Category: Business

What:  Webinar on the implications of the findings of the Intergovernmental Panel on Climate Change (IPCC) reports for Africa during London Climate Action Week Who:  The Africa Adaptation Acceleration Program When: 29 June 2022, 12:00 -14:00 (BST) Where: Virtual; click here to register. The Africa Adaptation Acceleration Program – a joint initiative of the African Development Bank and the Global… Read More

What:         Finance in Common Summit 2022 Who:          African Development Bank Group, European Investment Bank      When:        19-20 Octorber 2022 Where:       Abidjan, Côte d’Ivoire – Pre-register here The third edition of the Finance in Common (FiCS) Summit will be co-organised by the African Development Bank and the European Investment Bank from19 -20 October 2022, in Abidjan, Côte… Read More

In observation of UN Micro, Small and Medium-sized Enterprises (MSME) Day, today 27 June, we highlight small businesses that are receiving African Development Bank support as they navigate the impacts of the COVID-19 pandemic, food insecurity and the climate crisis. MSMEs are among the hardest hit by these multiple shocks yet play a key role in building Africa’s resilience. During… Read More

The Board of Directors of the African Development Fund on 24 June approved a technical assistance grant of $2 million to fund research that will contribute to electricity reforms in the Economic Community of West African States (ECOWAS). The grant from the African Development Fund — the concessional window of the African Development Bank Group — will go to the… Read More

The African Development Bank and the Tanzanian government have signed a $125.2 million loan agreement for a project that will help address water shortages in three districts in the country’s Dodoma region. The Dodoma Resilient and Sustainable Water Development and Sanitation Program (Phase I) will benefit more than two million residents in the Bahi, Chemba and Chamwino districts, which have… Read More

Chay-a Abdawa is a mother of six and president of the El Wihda cooperative in Nouakchott, Mauritania. El Wihda produces traditional tents known as khaïmas. Once emblematic of Mauritanian culture, the tents have historically been used in nomadic life in the Sahara Desert. Despite an increasing shift away from a nomadic way of life among Mauritanians, the tents are popular… Read More

The African Development Bank’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products. African Development Bank Group President, Dr. Akinwumi Adesina said: “This is a great development for Africa. Africa must have… Read More

The world must do more to tackle the increasing global food insecurity worsened by Russia’s war in Ukraine, the African Development Bank Group President Dr. Akinwumi Adesina told a G7 ministerial conference on Friday. Governments, multilateral Development Banks, international and regional organizations, non-governmental organizations, civil societies, and philanthropists demanded, among others, the release of millions of metric tons of food… Read More