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African Development Bank Group (AfDB)

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    • Ms. Hana Tehelku, Director General of the Ethiopian Capital Market Authority (5th from right), and Mrs. Akane Zoukpo Sanankoua, AfDB Manager for Capital Markets Development (4th from right), sign a $400,000 grant agreement to strengthen Ethiopia's capital markets infrastructure and offerings, flanked by members of both organizations
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Source: African Development Bank Group (AfDB) |

Ethiopia: African Development Bank provides $400,000 for Public Disclosure Platform to boost capital market

The planned public disclosure platform will facilitate timely and accurate dissemination of company information to investors, shareholders, and other market participants, thereby enhancing decision-making and fair price discovery

The African Development Bank Group (www.AfDB.org) and the Ethiopian Capital Market Authority (ECMA) have signed a grant agreement for $400,000 for the set up of a public disclosure platform and rollout of new financial products including exchange traded funds and green bonds at the Ethiopian Securities Exchange The grant, which…

African Development Bank Group (AfDB)

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    • African Development Institute Director Eric Ogunleye (fifth from left) and Nigerian Economic Society Council Members, including their President, Prof. Adeola Adenikinju (sixth from right), at the opening session of the 66th NES Annual Conference
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Source: African Development Bank Group (AfDB) |

African leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference

The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners

African leaders, experts, the African Development Bank (www.AfDB.org) and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across the continent. Opening the Nigerian Economic Society’s (NES) 66th Annual Conference in Abuja on Tuesday, Nigeria’s Vice President Kashim Shettima stated that Nigeria’s…

African Development Bank Group (AfDB)

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    • Aerial view of houses submerged in Maiduguri during floods. Sept 2024 [Audu Marte/AFP]
    • Front Row (L–R): Jean-François Yao, Senior Policy Advisor, International Committee of the Red Cross (ICRC); Babarinde Segun Mukaila, Director of Water Supply and Support Services, Federal Ministry of Water Resources and Sanitation; Dr. Abdul Kamara, Director General, African Development Bank Nigeria Country Department; Mallam Bukar Tijani, Secretary to the State Government of Borno; and Doris El Doueihy, Head of Delegation, ICRC Nigeria
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank and International Committee of the Red Cross (ICRC) partner to support inclusive, resilient water services in Maiduguri

Between 2006 and 2021, Maiduguri’s population more than doubled and is projected to exceed 2.5 million by 2030, placing immense pressure on water infrastructure

The Government of Borno State, in collaboration with the African Development Bank (www.AfDB.org) and the International Committee of the Red Cross (ICRC), have convened a partnership roundtable to accelerate access to safe, sustainable, and inclusive water services in Maiduguri. The event held on Tuesday 10 September, coincided with the first…

African Development Bank Group (AfDB)

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    • Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide
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Source: African Development Bank Group (AfDB) |

Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide

MDBs mobilized $134 billion in private finance for climate action in 2024, a 33% increase from the year earlier, according to 2024 Joint Report on Multilateral Development Banks' Climate Finance

New report shows climate finance by multilateral development banks rose 10% in 2024 compared with previous year. MDBs’ climate finance for low- and middle-income economies increased 14% to more than $85 billion. Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance last year—a 10% increase that underscores…

African Development Bank Group (AfDB)

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    • Léandre Bassolé, Director General of the Regional Office for Development, Integration, and Business Delivery for Central Africa, presents his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of Foreign Affairs, representing Minister Lejeune Mbella Mbella, on 27 August 2025 in Yaoundé
    • Léandre Bassolé, Director General of the Regional Office for Development, Integration, and Business Delivery for Central Africa, meets Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning, and Regional Development, and Governor of the Bank for Cameroon, on 28 August in Yaoundé
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Source: African Development Bank Group (AfDB) |

Léandre Bassolé officially takes helm of African Development Bank's regional office for Central Africa

Bassolé presented his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of Foreign Affairs, representing Minister Lejeune Mbella Mbella

Léandre Bassolé, the new Director General of the African Development Bank Group's (www.AfDB.org) Regional Office for Development, Integration, and Business Delivery for Central Africa, officially took office on 27 August 2025, in Yaoundé, Cameroon. Bassolé presented his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of…

African Development Bank Group (AfDB)

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    • Ms. Fanta Njifondjou Oumarou, fish farmer in Limbé, happy to have received clarias broodstock
    • Simplice Nouma Mendel, a beneficiary living in Douala, talks to the monitoring team next to her fish tank
    • A net of clarias broodstock during distribution in Douala
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Source: African Development Bank Group (AfDB) |

Cameroon: Fish farming makes a difference in the fight to improve living standards

This transformation has been driven by a strain of the African catfish (clarias), which has the advantages of rapid growth, low fat content, and low mortality

Along the coast and in south-western regions of Cameroon, fish ponds have become not only centres of production but also hubs of opportunity and economic transformation. A new dynamic is bringing hope to fish farmers, including young people and women, thanks to the Livestock and Fish Farming Value Chain Development…

African Development Bank Group (AfDB)

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    • Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group (1)
    • Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group (2)
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Source: African Development Bank Group (AfDB) |

Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group

Dr. Ould Tah, 60, who hails from the Islamic Republic of Mauritania, was elected on 29 May 2025 with over 76% of shareholder votes—the highest margin for a first-term president in the Bank's history

History was made today when Dr. Sidi Ould Tah was sworn-in, as the ninth President of the African Development Bank Group (AfDB) (www.AfDB.org).   At exactly11:04 Abidjan time, on a rainswept Monday morning, Dr. Sidi took his oath-of-office, at the helm of Africa’s premier development finance institution succeeding Dr Akinwumi A.…

African Development Bank Group (AfDB)

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    • AfDB President Adesina honored as "HeForShe Champion" for gender equality by UNWomen
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    • Bank Video on President Adesina's Gender Advocacy Wins Two International Awards (1)
    • Bank Video on President Adesina's Gender Advocacy Wins Two International Awards (2)
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Source: African Development Bank Group (AfDB) |

Bank Video on President Adesina's Gender Advocacy Wins Two International Awards

The Bank’s Affirmative Finance Action for Women in Africa (AFAWA) produced the 75-second video to highlight some of President Adesina’s gender achievements including the creation of AFAWA

An African Development Bank Group (www.AfDB.org) video highlighting Bank President Akinwumi A. Adesina’s commitment to gender equality in Africa has been named a “Bronze Winner” recipient in the 46th Annual Telly Awards and a “Gold Winner” in the 2025 AVA Digital Awards. The two international competitions recognize excellence in communications. The Bank's…

African Development Bank Group (AfDB)

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    • (L-R) Prof. Margaret Chigita-Mabugu , Dean, Faculty of Economic and Management Sciences, University of Pretoria, AfDB Vice President Nnenna Nwabufo, University of Tokyo President Dr Teruo Fujii and Prof. Daiji Kawaguchi, Dean of GraSPP, University of Tokyo during the Public Policy seminar at Tokyo University
    • Panelists, speakers and some JADS recipients, take a photo together following the TICAD9 University of Tokyo Public Policy Seminar
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD 9): Universities are the vital partners in development efforts for Africa; we will support them says the African Development Bank

Universities need to serve as incubators of innovation – AfDB VP Nnenna Nwabufo

Universities are essential partners in Africa’s development, and the African Development Bank (www.AfDB.org) is committed to supporting them as centres of innovation that can attract not only Bank financing but also private investment and venture capital, Vice-President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo, said. She was speaking at…

African Development Bank Group (AfDB)

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    • (l-r) Mr. Ryuhei YOSHIKAWA, Director, Eco Infrastructure, Chemical Business, Kao Corporation; Solomon Quaynor, VP for Private Sector, Infrastructure & Industrialization, AfDB; Mr. Yoichi MIYAMOTO, President of Japan-Africa Infrastructure Development Association (JAIDA) and Senior Advisor of Shimizu Corporation; Mr. Kazuya OSAKO, Managing Officer and Director, International Civil Engineering Division, Shimizu Corporation; Mr. Tadashi OBAYASHI, General Manager, General Planning Department, THE NIPPON ROAD CO., LTD.; Mr. Marco Yamaguchi, Manager, Transport and Logistics Division, AfDB
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank signs agreement with Shimizu Corporation, Kao Corporation and Nippon Road Co Ltd to advance climate-resilient road maintenance solutions for Africa

The LoI will formalize a framework for mutual cooperation, information and knowledge sharing, as well as the exploration of co-financing opportunities for sustainable infrastructure solutions across Africa

The African Development Bank (www.AfDB.org) has signed a Letter of Intent (LoI)with the Shimizu Corporation, Kao Corporation and The Nippon Road Co Ltd to advance cooperation in the deployment of innovative, climate-resilient road maintenance solutions in Africa. The agreement was signed by Solomon Quaynor, African Development Bank Vice President for…