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African Development Bank Group (AfDB)

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    • Kevin Kariuki, African Development Bank Group Vice President for Power, Energy, Climate and Green Growth (1st from left) and Gareth Phillips, Group Climate and Environmental Finance Manager (3rd from left) at the launch of the call for expressions of interest for the ABM Secretariat at COP 30 on November 13, 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank Group (AfDB’s) Adaptation Benefits Mechanism Concludes Pilot Phase, Moves to Establish Permanent Secretariat by 2027

African Development Bank Group launches ABM transition phase and call for expressions of hosting interest, at COP30 in Belém

The African Development Bank Group (www.AfDB.org) has concluded the pilot phase of the Adaptation Benefits Mechanism (ABM) and formally kicked off the implementation of a transition phase that will lead to the establishment of a permanent Secretariat by 2027. The ABM is the first non-market approach recognized specifically for adaptation…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, AFDB Vice President for Electricity, Energy, Climate and Green Growth (2nd from left), outlined the institution's support mechanisms for fragile states
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): The African Development Bank Highlights the essential role of climate finance for conflict-affected countries

Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and mobilised an additional $1.6 billion in co-financing

The African Development Bank Group (www.AfDB.org) is playing a key role in supporting conflict-affected countries facing climate disruptions, Bank officials emphasised during a COP30 panel discussion on 12 November in Belém. Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and…

African Development Bank Group (AfDB)

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    • (L-R) Dr Francis Peterson, Vice-Chancellor and Principal, University of Pretoria; Dr Sid Ould Tah, African Development Bank President and Prof Daiji Kawaguchi, Dean Graduate School of Public Policy, The University of Tokyo, together following the signing of a joint statement on the rollout of the Africa-Asia (A-A) Platform. Tokyo, Japan. 14 November, 2025 (1)
    • (L-R) Dr Francis Peterson, Vice-Chancellor and Principal, University of Pretoria; Dr Sid Ould Tah, African Development Bank President and Prof Daiji Kawaguchi, Dean Graduate School of Public Policy, The University of Tokyo, together following the signing of a joint statement on the rollout of the Africa-Asia (A-A) Platform. Tokyo, Japan. 14 November, 2025 (2)
    • (L-R) Dr Francis Peterson, Vice-Chancellor and Principal, University of Pretoria; Dr Sid Ould Tah, African Development Bank President and Prof Daiji Kawaguchi, Dean Graduate School of Public Policy, The University of Tokyo, together following the signing of a joint statement on the rollout of the Africa-Asia (A-A) Platform. Tokyo, Japan. 14 November, 2025 (3)
    • Dr Sid Ould Tah, African Development Bank President
    • Japan and African Development Bank roll out Africa-Asia (A-A) Platform to boost youth entrepreneurship and innovation (1)
    • Japan and African Development Bank roll out Africa-Asia (A-A) Platform to boost youth entrepreneurship and innovation (2)
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    • Joint Statement - African Development Bank Group, University of Pretoria, and University of Tokyo
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Source: African Development Bank Group (AfDB) |

Japan and African Development Bank roll out Africa-Asia (A-A) Platform to boost youth entrepreneurship and innovation

This platform will ensure a reciprocal exchange of technology and innovation between the two continents

The African Development Bank (www.AfDB.org) on Friday announced the roll-out of a new initiative, the Africa-Asia (A-A) Platform, dedicated to the promotion of knowledge transfer between Africa and Asia. This platform will ensure a reciprocal exchange of technology and innovation between the two continents. Download document: https://apo-opa.co/4i1AgzQ A ceremony to mark…

African Development Bank Group (AfDB)

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    • The African Development Fund, through its Climate Action Window, will provide a response to the Sahelian wetlands of catchment basins in Burkina Faso, Mali, Niger and Senegal, which are subject to ongoing degradation due to unsustainable exploitation practices and inefficient management of natural resources
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Source: African Development Bank Group (AfDB) |

The Climate Action Window of the African Development Fund grants over $9 million to strengthen climate resilience in the Sahel's main catchment basins

The Sahelian wetlands of the catchment basins in Burkina Faso, Mali, Niger and Senegal are subject to ongoing degradation due to unsustainable exploitation practices

The Board of Directors of the African Development Fund has awarded a grant of $9.48 million to implement the Community and Ecosystem Resilience and Adaptation in the Wetlands of the Sahel Catchment Basins Project.   The financial support comes from the Climate Action Window (https://apo-opa.co/4i6v3Hi) -- a climate change financing mechanism…

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

Equatorial Guinea: the African Development Bank reviews its $167 million project portfolio

To date, Equatorial Guinea has benefited from 53 operations financed by the Bank Group, with a cumulative commitment of $337.30 million

The African Development Bank Group (www.AfDB.org/) held a joint review of its project portfolio in the Republic of Equatorial Guinea in Malabo from 27 to 31 October. An action plan to improve the portfolio's performance was approved at the end of the meeting. Stakeholders plan to set up a coordinated…

African Development Bank Group (AfDB)

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    • The African Development Bank is granting a $100 million loan to a debt fund dedicated to building critical infrastructure in sub-Saharan Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group grants $100 million loan to Emerging Africa and Asia Infrastructure Fund (EAAIF) to support development of sustainable infrastructure

The Bank’s loan will enable the Fund to continue mobilising private capital for impactful projects that expand access to essential services and drive sustainable economic transformation across Africa

The African Development Bank Group (www.AfDB.org) is boosting sustainable infrastructure development across Africa through a new $100 million loan to the Emerging Africa and Asia Infrastructure Fund (EAAIF). The financing, approved by the Board of Directors, will help the Fund attract private investment and support projects in renewable energy, digital…

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

African Development Bank approves $310 million financial package for FirstRand Bank to scale up lending to MSMEs, women entrepreneurs and agribusinesses in South Africa

$110 million — more than one-third of the total financial package – is explicitly earmarked for women MSMEs

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $310 million financial package to FirstRand Bank, one of the largest financial institutions in Africa. This support will significantly increase access to finance for micro, small, and medium-sized business enterprises (MSMEs), with a particular focus on…

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

Multilateral Development Banks Unite at 30th Conference of the Parties (COP30) to Accelerate Climate-Smart Development

The MDBs are supporting clients to scale up nature-positive investments by improving metrics, methodologies, and financial product design

New report showcases best practices for delivering resilience and innovative approaches to scale up adaptation results MDBs publish metrics and methodologies to unlock financing for nature and biodiversity Multilateral Development Banks (MDBs) reaffirm, on Monday at COP30, their commitment (https://apo-opa.co/49N1Fn1) to respond to their clients' priorities to improve livelihoods and…

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

Africa Day at 30th Conference of the Parties (COP30): Advancing Sustainable Financing for a Green and Resilient Future

Africa Day reiterated the continent’s call for a new collective quantified goal on climate finance that meets the scale and urgency of its needs

Africa marked Africa Day at COP30 under the theme “At the Forefront of Climate Action: Sustainable Financing for Inclusive and Resilient Green Growth,” reaffirming the continent’s united call for a new era of climate finance that delivers for people, planet, and prosperity.  The event, held in Belém, brought together ministers,…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, Vice President of the African Development Bank Group for Power, Energy, Climate and Green Growth, leads the institution's delegation to the COP30 negotiations
    • Officials from multilateral development banks at the CIF-organised panel discussion
    • Brazilian President Luiz Inácio Lula da Silva delivers his opening address at COP30 in Belém, calling for more climate investment to avert
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Source: African Development Bank Group (AfDB) |

30th United Nations Climate Conference (COP 30): Multilateral development banks reaffirm their commitment to climate finance, pledge innovative funding for adaptation

The panel followed the official opening of COP30, marked by a passionate appeal from Brazilian President Luiz Inácio Lula da Silva for greater climate investment to prevent a "tragedy for humanity"

Multilateral development banks on Monday reaffirmed their commitment to climate finance, pledging to scale up innovative funding to boost climate adaptation and resilience. "Financing climate resilience is not a cost, but an investment." This was the key message from senior MDB officials at the end of a side event organised…