August 19, 2017
Africa: AfDB President Akinwumi Adesina to Attend 37th SADC Summit in South Africa
The President of the African Development Bank Group (AfDB), Akinwumi Adesina, will participate in the 37th Summit of Heads of State and Government of the Southern Africa… Read more »
August 18, 2017
Africa: ALSF Weighs in On Uganda's Oil Refinery Project
In late July, Uganda chose a consortium, including General Electric Co., to build and operate a crude oil refinery, which will eventually process oil from fields being developed by… Read more »
Africa: AfDB Signs Host Country Agreement With South Africa Establishing Southern Africa Regional Development and Business Delivery Office
African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement on Friday, August 18, establishing the… Read more »
August 17, 2017
Africa: With ALSF Support, Rwanda Lays Foundation Stone of Bugesera International Airport
On the 9th of August, Rwanda's President Paul Kagame laid the foundation stone of the country's newest transportation hub, the Bugesera International Airport. Read more »
August 15, 2017
Africa: Africa50 Appoints Rupali Gupta As Head of Investor Relations
Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, is pleased to… Read more »
Burkina Faso: President's Statement On Burkina Faso Attacks
"The terrorist attacks in Burkina Faso are deplorable, shameful and cruel. We stand in support of the Government and the brave people of Burkina Faso as they deal with this… Read more »
August 11, 2017
Africa: Transport Projects Financed By the AfDB Between 1967 and 2017 Have Benefited 450 Million Africans
Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa. Read more »
Zambia: Zambia Approves Learning Assessments Systems Evaluation Framework Developed By Adea and Nala
Experts from Zambia reviewed and approved the Learning Assessment Systems Evaluation Framework (LASEF) at a meeting convened by the Association for the Development of Education in… Read more »
Lesotho: Sefa to Support First Utility-Scale Solar PV Project in Lesotho
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US$ 695,500 grant to NEO I SPV Pty Ltd., a subsidiary of OnePower Lesotho Pty Ltd.,… Read more »
August 09, 2017
Africa: Fitch Affirms African Development Bank's Triple 'A' Rating With Stable Outlook
Leading global rating agency Fitch Ratings has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA' with a Stable Outlook and its… Read more »
Africa: Standard and Poors Affirms AfDB's 'Aaa/a-1+' Ratings - Outlook Stable
Global rating agency, Standard and Poors has affirmed its AfDB's 'AAA/A-1+' Ratings with Outlook Stable. This is similar to Fitch's recent affirmation of the Bank's Triple 'A'… Read more »
August 08, 2017
Africa: High Hopes for Cocoa Farmers in Africa, As AfDB Plans Big for Producing Countries
Cocoa production in Africa is set to take a turn for the better, as the African Development Bank (AfDB) begin plans to support producers of the crop on the continent. Read more »
August 07, 2017
Africa: Fitch Affirms African Development Bank At 'Aaa' - Outlook Stable
Fitch Ratings has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA' with a Stable Outlook and Short- Term IDR at 'F1+'. A full list of… Read more »
August 04, 2017
Africa: AfDB and African Ambassadors Host 2nd Japan-Africa Business Forum in Tokyo
The 2nd Japan-Africa Business Forum was held in Tokyo on 25-26 July 2017 on the theme 'Investment and Business Opportunities with Africa'. The Forum was organized by the Bank's… Read more »
Africa: Ghana Targets 5 Million Passengers Yearly With AfDB-Funded International Airport Expansion Project
Project to boost regional integration, says Adesina Read more »
August 02, 2017
Nigeria: Nigeria Technical Cooperation Fund Celebrates First Ten-Year Life Cycle (2004 - 2014)
The Directorate of Technical Cooperation in Africa (DTCA) of Nigeria's Ministry of Foreign Affairs and the African Development Bank (AfDB) celebrated the completion of the first… Read more »
Africa: Transformation of Cocoa Production, Rural Economy, Energy in Focus, As Adesina Visits Ghana
Ghanaian government pledges support for AfDB's High 5s Read more »
Africa: Amcomet-Africa Hydromet Forum 2017 - Strengthening Climate and Disaster Resilience in Africa for Sustainable Development: Role of Weather, Water and Climate Services
Strengthening Climate and Disaster Resilience in Africa for Sustainable Development: Role of Weather, Water and Climate Services Read more »
August 01, 2017
Africa: AfDB Signs U.S.$ 78 Million Grant Agreements With Governments of Somalia and South Sudan to Strengthen Drought Resilience and Address Chronic Hunger and Malnutrition
Somalia grant of US$ 34.8 million set to benefit 804,000 individuals South Sudan grant of US$ 43.8 million set to benefit 300,000 individuals Read more »
Africa: AfDB Signs U.S.$ 78 Million Grant Agreements with Governments of Somalia and South Sudan
Somalia grant of US$ 34.8 million set to benefit 804,000 individuals Read more »
Somalia: AfDB Signs U.S.$ 78 Million Grant Agreements With Governments of Somalia and South Sudan
Somalia grant of US$ 34.8 million set to benefit 804,000 individuals South Sudan grant of US$ 43.8 million set to benefit 300,000 individuals Pastoralists and agro-pastoralist… Read more »
West Africa: Improving Accountability of Development Projects in West Africa
The Compliance Review and Mediation Unit (BCRM) of the African Development Bank Group (AfDB); the Office of the Compliance Advisor Ombudsman (CAO) of the International Finance… Read more »
West Africa: Improving Accountability of Development Projects in West Africa
The Compliance Review and Mediation Unit (BCRM) of the African Development Bank Group (AfDB); the Office of the Compliance Advisor Ombudsman (CAO) of the International Finance… Read more »
July 28, 2017
Africa: AfDB to Invest U.S.$24 Billion in Agriculture in Next 10 Years
The African Development Bank (AfDB) will invest US $24 billion dollars in agriculture as part of its Feed Africa programme- a strategy for agricultural development in Africa. Read more »
July 27, 2017
Ghana: AfDB President Adesina Visits Ghana to Strengthen Cooperation
The President of the African Development Bank (AfDB), Akinwumi Adesina, will visit Ghana from 1-4 August 2017 as part of efforts to strengthen cooperation. Read more »