News & Events
18/01/2019 - A team of ten Executive Directors (EDs) from the African Development Bank will be on a three-day stakeholder consultation mission in the Kingdom of Eswatini (formerly Swaziland) over the period 27-30 January 2019.
18/01/2019 - Locally grown rice and vegetables are flourishing in Mozambique’s Massangena district, a testament to the success of an agriculture and rural development project that has brought massive dividends to inhabitants of the traditional farming region, once seen as semi-arid.
27/12/2018 - Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end. In just 24 months, travelling between the water-rich but land-locked Zambia and Botswana will get easier, smoother and faster, when the new road and rail bridge, currently under construction across the waters of the Zambezi, is commissioned for public use.
06/12/2018 - The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program - Phase 1 (SVTP-1), aimed at reducing poverty through the development of agricultural value chain and climate adaptation mechanisms.
30/11/2018 - The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to boost South Africa’s energy mix and hasten transition to renewable energy.
29/11/2018 - The Board of Directors has approved a ZAR 720 million loan to finance the Manzini Region Water Supply and Sanitation Project in eSwatini (former Swaziland). The project aims to expand access to adequate water and sanitation services for all citizens and to contribute to economic development and poverty alleviation in Eswatini.
29/11/2018 - Experts attending this year’s Africa infrastructure conference say the continent needs to accelerate its infrastructure development to match the continent’s growing population and rapid urbanization to achieve development goals.
27/11/2018 - Smart infrastructure investments underpinned by solid governance mechanisms and strategic partnerships, will be crucial to accelerating Africa’s regional connectivity and integration, investors and development experts said at the opening of the fourth annual Programme for Infrastructure Development (PIDA) Week in Victoria Falls, Zimbabwe.
26/11/2018 - Mozambique has made significant strides despite an economic slump over the past two years, according to the latest African Development Bank Country Result Brief. Between 2004 and 2015, Mozambique was one of Africa’s fastest-growing economies, but a drop in GDP growth poses a number of challenges for the Southern African coastal economy.
21/11/2018 - In this interview ahead of the 2018 Programme for Infrastructure Development in Africa (PIDA) Week taking place on 26 – 29 November 2018 in Victoria Falls, Zimbabwe, the African Development Bank’s Director for Regional Development and Regional Integration, Moono Mupotola, reflects on the challenges and pace of infrastructure development on the continent.