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African Development Bank Group (AfDB)

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    • 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
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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)

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    • African Development Bank continues to support Cabo Verde in improving transparency and efficiency in public procurement
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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…

African Development Bank Group (AfDB)

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    • AfDB Director Ousmane Fall flanked by CDP Director of International Development Cooperation Paulo Lombardo (left) and deputy CEO of CDG Invest Ali Lamrini at the Africa Investment Forum Market Days 2025
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: Major Boost for African Private Sector as Caisse de Dépôt et de Gestion (CDG) Invest Joins Growth and Resilience Platform for Africa (GRAf) Platform

Agreement signed by CDP, AfDB and CDG Invest aims to foster joint investments, promote international cooperation, and channel capital toward key sectors of the African economy under the Mattei Plan

Cassa Depositi e Prestiti (CDP), the African Development Bank (www.AfDB.org) , and CDG Invest, part of the Caisse de Dépôt et de Gestion (CDG) Group, have signed a landmark agreement formalising CDG Invest's entry into the Growth and Resilience Platform for Africa (GRAf). The agreement was announced in Rabat during the…

African Development Bank Group (AfDB)

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    • The African Development Bank’s transaction guarantee for CCA-Bank will support imports of equipment for the industrial, agro-industrial and telecommunications sectors, to support Cameroon's industrialisation
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank Group approves €25 million trade finance facility to enable Crédit Communautaire d'Afrique-Bank expand support to Small and Medium-Sized Enterprises (SMEs)

The facility, approved at a Board session held on 1 December in Abidjan, will be deployed as a Transaction Guarantee, a Bank Group product that provides risk cover to eligible African banks for their trade finance transactions

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved financing of €25 million to help Cameroon’s Crédit Communautaire d'Afrique-Bank (CCA-Bank) expand its trade finance offerings to small and medium-sized enterprises (SMEs) and other businesses. The facility, approved at a Board session held on 1 December in…

African Development Bank Group (AfDB)

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    • Prime Minister of Norway, Jonas Gahr Støre and African Development Bank Group President Dr. Sidi Ould Tah
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Source: African Development Bank Group (AfDB) |

G20 Summit: Norway reaffirms support to Africa’s development with NOK 3.1 billion pledge to the African Development Fund’s seventeenth replenishment

The seventeenth replenishment of the African Development Fund will be finalized at a pledging session in London from 15 to 16 December 2025

Norway reaffirmed its long-standing commitment to Africa’s low-income countries with a NOK 3.1 billion pledge to the African Development Fund’s seventeenth replenishment (ADF-17). The announcement, made during the Global Citizen Now: Johannesburg event, held on 21 November, was later reiterated in a bilateral meeting between Norwegian Prime Minister Jonas Gahr…

African Development Bank Group (AfDB)

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    • Photo (L-R): Dr Obaid Saif Hamad Al-Zaabi; Dr Nasser Al-Kahtani; Zineb Sqalli (moderator); Ahmadu Hott; Jacques Kanga; and Ouns Lemseffer
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Source: African Development Bank Group (AfDB) |

Time Is Running Out to Close Continent’s Massive Infrastructure and Climate-Finance Gap – 2025 Africa Investment Forum Panel Warns

The high-level panel, titled "Innovative Finance Instruments Powering Africa’s Sustainable Transformation,” served as a clear call to action for adopting new approaches beyond conventional funding models

Senior policymakers, investors, and development finance leaders converged at the 2025 Africa Investment Forum Market Days on Thursday to tackle one of the continent's most pressing challenges: unlocking the capital required to meet surging infrastructure and climate demands. The high-level panel, titled "Innovative Finance Instruments Powering Africa’s Sustainable Transformation,” served…

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…