September 13, 2023
Africa: Ethiopia - African Development Bank Approves $ 104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The funding from the African Development Fund and Korea's Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting… Read more »
Africa: African Development Bank Appoints Catherine Baumont-Keita Director, Office of the Senior Vice President and Management Operations Department
The African Development Bank has appointed Catherine Baumont-Keita Director in the Office of the Senior Vice-President and Management Operations Department. The appointment is… Read more »
Africa: Mozambique - African Development Fund Grants Over U.S.$6 Million to Strengthen the Private Sector and the Management of Public Finances
The African Development Fund supports Mozambique to develop the private sector and the management of public finances. Read more »
Africa: After 'Learn From Africa' Visit, Japan Sophia University Students Call for Stronger Partnerships Between Africa and Japan
Students from Sophia University in Tokyo, visiting the Bank. They are here with the Bank's administrator for Japan, Brazil, Argentina, Austria and Saudi Arabia, Takaaki Nomoto… Read more »
Africa: Korea and Africa Rally Additional Finance and Technology for Universal Energy Access and to Make Africa World's Breadbasket
33 African finance ministers, ambassadors, heads of pan-African institutions and NGOs, CEOs and Korean private sector leaders gathered in Busan for the 7th KOAFEC Ministerial… Read more »
Africa: Adja Sembene Fall, Senegalese 'Agripreneur' and African Development Bank Agripitch Competition Winner Says Digital Marketing Key to Luxury Tea Startup Success
AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company. Read more »
Libya: Statement By African Development Bank Group President Dr Akinwumi Adesina in Response to the Flood Emergency in Libya
On behalf of the African Development Bank Group, I extend our deepest sympathies to the communities impacted by Mediterranean storm Daniel in Libya. This storm has resulted in a… Read more »
September 12, 2023
Africa: African Development Bank Announces Investor Calls for Inaugural Usd Global Benchmark Sustainable Hybrid Capital Transaction
The African Development Bank today announces upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark Sustainable Hybrid… Read more »
Africa: Korea and the African Development Bank Strengthen Drive Towards Africa's Food Security
From left to right: Korea National Assembly's Forum for Africa Co-Chair Myoung Su Lee, African Development Bank President Akinwumi Adesina, Korea-Africa Foundation President Lyeo… Read more »
September 11, 2023
Africa: AfDB's Sustainable Energy Fund for Africa Welcomes $50 Million in New Commitments From Germany and USA At Africa Climate Summit
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) welcomes approximately $50 million in new funding contributions from Germany and the United States. The… Read more »
Africa: African Development Bank Group President, Akinwumi Adesina, Calls On Oxford Mba Graduating Class to Be Change-Makers
Graduating executive MBA students of Oxford University's Saïd Business School received wise counsel from African Development Bank President Dr Akinwumi Adesina on Friday. Read more »
September 10, 2023
Morocco: Statement From African Development Bank Group President Dr Akinwumi Adesina Following the Devastating Earthquake in Morocco On Friday Night, 8 September 2023
The earthquake that struck Morocco on the evening of Friday 8th September 2023 was devastating. With over two thousand people dead and thousands more injured, it has brought much… Read more »
Africa: Africa Food Systems Summit 2023 - African Development Bank Leads Charge for Better Food Systems
The 2023 Africa Food Systems Summit held recently in Dar es Salam has called on African leaders to build better food systems and promote food sovereignty, with youth and women at… Read more »
September 09, 2023
Africa: African Development Bank Group to Co-Host 7th Korea-Africa Economic Cooperation (Koafec) Ministerial Conference in Busan, Republic of Korea
African Development Bank Group president Dr. Akinwumi A. Adesina will lead a delegation to the 7th KOAFEC Ministerial Conference in Busan, Republic of Korea. Read more »
September 08, 2023
Africa: African Leaders Commit to Pursue Green and Inclusive Growth--Nairobi Declaration
African leaders ended the three-day Africa Climate Summit with a call to the global community to act with urgency in reducing emissions, honour a commitment to provide $100 billion… Read more »
September 07, 2023
Africa: GFANZ Africa Network, African Development Bank Announce Climate Action Partnership
New partnership seeks to engage African financial institutions on climate transition planning and finance Read more »
Africa: African Development Bank Unveils New Initiative to Cushion Farmers From Climate Change Effects
The African Development Bank has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA). The initiative is aimed at insulating countries against catastrophic… Read more »
Africa: Central African Republic - the African Development Bank Group Donates €12.62 Million to Support Workplace Reintegration for Communities Affected By the Political and Military Crisis
Funding Read more »
Central African Republic: Central African Republic - African Development Fund Provides U.S.$5 Million to Support Capacity Building for Public Officials and Improve the Management of Public Finances
Administrative authorities in the Central African Republic will benefit from financial support from the African Development Fund to improve their employees' working methods. Read more »
September 06, 2023
Africa: At Africa Climate Summit, Global Leaders Unite to Put Continent At Heart of Fight Against Climate Change
World leaders gathered in Nairobi at the invitation of Kenya President William Ruto (centre) voiced strong support for making Africa integral to global action efforts. Read more »
Africa: Africa Climate Summit - Global Leaders Place Africa At Heart of Fight Against Climate Change
Africa must step forward as the cornerstone around which effective climate solutions are Built - Kenya's President Ruto Read more »
Africa: $1 Billion to Boost Access to Climate Finance for Africa's Youths, African Development Bank Announces
In Nairobi, African Development Bank president Adesina announced a new $1 billion fund to accelerate climate financing for Africa's youth businesses. Read more »
Africa: African Development Bank to Hold 2-Day Inception Workshop to Kick-Start 22 New Special Agro-Industrial Processing Zones Programmes in Nigeria
What: Special Agro Industrial Processing Zones Program Phase II (SAPZ Phase II) Inception Workshop Read more »
September 05, 2023
Africa: African Development Bank Partners With Alliance for a Green Revolution in Africa to Sponsor Africa Food Systems Forum
Bank Vice President for Agriculture, Human and Social Development Dr. Beth Dunford, (fourth from left) who met with Tanzanian President Samia Suluhu Hassan in June, returns to Dar… Read more »
Africa: Africa Must Optimise All It Has to Achieve Universal Energy Access, Says African Development Bank Head
Dr Adesina addressed participants during the session on 'Harnessing Africa's renewable energy potential' on September 4th. Read more »