African Development Bank
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AfDB supports Biashara Africa 2024 Business Forum
KIGALI, October 16, 2024 — The African Development Bank has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held recently in Kigali, Rwanda. The meeting, organised by…
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500 stalls lie idle at Lira Main Market
LIRA, September 10, 2024 – Approximately 500 stalls and lock-ups at Lira Main Market in Lira City are currently vacant after vendors struggled to attract customers due to accessibility issues. The market,…
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African experts call for debt-free climate financing ahead of COP29
ADDIS ABABA, September 6, 2024 — Just two months ahead of the 29thsession of the global climate change negotiations in Baku, Azerbaijan, policymakers, experts and advocates at the 12th Session of the…
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AfDB top official tours major roads rehabilitation project in Kampala City
KAMPALA, September 3, 2024 – The Director for Climate Change and Green Growth at the African Development Bank [AfDB], Prof. Anthony Nyong, recently led the continent’s lender team to inspect the 69.2-kilometre …
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AfDB invests US$ 20mln in infrastructure fund to catalyse continental development
ABIDJAN, August 2, 2024 – The African Development Bank [AfD] has signed a US$ 20 million equity investment in the African Infrastructure Investment Fund 4 [AIIF4]. The deal, signed on 31 July…
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African Development Bank launches 54 Country Focus Reports
ABIDJAN, July 31, 2024 – The African Development Bank Group [AfDB] has launched Country Focus Reports designed to deepen policy dialogue on the macroeconomic performance and outlook of individual countries and to act…
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EAC embarks on upgrading Lwakhakha to One-Stop Border Post
BUSIA, July 23, 2024 – The East African Community [EAC] together with Kenya and Uganda is in the process of upgrading the Lwakhakha border post into a One-Stop Border Post [OSBP] as…
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AfDB’s sovereign portfolio retains top spot in 2024 Aid Transparency Index
ABIDJAN, July 17, 2024 – Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank’s [AfDB] sovereign portfolio as the most transparent. The…
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Centenary Bank says when women are given opportunity for financial inclusion, they can do miracles
KAMPALA, June 28, 2024 – The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024, Centenary Rural Development Bank exemplifies the spirit of this year’s…
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AfDB secures US$ 18mln GEF funding for Zambezi Basin and E-waste projects
ABIDJAN, June 27, 2024 – The African Development Bank [AfDB] has secured more than US$ 18 million in funding from the Global Environment Facility [ GEF ] for two major projects aimed…
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