News & Events
04/01/2018 - On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”). This follows the approval of additional investments of US $10 million from Calvert Impact Capital (CIC), US $8.5 million from the Global Environment Facility (GEF) and €6 million from the Nordic Development Fund (NDF). In addition, the NDF will provide a €0.5-million grant for technical assistance to support deal structuring and capacity development.
16/12/2017 - On December 15, 2017, the African Development Bank (AfDB) approved the program “Multinational (Somalia/Sudan) Rural Livelihoods Adaptation to Climate Change in the Horn of Africa II (RLACC II)”. The program is funded by the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF) for a total amount of US $17 million. RLACC II aims to enhance rural livelihoods by reducing food insecurity through climate adaptive measures in pastoral and agro-pastoral communities. It is a clear response to the devastating drought, environmental degradation, and poverty in the Horn of Africa.
31/05/2017 - On May 24, 2017 at the 52nd Global Environment Facility (GEF) Council meeting, the GEF approved a total funding of US $11.2 million for two projects co-financed with the African Development Bank (AfDB). The projects, one in Mali (Scaling up a Multiple Benefits Approach to Enhance Resilience in Agro- and Forest Landscapes of Mali’s Sahel Regions) and the other in Benin (Sustainable Forest Management and Conservation Project in Central and South Benin) focused on the “poorest and most vulnerable”, particularly Least Developed Countries (LDCs), according to the GEF CEO Naoko Ishii. Mali and Benin are both LDCs and the projects will improve land and forest management to promote sustainable, resilient and healthy agro- and forest ecosystems. The projects comprise new funding for US $8.6 million (Mali) and US $2.6 million (Benin) with a total AfDB co-financing of $78.8 million.
14/03/2017 - On February 13, 2017, the Global Environment Facility (GEF) Council approved a total of US $ 4 million and US $ 2.6 million, respectively, for Lesotho and Malawi as part of additional financing projects with the African Development Bank (AfDB). The funds are mobilized under the Least Developed Countries Fund (LDCF) of the GEF.
07/12/2016 - Une étape de plus vers la mise en œuvre du programme « Energie et Eau pour la Vie » vient d’être franchie au Bénin. Grâce à l’assistance technique fournie par la Banque africaine de développement (BAD) depuis août 2016, le programme dispose désormais de données concrètes en termes de budget et de cadrage institutionnel, ce qui devrait lui permettre de mobiliser les fonds nécessaires à son déploiement sur le terrain.
15/11/2016 - The UN climate talks entered their second week in Marrakech, with Ministers and delegates discussing the progress made since Paris. The African Development Bank and its partners are hosting the Africa Pavilion, which provides a space to address issues affecting the continent. Events kicked Monday with a discussion of urban resilience.
26/10/2016 - On October 25 at the Global Environment Facility (GEF) Council meeting, the GEF approved the funding of USD 6.3 million for a regional project co-financed with the African Development Bank (AfDB). Funded by the International Waters (IW) window of the GEF, the project aims to strengthen transboundary cooperation and integrated natural resources management in the Songwe River Basin, shared by the countries of Malawi and Tanzania.
27/05/2016 - In Lusaka during this week’s African Development Bank (AfDB) 2016 Annual Meetings, the Bank and the Earth Journalism Network (EJN), environmental program of the media development NGO Internews, hosted a Journalist Training Program for a selected group of African journalists. With the Annual Meetings focused on the theme Energy and Climate Change, the training program was designed to help participating reporters deepen their understanding of the issues Africa faces in achieving climate-smart development, and make use of contemporary tools and techniques for enhancing reporting on these complex issues. The training program was a multi-partner effort of AfDB’s Energy, Environment and Climate Change Department, its Climate Investment Funds (CIF) and water and sanitation offices, and the Global Environment Facility (GEF), together with EJN.
03/12/2015 - The African Development Bank (AfDB) welcomes the new infusion of US $248 million for the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF), which was announced Monday at the global climate summit in Paris. The new money, pledged by 11 donor countries (Canada, Denmark, Finland, France, Germany, Ireland, Italy, Sweden, Switzerland, United Kingdom and the United States of America) in the UN Framework Convention on Climate Change (UNFCCC) meeting, opens the door for new critical support for adaptation in the world’s most vulnerable countries, including a majority of African countries.
01/09/2015 - Through the SE4All Africa Hub, the African Development Bank (AfDB) is now supporting the development of the SE4All Country Action Agenda and Investment Prospectuses in four new countries: Angola, Democratic Republic of Congo, Malawi and Zimbabwe, along with Kenya, Tanzania and Rwanda, which are already supported.