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
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.
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.
04/06/2018 - During this year’s Innovation4Climate meeting in Germany, focused on “Adaptation metrics for innovative results-based adaptation and resilience finance,” the African Development Bank hosted a workshop on Tuesday, May 21, in cooperation with Perspectives Climate Group, The Higher Ground Foundation.
02/12/2016 - The African Development Bank (AfDB) Climate Investment Funds (CIF) unit released in November a new study which details regional member countries’ progress in ratifying the Paris Agreement and their efforts to transition Intended Nationally Determined Contributions (INDCs) into Nationally Determined Contributions (NDCs). The report found that in many countries, projected contributions will be conditional based upon receipt of climate finance support.
26/10/2016 - On Tuesday, October 25, 2016, the African Development Bank approved a US $25-million loan for a multinational project to establish a safety-of-life communications systems for Lake Victoria. The largest lake in Africa accommodates a fleet of 70,000 vessels, mostly individual fishermen, but lacks any alert or rescue systems. Consequently as many as 5,000 people die in the lake each year. The loan will finance the extension of GSM (Global System for Mobile Communications) networks on the lake and the creation of 22 rescues centres in Tanzania, Uganda and Kenya, contributing to save lives and stimulate business for the benefit of the economy of the entire Lake Victoria basin.
07/06/2016 - The Government of the Republic of Uganda recently commissioned the Ntungamo Water Supply and Sanitation System, financed by the African Development Fund (ADF). It is part of the second phase of the regional Lake Victoria Water Supply and Sanitation Program (LVWATSAN II).
10/12/2015 - African Environment Ministers, under the auspices of the African Ministerial Confer-ence on the Environment (AMCEN), have restated their resolve to collectively demand for a binding legal agreement from the ongoing UN climate conference in Paris (COP21).
03/12/2015 - The African Development Bank Transport Forum (ATF) 2015 ended on November 27, 2015, with the AfDB reiterating its support for transport development to ensure economic growth on the continent.
04/05/2015 - The Northern Transport Corridor in East Africa, extending from the port of Mombasa in Kenya and serving the hinterland countries of Uganda, Rwanda, Burundi, Eastern Democratic Republic of Congo (DRC) and South Sudan, is the busiest trade and transport corridor in East Africa handling the bulk of the region’s regional and international trade. While there have been major improvements in transport infrastructure for the corridor, it still faces challenges of road accidents due to long driving distances.