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African Development Bank’s SEFA provides $7.88 million grant for African Just Energy Transition programme
05-Jul-2023 - The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent.
Launch of Tax Transparency in Africa 2023 report
05-Jul-2023 - WHAT: Launch of Tax Transparency in Africa 2023 report WHEN: Thursday, 6 July 2023 TIME: 09:00-13:00 South African Time (07:00-11:00 GMT) WHERE: Cape Town International Convention Center (CTICC), Cape Town, South Africa. Register here to attend online
Germany provides €10 million to NEPAD-IPPF to boost infrastructure development in Africa
05-Jul-2023 - caption (l-r): Helmut Gauges, Kfw Head of Financial Cooperation in Subsaharan Africa with African Development Bank Vice-President and Chief Financial Officer, Hassatou N’Sele. Berlin, 5 July 2023
Libya: African Development Bank, Government discuss strategy to bolster Food Security
05-Jul-2023 - Delegates in a group photo after the meeting
Africa50 invests in infrastructure worth over $6.6 billion in six years
03-Jul-2023 - AfDB President Akinwumi Adesina (3rd left), Togolese President Faure Gnassingbé (4th left) at Africa50 Infra Forum and General Shareholders Meeting in Lomé
Italy contributes EUR 5.5 million to African Development Bank Group’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to foster job opportunities, economic growth
30-Jun-2023 - Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed by the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund
African Development Bank, African Securities Exchanges Association sign agreement for $600,000 grant to expand network of linked African stock exchanges to 15
30-Jun-2023 - AfDB Vice President Solomon Quaynor (left) and Thapelo Tsheole, ASEA’s President and CEO of the Botswana Stock Exchange, signed a grant agreement for $600,000 for the African Exchanges Linkage Project in Gaborone.
African Development Bank to make US$11 million equity investment in BluePeak Private Capital Fund
30-Jun-2023 - The African Development Bank’s $11 million equity investment in BluePeak Private Capital Fund will support midsize pharmaceutical and other firms across Africa.
Seminar on African Development Bank’s African Economic Outlook 2023 for Asian Audiences
30-Jun-2023 - What: Presentation of the African Development Bank’s African Economic Outlook 2023 (Asian markets) Who: The African Development Bank Group and the Korea Institute for International Economic Policy (KIEP) When:
Nigeria: African Development Bank approves $115m loan to Abia State for road rehabilitation, erosion control and solid waste management
30-Jun-2023 - Loko, Nasarawa Nigeria - Road Construction
African Development Bank teams up with airplane manufacturers Airbus, ATR to boost African commercial aviation
30-Jun-2023 - The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines. The sessions, held on 14 and 15 June, will support the Bank’s efforts to develop and adapt financing instruments to the continent’s aviation needs, boosting its air transport market.
African Development Bank’s UMDF and ICEX Spain Trade and Investment team up to boost sustainable urban development in Africa
29-Jun-2023 - Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023.
USAID’s Power Africa, African Development Bank broaden cooperation on fighting energy poverty and climate change in Africa
29-Jun-2023 - Afdb Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi
Mozambique: African Development Bank adopts new Country Strategy Paper covering 2023-2028
29-Jun-2023 - The main objective of the Mozambique CSP 2023-2028 is to promote structural transformation by improving the country's fiscal situation, creating decent jobs and achieving inclusive growth
Transition Support Facility: Focusing on MSMEs for post-Covid reconstruction in Africa
27-Jun-2023 - To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in transition states and in particular, the crucial role of supporting micro, small and medium-sized enterprises (MSMEs).
Kenya: African Development Bank Group Board okays funds to support women and youth in agribusiness
26-Jun-2023 - The Board of Directors of the African Development Bank Group has approved an equity investment of €18 million in the Africa Guarantee Fund (AGF) and another €1.2 million to support youth and women entrepreneurs engaged in agricultural value chains in Kenya. The funding, approved on June 6, 2023, was provided by the European Union (EU) under its partnership with the African Development Bank Group.
African Development Bank chief to attend Africa50 Infra for Africa Forum and General Shareholders Meeting
26-Jun-2023 - What: Africa50 Infra for Africa Forum and General Shareholders Meeting Who: President of the Republic of Togo, Faure Gnassingbé; President of the African Development Bank, Dr. Akinwumi Adesina; CEO of Africa50, Alain Ebobissé; Director-General of the World Trade Organization Ngozi Okonjo-Iweala; ministers; global and African experts
African Development Bank receives five awards from EMEA Finance for its achievements in debt capital markets
23-Jun-2023 - The African Development Bank has received five awards in the 2022 Achievement Awards organized by EMEA Finance. The awards were announced on Thursday 8 June 2023 in London.
Summit for a new global financing pact: African Development Bank head says MDBs should leverage IMF Special Drawing Rights to fight climate change and push SDGs
23-Jun-2023 - African Development Bank head Dr Adesina ( third from left) on panel discussing SDRs and debt at the Summit For a New Global Financing Pact, Paris, June 22 2023