Category: Business

The Board of Directors of the African Development Bank has approved updates to the institution’s Integrated Safeguards System (ISS) on April 12, 2023. Among other changes, the revision clarifies the bank’s roles, responsibilities, and accountability to borrowers and clients. The updates will align the bank more closely with its peers on community health and safety, gender-based violence, and stakeholder engagement… Read More

Nigeria: African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in 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

African Development Fund, Smart Africa Alliance launch $1.5 million project to enhance digital trade and e-commerce ecosystems 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

What:    Seychelles Civil Society Organizations Open Day Who:     African Development Bank East Africa and Seychellois CSOs When:   Thursday, 27 April 2023, 10:00 am – 12:30 pm (GMT+4) Where: Citizen’s Engagement Platform Seychelles (CEPS) Office, Room 28, Orion Mall, Victoria Mahe, Seychelles We are delighted to announce Civil Society Open Days will be held in Seychelles on Thursday 27 April 2023.… Read More

Japan’s megalopolis region of Tokyo has a history of heavy rainfall and typhoons. But the days when the region used to be inundated with flooding are past. The pain of losing lives and livelihoods and seeing property worth billions of dollars being swept away by devastating floods, forced the region to turn to technology for a solution. The Japanese government… Read More

As Africa’s foremost development finance institution, the African Development Bank Group has significantly increased its commitments to climate finance since the 2015 United Nations Climate Change Conference (COP 21) in Paris. Following the expiry of its Second Climate Change Action Plan after COP21, the Bank has launched a more comprehensive and ambitious strategic framework on climate change and green growth.… Read More

In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners created a Climate Action Window for low-income countries. The window covers 37 member countries of the ADF, which are also among the world’s most fragile and vulnerable to climate change. The recently published… Read More

The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa. The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa. The fifth version of EPSA, for an amount… Read More