Africa: African Development Bank Group's Sustainable Energy Fund for Africa Approves $10 Million Contribution to Kawisafi II Clean-Energy Fund

The Board of Directors of the African Development Bank Group has approved a $10 million junior equity investment in the KawiSafi II Fund to help local businesses create and expand… Read more »

Tunisia: Tunisia - African Development Bank Mobilises Over 92 Million Euros to Support Entrepreneurship and Job Creation

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of 92.3 million euro for the implementation of the Tunisian government's Support… Read more »

Africa: African Development Bank Group Women and Gender Communications Campaign Wins National Association of Black Journalists Salute to Excellence Award

America's largest organization of journalists and media-related professionals of colour has named the African Development Bank Group a "Salute to Excellence Award" winner for Bank… Read more »

Africa: Gonat Virtual Validation Workshop of Country Diagnostic Reports On Governance of Natural Resources

What: Governing Natural Resource Outflows for Enhanced Economic Resilience in Fragile and Transitional Countries (GONAT) Project Validation Workshop of Country Diagnostic Reports… Read more »

West Africa: Regional Consultation On Multisectoral Nutrition Policy Framework for the West Africa Region

What: Regional Consultation on Multisectoral Nutrition Policy Framework for the West Africa Region Read more »

Africa: African Development Bank Approves $40 Million Trade Finance Transaction Guarantee Facility to Ethiopia's Dashen Bank

The Board of Directors of the African Development Bank Group has approved a $40 million transaction guarantee facility to support Dashen Bank's trade finance activities in… Read more »

Africa: Strengthening Regulatory Role in Water and Sanitation Financing

What: Webinar on the regulatory role in water and sanitation sector financing Read more »

Comoros: Comoros - African Development Bank Approves Nearly $6 Million to Improve Financial Governance and Public Electricity Supply

The Board of Directors of the African Development Bank Group has approved a $5.94 million grant to the Comoros to support financial governance reforms and enhance electricity… Read more »

Madagascar: Economic Outlook - The African Development Bank Forecasts Growth for Madagascar of 4.5 Percent in 2024 and 5.3 Percent in 2025

The African Development Bank Group's Country Report 2024 forecasts vigorous economic activity for Madagascar, with expected growth of 4.5 percent in 2024, climbing to 5.3 percent… Read more »

Zambia: Zambia - More Than 460,000 People Will Soon Have Access to Improved Water and Sanitation Due to a Loan of $13.2 Million From the African Development Fund

The Board of Directors of the African Development Fund granted a loan of $13.2 million to Zambia in Abidjan on 17 July 2024 to implement innovative measures and improve access to… Read more »

Africa: African Development Bank to Intensify Investments in Clean Cooking Across Africa

The sprawling informal settlement of Mukuru on the outskirts of Nairobi holds powerful tales of how an innovative gas energy company is providing clean cooking solutions and… Read more »

Benin: African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development

The Board of Directors of the African Development Fund, the African Development Bank Group's concessional window, approved on Thursday a loan of $60 million to the Republic of… Read more »

Burkina Faso: Burkina Faso - African Development Bank Group Approves $39.2 Million Loan for Youth Resilience Project

The Board of Directors of the African Development Bank Group has approved a $39.2 million loan to Burkina Faso for a project to boost skill development and resilience among young… Read more »

Togo: Togo - The African Development Bank Grants a Loan of Over USD 26 Million to Develop Key Agricultural Sectors Through Private-Sector Investments

The Board of Directors of the African Development Bank Group have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone… Read more »

Comoros: African Development Fund Grants the Union of the Comoros $135 Million to Develop Its Ports and Facilitate Regional Trade

The Board of Directors of the African Development Bank Group has approved a $135 million package to the Union of the Comoros - its largest ever to the Indian Ocean archipelago - to… Read more »

Uganda: African Development Bank Calls for Increased Private Sector Engagement in Climate Finance At Uganda Conference

The African Development Bank has underscored the urgent need for increased private sector involvement in climate finance at a key meeting of African finance ministers. Read more »

Benin: Benin - The African Development Bank Supports a Study Aimed At Strengthening the Textile Industry Through the Private Sector

The Country Office of the African Development Bank Group in Benin - one of Africa's leading cotton producers - organised a workshop in Cotonou on 31 July 2024 to provide feedback… Read more »

Africa: Make Domestic Resource Mobilization Work for Africa's Structural Transformation

The implementation of the United Nations' Agenda 2030 for sustainable development and the African Union's Agenda 2063 hinges on Africa's ability to mobilize sufficient and timely… Read more »

Africa: Scaling Up Financing Is Key to Accelerating Africa's Structural Transformation

The calls for structural economic transformation in Africa date back to the 1960s when newly independent nations aimed to eliminate poverty through economic diversification,… Read more »

Africa: African Development Bank Invests $20 Million in Infrastructure Fund to Catalyze Continental Development

The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4 (AIIF4). The deal, signed on 31 July 2024, reinforces the… Read more »

Liberia: Propelling Growth - African Development Bank Reaffirms Support for Liberia Under New Government

African Development Bank Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he held high-level discussions with major stakeholders,… Read more »

Nigeria: African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria

The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic… Read more »

Africa: African Development Bank Launches 54 Country Focus Reports

The African Development Bank Group has launched Country Focus Reports designed to deepen policy dialogue on the macroeconomic performance and outlook of individual countries and to… Read more »

Africa: Italy's National Promotional Institution Cdp and African Development Bank to Invest €400 Million in Africa's Private Sector Growth

Italy's National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400 million over five years, to… Read more »

Comoros: Comoros - African Development Bank Provides $400,000 Emergency Aid for Populations Affected By Flooding and Cholera

The Board of Directors of the African Development Bank Group has approved a $400,000 emergency grant to support the Comoros' response to severe flooding and a cholera outbreak that… Read more »