Africa: Improving Aid Effectiveness and Transparency in AfDB's Rural Water Sector

Rural water supply and sanitation task managers and experts of the African Development Bank (AfDB) have discussed how to enhance transparency and aid effectiveness through online… Read more »

Ethiopia: AfDB Approves USD $159 Million Corporate Loan to Ethiopian Airlines to Finance Expansion Plan and Fleet Modernization Program

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines' expansion plan and fleet… Read more »

Sudan: African Development Bank to Sink U.S.$20 Million in Port Sudan Urgent Water and Sanitation Project

In collaboration with the UK Department of International Development (DfID), the African Development Bank (AfDB) concluded a project identification mission to Port Sudan on… Read more »

Africa: African Development Bank Approves U.S.$ 500 Million 2nd Tranche of Budget Support Loan to Egypt

The Board of Directors of the African Development Bank (AfDB), has approved a loan of US$ 500 million to finance Egypt's economic governance and energy support program phase II.… Read more »

Africa: AfDB/AFMI 5th Annual Local Currency Bonds and Financial Sector Development Conference/Workshop

In 2008, the African Development Bank (AfDB) launched the African Financial Markets Initiative (AFMI) as part of its strategy to develop the financial markets sector in Africa.… Read more »

Nigeria: AfDB Approves USD$ 250 Million Loan and Eur 5 Million Grant for Rebuilding, Recovery and Stabilization in North East Nigeria

The Board of Directors of the African Development Bank Group (AfDB), has approved a financing package comprising USD 150 million ADB Loan, USD 100 ADF Loan and the EUR 5 million… Read more »

Malawi: AfDB Approves U.S.$ 12.24 Million in Grants and Loans for Jobs for Youth Project for Malawi

The Board of Directors of the African Development Bank (AfDB) has approved an African Development Fund (ADF) loan of UA 7.52 million (approximately US $10.5 million) and an ADF… Read more »

Africa: AfDB's Board of Directors Approves the Institution's Borrowing Program for 2017

The Board of Directors of the African Development Bank has approved the institution's borrowing program for 2017, for an amount of UA 6.2 billion (equivalent to USD 8.4 billion) to… Read more »

Africa: AfDB Convenes an Innovation Workshop to Accelerate Energy Access Through an Innovative Pay-As-You-Go Model - PAYG 2.0

On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models to scale access to pay-as-you-go (PAYG) payment models… Read more »

Africa: African Development Fund Board Approves a Loan of USD$ 93.51 Million to Support the Agriculture Sector in Tanzania

The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 67.27 million (USD 93.51 million) to the United Republic of Tanzania for on-lending to the… Read more »

Africa: AfDB Approves U.S.$ 50 Million Equity Investment and USD$ 50 Million Convertible Loan to Seed the Establishment of the Multi-Investor USD$ 500 Million Facility for Energy Inclusion (FEI)

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible… Read more »

Africa: AfDB Commits USD $74.9m to Reinforce Road Connection Between Mozambique and Tanzania

On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »

Africa: Africa Needs Quality Infrastructure for Sustained Economic Growth and Inclusiveness

"Building quality into every stage of the life-cycle of projects is essential if investment in infrastructure is to have a positive impact on Africa's economic development:" This… Read more »

Tanzania: AfDB Commits U.S. $74.9m to Reinforce Road Connexion Between Mozambique and Tanzania

On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »

Africa: 14th Replenishment of the African Development Fund

Donors agree on US $ 7.06 billion to the African Development Fund (ADF); increased financing for fragile countries; and scaled up support to the private sector Read more »

Africa: Nobel Laureate Eric Maskin Addresses Issues of Globalization and Inequality At 11th African Economic Conference

On Day 1 of the 11th African Economic Conference in Abuja, Nigeria, Prof. Eric Maskin of Harvard University and co-recipient of the 2007 Nobel Prize in economics made a short… Read more »

Africa: What Africa Can Learn From China's Green Revolution in Its Agro-Allied Industrialization Quest

Is there a future for smallholder farmers in Africa? Read more »

Africa: 16 Days of Activism Against Gender-Based Violence - Message From the President of the African Development Bank

The African Development Bank is committed to a genuine and comprehensive transformation of Africa through sustainable economic development. Read more »

Africa: "We Are Better Equipped to Deliver Results ", Say East African CSOs At AfDB Workshop in Nairobi

The African Development Bank (AfDB)'s consultations with East African civil society organizations (CSOs) concluded on December 9 in Nairobi, Kenya, with participants saying that… Read more »

Africa: "United Against Corruption - Integrity Counts" - African Development Bank Commemorates International Anti-Corruption Day On December 9

International Anti-Corruption Day is celebrated every December 9, marking the adoption of the United Nations Convention Against Corruption (UNCAC) in Merida, Mexico, on this day in… Read more »

Africa: "Anyone Can Report Issues to Us" - 3 Questions for Bubacarr Sankareh, Head of Investigations in the AfDB's Integrity and Anti-Corruption Department

As Head of Investigations, do you have to investigate acts of corruption reported on African Development Bank-funded projects or within the AfDB? Read more »

Africa: Study Shows Food Safety Regulations Will Promote Agriculture Exports

Despite concerns over acceptance of African agricultural produce in the European Union (EU), a study on Tuesday revealed that the adoption of food safety regulations will promote… Read more »

Africa: How Policy Implementation Can Drive Africa's Agro-Allied Industry

Implementation of existing policies and strategies by African countries are essential to develop Africa's agro-allied industry, Ayodele Odusola, Chief Economist and Head of the… Read more »

Ethiopia: AfDB Commits U.S. $92.9m to Open Up Access of Southern Ethiopian Regions

On Wednesday 7th December of 2016 in Abidjan, the Board of Directors of the African Development Bank Group (AfDB) approved USD 57.6M grant and USD 35.3M loan (Approximately USD… Read more »

East Africa: AfDB Urges East African Csos to Be Involved in Environmental and Social Safeguards Process to Ensure Sustainability of Projects

Justin Ecaat, AfDB Environmental and Social Safeguards Expert: "Environmental and Social Safeguards provides CSOs a lot of opportunities and entry points." Read more »