African leaders ended the three-day Africa Climate Summit with a call to the global community to act with urgency in reducing emissions, honour a commitment to provide $100 billion in annual climate finance to developing countries, and swiftly operationalize the Loss and Damage facility agreed at last year’s COP27 in… African Development Bank Group Read More

Today, the Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to the goal of net zero by 2050, announces a new partnership with the African Development Bank to support climate action by financial institutions across the continent. African Development Bank Group Read More

The African Development Bank has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA). The initiative is aimed at insulating countries against catastrophic weather-related events. African Development Bank Group Read More

Funding Approval date: 6 September 2023. Project name: Support Programme for Reconstruction of Grassroots Communities, phase 2 (PARCB-2). Amount: donation of €12.62 million from the Transition Support Facility. African Development Bank Group Read More

 Administrative authorities in the Central African Republic will benefit from financial support from the African Development Fund to improve their employees’ working methods. African Development Bank Group Read More

 World leaders gathered in Nairobi at the invitation of Kenya President William Ruto (centre) voiced strong support for making Africa integral to global action efforts. African Development Bank Group Read More

 In Nairobi, African Development Bank president Adesina announced a new $1 billion fund to accelerate climate financing for Africa’s youth businesses. African Development Bank Group Read More

 Bank Vice President for Agriculture, Human and Social Development Dr. Beth Dunford, (fourth from left) who met with Tanzanian President Samia Suluhu Hassan in June, returns to Dar es Salaam leading a Bank delegation to the Africa Food Systems Forum. African Development Bank Group Read More

 Dr Adesina addressed participants during the session on ‘Harnessing Africa’s renewable energy potential’ on September 4th. African Development Bank Group Read More

 President William Ruto, pictured here with youth delegates in Nairobi, urged young Africans to focus on bringing solutions to climate change. African Development Bank Group Read More