April 25, 2023
Africa: African Development Bank Group, Jica Sign $350 Million Loan Agreement to Support Africa's Private Sector
The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank's support for private… Read more »
April 24, 2023
Africa: Investing in Africa Is Profitable, African Development Bank President Tells Japanese Investors
The president of the African Development Bank Group, Dr. Akinwumi Adesina, has called for a significant increase in Japanese investment in Africa, saying the continent is the… Read more »
April 17, 2023
Africa: Business Event - Japan-Africa Investment Ecosystem Co-Creation Forum
WHO: African Development Bank, KEIZAI DOYUKAI, United Nations Development Program Read more »
April 15, 2023
Africa: African Development Bank, European Union, and France Invest $300 Million in Tanzania's Hydropower Project
Kakono Hydropower Project to serve four million inhabitants and spur economic activity in the Kagera Region of Tanzania Read more »
April 07, 2023
Egypt: Egyptian Leader Lauds African Development Bank for Supporting Continent Through Tough Times
The President of the Arab Republic of Egypt Abdel Fattah El-Sisi has commended the work of the African Development Bank Group in helping the continent to deal with the impact of… Read more »
March 29, 2023
Africa: Africa's 2030 Universal Electricity Access Goal - 'Clock Running Out,' Says Adesina in Berlin
African Development Bank Group President Dr Akinwumi Adesina has told a high-level international conference in Berlin that urgent action is needed to reduce the world's dependence… Read more »
March 09, 2023
Africa: The African Development Bank Issues Inaugural Green Bond in the Norwegian Krone Market
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has issued a 1 billion Norwegian krone (NOK) 5-year Green Bond due… Read more »
Africa: The African Development Bank Issues Inaugural Green Bond in Norwegian Krona Market
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has issued a 1 billion Norwegian krona (NOK) 5-year Green Bond due… Read more »
March 05, 2023
Africa: US Nominee for World Bank Group President, Ajay Banga, to Hold Discussions With Leadership of African Development Bank Group
What: Visit of Ajay Banga, United States nominee for World Bank president, to the African Development Bank Group Read more »
February 20, 2023
Africa: African Development Bank Group and Japan Sign Exchange of Notes for $350 Million Private Sector Assistance Loan to Finance Bank's Private Sector Operations
Japan's Ambassador to Côte d'Ivoire Katsuya Ikkatai and AfDB Senior Vice President, Bajabulile Swazi Tshabalala, following signing of exchange of notes for private sector… Read more »
Africa: Egypt - Seminar On Industrial and Trade Business Opportunities Organized By the African Development Bank and the Ministry of Industry and Trade in Cairo
What? Seminar on industrial and trade business opportunities in Africa (IT-BOS) Read more »
February 19, 2023
Africa: Sustain Minimum Growth Rate of 7-10 Percent of GDP to Achieve Inclusive Growth and Sustainable Development in Africa, Experts Say At AU Summit
Study will inform recommendations for a development blueprint to help transform Africa's economies and eradicate poverty Read more »
February 08, 2023
Africa: Ireland and Austria Join Africa Climate Change Fund As Donors With an Initial €3 Million Contribution
Ireland and Austria have joined the African Development Bank's Africa Climate Change Fund (ACCF) with contributions of €2 million and €1 million, respectively, to support… Read more »
January 25, 2023
Africa: African Development Bank Group Team Meet Swiss Envoys From West Africa to Discuss Africa's Development Agenda
Meeting between AfDB delegation and Swiss ambassadors in the West Africa region, Friday 23 January 2023, Abidjan, Cote d'Ivoire Read more »
January 17, 2023
Africa: Africa Fertilizer Financing Mechanism welcomes $10.15 million from the Norwegian Agency for Development Cooperation to boost fertilizer supply to 850,000 African smallholder farmers
The Africa Fertilizer Financing Mechanism (AFFM) has welcomed $10.15 million in new funding from the Norwegian Agency for Development Cooperation (NORAD). The financing will… Read more »
January 18, 2023
Africa: Working Group Meets to Discuss AU-AfDB Study On Driving Inclusive Growth in Africa
The African Union Commission (AUC) and the African Development Bank Group have a concluded a technical session on how to conduct an upcoming joint study on driving development in… Read more »
December 22, 2022
Africa: 2022 Review - Confidence in the African Development Bank Increases!
2022 was a year of renewed confidence in the African Development Bank Group. Contributing countries mobilized and contributed $8.9 billion to replenish the African Development Fund… Read more »
December 19, 2022
Africa: Côte d'Ivoire - African Development Bank, Africa Finance Corporation, German Investment Corporation and Emerging Africa Infrastructure Fund Reach Financial Close On €174.3 Million Singrobo Hydropower Plant
Financing for the Singrobo-Ahouaty 44-megawatt hydropower project in Côte d'Ivoire has reached financial close with the African Development Bank Group as mandated lead… Read more »
December 17, 2022
Africa: African Leaders and U.S. Government Affirm Commitment to Nutrition Investment for Africa On Margins of U.S.-African Leaders Summit
U.S. Government is committing $760 million to expand and scale agricultural programs that support farmers and communities around the world hit by rising food, fuel, and fertilizer… Read more »
December 09, 2022
Africa: African Development Bank and African Union Commission to Release the 2022 Africa Visa Openness Index
What: Launch of the 2022 Africa Visa Openness Index Read more »
November 23, 2022
Africa: COP27 - Sustainable Energy Fund for Africa Secures $64 Million in New Funding From Norway and Geapp
African Development Bank President Adesina (left) with GEAPP's Africa Executive Director, Joseph Nganga, following the grant announcement Read more »
November 17, 2022
Africa: COP27 - Spain, Swiss Confederation Announce Eur 10 Million Support to African Development Bank Group's Urban and Municipal Development Fund
In partnership with the African Development Bank Group, the Swiss Confederation through the Swiss State Secretariat for Economic Affairs (SECO) and Spain today at COP 27 announced… Read more »
November 16, 2022
Africa: COP27 - Germany Commits €40 Million to African Development Bank Group's Climate Action Window Initiative for Fragile African States
Germany has committed €40 million to the African Development Bank Group's Climate Action Window, German State Secretary for Economic Cooperation and Development Jochen… Read more »
November 11, 2022
Southern Africa: African Development Bank Country Managers Hold Discussions With Officials From Southern Africa Development Community Officials
Country managers of the African Development Bank Group and representatives of the Southern African Development Community (SADC) Secretariat last month held a series of discussions… Read more »
November 09, 2022
Africa: Opec Fund and African Development Bank Group Increase Cooperation to Promote Sustainable Development in Africa
The Organization of Petroleum Exporting Countries (OPEC) Fund for International Development and the African Development Bank Group have signed a memorandum of understanding to… Read more »