Press Releases

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  • From: 05/12/2016
  • To: 07/12/2016
  • Location: Abuja, Nigeria

Jointly organized by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (ECA) and the United Nations Development Programme (UNDP), the African Economic Conference (AEC) 2016 will take place in Abuja, Nigeria, from December 5 to 7, 2016 under the following theme: “Feeding Africa: Towards Agro-Allied Industrialization for Inclusive Growth”.

Categories: Nigeria, Agriculture & Agro-industries, Employment, Youth, Partnerships


23/06/2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved a €15.7-million senior loan through its private sector window to “Compagnie Agricole de Saint-Louis du Sénégal” (CASL) for a rice production project in Senegal River Valley. This project will contribute to three major priorities of the AfDB High 5s agenda: “Feed Africa”, “Industrialize Africa” and “Improve the quality of life for the people of Africa”.

Categories: Senegal, Agriculture & Agro-industries, Employment, Partnerships, Human Capital Development


23/06/2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved an agricultural transformation strategy for a competitive and inclusive agribusiness sector that creates wealth, improves lives and secures the environment.

Categories: Employment, Agriculture & Agro-industries, Food Production, Poverty Reduction, Human Capital Development, Youth


20/06/2016 - African Development Bank Group President Akinwumi Adesina and Quebec Premier Philippe Couillard discussed opportunities on the continent for private- and public-sector investment in the areas of energy, renewable energy and agro-industry.

Categories: Canada, Energy & Power, Agriculture & Agro-industries, Employment, Youth, Private Sector, Partnerships, President's Corner


10/06/2016 - The Board of Directors of the African Development Fund (ADF), the concessional arm of the African Development Bank Group (AfDB) on Wednesday, June 8, 2016 approved four operations amounting to close to US $45 million in lines of credit to African financial institutions under its Private Sector Credit Enhancement Facility (PSF). The four operations are credit risk participations in lines of credit of the African Development Bank to financial institutions in East, North, West and Southern Africa.

Categories: Private Sector, Infrastructure, Agriculture & Agro-industries, Partnerships


08/06/2016 - The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 150-million line of credit (LOC) to United Bank for Africa Plc (“UBA”) in Nigeria.

Categories: Nigeria, Private Sector, Infrastructure, Employment, Energy & Power, Health, Education, Agriculture & Agro-industries


06/06/2016 - The African Development Bank strengthens its longstanding partnerships with the Nordic countries this week as a high-level delegation, led by its President, Akinwumi Adesina, visits Norway, Denmark, Finland and Sweden.

Categories: Denmark, Finland, Sweden, Norway, Poverty Reduction, Partnerships, Energy & Power, Climate Change, Agriculture & Agro-industries, Water Supply & Sanitation, Infrastructure, Human Capital Development, Private Sector, President's Corner


27/05/2016 - The 51st Annual Meetings of the African Development Bank (AfDB) and the 42nd Meetings of the Board of Governors of the African Development Fund (ADF) wound up on Friday, May 27, 2016 in Lusaka, Zambia, after five days of intense engagements on the Bank’s operations and development issues.

Categories: Zambia, India, Energy & Power, Climate Change, Human Capital Development, Partnerships, Agriculture & Agro-industries, President's Corner


25/05/2016 - The African Development Bank Group (AfDB) and the Government of Egypt on the sidelines of the AfDB’s Annual Meetings in Lusaka on Wednesday, May 25, 2016 signed two grant agreements amounting to USD 860,000 to help finance water and agriculture projects in Egypt.

Categories: Egypt, Agriculture & Agro-industries, Infrastructure, Employment, Human Capital Development


24/05/2016 - The African Development Bank and Madagascar on Monday, May 23 2016 in Lusaka, signed a USD 1.1-million loan to support preparation of the country’s youth agricultural entrepreneurship programme.

Categories: Madagascar, Zambia, Agriculture & Agro-industries, Youth, Employment