Africa must use all its comparative advantages to mobilize the resources it needs to finance its sustainable development ambitions. Since 2010, official development assistance has declined, falling to its lowest level of $34 billion in 2022, according to Organisation for Economic Co-operation and Development (OECD) estimates. Access to international capital markets remains constrained and costly due to investors’ perceptions of… Read More

Africa, the continent that pollutes the planet the least, is today one of the world’s most vulnerable to climate risks. While nations across the continent grapple with financing constraints, resources from the international private sector, including multilateral development financiers such as the African Development Bank, are helping to catalyze climate action and green growth. For the African Development Bank, greater… Read More

Making Money Work for Better: Utilising International Financial Institutions’ Reserve Finances for Sustainable Development | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More

The African Development Bank Group’s governors will address three strategic challenges when they meet next month for the group’s Annual meetings, the group’s Secretary General Vincent Nhemielle said during a news conference held on April 20. The challenges confronting Africa in the coming year are: financing a low carbon development path that delivers growth and inclusivity and the continent’s climate… Read More

The president of the African Development Bank Group, Dr. Akinwumi Adesina, has called for a significant increase in Japanese investment in Africa, saying the continent is the world’s best investment destination now and in the future. Dr. Adesina is leading a Bank delegation on a five-day visit to Japan during which he will meet senior government officials, large Japanese companies,… Read More

The African Development Bank Country Office in Sao Tome and Principe held its maiden Open Day on 23 March 2023 to discuss its country strategy and portfolio, opportunities, and interventions for the island nation’s sustainable and inclusive development. Some 31 representatives of civil society organizations (CSOs) joined the discussions, particularly on issues relating to youth employment, energy transition and support… Read More

African Development Bank, ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More