African Development Bank
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AfDB, ESM sign MoU to enhance cooperation
WASHINGTON, D.C., April 18, 2026 — The African Development Bank Group [AfDB] and The European Stability Mechanism [ESM] have signed a Memorandum of Understanding [MoU] to formalise and strengthen cooperation between the…
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Africa’s economic resilience holds firm amid global headwinds, says new AfDB report
ABIDJAN, April 7, 2026 — Despite ongoing regional and global headwinds, Africa continues to demonstrate impressive resilience and maintains its status as a global growth frontier. This is the headline finding of…
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AfDB commits US$ 80mln to DRC’s first census in over 40 years
KINSHASA, April 7, 2026 — The African Development Bank Group [AfDB] has announced an US$ 80 million contribution towards the Democratic Republic of the Congo’s second General Population and Housing Census [RGPH2].…
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AfDB approves US$ 5.65mln for new off-grid climate finance in fragile African states
KAMPALA, March 30, 2026 — The African Development Bank Group [AfDB] has approved a US$ 5.65 million reimbursable grant from the Sustainable Energy Fund for Africa [SEFA] to pilot the Peace Renewable…
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AfDB convenes stakeholder workshop to scale youth-owned climate solutions
ABIDJAN, March 25, 2026 — The African Development Bank Group [AfDB] has concluded a stakeholder consultative workshop, bringing together business leaders, policymakers and development partners to advance youth-owned adaptation solutions supported by…
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Northern Uganda cotton revival gets Shs 7.2bln boost
KAMPALA, March 20, 2026 — Northern Uganda’s cotton farmers are set to reap big gains after the African Development Bank [AfDB] approved US$2 million [approximately Shs 7.2 billion] in technical assistance to…
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AfDB unveils Africa-wide aviation financing platform to turn growth into sustainable profit
KAMPALA, March 7, 2026 — With Africa poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focused on a central challenge: how to translate rising demand into sustainable connectivity,…
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AfDB Group funds regional health resilience drive in Southern Africa
ABIDJAN, March 5, 2026 — The Board of Directors of the African Development Fund [ADF] has approved a US$ 9.57 million grant to support countries of the Southern African Development Community [SADC]…
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From vision to capital: African blocs align to close the continent’s financing gap
KAMPALA, February 17, 2026 — African regional blocs have thrown their weight behind a new continent-wide financial reform agenda aimed at closing Africa’s vast development funding gap and mobilising domestic capital at…
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AfDB approves new programme to Help African countries turn energy promises into power for millions
ABIDJAN, January 31, 2026 — The Board of Directors of the African Development Bank [AfDB] has approved a new US$ 3.9 million, two-year technical assistance project to support African countries in the implementation of their…
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