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    • Paris Summit Aims to Secure Commitments Toward $4B Needed to Close Clean Cooking Funding Gap for African Women
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Source: African Development Bank Group (AfDB) |

Paris Summit Aims to Secure Commitments Toward $4B Needed to Close Clean Cooking Funding Gap for African Women

The $4 billion needed annually is a small fraction of the $2.8 trillion invested globally in energy each year

Summit expected to build on ground-breaking clean cooking initiatives launched at COP28; African Development Bank’s Adesina (www.AfDB.org), Tanzanian President Hassan, Norway Prime Minister Jonas Gahr Støre and International Energy Agency Executive Director Fatih Birol to co-chair event. Development partners gathering in Paris on 14 May are expected to pledge towards the…

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    • African Development Bank Group President Dr Akinwumi Adesina told media leaders the African Development Bank would work with the AllAfrica Media organisation and African financial institutions to establish an Annual Africa Media Prize
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African Development Bank proposes Annual Africa Media Prize to promote more balanced reporting of continent and its achievements

The summit on the theme of “Re-engineering African Media in Times of Critical Transformation” brings together over 300 African media

Dr Akinwumi Adesina, the president of the African Development Bank Group (www.AfDB.org), announced the creation of an Annual Africa Media Prize to recognise and profile African journalists, correspondents and media houses that showcase Africa’s achievements and progress. Adesina said the African Development Bank would work with the AllAfrica Media organisation…

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    • African Development Bank Group President Dr Adesina leads participants at the All Africa Media Leaders’ Summit in observing a minute of silence in honor of victims of the ongoing floods in Kenya
    • In a discussion with Julie Gichuru of the Mastercard Foundation after his address, Adesina said, “We cannot industrialise in the dark, we cannot develop in the dark. Our kids cannot be competitive in a world of darkness
    • African Development Bank Group President Calls for Media Transformation to Uplift Africa’s Global Narrative (1)
    • African Development Bank Group President Calls for Media Transformation to Uplift Africa’s Global Narrative (2)
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African Development Bank Group President Calls for Media Transformation to Uplift Africa’s Global Narrative

The Bank Group President also spoke about the challenges and transformations within the media sector, highlighting the impact of digital technology

The President of the African Development Bank Group (www.AfDB.org), Dr Akinwumi Adesina, delivered an impassioned plea for more balanced media coverage of Africa and its development, noting it was critical for changing false narratives. Adesina said this on Thursday in a keynote speech to the All Africa’s Media summit in…

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    • African Development Bank advocates for agritech scaling, partnerships and affordable fertilizer access at Africa Fertilizer and Soil Health Summit
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African Development Bank advocates for agritech scaling, partnerships and affordable fertilizer access at Africa Fertilizer and Soil Health Summit

The event will explore solutions to widespread declines in farmland soil quality and build consensus on an African Fertilizer and Soil Health Action Plan

This week, the African Development Bank Group (www.AfDB.org) will leverage its deep expertise and convening power to highlight the crucial role of agricultural technologies, fertilizer and healthy soils in driving sustainable agricultural growth at the Africa Fertilizer and Soil Health Summit in Nairobi. Representing Bank Group President Dr. Akinwumi A.…

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    • Eyerusalem Fasika, African Development Bank Ghana country Manager (middle), delivering her opening remarks during the hybrid launch of the MicroGREEN project in Accra. Joining her physically are Carol Anang, Invest In Africa Country Manager for Ghana (right), and Bekale Ollame, Ghana Country Program Officer (left)
    • Screenshot of online participants during the launch
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Fostering Inclusive Growth: African Development Bank and Invest in Africa unveil MicroGREEN Project to Empower Marginalized Groups

The project seeks to generate up to 500 green job opportunities while delivering essential business development services

The African Development Bank (www.AfDB.org) and Invest in Africa have jointly launched the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal. Titled "Strengthening Women, Youth and People with Disabilities’ Micro Entrepreneurship for Green Jobs in Natural Resources (MicroGREEN),” the project seeks to generate…

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    • The 2024 award conference was attended by road experts from several African countries, in addition to the selection committee
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Africa Road Builders: two African heads of state receive 2024 Babacar Ndiaye Prize

The “Africa Road Builders” prize was created in honour of Babacar Ndiaye, who was President of the African Development Bank Group from 1985 to 1995

The “Africa Road Builders” Selection Committee met in Dubai in the United Arab Emirates on 18 April 2024 where it awarded the Babacar Ndiaye Prize 2024 to the Presidents of Equatorial Guinea and of the Republic of Congo, Téodoro Obiang Nguema Mbasogo and Denis Sassou-Nguesso. They follow in the footsteps…

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    • $4 Trillion is New Annual Financial Target to Save Sustainable Development Goals, says African Development Bank’s Adesina
    • Africa is the worst affected region by climate change in the world, yet it receives the least in terms of climate financing. (Picture: floods in Nairobi, 24 April 2024. Credit: AFP)
    • 34 heads of state and government committed to implement country-led food and agricultural delivery compacts to achieve food security by 2030 at the Feed Africa Summit (Dakar 2) held in January 2023
    • The current annual investment of $4.5 billion in health infrastructure is significantly insufficient when measured against the actual need of $25 billion, said Dr. Adesina
    • “Islamic finance principles of shared prosperity, risk-sharing, and ethical investment present a clear path toward bridging the SDGs financing gap,” said Islamic Development Bank President Dr Mohammed Al Jasser
    • From left to right: African Development Bank Group President Dr. Akinwumi Adesina, Saudi Arabia’s Governor to the African Development Bank Dr Ryadh M. Alkhareif and Saudi Exim Bank CEO Engineer Saad Al-Khalb
    • From left to right: Dr. Akinwumi Adesina and Saudi Fund for Development CEO Sultan bin Abdulrahman Al-Marshad
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$4 Trillion is New Annual Financial Target to Save Sustainable Development Goals, says African Development Bank’s Adesina

Adesina also spotlighted the African Development Bank’s strategic High 5 program as a cornerstone for progress, as underscored by an independent analysis by the United Nations Development Program

Adesina delivers keynote address as Islamic Development Bank marks its 50th anniversary; Climate and health initiatives are of paramount importance.  African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s…

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    • Water for the future: Tangiers takes steps to secure its blue gold (1)
    • Water for the future: Tangiers takes steps to secure its blue gold (2)
    • Water for the future: Tangiers takes steps to secure its blue gold (3)
    • Water for the future: Tangiers takes steps to secure its blue gold (4)
    • Water for the future: Tangiers takes steps to secure its blue gold (5)
    • Water for the future: Tangiers takes steps to secure its blue gold (6)
    • Water for the future: Tangiers takes steps to secure its blue gold (7)
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Water for the future: Tangiers takes steps to secure its blue gold

Overlooking the Strait of Gibraltar at the northern tip of Morocco, Tangiers is a cosmopolitan place and gateway to the great continent of Africa

The white city of Tangiers wakes gently at daybreak. Schoolchildren mill up and down the main streets of the old town, the medina, crossing paths with the crowd heading to offices and a few morning tourists. Overlooking the Strait of Gibraltar at the northern tip of Morocco, Tangiers is a…

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    • Representatives of the African Development Bank, African Fertilizer Financing Mechanism, the Government of Norway and Apollo Agriculture at the Nairobi launch of the Financing for Sustainable Agriculture Management Project
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Source: African Development Bank Group (AfDB) |

Kenyan Farmers Get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee

The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales

In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism (https://apo-opa.co/3W642uA) has launched a project that will help deliver nearly 8,000 tons of fertilizers to 100,000 smallholder farmers, boosting harvests and incomes. Through its Fertilizer Financing for Sustainable Agriculture Management Project (https://apo-opa.co/3QfyVsr), the Mechanism will provide a…

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    • Appointment : Jalel Trabelsi, Special Envoy of the African Development Bank Group President for Middle East, North Africa and the Gulf Region
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African Development Bank’s Dr. Adesina appoints Ambassador Jalel Trabelsi as Special Envoy for Middle East and North Africa and Gulf Region

Ambassador Trabelsi brings to the role over 30 years of experience as a highly accomplished and distinguished diplomat

The President of the African Development Bank Group Dr. Akinwumi Adesina (www.AfDB.org) has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the Middle East and North Africa (MENA) and Gulf Region. Ambassador Trabelsi brings to the role over 30 years of experience as a highly accomplished and…