Africa Investments 

Statement from African Development Bank Group President Dr Akinwumi Adesina following the devastating earthquake in Morocco on Friday night, 8…

The earthquake that struck Morocco on the evening of Friday 8th September 2023 was devastating. With over two thousand people dead and thousands more injured, it has brought much sorrow and untold hardship to many families that lost their loved ones. It has thrown the nation and the people of Morocco into grief. African Development Bank Group Read More
Africa Investments 

African leaders commit to pursue green and inclusive growth—Nairobi Declaration

African leaders ended the three-day Africa Climate Summit with a call to the global community to act with urgency in reducing emissions, honour a commitment to provide $100 billion in annual climate finance to developing countries, and swiftly operationalize the Loss and Damage facility agreed at last year’s COP27 in… African Development Bank Group Read More
Africa Investments 

GFANZ Africa Network, African Development Bank Announce Climate Action Partnership

Today, the Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to the goal of net zero by 2050, announces a new partnership with the African Development Bank to support climate action by financial institutions across the continent. African Development Bank Group Read More
Africa Investments 

Central African Republic: the African Development Bank Group donates €12.62 million to support workplace reintegration for communities affected by…

Funding Approval date: 6 September 2023. Project name: Support Programme for Reconstruction of Grassroots Communities, phase 2 (PARCB-2). Amount: donation of €12.62 million from the Transition Support Facility. African Development Bank Group Read More