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
13/06/2017 - The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The expansion plan consists of construction of new facilities - including a 400-bed teaching hospital, an industrial research park, a post-graduate school, student hostels, a central library, and a small scale hydro power installation. The signing ceremony was held at AfDB premises in Abuja with representatives of the University and other lending partners (WEMA Bank, Sterling Bank, UBA, Union Bank and legal partners Templars) in attendance.
01/06/2017 - Grâce au fond fiducaire de coopération économique Corée-Afrique, la Banque africaine de développement (BAD) appuie le nouveau Programme de renforcement des capacités en nutrition et sécurité alimentaire en Afrique de l’Ouest (PRENFOS) avec un financement de 525 000 dollars EU.
30/05/2017 - Worried about the continent’s poor health indices, African countries are seeking greater partnership with India. The continent’s Ministers of Finance and Health, who are leading this drive, are seeking the scaling up of their bilateral cooperations with India for the improvement of healthcare for the African people. In the spirit of South-South cooperation, they are seeking to explore India’s leading role for more significant investment opportunities for both sides.
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.