News & Events
05/12/2017 - The United Nations Development Programme launched its Income Inequality Trends in Sub-Saharan Africa report on Monday during the African Economic Conference in Addis Ababa, Ethiopia.
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.
09/11/2017 - The Sustainable Energy Fund for Africa (SEFA) has approved US$990,000 to eThala Management Services, to support the development of a 10-MW Biomass-to-Power plant to be located in Harding, 200 km south of Durban in the KwaZulu Natal Province of South Africa.
03/10/2017 - The Boards of Directors of the African Development Bank Group approved on September 6, 2017 the recommendations of the Second Monitoring Report of the Independent Review Mechanism (IRM) on the Implementation of the Updated Management Action Plan for the Medupi Power Project in South Africa.
29/09/2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and 1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa. The operation will support industrialization projects in both South Africa and other Regional Member Countries (RMCs).
19/08/2017 - The African Development Bank has given its support to Southern African leaders in their efforts to accelerate development and growth in the region. AfDB President Akinwumi Adesina was among a host of leaders who delivered remarks at the opening ceremony of the 37th SADC Heads of State Summit, which got underway in South Africa’s capital, Pretoria on Saturday. While lending the Bank’s support, the AfDB President also made a clarion call for action when it comes to power supply, agriculture investment, climate change, industrialization and domestic resource mobilisation in the region.
18/08/2017 - African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement on Friday, August 18, in Johannesburg, establishing the Bank’s Southern African Regional Development and Business Delivery Office in Pretoria, the country’s capital. The office will serve as one of five regional hubs for the pan-African development finance institution operations serving South, North, East, West and Central Africa.
- From: 19/08/2017
- To: 20/08/2017
- Location: Pretoria, South Africa
The President of the African Development Bank Group (AfDB), Akinwumi Adesina, will participate in the 37th Summit of Heads of State and Government of the Southern Africa Development Community (SADC) in Pretoria, South Africa, from August 19-20, 2017.
15/06/2017 - The African Development Bank (AfDB) Group and Export Trading Group (ETG) marked a significant milestone on May 30 with the signing of a US$ 100 million loan to finance part of the company’s Agricultural Investment Program (IP) in Africa which will promote employment for youths and women, and adopt an integrated value-chain approach that emphasizes access to regional and global markets.