July 18, 2022
Zambia: African Development Bank Grants $1.4 Million to Export Trading Group to Strengthen Entrepreneurship Skills of Women-Owned & Led Businesses in Mozambique, Tanzania and Zambia
The Board of Directors of the African Development Bank Group has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned… Read more »
July 15, 2022
Tanzania: African Development Bank Group Approves $73.5 Million to Boost Food Production in Tanzania
The Board of Directors of the African Development Bank Group today approved $73.5 million to finance a program that will boost Tanzania's food production by a million tonnes in… Read more »
Kenya: Kenya - African Development Bank Approves $150 Million for Nairobi-Nakuru-Mau Summit Highway Project
The Board of Directors of the African Development Bank Group today approved financing of $150 million to Kenya to support a major highway development project under the government's… Read more »
Africa: South Sudan - African Development Bank Grants $8.1 Million to Support Food Production
The Board of Directors of the African Development Bank Group today approved a grant of $8.1 million to South Sudan to fund its Emergency Food Production Programme. Read more »
Africa: When Solidarity Becomes a Value Chain
Just a few years ago, Benina Bint Yahya was barely making ends meet in Nouakchott, the capital of Mauritania. Back then, Yahya and her eight children relied mostly on her husband's… Read more »
Africa: World Youth Skills Day July 15 - African Development Bank's Coding for Employment Program Selects 500 Digital Ambassadors to Lead Peer-to-Peer Training Model
The African Development Bank's Coding for Employment program has selected 500 changemakers, 45% of whom are women, from four countries for the pilot Digital Ambassadors Program. Read more »
Rwanda: Rwanda Joins African Development Bank-Supported Remote Data Collection Initiative
Rwanda has embraced the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative, a tool that enhances project-related data collection in remote areas. It is the… Read more »
Africa: African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat
The Board of Directors of the African Development Fund approved an $11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA)… Read more »
July 14, 2022
Central African Republic: Food Security - African Development Bank Donates $5.4 Million to Central African Republic for Food Security Project
The Board of Directors of the African Development Bank Group today approved a grant of $5.39 million to the Central African Republic. The grant will assist the production of an… Read more »
Kenya: Kenya - African Development Bank Approves a €63 Million Loan to Increase Cereals and Oil Seed Production
The Board of Directors of the African Development Bank Group has approved a €63 million loan to Kenya to significantly boost cereals and oil seeds production by over 1.5… Read more »
Gabon: Gabon - African Development Bank and Government Discuss Partnership and Development Priorities for 2023-2027
The African Development Bank Group and the Gabonese government held national consultations from 20-23 June, on the Country Diagnostic Note and the 2016-2022 Country Strategy Paper. Read more »
Guinea: Guinea - $66 Million From the African Development Bank to Extend Access to Electricity
On 14 July 2022 in Abidjan, the Board of Directors of the African Development Bank Group approved a $66.39 million support package for Guinea. The funding is intended to help it… Read more »
Africa: African Development Bank Group President Akinwumi Adesina to Visit Morocco
African Development Bank Group President Dr. Akinwumi A. Adesina will travel to Morocco next week on a four-day visit to the Kingdom. Read more »
Cape Verde: Cabo Verde - Cabo Verde Prime Minister, African Development Bank Head Affirm Commitment to Strengthen Island Nation's Economy From Exogenous Shocks
The African Development Bank Group President Dr Akinwumi Adesina has met with Cape Verde Prime Minister José Ulisses de Pina Correia e Silva on an official visit to the… Read more »
Africa: African Development Bank Group President Akinwumi Adesina Visits Morocco
The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, will travel to Marrakesh on Monday, 18 July 2022, for a four-day visit. Read more »
July 13, 2022
Africa: African Development Bank Ranks First On Global Aid Transparency Index
Publish What You Fund, the global campaign for aid and development transparency, has named the African Development Bank the most transparent organisation in the world. Read more »
East Africa: African Development Bank Approves $175 Million Regional Trade Finance Funded Risk Participation Agreement Facility for Eastern and Southern African Trade & Development Bank
The Board of Directors of the African Development Bank Group has approved a $175 million Trade Finance Funded Risk Participation Agreement facility between the African Development… Read more »
Africa: African Development Bank Group Approves Euro 50 Million Trade Finance Risk Participation Partnership With Societe Generale to Support Local Banks and SMEs in Africa
The Board of Directors of the African Development Bank Group on Wednesday 13 July approved a €50 million unfunded risk-sharing facility partnership with Societe Generale to… Read more »
Zimbabwe: African Development Bank and Partners to Work Together On Zimbabwe's Debt Action Plan
ailure is not an option. Zimbabwe's arrears clearance strategy must succeed." - Akinwumi Adesina Read more »
Cote d'Ivoire: Côte d'Ivoire - The African Development Bank Group Extends $400,000 Grant to Build Capacity of Public Financial Institution
The African Development Bank Group has approved on 13 July 2022 a $400,000 technical assistance grant to the Deposit and Consignment Office of Côte d'Ivoire (CDC-CI, a State… Read more »
July 12, 2022
Morocco: Morocco - African Development Bank Commits €87 Million Loan to Widen Social Protection and Strengthen Health Services
The Board of Directors of the African Development Bank Group approved an €87 million loan to implement the Support Program for the Generalization of Social Coverage in Morocco Read more »
Africa: African Development Bank - New Flagship Publication Looks At Ten Years of Investments in Regional Operations
The African Development Bank Group has released a new report providing a snapshot of results of regional operations financed by its concessional lending window, the African… Read more »
Africa: Cameroon - African Development Bank and Government Launch Programme to Strengthen Supreme Audit Institutions
The African Development Bank and the Government of Cameroon have launched the Regional Programme to Strengthen the Mandates of Supreme Audit Institutions. The launch took place… Read more »
Africa: Niger - African Development Bank, Government Hold Multistakeholder Dialogue On Country Strategy Paper for 2023-2027
The government of Niger, the African Development Bank and several other stakeholders have begun a review of the country's 2018-2022 Country Strategy Paper (CSP) and 2022 portfolio… Read more »
July 11, 2022
Nigeria: African Development Bank-Supported Trade Credit Guarantee Project Increases Access to Fertilizer in Nigeria
In the middle of Kamba market in Nigeria's north-western Kebbi State, hub agro-dealer Umar Sani points to a stack of fertilizer bags in Alhaji Musa's retail shop, a sign to… Read more »