October 01
Benin: African Development Fund Crucial in Development and Modernisation of Benin Sheep Industry
In the early 2000s, Benin reformed its sheep industry, largely because meat and milk production was insufficient to meet local demand. The objective was to reduce imports, then… Read more »
September 30
Kenya: African Development Bank Takes $10 Million Equity Stake in Kenya's Dhamana Following Anchor Investment From Private Infrastructure Development Group
The African Development Bank has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable… Read more »
Seychelles: Seychelles - African Development Bank Approves a USD 25 Million Loan to Improve Access to Renewable Energy and Create Jobs
The Board of Directors of the African Development Bank Group has approved a $25 million loan to Seychelles to implement the first phase of the Economic Resilience and Green… Read more »
West Africa: African Development Bank and USAID Sign $600 Million Landmark Regional Development Agreement for the Sahel
The African Development Bank Group and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to… Read more »
September 28
Lesotho: Lesotho's King Letsie III, African Development Bank Group and Global Philanthropies Forge Strategic Partnership to End School-Age Hunger
The African Development Bank Group and The Children's Investment Fund Foundation (CIFF) today signed a Letter of Intent formalizing a commitment to establish the End School-Age… Read more »
Equatorial Guinea: Equatorial Guinea - African Development Bank Group, UNDP Partner to Promote Economic Diversification and Job Creation for Women and Youth
The African Development Bank Group has approved a $3 million technical assistance project to boost local content for micro, small, and medium enterprises (MSMEs) in Equatorial… Read more »
Africa: UNGA 79 - UN Women Honors African Development Bank Group President Adesina As "HeForShe Champion"
I am resolute in my conviction that when Africa's women win, Africa wins – Akinwumi Adesina Spanish PM Pedro Sanchez and CEOs of Global Citizen and Movember also honoured Read more »
September 27
Benin: From Darkness to Light - Local Bakeries and Homes Flourish Under Benin's New Urban Electricity Project
The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou's bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along… Read more »
Africa: 9th Africa Energy Market Place - Delivering Tanzania's Clean Cooking Initiative and National Energy Access Goals
What: The 9th Africa Energy Market Place (AEMP) Read more »
Mozambique: 60 Years of Making a Difference - Mozambique Showcases African Development Bank's Impactful Partnership
The African Development Bank Mozambique Country Office held a special ceremony on Monday to celebrate the institution's 60th anniversary in Maputo, showcasing decades of… Read more »
Africa: UNGA79 - Africa Adaptation Acceleration Program Receives NDC Investment Award
The Africa Adaptation Acceleration Program (AAAP) has been honored as the "Best Investable NDC Adaptation Investment Initiative of the Year" at the 2024 African NDC Investment… Read more »
Africa: African Development Bank Group's Sustainable Energy Fund for Africa Approves €6 Million for Desert to Power - Burkina Faso Solar Project
The African Development Bank Group has approved a €6 million concessional financing package from the Sustainable Energy Fund for Africa (SEFA), a special multi-donor fund… Read more »
Angola: African Development Bank Pledges More Support for Angola's Rapidly Reforming Economy
In recent talks between Angola's President João Manuel Lourenço and African Development Bank Group head Dr Akinwumi Adesina, the two leaders discussed a wide range of… Read more »
South Sudan: The African Development Bank Group Grants $19 Million to Respond to the Sudanese Refugee Crisis in South Sudan
The Board of Directors of the African Development Bank Group has approved an African Development Fund (ADF) grant of $19.8 million for the Sudan Refugee Crisis Response Project in… Read more »
September 26
South Sudan: South Sudan - African Development Bank Grants Over $5 Million to Support Micro-Enterprises Run By Young People and Women
The Board of Directors of the African Development Bank Group has approved a grant of $5.28 million to South Sudan to help create much-needed jobs for young people and women. The… Read more »
Central African Republic: The African Development Fund Allocates Nearly $135 Million for Water Project in Central African Republic and Democratic Republic of Congo
The Board of Directors of the African Development Fund has approved $134.71 million to support infrastructure development and improve water resources on the border between the… Read more »
September 25
Africa: The African Development Bank and Its Partners to Host Africa ESG 2024 Forum in Abidjan
What: The Africa ESG Forum 2024 Read more »
September 24
Libya: New Tunisia - Libya Motorway Boosts Regional Commerce and Tourism
It used to take five hours for Fatima Meftah Abudhair and her son, Abdelmuen Salah, to travel from Tripoli, the capital of Libya to the Tunisian island of Djerba, more than 300… Read more »
September 23
Africa: UNGA79 - African Development Bank Calls On DFI's to Put Peace Into Action to Promote Peace and Stability in Africa
Peace is achievable with the right blend of dialogue and peace positive investments Read more »
Africa: Roundtable Event - 'Leveraging the African Development Bank Group and Philanthropies' Strengths and Capital to Seize Africa's Opportunities for a Prosperous, Inclusive, and Resilient Continent
The African Development Bank Group, the Aliko Dangote Foundation, the Children's Investment Fund Foundation (CIFF), and the Rockefeller Foundation are hosting a roundtable… Read more »
Tanzania: Tanzania - African Development Bank Grants $129 Million Loan to Agricultural Project Generating Decent Jobs for Young People
The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation of a youth-focused agribusiness… Read more »
Madagascar: Africa50, African Development Bank, Opec Fund, and the Government of Madagascar Join Forces to Increase Access to Clean Cooking
Africa50, the African Development Bank and the OPEC Fund for International Development on Thursday signed a Letter of Intent with the Government of Madagascar (LoI) to scale up the… Read more »
Africa: UN Secretary-General and Heads of Multilateral Development Banks to Enhance Collaboration to Address the Challenges of Achieving the SDGs
United Nations Secretary-General António Guterres and top UN officials met with the Heads of Multilateral Development Bank (MDB) Group on Sunday in a joint effort to better… Read more »
Madagascar: The African Development Bank Group Grants Over $67 Million to Madagascar to Relaunch Its Economy and Improve Governance in Its Energy Sector
The Board of Directors of the African Development Bank Group approved a loan of $67.3 million to Madagascar on 20 September 2024 to implement the first phase of its economic… Read more »
East Africa: Regional Consultation On Multisectoral Nutrition Policy Framework for the Eastern Africa Region
What: Regional Consultation on Multisectoral Nutrition Policy Framework for the Eastern Africa Region Read more »
