November 29, 2023
Africa: Resource-Rich Africa Has No Excuse to Remain Poor, Says African Development Bank President
"Our governments must realise their responsibility to lift people out of poverty and into wealth as quickly as possible. It is doable"--Adesina Read more »
Kenya: Kenya - African Development Bank Commits More Than €101 Million to Boost Access to Electricity
The Last Mile Connectivity Project - Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans. Read more »
Kenya: Kenya - African Development Bank Lends €73 Million to Improve Economic Governance and Boost Industrial Development
€73 million in funding from the African Development Bank will support the Kenyan government's efforts to strengthen the social protection system for the most vulnerable… Read more »
Ghana: The African Development Bank Launches Research Project On Grain Quality Grading and Certification in Ghana
Bowls full of grains displayed in a market in Accra, Ghana Read more »
Burkina Faso: Burkina Faso - African Development Bank Supports New Hygiene, Water and Sanitation Projects With €43 Million
The Minister for the Environment, Roger Baro (3rd from right) and the Bank's Country Manager, Daniel Ndoye (1st from left) took part in the launch ceremony of the two projects. Read more »
Africa: African Development Bank Revises Economic Forecast for Africa Downwards Amid Continued Global Shocks
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from 4.0% and 4.3%. Read more »
Africa: Adaptation Finance Summit for Africa At COP28
What: Adaptation Finance Summit For Africa at COP28 Read more »
November 28, 2023
Africa: Africa Urges a Spotlight On Climate Finance As the World Heads to COP28
The African Development Bank will mobilize financing for climate action at this year's UN Climate Change Conference, COP28, and amplify Africa's calls for robust commitments by… Read more »
November 27, 2023
Africa: African Development Bank Group's Participation At COP28
What: African Development Bank Group's participation at COP28 Read more »
Africa: African Development Bank Launches Usd 2 Billion 4.625 Percent Global Benchmark Due January 2027
The African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a new USD 2 billion long 3-year Global… Read more »
Africa: U.S. and African Development Bank Collaborate to Accelerate Africa's Digital Transformation
The U.S. Commercial Service and the African Development Bank have announced a new strategic collaboration in a move to drive digital transformation across Africa, Read more »
Nigeria: Nigeria - African Development Bank Approves $80 Million for Investment in Ekiti Knowledge Zone
With $80M in AfDB financing, Ekiti Knowledge Zone will attract private investment into the digital and knowledge economy sectors of Nigeria's Ekiti state and its neighbours Read more »
Africa: The Africa Climate Risk Insurance Facility for Adaptation (Acrifa) - De-Risking Investments in Climate Change Adaptation Through Insurance
WHAT: COP 28 side event: The Africa Climate Risk Insurance Facility for Adaptation (ACRIFA)- De-risking investments in climate change adaptation through insurance Read more »
Egypt: Egypt - African Development Bank Approves $131 Million to Promote Private Sector Development and Economic Diversification
Finance Read more »
Africa: Workshop On Leveraging Early Warning for Crises Prevention and Regional Stability
What: Workshop on Leveraging Early Warning for Crises Prevention and Regional Stability Read more »
November 24, 2023
Libya: The African Development Bank, Libya Strengthen Cooperation, Sign Funding Agreements
The African Development Bank has signed three technical assistance grant agreements with the government of Libya, reaffirming its commitment to the North African country. The… Read more »
Malawi: Simple Toilets Transform Lives and the Environment in Northern Malawi
In the picturesque rural setting of Nkhata Bay on the shores of Lake Malawi, a simple development has changed the lives of villagers in remarkable ways. Read more »
November 23, 2023
Africa: Webinar - Regulatory Independence and Autonomy
What: Webinar on regulatory independence and autonomy Read more »
Africa: Improving the Sustainability of Development Interventions - What Will It Take?
What: A learning event on Improving the sustainability of African Development Bank Group development interventions Read more »
Tanzania: Tanzania - Bank Operations Produce Results Beyond Expectations, According to the Tanzania Country Strategy Paper 2021-2025 Mid-Term Review
Mid-term implementation of the African Development Bank's Country Strategy Paper 2021-2025 for Tanzania shows a significant improvement in access to drinking water and the state of… Read more »
Africa: African Economic Conference 2023 - Experts Urge African Countries to Invest in Human Capital to Integrate Into Global Value Chains
Although African countries have improved their participation in global manufacturing value chains in recent decades, it remains low and dominated by exports of raw materials and… Read more »
Africa: African Development Bank, African Guarantee Fund Make Business Case for Investing in Africa's Women-Led Enterprises At Afawa Finance Series Kenya
AfDB Vice President, Regional Development, Integration and Business Delivery Marie Laure Akin-Olugbade (third from left) poses with Kenyan government officials and Jules Ngankam,… Read more »
Africa: African Economies Face Gaps in Macroeconomic Modeling Capacity Despite Progress, New African Development Bank Study Says
Special Advisor to the Ethiopian Minister of Planning and Development Shalom Gebredingel (left) and AfDB Vice President Kevin Urama launched the African Development Bank Group's… Read more »
Africa: Land Governance Critical to the Realization of the African Continental Free Trade Area, Say Experts
Land governance regulating access, use and ownership of land is critical to the successful implementation of the African Continental Free Trade Area (AfCTA) and is needed to… Read more »
November 22, 2023
Africa: Germany Pledges 4 Billion Euros in Africa's Green Energy - AfDB President Calls for Enhanced Partnership
"Produce green hydrogen and you can rely on us as buyers"--German Chancellor Scholz tells African leaders Read more »
