Togo: AfDB Mobilizes U.S.$ 8.93 Million of Adaptation Finance From the Global Environment Facility for Togo

The Council of the Least Developed Countries Fund (LDCF) hosted by the Global Environment Facility has approved on September 20, 2013 a project aiming at strengthening climate… Read more »

Africa: Regional Integration Key to the Development of South Sudan

In July 2011, South Sudan became the world's newest country, following a long-awaited referendum on independence. With the support of various civil society leaders, national and… Read more »

Africa: First Call for Proposals of Africa Trade Fund

The African Development Bank Group (AfDB) is pleased to announce the first call for proposals of the Africa Trade Fund (AfTra). Award amounts shall range from 50,000 USD to… Read more »

Southern Africa: Integration Represents Significant Opportunities for Landlocked and Small Island Countries

"Regional integration offers southern African countries substantial potential from competition and scale effects, but the gains are not automatic; careful design and sustained… Read more »

Africa: Forum On Africa - Leaders Discuss Challenges Ahead for Continent's Economic Transformation

The task is to unleash the full potential of the continent's natural capital - to which its growth is so closely tied - and in so doing to empower its human capital, which is what… Read more »

Africa: Kaberuka At OECD Forum On Africa - "Exclusion Has Devastating Consequences"

The task is to unleash the full potential of the continent's natural capital - to which its growth is so closely tied - and in so doing to empower its human capital, which is what… Read more »

Africa: AfDB Envisions Becoming a Leading Enabler in Capacity Development

Towards a Bank-wide Framework for Capacity Development was the theme of a workshop organized the African Development Institute (EADI) of the African Development Bank (AfDB) on 4… Read more »

Africa: Implementation of Agreed Policies Will Result in Deeper Market and Trade Integration

African policy-makers, government officials and development experts recognize the crucial role of regional integration in the development of African economies. They add that this… Read more »

Africa: African Countries Getting Ready for Green Climate Fund

The African Development Bank (AfDB) organized the first African stakeholder consultation meeting on the Green Climate Fund (GCF) in Tunis on 26-27 September, 2013. The objective of… Read more »

Zambia: AfDB Approves U.S. $150-Million Loan to Support Access to Reliable Electricity Supply

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 2 a senior loan of up to US $150 million to finance a 300MW coal-fired power plant as… Read more »

Ghana: SEFA and WAFCEF Partners Gather in Ghana

The Sustainable Energy Fund for Africa (SEFA), a multi-donor initiative administered by the African Development Bank (AfDB), will participate at the West Africa Clean Energy… Read more »

Africa: Red Cross Red Crescent and AfDB Enter Partnership On Food Security and Disaster Risk Reduction

The International Federation of Red Cross and Red Crescent Societies (IFRC) and the African Development Bank (AfDB) signed a Memorandum of Understanding (MoU) on Thursday, October… Read more »

Sudan: AfDB Grants U.S. $3.2 Million for Technical Assistance to Sudan for PRSP Preparation

On Thursday October 3, 2013, the African Development Bank (AfDB) and the Government of Sudan signed a Protocol of Agreement for Technical Assistance for the preparation of a full… Read more »

Africa: AfDB, Largest Financier of Clean Energy on the African Continent

Between 2011 and 2012, the African Development Bank (AfDB) increased by a staggering 92% its investment in clean energy in Africa, according to a new report by Bloomberg New Energy… Read more »

Africa: AfDB Invests U.S.$70 Million in PTA Bank to Boost Trade and Economic Growth in Africa

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 2, a financial package consisting of US $20 million in additional equity and a US… Read more »

Sierra Leone: Sierra Leone Receives Support for Green Growth With New AfDB Report

Report explores challenges and opportunities of growth in a fragile state Read more »

Kenya: First ADF Partial Risk Guarantee Approved in Kenya for Largest African Wind Power Project

The Board of the African Development Bank (AfDB) approved the Lake Turkana Transmission Line Delay Partial Risk Guarantee for €20 million, the first of the African Development… Read more »

Ghana: Ghana Set to Increase Community Engagement and Transform Its Forestry Sector

With African Development Bank (AfDB) support, Ghana has received $9.75 million approval from the Climate Investment Funds' (CIF) Forest Investment Program (FIP) to undertake the… Read more »

Africa: Public-Private Partnerships Promise a Bright Future for the African Pharmaceutical Industry

The African pharmaceutical sector is expected to grow tremendously in the coming years. The opportunity is such that public-private synergies are key to the development of the… Read more »

Africa: Participants Reaffirmed Their Commitment to Africa At ADF 13th Replenishment

Participants in the African Development Fund have reaffirmed their commitment to supporting Africa's continuing process of economic transformation, with a total replenishment… Read more »

Africa: Fundraising for Africa50 Infrastructure Fund

The African Development Bank and Made in Africa Foundation officially launched the fundraising for the Africa50 infrastructure fund on Thursday, September 26 at the NASDAQ Stock… Read more »

Zambia: Zambia Gets $38 Million Green Light to Increase Climate-Resilient Growth in the Kafue Sub-Basin

With African Development Bank (AfDB) support, Zambia has received approval for a $38 million infusion of support from the Climate Investment Funds' (CIF) Pilot Programme for… Read more »

Africa: Holding Excess Foreign Reserves Versus Infrastructure Finance

Financing infrastructure needs in Africa necessitates new thinking on financing mechanisms. Currently, there is a lively debate on the funding and use of foreign exchange (forex)… Read more »

Sierra Leone: AfDB Approves US $43.27 Million for Sierra Leone's Rural Water Supply and Sanitation Project

The Board of Directors of the African Development Bank (AfDB) Group met on Wednesday, September 18, 2013 in Tunis and approved US $43.27 million (UA 28.845 million) to finance… Read more »

Africa: AfDB Prices a New 5-Year Us Dollar Global Bond

This week, the African Development Bank priced a new USD 1 billion 5-year Global benchmark bond. This is AfDB's second fixed-rate USD transaction of the year after having issued a… Read more »