July 07, 2023
Africa: Sefa Elevates Hydropower Modernisation As an Accelerator of Africa's Energy Transition
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has showcased hydropower as a key element of meeting the accelerating demand for renewable energy at… Read more »
Africa: Africa Makes Its Case for Circular Economy At the World Circular Economy Forum 2023, in Helsinki, Finland
At the 2023 World Circular Economy Forum in Helsinki, AfDB Director Dr Anthony Nyong discussed the role national roadmaps could play in creating an enabling environment for… Read more »
Africa: Portugal Affirms Partnership With African Development Bank and Lusophone Compact
Portuguese Foreign Affairs Minister João Gomes Cravinho (7th from left) with AfDB Senior Vice President Swazi Tshabalala( to his immediate right) and their teams. African… Read more »
July 06, 2023
Africa: African Development Bank Appoints Max Bankole Jarrett As Director of Strategy and Delivery in the Office of the President
The African Development Bank Group has appointed Josiah Maximilian Bankole Jarrett as Director of Strategy and Delivery in the Office of the President, effective 16 July 2023. Read more »
Africa: African and Global Institutional Investors Sign On to New $500m Infrastructure Fund
The fund will catalyse further investment flows into critical infrastructure, including energy, transportation, telecommunications, and water Read more »
July 05, 2023
Africa: Launch of Tax Transparency in Africa 2023 Report
WHAT: Launch of Tax Transparency in Africa 2023 report Read more »
Benin: Benin - African Development Bank Provides Ꞓ164 Million Loan to Tackle Urban Flooding Caused By Climate Change
African Development Bank financing will enable the Beninese authorities to improve rainwater drainage in the cities of Porto-Novo, Ouidah, Bohicon and Abomey. Read more »
Libya: Libya - African Development Bank, Government Discuss Strategy to Bolster Food Security
The African Development Bank has restated its support for the Libyan Government's agenda to boost food security and build resilience in the North African country. Read more »
Africa: Germany Provides Ꞓ10 Million to Nepad-Ippf to Boost Infrastructure Development in Africa
caption (l-r): Helmut Gauges, Kfw Head of Financial Cooperation in Subsaharan Africa with African Development Bank Vice-President and Chief Financial Officer, Hassatou N'Sele.… Read more »
Africa: African Development Bank's Sefa Provides $7.88 Million Grant for African Just Energy Transition Programme
The African Development Bank Group's Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition… Read more »
July 03, 2023
Africa: Africa50 Invests Over U.S.$6.6 Billion in Infrastructure in Six Years
African and global institutional investors to unlock infrastructure investment in Africa under new Fund Read more »
June 30, 2023
Africa: Nigeria - African Development Bank Approves $115m Loan to Abia State for Road Rehabilitation, Erosion Control and Solid Waste Management
The Board of Directors of the African Development Bank Group has approved a loan of $115 million to support a major road rehabilitation project in Nigeria's Abia State. The project… Read more »
Africa: African Development Bank to Make U.S.$11 Million Equity Investment in Bluepeak Private Capital Fund
The African Development Bank's $11 million equity investment in BluePeak Private Capital Fund will support midsize pharmaceutical and other firms across Africa. Read more »
Africa: African Development Bank, African Securities Exchanges Association Sign Agreement for $600,000 Grant to Expand Network of Linked African Stock Exchanges to 15
AfDB Vice President Solomon Quaynor (left) and Thapelo Tsheole, ASEA's President and CEO of the Botswana Stock Exchange, signed a grant agreement for $600,000 for the African… Read more »
Africa: Italy Contributes Eur 5.5 Million to African Development Bank Group's Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed… Read more »
Africa: Seminar On African Development Bank's African Economic Outlook 2023 for Asian Audiences
What: Read more »
Africa: African Development Bank Teams Up With Airplane Manufacturers Airbus, Atr to Boost African Commercial Aviation
The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines. Read more »
June 29, 2023
Africa: USAID's Power Africa, African Development Bank Broaden Cooperation On Fighting Energy Poverty and Climate Change in Africa
Afdb Director Daniel Schroth (left), and Power Africa's Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi Read more »
Mozambique: Mozambique - African Development Bank Adopts New Country Strategy Paper Covering 2023-2028
The main objective of the Mozambique CSP 2023-2028 is to promote structural transformation by improving the country's fiscal situation, creating decent jobs and achieving inclusive… Read more »
Africa: African Development Bank's Umdf and Icex Spain Trade and Investment Team Up to Boost Sustainable Urban Development in Africa
Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a… Read more »
June 27, 2023
Africa: Transition Support Facility - Focusing On Msmes for Post-Covid Reconstruction in Africa
To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in… Read more »
June 26, 2023
Africa: African Development Bank Chief to Attend Africa50 Infra for Africa Forum and General Shareholders Meeting
What: Africa50 Infra for Africa Forum and General Shareholders Meeting Read more »
Kenya: Kenya - African Development Bank Group Board Okays Funds to Support Women and Youth in Agribusiness
The Board of Directors of the African Development Bank Group has approved an equity investment of Ꞓ18 million in the Africa Guarantee Fund (AGF) and another Ꞓ1.2 million to… Read more »
June 23, 2023
Africa: African Development Bank, European Investment Bank, Islamic Development Bank and Who Launch New Investment Platform to Strengthen Primary Health Care Services
AfDB head Dr. Akinwumi A. Adesina with WHO Director General Dr. Adhanom Ghebreyesus Tedros and heads of other multilateral development banks at the launch of the Platfom in Paris.… Read more »
Africa: African Development Bank Receives Five Awards From Emea Finance for Its Achievements in Debt Capital Markets
The African Development Bank has received five awards in the 2022 Achievement Awards organized by EMEA Finance. The awards were announced on Thursday 8 June 2023 in London. Read more »
