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African Development Bank Group (AfDB)

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    • The African Development Bank is providing financial and technical assistance to The Gambia, Guinea-Bissau, Madagascar and Togo to strengthen the business environment and promote the private sector in the four countries
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Source: African Development Bank Group (AfDB) |

The African Development Bank approves a grant of over $5 million to strengthen public-private partnerships in The Gambia, Guinea-Bissau, Madagascar and Togo

The project aims to strengthen the public–private partnership (PPP) environment in four countries, with the goal of catalysing private investment

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant of $5.3 million to implement the Project to Strengthen the Public-Private Partnership Environment for the Promotion of Private Investment in The Gambia, Guinea-Bissau, Madagascar and Togo. The project, approved in Abidjan on 27 June 2025,…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank commits to Zambia’s Private Sector Growth at Investment Conference

The event featured presentations from sectoral and financial experts across key Bank departments, providing participants with actionable insights into the Bank’s extensive capabilities

The African Development Bank (https://www.AfDB.org/) reaffirmed its strong support for Zambia’s private sector-led transformation by hosting a strategic side event during the inaugural Invest in Zambia International Conference (IZIC). The high-profile session, themed “Catalyzing Private Sector Growth: Unlocking AfDB’s Financing Toolkit in Zambia,” successfully engaged private companies, financial institutions, development…

African Development Bank Group (AfDB)

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    • Dr. Akinwumi Adesina, The President of the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

African Development Bank President Mourns Ghana Helicopter Crash Victims

It is devastating news and a national tragedy

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina has extended heartfelt condolences to the Government and people of Ghana following Wednesday’s tragic helicopter crash, which claimed the lives of eight people, including two ministers.   “I am deeply saddened by the helicopter crash that led to the…

African Development Bank Group (AfDB)

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    • Panel photo, from right to left: Prof. Abdallah Mahamat-Nour, Professor–Researcher, Hydrogeologist, Director of the Hydro-Geosciences and Reservoir Laboratory, and Head of the GeoRes Master’s Program, University of N’Djamena, Chad; Mr. Ahmat Abderahim Abbo, Secretary General in charge of Economy and Planning, Ministry of Finance, Budget, Economy, Planning and International Cooperation, Republic of Chad; Ms. Kadidja Hassane Abdoulaye, Secretary of State for Petroleum, Mines and Geology, Republic of Chad; Dr. Innocent Onah, Chief Natural Resources Officer, African Natural Resources Management and Investment Centre, African Development Bank Group; At the podium: Mr. Claude N'Kodia, Acting Resident Representative of the African Development Bank Group in Chad
    • Dr. Bernd Schlenther Otto, Trainer, Rand Sandton Consulting Group, facilitating a session during the GONAT Chad workshop
    • Participants engaging in group work sessions during the GONAT Chad workshop
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Source: African Development Bank Group (AfDB) |

Chad Hosts a New Stage of the African Development Bank’s GONAT Initiative on Natural Resource Governance

Following previous sessions in the Central African Republic and Sierra Leone, Chad became the third country to host this high-level GONAT policy dialogue, focused on promoting more transparent and accountable management of extractive resources

The African Development Bank Group (www.AfDB.org) has successfully concluded the Chad leg of the training and policy dialogue under the GONAT initiative (Governance of Natural Resources in Transition and Fragile States), which focuses on improving natural resource governance in fragile and transitioning countries.  Launched in 2023, the GONAT initiative carried…

African Development Bank Group (AfDB)

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

CORRECTION: Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…

African Development Bank Group (AfDB)

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    • AfDB President Akinwumi Adesina, and his wife, Grace Yemisi Adesina, AfDB Vice President for Private Sector, Infrastructure and Industrialization, Solomon Quaynor (extreme left), AfDB Director General, Nigeria Country Department, Dr. Abdul Kamara (2nd from left), and Saglev Chairman and CEO, Dr. Sam Faleye, during Adesina’s visit to the Saglev assembly plant in Lagos, Nigeria, 31 July 2025
    • AfDB President Akinwumi Adesina with Saglev EV automobile technicians, during Adesina’s visit to the Saglev assembly plant in Lagos, Nigeria, 31 July 2025
    • AfDB President Akinwumi Adesina and Saglev Chairman and CEO, Dr. Sam Faleye with staff of the company, during Adesina’s visit to the Saglev assembly plant in Lagos, Nigeria, 31 July 2025
    • Saglev Chairman and CEO, Dr. Sam Faleye, and AfDB President Akinwumi Adesina, at the Saglev EV assembly plant in Lagos, Nigeria, 31 July 2025
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Source: African Development Bank Group (AfDB) |

‘Our role as a Bank is to champion African entrepreneurs’ – Adesina

During the tour, Adesina engaged in discussions on the key challenges facing Nigeria’s automotive sector, including fiscal policy, logistics, access to finance, and the lack of local manufacturing capacity for critical components

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, has reaffirmed the Bank’s strong commitment to supporting African entrepreneurs and industrial innovation. He was speaking during a visit to Saglev, a Nigerian electric vehicle assembly and distribution company in Lagos.  “Our role as a bank, and my…

African Development Bank Group (AfDB)

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    • Photo: African Development Bank Group President, Dr. Akinwumi Adesina (center), and Bank Vice President Dr. Beth Dunford (left) join other MADE Alliance: Africa leadership and members in welcoming the World Bank as Alliance co-chair
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Source: African Development Bank Group (AfDB) |

World Bank Group joins African Development Bank Group and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy (MADE) Alliance: Africa

The World Bank Group will contribute to the initiative its expertise, data driven insights, and experience supporting sustainable digital transformation

The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, joining current co-chairs the African Development Bank Group (www.AfDB.org) and Mastercard in an initiative to provide digital access to critical services for 100 million individuals and businesses across Africa by…

African Development Bank Group (AfDB)

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    • African Development Bank demonstrates continued support to African Union (AU) peacebuilding efforts in Ethiopia
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Source: African Development Bank Group (AfDB) |

African Development Bank demonstrates continued support to African Union (AU) peacebuilding efforts in Ethiopia

The development of the AU-MVCM Handbook is one of the main deliverables of the Bank’s support

The African Development Bank Group (www.AfDB.org), has reaffirmed its commitment to peacebuilding and lasting stability in Africa during a technical workshop to finalize the “Handbook for the African Union Monitoring, Verification, and Compliance Mission (AU-MVCM)”. The three-day workshop, which concluded 21 July, was organised by the African Union Commission. Held…

African Development Bank Group (AfDB)

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…

African Development Bank Group (AfDB)

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    • Durfo village community leader (far left) discusses project benefits with Zoba Maekel community engineer (centre) and Hailemikael Berhe (right), DRSLP project accountant during a field visit to a masonry dam in Durfo village, Zoba Maekel, central Eritrea
    • An aerial view of the Guritata dam, in Zoba Maekal, central Eritrea
    • Image of Meskel’s farmland, in Zoba Anseba, northern Eritrea
    • Ongoing community-led construction of a masonry dam, in Zoba Maekal, central Eritrea
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Source: African Development Bank Group (AfDB) |

Transforming dust: How Eritrea’s dams are revitalizing the land

A network of masonry dams is slowly transforming Eritrea’s rural landscape, bringing clean water, food security, and new hope to remote farming communities once battered by drought

In villages across Eritrea’s dry interior, change is quietly flowing. Where seasonal rivers once surged and vanished without trace, hand-built dams now hold back precious water. Irrigation canals feed crops even in dry months. Eritrea, one of the Horn of Africa’s most drought-prone countries, has adopted a straightforward approach to…