News & Events
06/12/2018 - The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program - Phase 1 (SVTP-1), aimed at reducing poverty through the development of agricultural value chain and climate adaptation mechanisms.
26/10/2018 - The African Development Bank Group, has approved a US$15 million grant from the African Development Fund (ADF) for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.
25/10/2018 - Through the African Development Fund’s recent envelope of financial instruments, Malawi has received US$14 million for scholarships and infrastructure for its Higher Education, Science and Technology (HEST) program. The assistance will boost job creation and employment in the southern African nation. It also aligns with Malawi’s development goals.
16/10/2018 - The African Development Bank has approved its Country Strategy Paper for Malawi for 2018-2022. The strategy blueprint is part of ongoing efforts to boost economic diversification, reduce dependency on rain-fed agriculture and build resilience for growth in the southern African nation.
24/05/2018 - Ministers of Finance, Agriculture and Governors of Central Banks from African countries have called for further innovative financing mechanisms to deal with the impact of climate change, which has led to economic losses from cycles, conflict, insecurity and cross-border political instability in the Sahel region.
African Development Bank President Akinwumi Adesina attended the discussions by the Bank’s Board of Governors, emphasizing the Bank’s involvement in strengthening the technical cooperation between the Bank and the African Risk Capacity (ARC) to respond to climate change in Africa.
16/04/2018 - For the first time ever, the African Development Bank has released summaries of the African Economic Outlook (AEO), its main flagship report, in three African languages: Arabic, Hausa and Kiswahili. These three languages are among the most widely spoken by over 300 million Africans. Releasing the report in local languages aims to increase accessibility of the publication’s findings to a large segment of Africans and promote linguistic inclusiveness. This release is also the latest innovation for increasing the relevance and timeliness of the African Economic Outlook.
Categories: Niger, Mali, Benin, Morocco, Tunisia, Egypt, Algeria, Libya, Mauritania, Cameroon, Democratic Republic of Congo, Burundi, Burkina Faso, Côte d’Ivoire, Ghana, Nigeria, Sudan, Chad, Togo, Comoros, Kenya, Malawi, Mozambique, Uganda, Rwanda, Somalia, Tanzania
10/04/2018 - The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead the way to faster-paced development of the continent.
- From: 27/03/2018
- To: 29/03/2018
- Location: Accra, Ghana
The African Development Bank will launch 12 new projects funded by the Agriculture Fast Track Fund (AFT) on March 27-29, 2018 to support agribusiness SMEs in Ghana and five other countries - Burkina Faso, Ethiopia, Ghana, Malawi, Mozambique and Nigeria
20/12/2017 - The African Development Bank is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the US $ 5 billion Nacala corridor rail and port project.
The Bank will support the project with US $ 300 million from its Private Sector Window.
28/11/2017 - The African Development Bank (AfDB) and other participating co-lenders has signed agreements for the financing of the Nacala Corridor project. This is an integrated and transformative infrastructure project which consists of a 912-km railway and a port meant to unlock the Western region of Mozambique and landlocked Malawi. The total project cost is estimated at US$ 5b.