April 28, 2023
Africa: African Development Bank Rolls Out New Whistleblowing Policy
New policy brings retaliation by contractors, consultants and suppliers under the Bank's sanctions regime Read more »
Africa: Policy Dialogue - Asia-Africa Cooperation On Natural Gas
What: Policy Dialogue on presenting a new vision for Asia-Africa Cooperation on Natural Gas. Read more »
Africa: African Development Bank Advocates for Strengthening the Role of Multilateral Development Banks Beyond Financing
On the occasion of its Annual Meetings, to be held from 22 to 26 May 2023 in Sharm el Sheikh, Egypt, the African Development Bank Group plans to highlight the role that… Read more »
April 27, 2023
Africa: African Development Bank Appoints Jean-Hubert Bayala As Acting Director for General Services and Procurement
The African Development Bank Group has appointed Jean-Hubert Bayala, a national of Burkina Faso, as Acting Director for its General Services and Procurement department. The… Read more »
Morocco: Eco-Responsibility, a Priority for the Development of the Moroccan Road Network
Fields of Argan trees as far as the eye can see. A symbol of Morocco, this endemic small tree has grown in the arid regions of the Kingdom since time immemorial. Demanding little… Read more »
Africa: African Development Bank Updates Its Integrated Safeguards Systems
The Board of Directors of the African Development Bank has approved updates to the institution's Integrated Safeguards System (ISS) on April 12, 2023. Among other changes, the… Read more »
April 26, 2023
Africa: In Egypt, Banlastic Is a Social Enterprise Full of Green Fibre
"Plastic bags are useful on average for five minutes ... and have a lifespan of 400 years," says Ahmed Yassin. Wherever you go in the world, these bags are damaging the… Read more »
Africa: Africa Development Bank Group - A World Leader in Commitments to Climate Finance
As Africa's foremost development finance institution, the African Development Bank Group has significantly increased its commitments to climate finance since the 2015 United… Read more »
Africa: Nigeria - African Development Bank and Africa Fintech Network Sign $525,000 Grant to Strengthen Development of Fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a… Read more »
Seychelles: Seychelles Civil Society Organizations Open Day
What: Seychelles Civil Society Organizations Open Day Read more »
Africa: African Development Fund, Smart Africa Alliance Launch $1.5 Million Project to Enhance Digital Trade and E-Commerce Ecosystems Across Africa
The African Development Fund and Smart Africa Alliance have jointly launched a $1.5 million project to streamline digital trade and e-commerce policies across 10 African countries. Read more »
Africa: Japan - Smart Water Drainage Facility Reduces Cost of Damage Caused By Floods By 90 Percent
A paragon of climate adaptation at its best Read more »
Africa: The African Development Fund's New Climate Action Window, a Pivotal Instrument for Strengthening Africa's Climate Resilience
In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners… Read more »
Africa: UN Cites African Development Bank As a World Model in Climate-Adaptation Finance
As Africa's foremost development finance institution, the African Development Bank Group has significantly increased its commitments to climate finance since the 2015 United… Read more »
April 25, 2023
Africa: African Development Bank Group, Jica Sign $350 Million Loan Agreement to Support Africa's Private Sector
The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank's support for private… Read more »
April 24, 2023
Africa: Making Money Work for Better - Utilising International Financial Institutions' Reserve Finances for Sustainable Development
With Caribbean countries needing more than USD100 billion to fund sustainable development projects, we will look at new ways to unlock capital and work with financial institutions… Read more »
Africa: Africa / Climate Finance Facing Global Macroeconomic Challenges - Time for Private Sector Support
Africa, the continent that pollutes the planet the least, is today one of the world's most vulnerable to climate risks. While nations across the continent grapple with financing… Read more »
Africa: Natural Capital, an Option for African Governments to Finance Sustainable Development Goals
Africa must use all its comparative advantages to mobilize the resources it needs to finance its sustainable development ambitions. Since 2010, official development assistance has… Read more »
Africa: Private Sector Crucial to Overcoming Africa's Critical Investment Gaps - African Development Bank
Bank's partnership with the African Sovereign Investor's Forum represents important step in terms of increasing the leverage of investments as well as reassuring global investors… Read more »
Africa: Investing in Africa Is Profitable, African Development Bank President Tells Japanese Investors
The president of the African Development Bank Group, Dr. Akinwumi Adesina, has called for a significant increase in Japanese investment in Africa, saying the continent is the… Read more »
São Tomé and Príncipe: Sao Tome and Principe - African Development Bank Holds Civil Society Open Day
The African Development Bank Country Office in Sao Tome and Principe held its maiden Open Day on 23 March 2023 to discuss its country strategy and portfolio, opportunities, and… Read more »
April 21, 2023
Africa: African Development Bank, Ilx Sign Partnership to Mobilize European Institutional Capital for Sustainable Projects Across Africa
The new agreement will mobilize institutional investor capital in support of AfDB's private sector loan operations focused on African countries Read more »
April 20, 2023
Kenya: The African Development Bank, Kenya's Power Utility Ketraco Hold Workshop On PPP Law
The African Development Bank recently hosted a workshop for stakeholders in Kenya's energy sector to discuss the new Public-Private Partnership Act 2021 and how it can advance the… Read more »
West Africa: Côte d'Ivoire - Singrobo-Ahouaty, West Africa's First Private Sector-Financed Hydropower Plant to Supply Electricity to 100,000 Households and Reduce Greenhouse Gas Emissions.
Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north of Abidjan, achieved a completion rate of 78.93% as of end-March… Read more »
April 17, 2023
Africa: Evaluation of Lmcp Shows Significant Positive Impact and Need for Productive Use of Electricity
An impact assessment of Phase 1 of the Last Mile Connectivity Project in Kenya has established a need for the African Development Bank-supported initiative to encourage the… Read more »