Malawi: African Development Bank U.S.$ 35 Million Loan to Boost Agriculture and Natural Resource Management

The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program - Phase 1 (SVTP-1), aimed at reducing poverty through the development of… Read more »

Africa: Combating Deforestation - Optimizing the Implementation of the Redd+ Mechanism in Africa

A special session of the REDD+ mechanism was held in the Pavilion of the African Development Bank on the fourth day of COP24, 6 December 2018. Read more »

Africa: African Development Bank Team to Showcase Bank's Operations At Intra-African Trade Fair in Cairo, Egypt

A delegation from the African development Bank will participate in the Intra-African Trade Fair (IATF), which will hold in Cairo, 11-18 December 2018, as co-sponsor of the event. Read more »

Africa: A New Climate Action - Digital Decarbonization of the African Continent

The African continent is one of the regions most impacted by the effects of climate change, and least capable to deal with them. The Global South in general, and Africa in… Read more »

Africa: Cop24 - Progress On Article 6 of the Paris Agreement

The Paris Climate Agreement in 2015 was by far the most ambitious effort yet made to strengthen the global response to the increasingly urgent challenges of climate change, with… Read more »

Africa: African Development Bank Approves $100 Million Facility to Enhance Trade Financing Across Africa

The Board of Directors of the African Development Bank Group (the Bank), on Thursday, 29 November, 2018, approved a second unfunded $100-million Risk Participation Agreement (RPA… Read more »

Africa: African Development Bank Approves U.S. $50 Million Equity Investment in Africa Finance Corporation to Support Infrastructure Projects in Africa

The African Development Bank has approved an equity investment of US$50 million in Africa Finance Corporation (AFC) - a pan-African development finance institution established in… Read more »

Africa: 2011 Nobel Peace Prize Co-Laureate Leymah Roberta Gbowee to Speak On Grassroots Women's Activism At Kofi A. Annan Eminent Speakers' Lecture Series

The African Development Institute of the African Development Bank, as part of its Kofi A. Annan Eminent Speakers Lecture Series, will host Leymah Roberta Gbowee, a renowned peace… Read more »

Africa: Multilateral Development Banks (Mdbs) Announced a Joint Framework for Aligning Their Activities With the Goals of the Paris Agreement

Multilateral Development Banks (MDBs) today announced a joint framework for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat… Read more »

Africa: African Economic Conference 2018 Focusses On Africa Visa Openness and Integration

For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations… Read more »

Africa: "Infrastructure Development Key to Accelerated Regional Integration," Says Negatu

Gabriel Negatu is the Director General for East Africa Regional Development and Business Delivery Office at the African Development Bank. Representing the Bank Group President at… Read more »

Southern Africa: Trade Finance - U.S.$20 Million Facility for Meridian's Soft Commodity Value-Chain Operations in Southern Africa

The African Development Bank (through its Trade Finance operations) has signed a US$20 million facility to finance Meridian's operations in Malawi, Mozambique and Zimbabwe. Read more »

Africa: African Development Bank Joins 'Moving for Climate Now' Initiative At Cop24

UN Framework Convention on Climate Change Deputy Executive Secretary, Ovais Sarmad, welcomes the cyclists from Moving for Climate NOW initiative. C.Arthur Wyns Read more »

Nigeria: The African Development Bank and Africa Growing Together Fund to Provide U.S.$ 200 Million in Joint Financing to Support the Nigeria Electrification Project

The Board of Directors of the African Development Bank Group has approved a US$150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria… Read more »

Africa: Importance of Regional and Continental Integration for Africa's Development

Africa's integration is no longer a matter of choice. Against an international backdrop of changing political and economic priorities, Africa must plot a new course for its… Read more »

Africa: Africa Economic Conference 2018 Focusses On Africa Visa Openness and Integration

For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations… Read more »

Africa: Cop24 - The African Development Bank Out in Force to Defend the Continent's Interests and Vision in the Fight Against Climate Change

The 24th annual conference of the United Nations Convention on Climate Change, known as COP24, opens on Monday, 3 December 2018, in Katowice, Poland. Read more »

South Africa: African Development Bank Approves a Zar 3 Billion Loan to Bolster Renewable Energy in South Africa

The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to… Read more »

Africa: African Development Bank Issues First Ever Sofr-Linked Transaction in Green Bond Market

On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$… Read more »

Africa: Interview With Seyni Nafo, African Ambassador to Cop24

"To combat climate change, African countries need to develop their own resource-mobilization strategies" Read more »

Kenya: African Development Bank Group Approves U.S.$18.17 Million for the Kopere Solar Project in Kenya

The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by Voltalia, an international player in the… Read more »

Africa: PIDA Week 2018 - Experts weigh Africa's infrastructure needs against rapid urbanization and growing population

Despite challenges, "PIDA is already moving the development needle," African Development Bank expert says. Read more »

Africa: 2018 African Economic Conference in Kigali - Together for a Common Purpose to Achieve an Outcome

If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic… Read more »

Cameroon: African Development Bank Approves €17.96 Million Ring-Road Project to Improve Socio-Economic Growth in the North-West Province

The African Development Bank has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of… Read more »

Africa: African Countries Are Becoming More Open to Each Other, 2018 Africa Visa Openness Report Shows

The year 2018 is a landmark chapter in Africa's regional integration efforts. The launch of the African Continental Free Trade Area and the Single African Air Transport Market are… Read more »