December 08, 2023
Africa: COP28 Side Event - Post Dakar 2 African Initiatives for Food Sovereignty and Resilience: Lessons Learned and Perspectives
What: Read more »
Africa: Nigeria - African Development Bank and Fsdh Merchant Bank Sign $20 Million Trade Finance Agreement to Support SMEs and Corporates
Bukola Smith, Managing Director, FSDH Merchant Bank (left) and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, display copies of the signed… Read more »
Burundi: Burundi - Construction Begins On Agri-Food Training Centre, With Funding By African Development Bank
Pascal Yembiline (far right), the Bank Group's Country Manager for Burundi, and Hendrina Chalwe Doroba (far left), the African Development Bank's Education and Skills Development… Read more »
Africa: COP28 - African Development Bank's Afawa Grants $1.8 Million to Boost Entrepreneurship Skills for Thousands of Women in Partnership With Export Trading Group
The African Development Bank Group's Affirmative Finance Action for Women in Africa (AFAWA) and Export Trading Group have signed a technical assistance agreement of $1.8 million to… Read more »
Africa: COP28 - International Support Grows for Channeling IMF Special Drawing Rights Through Multilateral Development Banks
Governments of France, Japan, Spain and the UK express support for use of hybrid SDR instrument to provide development resources to countries in need in Africa and Latin America… Read more »
Africa: African Economic Conference 2023 Ends With a Call to African Countries to Invest in Regional Value Chains to Facilitate Industrialization
L-R: Adam Elhiraika, Director, Macroeconomics and Governance Department, ECA; Kevin Urama, Chief Economist and Vice President, AfDB; Matthias Naab, Director, Regional Service… Read more »
December 07, 2023
Africa: COP28 - Heads of Multilateral Development Banks Explore Closing Nature and Water Financing Gap
Dr Beth Dunford, Vice President, Agriculture, Human & Social Development presents the Bank's initiatives for SDG 6 and climate action. Read more »
Africa: Cop 28 - African Water Facility to Host Event On Water Security for Climate Resilience in Africa
Who: African Water Facility, African Development Bank Read more »
Africa: At 37th Nepad-Ippf Oversight Committee Meeting, Germany Pledges Eur 18.4 Million for Fund's Replenishment in 2024
The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), has successfully concluded its 37th Oversight Committee Meeting, welcoming a pledge from Germany for its… Read more »
Africa: How Access to Modern Stoves Could Be a Game-Changer for Africa's Economic Development - and Help Tackle Climate Change
Original story:… Read more »
December 06, 2023
Africa: COP28 - African Development Bank President Invites Business Leaders to Invest in Africa to Accelerate Decarbonization
African Development Bank President Akinwumi Adesina has urged African business leaders to seize the enormous potential in Africa by investing in green infrastructure. Read more »
Africa: Global Leaders Call for Increased Resources to Provide 1 Billion People With Clean Cooking Solutions in Africa
"Every woman, every mother must be able to turn on the gas cooker and cook a decent meal like anywhere else in the world"--Adesina Read more »
Africa: COP28 - Africa Could Lose $25 Billion Per Year As New EU Carbon Tax Comes Into Effect, Warns African Development Bank's Adesina
African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa's trade and industrialization progress… Read more »
Africa: African Development Bank Approves Usd 15 Million Trade Finance Transaction Guarantee Facility for NMB Bank to Support SMEs and Local Corporates in Zimbabwe
Support from the African Development Bank will enable NMB Bank to support SMEs and local businesses, including those owned by women. Read more »
Africa: COP28 - African Civil Society Unveils Its Recommendations for the Fight Against Climate Change in Africa
Solidarity between the African Development Bank, African civil society and the private sector is necessary to face climate challenges. Read more »
Africa: Climate Action Window - The African Development Bank Group Launches the First Call for Proposals for Adaptation Projects in 37 Low-Income African Countries
The African Development Bank Group has launched the first call for climate adaptation proposals for the Climate Action Window (CAW) during the COP28 climate conference in Dubai.… Read more »
Africa: COP28 - Mozambique's $80 Billion Energy Transition Will Leverage Its Vast Renewable Resources, Says President
"African countries, and in this case Mozambique, should use an energy mix of hydroelectric power and natural gas"--Adesina Read more »
December 05, 2023
Africa: COP28 - Africa Day - African Leaders Emphasize Need for Significantly Increased Climate Action and Green Growth Financing
The President of the African Development Bank, Dr Akinwumi Adesina, speaks at the opening of Africa Day at COP 28 in Dubai, alongside Mr Azali Assoumani, President of the Republic… Read more »
Africa: Africa Finance Corporation, African Development Bank Sign $350 Million Long-Term Line of Credit for Infrastructure
Africa Finance Corporation (AFC) and the African Development Bank have signed a $350 million long-term line of credit to support urgently needed financing for infrastructure… Read more »
Africa: African Development Bank's Public Finance Management Academy Graduates First Cohort of Government Officials Trained in Curbing Corruption and Illicit Financial Flows in Africa
WHAT: Training and Graduation ceremony for the first cohort of trainees of the Public Finance Management Academy for Africa; Dissemination of Benchmark Macroeconomic Models for… Read more »
Africa: COP28 - African and Mideast Leaders Welcome $10 Billion Safe Initiative to Tackle Food Security Amid Climate Crisis
Leaders from Africa and the Middle East launched a $10 billion public-private-partnership initiative during COP28 to transform food systems for millions of people facing… Read more »
Africa: The AfDB's Business Opportunities Seminar - Second Edition 2023
What : Read more »
Africa: Revolutionizing African Finance - Innovations Explored At COP28 Side Event
At COP28, The AfDB shared its expertise on innovative ways to tap finance for climate action and other priorities. Read more »
Africa: Mozambique - African Development Bank Grants $33 Million to Improve the Electrical Grid Near Borders With Malawi, Zambia and Zimbabwe
The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique. Read more »
Africa: COP28 - Italy Announces €5 Million Contribution to Sustainable Energy Fund for Africa
Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) Special Fund. The Italian Deputy… Read more »
