AfDB, Standard Bank partner to support SMMEs in Africa
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to…
African Development Bank
Africans visa-free movement discussed on sidelines of AU summit
On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration,…
African Development Bank finances climate resilience projects
The Board of Directors of the African Development Bank Group has approved over $31 million in funding under…
African Development Bank to build new headquarters
The African Development Bank Group’s Boards of Directors have approved yesterday the proposal by the Bank’s Management to…
Douala-Ndjamena economic corridor secures 330 million euro
The Board of Directors of the African Development Bank Group this week approved two loans to Cameroon designed…
African youth tech venture entrepreneurs tour South Korea
Twenty promising youth entrepreneurs from African technology ventures and enterprise support organizations have embarked on a two-week study…
African Development Bank to lend $165 million to Madagascar
The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar…
African Development Bank, TDB Group partner to finance trade in Africa
The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have…
Egypt’s largest wind energy project secures $170 million
The Board of Directors of the African Development Bank has approved a loan of up to $170 million…
AfDB to help Nigeria develop eight agro-industrial zones
The African Development Bank (AfDB) Group has reached an agreement with participating Nigerian state governments to speed up…
African Development Bank invests in Kenyan company
The African Development Bank (AfDB) has made a strategic equity investment of $10 million in Dhamana Guarantee Company,…
Equatorial Guinea enterprises to receive technical assistance
The African Development Bank Group has approved a project to boost local content for micro, small, and medium…
African Development Bank grants $67 million to Madagascar
The Board of Directors of the African Development Bank Group this week approved a loan of $67.3 million…
AfDB launches $2 billion 5-year social benchmark transaction
The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit…
Togo secures funding for agro-food processing zone
The Board of Directors of the African Development Bank Group (www.AfDB.org) have approved a loan of US $26.55…
Africa sustainable development report launched in New York
The United Nations Development Program (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development…
African Development Bank applauds Cabo Verde’s tech park
A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde…
How Ethiopia’s electric vehicle revolution paves sustainable future
By Henok Tadele HAILE – In the heart of East Africa, a green revolution is quietly unfolding. Ethiopia,…
African Development Bank provides $8.6 million to South Sudan
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant funding of $8.6…
Most African economies set to experience stronger growth
African economies remain resilient, despite challenges that are testing economies worldwide with of the economies set to experience…
African Development Bank outlines 2023 Dakar 2 Summit
Since the Dakar 2 Summit, six African countries have set up Presidential-level Councils to drive implementation of the…
Congo Brazzaville set to realize digital sovereignty
Jolting hammer blows, the sounds of iron bars under a workman’s blowtorch, the odor of fresh cement: at…
African Development Bank chief calls for balanced media coverage of Africa
The President of the African Development Bank Group, Dr Akinwumi Adesina, delivered an impassioned plea for more balanced…
Africa’s $824 billion debt burden hinders its economic potential
Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’…
Partnership to connect 300 million to electricity by 2030
The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at…
AfDB inaugurates regional office building in Cameroon
The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move…
African Development Bank conducts agribusiness meeting In Nairobi
The African Development Bank concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led…
African Development Bank to boost fertilizer production in Nigeria
The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and…
EC, African Development Bank unlock funding for infrastructure
On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group…
AfDB appointed new private sector development department head
The African Development Bank (AfDB) on Sunday appointed Aida Ngir Ngom as the new Director of its Private…