Category: Business

On the sidelines of the 2022 edition of Africa Climate Week, a session titled Limiting Loss and Damage through Enhanced Adaptation Action in Africa featured vibrant and timely discussion of an aspect of climate change that typically receives little attention: capturing and assessing the costs and damages associated with climate change.    The African Development Bank and Germany’s Konrad Adenauer… Read More

The government of Mali and the African Development Bank have agreed to accelerate ongoing country projects that aim to reduce poverty, following a high-level Bank Group mission, which ended on 16 September 2022. A delegation of Bank staff and the Malian government met over one week to jointly review the performance of the entire active country portfolio of projects and… Read More

Finance directors from roughly 40 African cities and local authorities have arrived in Abidjan, the commercial capital of Cote d’Ivoire for an intensive training in tapping capital markets to finance urban infrastructure development. The African Development Bank and United Cities and Local Governments (UCLG) organized the training which takes place from the 19th to the 24th of September 2022.  UCLG… Read More

African Development Bank Group head Dr. Akinwumi Adesina will join other world leaders for the 77th session of the UN General Assembly in New York City to discuss global issues such as the impact of climate change, Russia’s war in Ukraine and recovery from the Covid-19 pandemic. This is the first time in two years for the UN General Assembly… Read More

The African Development Bank has released a series of toolkits to assist small and medium enterprises in tapping green investment opportunities contained in countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement. The toolkits, released under the Bank’s Private Sector Investment Initiative for NDCs, were launched on the sidelines of Africa Climate Week, which took place in Libreville, Gabon, from… Read More

Senegalese President and African Union chairperson Macky Sall has told development partners of the African Development Fund (ADF) to allow the fund to tap capital markets for more resources to meet the critical development needs of member countries. The African Development Fund is the African Development Bank Group’s concessional lending arm that supports the continent’s low-income countries Sall said: “These… Read More