AfDB news

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…

5 years ago

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…

9 years ago

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 consulting…

9 years ago

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 preparation of…

9 years ago

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 preparation grant…

9 years ago

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…

9 years ago

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…

9 years ago

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…

9 years ago

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 Bank's High…

9 years ago

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…

9 years ago

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 described as “a…

9 years ago

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…

9 years ago

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 to support…

9 years ago

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…

9 years ago

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…

9 years ago

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 Agenda, during…

9 years ago

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…

9 years ago

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…

9 years ago

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…

9 years ago

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 his…

9 years ago

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 of…

9 years ago

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 climate change.…

9 years ago

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 sidelines of…

9 years ago

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,…

10 years ago

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, 2016 in Chimbombo, Zambia, for…

10 years ago

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 multilateral…

10 years ago

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 -…

10 years ago

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…

10 years ago

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 country’s…

10 years ago

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.…

10 years ago