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 »

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 »

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 »

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 »

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 »

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 »

Africa: Africa Knowledge Exchange Shares Perspectives On Protecting Forests, Fostering Climate Resilience and Empowering Communities

In March 2023, the Climate Investment Funds (CIF), the Government of Côte d'Ivoire, and the African Development Bank Group held a four-day event to share knowledge from 15… Read more »

Africa: Business Event - Japan-Africa Investment Ecosystem Co-Creation Forum

WHO: African Development Bank, KEIZAI DOYUKAI, United Nations Development Program Read more »

Africa: African Development Bank, European Union, and France Invest $300 Million in Tanzania's Hydropower Project

Kakono Hydropower Project to serve four million inhabitants and spur economic activity in the Kagera Region of Tanzania Read more »

Burundi: Burundi - African Development Bank Approves Trade Finance Transaction Guarantee Facility to Banque Commerciale Du Burundi (Bancobu)

The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging… Read more »

Africa: African Development Bank Group 2023 Annual Meetings to Underscore Resource Mobilization for Climate Change

In just over a month, African Development Bank Group governors will come together in Egypt to find ways to mobilize the robust private investment Africa needs to meet its urgent… Read more »

Mauritania: Mauritanian Waste Collection Company Transforms Into a Profitable Venture From Nothing

Growing up in a humble neighborhood outside Nouakchott, the capital of Mauritania, Lehbib Mohamed El Kory was like many youth in town wasn't expecting much from life. But he… Read more »

Africa: Africa Fertilizer Financing Mechanism Governing Council to Support Entity's Resources Mobilization Efforts

The Africa Fertilizer Financing Mechanism's (AFFM) Governing Council committed to to mobilize funds to implement the AFFM's Strategic Plan 2022 - 2028 to support the increased… Read more »

Burundi: Burundi to Receive Support From the African Development Bank Group in Key Development Sectors

The African Development Bank Group will mobilise close to $4 million to help Burundi urgently procure over 3,000 tons of fertilizer over the upcoming agricultural season. The… Read more »

Egypt: Egyptian Leader Lauds African Development Bank for Supporting Continent Through Tough Times

The President of the Arab Republic of Egypt Abdel Fattah El-Sisi has commended the work of the African Development Bank Group in helping the continent to deal with the impact of… Read more »

Morocco: Morocco - At Fez-Saïss Airport, Destinies Cross, Careers Take Flight

Two destinies crossed. Two women's paths. Read more »

Africa: Kumulus Technology - Creating Water From Thin Air

One morning, while on a trip with friends in the Tunisian desert, Iheb Triki witnessed a rare sight. When he woke up, he noticed that their tents were covered with dew. Read more »

West Africa: West African Monetary Institute to Receive $8 Million From African Development Fund to Support Enhanced Banking Identification and Financial Sector Efficiency in the West African Monetary Zone

The Board of Directors of the African Development Fund has approved $8 million in funding toward the establishment of a digitally interoperable unique bank identification system… Read more »

Somalia: Bank-Funded Water and Sanitation Project Improving Livelihood in Somaliland

On March 22 as the global community marked World Water Day, residents of a small town in Somaliland also had reason to celebrate. Read more »