News & Events
07/03/2018 - At its 19th Board Meeting in Songdo, South Korea, the Board of the Green Climate Fund (GCF) has approved the first funding proposal of the African Development Bank for Zambia's Renewable Energy Financing Framework. The GCF will provide a US$ 50 million loan and a US$ 2.5 million grant
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.
20/12/2017 - The African Development Bank is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the US $ 5 billion Nacala corridor rail and port project.
The Bank will support the project with US $ 300 million from its Private Sector Window.
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$10 million equity investment in Phatisa Food Fund2 (PFF2) to boost agriculture and nutrition across Africa.
10/11/2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 25 million in Kwacha equivalent to Zambia National Building Society (ZNBS).
22/09/2017 - The African Development Bank (AfDB) on Thursday, September 21, 2017, joined partners from the African Union Commission, African governments, key United Nations agencies and development finance institutions to renew support for African countries’ industrialization.
22/09/2017 - African leaders, UN officials, and representatives of international finance institutions and of the private sector met on Thursday, September 21 at the United Nations Headquarters to reaffirm their commitment to a broad-based international partnership to industrialize Africa in a socially inclusive and environmentally sustainable manner. The African Development Bank was represented by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate and Green Growth.