May 17, 2018
Africa: African Development Bank Approves U.S.$100 Million for Expansion of Fertilizer Production
The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company's plans to double… Read more »
Africa: Bank Group Organizes a Workshop for Sharing Best Practices in Somalia's Electricity Industry
The African Development Bank and the Federal Government of Somalia concluded a two-day (26-27 April 2018) consultation and knowledge-sharing workshop on "Regulating the Somalia… Read more »
May 16, 2018
Africa: EUR 200 Million to Develop Morocco's Agricultural Value Chains and Reinforce Sustainable Job Creation
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco. Read more »
Africa: African Development Bank Approves U.S.$20 Million Facility to Boost Lending to SMEs in Liberia
The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia. Read more »
São Tomé and Príncipe: Capacity Building On Sovereign Debt and Creditor Litigation in São Tomé & Príncipe
To assist the government of São Tomé & Príncipe, a lower middle income island with a fragile economy, the African Legal Support Facility (ALSF) organized a… Read more »
Africa: African Development Bank Appoints Yana Kakar to Its Presidential Youth Advisory Group
The African Development Bank has announced the appointment of Yana Kakar to the Presidential Youth Advisory Group, which provides insights and innovative solutions for creating… Read more »
Africa: Experts Discuss Financial Needs for Energy Access At 5th Annual SEforall Africa Workshop in Lisbon
Back-to-back with the SEforALL Global Forum held in Lisbon recently, the SEforALL Africa Hub held its Fifth Annual Africa Workshop under the headline "Financing the Pipeline." Over… Read more »
May 15, 2018
Africa: Integrity in Development Projects - African Development Bank Debars Robert Akika Ngong
The Office of Integrity and Anti-Corruption of the Bank found Ngong to have engaged in a fraudulent practice in the context of a consultancy engagement with the institution Read more »
May 14, 2018
Africa: 2018 Annual Meetings Focus On Accelerating Africa's Industrialization
Final preparations are underway for the 2018 Annual Meetings of the African Development Bank Group on May 21-25, 2018, in Busan, Korea, addressing "Accelerating Africa's… Read more »
Zimbabwe: ZimFund Brings Joy to Ruwa Residents
"Sewer bursts had become a common feature, sometimes the sewage would find its way into the house, it was horrible," says 54-year-old Ellen Chingodza, a Ruwa resident for the past… Read more »
May 09, 2018
Africa: "Africa Business Day" Equips Southern African Companies Seeking to Expand Beyond Regional Markets
The African Development Bank, Johannesburg Stock Exchange (JSE) and the Industrial Development Corporation of South Africa (IDC) jointly organized the first "Africa Business Day"… Read more »
Cote d'Ivoire: Young Agripreneurs Showcase Innovation and Entrepreneurship in 2018 Agripitch Competition
The African Development Bank, in collaboration with the Government of Côte d'Ivoire, held an innovation and entrepreneurship competition and an African Youth Agripreneur… Read more »
Nigeria: African Development Bank Approves $1.5 Million USD for Jigiwa On-Grid IPP Solar Power Procurement Program
The Board of Directors of the African Development Bank has approved a US $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian Government's… Read more »
Africa: Civil Society Forum - Engaging With Civil Society to Accelerate Africa's Industrialization
The 2018 edition of the African Development Bank's Civil Society Forum, "Engaging Civil Society to Accelerate Africa's Industrialization," kicked off Monday in Abidjan. The goal of… Read more »
May 08, 2018
Africa: Africa Investment Forum Endorsed as a Game Changer for Financing Africa's Infrastructure Development
By 2050, just 32 short years from now, Africa’s growing population will tip the scales at a whopping 2 billion, with a youth of 840 million. In the process, the continent… Read more »
Africa: Speech By Dr. Akinwumi A. Adesina, President of the African Development Group, At the Media Launch of the Africa Investment Forum, Johannesburg, May 8, 2018
Your Excellencies Read more »
May 07, 2018
Africa: South Africa Says Country Ready to Host 2018 Africa Investment Forum
African Development Bank President meets with David Makhura, Premier of Gauteng Province in South Africa. Gauteng Province will host the Bank's inaugural forum from November 7-9,… Read more »
Africa: Accelerating Agri-Business Development in Ethiopia With the Agriculture Fast Track Fund
The African Development Bank has signed two grant agreements to finance agri-business development projects through the Agriculture Fast Track Fund. Read more »
Africa: African Development Bank Provides 121 Villages in Tanzania with Improved Access to Reliable and Affordable Electricity
In line with its Light up and power Africa initiative, the African Development Bank is expanding access to reliable and affordable electricity with funding support for the… Read more »
Africa: Africa Day to be Celebrated at African Development Bank Annual Meetings in Busan
For the first time, the African Development Bank will celebrate Africa Day - the annual commemoration of the foundation of the Organisation of African Unity (now the African… Read more »
Africa: Integrity in Development Projects - African Development Bank Debars CHINT Electric for 36 Months for Fraudulent Practices
The institution's Office of Integrity and Anti-Corruption found the company to have engaged in numerous misrepresentations of its past experience in bidding for Bank-financed… Read more »
Africa: The African Development Bank Organizes 2018 Civil Society Forum
"Engaging Civil Society in Accelerating Africa's Industrialization" Read more »
May 04, 2018
Africa: African Legal Support Facility Promotes Investments at the 2018 African Business Law Firms Association Conference
Each year, members and supporters of African Business Law Firms Association (ABLFA) gather at the organization's annual conference to explore and devise solutions to the emerging… Read more »
West Africa: African Development Bank Hosts Ecowas Workshop Ushering a New Era of Women's Roles in West Africa's Energy Transition
The African Development Bank hosted a workshop of energy experts, women entrepreneurs and government officials to discuss a Bank-funded feasibility study on Business Opportunities… Read more »
Africa: 15th Annual AVCA Conference - African Development Bank Promotes Private Investments in Africa
The Annual African Private Equity and Venture Capital Association (AVCA) Conference is the world's largest private equity gathering, attracting investors from private equity funds,… Read more »