African Development Bank
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AfDB grants US$ 75mln loan to strengthen skills in prevention and treatment of cardiovascular diseases in Tanzania
DODOMA, December 3, 2024 — The Board of Directors of the African Development Bank approved a loan of US$ 75 million to Tanzania to fund the second stage of the Centre of…
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TZ marks record agricultural achievement as AfDB President Adesina urges investment in Africa
ABUJA, November 4, 2024 — Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is achievable. President Samia Suluhu…
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MDBs sign US$ 1bln exchange exposure agreement to increase development lending capacity to African nations
WASHINGTON, DC., October 28, 2024 — The African Development Bank (AfDB] and the Asian Development Bank [ADB] have signed a US$ 1 billion exchange exposure agreement [EEA] aimed at enhancing the African…
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Ninth Africa Energy Market Place held in Dar es Salaam ahead of key Africa Heads of State Energy Summit
DAR ES SALAAM, October 25, 2024 — Further to an April 2024 pledge by the Presidents of the African Development Bank and the World Bank to bring electricity access to 300 million…
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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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