Africa: African Development Bank's Climate Action Window Channels $31m to Boost Climate Resilience in Four Countries

The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience… Read more »

Madagascar: Madagascar's Rural Revival - How Two African Development Bank-Supported Programs Are Transforming Agriculture and Entrepreneurship

Two pioneering programs supported by the African Development Bank in Madagascar are breathing new life into the agricultural sector and unlocking entrepreneurial opportunities for… Read more »

Africa: Launch of Action Plan for Anti-Money Laundering and Combatting Illicit Financial Flows

What: Launch of Action Plan for Anti-Money Laundering and Combatting Illicit Financial Flows Read more »

Africa: Local Debt Solutions At the Forefront As African Development Bank Launches Pan-African Debt Management Forum

The African Development Bank has launched a Debt Management Forum for Africa (DeMFA), a platform to manage Africa's debt challenges against the backdrop of rising debt, increasing… Read more »

Africa: Mission 300 Energy Summit - A Watershed Moment for Africa's Energy Future

The just-concluded Mission 300 Africa Energy Summit in Dar es Salaam marks a pivotal shift in how the continent approaches its energy crisis, from fragmented national efforts to a… Read more »

Africa: Mission 300 Energy Summit Highlights Mobilizing Power of Global Partnerships

Two panel sessions at the recently concluded Africa Energy Summit in Tanzania underscored the pivotal role bilateral and multilateral partnerships will play in accelerating the… Read more »

Africa: Mission 300 - African Leaders Pledge to Advance Clean Cooking Solutions for Africa At Milestone Energy Summit

African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000 women… Read more »

Africa: Africa Delivers the First Mechanism for International Cooperation On Climate Change Adaptation Under the Paris Agreement

The African Development Bank's Adaptation Benefits Mechanism (ABM), piloted across Africa since 2019, has become the first non-market approach registered on the United Nations… Read more »

Africa: African Guarantee Fund Launches $5 Billion Mission 300 Local Currency Guarantee Facility to Accelerate Energy Access Across Africa

The African Guarantee Fund (AGF) today announced the launch of its Mission 300 Local Currency Guarantee Facility, a groundbreaking initiative to mobilize $5 billion to support… Read more »

Africa: Mission 300 - Africa Electricity Summit - Private Sector Seeks Role in Power Transmission and Distribution in Africa

Major investors called for Africa's energy transmission and distribution sector to be opened to private capital during the Africa Energy Summit in Dar es Salaam. Read more »

Africa: Mission 300 - Significant New Donor Pledges in Support of the Sustainable Energy Fund for Africa Announced On Margins of the Africa Energy Summit

Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the African… Read more »

Africa: African Development Bank Partners With Axian Telecom to Accelerate Africa's Digital Transformation

The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries.… Read more »

Africa: Africa Energy Summit, Leaders Commit to Energy Transformation With More Than $50billion Backing From Global Partners

Thirty African Heads of State and government today committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity to power economic… Read more »

Africa: African Ministers Welcome Bold Mission 300 Initiative to Expand Electricity Access

African energy and finance ministers welcomed an ambitious new partnership to transform the continent's power sector at the Mission 300 Africa Energy Summit in Dar es Salaam on… Read more »

Africa: African Development Bank and Kpmg Present New Financing Model to Leverage Africa's Mineral Wealth for Accelerated Energy Transition

The African Development Bank Group and international accounting organisation KPMG South Africa have launched a report setting out an innovative approach to mitigating the foreign… Read more »

Africa: Mission 300 Africa Energy Summit - Continent to Connect 300 Million to Electricity By 2030 in New Ambitious and Collaborative Initiative

Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to implementation, participants at the Africa… Read more »

Africa: Lighting Up Africa - The Transformative Power of Mission 300

Across Africa, nearly 600 million people live in energy poverty, deprived of reliable access to electricity--a fundamental prerequisite for modern life. This staggering statistic… Read more »

Africa: Africa's Power Revolution - Mission 300 to Light Up Continent's Future

In a continent where millions of homes are still shrouded in darkness each night, a groundbreaking initiative is sparking hope. Next week, African and global changemakers will… Read more »

Africa: International Day of Clean Energy January 26th - African Development Bank Promotes Women's Empowerment Through Sustainable Energy Business Development

When Grace Akingurwaruh signed up to become a seller of coal-efficient, improved-cooking stoves, she had no idea that she'd be successful enough to purchase her first smartphone -… Read more »

Togo: In Togo, Solar Energy Raises the Quality of Community Healthcare and Opens Up Opportunities for Small-Scale Farmers in Rural Areas

Night falls on the Batonou health center along the Mono River, which separates Togo from Benin. Victorine Massegbe Ablavi, nurse, midwife and head of the Peripheral Care Unit, is… Read more »

Africa: Ustda and African Development Bank Renew Partnership to Advance Quality Infrastructure in Africa

The African Development Bank and the U.S. Trade and Development Agency have renewed a Memorandum of Understanding (MOU), extending their strategic partnership for five years. This… Read more »

Africa: African Development Bank Approves Pioneering Regional Chemicals and Waste Management Project in Africa

The African Development Bank Group's Board of Directors has approved a groundbreaking initiative to tackle the challenge posed by hazardous chemicals, including Persistent Organic… Read more »

Egypt: African Development Bank Approves USD 170 Million Loan to Support Egypt's Private Sector and Economic Diversification

The African Development Bank has approved a loan of USD 170 million to the government of Egypt for the implementation of the second phase of a programme to foster private sector… Read more »

Cote d'Ivoire: Côte d'Ivoire - South-South Meeting to Promote Gender Equality and Combat Deforestation

From 10 to 12 December 2024, the African Development Bank, through the Climate Investment Funds (CIF), initiated a South-South exchange trip, which saw a delegation from Burkina… Read more »

Africa: Mission 300 Africa Energy Summit to Concretize Efforts to Connect 300 Million Africans to Energy By 2030

In a bold step to address Africa's persistent energy crisis, the World Bank Group and the African Development Bank Group will convene an Africa Energy Summit on January 27-28 to… Read more »