May 29, 2020
Africa: The "High 5s" - A Strategic Vision and Results That Are Transforming Africa
For the past ten years, Africa has recorded some of the world's strongest rates of economic growth. At the same time, many African economies continue to function at well below… Read more »
May 28, 2020
Cape Verde: African Development Bank Group Approves 30 Million Euros Loan to Fight COVID-19
The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island nation fight the COVID-19 outbreak and… Read more »
May 27, 2020
Egypt: African Development Bank Approves Emergency Relief Aid to Tackle Food Insecurity for Vulnerable Workers Whose Livelihoods Are Impacted By COVID-19
The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to… Read more »
Africa: COVID-19 Presents Unique Opportunities to Speed Up Africa's Integration Agenda and Implementation of AfCFTA
The Africa Regional Integration Index (ARII 2019), a new report jointly launched by the African Development Bank, UN Economic Commission for Africa (UNECA) and the Africa Union… Read more »
May 26, 2020
Africa: African Natural Resources Centre Unveils Publication to Advance Critical Land Policy Reforms
In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles… Read more »
May 25, 2020
Africa: Africa Day 2020 - The African Development Bank Is Making a Difference
This year's celebration of Africa Day - the annual commemoration of the 1963 founding of the African Union (AU) - is themed 'Silencing the Guns', to convey the AU Commission's… Read more »
Africa: Voices From the African Development Bank's Talking Heads On Africa Day, May 25, 2020
On Africa Day, we hear from the African Development Bank's senior management on the institution's priorities and how we are making a difference in the lives of millions of… Read more »
May 22, 2020
Madagascar: Government of Madagascar Gets Euro 4 Million From African Development Fund for Sahofika Hydropower Project
The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar's 30 million euro equity investment in the… Read more »
Africa: Retool Annual Budgets Toward Agriculture Production and Expand Food Reserves, As COVID-19 Exacerbates Food Scarcity, Urges African Development Institute Seminar
African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the… Read more »
Mauritius: African Development Bank Lends €188 Million for COVID-19 Fight
The African Development Bank has approved a €188 mllion euro loan to the Republic of Mauritius to finance a national budget support programme to respond to the COVID-19… Read more »
Kenya: €188m African Development Bank Loan to Boost COVID-19 Response
The Board of Directors of the African Development Bank today approved an €188 million loan to support the Government of Kenya's efforts to respond to the COVID-19 pandemic and… Read more »
Africa: Moving Decisions From 'Authorities to the Streets' - Webinar Explores How Civil Society Can Ensure Accountability Amid COVID-19
Billions of dollars have been allocated to fight the COVID-19 pandemic, but how can we ensure that the funds are used in the most effective way, with the necessary accountability? Read more »
May 18, 2020
Africa: On Turkey-Africa Partnership Panel, Participants Discuss Trade and Stimulus to Cushion the Economic Fallout of COVID-19
African Development Bank Vice President for Regional Development, Integration and Business Delivery Khaled Sherif said trade and stimulus were needed to cushion the economic… Read more »
Africa: "City of Darkness" No Longer, African Development Bank Supported Electricity Project Lights Up Capital
Araya Hizkias, the owner of a water bottling company in South Sudan's capital Juba, used to rely on a diesel generator to keep his business going, which gobbled into his profits… Read more »
May 15, 2020
West Africa: As COVID-19 Takes Jobs Overnight, African Development Bank Partners With Ecowas Commission to Share Employment Plan
The African Development Bank, in partnership with the Economic Community of West African States (ECOWAS), held a virtual stakeholder forum to outline the regional bloc's human… Read more »
Zimbabwe: African Development Bank Approves $13.7 Million to Strengthen Health System, Boost Anti-COVID-19 Efforts
The Board of Directors of the African Development Bank has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. The funds will provide an immediate lifeline… Read more »
May 14, 2020
Africa: African Development Bank Joins Sanitation and Water for All's Global Call to Action for Safe and Accessible Water Amid COVID-19 Pandemic
40% of the global population doesn't have basic handwashing facilities with soap and water available at home. Read more »
Africa: Integrity in Development Projects - The African Development Bank Debars Entreprise De Travaux Et d'Etudes De Projets (Etep) SA
The African Development Bank blacklists Entreprise de Travaux et d'Etudes de Projets (ETEP) SA for 13 months for engaging in various fraudulent practices in Mali and Guinea Read more »
May 13, 2020
Zimbabwe: Chitungwiza Residents Look Forward to Healthier Lives As $1 Million Zimfund Project Tackles Sewage Woes
For Lovelin Chapfika, the excitement of purchasing a house in a residential area outside the Zimbabwean capital quickly turned to disappointment when she discovered her new… Read more »
Africa: The African Legal Support Facility Holds 11th Governing Council Meeting
The African Legal Support Facility (ALSF) held its 11th Governing Council meeting virtually due to the ongoing novel coronavirus pandemic, discussing future action plans that… Read more »
May 11, 2020
Africa: Somalia's Internal Revenue Mobilization Galvanised By Ua 5.5 Million Grant From African Development Bank
The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank. The strategy aims to ramp up… Read more »
May 09, 2020
Africa: Making Finance Work for Africa Hosts Webinar Series On Impact of COVID-1
The Making Finance Work for Africa (MFW4A) partnership, a unique platform for African financial sector development research, advocacy, knowledge management and networking, has… Read more »
May 08, 2020
Africa: On UN Global Compact Forum, Panelists Urge Robust Multi-Stakeholder Response to the Coronavirus Pandemic
The African Development Bank is ready to be a partner in coordinated international responses to the COVID-19 pandemic, and can offer expertise on the ground in Africa, an emerging… Read more »
Ethiopia: African Development Bank Welcomes $10 Million Clean Technology Fund Investment to Diversify Ethiopia's Energy Mix
The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (CIF), to… Read more »
May 06, 2020
Africa: African Development Bank-Managed Water and Sanitation Project Helping to Curb COVID-19 Wins Prince Talal International Prize for Human Development
caption: Members of the Prince Talal International Prize for Human Development Prize Committee announcing winners in a virtual ceremony. Read more »
