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

Multinational: African Development Bank’s Sustainable Energy Fund for Africa Approves $5.65 Million to Pioneer New Climate Finance Instrument for Off-Grid Renewable Energy projects in Africa’s Fragile States

Innovative Peace Renewable Energy Certificate (P-REC) Aggregation facility to unlock new hard-currency revenue for mini-grids, targeting 856,000 people across 14 frontier countries

The African Development Bank Group’s (https://AFDB.org/) Board of Directors has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility, a pioneering initiative that will, for the first time, deploy renewable energy certificates as a direct…

African Development Bank Group (AfDB)

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    • Caption: Ambassador Pietro Lazzeri, Head of the Economic Cooperation and Development Division at the State Secretariat for Economic Affairs (SECO) and Governor of the Bank for Switzerland, and Senior Vice President of the African Development Bank Group, Marie-Laure Akin-Olugbade
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Source: African Development Bank Group (AfDB) |

Geneva International Cooperation Forum: African Development Bank Senior Vice President (SVP) Marie-Laure Akin-Olugbade outlines approach to humanitarian contexts

Ms Akin-Olugbade presented the Bank Group's approach which is not to replace humanitarian actors, but to complement them by intervening at the right time and with the right instruments

The fifth Geneva International Cooperation Forum (IC Forum) organised by the Swiss Federal Department of Foreign Affairs' Agency for Development and Cooperation last month, saw the participation of African Development Bank Group (https://AfDB.org/) Senior Vice President, Marie-Laure Akin-Olugbade. Akin-Olugbade joined a high-level panel on “Private-Sector Partnerships in Humanitarian Contexts” which…

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

African Development Bank Group (AfDB) Unveils Africa-Wide Aviation Financing Platform to Turn Growth into Sustainable Profit

The priority now is execution—aligning policy, capital and infrastructure to ensure aviation becomes a durable driver of inclusive growth and regional integration across the continent

With Africa poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focused on a central challenge: how to translate rising demand into sustainable connectivity, competitiveness, and financial viability. This question anchored deliberations at the two-day Airlines, Capital and Connectivity Forum convened in Nairobi on 25–26 February…

African Development Bank Group (AfDB)

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    • The African Development Fund is providing significant financial support to SADC countries to renovate and equip diagnostic, wastewater and environmental monitoring laboratories to strengthen regional health security
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Source: African Development Bank Group (AfDB) |

African Development Bank Group funds regional health resilience drive in Southern Africa

Approved on 3 March 2026, the financing from the concessional window of the African Development Bank Group, will fund the Resilient Health Systems for Emergency Preparedness Project

The Board of Directors of the African Development Fund (ADF) has approved a $9.57 million grant to support countries of the Southern African Development Community (SADC) in strengthening regional health security and emergency preparedness. Approved on 3 March 2026, the financing from the concessional window of the African Development Bank…

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    • The African Development Bank Group is investing 6.5 million euro stake in the Saviu II fund to support technology start-ups in French-speaking Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves €6.5 million investment in Saviu II fund to support technology start-ups in Francophone West and Central Africa

The fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners

The Board of Directors of the African Development Bank Group (www.AfDB.org) today approved an investment of 6.5 million euros in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa. The Bank Group will invest…

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

African Development Bank Group awards $16.6 million grant to International Institute of Tropical Agriculture (IITA) to scale agricultural technologies in Africa

The agreement, signed on 18 February 2026 in Abuja, bolsters a shared commitment to modernise African agriculture by scaling proven technologies, strengthening seed systems, and expanding partnerships

The African Development Bank Group (AfDB) (www.AfDB.org) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million grant agreement to launch the third phase of the Technologies for African Agricultural Transformation Program (TAAT-III), aimed at scaling climate-resilient food production across the continent. The agreement, signed on 18…

African Development Bank Group (AfDB)

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    • African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation (1)
    • African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation

Participants concluded that achieving a visa-free Africa will require aligning migration policies, digital identity systems, and border infrastructure, alongside sustained political commitment

African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s economic transformation under the African Continental Free Trade Area (AfCFTA). The call was reinforced at a High-Level Symposium on Advancing a Visa-Free Africa…

African Development Bank Group (AfDB)

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    • ECOWAS and African Development Bank Group delegations met in Abidjan on 19- 20 February 2026 for an orientation session marking the induction of the Board of Directors of the Abidjan-Lagos Corridor Management Authority (1)
    • ECOWAS and African Development Bank Group delegations met in Abidjan on 19- 20 February 2026 for an orientation session marking the induction of the Board of Directors of the Abidjan-Lagos Corridor Management Authority (2)
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Source: African Development Bank Group (AfDB) |

Mega Abidjan-Lagos Corridor Project Enters Operational Phase with Launch of Governing Board

Stretching 1,028 kilometres, the Abidjan-Lagos Corridor Highway is envisioned as a transformative regional infrastructure linking five West African economies and serving as a key industrial and trade driver by 2030

The Economic Community of West African States (ECOWAS) and the African Development Bank Group (www.AfDB.org) held a two-day orientation and information session in Abidjan to induct the 10- member Board of Directors of the Abidjan-Lagos Corridor Management Authority (ALCoMA). The session, held on 19 and 20 February 2026, forms part…

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    • Participants at the launch in Rabat included (from left to right): El Baijouni Ihssane and Belahsen Sara of the Crédit Agricole du Maroc Group (GCAM), Mouaffak Amine of the African Development Bank, Nyambe Monde of the Multilateral Cooperation Center for Development Financing (MCDF), Chehhar Mustapha and Taimouri Lamya of the GCAM, and Rais Wadii of the African Development Bank
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Source: African Development Bank Group (AfDB) |

Green finance: African Development Bank accords $1 million grant to strengthen actions of Crédit Agricole du Maroc Group in climate transition

The programme advances Morocco's compliance with Nationally Determined Contribution (NDC) and strengthens the alignment of national financial flows with the country’s climate priorities

The African Development Bank Group (www.AfDB.org), through the African Green Banks Initiative (https://apo-opa.co/3M7ebo6) and the Multilateral Cooperation Center for Development Finance (https://apo-opa.co/4qgESVs), launched on 28 January a $1 million technical assistance program for Crédit Agricole du Maroc Group (GCAM). The financing will support strengthening GCAM’s institutional, operational and financial capacities to…

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    • With the Sustainable Energy Fund for Africa, the African Development Bank Group is contributing to an accelerated implementation of National Energy Compacts by supporting key upstream reforms in some of its regional member countries
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Source: African Development Bank Group (AfDB) |

African Development Bank (AfDB) Approves New Program to Help African Countries Turn Energy Promises into Power for Millions

The new project, known as AESTAP Mission 300 Phase II, will provide direct technical support to 13 Mission 300 countries over the next 24 months

The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) has approved a new USD 3.9 million, two-year technical assistance project to support African countries in the implementation of their National Energy Compacts into action under Mission 300, the AfDB–World Bank initiative to connect 300 million Africans to electricity…