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AU, AfDB sign $4.8million grant earmarked for continental free trade secretariat

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The African Development Bank Group has signed a $4.8 million institutional support grant to the African Union (AU) for implementation of the African...

AfDB debars Lutoyilex Construct Ltd for fraudulent practices

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The African Development Bank Group on 16 July 2019, announces the debarment of Lutoyilex Construct Limited, a construction company registered in Nigeria and its...
World Health Day

AfDB joins the global call for universal health coverage for all

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African Development Bank Group, on the occasion of World Health Day 2019 renewed its call for firmer commitment to pledges made by...
afdb

Governors Hail AfDB’s Transformative Plan for Africa

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About 370 transformative bank projects worth $11.3bn were undertaken by the African Development Bank Group (AfDB) in the African region between 2010-2017. In 2018 alone,...
Mothers-and-malnutrition

AUC, AfDB design special ways to trace nutritional growth

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The African Union Commission (AUC), the African Development Bank Group (AfDB) and global partners have launched the Continental Nutrition Accountability Scorecard to raise awareness...
Nigerian Economy

AfDB Okays US$14.12 million to support Nigeria’s membership in ATI

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The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership...

AfDB Pumps US$18.17m For Solar Project In Kenya

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The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by...
AfDB

AfDB Urges Power Sector To Capitalize On Women’s Capabilities

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The African Development Bank Group, in partnership with the French Development Agency, Association of Power Utilities of Africa and African Network of Centers of...
AfDB

AfDB Commits US$ 15m Into Nkhata Bay Town Water Supply And Sanitation Project

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The African Development Bank Group, has approved a US$15 million grant from the African Development Fund (ADF) for a water supply and sanitation project...

ALSF Outdoors Academy Project

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The African Legal Support Facility (ALSF) has launched a flagship initiative, the “ALSF Academy Project." Under this initiative, the ALSF has developed a...

AfDB supports Cameroon livestock, fish farming with €84 million loan

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The African Development Bank Group has extended a loan of €84 million to Cameroon to support livestock and fish production in the central African...

Alleged fraudulent practices: AfDB debars Cameroon consulting firm.

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The African Development Bank Group has announced the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum...
business opportunity

6th EU-Africa Business Forum opens in Abidjan

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The 6th EU-Africa Business Forum opened in Abidjan, Côte d’Ivoire, on Monday, with an emphasis on job creation and investment in millions of young...
afdb

AfDB Commends Nigeria’s Economic Recovery and Diversification Plans

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The Nigeria House of Representatives has constituted a Tactical Committee on Economic Recession to guide innovative legislative actions by the House and the National...
afdb

AfDB to Offer Assistance in Sudan Resilience Building

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The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, 18 October 2017 approved Sudan’s Country Brief 2017-2019, designed to help...
afdb

AfDB Fund Board Okays Credit Enhancement Facility for the Private Sector

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The Board of Directors of the African Development Fund (ADF), approved on Wednesday, 11 October 2017 in Abidjan credit risk participations in eight loans...

Benin: AfDB Supports Complete Growth Via Agricultural Value Chains

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The Board of Directors of the African Development Bank Group (AfDB) has approved the institution’s intervention strategy in Benin for the period 2017-2021. The strategy...
Banks

Bank Group Accepts 2nd Monitoring Report on SA Medupi Power Project

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The Boards of Directors of the African Development Bank Group approved on September 6, 2017 the recommendations of the Second Monitoring Report of the...
afdb

AfDB and Korea Prepares for 2018 Annual Meetings

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The African Development Bank Group (AfDB) and the Government of Korea have officially launched preparations for the Bank’s 2018 Annual Meetings, to be held...

African bank supports US$6.5 million to help South Sudan

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A statement from AfDB received in Juba on Saturday said the funds from the Transition Support Facility-Trust Fund will strengthen efficient utility operations, private...
Climate change

World leaders disagree to agree on Climate deal

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As the eyes of the world turned on Paris for the much anticipated Climate Conference (COP 21), US President Barrack Obama agreed with proponents...

AfDB sees a 15.3% increase in its operations turnover

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The African Development Bank Group (AfDB) realised a 15.3 per cent increase in its operations turnover in 2014 despite the challenging global and regional...

Nigerian government seeks legislative support to increase foreign investment

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The Nigerian government will greatly improve the nation's foreign direct investment if the National Assembly passed its eight reform bills, the Bureau of Public...

Turkey Joins African Development Bank Group

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The Republic of Turkey participated in the African Development Bank Group?s Board Meetings for the first time last week in Tunis (http://www.afdb.org), following the...

AfDB Group Approves New Ten-Year Strategy

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The economic transformation of the African continent is the cornerstone of the African Development Bank Group?s new Ten-Year (2013-2022) Strategy. The Strategy, which has...