News & Events
11/07/2018 - Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million budget support loan to be provided by the African Development Fund, the concessional arm of the Bank Group.
09/07/2018 - The African Development Bank President, Akinwumi Adesina, has instituted a special prize for excellence in leadership in memory of Tonia Kandiero, late Director General of the Bank’s Southern Africa Regional Development and Business Delivery Office (d. June 28, 2017).
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.
- From: 24/04/2018
- To: 29/04/2018
- Location: Tanzania (Dar es Salam and Dodoma), and Kigali, Rwanda
President Akinwumi Adesina is attending the 2018 anniversary of the union between the Republic of Tanganyika and the People’s Republic of Zanzibar that gave birth to the United Republic of Tanzania.
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
07/03/2018 - In a historic first, East African Governors of the African Development Bank met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent's fast-growing powerhouse region.
Categories: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Partnerships, Private Sector, Youth, Employment, Poverty Reduction, Regional Integration, The High 5s, The President, Infrastructure & Regional Integration
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.”
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Nigeria, Ghana, South Africa, Youth, Poverty Reduction, Employment, Regional Integration, Partnerships, Infrastructure, Private Sector, The High 5s, Infrastructure & Regional Integration
21/12/2017 - The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in mid-market companies in East Africa.