African Development Bank
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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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G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa
ABIDJAN, June 18, 2024 – G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US…
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AfDB launches continental network to spur home-grown solutions to debt challenges
ADDIS ABABA, June 15, 2024 – The African Development Bank’s African Development Institute on Thursday launched the African Debt Managers Initiative Network [ADMIN], a new programme to provide home-grown solutions to Africa’s…
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AfDB and Rwanda sign partial credit guarantee agreement to support green and social initiatives
NAIROBI, June 5, 2024 – The African Development Bank [AfDB] and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda’s mobilisation of financing for green and social…
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African Development Bank Group Unveils New Ten-Year Strategy 2024–2033
NAIROBI, June 1, 2024 – The African Development Bank Group has unveiled its new Ten-Year Strategy 2024–2033, a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back…
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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