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AfDB’s Africa Climate Change Fund dialogues with Global Affairs Canada delegation

The Director of the African Development Bank’s (www.AfDB.org) Climate Change and Green Growth Department, Prof. Anthony Nyong, on 25 April in Abidjan, received a delegation...

AfDB Group, Japan sign exchange of notes for $350m private sector assistance loan to finance Bank’s private sector operations

PRESS RELEASE ABIDJAN, Ivory Coast, February 21, 2023/ -- The African Development Bank (AfDB) and Japan have signed an exchange of notes for an eighth...

AfDB Group Appoints Ahmed Rashad Attout as Acting Director of the Financial Sector Development Department

Attout has been directly involved in the delivery and execution of key capital markets funded and unfunded operations of more than $4.5 billion in...

Ukrainian/Russian War: AFDB has put in place $1.5b Emergency Food Production Facility for Africa – Adesina

34 countries, 20 milion farmers to benefit ...having a cargo airport in the Ogun state would facilitate the development of agricultural value chain in the...

AfDB Group President appoints Senegal’s former Minister Amadou Hott as Special Envoy for the Alliance for Green Infrastructure in Africa

PRESS RELEASE The Alliance will mobilize up to $500 million needed for a robust pipeline of bankable, greener projects African Development Bank Group (AfDB) President Dr. Akinwumi...

AfDB secures $31bn at 2022 Africa Investment Forum

The African Development Bank says it raised $31 billion in investment commitments for projects during the Africa Investment Forum.  Akinwumi Adesina, president, AfDB, disclosed this at...

Islamic Bank, AfDB, others invest $618 million in Nigeria’s I-DICE

Agency Report The enterprises would create 6.1 million jobs and add $6.4 billion to the economy The African Development Bank (AfDB), the Islamic Development Bank (IsDB),...

US government announces $5 million grant to support AfDB in tackling methane emissions

The grant, subject to the completion of US domestic procedures and approvals, will go to the multi-donor Africa Climate Change Fund, which is managed...

African Economic Outlook 2022: AfDB, IMF experts underscore the urgency of climate financing for Africa

African Development Bank, AfDB, and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel discussion on...

AfDB to Launch Public Financial Management Academy to Build Capacity in African Countries

The Board of Directors of the African Development Bank on Wednesday approved the creation of a virtual academy to build public financial management capacity...
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