August 30, 2021
Africa: East and Southern Africa Fertilizer Financing Forum
What: East and Southern Africa Fertilizer Financing Forum Read more »
August 27, 2021
Africa: International Community Must Act to Avert a Two-Speed Global Economic Recovery Post Covid-19
Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to discuss the uneven global economic recovery, access… Read more »
August 24, 2021
Africa: African Development Bank's Youth Entrepreneurship and Innovation Multi-Donor Trust Fund Provides More Than $7.3 Million for Youth Jobs and Skills
In June and July of this year, an African Development Bank technical review committee approved eight project proposals to receive funding in an important milestone for its Jobs for… Read more »
August 23, 2021
Africa: 2021 Singapore Africa Business Forum - In Africa, Challenges Are the Opportunities Despite Covid-19
The global Covid-19 pandemic should not dampen investor appetite in Africa. The continent remains an investment destination of choice despite the challenges, panelists at an… Read more »
August 20, 2021
Africa: African Development Bank Group Business Opportunities Seminar 2021
What: 2021 Virtual Business Opportunities Seminar - Second Edition Read more »
Africa: President Adesina to Attend the Africa Singapore Business Forum 2021
What: Africa Singapore Business Forum 2021 Read more »
August 17, 2021
Tanzania: Tanzanian Farmers Reap the Benefits of Rapid Agricultural Mechanization
Farmers in Tanzania have benefited from rapid transformation, thanks to financial support from the African Development Fund to a national agricultural bank program. With the… Read more »
Africa: African Development Bank Debars Sargittarius Nigeria Limited and Its Affiliates for 18 Months for Fraudulent Practices
The African Development Bank Group, on 17 August 2021, announces the 18-month debarment of Sargittarius Nigeria Limited and its affiliates, including Sargittarius Henan Water… Read more »
August 14, 2021
Africa: African Development Bank Covid-19 Off-Grid Recovery Platform Reaches Financial Close for $20 Million Sefa Investment
The African Development Bank has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) for… Read more »
August 12, 2021
Africa: Natural Capital Program for Financing Africa's Development
What: Launch of the Natural Capital Program for Financing Africa's Development Read more »
Kenya: "Last Mile" Connectivity Project Lights Up Lives in Kenya
"... Access to electricity, first and foremost, is a right of every citizen, and it is therefore the duty of the government of Kenya to provide electricity to all." -George Tarus,… Read more »
Africa: International Youth Day - How Winners of the Bank's Agripitch Competition Are Helping to Transform Africa's Food System
As the world observes International Youth Day, Africa is producing a growing number of young entrepreneurs who are adopting new ideas to bring more affordable, quality food from… Read more »
Africa: African Development Bank Coding for Employment Program Marks Milestone - 130,000 Users Across Africa
On International Youth Day, the African Development Bank announces the enrolment of 130,000 users in its Coding for Employment digital skills program. Read more »
August 06, 2021
Southern Africa: African Development Fund Extends $2.5 Million in Grants to Support the Regulatory Environment in SADC and Comesa Electricity Markets
The Board of the African Development Bank Group has approved grants of $2.5 million to advance intra-regional harmonization of electricity regulations and drive cross-border power… Read more »
August 02, 2021
Africa: African Development Bank Highlights the Need for Strategic Partnerships and Innovative Financing Mechanisms to Promote Quality Education and Skills Development
The African Development Bank joined the Global Partnership for Education and other multilateral development banks during the Global Education Summit: Financing GPE 2021-2025, to… Read more »
July 31, 2021
Africa: African Development Bank Launches New Transaction Guarantee to Support SMEs and Trade in Africa
The African Development Bank, through its Financial Sector Development's Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100%… Read more »
Africa: African Development Bank Affirms Commitment to "Closing the Gap" in Financing for Women At United Nations Food Systems Pre-Summit
The African Development Bank has reiterated its commitment to "closing the financing gap" for women and warned of the impact of gender inequality on food systems in Africa. Read more »
July 29, 2021
Africa: African Development Bank Supports Development of Satellite Observations for African Early Warning Systems
The recently released Hydromet Gap Report highlighted weaknesses in Africa's weather and climate observation systems that contribute to a lack of climate data and inadequate early… Read more »
July 23, 2021
Africa: Hundreds Gather for Third Japan-Africa Business Forum, Prelude to Ticad 8
Around 1,600 people from all over Africa and Japan gathered over six days to explore closer business ties at the Third Japan-Africa Business Forum, which this year attracted the… Read more »
Tanzania: Tanzania - Fapa Launches Franchising Project to Bolster Small Enterprises
The Fund for African Private Sector Assistance launched its Africa Franchise Accelerator Project in Tanzania. The project will promote and model franchising as part of a national… Read more »
July 22, 2021
Seychelles: Seychelles - African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery
The Board of Directors of the African Development Bank Group has approved a $20 million flexible loan to finance Seychelles' Governance and Economic Reforms Support Program,… Read more »
Ethiopia: African Development Bank Group, Ethiopia, Sign $118 Million in Grant Agreements to Support Agro Industrial Park, Youth Employment and Ethiopia-Djibouti Power Interconnection
The African Development Bank Group and the Government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and electricity trade between… Read more »
Africa: African Development Bank Launches $2.75 Billion 0.875 Percent Global Benchmark Due 22 July 2026
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.75 billion 5-year Global Benchmark bond… Read more »
Africa: Fitch Affirms Triple a-Rating of the African Development Bank. Outlook Stable
Global credit rating agency Fitch Ratings has affirmed the African Development Bank's credit rating at 'AAA', with a stable outlook. Read more »
July 21, 2021
Africa: African Development Bank's Extractives Sector Project to Stimulate Domestic Resource Mobilization in Africa's Transitional Countries
The African Natural Resources Centre of the African Development Bank has launched a first of its kind Financial Modelling for the Extractives Sector (FIMES) project aimed at… Read more »