December 23, 2022
Africa: Founding Partners of Africa Investment Forum Secure $1 Billion in Memoranda of Understanding During U.S.-Africa Leaders' Summit
Africa Investment Forum (AIF) last week garnered strong support in the U.S. to help advance key infrastructure projects for the continent. Three founding members of the Africa… Read more »
Africa: Communique of the Global Community of Practice (G-Cop) Policy Dialogue On Development Without Borders
Theme: "leveraging the African diaspora for inclusive growth and sustainable development in Africa" Read more »
December 22, 2022
Africa: 2022 Review - Confidence in the African Development Bank Increases!
2022 was a year of renewed confidence in the African Development Bank Group. Contributing countries mobilized and contributed $8.9 billion to replenish the African Development Fund… Read more »
Africa: African Development Bank Unveils the African Pharmaceutical Technology Foundation At the 2nd International Conference On Public Health in Africa
The African Development Bank Group has formally introduced its new initiative that will join hands with the African Union to boost Africa's capacity to produce drugs, vaccines,… Read more »
Tunisia: Tunisia - African Development Bank Group Board Approves $27 Million and €10 Million Loans for Kairouan Solar Plant
The Board of Directors of the African Development Bank Group has approved a $27 million and €10 million loan package to co-finance the construction of a 100-megawatt Solar… Read more »
Senegal: Senegal - African Development Bank Provides an Additional €5.01 Million for the Diamniadio Digital Technology Park
The Board of Directors of the African Development Bank Group on 8 December 2022 approved additional financing of €5.01 million for the future Digital Technology Park in… Read more »
Mauritius: African Development Bank Approves $40 Million Trade Finance Package to Bank One Limited Mauritius
The Board of Directors of the African Development Bank Group has approved a $40 million Trade Finance Package in favor of Bank One Limited of Mauritius. The financial package… Read more »
December 19, 2022
Africa: Côte d'Ivoire - African Development Bank, Africa Finance Corporation, German Investment Corporation and Emerging Africa Infrastructure Fund Reach Financial Close On €174.3 Million Singrobo Hydropower Plant
Financing for the Singrobo-Ahouaty 44-megawatt hydropower project in Côte d'Ivoire has reached financial close with the African Development Bank Group as mandated lead… Read more »
December 17, 2022
Angola: Angola - African Development Bank Group Approves $10million Trade Finance Transaction Guarantee to Banco Fomento De Angola S.a. (Bfa)
The Board of Directors of the African Development Bank Group has approved a $10 million Trade Finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging… Read more »
Africa: African Leaders and U.S. Government Affirm Commitment to Nutrition Investment for Africa On Margins of U.S.-African Leaders Summit
U.S. Government is committing $760 million to expand and scale agricultural programs that support farmers and communities around the world hit by rising food, fuel, and fertilizer… Read more »
Africa: Senegal - African Development Bank Grants About Eur 40 Million for the Development of Livestock Production and Productivity
The African Development Bank provides financial support to develop livestock production and productivity in Senegal Read more »
December 16, 2022
Africa: The Gambia - African Development Bank Commits Grants of $20.56 Million to Further Upgrade Banjul Port
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, on Thursday approved grants worth $20.56 million to… Read more »
Africa: Mauritius - African Development Bank to Help Build Sustainable Infrastructure and Economic Resilience
For 2022-2027, the African Development Bank's main objective is to support Mauritius' ambitions to become a high-income country by 2030. Read more »
December 15, 2022
Rwanda: Rwanda - In Kigali, World Circular Economy Forum Paves the Way for African Leadership Toward a Circular Future
Rwanda's Minister of Environment Jeanne d'Arc Mujawamariya and African Development Bank Country Manager Aissa Toure Sarr with members of the Bank's WCEF organizing team in Kigali Read more »
December 14, 2022
Africa: New Report Shows Need for Greater Action If Africa Is to Hit SDG, Agenda 2063 Targets
The coronavirus pandemic, the war in Ukraine, and climate change have all hampered Africa's progress toward meeting the Sustainable Development Goals (SDGs). With 2030 less than 8… Read more »
Africa: Desert to Power - Ministers Meeting in Nouakchott Commit to Strengthening Public-Private Partnerships
The third ministerial meeting of the 5 Sahel countries of the Desert to Power initiative has taken place under the theme "Strengthening Public-Private Partnerships in the… Read more »
Africa: Policy Dialogue - The Equitable Framework and Finance for Extractive-Based Countries in Transition
What: Policy Dialogue on Natural Resource-based Development focusing on the Equitable Framework and Finance for Extractive-Based Countries in Transition (EFFECT) tool Read more »
Africa: CBD COP15 - New African Development Bank, Wwf Study Calls for Urgent Attention and Increased Investment in Africa's Biodiversity
From left: Vanessa Ushie, Arona Soumare, Jo Mulongoy , Prudence Galega, Ousseynou Kasse, Jeanne Ntain and Innocent Maloba Read more »
December 13, 2022
Senegal: African Development Bank Group President Appoints Senegal's Former Minister Amadou Hott As Special Envoy for the Alliance for Green Infrastructure in Africa
African Development Bank Group President Dr. Akinwumi Adesina has appointed Senegal's former minister Amadou Hott, as his Special Envoy and global champion for the Alliance for… Read more »
Africa: Sudan - African Development Bank Group Commits Nearly $74 Million to Boost Wheat Production
Daf'Allah Mohamed Ahmed is one of more than 1,400 farmers and stakeholders taking part in the TAAT program, set to expand under the African Emergency Food Production Facility… Read more »
Africa: 2022 AEC - Accessing Clean, Affordable Energy in Africa Is Key As the World Moves Towards Energy Transition: Panelists
Representatives of the African Development Bank, the World Bank, UNDP, and UNECA discuss Africa's just energy transition at the 2022 African Economic Conference in Mauritius. Read more »
December 12, 2022
Africa: 2022 Africa Visa Openness Index Shows Improvement in Visa Policies Across Continent
Despite Covid-19 lockdowns and travel disruptions, 93% of African countries have maintained or improved their score relative to 2021 Read more »
Africa: African Pharmaceutical Technology Foundation - Enhancing Technology Access and Transfer for Domestic Manufacturing in Africa
What: Read more »
Africa: Enhancing Technology Access and Transfer for Domestic Manufacturing in Africa
What: Forum to introduce newly launched African Pharmaceutical Technology Foundation Read more »
Africa: COP27 - African Development Bank and Oecd Development Centre Join Forces to Roll Out Policy Toolbox for a Sustainable Low-Carbon Transition in Africa
The African Development Bank and the Organisation for Economic Co-operation and Development's (OECD) Development Centre have teamed up to roll out a new policy toolbox for a just… Read more »