March 25, 2022
West Africa: African Development Bank Group Signs Memorandum of Understanding With Ecowas for $3.56 Million Grant to Develop West Africa Pharmaceutical Industry
The African Development Bank and the Commission of the Economic Community of West African States (ECOWAS) have signed a memorandum of understanding for $3.56 million in grant… Read more »
March 30, 2022
Africa: The Africa Fertilizer Financing Mechanism Governing Council Calls for More Private Sector Financing in the Fertilizer Sector
Institutional members of the Africa Fertilizer Financing Mechanism's Governing Council endorsed plans to attract more private sector financing to the continent's fertilizer sector. Read more »
March 28, 2022
South Africa: South Africa's Energy Transition Needs Full Financial Support, Says African Development Bank Group President
Dr. Akinwumi A. Adesina, President of the African Development Bank (left) and Gwede Mantashe, South Africa's Minister of Minerals and Energy, held a bilateral meeting on 25 March… Read more »
February 23, 2022
Africa: Six African Countries to Receive Initial Transfer of Mrna Vaccine Technology
Six African countries - Egypt, Senegal, Kenya, South Africa, Tunisia and Nigeria - have emerged as the first African recipients of mRNA technology under the global mRNA technology… Read more »
Zambia: The African Development Bank's 2017-2021 Country Strategy Paper Extended to 2023
The Board of Directors of the African Development Bank has approved a two-year update and extension of Zambia's 2017-2021 Country Strategy Paper through to 2023, according to a… Read more »
February 11, 2022
Africa: African Union Welcomes $11.48 Million Grant From the African Development Fund to Strengthen Delivery of Agenda 2063
The African Union Commission (AUC) will soon benefit from an $11.48 million grant from the African Development Fund to strengthen its governance and provide it with institutional… Read more »
November 25, 2021
Africa: Mozambique - African Development Bank Group approves $36 million grant for power scheme that includes refugees and internally displaced persons
UN workers deliver relief items to internally displaced people in Corrane Site in Nampula Province. Read more »
November 17, 2021
Africa: Let's Push the African Continental Free Trade Area As a Sure-Fire Way to a Golden "Made in Africa" Label, Leaders Say At Intra-African Trade Fair
That history repeats itself need not be a bad thing in Africa, South African President Cyril Ramaphosa stressed during the opening ceremony of the second Intra-African Trade Fair… Read more »
July 31, 2021
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 »
May 01, 2021
Africa: FAO and Badea Agree MOU to Advance African Agriculture At Africa High-Level Dialogue On Food Security
The United Nations Food and Agricultural Organization (FAO) and the Arab Bank for Economic Development in Africa (BADEA) signed a memorandum of understanding for future… Read more »
April 26, 2021
Africa: New Reports From African Development Bank, FAO and Cgiar Showcase Digital Agriculture Opportunities
Drones, satellites, geographic information systems, weather stations and advanced analytics are some of the most promising technologies for providing solutions to Africa's… Read more »
February 17, 2021
Africa: End of the Second Public Consultation Period for the Third Review of the Independent Review Mechanism (Irm) of the African Development Bank Group
The Independent Review Mechanism (IRM) of the African Development Bank Group would like to thank all who have contributed to the Second Public Consultation of its Third Review. Read more »
February 19, 2021
Africa: Investing in Local Production Capacity to Keep Africa's Fashion Industry Alive
Emanuela Gregorio, coordinator of the African Development Bank's Fashionomics Africa initiative, recently sat down with Alan Kasujja, the presenter of BBC's Africa Daily podcast,… Read more »
July 27, 2020
Africa: African Development Bank Approves $27 Million to Boost African Union's Covid-19 Response Initiative
The African Development Bank on Friday 24 July approved $27.4 million in grants to boost the African Union's (AU) efforts to mobilize continental response to curb the COVID-19… Read more »
July 03, 2020
East Africa: Launch of the 2020 Regional Economic Outlook Report for East Africa
Virtual via Zoom Read more »
July 02, 2020
Africa: African Development Bank Joins WTO and Other Mdbs to Support Trade Finance Amid COVID-19 Crisis
The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the… Read more »
April 01, 2020
Africa: African Development Bank Approves $2 Million Emergency Assistance for Who-Led Measures to Curb Covid-19 in Africa
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to… Read more »
February 13, 2020
Africa: African Development Bank Rebuts World Bank President's Comments On Africa's Debt Profile
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a… Read more »
Africa: African Development Bank Rebuts World Bank President's comments on Africa's debt profile
Abidjan, Cote d’Ivoire, 13 February 2020 - In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks,… Read more »
February 07, 2020
Africa: African Development Bank's African Economic Outlook 2020 Lauded At 33rd AU Summit
"The report reminds us of the size of the investment that must be made in the development of human capital in Africa." - Victor Harison, the African Union Commissioner for Economic… Read more »
Africa: African Development Bank President Akinwumi Adesina to Lead Delegation to 33rd African Union Summit
Key engagements include a presidential dinner to address malnutrition, a high-level meeting with Canadian Prime Minister Trudeau, and the presentation of the 2020 African Economic… Read more »
February 09, 2020
Africa: AU Summit - African Leaders Call for Action to End Malnutrition By 2025
African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message… Read more »
Africa: AU Summit - First Continental Report On Implementation of Agenda 2063 Unveiled
The African Development Bank, the United Nations, and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African… Read more »
January 27, 2020
Africa: African Development Bank Hosts Talks With ICRC On Making an Impact Through Collaboration
The African Development Bank held talks with International Committee of the Red Cross (ICRC) Vice-President Gilles Carbonnier at the Bank's headquarters in Abidjan on furthering… Read more »
January 23, 2020
Africa: African Development Bank President Akinwumi Adesina Opens Trading On London Stock Exchange
"My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement." - African Development Bank President Akinwumi Adesina Read more »
