30 results
- 1 Nov 2019
African Development Bank Celebrates Historic Capital Increase
The African Development Bank on Thursday celebrated a historic $115 billion increase from its shareholders, the largest in the bank's 55-year history. Applause rang through the stately auditorium of…
- 2 Sept 2015
African Development Bank Expands its African Bond Index
The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/ AFMISM Bloomberg® African Bond Index (ABABI) in February 2015. Calculated by Bloomberg…
- 23 Aug 2020
Nigeria Doubles African Development Bank Voting Rights
Nigeria has almost doubled its voting rights in the African Development Bank to 16.8% before the lender’s annual meetings next week, as one of its own seeks re-election at the helm of the lender…
- 16 Jun 2024
AfDB Appoints Dr. Eric Kehinde Ogunleye as Director of African Development Institute
African Development Bank has appointed Dr. Eric Kehinde Ogunleye, a seasoned macroeconomist, as Director of the African Development Institute, effective June 1, 2024. Ogunleye, a Nigerian national,…
- 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…
- 27 Jun 2022
AfDB Board Approves Establishment of African Pharmaceutical Technology Foundation
The African Development Bank’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance…
- 16 Dec 2018
AfDB Board Approves Bank’s Borrowing Program for 2019
The Board of the African Development Bank has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion to be raised from the capital markets. The African Development Bank…
- 22 Nov 2020
AfDB Seeks Faster Industrialization of African Economies
The African Development Bank counts Industrializing Africa as one of its High-5 key strategic aims, critical for the transformation of African economies. At the forefront of promoting smart…
- 22 Oct 2018
AfDB Launches Landmark $500M Credit Insurance Deal with ATIA, UK Reinsurers
The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s…
- 18 Sept 2018
AfDB, MCB Group Launch African Domestic Bond Fund
The African Development Bank and Mauritius Commercial Bank Group (MCB) have launched the African Domestic Bond Fund (ADBF). It is the first multijurisdictional fixed income Exchange Traded Fund (ETF)…
- 12 Sept 2025
African Leaders, AfDB Push for Governance Reforms, Regional Integration for Africa’s Transformation
African leaders, experts, the African Development Bank and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across…
- 9 Dec 2013
AFMI Launches africanbondmarkets.org, Revamped Website
The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB) has officially launched http://www.africanbondmarkets.org, the redesigned AFMI website. The…
- 6 Jun 2018
AfDB, Microsoft, Others Launch Coding for Employment Program
The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft and Facebook – launched the Coding for Employment Program at the African Innovation Summit in Kigali,…
- 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…
- 3 Apr 2020
AfDB Celebrates Milestone with First Social Bond Listing on London Stock Exchange
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on Friday 3 April 2020, and is now…
- 15 Jun 2022
Afreximbank Mobilises $35b for African Development
The African Export-Import Bank (Afreximbank) has mobilised a whopping $35 b for the development of the continent, in the last five years. Prof. Benedict Oramah, the President of the bank, disclosed…
- 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.…
- 29 Jan 2025
AfDB Partners AXIAN Telecom to Accelerate Africa's Digital Transformation
The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will…
- 24 Feb 2025
AfDB, Standard Bank Unite to Support SMMEs and Boost Trade
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade…
- 8 May 2026
AfDB Approves $61m Package to Boost Women-led Businesses in Nigeria
The Board of Directors of the African Development Bank Group (AfDB) approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand access to affordable credit for…
- 22 May 2019
UBA’s Africa Conversations: Leaders Emphasise Importance of History to African Development
African leading minds have called on Africans to be mindful of their rich history, which according to them creates the path towards the socio-cultural, economic and political development of the…
- 18 Apr 2018
AfDB, AIMS to Transform Industry-led Research in Africa
The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated a landmark relationship aimed at building an industry-led research institution in the league…
- 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…
- 20 Apr 2016
AFC Launches Africa Project Developers Initiative
Africa Finance Corporation (AFC) alongside its development partners is pleased to announce the launch of the Africa Project Developers Initiative (APDI), a think tank and network to promote and…
- 24 Sept 2025
Ould Tah, AfDB President Presses for Scaled-Up Financing and Stronger Partnerships to Realize Africa’s Development Goals @ UNGA80
Sidi Ould Tah, President, African Development Bank Group is attending the United Nations’ 80th General Assembly this week to push the continent’s development priorities and mobilise support for the…
- 19 Jan 2016
AfDB Launches Application for Tracking Progress on the Bank’s Development Priorities
In his inaugural speech after taking office on September 1, 2015, Akinwumi Adesina, President, African Development Bank laid out the five priority areas that the Bank will focus on to advance…
- 27 Jan 2014
NEXIM Bank Bags Best Performing African DFI
The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank (NEXIM) as ‘Best Performing African DFI.’ The decision was an outcome of the ‘2013…
- 14 Jun 2019
AfDB Selects Nigeria, Others for ‘Boost Africa’ E-Lab Pilot
African Development Bank has identified Nigeria, Côte d’Ivoire, Kenya, Ghana, and South Africa for pilot in the Entrepreneurship Lab (E-Lab) project. The E-Lab, a component of the Bank’s ‘Boost…
- 5 Dec 2024
EBRD, AfDB Group to Strengthen Collaboration in Support of SMEs in Africa
The European Bank for Reconstruction and Development (EBRD) and the African Development Bank Group are strengthening their strategic partnership to support small and medium-sized enterprises (SMEs)…
- 12 Jun 2025
AfDB to Provide $184.1mfor Africa’s Largest Solar Energy, Battery Storage Project
The Board of Directors of the African Development Bank Group has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project…