January 08, 2021
West Africa: After Success in Morocco, the African Development Bank Develops Another Giant Solar Power Plant in the Sahel
The African Development Bank, the leading financial partner of the Noor Ouarzazate complex, the world's largest solar power station extending over 3,000 hectares of desert in… Read more »
Africa: Chad - The African Development Bank Grants $11.26 Million for Women and Girls' Education
The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls' Education and Women's Literacy… Read more »
January 07, 2021
Africa: African Development Bank Board Approves a New Gender Strategy for 2021-2025
The five-year Gender Strategy will ensure the Bank fulfils its commitment to promote gender equality and women's empowerment across the full range of its operations and… Read more »
January 06, 2021
Africa: African Development Bank Group President to Join Global Leaders At One Planet Summit to Promote Climate Action in Africa
What: The 2021 One Planet Summit in Paris, France: Side event "Great Green Wall Investment Forum" Read more »
Africa: The African Development Bank Appoints Directors General and Deputy Directors General in Regional Offices
The African Development Bank Group is pleased to announce the appointment of Directors General for the East, Central and Southern Africa regions and Deputy Directors General for… Read more »
December 29, 2020
Africa: The African Development Bank Appoints Mr. Mohamed Cherif, Country Manager, Senegal
The African Development Bank Group is pleased to announce the appointment of Mr. Mohamed Cherif, as Country Manager, Senegal Country Office, effective 1st January 2021. Read more »
December 23, 2020
Africa: 2020 - the Year of the Pandemic and a New Era of Virtual Working
Nothing could have prepared the world for the onslaught of the novel coronavirus or COVID-19. Spreading rapidly across the globe following its outbreak in Wuhan, China, the virus… Read more »
Africa: African Development Bank Takes Steps to Accelerate the Circular Economy in Africa
With an initiative funded by the KOREA-AFRICA ECONOMIC COOPERATION (KOAFEC) focused on waste management, the African Development Bank aims to accelerate the circular economy in… Read more »
December 22, 2020
Africa: The African Development Bank and the Green Growth Knowledge Platform (Ggkp) Join Forces to Mainstream Natural Capital in Development Finance
The African Development Bank and the Green Growth Knowledge Platform (GGKP) have been awarded a two-year, CHF 241,875 ($273,439) grant from the MAVA Foundation to mainstream… Read more »
Africa: The Third Review of the Independent Review Mechanism (Irm) of the African Development Bank Group (AfDB) - Second Public Consultation Period
The Third Review of the Independent Review Mechanism (IRM) of the African Development Bank Group (AfDB) was approved by its Board of Directors in February 2019 and commenced in… Read more »
Africa: African Development Bank Group Approves Ua 16 Million to Strengthen Legal Expertise and Negotiating Capacities of Transition States
The Boards of Directors of the African Development Bank and the African Development Fund (ADF) have approved a grant of UA 16 million to the African Legal Support Facility (ALSF)… Read more »
December 21, 2020
East Africa: African Development Bank, Partners, Host Online Workshop On Enhancing Water Security in the Greater Horn of Africa
The African Development Bank and the Intergovernmental Authority on Development (IGAD), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures… Read more »
Africa: African Development Bank Unveils Top 20 Africavsvirus Winners in Virtual Event
The African Development Bank has announced 20 finalists of the AfricavsVirus Challenge who will receive a grant of up to $20,000 as well as access to business development and other… Read more »
December 18, 2020
Africa: African Development Bank Approves $7 Million in Sefa Technical Assistance to Transform Mini-Grid Investment in Africa
The Board of Directors of the African Development Bank have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a… Read more »
Africa: Invitation to Review the African Development Bank Group's Draft Strategy for Economic Governance in Africa (2021-2025)
What: Invitation to review the African Development Bank Group's draft Strategy for Economic Governance in Africa (2021-2025) Read more »
Africa: African Development Bank Group Approves Eur400 Million Lusophone Compact Guarantee Program to Boost Private Sector Development
The Board of Directors of the African Development Bank Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up… Read more »
Africa: Sahel Group of Five - African Development Bank Approves Program to Expand Solar Energy Generation Under Desert-to-Power Scheme
The Board of Directors of the African Development Bank approved on Wednesday a Desert-to-Power (D2P) technical support program that will advance the rollout of solar generation in… Read more »
Guinea Bissau: Guinea Bissau - African Development Fund Approves $9.8 Million to Guinea-Bissau for Covid-19 Relief and Resilience
The Board of Directors of the African Development Fund have approved a $9.8 million grant to Guinea Bissau for its national Control Support Project (PALPC), aimed at reducing the… Read more »
December 17, 2020
Madagascar: Madagascar - The African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project
The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and… Read more »
Africa: Africa Must Risk Capital for Its Youth, Adesina Urges
Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank President Akinwumi Adesina said at a… Read more »
Africa: The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (Pcer)
The African Development Bank is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16… Read more »
Africa: The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda
The African Development Bank is pleased to announce the appointment of Ms. Aissa Touré as Country Manager for Rwanda. Read more »
December 16, 2020
Africa: The African Development Bank Secures Nearly $90 Million in New Donor Funds to Transform the Sustainable Energy Fund for Africa
The African Development Bank announced $90 million in new donor commitments for the Sustainable Energy Fund for Africa (SEFA) during a virtual launch event held on Monday, in which… Read more »
Africa: AfDB Appoints Mr Gauthier Bourlard As Director and Special Advisor for Multilateral Development Banks, International Financial Institutions and Non-Regional Shareholders Relations, Office of the President
The African Development Bank Group is pleased to announce the appointment of Mr. Gauthier BOURLARD as Director and Special Advisor in the Office of the President, effective 1… Read more »
Africa: How Can Africa's Fashion Entrepreneurs Access Finance to Grow Their Businesses?
Enhancing access to finance for Africa's fashion entrepreneurs is critical if the industry is to develop its full potential and tap global markets in a post-COVID-19 world. That… Read more »