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African Development Bank Group (AfDB)

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    • Togo's Minister of Economy and Finance Essowè Georges Barcola and AfDB VP Nnenna Nwabufo signed an agreement for a partial credit guarantee to help the country mobilize €200 million
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Source: African Development Bank Group (AfDB) |

Togo: African Development Fund and the Republic of Togo Sign Partial Credit Guarantee Agreement to support mobilization of EUR 200 million Sustainable Loan

Funds mobilized under the partial credit guarantee will be allocated to green and social projects including climate adaptation, biodiversity preservation, sustainable agriculture, access to clean energy and pollution control

The African Development Bank Group (www.AfDB.org) and the Government of Togo have signed a partial credit guarantee agreement to support the country’s mobilization of a sustainable financing facility of €200 million. Provided by the African Development Fund, the concessional lending arm of the African Development Bank Group, this partial credit…

African Development Bank Group (AfDB)

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    • The African Development Bank Group's Business Opportunities Seminar brought together private-sector players from 40 countries across the continent
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Source: African Development Bank Group (AfDB) |

Annual Meetings 2025: African private-sector players and African Development Bank officials discuss business opportunities

The Bank provided updated information on its procurement plan and contractual policies, as well as on procedures for accessing business opportunities for companies or projects

On the fourth day of the African Development Bank Group’s (www.AfDB.org) Annual Meetings in Abidjan (http://apo-opa.co/3ZcPGZZ), a seminar on business opportunities with the Group brought together private-sector players from 40 African countries and led to constructive exchanges with Bank officials. "Africa will not develop without a robust private sector. This seminar…

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

African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M) to tell a New African Story on Regional Integration

With the Bank’s new Ten-Year Strategy (2024-2033) firmly rooting Integrate Africa as a major pillar, the conversations centred on what is to come following 10 years of investing in Africa’s integration

The African Development Bank Group ( www.AfDB.org) has unveiled its first edition of Integrate Africa Magazine (I.A.M.) during a colourful ceremony at the Sofitel Hotel, Abidjan. The event, held on Monday 26 May as part of the Bank’s 2025 Annual Meetings, marks the beginning of a new African story – celebrating…

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

Curtain falls on African Development Bank Group 2025 Annual Meetings, New President Elected

On Thursday, governors of the Group’s 81 shareholders elected former finance minister Mauritanian Sidi Ould Tah as the new president of the continent’s premier development institution

Nigeria provides $500 million to extend the Nigeria Trust Fund for another 15 years  “It has been the greatest honour of my life to serve as president of the African Development Bank Group and to serve Africa “– Dr. Akinwumi Adesina  The African Development Bank Group’s 2025 Annual Meetings (www.AfDB.org)…

African Development Bank Group (AfDB)

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    • The Mayi Nunene health centre was built as part of the project to strengthen socioeconomic infrastructure in central DRC
    • View of the RN1 section at Batshamba
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Source: African Development Bank Group (AfDB) |

In the Democratic Republic of Congo (DRC), the African Development Bank is accelerating the transformation of infrastructure and access to basic social services

This initiative will benefit over 19 million people by facilitating access to markets, improving the availability of agricultural products and food security, and supporting mobility and economic activities

Roads in Kenge, Kikwit, Tshikapa, Kamuensha, and Mbuji-Mayi have been completely rehabilitated, new stretches of road built, and urban roads modernized. Numerous examples of socioeconomic infrastructure have also benefited from the financial support of the African Development Bank Group (www.AfDB.org), helping to transform the daily lives of hundreds of thousands…

African Development Bank Group (AfDB)

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    • African Development Bank President Akinwumi Adesina shares thoughts on 10 years of leadership with media at 2025 Annual Meetings, Abidjan, May 2025
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Source: African Development Bank Group (AfDB) |

“A Mission, Not a Job!” - African Development Bank President reflects on a decade of leadership

The press briefing is the first official event of the Bank’s 2025 Annual Meetings, taking place in Abidjan, Cote d’Ivoire from 26 to 30 May 2025

Speaking Monday at a breakfast meeting with journalists, the President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, described his ten-year presidency as a consuming yet profoundly fulfilling mission. The press briefing is the first official event of the Bank’s 2025 Annual Meetings, taking place in Abidjan, Cote…

African Development Bank Group (AfDB)

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    • Sidi Ould Tah
    • Sidi Ould Tah elected ninth president of the African Development Bank Group (1)
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Source: African Development Bank Group (AfDB) |

Sidi Ould Tah elected ninth president of the African Development Bank Group

Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina

Sidi Ould Tah of Mauritania was today elected President of the African Development Bank Group (www.AfDB.org) at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire.   Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or Central Bank Governors of the Bank Group’s 81 regional…

African Development Bank Group (AfDB)

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    • The knowledge event, organized by Côte d'Ivoire — host of the African Development Bank Group’s 2025 Annual Meetings — provided a platform to explore how best to mobilize and leverage Africa's capital for development
    • Koffi N'Guessan, Ivorian Minister of Vocational Training and Apprenticeships, emphasized the need to train Africa's youth to meet the needs of the private sector
    • Hervé Lohouès, Division Manager in the Country Economics Department at the African Development Bank, underlined the importance of taking natural resources into account when calculating the GDP of African countries
    • 2025 Annual Meetings: Africa’s Vast Human and Natural Capital Key to Achieving African Union's Agenda 2063, experts affirm (1) (FR)
    • 2025 Annual Meetings: Africa’s Vast Human and Natural Capital Key to Achieving African Union's Agenda 2063, experts affirm (2) (PT)
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Source: African Development Bank Group (AfDB) |

2025 Annual Meetings: Africa’s Vast Human and Natural Capital Key to Achieving African Union's Agenda 2063, experts affirm

Agenda 2063 -- adopted in January 2015 by the African Union – remains the strategic framework for the continent's economic and social transformation

Africa, the world's youngest continent with immeasurable natural resources, has all it needs to achieve the African Union's Agenda 2063, provided the right public policies are implemented, according to government officials and development experts. The experts expressed this shared conviction on Monday during the 2025 Annual Meetings of the African…

African Development Bank Group (AfDB)

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    • Youth agripreneur and “Mon chips” brand founder Koffi Amani François Xavier presenting at the Enable Youth side event
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Source: African Development Bank Group (AfDB) |

At African Development Bank Group 2025 Annual Meetings, young agripreneurs transforming Africa’s Agriculture in spotlight

The side event drew policymakers, private sector leaders, development partners, young agripreneurs and other participants to share insights on scaling up youth-led agribusinesses across Africa

An Ivorian entrepreneur who started up a snack food business with about $100, then transformed it into a multinational supplier of a popular potato chip, is crediting the African Development Bank’s Enable Youth program for his success. Thirty-year-old “Mon chips” brand founder Koffi Amani François Xavier told an audience Tuesday…

African Development Bank Group (AfDB)

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    • AfDB Senior Vice president Marie-Laure Akin Olugbade (third from left), Vice President Kevin Urama (fourth from right) and high-level attendees at the launch of the African Economic Outlook during the AfDB Annual Meetings
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Source: African Development Bank Group (AfDB) |

African Economic Outlook 2025—Africa’s short-term outlook resilient despite global economic and political headwinds

With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue sources, and curbing leakages

Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and trade tensions, the African Development Bank Group (www.AfDB.org) said Tuesday in its flagship 2025 African Economic Outlook report.  Despite the prevailing domestic and…