African Development Bank
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Dakar 2 Summit: Partnership to deliver technologies to farmers to feed Africa – says Adesina
The panel discussion was part of the three-day Dakar 2 Food Summit which was opened on Wednesday by Senegalese President…
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An African Development Bank project is creating skills and new jobs for the youth in Sierra Leone
The project has seen the training of young people in plumbing and business management An African Development Bank-funded project in…
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Africa’s economic growth to outpace global forecast in 2023-2024 – African Development Bank Biannual Report
African Development Bank’s new report calls for bold policy actions to help African economies mitigate compounding risks Africa is set…
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Achieving Zero Hunger in Africa is within reach, say global Agriculture leaders in Rome ahead of 2023 Africa Food Summit in Dakar
Rome, 9 December 2022 – Eradicating hunger in Africa by 2030 is possible, said global agriculture leaders in Rome. Meeting…
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African Development Fund mobilizes $8.9 billion for Africa’s low-income countries, the highest in its 50-year history
The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate…
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African leaders call for faster industrialization during African Union Summit
Bazoum called on African countries to entrench the rule of law to catalyze the emergence of the African private sector.…
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Conference of the Parties (COP27): African and global partners launch multi-billion alliance for green infrastructure
The Alliance’s mission is to raise significant capital to accelerate Africa’s just and equitable transition to Net Zero emissions. Alliance…
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Africa Investment Forum 2022 Draws $31 Billion in Investor Interest
A total of $63.8 billion of investment interest mobilized in 2022 This year’s just concluded Africa Investment Forum Market Days—the…
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Africa Investment Forum: African investors asked to mobilize more for infrastructure in Africa
At the November 2 opening of the 2022 Africa Investment Forum, panelists called on African investors to increase financing for African…
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Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small, medium and women-owned businesses
The project is expected to improve access to finance for at least 50 enterprises: 29 in the agribusiness and manufacturing…
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Zimbabwe Open for Business, says President Mnangagwa
President Mnangagwa spoke on Thursday at a special event on the margins of the Africa Investment Forum Market Days 2022…
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AFDB, Partners Launch $520 Million Special Agro-Industrial Processing Zones to Transform Nigeria’s Agriculture
By Samuel Ouma Nigeria, on Monday, October 24, 2022, launched the Special Agro-industrial Processing Zones (SAPZ) program, an initiative of…
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African Development Bank Provides Nearly €6 Million to Boost Food Production in Comoros
By Samuel Ouma The Board of Directors of the African Development Bank Group, on October 21, 2022, approved a €5.76…
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Five Public Development Banks sign Paris Gender Declaration
By Samuel Ouma Five new public development banks on Friday, October 21, 2022, signed onto the Paris Development Banks Statement…
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President Yoweri Museveni to highlight Africa’s massive oil and gas potential at AEW 2022
The Ugandan president will be delivering a Presidential keynote address at African Energy Week (AEW) By Boris Esono Nwenfor The…
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Cameroon: New African Development Bank Funds to Develop the Port Sector and Sustainable Urban Sanitation
The African Development Bank’s Director General for Central Africa, Serge N’Guessan, and Alamine Ousman Mey, Cameroon’s Minister of the Economy,…
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Cameroon: The African Development Bank and the government support a financing agreement to develop agricultural value chains
The Agricultural Value Chain Development Project will endow the Fund with €13.12 million, in addition to a partial credit guarantee…
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US government announces $5 million grant to support African Development Bank in tackling methane emissions
The grant, subject to the completion of US domestic procedures and approvals, will go to the multi-donor Africa Climate Change…
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Egypt, African Development Bank Group sign memorandum of understanding on the hosting of the 2023 Annual Meetings in Sharm El Sheikh
The Annual Meetings are the Group’s topmost statutory event The Government of the Arab Republic of Egypt and the African…
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2022 Africa Climate Week: Experts Discuss Africa’s Needs and Priorities Ahead of Conference of Parties 27 (COP27)
More than 1200 delegates attended the event, which opened in Libreville, Gabon on Monday, 29 August Amid a call for…
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Trinity Energy to Shape African Energy Week 2022’s Downstream and Midstream Discussions as Gold Sponsor
South Sudanese petroleum retail services firm Trinity Energy will be participating at this year’s edition of African Energy Week as…
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Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina
Adesina commended the Japanese government and private sector for their strong support to Africa’s development Japanese businesses should invest more…
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African Development Bank Optimistic about Economic Prospects for Southern Africa Region
Tshabalala attended the 42nd Ordinary Summit of Heads of State and Government of the Southern African Development Community (SADC) The…
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Averting an African food crisis: The African Emergency Food Production Facility
By Dr. Akinwumi A. Adesina* Fertilizer price hikes of over 300% make it increasingly difficult for African farmers to grow…
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Tap domestic sovereign wealth funds to build Africa back better, says Africa Investment Forum head
The Africa Investment Forum is Africa’s premier investment marketplace to accelerate transactions that close Africa’s investment gaps The head of…
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H.E Ibrahim Yacoubou to Promote Investment Opportunities within Niger’s Energy Sector During African Energy Week (AEW) 2022
The participation of H.E Yacoubou at Africa’s leading investment platform for the energy sector will be critical for highlighting Niger’s…
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Atlantic Council panel on 2022 African Economic Outlook pushes for ‘Africa agenda’ at COP 27
Africa deserves the highest priority attention at the United Nations climate conference, COP 27 to be held in November this…
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U.S. National Bar Association Honors Akinwumi Adesina with Distinguished Ronald Harmon Brown Award of International Distinction
The award is named in honor of Ron Brown, the first African American to Chair a major U.S. political party,…
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In Sierra Leone, Improved Access to Safe Drinking Water for More Than 700,000 People in Rural Areas, Thanks to the African Development Bank
The project received UA 25.57 million ($39.38 million) in funding from the African Development Fund Implemented in Sierra Leone between…
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Invest More in Africa—Akinwumi Adesina Urges Keen Irish Business Community
The exhortation from Africa’s premier development finance institution’s chief was matched by the Irish authorities’ publicly expressed enthusiasm about Ireland-Africa…
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