June 19, 2018
Africa: African Development Bank Invests in Sudan Agribusiness
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »
Africa: African Development Bank Joins Global Infrastructure Facility As Technical Partner
Africa's infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water… Read more »
June 15, 2018
Africa: African Development Bank to Help Mobilize Over Cfaf 15 Billion to Finance Pay-As-You-Go Solar Home Systems
100 000 rural households to get access by 2020 Read more »
June 13, 2018
Africa: Environment - African Development Bank Leads Fight Against Polluting Plastic Products
Nearly half a ton of plastic waste was removed from Grand-Bassam, a UNESCO world heritage city Read more »
Africa: MDB Climate Finance Hit Record High of US$ 35.2 Billion in 2017
An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks - joint report Read more »
Africa: Promoting Food Security - African Development Bank Approves U.S.$ 15m Equity Investment in Africa Food Security Fund to Boost Agri-Business in Africa
In an effort to boost agri-business and enhance food security in Africa, the African Development Bank Board has approved a US$15 million equity investment in Africa Food Security… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
Africa: Stimulating Africa's Bond Markets - African Development Bank Approves U.S. $10-Million Equity Investment in Financial Sector Deepening Fund
To strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, the African Development Bank has approved a US $10-million investment… Read more »
June 07, 2018
Africa: Say No to Plastic! the African Development Bank Shows the Way in the Fight Against Plastic Pollution in Africa
While the fight against plastic waste is gaining more resonance in Africa, the use of plastic bags is still well-rooted in custom and practice, at the expense not only of the… Read more »
Africa: We Have High Hopes and Expectations for Your Country, Adesina Tells President of São Tomé and Príncipe
African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank's Board of… Read more »
June 06, 2018
Africa: African Development Bank Promotes Better Access to Mortgage Finance in Ghana
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an… Read more »
Sudan: African Development Bank Supports Agricultural Value Chain Development to Improve Household Incomes and Food Security in the Sudan
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »
Africa: African Development Bank Launches Coding for Employment Program
The African Development Bank, together with partners - The Rockefeller Foundation, Microsoft and Facebook - launched the Coding for Employment Program at the African Innovation… Read more »
June 05, 2018
Mozambique: Bank Helping to Deliver Electricity More Effectively in Mozambique
The Mozambican Government seeks to provide universal access to electricity for economic development. To that end, the Electricity IV project was co-financed by the African… Read more »
June 04, 2018
São Tomé and Príncipe: African Development Bank President in São Tomé and Príncipe to Strengthen Alliances
The first President of the African Development Bank group to set foot on São Tomé and Príncipe, Akinwumi Adesina has arrived in the country for a five-day… Read more »
Africa: World Environment Day - Collective Action Must Be Taken to Beat Plastic Pollution in Africa
On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental… Read more »
Africa: From the Scourge of Plastic Waste Pollution in Africa to Value Addition and Improved Livelihoods
The theme for World Environment Day celebrations in 2018 is "Beat Plastic Pollution." There has been a big focus on the devastating impacts of plastic waste (particularly… Read more »
Africa: Innovative Approaches to Financing Climate Adaptation
During this year's Innovation4Climate meeting in Germany, focused on "Adaptation metrics for innovative results-based adaptation and resilience finance," the African Development… Read more »
June 02, 2018
Africa: African Development Bank, Green Climate Fund and Africa 50 Support Desert to Power Programme
The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the… Read more »
June 01, 2018
Africa: African Development Bank Encourages Japanese Private Sector to Invest in Agribusiness in Africa
The African Development Bank held a seminar focusing on agribusiness on May 29, n2018 in Tokyo, Japan. This was the first joint event with Sasakawa Africa Association, following… Read more »
May 31, 2018
Africa: African Development Bank and Republic of Korea to Strengthen Cooperation through Korea-Africa Tech Corps Program
The African Development Bank and the Republic of Korea have signed a cooperation agreement to enhance joint efforts to provide additional technical assistance to the Bank’s… Read more »
Africa: Ten-Year CAD 60-Million "Feed Africa" Bond Issued By the African Development Bank
The AAA-rated African Development Bank (Moody's/S&P/Fitch/Japan Credit Rating Agency), issued its second "Feed Africa" bond for CAD 60 million, sold to Japan Post Insurance… Read more »
May 30, 2018
Africa: African Development Bank to Host U.S. $3 Million Rockefeller Trust Fund to Spur Agriculture and Youth Employment in Africa
The African Development Bank Group has established a US $3-million Rockefeller Trust Fund, a joint effort of the Bank and The Rockefeller Foundation to help spur Africa’s… Read more »
Somalia: Italy Ramps Up Support for Somalia's Infrastructure, Contributes €1 Million to Somalia Infrastructure Fund
The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy's contribution of €1 million to the Somalia Infrastructure… Read more »
May 28, 2018
Africa: African Development Bank Annual Meetings 2018
Young Laureates of "The Africa of my Dreams" essay contest light up Africa Day Read more »