President Buhari Says Nigeria will Support Adesina for his Re-election as AFDB President
President Muhammadu Buhari has said that Nigeria will stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as…
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AfDB news
The African Development Bank plays a key role in Mining Indaba
The African Development Bank is playing a key role in Mining Indaba, the world’s largest mining investment conference, which takes…
Swedish firm wins AfDB contract to develop a global ABM for climate resilience
The African Development Bank (AfDB), with support from the Climate Investment Funds (CIF), has awarded a contract to Swedish…
SEFA grants US $1 million to support Community-owned Hydropower Project in Kenya
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $992,000-grant to support the…
SEFA to support Tanzania in establishing a Renewable Energy Investment Facility
The African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) approved on November 29, 2016 a US $870,000…
AFDB approves Africa Renewable Energy Initiative (AREI)
The Boards of Directors of the African Development Bank (AfDB) have endorsed the proposal by the Bank’s Management to serve as…
AfDB to Accelerate Energy Access through an Innovative Pay-As-You-Go Payment Models
On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models to…
AfDB approves USD 100 Million to Seed the Establishment of FEI
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD…
Donors Pledges US $7.06 Billion to Support African Economies
A global coalition of donors pledged to support the structural transformation of African economies and the African Development…
AfDB and UBA Sign US$ 150 Million Loan Agreement
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA), has signed a US$ 150 million loan agreement to…
Phase two of Africa Climate Change Adaptation Initiative begins, COP 22 promoters are optimistic
Following the successful implementation of the first phase of the Africa Adaptation Initiative (AAI), which the promoters…
AFDB President Calls for the Fulfillment of the Pledges made in Paris
African leaders called for speedy action for the implementation of the commitments made at the COP21 in Paris, and urged the…
AfDB, GEF Reiterated their Commitment to Leverage Climate Finance for Urban Resilience in Africa
The African Development Bank (AfDB) and the Global Environment Facility (GEF) on Monday, November 14 reiterated their commitment…
Geothermal Energy can reduce Africa’s Energy Shortage
Lucy Wanjiru, aged 65, no longer has to walk over long distances to fetch water for domestic use, thanks to the Menengai…
France Provides €6-Million Grant to Support Africa Renewable Energy Initiative
The Government of France and the Africa Development Bank on November 6 signed a €6-million agreement for the implementation of…
Rwanda Minister, James Musoni Launches SE4All Action Agenda
The Honorable Minister of Infrastructure of Rwanda, James Musoni, officially launched on November 1, 2016, the SE4All Action…
AfDB Approves €900 Million to Finance Algeria’s Industrial and Energy Competitivenes
The Board of Directors of the African Development Bank (AfDB) on Wednesday, November 2, 2016, approved a €900-million loan to…
AfDB Approves US $600 Million Loan to Supports Nigeria’s Economic Governance
Executive Directors of the African Development Bank (AfDB) has approved a US $600-million loan, being the first tranche of a US…
AFDB President, Akinwumi Adesina makes First Official Visit to Finland
The President of the African Development Bank Group, Akinwumi Adesina, met with Finnish officials, in Helsinki, in the last leg of…
AfDB President Discusses Partnerships and Cooperation in Sweden
The African Development Bank Group President, Akinwumi Adesina, met with Swedish officials, in Stockholm, in the second leg of…
Japanese Investors and Partners Recognize Huge Potential of African Continent
The challenges facing Africa shouldn’t be recognized with pessimism, but must be seen as investment opportunities, says the Head…
AfDB Reaffirms Continues Support to Help African Countries Adopt and Mitigate Climate Change
The African Development Bank has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate…
African Legal Support Facility Unveils a New Resource Handbook
The African Legal Support Facility (ALSF) unveiled a new resource handbook titled Understanding Power Project Financing , on the…
AfDB Pushes Energy and Youth Job Creation Agenda at World Economic Forum 2016
The African Development Bank (AfDB) is participating in the World Economic Forum (WEF) on Africa taking place from May 11-13, 2016…
High Level Delegates Gather in Zambia to Launch the Sustainable Energy for All (SE4All) Country
Government officials, representatives of international organizations, private sector and civil society, gathered from May 4-6,…
Photos: Global Infrastructure Forum 2016, Washington
The inaugural Global Infrastructure Forum 2016 convening here today brings together for the first time the leaders of the…
The future of Africa lies Inside Africa, says AFDB President
"If we don't fix Africa's infrastructure financing gap - which we put at some US $60-70 billion a year - we will continue to take…
Can Africa be the Next Clean Energy Powerhouse?
Can Africa be the next clean energy powerhouse? That was the question posed by the second plenary panel at the Africa CEO Forum -…
AfDB Approves Over US $36 Million Support Package for Djibouti
The African Development Bank Group will help Djibouti to diversify its economy, improve governance and create employment for the…
AfDB Puts Energy on the Front Burner of Africa’s Development Agenda
Energy is the central theme of the African Development Bank’s 2016 Annual Meetings as well as its 2015 Annual Report. The theme,…