Africa: Multilateral Development Banks Hit Record $137 Billion in Climate Finance, Driving Sustainable Development Worldwide

Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance last year--a 10% increase that underscores the growing scale of international… Read more »

Africa: African Development Bank to Host Event to Scale Up Investments in African Food Security On the Sidelines of Africa Food Systems Forum

What: High Level Side event "From Pledges to Plates: Financing Africa's Agriculture and Food Systems" at the Africa Food Systems Forum Read more »

Africa: Swearing-in Speech of Dr. Sidi Ould Tah, 9th President of the African Development Bank Group

[The first part of the speech was delivered in French] Read more »

Africa: Sidi Ould Tah Assumes Office As 9th President of the African Development Bank Group

History was made today when Dr. Sidi Ould Tah was sworn-in as the ninth President of the African Development Bank Group (AfDB). Read more »

Africa: A Decade of Leadership - Dr. Akinwumi Adesina Bids Farewell to the African Development Bank Group

In a farewell ceremony marked by glowing tributes recognizing significant milestones witnessed during his presidency, Dr. Akinwumi Adesina concluded his decade of leadership at the… Read more »

Djibouti: Djibouti's President Guelleh Lauds Adesina's Decade of Transformative Partnership and Progress

Dr. Akinwumi A. Adesina concluded his 10-year tenure as 8th President of the African Development Bank Group with a visit to the Republic of Djibouti where he met with the country's… Read more »

Africa: Swearing-in Ceremony of Dr. Sidi Ould Tah As 9th President of the African Development Bank Group

What: Swearing-in ceremony of Dr. Sidi Ould Tah as 9th President of the African Development Bank Group Read more »

Africa: Swearing-in Ceremony of the New President of the African Development Bank Group

What: Swearing-in ceremony of Dr. Sidi Ould Tah as 9th President of the African Development Bank Group Read more »

Africa: Celebrating a Decade of Leadership in African Development - African Development Bank Farewell Ceremony for President. Akinwumi a. Adesina

WHAT: Farewell ceremony for African Development Bank President Akinwumi A. Adesina Read more »

Africa: Ticad9 - Japan and African Development Bank Sign Agreement to Extend Enhanced Private Sector Assistance for $5.5 Billion Sixth Phase

The government of Japan and the African Development Bank on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance… Read more »

Africa: Ndidi Okonkwo Nwuneli Appointed African Development Fund Champion

The African Development Fund has appointed Ndidi Okonkwo Nwuneli, President and CEO of the ONE Campaign, as a Champion for its 17th replenishment cycle, ADF-17. This cycle comes at… Read more »

Mozambique: Mozambique President Extols Adesina's Transformative Decade At African Development Bank

Mozambique's President Daniel Chapo has lauded Dr. Akinwumi Adesina for a decade of "transforming ambition into outcomes" as President of the African Development Bank Group,… Read more »

Africa: African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure - Project Development Fund

The African Development Bank Group has announced $40 million in blended capital to the Alliance for Green Infrastructure in Africa - Project Development Fund, anchoring the Fund's… Read more »

Ethiopia: The $10 Billion Mega-Airport Financing Partnership Between Ethiopian Airlines and African Development Bank Takes Off

Ethiopia's ambition to build a new international airport that will rival some of the world's biggest, took off on Monday with a monumental signing ceremony marking the African… Read more »

Togo: The African Development Bank Approves a Grant of Over $5 Million to Strengthen Public-Private Partnerships in the Gambia, Guinea-Bissau, Madagascar and Togo

The Board of Directors of the African Development Bank Group has approved a grant of $5.3 million to implement the Project to Strengthen the Public-Private Partnership Environment… Read more »

Ghana: African Development Bank President Mourns Ghana Helicopter Crash Victims

The President of the African Development Bank Group, Dr. Akinwumi Adesina has extended heartfelt condolences to the Government and people of Ghana following Wednesday's tragic… Read more »

Africa: 'Our Role As a Bank Is to Champion African Entrepreneurs' - Adesina

The President of the African Development Bank Group, Dr. Akinwumi Adesina, has reaffirmed the Bank's strong commitment to supporting African entrepreneurs and industrial… Read more »

Africa: Adesina Reaffirms Commitment to Africa's Development As His Presidency of the African Development Bank Nears End

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa's development will continue way beyond his presidency of the African Development Bank, which ends on 1st… Read more »

Africa: World Bank Group Joins African Development Bank Group and Mastercard As Co-Chair of Mobilizing Access to the Digital Economy (Made) Alliance - Africa

The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, joining current co-chairs the African Development Bank Group… Read more »

Somalia: Somalia Affirms Commitment to Improving Country Portfolio Performance for African Development Bank Projects

Somalia's government has encouraged capacity building in procurement, financial management, disbursement and anti-corruption for the staff of agencies implementing African… Read more »

Burkina Faso: Desert-to-Power - SEFA) Commits €6 Million to Dédougou Solar Project in Burkina Faso

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed a €6 million concessional finance package for the development of the 18… Read more »

Benin: Benin - African Development Bank Approves Over $30 Million to Protect Farmers From Climate Shocks and Food Insecurity

The Board of Directors of the African Development Bank Group has approved $30.25 million in financing for a pioneering initiative to bolster climate resilience and safeguard… Read more »

Sierra Leone: Sierra Leone and African Development Bank Target $90 Billion in Annual Illicit Financial Flows

A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated $90 billion that Africa loses annually to illicit financial flows, as the… Read more »

Liberia: Liberia Salutes African Development Bank President Adesina in Landmark Government Session

Liberian President Joseph Nyuma Boakai convened the full spectrum of his government leadership to hear from African Development Bank President Dr. Akinwumi Adesina, whom he lauded… Read more »

Africa: AfDB and Sefa Provide $40 Million Investment in Equity Platform Zafiri to Accelerate Renewable Energy Access Across Africa

The Board of Directors of the African Development Bank has approved a $40 million equity investment in Project Zafiri, a transformative equity platform and flagship initiative… Read more »