July 14, 2022
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 »
Africa: African Development Bank Group Chief in Zimbabwe to Get Debt Clearance Plan Underway
African Development Bank Group President Dr. Akinwumi Adesina arrived in Zimbabwe today at the start of a two-day official visit to the country. Read more »
Africa: Zimbabwe - Zimfund $23 Million Power Project Ready to Roll With Delivery of New Transformer
An Emergency Power Infrastructure Rehabilitation Project funded by ZimFund, has reached the last leg of implementation with the delivery of a 175 MVA transformer, Read more »
July 10, 2022
Africa: Statement On the Death of Former Prime Minister of Japan, Shinzo Abe
I wish to express my condolences and sympathies to the Government and people of Japan on the tragic death of former Prime Minister Shinzo Abe. Read more »
July 08, 2022
Kenya: President Kenyatta Endorsed As Global Champion for Africa Adaptation Acceleration Program
Global leaders on Thursday tasked Kenya's President Uhuru Kenyatta to spearhead Africa's effort to address climate change under the Africa Adaptation Acceleration Program (AAAP). Read more »
Senegal: African Development Bank Extends €121 Million Food-Production Loan to Senegal to Cushion Impacts of War in Ukraine
The Board of Directors of the African Development Bank Group today approved a €121 million loan to Senegal for implementation of an emergency agricultural programme that will… Read more »
Africa: Water At Last! Zimfund Brings Relief to Dangamvura Residents After 22 Years of Dry Taps
Elison Basopo, a lecturer, is a resident of Dangamvura high density suburb in Mutare, a city in eastern Zimbabwe's Manicaland province. A senior citizen, he has lived there for 37… Read more »
July 07, 2022
Tunisia: Tunisia's New Industrialization and Innovation Strategy Supported By the African Development Bank
Tunisia's Head of Government, Najla Bouden Ramadan launched a new strategy for industrialization and innovation on 6 July in Tunis to help create 840,000 industrial jobs and… Read more »
Comoros: The African Development Bank Is Supporting Improvements to the Power Grid in the Comoros
The Comoros Energy Sector Support Project has helped improve the country's power grid. Read more »
July 05, 2022
Kenya: Kenya - African Development Bank Approves €89 Million Loan to Bolster Economic Recovery
The Board of Directors of the African Development Bank Group has approved an €89 million loan to boost the Kenyan government's economic recovery efforts. Read more »
July 04, 2022
Africa: Invest More in Africa--Akinwumi Adesina Urges Keen Irish Business Community
Since joining the African Development Bank Group as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa.… Read more »
Africa: Africa Energy Forum 2022 - African Development Bank, Private Infrastructure Development Group, Deepen Cooperation On Desert to Power
A financing facility associated with the African Development Bank's Desert to Power Initiative was featured at a side event held on the margins of the just-ended Africa Energy… Read more »
July 01, 2022
Africa: 11th World Urban Forum - Amplifying the Voices of African Cities
What can representatives of African cities learn from their counterparts from the rest of the world? To answer that question, the African Development Bank invited representatives… Read more »
Tanzania: In Tanzania, a Special Training Center Provides a Second Chance for Out-of-School Youth
Hadia Baruti Wimbi was only six years old when she left her parents' home, eventually leading to her spending much of her childhood without any schooling. "An elderly member of my… Read more »