Category: Investments

Unveiling the results of the Forum’s virtual boardroom sessions, African Development Bank Group President Dr Akinwumi A. Adesina told the 500 project sponsors, investors, deal brokers and government representatives from around the world who took part in them: “In 72 hours, you all connected, you struck deals and you created success.” The three-day virtual boardroom meetings showcased 40 projects across… Read More

African Development Bank head Dr. Akinwumi A Adesina is in Johannesburg at the start of a three-day official visit to South Africa. Adesina will meet South African President Cyril Ramaphosa, and various government and industry leaders. He will discuss with them important global and regional concerns, the African Development Bank Group’s development agenda and South Africa’s potential for increased trade… Read More

A grain storage facility in Odesa. Ukraine produces almost 12 per cent of the wheat in the global export market CREDIT: Simon Townsley/The Telegraph The war in Ukraine threatens to lead to food riots, political upheaval and turn back the clock in years of progress in Africa, the continent’s top economist told The Telegraph. “This war has to come to an end.… Read More

The Board of Directors of the African Development Bank Group has approved a new strategy for addressing fragility and building resilience in Africa for the period 2022-2026. The strategy offers a roadmap for building more resilient institutions, economies, and societies across the continent over the next five years. This is the Bank’s third fragility and resilience strategy, built upon previous… Read More

What: 9th World Water Forum Who: African Development Bank and African Ministers’ Council On Water When: 21 – 26 March 2022 Where: Diamniadio, Dakar, Senegal                            The African Development Bank will be a lead partner of the 9th World Water Forum, to be held from 21-26 March 2022 in the lake city of Diamniadio, Senegal. The theme of this year’s… Read More

The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects. Unveiling the results of the Forum’s virtual boardroom sessions on Thursday, African Development Bank Group President Dr. Akinwumi A. Adesina told the 500 project sponsors, investors, deal brokers and government representatives from around the world who took part in them: “In 72 hours, you all… Read More

The African Development Bank Group is a lead partner of the 9th World Water Forum, which will be held from 21-26 March 2022 in the lake city of Diamniadio, Senegal. Co-organized by the World Water Council and the Government of Senegal, this year’s World Water Forum is the first hosted in Sub-Saharan Africa. The forum’s theme is “Water Security for… Read More

The Board of Directors of the African Development Bank Group on 11 February 2022 approved a $1.4 million grant for enhancing private sector engagement and capacity building for refugees and internally displaced persons in fragile areas of northern Mozambique. The project will be implemented by the global refugee agency UNHCR, collaborating with the Government of Mozambique. The grant is from… Read More

The African Development Bank’s new coordinator for its African Water Facility, Mtchera Johannes Chirwa, will deliver key findings of a rural water supply and sanitation report at the World Water Forum to be held in Dakar from 21-26 March 2022. At the Forum, Chirwa will co-lead a discussion of the State of Rural Water Supply and Sanitation Report, which details… Read More

The Board of Directors of the African Development Fund on Wednesday approved a $125.3 million loan to finance the first phase of the Dodoma Resilient and Sustainable Water Development and Sanitation Program in Tanzania. Specifically, the loan from the African Development Fund, the concessional window of the African Development Bank Group, will cover the construction of a dam and water… Read More