The African Development Bank (AfDB) and the Government of Rwanda signed a new African Development Fund loan financing agreement and an European Union (EU)  –Africa Infrastructure Trust Fund grant agreement for the amounts of  US$ 93.1 million and USD $ 22.4 million respectively to finance the rehabilitation and widening of the Kagitumba-kayonza-Rusumo road (208 km) and the associa

"With Africa50 we have an important partner, with all the enthusiasm and vigour that is necessary for Africa’s economic transformation," Akinwumi Adesina, the President of the African Development Bank (AfDB), told shareholders in Senegal.

Adesina spoke at the Shareholder Meeting of the Africa50 Infrastructure Fund (Africa50) in Dakar, Senegal, on Tuesday, September 12, 2017, where he solicited greater support for the Fund.

The Board of Directors of the African Development Bank Group (AfDB) on July 13, 2016 approved a USD 14 million senior loan through its private sector window to Form Ghana Ltd for restoration of degraded forest reserves through sustainably managed forest plantations. The Board decision supports the Bank’s contribution to inclusive and green growth, and its commitment to providing and leveraging well-placed finance for climate resilience.

Le président du Groupe de la Banque africaine de développement (BAD), Akinwumi Adesina, se rend au Royaume du Maroc pour une visite de travail, du 19 au 23 juillet 2016.

Il s’agit de la première visite officielle du président de la BAD au Maroc depuis qu’il a pris ses fonctions, le 1^er septembre 2015.

The African Development Bank has approved a USD 104 million loan to the Government of Ethiopia for a project which will sustainably extend power to industries, small businesses to enhance job creation and improve access to basic services in the country’s Tigray and Afar regions.