May 24, 2017
Africa: AfDB Spouses Support Ahmedabad Orphanage
The African Development Bank has made a donation to the Mahipatram Rupram Ashram, one of the largest and oldest orphanages in India. Read more »
Africa: AfDB Scales Up Operations to a Record U.S. $11 Billion
With the roll-out of its High 5s priorities and an new Development and Business Delivery Model (DBDM) in 2016, the African Development Bank Group (AfDB), delivered a record US… Read more »
Africa: Development of Africa's Human Capital for Industrialization Dominates Africa-Asia Partnerships Talks
Development of Africa's human capital has been identified as key aspect to achieve industrialization. Read more »
Africa: Focus On AfDB and Africa's Top Priority - Lighting Up and Powering Africa
Although African countries have spent money on energy during the last decades, the investments made have not kept pace with the continent's population economic growth that… Read more »
Africa: How South Korea's U.S. $200,000 Grant Will Support Tanzania's Gas Sector
AfDB's support facility will make Tanzania better equipped to negotiate favourable contracts despite global low gas prices, says Nyirahuku Read more »
Africa: AfDB Explores Investment Strategies to Tilt Markets in Favour of African Farmers
The African Development Bank (AfDB) has proposed new investment strategies in Africa's agriculture sector, which, if properly implemented, would effectively alter the market… Read more »
Ethiopia: Drought in Africa - AfDB and Ethiopia Sign Funding Agreement to Provide Water and Sanitation to 3 Million People
The African Development Bank Group and Ethiopia signed loan and grant agreements to the tune of US $5.6 million on Wednesday for additional resources to Ethiopia's One Water,… Read more »
Africa: Citi Bank Wins Lifetime Achievement Award At This Year's African Banker Awards
Winners of the 2017 African Banker Awards were announced at a prestigious Gala Dinner in Ahmedabad, India. The Awards, held annually on the fringes of the Annual Meetings of the… Read more »
May 23, 2017
Africa: Intra-African Trade Is Key to Sustainable Development - African Economic Outlook
Trade between African countries has the greatest potential for building sustainable economic development and integration, says African Economic Outlook 2017, a flagship report of… Read more »
Africa: AfDB Annual Meetings Open in Ahmedabad - Deliberations Underscore Win-Win Africa-India Cooperation
The 52nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 43rd Meetings of the Board of Governors of the African Development Fund (ADF)… Read more »
Africa: 52nd AfDB Annual Meetings Officially Open in Ahmedabad
The 52nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 43rd Meetings of the Board of Governors of the African Development Fund (ADF)… Read more »
Africa: Africa's Future Lies in Entrepreneurship and Industrialization - 2017 African Economic Outlook
Africa needs to push for accelerated development by harnessing local resources to boost entrepreneurship and drive its industrialization. Read more »
Africa: AfDB and IFC Agree to Promote Investments That Benefit Women in Africa
The African Development Bank Group and the International Finance Corporation signed a memorandum of understanding on Tuesday, May 22, 2017 in Ahmedabad, India, aimed at promoting… Read more »
Africa: U.S.$ 829 Million Support From AfDB, Partners for Songwe River Basin Program
Malawi and Tanzania have agreed to work together for the development of the Songwe River Basin Program (SRBDP). This follows the signing of a Memorandum of Understanding between… Read more »
Africa: Keynote Speech Delivered By Akinwumi A. Adesina, President of the African Development Bank Group
Your Excellency, Prime Minister Narendra Modi of India, Read more »
Africa: Promoting Grey Matter Infrastructure Is a Game-Changer in Africa's Development Agenda
Developing Africa's "grey matter infrastructure" through multi-sector investments in nutrition in Africa was a key focus Monday at the African Development Bank's Annual Meetings in… Read more »
Africa: AfDB Agri-Business Funding Lays Strong Foundation for Transforming African Agriculture
The African Development Bank (AfDB) has provided a roadmap to the growth of agriculture in African countries with a plan to inject nearly US $2.4 billion every year for 10 years to… Read more »
Africa: Stunting Costs Africa $25 Billion Annually - AfDB
The African Development Bank (AfDB) says the cost of malnutrition is too huge for Africa to ignore. Read more »
Africa: Missing Links to Indian-African Trade and Investment Promotion Identified
Experts at the 52nd African Development Bank Annual Meetings, which started Monday in Ahmedabad, India, have identified the missing links to building a strong trade and investment… Read more »
May 22, 2017
Africa: Unlock the Potential of African Entrepreneurs to Accelerate Africa's Industrial Transformation, Says the African Economic Outlook 2017
African governments need to integrate entrepreneurship more fully into their industrialisation strategies, according to the African Economic Outlook (AEO) 2017 released Monday, May… Read more »
Africa: "The Time for Africa Is Now - We Can't Slow Down, We Must Quicken the Pace" - Adesina
India is the perfect place for the African Development Bank to focus on the transformative power of agriculture, Bank President Akinwumi Adesina has told the African, Indian and… Read more »
May 21, 2017
Africa: "Shared Opportunities and Deepening Partnership" - AfDB President Sees Bright Future for Africa and India
"Africa-India trade rose five-fold in the last decade and is forecast to double - to US $100 billion - by 2018," African Development Bank President Akinwumi Adesina said Saturday. Read more »
May 19, 2017
Africa: Africans Moved More Freely in 2016, According to Second Africa Visa Openness Index
The African Development Bank, in collaboration with the African Union Commission and the World Economic Forum, launched on Friday, May 19, 2017, the second edition of the Africa… Read more »
May 18, 2017
Africa: Epsa - 7th Loan From AfDB and Japan to Support the Private Sector in Africa
The African Development Bank (AfDB) and the Government of Japan (GOJ) have signed an agreement for a US $ 300 million facility under the joint initiative titled Enhanced Private… Read more »
May 17, 2017
Africa: All Roads Lead to India As Delegates Converge On Ahmedabad for AfDB's Annual Meetings
The Mahatma Mandir Convention and Exhibition Center in Gandhinagar area of Ahmedabad in Gujarat State is a bee-hive of activity as officials put final touches to preparations for… Read more »