Nigeria: Nigeria Becomes Largest Economy in Africa With $590.9 Billion GDP

Nigeria has become the largest economy in Africa and 26th largest in the world following the rebasing of its Gross Domestic Product from 1990 to 2010 constant prices. Following the… Read more »

Africa: AfDB Signs a U.S. $20-Million Trade Finance Line of Credit With Shelter Afrique to Support SMEs

The African Development Bank (AfDB), on Friday, April 4, 2014 in Nairobi, Kenya, signed a US $20-million trade finance Line of Credit with the Company for Habitat and Housing in… Read more »

Africa: NEPAD Commends AfDB for Capacity Building Project to Accelerate the Delivery of PIDA

Following the signing of the Capacity Building Project between the African Union Commission (AUC) and the African Development Bank (AfDB) during the meetings of the African Heads… Read more »

Africa: Twenty Years On, AfDB Remains Committed to Rwanda's Transformation

The African Development Bank is committed to Rwanda's vision of transformation to a middle income economy as it commemorates the 20th anniversary of the genocide against the Tutsi… Read more »

Tanzania: AfDB Approves Us $52.5 Million to Support Technical, Vocational Education

The Board of Executive Directors of the African Development Bank (AfDB) approved on Wednesday, April 2, 2014 an African Development Fund (ADF) loan of US $52.5 million for the… Read more »

Rwanda: AfDB Commemorates 20th Anniversary of Rwandan Genocide

On Monday, April 7, 2014, the African Development Bank held a memorial ceremony to honour the victims of the Rwandan genocide 20 years ago. The 20th anniversary, Kwibuka 20, serves… Read more »

Africa: Bank Group Approves Accelerated Repayment and Voluntary Prepayment of ADFLoans

The African Development Bank Group has approved a policy document on the Accelerated Repayment and Voluntary Prepayment of ADF Loans. Read more »

Rwanda: 'Remember, Unite and Renew' - The African Development Bank Stands With Rwanda

Heading for Kigali and the 20th Kwibuka, the official commemoration of the April 1994 genocide in Rwanda, the President of the African Development Bank, Donald Kaberuka, said on… Read more »

Africa: Entretien avec Leon Isaacs, PDG de DMA

Leon Isaacs est Pdg de "Developing Markets Associates Limited" (DMA), une entreprise britannique spécialisée dans la mobilisation de fonds dans les pays en… Read more »

Africa: AfDB and EU Commission Reinforce Partnership on Africa's Transformation

A joint commitment under the theme of "Investing in People, Prosperity and Peace" was at the centre of the African and European leaders meeting in Brussels yesterday and today. Read more »

Zambia: Zambia Finance Minister Welcomes Launch of Country-Focused Development Effectiveness Review

The African Development Bank (AfDB) launched the Development Effectives Review for Zambia on Wednesday, April 2, 2014 in Lusaka. The launch was attended by nearly all the… Read more »

Tunisia: Better Social Transfers Could Rid Tunisia of Extreme Poverty, AfDB Says

The 2011 revolution and subsequent social unrest revealed deep inequalities in Tunisia, bringing the issue of poverty to the fore and putting into serious question the performance… Read more »

Zambia: AfDB Launches Country-Focused Development Effectiveness Review in Zambia

- Results show Zambia is on track to become a strong and dynamic middle-income industrial nation by 2030. Read more »

Africa: Announcement for the Call for Papers for a Conference On Transforming Capacity for African Development

The African Development Bank (AfDB) through its capacity development department, the African Development Institute (EADI), and in collaboration with the International Food Policy… Read more »

Africa: African Union Commission and ADEA Pledge Collaboration to Improve Education As Africa's Young Population Booms

The African Union Commission (AUC) and the Association for the Development of Education in Africa (ADEA) have signed a Memorandum of Understanding (MoU) to work closely together on… Read more »

Botswana: Government and African Development Bank Discuss New Country Strategy for "Strong, Shared, Sustainable Growth" in Botswana

An African Development Bank team held discussions with the Government of Botswana during the week of March 24, 2014, to agree on areas of Bank support over the next five years. Read more »

Senegal: AfDB Injects 2.5 Billion CFA Francs Into a Support Project for the Virtual University of Senegal

The African Development Bank (AfDB) Group and the Government of Senegal signed a loan agreement on March 27, 2014 in Dakar for 3.38 million Units of Account (around 2.5 billion CFA… Read more »

Africa: Kaberuka Says More Transparency Needed On Money Sent Home By Africans Abroad

A meeting of African experts opened on 27 March 2014 in Tunis with remittances from African migrants as the topic for discussion. The question was given priority at the pan-African… Read more »

Africa: AfDB Says Stronger Governments and Private Sector are Keys to Ending Fragility in Africa

A new report issued on 26 March by the African Development Bank says there are three main actions that governments and the Bank can take together to bring an end to conflict in… Read more »

Nigeria: AfDB Board Approves US$ 205 Million Urban Water Supply and Sanitation Project for Nigeria

The Board of Directors of the African Development Bank, on 26th March 2014, approved a US$ 205 million Urban Water Sector Reform and Port-Harcourt Water Supply and Sanitation… Read more »

Nigeria: AfDB Approves US$ 125 Million Line of Credit to Zenith Bank for On-lending to SMEs

The African Development Bank (AfDB) has approved a US$ 125-million Line of Credit (LOC) to Zenith Bank PLC (Zenith) for on-lending to Small and Medium-sized Enterprises (SMEs) in… Read more »

North Africa: North African Women and SMEs - An Opportunity Hiding in Plain View

According to Leila Farah El-Mokaddem, the African Development Bank's new Resident Representative in Egypt, "the economic empowerment of women is a hidden opportunity for our… Read more »

Africa: Send Me the Money! How to Reduce the Cost of Migrant Remittances?

Sending money to Africa is expensive. How can the costs of migrant remittances be reduced in order to heighten their impact in receiving countries? This question and others are… Read more »

West Africa: ECOWAS Countries Move Forward on SE4All Initiative

The Economic Community of West African States (ECOWAS) Center for Renewable Energy and Energy Efficiency (ECREEE) convened representatives of the 15 ECOWAS countries for a kick-off… Read more »

Zambia: AfDB Leverages Support to Zambia's Agriculture Sector

The African Development Bank Group (AfDB) is leveraging support to Zambia's National Agriculture Investment Plan (NAIP: 2014-2018) with the approval of a US $31.12 million (UA… Read more »