December 02, 2023
Africa: COP28 Multilateral Development Banks (Mdb) Joint Statement
The climate crisis is rapidly worsening with increasingly severe and visible social, environmental, and economic impacts across the world. The window of opportunity to secure a… Read more »
Africa: COP28 - Global and African Partners Pledge $175m to the Alliance for Green Infrastructure in Africa (Agia)
In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175… Read more »
Africa: Mdbs Join Forces At COP28 for Global Climate Resilience
Multilateral development banks (MDBs) have a key role to play in combating climate change, said development experts at this year's Conference of the Parties, COP28, convened as… Read more »
Africa: Bank-Civil Society Coalition Event At COP28
What: Bank-Civil Society Coalition Event at COP28 Read more »
Africa: COP28 - Events Organised By the African Development Bank Group At the Africa Pavilion
What: African Development Bank Events Read more »
Africa: Interview Opportunities
What: Read more »
Africa: COP28 - African Leaders Urge Robust Financing for Continent's Climate Adaptation
Global leaders attending this year's global climate change conference in Dubai on Friday urged a more global response to the continent's adaptation financing needs to tackle the… Read more »
Africa: Multinational - African Development Bank, Partners Launch $3.9 Million Project to Help Catalyse Diaspora Investment in Eight African Countries.
The African Development Bank, the African Union Commission (AUC), and the International Organization for Migration (IOM) have signed a protocol agreement for $3.9 million in grant… Read more »
December 01, 2023
Africa: Global Green Bond Initiative Joins With African Development Bank to Strengthen Green Bond Markets in Africa
"Let's help Africa fully leverage the power of green bonds," says AfDB Vice President Hassatou N'Sele. Alliance envisages €15-20 billion in green investments Read more »
Africa: What Lessons Can Asia Offer Africa in Developing the Green Minerals Value Chain?
A new vision is needed for Africa to harness its significant advantage in green mineral resources, experts say, and collaboration with Asian nations and learning from their… Read more »
Africa: Senegal - African Development Bank Loans Over Eur 74 Million to Strengthen Internal Resource Mobilization and Support Industrial Activities
The African Development Bank's action will contribute to increasing the State's public resources to improve people's living conditions. Read more »
Africa: Signing of Financial Pledges for the Alliance for Green Infrastructure in Africa On the Sidelines of COP28
What: Read more »
Africa: Africa Development Bank Group and the Prince's Trust International Commit to Accelerate Wealth-Creating Youth Programmes
"Together, we have opportunities to create youth wealth and eradicate poverty, which is not a tradable commodity."--Akinwumi Adesina Read more »
Uganda: Uganda - African Development Bank to Lend More Than $252 Million to Improve Rural Transport and Facilitate Regional Integration
Meeting on 1 December in Abidjan, the Board of Directors of the African Development Bank Group approved a loan of $252.83 million to Uganda, to fund the construction of the… Read more »
November 30, 2023
Africa: Malawi - African Development Bank Prioritizes Energy, Transport, Water and Agriculture in Its Country Strategy for 2023-2028
The Board of Directors of the African Development Bank Group approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two… Read more »
Africa: High - Level Policy Dialogue - 'Renewables and Natural Gas: Friends or Foes of a Just Transition in Developing Countries?'
What: Read more »
Africa: Cameroon - African Development Bank Group Loans Over Eur 73 Million for Construction of a Bridge Over the River Ntem Between Campo (Cameroon) and Rio Campo (Equatorial Guinea)
The Board of Directors of the African Development Bank Group on 29 November 2023 granted financial support of EUR 73.44 million to Cameroon for the construction of a bridge over… Read more »
Africa: COP28 High-Level Youthadapt Awards Ceremony
What: Read more »
Egypt: Egypt - African Development Bank Supports Commercial International Bank With $148 Million to Prop Up SMEs and Trade
Finance Read more »
November 29, 2023
Africa: Resource-Rich Africa Has No Excuse to Remain Poor, Says African Development Bank President
"Our governments must realise their responsibility to lift people out of poverty and into wealth as quickly as possible. It is doable"--Adesina Read more »
Kenya: Kenya - African Development Bank Commits More Than €101 Million to Boost Access to Electricity
The Last Mile Connectivity Project - Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans. Read more »
Kenya: Kenya - African Development Bank Lends €73 Million to Improve Economic Governance and Boost Industrial Development
€73 million in funding from the African Development Bank will support the Kenyan government's efforts to strengthen the social protection system for the most vulnerable… Read more »
Ghana: The African Development Bank Launches Research Project On Grain Quality Grading and Certification in Ghana
Bowls full of grains displayed in a market in Accra, Ghana Read more »
Burkina Faso: Burkina Faso - African Development Bank Supports New Hygiene, Water and Sanitation Projects With €43 Million
The Minister for the Environment, Roger Baro (3rd from right) and the Bank's Country Manager, Daniel Ndoye (1st from left) took part in the launch ceremony of the two projects. Read more »
Africa: African Development Bank Revises Economic Forecast for Africa Downwards Amid Continued Global Shocks
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from 4.0% and 4.3%. Read more »
