24/04/2019 - The Agriculture Fast Track Fund (AFT), hosted by the African Development Bank, has announced Us$ 3,390,000 funding for 17 new small and medium enterprises in the agriculture sector as part of its transformative support for food security, income enhancement, job creation, and improving the livelihoods of smallholder farmers in Africa.
16/04/2019 - The manufacturing sector will hold the key to future growth in East Africa, the African Development Bank’s lead Economist for the Bank’s East Africa Regional Office has emphasised.
01/04/2019 - A year after the signing of the African Continental Free Trade Agreement (AfCFTA) in Kigali by 49 African states, and following the ratification of the agreement by Ethiopia on the first anniversary on 21st March, only one more state is now required to reach the minimum requirement of 22 ratifying states. This will confirm its entry into force, contributing to the creation of one of the potentially biggest free trade areas in the world.
27/02/2019 - East African governors of the African Development Bank on Wednesday commended the institution for approving transformative projects valued at $13.8 billion since 2010.
30/10/2018 - Tanzania’s alternative learning and skills development centers were constructed with African Development Fund (ADF) loan and grant totaling US$32.7 million. Designed to fill the gaps in non-formal education in Zanzibar, specifically on the islands of Unguja and Pemba, the project also financed equipment purchase and development of teachers’ manuals.
25/10/2018 - The African Development Fund, the concessional arm of the African Development Bank, extended loans of US$107 million to the Republic of Kenya and US$88 million to the United Republic of Tanzania to build a modern and more efficient “One Stop Border Post”. The financing also covered the construction of a 240-km road from Arusha through Namanga to Athi River, near Nairobi.
17/11/2017 - Receiving large numbers of refugees has a significant impact on human capital in the host country and especially on education and youth employment. This is the conclusion of a study entitled “The consequences for human capital of hosting refugees: Kagera case study”, presented on Tuesday, November 14, 2017 at the headquarters of the African Development Bank (AfDB) in Abidjan by Maryam Naghsh Nejad of the Institute of Labour Economics (IZA), in Bonn, Germany.
25/05/2017 - Making a difference in people’s lives requires effective and high quality operations for long-term impacts. Effective tracking and transparency in achieving impact are instrumental to achieve the High 5 goals.
To scale up its impact, the African Development Bank announced the winners of the Africa Development Impact during its Annual Meetings in Ahmedabad, India, on May 24, 2017, with Lerato Mbele acting as master of ceremony and Nollywood actress Omotola J. Ekeinde handing over the awards.
19/12/2016 - Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published a report of unprecedented scope, which measures the relevance, effectiveness, sustainability and efficiency of AfDB’s operations across the African continent over the past decade.
14/12/2016 - The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 67.27 million (USD 93.51 million) to the United Republic of Tanzania for on-lending to the Tanzania Agricultural Development Bank (TADB). The funding will contribute to supporting Tanzania’s agriculture sector and achieving the country’s development goals.