July 21, 2022
Africa: Invest in Africa, African Development Bank Chief Urges Investors At U.S.-Africa Business Summit
The President of the African Development Bank Group Dr. Akinwumi Adesina has given strong assurance to U.S. investors that Africa is a secure, competitive and profitable market for… Read more »
July 20, 2022
Africa: Africa50 General Shareholders Meeting in Morocco Call for Global Investments in African Infrastructure
African Development Bank Group President and Chairman of the Africa50 Board of Directors, Dr. Akinwumi Adesina has highlighted the crucial role that Africa50 is playing to help… Read more »
Somalia: Somalia - African Development Fund Approves $5.4 Million Grant to Build Food Security, As Millions Face Crisis
The Board of Directors of the African Development Fund has approved a $5.4 million grant to support the building of urgently needed food security in Somalia. Read more »
Sierra Leone: In Sierra Leone, Improved Access to Safe Drinking Water for More Than 700,000 People in Rural Areas, Thanks to the African Development Bank
Implemented in Sierra Leone between 2013 and 2021, the Rural Water Supply and Sanitation Project has increased access to safe drinking water by 13% and to safe basic sanitation by… Read more »
Africa: African Development Bank to Present Report On Climate and Economics At the Atlantic Council in the US
What: Atlantic Council panel discussion on African Economic Outlook 2022 Read more »
Zimbabwe: Zimbabwe - African Development Fund Approves $25.65 Million Grant to Boost Food Production and Resilience
The Board of Directors of the African Development Fund has approved a grant of around $25.65 million to help Zimbabwe enhance domestic food production and supply. The funds were… Read more »
Africa: African Development Bank Technologies for African Agriculture Transformation (Taat) to Receive $27 Million for Emergency Production of 120 Million Tonnes of Food
The African Development Bank will release an additional $27.41 million to implement Phase II of its flagship agricultural initiative, "Technologies for African Agricultural… Read more »
July 19, 2022
Africa: African Development Bank Group Board Approves More Than $1 Billion for Emergency Food Production Plan
Facility targets 20 million African smallholder farmers to end reliance on food imported from Russia and Ukraine Read more »
Burundi: Burundi - The Government and the African Development Bank Pleased With Project Implementation
African Development Bank Group projects in Burundi are producing good results overall. A discussion took place in Bujumbura on 27-30 June 2022 between the Burundian government and… Read more »
Cote d'Ivoire: Côte d'Ivoire - African Development Bank and Government Discuss Projects and Prospects
What: Closing workshop of the dialogue on the country diagnostic note for Côte d'Ivoire Read more »
Africa: In Bugesera, Former Swamps Become a Source of Wealth and Schooling
Cyriaque Ndagijimana was a modest Rwandan farmer in Bugesera, a district in Eastern Province, Rwanda, known for its many marshes. While he managed TO provide for his family, he was… Read more »
July 18, 2022
Africa: Fitch Ratings Affirms African Development Bank At 'Aaa' - Outlook Stable
On July 13, the global credit rating agency Fitch Ratings affirmed the African Development Bank's long-term credit rating: AAA with a Stable Outlook. This is a very strong… Read more »
Egypt: Egypt - African Development Bank Approves US $ 271 Million for the Food Security and Economic Resilience Support Program
The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt's Food Security and Economic Resilience Support Program to support efforts to… Read more »
Nigeria: Nigeria - African Development Bank Board Approves $134 Million Loan to Boost Local Food Production
The Board of Directors of the African Development Bank Group on Friday approved a $134 million loan for the National Agriculture Growth Scheme - Agro Pocket program in Nigeria to… Read more »
Mozambique: Mozambique - African Development Bank, Green Growth Knowledge Partnership and World Wide Fund for Nature Host Dialogue On Mainstreaming Natural Capital for a Green Economy
The African Development Bank, the Green Growth Knowledge Partnership and the World Wide Fund for Nature (WWF), have hosted a dialogue to revalidate Mozambique's commitment to… Read more »
Africa: African Economic Conference Invites Researchers to Submit Papers for 2022 Edition
The organizers of the African Economic Conference have issued a call for research and policy papers that focus on the event's theme: Supporting Climate-Smart Development in Africa. Read more »
Zambia: African Development Bank Grants $1.4 Million to Export Trading Group to Strengthen Entrepreneurship Skills of Women-Owned & Led Businesses in Mozambique, Tanzania and Zambia
The Board of Directors of the African Development Bank Group has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned… Read more »
July 15, 2022
Tanzania: African Development Bank Group Approves $73.5 Million to Boost Food Production in Tanzania
The Board of Directors of the African Development Bank Group today approved $73.5 million to finance a program that will boost Tanzania's food production by a million tonnes in… Read more »
Kenya: Kenya - African Development Bank Approves $150 Million for Nairobi-Nakuru-Mau Summit Highway Project
The Board of Directors of the African Development Bank Group today approved financing of $150 million to Kenya to support a major highway development project under the government's… Read more »
Africa: South Sudan - African Development Bank Grants $8.1 Million to Support Food Production
The Board of Directors of the African Development Bank Group today approved a grant of $8.1 million to South Sudan to fund its Emergency Food Production Programme. Read more »
Africa: When Solidarity Becomes a Value Chain
Just a few years ago, Benina Bint Yahya was barely making ends meet in Nouakchott, the capital of Mauritania. Back then, Yahya and her eight children relied mostly on her husband's… Read more »
Africa: World Youth Skills Day July 15 - African Development Bank's Coding for Employment Program Selects 500 Digital Ambassadors to Lead Peer-to-Peer Training Model
The African Development Bank's Coding for Employment program has selected 500 changemakers, 45% of whom are women, from four countries for the pilot Digital Ambassadors Program. Read more »
Rwanda: Rwanda Joins African Development Bank-Supported Remote Data Collection Initiative
Rwanda has embraced the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative, a tool that enhances project-related data collection in remote areas. It is the… Read more »
Africa: African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat
The Board of Directors of the African Development Fund approved an $11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA)… Read more »
July 14, 2022
Central African Republic: Food Security - African Development Bank Donates $5.4 Million to Central African Republic for Food Security Project
The Board of Directors of the African Development Bank Group today approved a grant of $5.39 million to the Central African Republic. The grant will assist the production of an… Read more »