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    • African Development Bank’s Adesina Warns of Economic Shockwaves from United States (U.S.) Tariffs, Calls for Strategic Global Engagement
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Adesina Warns of Economic Shockwaves from United States (U.S.) Tariffs, Calls for Strategic Global Engagement

Africa should engage the U.S. through “flexible and constructive” trade negotiations, Adesina says in exclusive interview with CNN’s Amanpour

As the United States imposes higher tariffs with global ramifications, African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships.  In an exclusive interview with CNN’s Christiane Amanpour,…

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    • A resident of Dafenaytou talking about the changes she has experienced thanks to the IGAD/AfDB project, particularly in terms of access to land and food security. Goumati Roufa Ahmed
    • A Kalaf village elder describes how living conditions have improved since the introduction of plots of agricultural land and adapted tools. Adoyta Ahmed Adoyta
    • Discussions between community members and the ACCF and IGAD teams on the ground in Kalaf, as part of a project monitoring mission. ACCF/AfDB
    • A resident of Dafenaytou shares his views on local agricultural governance, which is now largely driven by the community's women. Ali Kamil Mohamed
    • A woman from Kalaf explains how her family's vegetable gardens have enabled them to become more self- sufficient in food. Assia Obakar Hassan
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Source: African Development Bank Group (AfDB) |

"The land is life": A regional project supported by the African Development Bank boosts rural women's climate resilience in Djibouti

The IGAD/AfDB project has not only provided water, seeds and training: it has given dignity, confidence and a voice back to rural women

"Before,  farming  was  an  unattainable  dream.  Today,  I  feed  my  children  from  the  land." These words from Assia Obakar Hassan, a mother from the village of Kalaf, epitomize the profound transformation benefiting part of rural northern Djibouti thanks to a regional project implemented by the Intergovernmental Authority on Development (IGAD) with…

Source: African Development Bank Group (AfDB) |

African Development Bank Approves $304 Million Loan to Support Botswana's Fiscal Stability and Economic Reforms

The country’s fiscal deficit widened -- from a balanced budget in 2022/23 to 4.7% of GDP in the 2023/24 financial year–– and is projected to reach 6.7% in the current fiscal year

The African Development Bank (www.AfDB.org) has approved a $304 million loan to Botswana to support the southern African country in managing mounting fiscal challenges and implementing key governance and economic reforms.  The funding, approved by the Bank Group’s Board of Directors on Wednesday, will finance the Governance and Economic Resilience…

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    • Italy reaffirms its support for the African Development Bank under the Mattei Plan. Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group (2nd from left), received an Italian delegation on May 8, 2025, at the institution's headquarters in Abidjan
    • Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group
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Source: African Development Bank Group (AfDB) |

Italy affirms Partnership with African Development Bank under the Mattei Plan

Under the Mattei Plan for Africa, Italy aims to foster economic and strategic partnerships with African nations and institutions

Italy has reaffirmed its partnership with the African Development Bank (www.AfDB.org) and expressed keenness to explore mutual growth opportunities in Africa under the Mattei Plan.  Stefano Gatti, Director General for Development Cooperation at the Ministry of Foreign Affairs and International Cooperation (FAIC) and Lorenzo Ortona, Head of the Mattei Plan…

Source: African Development Bank Group (AfDB) |

African Development Bank funds second Tech Park in Mindelo

The campus currently hosts ten companies from four countries and employs 125 young professionals, with 80% of its 25 office spaces occupied

Cabo Verde has inaugurated the Mindelo Technology Park, completing the second campus of the TechPark CV project funded by the African Development Bank (www.AfDB.org). The facility aims to establish the country as a digital hub connecting Africa with global markets.  The ceremony took place on May 6 with representatives from…

Source: African Development Bank Group (AfDB) |

Development Bank of Nigeria visits African Development Bank to benchmark sustainability and resilience into financing

Through the African Financial Alliance on Climate Change (AFAC), the African Development Bank offers technical assistance to African financial institutions to help them manage climate-related risks and unlock opportunities in green investments

A delegation of eight officials from the Development Bank of Nigeria (DBN) recently concluded a five-day study visit to the African Development Bank headquarters (www.AfDB.org) in Abidjan, Cote d’Ivoire. The visit, jointly hosted by the Climate Change and Green Growth Department and the Financial Sector Development Department, focused on sharing…

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    • Family photo after the opening ceremony of the 2025 edition of the African Development Bank's Civil Society Organizations Forum
    • Manager of the Civil Society and Community Engagement Division, Zeneb Touré, symbolically hands over the Civil Society Engagement Action Plan 2024-2028 to Beth Dunford, Vice-President of the African Development Bank Group for Agriculture, Human and Social Development, representing Mr. Akinwumi Adesina, President of the institution
    • family photo after the presentation of the Civil Society Engagement Action Plan 2024-2028 to civil society organizations
    • Testimonies from representatives of civil society organizations on a Bank-funded project covering the Central African Republic and the Democratic Republic of Congo
    • Civil society representatives exchanged with senior management of the Bank Group From left to right: Uche Duru, representing the Director of the Environmental and Social Safeguards and Compliance Department; Dominique Puthod, representing the Director of Strategies and Operational Policies; Nathalie Beatrice Chinje-n Bodiong, Principal Advisor to the Secretary General of the Bank Group; Mariam Diawara, Acting Director of the Independent Review Mechanism; Martha T.M. Phiri, Director of the Human Capital, Youth and Skills Development Department and Acting Director of the Gender, Women and Civil Society Department; Anthony Nyong, Director of the Climate Change and Green Growth Department; Martin Fregene, Director of the Agriculture and Agro-Industry Department
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Source: African Development Bank Group (AfDB) |

2025 Civil Society Forum: African Development Bank and Civil Society Reaffirm Alliance for Africa's Transformation

The forum provided an opportunity for the Bank to present its Civil Society Engagement Action Plan (2024–2028), reaffirming its commitment to an inclusive and participatory development process

The African Development Bank www.AfDB.org has reaffirmed its unwavering commitment to collaborating with African civil society to advance the continent's development agenda. This was a key message of the 2025 Civil Society Organizations (CSO) Forum, which was successfully held on Thursday, May 8, 2025, in Abidjan. The forum, organized under the…

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    • Group Photo of Senior officials from the Islamic Development Bank and the African Development Bank who participated in the technical meeting. They include Yero Baldeh, Director of the Transition States Coordination Office at the AfDB (sixth from left) and Ahmed Berthe, leader of the IsDB delegation (8th from left)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Islamic Development Bank Forge Strategic Partnership to Address Fragility and Build Resilience in Africa

The partnership will help develop integrated approaches that address immediate needs and build long-term resilience for both institutions

The African Development Bank (www.AfDB.org) and the Islamic Development Bank (IsDB) have reinforced their strategic partnership to enhance collective efforts in addressing fragility and building resilience across Africa. This commitment follows a high-level technical exchange held from 22-23 April at the Bank headquarters in Abidjan. The two-day mission brought together…

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    • Botswana: AfDB’s support to Lobatse Clay Works
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    • Workers sort newly produced bricks at Lobatse Clay Works. The company has experienced a remarkable revival, partly thanks to strategic investment from the African Development Bank
    • A forklift operator at Lobatse Clay Works loads bricks into trucks for distribution into the local market and export
    • AfDB’s Deputy Director General for Southern Africa, Moono Mupotola inspects freshly manufactured bricks at the revitalized Lobatse Clay Works facility during her recent site visit to the project
    • Sample bricks on display at the revitalized Lobatse Clay Works facility
    • The revitalized Lobatse Clay Works facility resumes full operations with ambitious plans to reclaim and surpass its previous market dominance
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Source: African Development Bank Group (AfDB) |

Rebuilding Botswana's Construction Future: African Development Bank bolsters Lobatse Clay Works revival

Recognizing Lobatse Clay Works’ potential, the African Development Bank provided a loan facility, in partnership with the Botswana Development Corporation to turn around the company’s fortunes

The kilns are firing again—and with them, the economic hopes of a community. In the quiet town of Lobatse, southern Botswana, a decades-old industrial landmark is undergoing a remarkable renaissance. Lobatse Clay Works (LCW), a brick manufacturer that was once the cornerstone of Botswana's construction industry, has been resurrected owing…

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    • Cabo Verde's Digital Transformation in full expansion with African Development Bank Support (1)
    • Cabo Verde's Digital Transformation in full expansion with African Development Bank Support (2)
    • Cabo Verde's Digital Transformation in full expansion with African Development Bank Support (3)
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Source: African Development Bank Group (AfDB) |

Cabo Verde's Digital Transformation in full expansion with African Development Bank Support

The TechPark CV includes fully equipped facilities such as a Data Centre, Disaster Recovery Site, Business Center, Incubation Center, Civic Event Center, and Training and Qualification Center across its Praia and Mindelo campuses

Technology Park positioned to make Cabo Verde a global digital hub with world-class facilities  AfDB President honored with Cabo Verde's highest public service award for a decade of transformative leadership  Cabo Verde marked a significant milestone in its digital transformation journey on Monday, 5 May, with the official inauguration of…