Africa: African Academy of Sciences Conference Charts New Path for Continental Scientific Renaissance

The African Academy of Sciences (AAS) 15th Bi-Annual General Assembly and Scientific Conference opened with powerful calls for African scientific sovereignty and renewed investment… Read more »

Cote d'Ivoire: African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan

The African Development Bank Group's Boards of Directors have approved the proposal by the Bank's Management to construct of a modern, state-of-the-art building to host its… Read more »

West Africa: West Africa - AfDB's Sustainable Energy Fund Africa to Provide $10 Million Anchor Investment in Arm-Harith Investment Fund for Sustainable Infrastructure

The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to… Read more »

Africa: African Development Bank's Adesina Wins Inaugural 'African of the Decade' Award

In a milestone celebration of African leadership, Dr. Akinwumi Adesina's decade-long impact on continental development has earned him the inaugural "African of the Decade" award.… Read more »

Africa: African Youth Tech Venture Entrepreneurs Embark On Groundbreaking Korean Innovation Tour

Twenty promising youth entrepreneurs from African technology ventures and enterprise support organizations have embarked on a two-week study tour of the Republic of Korea, seeking… Read more »

Africa: Advancing Gender Equality in South Africa's Just Energy Transition

A series of impactful events held between November 12-15 marked several strides forward in advancing gender equality in South Africa's Just Energy Transition. Read more »

Chad: Cameroon - A Loan of Eur 330 Million From the African Development Bank to Improve the Performance of the Douala-Ndjamena Economic Corridor

The Board of Directors of the African Development Bank Group this week approved two loans to Cameroon designed to radically improve transport links with neighbouring Chad with… Read more »

Africa: African Development Bank to Make $30 Million Equity Investment in Africa Finance Corporation to Catalyse Climate Action

The African Development Bank's Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative "green shares"… Read more »

Africa: African Development Bank and Partners Unveil Guidance to Transform Healthcare Infrastructure in Africa

The African Development Bank and its partners have launched a comprehensive guide that shares practical strategies to ensure equitable access to health infrastructure for… Read more »

Ethiopia: Bank Commemorates 60 Years of Impact in Ethiopia

Ethiopia has joined other countries across the continent to celebrate the African Development Bank's 60th anniversary with a colourful and instructive trip down 'Memory Lane'. Read more »

Africa: African Development Bank Launches Debt Management Forum for Africa (Demfa) - Holds Inaugural Policy Dialogue

What: Read more »

Africa: African Development Bank Highlights Efforts in Land Degradation At Ccd COP16

The African Development Bank showcased its critical strategies for combating land degradation and promoting sustainable land management during a key side event at the 16th Session… Read more »

Zambia: Zambia - African Development Bank Grants Loan of $108 Million to Strengthen Economic Governance

The Board of Directors of the African Development Bank Group approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance… Read more »

Africa: African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region

The African Development Bank (AfDB) proudly celebrates its Diamond Jubilee, marking 60 years of driving social and economic transformation across the African continent. The… Read more »

Africa: African Development Bank Group to Extend Facilities Worth $200 Million and Zar 3.6 Billion to Standard Bank Group to Increase Trade in Africa and Support SMEs

The Board of Directors of the African Development Bank Group has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in… Read more »

Africa: Unccd COP16 - Mobilizing Global Action for the African Great Green Wall Initiative

The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16) hosted a high-level event to mobilize political support and scale up… Read more »

Africa: Africa Investment Forum 2024 - Sustainable Energy Fund for Africa Welcomes Japan As Donor - Showcases Innovative Financing Solutions for Africa's Energy Transition

The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the… Read more »

Tanzania: African Development Bank Leads $1.2 Billion Financing Syndication for Tanzania's Standard Gauge Railway Project

The African Development Bank has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilize up… Read more »

Madagascar: Madagascar - African Development Bank Group Grants a $165 Million Loan to Develop Roads in Southern Madagascar and Facilitate Trade

The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity.… Read more »

Africa: Africa Investment Forum - African Development Bank and Italy's CDP to Mobilise Up to €750 Million for Africa

The African Development Bank Group and Italy's National Promotional Institution Cassa Depositi e Prestiti (CDP) have signed a new implementing agreement for cooperation through an… Read more »

Nigeria: Nigeria's Special Agro-Industrial Processing Zones (Sapz) Phase II, Boosted With a Whopping $2.2 Billion Investment Interest At the Africa Investment Forum (Aif) 2024

The African Development Bank Group facilitated $2.2 billion in capital mobilization for its transformative Special Agro-Industrial Processing Zones Nigeria Phase II project during… Read more »

Africa: Africa Investment Forum 2024 - Strengthening Public-Private Partnerships Is Key to Financing Infrastructure in Africa (Leaders)

Leaders of development finance institutions (DFIs), insurance companies and export credit agencies (ECAs) have urged greater mobilization of the private sector to finance… Read more »

Nigeria: African Development Bank's Afawa Initiative Teams With African Guarantee Fund, Bank of Industry for $50 Million Financing Agreement Targeting Nigerian Small and Medium Enterprises

The African Development Bank Group's Affirmative Finance Action for Women in Africa (AFAWA) program is lending its support to a new $50 million financing agreement to provide… Read more »

Liberia: African Development Fund Approves $18.3 Million to Strengthen Revenue Mobilization and Governance in Liberia

The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group, has approved an $18.3 million financing package to… Read more »

Eswatini: Eswatini - African Development Bank Approves a Loan of Over $140 Million to Open Up Two Major Regions With Road Infrastructure Project

The Board of Directors of the African Development Bank Group has approved a loan of $140.6 million to Eswatini for the first stage of a programme to improve road links and mobility… Read more »