The African Development Bank received a first place “Gold Stevie” at the 18th Annual International Business Awards virtual event, in…
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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 conference in…
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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 the status…
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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 Risk Participation…
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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 projects to…
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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 2019, largely…
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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 Investment Bank…
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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 fight the…
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African Development Bank President visits Ethiopia
African Development Bank President Adesina Akinwumi visits Ethiopia and discussed on development related topics with Prime Minister of Ethiopia Abiy…
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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 to electrify…
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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 water security…
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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 and Mr.…
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