African Development Bank
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News
AfDB Mulls US$ 500 Million Facility to Mobilise Financing for Smallholder Farmers
NAIROBI, March 22, 2025 — African Development Bank Group [AfDB] President Dr. Akinwumi Adesina has announced plans to launch a US$ 500 million facility designed to unlock US$ 10 billion in financing…
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AfDB, African Water Facility, Association of European Development Finance Institutions to hold Investment Event for Water and Sanitation in Africa
ABIDJAN, March 18, 2025 — The African Development Bank Group, African Water Facility, and the Association of European Development Finance Institutions will host a high-level event to generate investment for water and…
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EAC Partner States urged to adopt modern technologies in oil and gas sector to facilitate transition to clean energy
ARUSHA, March 13, 2025: East African Community [EAC] Partner States have been challenged to leverage the latest technological advances to align the oil and gas sector in the region to the global goal…
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Graft alleged in allocation of lockups and stalls in Masaka City markets
MASAKA, March 3, 2025 – Authorities and market vendors in Masaka City have raised concerns about corruption in the allocation of lockups and stalls in the new markets constructed by the government…
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AfDB, Interpol collaborate to combat financial crime and strengthen anti-corruption efforts in Africa
ABIDJAN, February 22, 2025 — The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the…
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For a successful integration, Africa needs an operating system update
DAKAR, February 20, 2025 –– Ask any traveler about their experience moving across parts of Africa, and you will likely hear about familiar challenges: high costs, indirect routes, and unpredictable schedules that…
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New report highlights Africa’s strengthening economic growth amid global challenges
KAMPALA, February 15, 2025 –– Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook [MEO] report released yesterday by…
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Africa delivers first mechanism for international cooperation on climate change adaptation under Paris Agreement
KAMPALA, February 6, 2025 — The African Development Bank’s Adaptation Benefits Mechanism [ABM], piloted across Africa since 2019, has become the first non-market approach registered on the United Nations Framework Convention on…
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Africa
Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit
DAR ES SALAAM, February 2, 2025 — African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000…
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Tanzania summit declaration vows to connect 300mln Africans with cheap electricity within five years
DAR ES SALAAM, January 29, 2025 — African leaders committed on Tuesday to delivering affordable electricity to 300 million people across the continent within five years. The pledge, known as the Dar es Salaam…
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