The Global Environment Facility Council has approved a grant of USD 11.3 million, to be channeled through the AfDB, for climate adaptation activities in Cameroon, Djibouti and Kenya.   The Council’s Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) will finance...

In its cooperation with Africa the United Sates focuses on sustainable development outcomes based on economic growth, democratic governance, and sustainable systems for meeting basic human needs and food security. The U.S. government emphasizes the critical role good governance plays in development...

The Board of Directors of the African Development Bank (AfDB) approved on 26 June 2013 a senior loan of USD 80 million in local currencies for OLAM Africa Investment Program (OAIP) to deepen the integration of OLAM Group’s agricultural value chain by investments in processing of wheat and palm oil...

The project aims to improve the socio-economic conditions of the population of the South-West Region of Madagascar. These conditions have deteriorated considerably as a result of reduced pro-poor spending following the political crisis in the country since 2009, as well as the region’s extreme...

The African Development Bank (AfDB) Group approved on 19 June 2013, a US$ 18 million (UA 12 million) African Development fund (ADF) concessional loan to Zambia to finance the Country’s Livestock Infrastructure Development Support Project (LISP). The project aims to improve smallholder livestock...

The African Development Bank joined the international community in celebrating the World Day to Combat Desertification on Monday, June 17. This year’s theme is drought and water scarcity. African drylands are particularly vulnerable to water scarcity. While each person needs at least 2,000 cubic...

The African Development Bank will host a donors’ roundtable in September to help raise funds for the Lake Chad Basin Commission’s five-year investment plan (2013-2017), officials from the two institutions said Tuesday, 11 June 2013, at a meeting at the AfDB headquarters in Tunis. The AfDB has...

Converting Africa’s impressive economic performance over the past decade into greater gains on the Millennium Development Goals (MDGs) remains a primary challenge for Africa, according to a new report. Released on May 27 in Addis Ababa, The MDG Report 2013: Assessing progress in Africa toward...