January 23, 2019
Africa: Integrity in Development Projects - African Development Bank Debars ALG Global Concept and Its Managing Director for 36 Months, for Fraudulent Practices
The Office of Integrity and Anti-Corruption of the African Development Bank found the company and its Managing Director to have engaged in several fraudulent practices Read more »
January 22, 2019
Africa: African Development Bank Group Approves $25 Million Equity Investment in Fund for Renewable Energy Projects in Africa
The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million… Read more »
January 21, 2019
Africa: Fertilizer Project Raises Yields By Over 50 Percent, Showcases Successful PPP's
In Nigeria, the world's largest single-train urea plant has created over 50,000 jobs across the agriculture value-chain, while its affordable fertilizer is boosting farm yields and… Read more »
January 20, 2019
Libya: Tamayoz Organises Leadership Training for Future Public and Private Sector Leaders in Libya
One hundred and sixty corporate, commercial and industry achievers from Libya are receiving specialized leadership and management training in the public and private sector and… Read more »
January 18, 2019
Eswatini: African Development Bank's Executive Directors to Visit the Kingdom of Eswatini
A team of ten Executive Directors (EDs) from the African Development Bank will be on a three-day stakeholder consultation mission in the Kingdom of Eswatini (formerly Swaziland)… Read more »
Africa: African Development Bank and ICRC Join Forces to Accelerate Economic Resilience in Fragile Contexts
The African Development Bank Group and the International Committee of the Red Cross (ICRC) signed a letter of intent on Wednesday 16th January 2019 at the Bank's headquarters in… Read more »
Mozambique: Transformation of Small-Scale Farm Industry Results in Promising Rice Crop Production
Locally grown rice and vegetables are flourishing in Mozambique's Massangena district, a testament to the success of an agriculture and rural development project that has brought… Read more »
January 17, 2019
Africa: The African Development Bank to Unveil 2019 African Economic Outlook
The African Development Bank will launch the 2019 edition of its flagship African Economic Outlook (AEO) report on Thursday, January 17, 2019, at its headquarters in Abidjan. Read more »
Africa: Africa's Historic Pivot
It might not be obvious to the casual observer, but Africa is undergoing something of a revolution when it comes to economic policymaking. Risking recrimination and worse from… Read more »
Africa: African Economic Outlook 2019 - Africa Growth Prospects Remain Steady, Industry Should Lead Growth
'The state of the continent is good. Africa's general economic performance continues to improve, but it remains insufficient to address the structural challenges," A. Adesina Read more »
Rwanda: African Development Bank and Rwanda Sign Financing Agreements Worth €115 Million for Water Projects
The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and… Read more »
January 15, 2019
Senegal: Handover of Dakar Regional Express Train
African Development Bank contributes EUR182.9 million to landmark project Read more »
Africa: The African Legal Support Facility to Receive € 5 Million Grant From the European Union
The European Commission has approved a grant of 5 million euros to the African Legal Support Facility, to finance the Facility's Medium Term Strategy for the next five years. Read more »
January 11, 2019
Africa: Seychelles Launches New HR Policy and Strategy 2018-2022
On 18th December, 2018, at a ceremony attended by some 80 participants, the Government of Seychelles launched a 5-year Policy and Strategy on Human Resources Development (HRD) to… Read more »
January 10, 2019
Africa: African Development Bank Group Approves Investment in Climate Investor One's Construction Equity Fund
The Board of Directors of the African Development Bank Group has approved a USD 32.5 million equity investment in Climate Investor One's (CIO) Construction Equity Fund (CEF), a… Read more »
January 08, 2019
Africa: African Development Bank and European Bank for Reconstruction and Development Invest 150 Million Euros to Improve Sanitation in Small Municipalities
The African Development Bank and the European Bank for Reconstruction and Development (EBRD) signed on 8th January a loan agreement with the Ministry of Development, Investment and… Read more »
Africa: African Development Bank Approves U.S.$14.12 Million to Support Nigeria's Membership in African Trade Insurance (Ati) Agency
The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria's membership in the… Read more »
December 27, 2018
Africa: Mainstreaming Resilience and Financing for Sustainable and Inclusive Urban Development in Africa
In Africa, as elsewhere, urbanized locations exert pressure on already vulnerable populations impacted by lack of access to potable water supply, sanitation and waste management,… Read more »
Africa: African Development Bank to Raise Over Us$7 Billion From Capital Markets for Investment in African Economies in 2019
Bank continues to build its profile in the capital markets for cost-effective resources to finance projects and programs in Regional Member Countries Read more »
Africa: Kazungula Bridge to Link, Open Up Markets in Eight African Countries
The bridge and one-stop-border-post facilities between Zambia and Botswana will enhance regional trade, integration and spur global competitiveness Read more »
December 26, 2018
Africa: Six of 20 Most Vulnerable Countries Are African
With more than 20,000 participants from over 190 countries, COP24 commenced in the hope that countries will create a rulebook that will turn the Paris climate agreement into… Read more »
Africa: Engaging With Civil Society - African Development Bank Organizes Last 2018 Internal Consultation Workshop
The African Development Bank Civil Society and Social Innovation Division organized a one- day "Civil Society Awareness Brown Bag Lunch" on 19 December 2018 at the Bank's… Read more »
Africa: Building Partnerships to Deliver Africa's Paris Agreement Commitments
African countries made ambitious commitments to respond to climate change in their Nationally Determined Contributions (NDCs) - a set of commitments necessqry for determining… Read more »
December 21, 2018
Africa: Powering Small Developing Island States With 100 Percent Renewable Energy
At the 24th United Nations Climate Change Conference of Parties (COP24), in Katowice, Poland, the global community fleshed out the rules to govern the Paris Agreement. Rules… Read more »
December 20, 2018
Africa: Africa's Quest for a Sustainable Future Will Ride On the Back of Resiliency, Financing and Planning Mechanisms
This year's UN Climate Summit (COP24) has come and gone. For the over 20,000 partiticpants who made the journey to Katowice, Poland for the summit, COP24 was mostly about getting… Read more »