May 23
Africa: The African Development Bank's Desert to Power Initiative
The African Development Bank is the driving force behind one of the world's most ambitious energy projects: the Desert to Power initiative aims to bring energy to one of the least… Read more »
Mauritius: Mauritius - The African Development Bank Grants $240 Million Loan to Support Economic Diversification and Competitiveness
The Board of Directors of the African Development Bank Group approved a loan of $240 million to Mauritius in Abidjan on 22 May 2024 to implement the second phase of the Economic… Read more »
May 22
Africa: African Development Bank At the 10th World Water Forum - Showcasing Commitment to Facilitating Access to Water and Sanitation Resources in Africa
The African Development Bank Group will highlight the importance of preparation, financing and coordination for water, sanitation and hygiene initiatives across Africa at the 10th… Read more »
Africa: 2024 Korea-Africa Summit
What: 2024 Korea-Africa Summit Read more »
Nigeria: African Development Bank Invests $1.44 Billion to Support Infrastructure Development in Nigeria
The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation infrastructure in Nigeria. Read more »
Sudan: African Development Bank Reaffirms Support for Sudan Amid Civil Conflict
The African Development Bank has reassured Sudan of its continued support in providing humanitarian and economic assistance, while addressing other priority needs amid the… Read more »
Africa: African Development Bank Issues Borrower Guidance Notes for Integrated Safeguards System
The African Development Bank Group has developed Environmental and Social Guidance Notes (ISS Guidance Notes) for borrowers and clients, following approval of an Integrated… Read more »
Ethiopia: Ethiopia - African Development Fund Approves Nearly $43 Million to Boost Access to Finance and Non-Financial Services for Ethiopian Youth and Women-Led Msmes
The Board of Directors of the African Development Fund - the African Development Bank Group's concessional financing window - approved a grant of $42.86 million to Ethiopia on 22… Read more »
Ethiopia: Ethiopia - African Development Bank's Sustainable Energy Fund for Africa to Extend $8 Million for Groundbreaking Mini-Grid Pilot Programme
The African Development Bank Group's Board of Directors has approved $8 million to support the rollout of a pioneering pilot mini-grid programme with potential Africa-wide… Read more »
Rwanda: Rwanda - Significant Results Midway Through the Implementation of the African Development Bank Country Strategy 2022-26
The Board of Directors of the African Development Bank Group approved the mid-term review of the Country Strategy Paper (CSP) 2022-26 for Rwanda in Abidjan on 21 May 2024. The… Read more »
May 21
Africa: Strengthening Global Nutrition Advocacy - Insights From African Leaders for Nutrition At the London Meeting
African Leaders for Nutrition (ALN) Coordinator George Ouma demonstrated the organization's unwavering commitment to influencing policy and driving positive nutrition outcomes… Read more »
Africa: Virtual Capacity Development Academy (Vcda) Learning Edge Insights Webinar
Who: The African Development Institute of the African Development Bank Group Read more »
Africa: Pledges for a Stronger Africa Fertilizer Financing Mechanism to Increase Food Production in Africa
African heads of state have committed to supporting the full operationalization of the Africa Fertilizer Financing Mechanism, a step that will empower it to invest in… Read more »
May 20
Africa: African Development Bank's Adesina Highlights Africa As the World's Best Investment Destination At Badea's 50th Anniversary
Africa's human, land, mineral resource and cross-border trade endowments combine to make it the world's most promising investment destination, now and well into the future, African… Read more »
May 19
Africa: African Development Bank Group and African Water Facility to Co-Host Session On Innovative Financing for Water and Sanitation At World Water Forum in Bali
What: Seminar on Innovative Financing and Resource Mobilization for Climate-resilient Water and Sanitation Investments Read more »
May 18
Congo-Brazzaville: Congo Lauds Partnership With African Development Bank, Seeks Enhanced Climate Funding
The Congolese government has lauded the African Development Bank Group for its vital support to the nation's development, particularly in infrastructure, where the Bank stands as… Read more »
May 17
Congo-Brazzaville: Congo - New Data Centre Funded By African Development Bank Will Cement National and Subregional Digital Sovereignty
Jolting hammer blows, the sounds of iron bars under a workman's blowtorch, the odor of fresh cement: at the foot of the three-storey building rising in the Bacongo district of the… Read more »
Benin: Benin - A Government and African Development Bank Project Launched to Boost the Fisheries and Aquaculture Sector
Benin and the African Development Bank officially launched the Project to Promote Sustainable Aquaculture and the Competitiveness of Fisheries Value Chains in Cotonou on 15 May… Read more »
May 16
Africa: African Development Bank Group to Launch 2024 African Economic Outlook
What: Launch of 2024 African Economic Outlook report Read more »
Togo: Charting Economic Progress - African Development Bank's Initiatives Spur Structural Transformation and Job Opportunities in Togo
2023 was an exciting year for Togo, with the African Development Bank setting the stage for transformative initiatives across various sectors. Read more »
Niger: Niger's Civil Society Wants More Involvement in Dialogue On African Development Bank Initiatives
Niger's civil society has informed Marie-Laure Akin-Olugbade, the Vice-President for the Regional Development, Integration and Business Delivery Complex at the African Development… Read more »
Africa: African Development Bank Launches Inaugural Eur 500 Million 2.875 Percent Short 4-Year Green Benchmark Due March 2028
On Wednesday 15 May 2024, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully launched and priced an inaugural EUR 500 million short… Read more »
May 15
Africa: Annual Meetings 2024 / Old Debt Resolution for African Countries - The Cornerstone of Reforming the Global Financial Architecture
When African Development Bank Group member states meet from 27 to 31 May in Nairobi, Kenya for the 2024 Annual Meetings, the question of African debt will be one of the key… Read more »
Zimbabwe: Zimbabwe - African Development Bank's $15 Million Trade Finance Package for First Capital Bank to Support SMEs and Local Enterprises
The Board of Directors of the African Development Bank Group has approved a $15 million trade finance package for First Capital Bank (FCB) in Zimbabwe to help bolster intra-African… Read more »
Africa: African Development Bank and Interamerican Development Bank Welcome International Monetary Fund's (IMF) Executive Board's Decision Approving Use of Sdrs for Hybrid Capital Instruments
The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB) today welcomed the announcement by the International Monetary Fund's Executive Board… Read more »
