The Board of Directors of the African Development Bank Group (AfDB) through its private sector window approved on March 11, 2015 a US $50 million multi-currency line of credit (LoC) with a seven-year tenor to ABC Holdings Ltd. and its subsidiaries in Botswana, Mozambique and Zimbabwe. ABC...

Ten members of the Board of Directors of the African Development Bank (AfDB) participated in a consultation mission to Zimbabwe from February 22 to 28, 2015. The goal of the visit was to update the Executive Directors on current socio-economic developments, the implementation of AfDB-funded...

On the occasion of International Women’s Day, we share the stories of 25 women from across the African continent whose lives have dramatically improved, thanks to interventions financed by the African Development Bank.  Liliam Makosa Transboundary Animal Diseases Project, Zambia Using...

The Board of Directors of the African Development Bank Group (AfDB) through its private sector window approved on March 2, 2015 a US $3 million line of credit (LoC) equivalent in the local currency (Zambian Kwacha) to Madison Finance Company Ltd. Madison Finance Company (MFC) is a rapidly...

A delegation of African Development Bank Group Executive Directors is preparing to travel to Zimbabwe and Mozambique to assess the impact of Bank projects in the two countries.  The 10 Board members along with two Senior Advisors, representing 42 countries, will visit Zimbabwe from February 22...

The African Development Bank Group, on Friday, January 30, 2015 in Abidjan, received Hiroshi Kato, Japan International Cooperation Agency Vice-President, on a courtesy visit to the institution. Vice-President Kato and his delegation – which included JICA’s Representative in Côte d’Ivoire, Yonezaki...

On Thursday, January 22 in Davos, Switzerland, the African Development Bank (AfDB) and MasterCard announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to develop solutions that drive inclusive growth in Africa by broadening...

“Africa’s abundance of natural resources (forestry, agriculture, minerals, oil and gas), offer a major opportunity to close the development gap,” said African Development Bank’s Vice-President Aly Abou-Sabaa at the High Level Conference on Transparency and Sustainable Development held in Nouakchott...

The governments of Ghana and Togo signed on 12 December 2014 a memorandum of understanding (MoU) for the construction of an African Water Facility -supported pipeline to bring drinking water from the lower Volta River in Ghana to the city of Lomé in Togo and the Ghanaian communities along...