June 07
Benin: Benin - Solid Support From the African Development Fund Dissuades Emigration in the Countryside
"Thanks to the African Development Fund project, we have decided not to try our luck in Europe or anywhere else." Read more »
Senegal: Senegal - African Development Bank and Islamic Development Bank Fund Livestock Project to Improve Animal Product Quality
The project three project components -- animal productivity, products and product processing, animal product marketing and skill enhancement, and project coordination and… Read more »
Africa: Digital Future for Africa - African Development Bank and Intel to Train Millions in Ai
The African Development Bank and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. The partnership aims to equip 3 million… Read more »
June 06
Africa: African Development Bank Annual Meetings 2024 - Experts Call for a New Financial Mechanism to Mitigate Foreign Exchange Risk in Energy Financing
At a session organised on Thursday 30 May 2024 by the African Development Bank (AfDB) Group as part of its 2024 Annual Meetings in Nairobi, debates focused on rethinking how clean… Read more »
Africa: Dr Adesina Tells the Invest Africa Debate - 'We're Taking Africa to the World'
The 10th Invest Africa Debate has opened in the City of London's prestigious Guildhall with a fireside chat between the president of the African Development Bank Group Dr Akinwumi… Read more »
June 05
Africa: Making a Future Together - Inspiration From the Miracle On the Han River
African governments and institutions gathered in Seoul from June 4-5, 2024, for the inaugural Korea-Africa Summit to learn from Korea's remarkable economic transformation and forge… Read more »
June 04
Africa: Korea Pledges Billions of Dollars At Inaugural Leaders' Summit With Africa
The Republic of Korea will commit $14 billion in export financing to support Korean companies investing in Africa while increasing its official development assistance (ODA) to $10… Read more »
Africa: African Development Bank Group's Updated Integrated Safeguards System (Iss) Becomes Effective
The African Development Bank Group's updated Integrated Safeguards System (ISS), approved by the Board of Directors on 12 April 2023, has come into force since 31 May 2024. Read more »
Africa: African Development Bank, African Union, United States Government, International Fund for Agricultural Development, Cgiar Advance Ties to Boost Africa's Food Production
Top development organisations have pledged to forge partnerships to expand the Vision for Adapted Crops and Soils (VACS), an initiative aimed at building resilient African food… Read more »
Ghana: Ghana's New Ship Repair Dock Project Funding Sealed As Financiers Sign $94 Mn Syndicated Loan
A consortium, including the African Development Bank, has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD) for the construction and… Read more »
Africa: The African Development Bank Participates in Congo Basin Forest Partnership's 20th Meeting of Parties.
What? 20th Meeting of Parties of the Congo Basin Forest Partnership: workshop on accelerating the development of innovative financing mechanisms Read more »
Africa: 2024 Annual Meetings - The Africa Circular Economy Facility Seeks to Boost African Economies Through Green Growth Innovation
"With over 62% of African countries relying on natural resources for their GDP, the circular economy is crucial for the continent's growth. Strategic investments and innovative… Read more »
June 03
Rwanda: African Development Bank and Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives
The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green and social… Read more »
Africa: Career and Business Opportunities Forum for Kuwaiti Consultants, Contractors, and Suppliers
WHAT: Career and Business Opportunities Forum for Kuwaiti Consultants, Contractors, and Suppliers Read more »
June 02
Africa: African Development Bank Group Board of Governors Approves $117 Billion General Callable Capital Increase
The Board of Governors of the African Development Bank Group has approved a $117 billion (88.1 billion Units of Account) General Callable Capital Increase for the African… Read more »
June 01
Africa: The African Development Bank and Civil Society Unite in Favour of Africa's Transformation and Overhaul of the Global Financial Architecture
Achieving inclusive growth depends on the involvement of all stakeholders in the design and implementation of development work. Such was the main conclusion of the debate under the… Read more »
Africa: African Development Bank Joins the African Carbon Markets Initiative to Enhance Climate Finance
The African Development Bank has announced its official membership in the African Carbon Markets Initiative (ACMI) as of 30 May. This strategic move is set to empower African… Read more »
Africa: Annual Meetings of African Development Bank Group, 2024 - The Bank's Independent Sanction Mechanisms Are Effective but Major Challenges Still Remain (The Opinion of Judges)
The independent sanction mechanisms put in place by the African Development Bank (AfDB) to improve its governance, control and accountability are effective but still face major… Read more »
May 31
Africa: Annual Development Effectiveness Review 2024 - African Development Bank Group's Vice Presidents Share Positive Development Impact in 2023
Senior officials from the African Development Bank Group detailed the positive impacts of Bank-supported projects affecting virtually all facets of life across the continent during… Read more »
Africa: African Development Bank Group Annual Meetings 2024 - The Need for Responsible, Innovative Solutions for African Debt Management
It is essential to find innovative solutions for managing the debt of African countries, taking proactive measures to secure development financing for Africa, according to members… Read more »
Africa: 2024 Annual Meetings - Akinwumi Adesina Lays Out 10 Powerful Ideas to Strengthen Regional Integration and Development in Africa
On Thursday in Nairobi, Akinwumi Adesina, President of the African Development Bank Group, proposed 10 innovative ideas to strengthen regional integration and development in… Read more »
Africa: Annual Meetings 2024 - Centenary Rural and Development Bank Named Affirmative Finance Action for Women in Africa Initiative's 'Afawa Bank of the Year' At African Banker Awards
A Kampala-based commercial bank with a "mission critical focus" to provide financial services to vulnerable women entrepreneurs has been named the "AFAWA Bank of the Year" at the… Read more »
Africa: Annual Meetings 2024 - Netherlands Bolsters Africa's Climate Resilience With $27 Million Disaster Financing Pledge to African Development Bank
Representatives from the Kingdom of the Netherlands and the African Development Bank Group this week discussed further details of the Dutch government's recent $27 million… Read more »
Djibouti: Annual Meetings 2024 - Comoros, Djibouti, Somalia and South Sudan Join $35 Million African Development Bank Climate Disaster Risk Financing Project
The African Development Bank Group Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros, Djibouti, Somalia and… Read more »
Africa: Africa Investment Forum Bankability Series Showcases Innovative Approaches to Attract Global Capital to Africa
The Africa Investment Forum has launched a series of investment roundtables to overcome Africa's project bankability challenges and, ultimately, bridge its infrastructure… Read more »
