Africa Investments 

Tchad : la Banque africaine de développement accorde un don de 4 millions de dollars pour parer aux risques d’insécurité alimentaire aggravée par la…

Le Conseil d’administration du Groupe de la Banque africaine de développement a accordé, le 15 juillet 2022, à Abidjan, un don de 4,05 millions de dollars américains au Tchad, pour lui permettre de mettre en œuvre son Projet d’appui au secteur agricole et de réponse à la crise alimentaire. Cette aide financière provient de la Facilité d’appui à la transition,… Read More
Africa Investments 

African Development Bank Group approves $73.5 million to boost food production in Tanzania

The Board of Directors of the African Development Bank Group today approved $73.5 million to finance a program that will boost Tanzania’s food production by a million tonnes in three years. The Tanzania Agricultural Inputs Support Project, spanning September 2022-June 2025, was designed under the Bank Group’s African Emergency Food Production Facility to tackle a potential food crisis exacerbated by… Read More
Africa Investments 

African Development Fund approves $11 million grant to the African Continental Free Trade Area Secretariat

The Board of Directors of the African Development Fund approved an $11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA) to help it enhance effective implementation. The AfCFTA Secretariat opened its doors in Accra on 17 August 2020, with initial support of $5 million to set up the secretariat, the programs, and the tools and… Read More
Africa Investments 

Rwanda joins African Development Bank-supported remote data collection initiative

Rwanda has embraced the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative, a tool that enhances project-related data collection in remote areas. It is the first East African country to do so and the seventh overall in the continent. The initiative is a partnership of the African Development Bank’s IT Department (CHIS), the World Bank’s Geo-Enabling initiative for Monitoring and… Read More
Africa Investments 

World Youth Skills Day July 15: African Development Bank’s Coding for Employment Program selects 500 digital ambassadors to lead peer-to-peer…

The African Development Bank’s Coding for Employment program has selected 500 changemakers, 45% of whom are women, from four countries for the pilot Digital Ambassadors Program. The selected Digital Ambassadors will embark on a three-month course during which they will be equipped with in-demand digital skills, such as software development, as well as soft skills, such as problem solving, project… Read More
Africa Investments 

Food security: African Development Bank donates $5.4 million to Central African Republic for food security project

The Board of Directors of the African Development Bank Group today approved a grant of $5.39 million to the Central African Republic. The grant will assist the production of an additional 32,000 tonnes of foodstuffs and enhance food security for 100,000 people. It will also help the Central African Republic to implement an emergency food programme to tackle the surge in… Read More
Africa Investments 

Guinea: $66 million from the African Development Bank to extend access to electricity

On 14 July 2022 in Abidjan, the Board of Directors of the African Development Bank Group approved a $66.39 million support package for Guinea. The funding is intended to help it increase access to electricity. It consists of a $4.17 million grant and a $9.37 million loan from the African Development Fund (the concessional arm of the African Development Bank… Read More
Africa Investments 

Kenya: African Development Bank approves a €63 million loan to increase cereals and oil seed production

The Board of Directors of the African Development Bank Group has approved a €63 million loan to Kenya to significantly boost cereals and oil seeds production by over 1.5 million metric tonnes over the next two years. The production increase will help bolster national food security and economic resilience. The loan is part of the African Development Bank’s $1.5 billion African… Read More
Africa Investments 

Gabon: African Development Bank and Government Discuss Partnership and Development Priorities for 2023-2027

The African Development Bank Group and the Gabonese government held national consultations from 20-23 June, on the Country Diagnostic Note and the 2016-2022 Country Strategy Paper. Discussions were held between a delegation led by Bank Country Manager for Gabon, Nouridine Kane Dia, and a government delegation headed by the Minister of Economy and Recovery and Governor of the Bank for… Read More
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