August 08
Africa: Strengthening Regulatory Role in Water and Sanitation Financing
What: Webinar on the regulatory role in water and sanitation sector financing Read more »
August 06
Comoros: Comoros - African Development Bank Approves Nearly $6 Million to Improve Financial Governance and Public Electricity Supply
The Board of Directors of the African Development Bank Group has approved a $5.94 million grant to the Comoros to support financial governance reforms and enhance electricity… Read more »
Madagascar: Economic Outlook - The African Development Bank Forecasts Growth for Madagascar of 4.5 Percent in 2024 and 5.3 Percent in 2025
The African Development Bank Group's Country Report 2024 forecasts vigorous economic activity for Madagascar, with expected growth of 4.5 percent in 2024, climbing to 5.3 percent… Read more »
Zambia: Zambia - More Than 460,000 People Will Soon Have Access to Improved Water and Sanitation Due to a Loan of $13.2 Million From the African Development Fund
The Board of Directors of the African Development Fund granted a loan of $13.2 million to Zambia in Abidjan on 17 July 2024 to implement innovative measures and improve access to… Read more »
Africa: African Development Bank to Intensify Investments in Clean Cooking Across Africa
The sprawling informal settlement of Mukuru on the outskirts of Nairobi holds powerful tales of how an innovative gas energy company is providing clean cooking solutions and… Read more »
August 05
Benin: African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The Board of Directors of the African Development Fund, the African Development Bank Group's concessional window, approved on Thursday a loan of $60 million to the Republic of… Read more »
Burkina Faso: Burkina Faso - African Development Bank Group Approves $39.2 Million Loan for Youth Resilience Project
The Board of Directors of the African Development Bank Group has approved a $39.2 million loan to Burkina Faso for a project to boost skill development and resilience among young… Read more »
Togo: Togo - The African Development Bank Grants a Loan of Over USD 26 Million to Develop Key Agricultural Sectors Through Private-Sector Investments
The Board of Directors of the African Development Bank Group have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone… Read more »
Comoros: African Development Fund Grants the Union of the Comoros $135 Million to Develop Its Ports and Facilitate Regional Trade
The Board of Directors of the African Development Bank Group has approved a $135 million package to the Union of the Comoros - its largest ever to the Indian Ocean archipelago - to… Read more »
August 02
Uganda: African Development Bank Calls for Increased Private Sector Engagement in Climate Finance At Uganda Conference
The African Development Bank has underscored the urgent need for increased private sector involvement in climate finance at a key meeting of African finance ministers. Read more »
Benin: Benin - The African Development Bank Supports a Study Aimed At Strengthening the Textile Industry Through the Private Sector
The Country Office of the African Development Bank Group in Benin - one of Africa's leading cotton producers - organised a workshop in Cotonou on 31 July 2024 to provide feedback… Read more »
Africa: Make Domestic Resource Mobilization Work for Africa's Structural Transformation
The implementation of the United Nations' Agenda 2030 for sustainable development and the African Union's Agenda 2063 hinges on Africa's ability to mobilize sufficient and timely… Read more »
Africa: Scaling Up Financing Is Key to Accelerating Africa's Structural Transformation
The calls for structural economic transformation in Africa date back to the 1960s when newly independent nations aimed to eliminate poverty through economic diversification,… Read more »
August 01
Africa: African Development Bank Invests $20 Million in Infrastructure Fund to Catalyze Continental Development
The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4 (AIIF4). The deal, signed on 31 July 2024, reinforces the… Read more »
Liberia: Propelling Growth - African Development Bank Reaffirms Support for Liberia Under New Government
African Development Bank Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he held high-level discussions with major stakeholders,… Read more »
July 31
Nigeria: African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic… Read more »
July 30
Africa: African Development Bank Launches 54 Country Focus Reports
The African Development Bank Group has launched Country Focus Reports designed to deepen policy dialogue on the macroeconomic performance and outlook of individual countries and to… Read more »
July 29
Africa: Italy's National Promotional Institution Cdp and African Development Bank to Invest €400 Million in Africa's Private Sector Growth
Italy's National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400 million over five years, to… Read more »
Comoros: Comoros - African Development Bank Provides $400,000 Emergency Aid for Populations Affected By Flooding and Cholera
The Board of Directors of the African Development Bank Group has approved a $400,000 emergency grant to support the Comoros' response to severe flooding and a cholera outbreak that… Read more »
July 26
Madagascar: Madagascar - African Development Bank Group Supports Public Procurement Reform
The Malagasy government has launched a comprehensive reform of its public procurement system, backed by the African Development Bank and the World Bank. Read more »
Angola: African Development Bank Approves $79 Million Loan to Boost Angola's Youth Employment in Agriculture and Transportation
The Board of Directors of the African Development Bank Group has approved a loan of $79.08 million to the Republic of Angola to promote youth entrepreneurship and employment in the… Read more »
July 25
Guinea: African Development Bank Reaffirms Support for Guinea's Economic Strides
The African Development Bank Group has reaffirmed its commitment to supporting Guinea's efforts to diversify its economy and mobilize domestic resources for crucial development… Read more »
July 23
Ethiopia: Ethiopia - African Development Bank Group Supports Development of National Circular Economy Roadmap
Ethiopia has commenced the process of developing a National Circular Economy Roadmap (NCER), with the support of the African Development Bank. The process officially started on… Read more »
Africa: African Development Bank Expresses Strong Support for AU Peace Fund Revitalization
The African Development Bank has expressed strong support for revitalizing the African Union (AU) Peace Fund, pledging to continue implementing innovative strategies to address… Read more »
Africa: Badea's 50th Anniversary - Leaders Unite to Celebrate Success, Urge Increased Africa-Arab Economic Collaboration
Ghana's President Nana Akufo-Addo and African Development Bank Group head Dr. Akinwumi Adesina joined dignitaries from Africa and the Arab world on Sunday for a 'Leaders'… Read more »
