04/06/2018 - The first President of the African Development Bank group to set foot on São Tomé and Príncipe, Akinwumi Adesina has arrived in the country for a five-day official visit to strengthen alliances between his institution and this lower middle-income island nation with a fragile economy.
30/05/2018 - The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund (SIF). The ceremony was witnessed by Albert Mafusire, the African Development Bank’s Principal Country Economist for Somalia, who represented the Bank’s Deputy Director General for East Africa and Country Manager for Somalia, Nnenna Nwabufo; the Italian Ambassador to Somalia, Carlo Campanile; and the Federal Government of Somalia’s newly appointed Minister of Public Works, Reconstruction and Housing, Abdifatah Mohamed Ibrahim.
07/05/2018 - In line with its Light up and power Africa initiative, the African Development Bank is expanding access to reliable and affordable electricity with funding support for the construction of the Zuzu substation in Dodoma, connecting 121 villages to the power supply in the capital city.
30/04/2018 - Rehema Tukai grew up in Kondoa and works in Dodoma, Tanzania’s capital city. Until now, visiting her family in Kondoa involved a five-hour journey along a bumpy and dusty road. Thanks to a new road co-funded by the African Development Bank, it takes her a little over one hour to travel the same distance.
26/04/2018 - At a national event at Jamhuri Stadium in Tanzania’s capital, Dodoma, marking the 54th anniversary of the United Republic of Tanzania – the union of the Republic of Tanganyika and the People’s Republic of Zanzibar – Tanzania’s President John Pombe Magufuli praised the African Development Bank for financing projects that have had a transformative impact in his country.
19/03/2018 - The African Development Bank, the European Union (EU) Delegation in Rwanda, Embassy of Japan in Rwanda and Japan International Cooperation Agency (JICA) joined the Government of Rwanda to launch the rehabilitation and widening of the Kagitumba-Kayonza-Rusumo road works in the Eastern province of Rwanda.
15/03/2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Kimberly Heimert as General Counsel.
15/03/2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Raza Hasnani as Head of Infrastructure Investments for Africa50 Project Finance.
15/03/2018 - The President of the African Development Bank, Akinwumi Adesina, has commended the Government of Japan for its strong support of the Bank and its multi-billion economic transformation partnership with Africa. Adesina identified the private sector, energy and infrastructure development as key sectors that have benefited from Japan’s support.
07/03/2018 - The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.”
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