July 20, 2023
Tunisia: Tunisia - African Development Bank Group Commits $87 Million to Prop Cereal Production
From left to right: Malinne Blomberg, African Development Bank Group's Deputy Director General for North Africa, and Samir Saied, Tunisia's Minister of Economy and Planning Read more »
North Africa: African Development Bank to Launch North Africa Economic Outlook 2023 Report
What? Launch of North Africa Economic Outlook 2023 report Read more »
Zambia: African Development Bank Group Rallies Behind Zambia and Plans Up to $150 Million in Budget Support As Country Succeeds With Debt Restructuring.
"Zambia is back. It is bankable and can count on Bank's support all the way," Adesina Read more »
Africa: African Development Bank Enters New $1 Billion Exposure Exchange With the Asian Development Bank to Increase Development Lending Capacity
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank. The transaction will support its efforts to… Read more »
Liberia: African Development Fund Approves $16 Million for Youth Entrepreneurship Investment Bank in Liberia
In an exciting move to unleash the business potential of young Liberians, the Board of Directors of the African Development Fund (ADF) has given the green light for the creation of… Read more »
Africa: Mauritania - African Development Bank to Provide $767,000 to Boost Livestock Farming, the Second-Largest Source of Livelihood
From left to right: African Development Bank Group's Deputy Director General for North Africa Malinne Blomberg and Mauritanian Minister of Economy and Sustainable Development… Read more »
Mali: Development Partners Express Support for $900 Million Mauritania-Mali Power Line
Development partners have committed to mobilize funding for a $900 million multinational power transmission line between Mauritania and Mali, connecting 620,000 people to… Read more »
July 19, 2023
Africa: African Development Bank Signs On Partnership Role in Women Deliver 2023 Conference Africa Debut
The African Development Bank has signed on as a partner of the Women Deliver 2023 Conference, a multi-sectoral gathering for advancing gender equality. The conference will debut in… Read more »
Africa: African Development Bank Group and World Bank Set Path for Transformative Collaboration in Africa
A productive working meeting in Abidjan on Tuesday between Senior Vice-President of the African Development Bank Group Bajabulile Swazi Tshabalala and a delegation from the World… Read more »
July 18, 2023
Benin: Benin - African Development Bank Group Extends Ꞓ80 Million Loan for Port of Cotonou Upgrading
Support from the African Development Bank for the Port of Cotonou will enable the construction of a new container terminal called "T5", among other things. (© PROSPER… Read more »
Africa: African Development Bank Appoints Ousmane Fall As Director of Non-Sovereign Operations and Private Sector
The African Development Bank Group has appointed Ousmane Fall, a Senegalese national, as Director of Non-Sovereign Operations and Private Sector, effective from the 1st of August… Read more »
July 17, 2023
Africa: African Development Bank Invests U.S.$ 20 Million in Pembani Remgro Infrastructure Fund II
Pembani Remgro Infrastructure Fund II investments will aim at developing industrial and green infrastructure projects. Read more »
Africa: Adesina Outlines Future Vision for Sustainable Growth and Climate Resilience in Key African Union Speech
African Development Bank Group President Dr Akinwumi Adesina on Sunday, outlined the Bank's significant achievements and commitments to Africa, underscoring the Bank's… Read more »
Liberia: African Development Bank and Government of Liberia Discuss Major Road Project
A delegation from the African Development Bank Group recently met senior government officials in Monrovia to discuss the Government of Liberia's request for financing of a major… Read more »
July 14, 2023
Cameroon: Cameroon - African Development Bank Provides Ꞓ63 Million Loan to Improve Entrepreneurship and Industrial Skills
The Bank's financing will enable us to equip people with skills to meet industry needs and spur economic growth in Cameroon. Read more »
Rwanda: Rwanda - African Development Bank Group Commits $101 Million to Sustainable Water and Sanitation Reforms
The Board of Directors of the African Development Fund has approved a $101 million loan to finance the Rwanda Sustainable and Resilient Water and Sanitation Program - a… Read more »
July 13, 2023
Africa: African Economic Outlook 2023 - Opportunities Abound for Asian Investors in Africa, Says Experts
"Good time for Asia businesses to invest in Africa ", experts say, as African Development Bank presents the 2023 edition of its flagship African Economic Outlook report to Asian… Read more »
Africa: African Economic Outlook 2023 - Opportunities Abound for Asian Investors in Africa, Experts Say
"Good time for Asia businesses to invest in Africa ", experts say, as African Development Bank presents the 2023 edition of its flagship African Economic Outlook report to Asian… Read more »
Africa: African Economic Outlook 2023 - Opportunities Abound for Asian Investors in Africa, Experts
"Good time for Asia businesses to invest in Africa ", experts say, as African Development Bank presents the 2023 edition of its flagship African Economic Outlook report to Asian… Read more »
Nigeria: To Roar Again, Nigeria Must Unleash an Industrial Revolution, Says African Development Bank Chief
"The day Nigeria wakes up and becomes a Lion King, everything will change for its people and Africa." Read more »
July 12, 2023
Africa: Mobilising Capital for Africa's Prosperity - Second Annual Meeting of Africa Sovereign Investors Forum Highlights Importance of Strategic Partnerships
African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign… Read more »
July 11, 2023
Africa: African Development Bank Appoints Max Magor Ndiaye As Director of Syndication, Co-Financing and Client Solutions Department
The African Development Bank has appointed Mr Max Magor Ndiaye as Director of the Syndication, Co-financing and Client Solutions Department, effective 1st July 2023. Read more »
Africa: Mozambique - Prime Minister Maleiane Commends African Development Bank Group's Partnership During Visit By Bank Vice-President Akin-Olugbade and Team
(From left to Right): Bank Director-General for Southern Africa, Leila Farah Mokaddem; Mozambican Prime Minister Adriano Maleiane;Bank Vice President for Regional Development,… Read more »
Africa: Zimbabwe Hosts 5th Structured Dialogue On Debt With Creditors
Since late 2022, the government of Zimbabwe has been engaged in a concerted process to resolve its official debt and clear its arrears with international creditors, including the… Read more »
July 10, 2023
Tanzania: Tanzanian President Meets African Development Bank to Advance Post-Dakar 2 Africa Food Summit Agricultural Transformation
President of the United Republic of Tanzania H.E. Samia Suluhu Hassan and Bank Vice President Dr. Beth Dunford, with their respective delegations at Tanzania's State House in… Read more »
