A recent evaluation conducted by the Independent Development Evaluation (IDEV) department of the African Development Bank (AfDB) has revealed that the Bank’s substantial investment in road infrastructure in Cameroon from 2004 to 2013 resulted in time savings and a 40-percent drop in transportation costs.

The President of the African Development Bank, (AfDB), Donald Kaberuka whose mandate ends on 31 August 2015, paid a farewell visit to Tunisia’s President Béji Caïd Essebsi on Friday. He expressed the Bank’s gratitude to the Tunisian government and people for the hospitality the Bank received during its relocation to Tunis from 2003 to 2014. 

"We are very grateful for what Tunisia has done for the African Development Bank," he said.

The African Development Bank Group (AfDB) and Fidelis Finance signed  on 30 July 2015 a loan agreement for the equivalent of EUR 2.5 million under the Africa SME Program on July 30, 2015 to support SMEs in Burkina Faso.

Africa50, the new and innovative infrastructure investment platform promoted by the African Development Bank (AfDB) held its Constitutive General Assembly on the 29^th of July 2015 in Casablanca, Morocco. Twenty (20) African countries and the AfDB have subscribed for an initial aggregate amount of USD 830 million in share capital.

The African Development Bank (AfDB) sold $20 million in infrastructure bonds to the Fukoku Mutual Life Insurance Company (Fukoku Life). Fukoku Life was the sole investor in the transaction.