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 (1)
    • The African Development Bank is helping improve transport connectivity in Somalia and across the Horn of Africa to boost cross-border trade and regional integration
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Group approves $76.3 million in additional financing to advance transport connectivity in the Horn of Africa

The Programme aims to improve transport connectivity within Somalia, and between the country and its neighbours in the Horn of Africa

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $76.37 million in additional financing for the Road Infrastructure Programme in Somalia, a key component of the Horn of Africa corridor project linking Somalia, Djibouti and Ethiopia. The new funding package comprises $49.16 million from the African…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali
  • All (1)
Source: African Development Bank Group (AfDB) |

The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali

The project will contribute to the socioeconomic development of Guinea and Mali by providing inhabitants with better access to high-quality, low-cost energy

The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project. The financing, agreed in Abidjan on 10 December 2025, from the African Development Bank Group's concessional window includes a loan of approximately $22 million and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Bank Group remains a very strong" supporter of the Great Green Wall, said Al-Hamndou Dorsouma (1st on the right), head of the Bank's Climate and Green Growth division
  • All (1)
Source: African Development Bank Group (AfDB) |

At the 30th United Nations Climate Change Conference (COP30), African Development Bank (AfDB), development partners call for major new financing to accelerate Africa’s Great Green Wall initiative

In January 2021, €19 billion in contributions were announced for the Great Green Wall during a round table organised in Paris alongside the One Planet Summit on biodiversity

At the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, development partners including the African Development Bank (www.AfDB.org), urged for a scale up in financing to deliver the Great Green Wall’s 2030 targets. Currently funded by contributions from Member States and development partners, this African Union initiative aims…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Bank is providing major financial support to Benin to sustainably increase poultry production in that country
  • All (1)
Source: African Development Bank Group (AfDB) |

Benin: African Development Bank to invest €102 million to boost poultry meat production

Implementation of the Programme in Benin’s savannah region will directly benefit some 50,000 people, with a further 500,000 benefiting indirectly, of which 30% of each target groups will be women

The Board of Directors of the African Development Bank Group (http://AfDB.org) meeting in Abidjan today approved a €102.12 million loan to Benin to implement the first phase of the Agriculture Transformation Programme in the country’s savannah region. The programme aims to sustainably increase national poultry meat production in line with…

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

African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project

The project is poised to leverage the country’s world-class solar and wind energy resources

The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • From left AfDB Chief Financial Management Officer Jonathan Nyamukapa, PAFA CEO Alta Prinsloo, AfDB Senior Governance Officer Bernadette Kizito Nakabuye AfDB Governance Manager Kalayu Gebre- Selassie, PAFA Director, Effective Professional Accountancy Organizations Evelyn Mwapasa and FAPA Project Coordinator Claudious Chikozho at SAIPA house in Johannesburg
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank, Pan African Federation of Accountants launch $5.2 million initiative to professionalise African accountancy sector

Strategic partnership will tackle critical shortage of public-sector financial professionals across the continent

The African Development Bank Group (www.AfDB.org) and the Pan African Federation of Accountants (PAFA) have launched a $5.2 million institutional support project to address a severe shortage of qualified public sector accountants and auditors across Africa. The launch event was held on 26 November at The South African Institute of Professional Accountants (SAIPA) House…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park
  • All (1)
Source: African Development Bank Group (AfDB) |

Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park

The Project to Strengthen Connectivity at the Ngandajika Agro-Industrial Park is a strategic investment aimed at integrating the park more effectively into the main economic corridors of central DRC

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $159.50 million loan to the Democratic Republic of Congo (DRC) to improve connectivity to the Ngandajika Agro-Industrial Park and help open up the country’s central region. The total project cost is $177.16 million, with co-financing from…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries (1)
    • African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries (2)
    • Govt, SADC, and AfDB representatives join stakeholders for the 2025 World Fisheries Day celebrations in Botswana
  • All (3)
Source: African Development Bank Group (AfDB) |

African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries

$9.2 million initiative boosts cross-border fish trade to over 500,000 tonnes, creating jobs and strengthening food security across Southern Africa

A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes. The Program for Improving Fisheries Governance and Blue Economy Trade Corridors (PROFISHBLUE) (https://apo-opa.co/3Y8pOgL) has generated cross-border trade volumes…

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

African Development Bank approves landmark $1.78 billion strategy to support transformation of Namibia's economy and create jobs

The Namibia CSP aligns with the Bank Group's Four Cardinal Points, Namibia's Vision 2030, and Africa's Agenda 2063

The African Development Bank Group's (www.AfDB.org) Board of Directors has approved a Country Strategy Paper (CSP) for Namibia committing $1.78 billion to support economic transformation and inclusive growth in the 2025-2030 period. The financing is expected to pave the way job for creation and economic diversification while also addressing key…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • African Development Bank continues to support Cabo Verde in improving transparency and efficiency in public procurement
  • All (1)
Source: African Development Bank Group (AfDB) |

Cabo Verde: African Development Bank Group approves €17.7 million to advance public sector digitisation

An action plan to rationalise tax expenditures will be developed and published, along with full estimates of annual tax expenditures in the 2026 budget to improve transparency

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €17.71 million loan to support the second phase of Cabo Verde’s E-Governance and Public Financial Management Reform Programme. The Bank’s Board of Directors approved the financing on Monday, continuing support that began last year as the…