African Development Bank receives Stevie Award
The African Development Bank received a first place “Gold Stevie” at the 18th Annual International Business Awards virtual…
African Development Bank
AfDB launches Climate Change, Green Growth framework
The African Development Bank Group has launched its Climate Change and Green Growth Framework at the COP26 climate…
Africa’s NDCs journey, imperative for climate finance innovation
The African Development Bank and partner institutions of the Africa NDC Hub have published a flagship report on…
African Development Bank approves $50 million for Standard Chartered Bank
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded…
African Development Bank grants $118 million to Ethiopia
The African Development Bank Group and the Government of Ethiopia have signed two separate grant agreements for new…
Recent macroeconomic, financial developments in Ethiopia
Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in…
G7 to invest $80 billion into African businesses
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European…
Guinea: African development bank approves $430,000 grant for ebola emergency relief project
The Board of Directors of the African Development Bank (AfDB) has approved a $430,000 grant to Guinea to…
African Development Bank President visits Ethiopia
African Development Bank President Adesina Akinwumi visits Ethiopia and discussed on development related topics with Prime Minister of…
Rwanda gets $84 million to boost electricity access
The Board of Directors of the African Development Bank Group has approved $84.22 million in loans and grants…
African Development Bank Board approves water policy
The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing…
African Development Bank debars Mactebac Contractors Limited
The African Development Bank Group announces the 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya…
Partners to unlock additional sustainable investment opportunities in Africa
The African Development Bank Group and the European Bank for Reconstruction and Development (EBRD) on Monday signed a…
African Development Bank provides $31 million grant to Ethiopia
The African Development Bank and the Government of Ethiopia have signed an agreement for a $31 million grant…
A rare scene in Niger during pandemic
Looking over his hectares of rice in Saga, less than 10 minutes from central Niamey, Garba Soumana’s face…
African development Bank set to fund women entrepreneurs
This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability…
African countries to double agricultural productivity
A coalition of multilateral development banks and development partners has pledged over $17 billion in financing on Friday…
Increasing debt suspension arrangements for low, middle income countries
Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday…
Women-led Kenyan design house wins Fashionomics Africa
The African Development Bank’s Fashionomics Africa initiative has named a women-led Kenya shoe design house as the winner…
Angola secures $530 million for energy project
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV…
African Development Bank finances electronic payments modernization of Ethiopia
The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch…
AfDB named world’s best multilateral financial institution
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development…
Achieving safe sanitation, wastewater management in Africa
The African Development Bank, the UN Environment Programme (UNEP) and GRID-Arendal have released the inaugural Sanitation and Wastewater…
Ethiopia, Sudan to link with 1,522 kilometres railway
NEWS- The Governments of Ethiopia and Sudan have launched a study to link the two countries with 1,522…
COVID-19 can accelerate African regional integration
The global response to the COVID-19 pandemic must be coordinated and targeted at livelihoods to prevent an upsurge…
Trading opens up northern Togo
Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer…
Namibia gets $129 loan to boost economy
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan…
Sierra Leone’s new road cuts travel times, transforms lives
For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be…
Displaced populations secure support at Global Refugee Forum
Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including…
Developing countries set to build extreme weather resilience
Twelve international organizations are set to assist developing countries to build resilience against the impact of natural disasters…