The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
05/12/2018 - Africa has access to a unique wealth of primary renewable energy supplies. It has enough solar, wind and hydro resources to power up the whole continent and to increase the economic development of all its countries. Unfortunately, those valuable resources have not been used well over the last decade. In 2017 it was estimated that two-thirds of Africa’s vast population (about 600 million people) currently have no access to energy, and only seven countries on the African continent have electricity access rates over 50%.
05/12/2018 - At just 12 years of age, Mounir Mbogo wades into the climate discourse and has sounded the alarm on climate impacts to humanity’s survival. On Tuesday 4 December 2018, Mounir from the Chadian capital N'Djamena made an impassioned plea for renewable energy, especially solar, in the African Development Bank Pavilion at COP24, Katowice, Poland.
04/12/2018 - This week in Poland, more than 20,000 delegates from 196 countries are participating in COP24, considered to be the most important climate conference, held this year in Katowice, heart of the coal industry in the country as well as Europe's worst air quality city mostly due to its continued reliance on coal for fuel.
02/12/2018 - The 24th annual conference of the United Nations Convention on Climate Change, known as COP24, opens on Monday, 3 December 2018, in Katowice, Poland.
The Bank at the forefront of Climate Change and ready to ensure the voice of 54 African countries is heard.
30/11/2018 - Spokesperson for Africa at the 2015 Paris climate talks (COP21), Mali’s Seyni Alfa Nafo was also the chief negotiator for all the developing countries within the G77 and China (more than 136 countries) on the issue of increasing the pace of climate action by 2020. Subsequently, , he was Chair of the African Climate Negotiators' Group (AGN) in 2016 and 2017, when he launched the landmark proposal for the Africa Renewable Energy Initiative. Still under the AGN, Ambassador Nafo continues to defend Africa's climate agenda, supporting all African Union initiatives and, most especially, those of the Committee of African Heads of State and Government on Climate Change (CAHOSCC).
29/11/2018 - The Paris Climate Agreement in 2015 was by far the most ambitious effort yet made to strengthen the global response to the increasingly urgent challenges of climate change, with headline commitments to limiting global warming to below 2°C above pre-industrial levels and to make efforts to limit the temperature increase to 1.5 °C.
26/11/2018 - Climate financing by the African Development Bank and the world’s other largest multilateral development banks rose by a record 28% to US$35.2 billion in 2017 from the previous year. This is the highest level since the annual reports of the MDBs were launched in 2011. Sub-Saharan Africa received 16 % overall of the total funds.
16/11/2017 - Africa Day, held on 15 November within COP23 in Bonn, was the springboard for the official launch of Africa NDC Hub, the African Platform for Nationally Determined Contributions (NDCs). This African Development Bank (AfDB) initiative is intended to help the 54 African countries fulfil their commitments under the Paris Agreement, in other words, to put their respective NDCs into action without neglecting their own development priorities.