The African Development Bank has signed a grant agreement for $400,000 with the Caisse des dépôts et consignations of Côte d’Ivoire (CDC-CI). The funds will support CDC-CI to accelerate its activities to assist Ivorian small and medium-sized enterprises. The agreement was signed on 27 September 2022 in Abidjan. CDC-CI is  a State bank that handles official deposits. The grant will… Read More

It has been three years since the African Development Bank launched a programme in Madagascar to support the growth of small and medium-sized enterprises in the country. Objectives: To enable them to achieve economies of scale and create better employment opportunities for women and young people in key sectors of the Malagasy economy, in order to reduce inequality and poverty… Read More

The African Development Bank Group has provided new funding for two ongoing major projects in Cameroon: the Develop Access Roads to the Industrial and Port Area of Kribi Project (PARZIK) and the Yaoundé City Sustainable Enhanced Drainage and Sanitation Project (PCADY). The African Development Bank’s Director General for Central Africa, Serge N’Guessan, and Alamine Ousman Mey, Cameroon’s Minister of the… Read More

The recently concluded Eighth Tokyo International Conference on African Development (TICAD8) culminated in the announcement of Japan’s $4 billion Green Growth Initiative with Africa, and $70 million Investment Fund for Startups. Against the backdrop of these significant private sector partnerships, the African Development Bank and the United Nations Development Programme (UNDP) organized the Africa Continental Investor Convening as a side… Read More

UN Secretary-General António Guterres has urged governments across the world to quickly invest in quality job creation the and the provision of social protection for those without coverage. Guterres was speaking at a high-level session to discuss the Global Accelerator on Jobs and Social Protection for Just Transitions initiative during the UN General Assembly meetings in New York. He told… Read More

Le Conseil d’administration du Fonds africain de développement, le guichet concessionnel du Groupe de la Banque africaine de développement a accordé le 22 septembre, à Abidjan, un don de 8,8 millions d’euros au Tchad. Le but est de permettre au pays sahélien, producteur de pétrole de réduire sa fragilité, notamment économique qui a été accentuée par les effets de la… Read More

What:  Launch of The Entrepreneurship in Egypt: an overview of the ecosystem report, sponsored by the Swiss Economic Cooperation Office and the Innovation & Entrepreneurship Lab of the African Development Bank. Who:   The Innovation and Entrepreneurship Lab of the African Development Bank and the Swiss Economic Cooperation Office When: 4 October 2022; 12.00 -13:15 Egypt Local Time (10.00am – 11:15… Read More

Representatives of 11 African cities have begun a visit to two Scandinavian cities to learn about people-centred solutions to urban planning and development under a trip sponsored by the Urban and Municipal Development Fund. The Fund is hosted by the African Development Bank. The 4-day trip to Copenhagen and Malmö, Sweden includes officials from Marrakech, Morocco;  Bizerte and Tunis in… Read More