african development bank group
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Côte d’Ivoire: AfDB boosts skills, market access and incomes for women farmers
ABIDJAN, March 10, 2026 — Less than a minute’s walk from a rural road north of Abidjan, the commercial capital of Côte d’Ivoire, what at first appears to be an ordinary field…
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AfDB and AU renew push for visa-free travel to accelerate Africa’s economic transformation
ABABA, March 1, 2026 — African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s…
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AfDB awards $16.6 million grant to IITA to scale agricultural technologies in Africa
ABUJA, February 28, 2026 — The African Development Bank Group [ AfDB ] and the International Institute of Tropical Agriculture [IITA] have signed a US$ 16.61 million grant agreement to launch the…
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Benin: African Development Bank to invest €102mln to boost poultry meat production
ABIDJAN, December 13, 2025 — The Board of Directors of the African Development Bank Group meeting in Abidjan today approved a €102.12 million loan to Benin to implement the first phase of…
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Africa: Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide
KAMPALA, September 11, 2025 — Multilateral development banks [MDBs] delivered a record US$ 137 billion in global climate finance last year—a 10 percent increase that underscores the growing scale of international climate…
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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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Sierra Leone and AfDB target US$ 90bln in annual illicit financial flows
FREETOWN, July 27, 2025 — A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated US$ 90 billion that Africa loses annually to illicit financial flows, as the…
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Benin: AfDB approves over US$ 30mln to protect farmers from climate shocks and food insecurity
ABIDJAN, July 26, 2025 — The Board of Directors of the African Development Bank Group [AfDB] has approved US$ 30.25 million in financing for a groundbreaking climate protection and agricultural sector resilience…
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AfDB approves €100mln to empower Morocco’s women and youth entrepreneurs in building inclusive and sustainable agriculture
RABAT, July 22, 2025 — The Board of Directors of the African Development Bank [AfDB] has approved a €100 million loan to support Morocco’s inclusive solidarity-based agriculture programme, focused on empowering women…
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Africa’s short-term outlook resilient despite global economic and political headwinds, says AfDB
KAMPALA, May 29, 2025 — Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and…
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