Category: Business

An African Development Bank-funded project in Sierra Leone is fast building technical and business skills for young people in the country. Approved by the bank’s board four years ago, the Freetown Water, Sanitation, Hygiene and Aquatic Environment Revamping Project has strongly supported training and helped form micro and small enterprises groups for water meter installation. High youth unemployment is a… Read More

Thousands of youths in Malawi have gained employment and some have even created jobs for their peers, thanks to a project supported by the African Development Bank.  The Jobs for Youth in Malawi project implemented between 2017 and 2022 has helped develop an entrepreneurial culture among young people, from primary school to university according to the project completion report released… Read More

(l to r) Nungari Mwangi, AgriSME Strategy and Partnerships Officer, AfDB, Atsuko Toda, Director, Agricultural Finance and Rural Development, AfDB, Andrew Mude, Lead, AgriSME Development and Financing, AfDB, Beth Dunford, Vice President, Agriculture, Human and Social Development, AfDB, Anita Vandenbeld, Parliamentary Secretary to Canada’s Minister of International Development and Edmond Wega, Executive Director for Canada, AfDB, pose for a photo… Read More

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative has reached a landmark $1 billion in approved funding designated for lending to African  women entrepreneurs. This is yet another milestone for the bank following an historic summit last week to tackle the escalating challenges of food security in Africa. The Dakar 2 Africa Food Summit, co-hosted… Read More

African heads of state at the African Development Bank’s Feed Africa Summit in Dakar last week, pooled their knowledge about how they’ve succeeded in developing their countries’ agricultural sector. Thirty-four African heads of state attended the summit, where they highlighted how investments were essential to ensuring food security for their citizens and creating jobs for women and young people. Ethiopia… Read More

The Sustainable Energy Fund for Africa (SEFA)  of the African Development Bank Group will provide a $1 million technical assistance grant to the Green Mobility Facility for Africa (GMFA). GMFA provides technical assistance and investment capital to accelerate and expand private sector investments in sustainable transport solutions in seven countries: Kenya, Morocco, Nigeria, Rwanda, Senegal, Sierra Leone, and South Africa.… Read More

Who:              African Development Bank What:             African Mining Indaba 2023 Where:           Cape Town International Convention Center (CTICC), South Africa When:             6 – 9 February 2023 The African Development Bank will participate in the 2023 African Mining Indaba in Cape Town, South Africa, from 6 to 9 February 2023. The theme of this year’s conference is Unlocking African Mining Investment:… Read More

African Development Bank approves $50 million and EUR 50 million Trade Finance Transaction Line of Credit for ECOWAS Bank for Investment and Development (EBID) to enhance food security and boost agricultural value chains in the region | 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:    Launch of The African Legal Support Facility Medium-Term Strategy 2023-2027 and new visual identity WHO:      The African Legal Support Facility WHEN:    31 January 2023 WHERE: Virtual      TIME: 13:00 – 15:00 GMT The African Legal Support Facility will be unveiling its Medium-Term Strategy 2023-2027 and a new visual identity on 31 January 2023. The Facility,… Read More