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African Development Bank Group (AfDB)

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    • AfDB Division Manager Nana Spio-Garbrah (right) and Societe Generale (SG) Senior Advisor Pascale Olivié signed an agreement for SG to serve as lead advisor on the AfDB's Synthetic Securitization Platform
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: African Development Bank appoints Societe Generale as Lead Advisor for innovative Synthetic Securitization Platform

The two entities signed a contract on November 26 during the Africa Investment Forum Market Days 2025 in Rabat (Morocco)

The African Development Bank Group (www.AfDB.org) has appointed Societe Generale as Lead Advisor for the structuring and execution of its Multi-Originator Synthetic Securitization Platform (SST Platform). The two entities signed a contract on November 26 during the Africa Investment Forum Market Days 2025 in Rabat (Morocco). Joining three other transactions…

African Development Bank Group (AfDB)

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    • Discussions between the US delegation and the African Development Bank Group identified several areas of cooperation between US priorities and the institution's interventions in Côte d'Ivoire, paving the way for joint initiatives starting in 2026, particularly in support of the private sector
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Source: African Development Bank Group (AfDB) |

Côte d'Ivoire: the African Development Bank Group and the United States discuss joint opportunities to support economic transformation

The US delegation presented the country’s trade strategy in Côte d'Ivoire, developed by a specific working group (the US Embassy Prosperity Working Group)

A senior African Development Bank (www.AfDB.org) official met with a high-level United States delegation at the Bank’s headquarters on 17 November to discuss ways to deepen cooperation and strengthen support for Côte d’Ivoire’s economic transformation and investment priorities. The meeting was led on the Bank side by Joseph Martial Ribeiro, Deputy…

African Development Bank Group (AfDB)

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    • Mrs. Yamba Kawadi Gracia, Vice-Minister of Finance (center); Mr. Mohamed Coulibaly, Country Programme Manager for the DRC (left); Mr. Mutshail Mutomb Grégoire, Minister of State, Minister for Rural Development (right); Mrs. Miakukila Josée, Projects and Programmes Monitoring Unit Coordinator in the Ministry of Finance; Mr. Mohamed Chérif, Group Deputy Director General for Central Africa and participants
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Source: African Development Bank Group (AfDB) |

Government of Congo and African Development Bank Group adopt plan to improve portfolio performance

The agreed plan emphasises greater ownership of projects by sector ministries, concerted effort to support ongoing operations to maturity, and more coordinated investment programming

Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (www.AfDB.org) have approved a plan to improve the performance of the institution's project portfolio in the Central African country. The Country Portfolio Performance Review, as the process is formally known, was…

African Development Bank Group (AfDB)

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    • AFDB Vice president Kevin Kariuki (center left), Italy Representative to the RPFF Governing Council Lorenzo Ortona (center right) and members of the Council in Rabat during the AIF Market Days
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: Rome Process/Mattei Plan Financing Facility (RPFF) Governing Council holds inaugural in-person meeting in Rabat

The Governing Council approved the RPFF’s 2026 work plan, which targets commitments of close to €100 million

The Rome Process/Mattei Plan Financing Facility (RPFF) Governing Council convened for its first-ever in-person meeting in Rabat, Morocco, on the margins of the Africa Investment Forum (AIF). The Governing Council approved the RPFF’s 2026 work plan, which targets commitments of close to €100 million. These resources are expected to leverage…

African Development Bank Group (AfDB)

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    • Al Hamndou Dorsouma, head of the Climate and Green Growth division at the African Development Bank Group (center of the panelists), cited several Bank Group mechanisms related to the climate-peace-security nexus
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Source: African Development Bank Group (AfDB) |

United Nations Climate Change Conference (COP30): African Development Bank strengthens investments in climate-peace-security nexus

Nine of the 10 countries most vulnerable to climate change are in Africa

Climate change, of which Africa has been the principal victim, is aggravating severe and rising security threats across the continent — including terrorism, armed confrontations, and inter-community conflicts — endangering stability and, ultimately, the very survival of its populations. Nine of the 10 countries most vulnerable to climate change are…

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

Africa Investment Forum Hosts First ‘Mission 300’ Day, Accelerating Push for Universal Electricity Access

The event highlighted countries’ National Energy Compacts showcased investment-ready opportunities, and galvanised action toward the shared goal of delivering electricity access to 300 million people across Africa by 2030

The World Bank Group and the African Development Bank Group (https://www.AfDB.org), with support from The Rockefeller Foundation, the Global Energy Alliance for People and Planet, and Sustainable Energy for All (SEforALL), hosted the inaugural “Mission 300 Day” on the sidelines of the Africa Investment Forum (AIF) 2025 Market Days (http://apo-opa.co/4oeFycH)…

African Development Bank Group (AfDB)

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    • The African Development Bank Group is providing USD 500 million in budget support to the Federal Republic of Nigeria to help improve the country's non-oil revenues and to expand fiscal space
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank Group loans $500 million to support economic governance and energy transition

Benefits will also accrue to private businesses in the form of improved investment climate and opportunities in the energy sector at the level of individual states of the Federation, and from the creation of an environment more conducive to public-private partnerships

The Board of Directors of the African Development Bank Group (www.AfDB.org), meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of Nigeria to finance the second phase of the Economic Governance and Energy Transition Support Programme. The policy-based operation is for fiscal years 2024…

African Development Bank Group (AfDB)

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    • The African Development Fund is providing significant support to Benin to increase the private sector's contribution to the country's economy
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Source: African Development Bank Group (AfDB) |

Benin: the African Development Fund grants an additional $28 million in financing to boost the private sector’s contribution to the country's economy

The objective of this financial support is to increase the contribution made by Benin's private sector to the economy

The Board of Directors of the African Development Fund approved additional financing of $28 million for Benin to continue the Economic Governance and Private Sector Development Support Programme (PAGE-DSP) on 24 November 2025. Following phases I and II, which were successfully implemented in 2023 and 2024, respectively, the objective of…

African Development Bank Group (AfDB)

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    • The additional financing from the African Development Fund will enable Liberia to complete construction of the run-of-river hydropower plant and related infrastructure
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Source: African Development Bank Group (AfDB) |

Liberia: African Development Fund invests over $7 million to complete run-of-river hydropower plant and related infrastructure project

The plant will be connected to an 8-km 33-kilovolt evacuation line and two transformer substations, and also to a cross-border transmission line

The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia. The African Development Fund is the concessional lending window of the African Development Bank Group (https://www.AfDB.org). The…

African Development Bank Group (AfDB)

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    • The African Development Fund, through its Climate Action Window, is supporting the second phase of the Programme to Strengthen Resilience to Food and Nutritional Insecurity in the Sahel
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Source: African Development Bank Group (AfDB) |

African Development Fund commits $14 million grant to scaling up climate resilience across the Sahel

The Climate Action Window grant will cover 30 municipalities and support the creation of 60 climate-smart villages across Sahelian countries, helping to strengthen community resilience to climate shocks

The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025. The additional financing is provided through the Climate Action…