Category: Business

Two months to the 27th global climate summit (COP27) in Sharm El-Sheik, Egypt, African and other global leaders have rallied in Rotterdam, to highlight the urgency of climate adaptation funding for the continent. The meetings—co-convened by the President of the African Development Bank Group Dr Akinwumi Adesina, CEO of the Global Center on Adaptation (GCA) Professor Patrick Verkooijen, and African… Read More

Dr. Paul Eloundou understands the challenges posed by climate change only too well. A resident in Yaoundé and the director of one of the largest district hospitals, he is an advocate for addressing climate change to mitigate health risks in Cameroon. Yaoundé’s population has tripled over the past 20 years, resulting in the construction of many informal settlements with no… Read More

Following the announcement of an additional $5 billion to the African Development Bank’s Enhanced Private Sector Assistance (EPSA) program from the government of Japan, the Bank’s Central Africa Regional Development and Business Delivery Office is seeking to engage with private sector organizations from the region with economically viable projects for investment. Serge N’Guessan, African Development Bank Director General for the… Read More

The African Development Bank returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – taking place in Kigali, Rwanda, from 6-9 September 2022. On Monday, the Bank kicked off its AGRF 2022 activities by co-organizing a pre-forum side event focused on the African Emergency Food Production Facility at the Kigali Convention Center.… Read More

African Development Bank Group President Dr. Akinwumi Adesina will inaugurate the upgraded Port of Maio on Wednesday during a three-day visit to Cabo Verde. The President will travel to Cabo Verde at the invitation of Prime Minister, Dr. José Ulisses Correia e Silva. In 2018, the African Development Bank approved a $26 million facility to upgrade the ports of Maio… Read More

The African Development Bank and the Portuguese government have signed a guarantee agreement to be extended to the African Development Bank under the Lusophone Compact. The Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. The signing was witnessed by President  of the Republic of Mozambique Filipe Nyusi, Prime-Minister… Read More

Until three years ago, pupils at the Number One Evangelical Church of Chad primary school were forced to relieve themselves in the open air or go home to use the toilet. Now the school, in Moundou, Chad’s economic capital, is equipped with latrines. The school benefited from a water and sanitation program rolled out in semi-urban and rural areas in… Read More

The African Development Bank and several UN agencies – the UN Regional Office for Central Africa, the Educational, Scientific and Cultural Organization (UNESCO) and the UN Office on Drugs and Crime (UNODC) – are joining forces to advance climate action in Central Africa. This region is highly strategic in the fight against climate change as it is home to the… Read More

The year is 2018. Sitting in her office in the southwest of Madagascar, Razay Zanabaindrano recounts a tragic incident that resulted from poor roads in her hometown. Zanabaindrano is a midwife and pharmacist in Toliara — formerly Tulear — the coastal capital of southwest Madagascar and one of the most prominent trading hubs in the country. “There was once a… Read More