News & Events
23/05/2017 - Developing Africa’s “grey matter infrastructure” through multi-sector investments in nutrition in Africa was a key focus Monday at the African Development Bank’s Annual Meetings in India.
Building on the AfDB President Adesina’s strong commitment to unlock sustainable economic growth, participants agreed that investing in physical infrastructure cannot help Africa to move forward without building brainpower.
23/05/2017 - The African Development Bank (AfDB) says the cost of malnutrition is too huge for Africa to ignore.
Speaking at a side event on “Developing Africa’s Grey Matter Infrastructure: Addressing Africa’s Nutrition Challenges” at the African Development Bank Group’s 52nd Annual Meetings in Ahmedabad, India, on Monday, May 22, AfDB Group President Akinwumi Adesina disclosed that stunting alone costs Africa $25 billion per year.
31/03/2017 - Low-income residents of the Ghanaian capital, Accra suffering from frequent cholera and flooding will soon experience some relief. The Board of Directors of the African Development Fund (ADF) on Tuesday, March 29, 2017 approved a loan of approximately US $ 49 million to the Government of Ghana to increase access to safe and sustainable sanitation and facilitate income generation support for urban and peri-urban poor residents of the Greater Accra Metropolitan Area (GAMA).
01/02/2017 - The African Water Facility (AWF) provided a grant of close to €2 million to the Government of the Republic of Rwanda to support the development of a 25-year national water supply and sanitation masterplans that will guide the achievement of national universal access for water supply and sanitation through the identification of effective water supply and sanitation projects.
16/11/2016 - The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost production and growth in Africa
09/11/2016 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, November 9, 2016 approved US $391 million to help finance a major water and sanitation program in Kenya.
08/11/2016 - Executive Directors of the African Development Bank (AfDB) on Friday, November 4, 2016 approved a US $1-million emergency assistance grant to support the fight against malnutrition in Nigeria’s northeastern state of Borno.
07/11/2016 - “Nothing could be more important,” African Development Bank President Akinwumi Adesina said Monday, as he addressed a high-level dialogue on strengthening public health security in Sub-Saharan Africa. “Health is wealth.”