Africa: African Development Bank Debars China Zhonghao Nigeria Limited for 18 Months for Fraudulent Practices

The African Development Bank Group on 14 April 2020, announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in Nigeria, for 18 months,… Read more »

Africa: African Development Bank Strongly Rebuts Claims That It Plans to Provide Financial Support to the East African Crude Oil Pipeline Project

The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline… Read more »

Africa: African Development Bank Places Zhongmei Engineering Group Limited On 12 Months Conditional Non-Debarment for Fraudulent Practice

The African Development Bank Group on 17 April 2020, announces a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in… Read more »

Africa: COVID-19 Pandemic Bolsters Case for Technology-Based Economic Resilience

As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic… Read more »

Africa: African Development Bank's Sefa Grants $760,000 to Develop Small-Scale Renewable Energy Projects Across Sub Saharan Africa

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA), has approved a $760,000 grant to Empower New Energy AS (EmNEW), to develop at least eight small… Read more »

Africa: African Development Bank Group Approves $10 Million Equity in Razorite Healthcare Fund for Africa

The Board of Directors of the African Development Bank has approved a $10-million equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare… Read more »

Africa: The African Development Bank and Its Partners Want Your Ideas for Beating the COVID-19 Pandemic

The African Development Bank and partners are set to host an online #AfricaVsVirus Challenge from 16 to 19 April 2020. The 72-hour competition is a global hackathon - or "ideathon"… Read more »

Africa: African Development Bank Group Unveils $10 Billion Response Facility to Curb COVID-19

The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. Read more »

Africa: World Health Worker Week - Amid a Global Pandemic, We Must Celebrate "Leaders On the Front Line"

During World Health Worker Week 2020 (5-11 April), the African Development Bank joins the global community to celebrate and recognise the contributions of health workers, including… Read more »

Africa: Deaf Kenyan Teenager Pursues Fashion Design Dreams

Where she comes from, people like her rarely find opportunities to pursue their ambitions. For a while, Nasike Robai thought she would suffer the same fate. Read more »

Africa: Appointment of Acting Chief Risk Officer (Pgrf)

The African Development Bank Group is pleased to announce the appointment of Mr. Nourredine Lafhel as Acting Chief Risk Officer, effective 6th April 2020. Read more »

Africa: Appointment of Acting Director, Communication and External Relations

The African Development Bank Group is pleased to announce the appointment of Mrs. Nafissatou N'diaye DIOUF as the Acting Director for Communications and External Relations… Read more »

Africa: Appointment of Acting Director, Corporate Information Technology Department (Chis)

Senior Management is pleased to announce the appointment of Mr. Pepin Vougo as Acting Director, Corporate Information and Technology Department effective 1st April 2020. Read more »

Africa: Appointment As Acting Director, General Services and Procurement (Chgs)

The African Development Bank Group is pleased to announce the appointment of Mr. Jean Hubert BAYALA as the Acting Director for General Services and Procurement (CHGS), effective… Read more »

Ghana: African Development Bank-Facilitated $600 Million Cocobod Loan Gives Cocoa Farmers Hope for Future

Agnes Korkor Ababio climbs onto the back of a pick-up truck and begins counting a stack of 64-kg cocoa bags heaped in the vehicle. Read more »

Africa: The pandemic is no time for fiscal distancing

These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates… Read more »

Africa: African Development Bank Celebrates Milestone With First Social Bond Listing On London Stock Exchange

Record-breaking $3 billion Fight Covid-19 social bond launches on LSE: a first for the Bank Read more »

Africa: African Development Bank Group Approves Gender Equality Trust Fund and Risk-Sharing Mechanism to Improve Women's Economic Empowerment in Africa

The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women's empowerment… Read more »

Africa: The Pandemic Is No Time for Fiscal Distancing

Click here to read the full OpEd on CNN.com Read more »

East Africa: African Development Bank Approves $1.5 Million Emergency Grant to Curb Desert Locusts Ravaging East and Horn of Africa

The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the… Read more »

Africa: African Development Bank Wins Industry Gong for Pioneering 2019 Social Bond Issue

The African Development Bank received on 30 March 2020 an award for its successful one billion Norwegian krone (NOK) social bond issued in 2019. This Environmental Finance 2020… Read more »

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 »

Mozambique: Government and African Development Bank Sign Financing for Mueda-Negomano Road Phase II

The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to… Read more »

Sudan: TAAT: Wheat Farmers in Sudan Record Increased Yields After Adoption of Proven Technologies

Sudanese wheat farmers are in a joyous mood. Read more »

Africa: African Development Bank Approves $8.25 Million Loan to Food Producer Olivine Industries

The Board of Directors of the African Development Bank Group has approved a $8.25 million corporate loan to Olivine Industries Limited to support the company's food production… Read more »