AfDB
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AfDB approves equity investment in Currency Exchange Fund to support access to local currency financing across Africa
ABIDJAN, September 20, 2025 — The Board of Directors of the African Development Bank Group [ AfDB ] has approved an equity investment of US$ 25 million in The Currency Exchange Fund…
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Ethiopia: AfDB provides US$ 400,000 for public disclosure platform to boost capital market
ADDIS ABABA, September 18, 2025 — The African Development Bank Group [ AfDB ] and the Ethiopian Capital Market Authority [ECMA] have signed a grant agreement for US$ 400,000 for the set…
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African leaders, AfDB push for governance reforms, regional integration for Africa’s transformation
ABUJA, September 15, 2025 — African leaders, experts, the African Development Bank [AfDB] and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across…
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Sidi Ould Tah assumes office as 9th President of AfDB Group
KAMPALA, September 3, 2025 — Dr. Sidi Ould Tah has been sworn-in, as the ninth President of the African Development Bank Group [AfDB]. He took his oath-of-office on Monday in Abidjan, Ivory…
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Carbon Markets Africa Summit: Unlocking Africa’s Carbon Wealth Through Integrity, Action and Investment
KAMPALA, July 1, 2025 –– The award-winning VUKA Group has officially launched the Carbon Markets Africa Summit [CMAS], a purpose-driven, high-level continental gathering that will take place October from 21 to 23,…
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Ahead of COP30, Africa champions new approach to measuring green wealth of countries and incentivizing climate action
WASHINGTON D.C., April 29, 2025 — African leaders are advocating for a new approach to measuring the continent’s green wealth, emphasising that current gross domestic product measures in most African countries are…
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From Aid to Investment: Africa Investment Forum Builds US$ 225B Momentum in Making Continent Bankable
WASHINGTON D.C., April 24, 2025 — Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated US$ 29.2 billion of investment interest, its nine founding partners are bracing for an…
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AfDB leads efforts to amplify Africa’s climate priorities at COP29 in Baku
KAMPALA, November 12, 2024 — African Development Bank Group [AfDB] President Dr. Akinwumi A. Adesina will lead a delegation to this year’s UN Climate Change Conference, COP29, in Baku, Azerbaijan. Along with…
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Energy experts call for enhanced electricity regulations in COMESA
ADDIS ABABA, September 26, 2024– African energy experts and stakeholders have urged governments in the COMESA region to enhance electricity regulations. The group made the call recently as they convened in Addis…
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AfDB approves US$ 6.6mln grant to strengthen Somalia’s financial architecture for inclusive growth
ABIDJAN, September 17, 2024— The African Development Bank Group [AfDB] has approved a US$ 6.6 million grant to support the Federal Government of Somalia [FGS] in strengthening state capacity to build its…
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