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AfDB

AfDB begins study to link Cameroon, Chad by railway

Officials of African Development Bank (AfDB) said Friday studies were under way to construct a railway to link Cameroon and Chad. "There are three major...
Mothers-and-malnutrition

AUC, AfDB design special ways to trace nutritional growth

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

By 2020 Africa Would Have Its Working-Age Population At 1 Billion

Africa's working-age population is expected to rise from 705 million in 2018 to nearly 1 billion by 2030, leading to higher unemployment in the...

AfDB & Entreprenarium to support 200 women entrepreneurs in Kenya

A third round of two-week masterclasses on entrepreneurship, business development and financial management for women entrepreneurs organized by the African Development Bank in partnership...

AfDB approves US$12.6m to finance study on Abidjan-Lagos Corridor Highway

The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study...

African road safety leadership program: To help reduce rampant road-crashes.

The second Road Safety Leadership Program organized by the Africa Transport Policy Program (SSATP, an international partnership hosted by the World Bank), in collaboration...
Senegambia Bridgevideo

The Gambia opens bridge to connect north and south Senegal

The Gambia inaugurated on Monday Senegambia Bridge which links the northern and southern parts of Senegal at a ceremony attended by Gambian President Adama...

Akufo- Addo masks AfDB Plaque to Mahama school at Antieku

President Akufo-Addo has provoked yet another backlash after he allegedly plagiarized another infrastructural project which was completed by his predecessor, as his personal brainchild. Last...

AfDB Eager To Fight Against Climate Change In Africa

The curtain has fallen on COP24, this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to reach agreement...

AWF Commended For Delivering Its Mandate Since Its Inception

The Governing Council of the African water Facility (AWF) has commended the Facility for mobilizing over €1.4 billion for the implementation of projects. The...
The World Bank

Zimbabwe hopes to settle World Bank, AfDB debt by Close of 2019

Zimbabwe hopes to have cleared its US$1.8 billion arrears to the World Bank and the African Development Bank (AfDB) by end of next year,...

AfDB Introduces Maiden SOFR-linked Transaction In Green Bond Market

The African Development Bank has been rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million three-year and US$ 100 million...
AfDB

AU, AfDB Loud African Countries for Openness

The African Development Bank (AfDB) and the African Union (AU) on Wednesday commended African countries as they are becoming more open to each other. Reiterating...

AFAWA signs agreement with We-Fi to unlock Financial opportunities to women

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has signed a financial procedures agreement with the World Bank-led Women...

AfDB Moves To Boost Climate Risk Financing & Insurance for African Countries

The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and...

Africa spends an estimated US$35 billion per year on importing food

The African Development Bank is championing a new regional and global effort to transform the African Savannah from a “Sleeping Giant” to the cradle...

African Development Bank, World Food Programme move to aid South Sudan fight hunger...

The Government of the Republic of South Sudan today welcomed a contribution of US$ 43.57 million from the African Development Bank for the implementation...

HRH Muhammadu Sanusi II To Speaks At The AfDB Eminent Speakers’ Seminar

The African Development Institute, the knowledge promotion and capacity development department of the African Development Bank will host an Eminent Speakers’ Seminar on 29...

AfDB approves US$50mn facility to support SMEs & Women Owned Enterprises in Nigeria

The African Development Bank has approved a US$50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and medium sized, and...

Board approves €7 million investment in Partech Africa Fund

The African Development Bank’s efforts to channel critical investment funding to Africa’s entrepreneurs received a big boost on Thursday in Abidjan, where the Bank’s...

Rwanda and AFDB Signs A €229 Million Loan Agreement To Expand Electricity Projects

The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s program to improve...

AfDB, & partners’ innovative US $1 billion synthetic securitization: A model for global lenders

Room2Run, the African Development Bank and partners’ innovative US $1 billion synthetic securitization of a portfolio of seasoned African Development Bank private sector loans,...

AFDB Showcases Investment Opportunities In Africa To Nordic Investors

The African Development Bank in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to...

AfDB & other agencies move to connect 200 million households to electricity in...

African Development Bank has disclosed that a new technology and blended finance will help to bridge the “last mile” of the infrastructure gap by...

Africa Investment Forum: nearly 30 projects presented.

Investors and members of Mozambique’s business and financial community have presented nearly 30 development projects for the Africa Investment Forum (AIF), the African Development...
AfDB

ADB’s Board Approves Policy On Non-Sovereign Operations

The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO). The document provides the framework...

Akinwumi Adesina Eulogizes Kofi A. Annan

Akinwumi Adesina, the President of the African Development Bank, has noted that, he was with much sadness when he learnt of the death of...

ADB Continues To Mourn Kofi Annan

The African Development Bank continues to mourn the demise of the former Secretary General of the United Nations and Nobel Peace Prize Laureate Kofi...

Digitisation To Overcome African Trade Barriers

Digitally integrating Africa’s trade transaction ecosystem into a global economy offers Africa a unique opportunity to drive inclusive and sustainable development. Standard Bank’s achievements...
domestic air travel

AU urges expedited resource mobilization for operationalization of single African air transport market

The chairperson of the African Union Commission, Moussa Faki Mahamt, has called on the African Development Bank (AfDB) and other funding partners to expedite...

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