November 26, 2018
Africa: The Challenge for a Fair Deal in Climate Financing
Climate financing by the African Development Bank and the world's other largest multilateral development banks rose by a record 28% to US$35.2 billion in 2017 from the previous… Read more »
Mozambique: Mozambique Making Considerable Economic and Social Progress, Says African Development Bank Country Report
Mozambique has made significant strides despite an economic slump over the past two years, according to the latest African Development Bank Country Result Brief. Read more »
Africa: Engaging Private Sector in Financing Local Climate Adaptation
"I nearly lost everything this year, when my rice farm almost collapsed during an unprecedented drought." Mrs. Sacca has been farming rice for the past seven years on her two… Read more »
Africa: African Development Bank to Showcase Projects At the 2018 Programme for Infrastructure Development in Africa (PIDA) Week in Zimbabwe
The 2018 Programme for Infrastructure Development in Africa (PIDA) Week) will take place in Victoria Falls, Zimbabwe from 26 to 29 November 2018, on the theme: "PIDA Implementation… Read more »
November 22, 2018
Africa: Akinwumi Adesina, Spearheading Good Governance By Leading Agricultural Innovation and Economic Growth of Africa
As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at… Read more »
Burundi: African Development Fund Approves U.S.$322 Million for Road Upgrading Project in Burundi and Tanzania
The Boards of Directors of the African Development Bank Group have approved US$322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and… Read more »
Southern Africa: African Development Bank to Showcase Business Opportunities in Southern Africa
The African Development Bank's Business Opportunity Seminar (BOS), an initiative to enhance private sector development in key sectors for inclusive economic transformation, is… Read more »
November 21, 2018
Africa: Pida Week 2018 - Good Governance Key to Regional Integration, Says African Development Bank Director for Regional Development and Regional Integration, Moono Mupotola
In this interview ahead of the 2018 Programme for Infrastructure Development in Africa (PIDA) Week taking place on 26 - 29 November 2018 in Victoria Falls, Zimbabwe, the African… Read more »
Africa: African Development Bank Marks Toilet Day With Us$500 Million Commitment to New Sanitation Funding
As the African Development Bank joined the international community to observe World Toilet Day on November 19, the organization is putting considerable financial muscle into the… Read more »
November 19, 2018
Kenya: Kenya Receives New €235 Million Loans From African Development Bank to Complete Thwake Dam
The African Development Bank's Board of Directors has approved two loans worth €235.763 million for the completion of construction work on Thwake dam on Thwake River in… Read more »
Togo: Using Toilets to Fight Cholera
Located 350 kilometres north of Lomé, Sokodé, the second-largest city in Togo, was the epicentre of three cholera outbreaks in 2013. That same year, the African… Read more »
Africa: African Development Bank Group Approves U.S.$123 Million Grant for Ethiopia's Basic Services Transformation Programme
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia's Basic… Read more »
November 16, 2018
Africa: Women Must Redesign the Table, and Not Just Expect to Be At the Table, Says Ģraça Machel
Dame Ģraça Machel, one of Africa's foremost advocates for the rights of women and children, has called on African women and policy makers to challenge gender inequality and… Read more »
Africa: African Development Bank to Play Bigger Role in African Economies By Investing in Infrastructure Private Equity
The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended… Read more »
Zimbabwe: "Building a New Zimbabwe", a Flagship Report Launched By the African Development Bank to Spark the Country's Economic Development
Caption: Unveiling the Zimbabwe Economic Report: from left to right - Malcolm Pautz, G:ENESIS Analytics; Damoni Kitabire Country Manager COZW; Zvinechimure R. Churu, Principal… Read more »
November 14, 2018
Africa: A-List Attendees Throw Weight Behind Africa Investment Forum 2018
Heads of State, presidents of Development Finance Institutions (DFIs), global and regional investors, business moguls and other A-list attendees are lauding the recently concluded… Read more »
Africa: Africa Investment Forum 2018 - A New Bold Vision Tilts Capital Flows Into Africa
"Vision is the art of seeing what is invisible to others," a saying goes. When African Development Bank President Akinwumi Adesina laid out his vision to tilt the flow of capital… Read more »
Africa: Africa Investment Forum 2018 - Use of Blended Finance As a Tool for Scaling Up Investment in Africa, On the Rise
The use of blended finance as a tool to address risk perceptions and crowd in private investment to develop Africa and achieve the Sustainable Development Goals is on the rise,… Read more »
Africa: Donors Commend Nepad-Ippf's Operational Performances
In 2018, disbursements on IPPF financed projects reached an all-time record of US$ 9.0 million. Read more »
November 13, 2018
Africa: At Africa Investment Forum 2018, Fashionomics Africa Cocktail Event Wows Crowd With Creative Artistry, Investment Opportunities
Investment opportunities presented by the African fashion industry was the main thrust behind a cocktail evening organised by the African Development Bank, together with the… Read more »
Africa: Combatting Climate Change - Boosting Green Investment in Africa With the African Development Bank's Afac Initiative
Launched on the sidelines of the Annual Meetings of the African Development Bank in Busan in May 2018, the African Financial Alliance on Climate Change (AFAC) was the subject of a… Read more »
Africa: Egypt's Private Sector Wins Big At the Africa Investment Forum, Sees Forum Promoting Investment Opportunities
Projects from Egypt's private sector showed strongly at the just concluded Africa Investment Forum during which transactions close to US$50 billion were promoted by sponsors in… Read more »
Africa: African Development Bank Launches Africa Energy Portal
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg. Read more »
November 12, 2018
Africa: African Development Bank and European Bank for Reconstruction and Development Invest EUR150 Million in Sanitation in Tunisia
During the Africa Investment Forum (AIF) held in Johannesburg, South Africa, the president of the African Development Bank, Akinwumi Adesina, and the president of the European Bank… Read more »
Africa: Africa Investment Forum 2018 - African Financial Alliance On Climate Change (Afac) Unveils Guiding Principles
The African Financial Alliance on Climate Change (AFAC) unveiled its guiding principles at the recently concluded Africa Investment Forum. Launched in June 2018, AFAC aims to… Read more »