Today, nearly 2.5 million of the country’s 23 million inhabitants reside in the Cameroonian capital of Yaoundé – over 60% of which is covered by low income settlement housing. The Mfoundi Canal, the city’s main drainage system, has with time become a receptacle for household refuse, industrial...

The Global Environment Facility (GEF) announced on April 15, 2016, the approval of USD 18 million in funding for two projects co-financed with the African Development Bank (AfDB). The first project aims at supporting African countries to shift toward renewable energy (RE) infrastructure through the...

“We need to look afresh at agriculture in Africa as a series of systems, and to see it not as a way of life, but a business”, said African Development Bank Acting Vice-President for Operations, Kapil Kapoor, at a World Bank Spring Meetings panel on ‘The Future of Food’ on Wednesday. But the...

Six months into office, African Development Bank President Akinwumi Adesina looks back on his accomplishments and shares his vision for the Bank and for Africa over the next decade. In a 10-minute video, the President describes his vision for a better integrated Africa, with a wider market...

With African Development Bank (AfDB) support, Kenya has received approval from the Climate Investment Funds’ Clean Technology Fund (CIF-CTF) for a US $29.65-million concessional loan to co-finance up to two geothermal projects to increase the country’s power capacity, particularly drawing on...

The President of the African Development Bank Group (AfDB), Akinwumi Adesina, on Monday, April 5, 2016 had a one-day visit in Maputo, Mozambique, where he reaffirmed the commitment of the Bank to continue to support the growing Mozambican economy. Leading a team of senior Bank staff, Adesina had...

The African Development Bank (AfDB) Group President, Akinwumi Adesina, announced Friday a relief package of US $549 million in support of 14 countries most affected by the ongoing drought in Eastern and Southern Africa. The AfDB acknowledged the severe impact of the El Niño weather pattern...

The Paris Agreement on climate change of December 2015 has placed Africa at the fulcrum of renewable energy deployment, but African countries have to take the responsibility for taking stock for a long-term development strategy, international climate and energy experts said at a recent meeting in...