The 2018 Annual Meetings of the African Development Bank Group will be held on May 21-25, 2018 in Busan, Korea. Find out more
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.
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 expansion of the Dondo substation will not just light up households and family units. It will also power the industrial growth of the Sofala and Manica provinces, creating more dynamic markets for agricultural commodities and ultimately contribute to job creation and the economic growth of the country,” Filipe Nyusi, President of the Republic of Mozambique said at the commissioning ceremony of the Electricity IV Project at Dondo District in Mozambique.
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.
06/12/2017 - The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved US $ 985,000 to Parque Eólico da Namaacha S.A SPV, to support project preparation activities for a utility-scale wind farm project in Mozambique.
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.
28/11/2017 - The Management Board of the African Legal Support Facility (ALSF) met in Abidjan last week and reviewed the Facility’s work during the past year. The Board also addressed institutional matters and established priority plans for 2018.
23/11/2017 - The Board of Directors of the African Development Bank Group (AfDB) today approved US$10 million equity investment in Phatisa Food Fund2 (PFF2) to boost agriculture and nutrition across Africa.