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African Development Bank Group (AfDB)

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    • Central African government officials responsible for regulating natural resources strengthen their capacities to combat illicit financial flows and resource-backed lending, during a GONAT project workshop organized by the African Development Bank in Bangui, from June 10 to 13, 2024
    • Group photo of participants in the policy dialogue on combating illicit financial flows within the framework of the GONAT project (Bangui, June 10-13, 2024). From left to right: Mr. Sébastien Mangele, Country Economist for the CAR, African Development Bank; Mr. Charles Nyirahuku, Head of Gas Sector, African Development Bank, Professor Prince E. Danguene, Research Professor, Faculty of Science, University of Bangui, Mr. Gilbert Nengbi Kovoungbo, President of the Consortium of Central African Civil Society Organizations, Ms. Kessy M. Ekomo Soignet, Vice President, Interprofessional Group of Central Africa, Prof. Chantal L. Djebebe, Minister, Advisor to the Central African Prime Minister in charge of Natural Resources, Mr. Georges H. Ouaboua, Chief of Staff, Ministry of Mines and Geology, Salami Adeleke, Chief Capacity Development Officer and Macroeconomist, African Development Bank, Boye B. Kissagne, Principal Country Program Officer for CAR, African Development Bank
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Source: African Development Bank Group (AfDB) |

Central African Republic : African Development Bank Strengthens Capacity to Tackle Illicit Financial Flows and Manage Resource-backed Loans

Workshop participants emphasized the growing use of resource-backed loans – facilities collateralized by natural resources – to finance infrastructure development

The African Development Bank Group (www.AfDB.org) has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows (IFFs) and improve the governance of resource-backed loans. Held in Bangui from 10-13 June 2025 under the theme “Harnessing Africa’s Wealth: Curbing…

African Development Bank Group (AfDB)

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    • Family photo in Togo, with government representatives, members of the Country Office of AfDB Group, and civil society actors
    • Speech by Wilfrid Abiola, Head of the Togo Country Office of AfDB Group
    • Togo: African Development Bank strengthens partnership with civil society
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Source: African Development Bank Group (AfDB) |

Togo: African Development Bank strengthens partnership with civil society

The CSO Open Day in Lomé aimed to strengthen collaboration between the Bank and civil society by sharing information on the Bank’s development operations and projects in Togo

The African Development Bank (www.AfDB.org) held its first-ever Civil Society Open Day in Lomé, Togo, on 3 June. The event brought together representatives from the Togolese government, around 30 national and international civil society organisations (CSOs), and Bank staff — all committed to strengthening development partnerships in Togo. The key…

African Development Bank Group (AfDB)

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    • Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms
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Source: African Development Bank Group (AfDB) |

Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms

For the first time, the 2024 ERI also assessed regional regulatory bodies, recognizing their growing role in harmonizing technical standards and enabling cross-border electricity trade

Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI) (www.AfDB.org), demonstrating exceptional progress in power sector governance and regulatory outcomes. The comprehensive assessment, officially unveiled today at the Africa Energy Forum in Cape Town, evaluates regulatory frameworks across 43 African countries. …

African Development Bank Group (AfDB)

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    • From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings (1)
    • Caroline Kende-Robb, Senior Director of Strategy and Operational Policies at the Bank
    • From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings (2)
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Source: African Development Bank Group (AfDB) |

From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings

As Africa moves forward in artificial intelligence, the African Development Bank reaffirms its commitment to shaping a digital future that is inclusive, sovereign, and anchored in shared prosperity

One side event at the African Development Bank Group’s (www.AfDB.org) 2025 Annual Meetings unpacked the use of Artificial Intelligence (AI) as a powerful tool to advance inclusive and sustainable development across the African continent. Held under the theme: “The AI Revolution: How Will AI Support the Delivery of the African…

African Development Bank Group (AfDB)

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    • President Samia Suluhu Hassan and Bank Group President Adesina assess construction progress of the Msalato International Airport
    • President of Tanzania, Samia Suluhu Hassan addresses the community during a tour of Bank-funded transport projects in Dodoma with Bank Group President, Dr. Akinwumi Adesina, with his wife Grace Adesina, on 14 June 2025
    • “These [Bank] projects address the realities of Dodoma’s fast-rising population and the increasing demand for efficient transport,” President of Tanzania said during the Dodoma Outer Ring Road Commissioning Ceremony, on 14 June 2025
    • Adesina cannot hide his emotion upon hearing the Dodoma Outer Ring Road will be named after him during its commissioning ceremony
    • A section of the Dodoma Outer Ring carriageway, now named after Dr Adesina
    • Mama Samia and the crowd laugh and cheer as Adesina speaks Kiswahili during the Dodoma Ring Road commissioning ceremony (1)
    • Mama Samia and the crowd laugh and cheer as Adesina speaks Kiswahili during the Dodoma Ring Road commissioning ceremony (2)
    • Dr Adesina with the Class of 2025 University Dar es Salaam doctoral graduates, after being awarded a Doctor of Science Honorary Degree
    • Tanzania celebrates and honors Akinwumi Adesina’s impactful legacy as President of the African Development Bank
    • Adesina and Former President of Tanzania, Jakaya Kikwete, enjoy a 3-hour ride from Dar es Salaam to Dodoma on the Standard Gauge Railway
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Source: African Development Bank Group (AfDB) |

Tanzania celebrates and honors Akinwumi Adesina’s impactful legacy as President of the African Development Bank

President Suluhu Hassan names 112-kilometer iconic highway after Adesina

The Government of the United Republic of Tanzania, on 14 June, has honored the President of the African Development Bank Group (www.AfDB.org) Dr Akinwumi Adesina describing him as “a visionary leader, a tireless son of Africa who has dedicated his life to transform the narrative of the continent.” President Samia…

African Development Bank Group (AfDB)

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    • Gabonese President Brice Oligui Nguema (right) and Dr. Akinwumi Adesina unveil the inauguration plaque of the PK5 pumping station in Libreville, which will serve 128,000 people
    • President Adesina shares a heartfelt moment with children of the National School for Hearing-Impaired Children in Nzeng-Ayong, Libreville, which has been connected to clean drinking water since 2 June
    • President Akinwumi Adesina has been awarded the title of Grand Officer of the Gabonese Order of Merit by President Brice Oligui Nguema, Head of State and Grand Master of Gabonese Orders
    • Gabonese President Brice Oligui Nguema (right) cuts the ribbon of PK5 pumping station in Libreville, in presence of African Development Bank Group President Dr. Akinwumi Adesina
    • A project official presents the state-of-the-art equipment of the Libreville drinking water pumping station to Gabonese President Brice Oligui Nguema and African Development Bank President Akinwumi Adesina
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Source: African Development Bank Group (AfDB) |

Gabonese President Brice Oligui Nguema and African Development Bank's (AfDB) Akinwumi Adesina Inaugurate Water Pumping Station for Greater Libreville

The initiative ensures that more than 300,000 people—approximately 31% of Libreville’s 967,095 residents—now have sustainable and permanent access to clean water

“Ten years without clean water: erased! Ten years without hope: forgotten! Ten years of suffering: over!”—Adesina to residents of Libreville’s outlying neighborhoods. Adesina Receives Gabon’s Highest Civilian Honor Gabonese President Brice Oligui Nguema and African Development Bank Group President Dr. Akinwumi Adesina (www.AfDB.org) on Monday jointly inaugurated a new drinking…

African Development Bank Group (AfDB)

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    • African Development Bank project restores electricity in Zimbabwean communities following devastating Cyclone Idai
    • One of the many electrical facilities installed as part of Cyclone Idai recovery infrastructure following
    • Thanks to improved electricity access, Jacob's income from his workshop has increased, allowing him to build a larger home for his family (1)
    • Thanks to improved electricity access, Jacob's income from his workshop has increased, allowing him to build a larger home for his family (2)
    • An apprentice learns welding and metalwork at a community entrepreneurship center powered by electricity from the AfDB-funded Post-Cyclone Idai Emergency Recovery Project
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Source: African Development Bank Group (AfDB) |

African Development Bank project restores electricity in Zimbabwean communities following devastating Cyclone Idai

The AfDB-funded Post-Cyclone Idai Emergency Recovery Project restored electricity access, revitalizing businesses across communities in Zimbabwe

In March 2019, Cyclone Idai tore through Zimbabwe's eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity, roads, and water systems—were severed in a matter of hours. The 155-kilometer powerline stretching from Middle…

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

African Development Bank Concludes Strategic High-Level Mission to Ghana, Identifies Five Key Areas for Transformational Partnership

Bank commits to supporting Ghana's 24-hour Economy initiative, infrastructure, Public-Private Partnership development, and domestic capital mobilization under President Mahama's administration

Representatives of the African Development Bank Group (www.AfDB.org) have concluded a week-long high-level mission to Ghana, marking the institution's first major engagement with the country's new administration under President John Dramani Mahama. The delegation, led by Solomon Quaynor, the Bank Group’s Vice President for Private Sector, Infrastructure, and Industrialization, conducted…

African Development Bank Group (AfDB)

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    • African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity
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Source: African Development Bank Group (AfDB) |

African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity

The project advances Cabo Verde’s goal of generating 50% of its electricity from renewables by 2030 as well as its Nationally Determined Contribution under the Paris Agreement

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €19.6 million financing package to support the Cabeólica Phase II Expansion Project in Cabo Verde. The project is the country’s first renewable energy initiative to integrate wind power generation and battery energy storage systems (BESS) at…

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

African Development Bank, British International Investment and European Bank of Reconstruction and Development support pioneering solar and battery storage project in Egypt with $476 million loan

The project’s blended financing of $475.6 million corresponds to approximately 80 per cent of the total estimated capital expenditure of $590 million

Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak demand.  It is expected to generate approximately 3,000 GWh of clean energy and avoid up to 1.4 million tons of emissions annually, supporting Egypt’s decarbonisation goals. The African Development Bank (www.AfDB.org),…