April 26, 2023
Africa: Nigeria - African Development Bank and Africa Fintech Network Sign $525,000 Grant to Strengthen Development of Fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a… Read more »
Seychelles: Seychelles Civil Society Organizations Open Day
What: Seychelles Civil Society Organizations Open Day Read more »
Africa: African Development Fund, Smart Africa Alliance Launch $1.5 Million Project to Enhance Digital Trade and E-Commerce Ecosystems Across Africa
The African Development Fund and Smart Africa Alliance have jointly launched a $1.5 million project to streamline digital trade and e-commerce policies across 10 African countries. Read more »
Africa: Japan - Smart Water Drainage Facility Reduces Cost of Damage Caused By Floods By 90 Percent
A paragon of climate adaptation at its best Read more »
Africa: The African Development Fund's New Climate Action Window, a Pivotal Instrument for Strengthening Africa's Climate Resilience
In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners… Read more »
Africa: UN Cites African Development Bank As a World Model in Climate-Adaptation Finance
As Africa's foremost development finance institution, the African Development Bank Group has significantly increased its commitments to climate finance since the 2015 United… Read more »
April 25, 2023
Africa: African Development Bank Group, Jica Sign $350 Million Loan Agreement to Support Africa's Private Sector
The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank's support for private… Read more »
April 24, 2023
Africa: Making Money Work for Better - Utilising International Financial Institutions' Reserve Finances for Sustainable Development
With Caribbean countries needing more than USD100 billion to fund sustainable development projects, we will look at new ways to unlock capital and work with financial institutions… Read more »
Africa: Africa / Climate Finance Facing Global Macroeconomic Challenges - Time for Private Sector Support
Africa, the continent that pollutes the planet the least, is today one of the world's most vulnerable to climate risks. While nations across the continent grapple with financing… Read more »
Africa: Natural Capital, an Option for African Governments to Finance Sustainable Development Goals
Africa must use all its comparative advantages to mobilize the resources it needs to finance its sustainable development ambitions. Since 2010, official development assistance has… Read more »
Africa: Private Sector Crucial to Overcoming Africa's Critical Investment Gaps - African Development Bank
Bank's partnership with the African Sovereign Investor's Forum represents important step in terms of increasing the leverage of investments as well as reassuring global investors… Read more »
Africa: Investing in Africa Is Profitable, African Development Bank President Tells Japanese Investors
The president of the African Development Bank Group, Dr. Akinwumi Adesina, has called for a significant increase in Japanese investment in Africa, saying the continent is the… Read more »
São Tomé and Príncipe: Sao Tome and Principe - African Development Bank Holds Civil Society Open Day
The African Development Bank Country Office in Sao Tome and Principe held its maiden Open Day on 23 March 2023 to discuss its country strategy and portfolio, opportunities, and… Read more »
April 21, 2023
Africa: African Development Bank, Ilx Sign Partnership to Mobilize European Institutional Capital for Sustainable Projects Across Africa
The new agreement will mobilize institutional investor capital in support of AfDB's private sector loan operations focused on African countries Read more »
April 20, 2023
Kenya: The African Development Bank, Kenya's Power Utility Ketraco Hold Workshop On PPP Law
The African Development Bank recently hosted a workshop for stakeholders in Kenya's energy sector to discuss the new Public-Private Partnership Act 2021 and how it can advance the… Read more »
West Africa: Côte d'Ivoire - Singrobo-Ahouaty, West Africa's First Private Sector-Financed Hydropower Plant to Supply Electricity to 100,000 Households and Reduce Greenhouse Gas Emissions.
Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north of Abidjan, achieved a completion rate of 78.93% as of end-March… Read more »
April 17, 2023
Africa: Evaluation of Lmcp Shows Significant Positive Impact and Need for Productive Use of Electricity
An impact assessment of Phase 1 of the Last Mile Connectivity Project in Kenya has established a need for the African Development Bank-supported initiative to encourage the… Read more »
Africa: Africa Knowledge Exchange Shares Perspectives On Protecting Forests, Fostering Climate Resilience and Empowering Communities
In March 2023, the Climate Investment Funds (CIF), the Government of Côte d'Ivoire, and the African Development Bank Group held a four-day event to share knowledge from 15… Read more »
Africa: Business Event - Japan-Africa Investment Ecosystem Co-Creation Forum
WHO: African Development Bank, KEIZAI DOYUKAI, United Nations Development Program Read more »
April 15, 2023
Africa: African Development Bank, European Union, and France Invest $300 Million in Tanzania's Hydropower Project
Kakono Hydropower Project to serve four million inhabitants and spur economic activity in the Kagera Region of Tanzania Read more »
April 14, 2023
Burundi: Burundi - African Development Bank Approves Trade Finance Transaction Guarantee Facility to Banque Commerciale Du Burundi (Bancobu)
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging… Read more »
Africa: African Development Bank Group 2023 Annual Meetings to Underscore Resource Mobilization for Climate Change
In just over a month, African Development Bank Group governors will come together in Egypt to find ways to mobilize the robust private investment Africa needs to meet its urgent… Read more »
Mauritania: Mauritanian Waste Collection Company Transforms Into a Profitable Venture From Nothing
Growing up in a humble neighborhood outside Nouakchott, the capital of Mauritania, Lehbib Mohamed El Kory was like many youth in town wasn't expecting much from life. But he… Read more »
April 12, 2023
Africa: Africa Fertilizer Financing Mechanism Governing Council to Support Entity's Resources Mobilization Efforts
The Africa Fertilizer Financing Mechanism's (AFFM) Governing Council committed to to mobilize funds to implement the AFFM's Strategic Plan 2022 - 2028 to support the increased… Read more »
Burundi: Burundi to Receive Support From the African Development Bank Group in Key Development Sectors
The African Development Bank Group will mobilise close to $4 million to help Burundi urgently procure over 3,000 tons of fertilizer over the upcoming agricultural season. The… Read more »
