January 16, 2018
Nigeria: African Development Bank Inspires Nigerian School Children With 'Farming Is Cool' Competition
As part of its goal to see a generational shift in agriculture on the continent, the African Development Bank has taken its 'Farming is Cool' initiative to school children in… Read more »
Liberia: Akinwumi Adesina Receives Accolade of Highest Honour of the Republic of Liberia
Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 16, received the Order of the Star of Africa with the Grade of Grand Band of the… Read more »
Africa: African Development Bank Launches the 2018 Edition of the African Economic Outlook
Flagship report to highlight state of socio-economic performance, outlook and progress in 54 African countries Read more »
Africa: First Meeting By High Level Panel On International Migration in Africa
The first meeting of the High Level Panel on International Migration in Africa (HLPM) highlighted regional migration priorities and actionable commitments that will lead to the… Read more »
Africa: Integrity in Development Projects
The African Development Bank Group (AfDB), on 16 January 2018, announced the conclusion of a settlement agreement with GH Management Consultants and its managing partner, Mr.… Read more »
January 14, 2018
Nigeria: Nigeria Consolidates Position As African Development Bank's Largest Shareholder
Nigeria's President Buhari to commission Bank's new historic country building Read more »
Africa: African Development Bank President to Participate in High-Level Panel On International Migration in Africa
Adesina to receive Liberia's highest national award Read more »
January 12, 2018
Africa: These Young Africans Dream of Becoming the Next Mandela, Nasser, Adesina, Wangari Maathai or Houphouët-Boigny
Invited to the headquarters of the African Development Bank to try their hand at leadership in a game setting, several dozen young people took part in the new board game Made in… Read more »
January 10, 2018
Rwanda: Martha Phiri, Bank Group's Country Manager to Rwanda, Presents Her Letters of Accreditation
The African Development Bank Group's newly appointed Country Manager to Rwanda, Martha Phiri, on January 8, 2018, presented her Letters of Accreditation to Olivier J.P.… Read more »
January 04, 2018
Africa: African Development Bank, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital Partner in Us $55-Million Investment Into Off-Grid Energy Access Fund
On December 15, the African Development Bank's Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund ("FEI OGEF"). This… Read more »
Africa: AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital Partner in Us $55-Million Investment Into Off-Grid Energy Access Fund
On December 15, the African Development Bank's Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund ("FEI OGEF"). This… Read more »
December 28, 2017
Africa: African Development Bank Board Approves Third Sovereign Lending Instrument
The Board of Directors of the African Development Bank Group (AfDB) approved the Bank's third sovereign lending instrument called the Results-Based Financing (RBF) Policy. RBF will… Read more »
Africa: African Development Bank achieves 100% investment in green energy Projects in 2017
Commits to 100% climate screening for all Bank financed projects Read more »
December 26, 2017
Africa: France Signs Landmark Us $ 253 Million Loan Agreement to Boost African Development Fund
The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th… Read more »
December 22, 2017
Africa: Third Africa Forum On STI
The third edition of the Africa Forum on Science, Technology and Innovation ("Africa STI Forum") will be held from February 10-12, 2018 in Cairo, Egypt. Co-organized by the African… Read more »
December 21, 2017
Egypt: Egypt Gets U.S.$ 150m From the African Development Bank to Upgrade Water Treatment Plant
In support of the Egyptian Government's efforts to ensure safe living conditions, the African Development Bank has approved financing amounting to US$ 150 million for the expansion… Read more »
Africa: Building the Next Generation of African Agricultural Economists
Building the next generation of African agricultural economists was one of the key highlights of a Structural Transformation of the African Agriculture and Rural Spaces (STAARS)… Read more »
Africa: African Development Bank to Raise U.S. $ 8 Billion From Capital Markets in 2018
The Board of Directors of the African Development Bank has approved the Bank's 2018 borrowing program for USD 8 billion to be raised from capital markets. Read more »
East Africa: African Development Bank Supports Small Businesses in East Africa With U.S. $ 15 Million
The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in… Read more »
Kenya: Sustainable Energy Fund for Africa Improves Waste-to-Energy Electricity in Kenya With U.S. $1 Million Grant
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a… Read more »
December 20, 2017
Africa: Sustainable Energy - African Development Bank Approves Us $ 20m Support to Evolution Fund II
As part of its wider mandate under the New Deal on Energy for Africa, the Board of Directors of the African Development Bank on December 15, 2017, approved an investment of US $20… Read more »
Mozambique: African Development Bank and Government of Mozambique Light Up 80,000 Households and Businesses
"The expansion of the Dondo substation will not just light up households and family units. It will also power the industrial growth of the Sofala and Manica provinces, creating… Read more »
Mozambique: New Mozambican Rail, Port Project to Open New Markets for Farm Produce, Boost Regional Integration
The African Development Bank is taking the lead in facilitating the takeoff of one of Africa's largest infrastructure project - the US $ 5 billion Nacala corridor rail and port… Read more »
December 19, 2017
Africa: Integrity in Development Projects
The African Development Bank Group (AfDB) on December 19, 2017, announced the conclusion of a settlement agreement with GERMS Consulting. Read more »
December 18, 2017
Africa: Economic Transformation of Africa's Rural Areas Key to Curtailing Migration
On the occasion of International Migrants Day, December 18, the African Development Bank calls on African countries to reconstruct rural areas from zones of economic misery to… Read more »