african development bank group
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Over 50 Million People Connected to Electricity Across Africa Under Mission 300
KAMPALA, June 17, 2026 — The World Bank Group and the African Development Bank Group have announced that Mission 300 has now connected more than 50 million people to electricity across 40…
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AfDB launches project to boost agriculture in Sudan
NAIROBI, June 9, 2026 — The African Development Bank Group [Bank Group] and the UN World Food Programme [WFP] have signed a US$ 87 million Boosting Agrifood Systems Resilience in Sudan Project, to…
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AfDB backs Africa’s insurance future with US$ 125mln
ABIDJAN, June 5, 2026 — The Board of Directors of the African Development Bank Group [AfDB] has approved, on May 22, a US$125 million equity investment in the African Trade and Investment…
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Africa Forward Summit backs new financial architecture to drive investment and jobs across continent
NAIROBI, May 14, 2026 — The African Development Bank Group has secured strong political backing for the New African Financial Architecture for Development [NAFAD] at the Africa Forward Summit, with African leaders,…
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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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