30 results
- 20 Jan 2021
AfDB, European Investment Bank Sign Joint Partnership Action Plan to Fast-track Development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities…
- 2 Oct 2017
AfDB to Promote Remittances into Africa
Africa Development Bank (AfDB) would promote remittances into Africa from its Diaspora community to boost the region’s economic growth, Gabriel Negatu, the bank’s Director General for East Africa…
- 16 Nov 2015
AfDB Reiterates Commitment to Infrastructure Development in Africa
The African Development Bank (AfDB) reiterating its commitment to supporting efforts seeking to address the continent's infrastructure needs. Moono Mupotola, AfDB's director for NEPAD, Regional…
- 29 May 2016
AfDB Supports Low-carbon Development in Africa
The African Development Bank (AfDB) has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate climate change. This commitment underpins its 2013-2022 Strategy…
- 19 Apr 2018
EIB, AfDB to invest US$70m in Development Bank of Nigeria
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment…
- 16 Jan 2015
AfDB Partners CSOs to Spur Development in Africa
A committee comprising the African Development Bank (AfDB) and Civil Society Organizations (CSOs) has been relaunched with the aim of fostering partnership between the two players in order to enhance…
- 13 Aug 2025
AfDB Adopts AI to Fast-track Africa’s Development Blueprint
The African Development Bank (AfDB) is betting big on Artificial Intelligence (AI) as a catalyst for delivering Africa’s ambitious Agenda 2063. With hands-on training in tools like ChatGPT and Google…
- 19 Jun 2013
AfDB, UN University Ink MOU on Sustainable Development in Africa
Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, rector of United Nations University (UNU), signed a Memorandum of Understanding (MOU) to foster research…
- 23 Nov 2016
World Bank, AfDB Launch Website for Aid Transparency Data
The African Development Bank (AfDB) took a step toward increased transparency with the release of AfDB data on AidFlows (www.aidflows.org), a website that visualizes global development aid. The new…
- 9 May 2013
Nigeria Owes The World Bank, AfDB $5.3Bn
Nigeria is owing the World Bank Group and African Development Bank (AfDB) has reached $5.34billion, accounting for 80.19 per cent of the country’s total $6.67 billion external debt. The country’s…
- 18 Dec 2023
UBA Secures $175m Facility from AfDB to Support Private Sector, Infrastructure Development
United Bank for Africa(UBA) has received a $175 million financial package from Africa Development Bank (AfDB) Group, towards enhancing its support to the private sector and financing of…
- 12 Apr 2018
AfDB Launches the Africa Investment Forum
The African Development Bank will officially launch the Africa Investment Forum (AIF) ‒Africa’s premier investment marketplace − on April 19, 2018 in Johannesburg, South Africa. The launch is a…
- 27 Sept 2022
Microsoft, AfDB Partner to Help Africa’s Youth Scale into Business
Microsoft is expanding its partnership with the African Development Bank (AfDB) to support Africa’s youth entrepreneurs under the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative.…
- 12 Feb 2016
AfDB Launches First Africa Visa Openness Index
The African Development Bank (AfDB) has launched the first Africa Visa Openness Index, which shows how Africa remains largely closed off to African travellers. On average Africans need visas to…
- 2 Oct 2013
AfDB Invests $70m n PTA Bank to Boost Trade in Africa
Board of Directors of the African Development Bank (AfDB) has approved a financial package consisting of $20 million in additional equity and a $50-million line of credit (LOC) to finance projects in…
- 13 Aug 2014
AfDB, ADEA, Launch 2014 Education Research in Africa Award
Association for the Development of Education in Africa (ADEA) and the African Development Institute (ADI) of the African Development Bank (AfDB), with financial support from the Korea-Africa Economic…
- 13 Nov 2018
AfDB Launches Africa Energy Portal
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg The AEP portal, hosted at http://Africa-Energy-Portal.org , will consolidate,…
- 27 Jan 2025
AfDB, World Bank Collaborate to Transform Africa’s Energy Access, Connect 300 million by 2030
Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to implementation, participants at the Africa Energy Summit in…
- 2 May 2023
AfDB, Africa Fintech Network sign $525,000 Grant to Strengthen Fintech in Africa
The African Development Bank, has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for…
- 29 Jul 2016
AfDB Identifies Focus Areas for Development in Africa
African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015 edition of…
- 3 Jun 2013
Visa Requirements Hamper Trade, Job Creation in Africa-AfDB
Professor Mthuli Ncube, Chief Economist and Vice-President of the African Development Bank (AfDB), has said that Africa is one of the regions in the world with the highest visa requirements.…
- 12 Mar 2018
AfDB Signs Deal with ISA to Propel Solar Development in Africa
In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in…
- 16 Jun 2016
AfDB Urges Africa to Invest in Science & Tech for Economic Growth
The African Development Bank (AfDB) said that Africa needs to make greater investments in science and technology to become more efficient and competitive in agriculture. According to the Bank,…
- 3 Jul 2018
AfDB, U.S. Trade & Development Agency to Expand Procurement Partnerships in Africa
The African Development Bank has signed a memorandum of understanding with the U.S. Trade and Development Agency to partner under USTDA’s Global Procurement Initiative: Understanding Best Value. The…
- 24 Apr 2018
Multilateral Development Banks Present Study on Technology’s Impact on Jobs
Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could…
- 17 Jan 2024
AfDB Partners HealthTech Hub Africa on Boosting Health Tech Innovations
The African Development Bank Group (AfDB) has entered into an agreement with the HealthTech Hub Africa to support the development of a pan-African blueprint to fasttrack health tech innovations…
- 25 Sept 2018
AfDB Launches First Africa-to-Africa (A2A) Investment Report
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s new Africa-to-Africa (A2A) Investment…
- 29 Mar 2018
AfDB Champions Africa’s Premier Investment Marketplace for Economic Transformation
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing collaborative leadership…
- 17 Sept 2015
AfDB Unveils “New Deal for Energy in Africa.”
The African Development Bank Group (AfDB) unveiled its landmark initiative to solve Africa huge energy deficit by 2025 at a High Level Stakeholder Consultative Meeting attended by business and…
- 21 Dec 2009
AfDB, UBA Sign Landmark USD 150 million Loan
African Development Bank (AfDB) and the United Bank for Africa Plc (UBA) has signed a two- loan agreement for a total of USD 150 million. Aloysius Uche Ordu, vice president, Regional and…