We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • The newly inaugurated ultra-modern Central Regional office complex of the Bank Group
    • Inauguration of the regional office of the African Development Bank Group in Yaoundé, symbolizing a new chapter in regional development
    • African Development Bank Group Vice President in charge of Regional Development, Regional Integration and Service Delivery, Marie-Laure Akin-Olugbade; the General Manager of the Bank's regional office for Central Africa, Serge N'Guessan; Cameroon's Prime Minister Joseph Dion Ngute; and the Minister of Economy, Planning, and Territorial Administration, Alassane Alamine Mey, at the ribbon-cutting ceremony of the Bank Group's new Central Africa office in Yaoundé
  • All (3)
Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank bolsters Central Africa presence with inauguration of new regional office in Yaoundé

Situated in the Golf district, the six-storey regional office building is equipped with 130 workstations, several meeting rooms, and a clinic

In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) (www.AfDB.org) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon. Joseph Dion Ngute, Prime Minister of Cameroon, and Marie-Laure Akin-Olugbade, the Bank Group's Vice-President for the Regional Development, Integration and Business Delivery…

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

African Development Bank publishes report on callable capital

The report presents the circumstances leading to a call on callable capital, and the processes for such a call being made by the Bank and met by shareholders

The African Development Bank (www.AfDB.org) has published a report clarifying the legal framework, processes and governance for a call on the callable capital by the institution. Callable capital refers to the portion of the Bank’s capital that is subscribed by shareholders but not immediately paid. It represents a commitment to…

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

African Development Bank enhances Empowering Novel Agri-Business-Led Employment (ENABLE) Youth Programs for greater impact

The ENABLE Youth program helps young African men and women access financing to grow their enterprises

The African Development Bank (www.AfDB.org) successfully concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led Employment (ENABLE) Youth Program in preparation for its next phase. The ENABLE Youth program helps young African men and women access financing to grow their enterprises. Currently active in 15…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • African Development Bank sets out two priority areas for the CSP 2024-2029 for Zambia: boosting private sector development through infrastructure investments and developing the country’s agricultural value chain
  • All (1)
Source: African Development Bank Group (AfDB) |

2024-2029 Development priorities for Zambia: Infrastructure and Agricultural Value Chain

The African Development Bank Group will provide assistance to the agricultural sector, concentrating primarily on the development of farm blocks and value chains, to improve the sector’s climate resilience and agricultural productivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas: Boosting the development of the private sector through investments in infrastructure and developing the country’s agricultural value chain. “The aim of…

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

African Development Bank and Central African Republic forge stronger alliance to tackle fragility and drive sustainable development

Despite fragility stemming from political and security factors, the Bank has remained resolute in supporting the country’s sustainable development objectives

The African Development Bank (www.AfDB.org) and the Central African Republic (CAR) have reinforced their partnership during an official visit by Marie Laure Akin-Olugbade, Vice President for Regional Development and Business Delivery, from 25-27 March. Akin-Olugbade engaged with key stakeholders and government leaders, including President Faustin-Archange Touadera and Prime Minister Felix…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • (Left to Right): Bendjin Kpeglo, Managing Director of AGF West Africa; Wilfried Abiola, the African Development Bank’s Country Manager for Togo; Akuwa Dogbé Azoma, National Director for Togo at the Central Bank of West African States (BCEAO); Koffi Gani, Principal Private Secretary for the Togolese Minister for Social Action, the Advancement of Women and Literacy; Melissa Basque-Roux, Acting Coordinator of the AFAWA initiative; Jules Ngakam, CEO of the AGF Group
  • All (1)
Source: African Development Bank Group (AfDB) |

Affirmative Finance Action for Women in Africa (AFAWA) Finance Series Togo: African Development Bank and African Guarantee Fund unite to strengthen female entrepreneurs' access to finance

This innovative programme aims to make up to $3 billion available for women-led small and medium-sized enterprises, via guarantees to financial institutions to mitigate lending risks

The African Development Bank (www.AfDB.org) and the African Guarantee Fund (AGF) (https://apo-opa.co/4apZNya) have brought the curtain down on the AFAWA Finance Series Togo conference, a key note event aimed at  promoting a better understanding of the financing needs of Togolese women entrepreneurs and debunking the myth that women-run companies are…

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

African Legal Support Facility appoints Akere Muna as Goodwill Ambassador

A renowned lawyer and committed to fighting corruption, Muna will assist ALSF in mobilising resources to make its services accessible to its member countries

The African Legal Support Facility (ALSF) has appointed Akere Muna, an eminent lawyer and international legal consultant, as Goodwill Ambassador, marking a new chapter in its commitment to build sustainable legal capacity on the African continent. Muna was  appointed by the Governing Council of the ALSF for a term of…

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

Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) grant for green jobs in natural resources

The target reach group includes women, youth and people with disabilities/special needs, engaged in managing natural resource sectors such as agroforestry, fisheries and biodiversity

The African Development Bank (www.AfDB.org), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) (https://apo-opa.co/3J81Cnx), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth and people with disabilities. The Strengthening Women, Youth and People with Disabilities’ Micro-Entrepreneurship for Green Jobs (https://apo-opa.co/3U9MFqb) in…

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

African Development Bank Debars China Henan International Cooperation Group Company Limited for 12 Months for a Fraudulent Practice

During the debarment period, China Henan International Cooperation Group Company Limited and specified affiliates will be ineligible to participate in Bank Group-financed activities

The African Development Bank Group (www.AfDB.org), on 28 March 2024, announces the conclusion of a negotiated settlement agreement with China Henan International Cooperation Group Company Limited, thus putting an end to sanctions proceedings for a fraudulent practice against China Henan International Cooperation Group Company Limited. Pursuant to the negotiated settlement…

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

Nigeria: African Development Bank signs $75 million loan agreement to boost Indorama’s fertilizer production and export capacity

Indorama’s two operational urea fertilizer lines serve Nigeria’s domestic market, supporting the country’s agricultural sector

The African Development Bank (www.AfDB.org) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job…