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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…

African Development Bank Group (AfDB)

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    • Luxembourg and African Development Bank deepen partnership to advance Africa’s sustainable growth
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Source: African Development Bank Group (AfDB) |

Luxembourg and African Development Bank deepen partnership to advance Africa’s sustainable growth

Luxembourg’s collaboration with the Bank extends beyond concessional financing

African Development Bank Group (https://www.AfDB.org) President Dr Sidi Ould Tah and Luxembourg’s Finance Minister, Gilles Roth, have pledged to deepen cooperation as preparations advance for the seventeenth replenishment of the African Development Fund (ADF-17), the Bank Group’s concessional financing window. The two leaders met on the sidelines of the 2025…

African Development Bank Group (AfDB)

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    • For more than a decade, the African Development Bank Group's financial instruments have been responding to the needs of an African population exposed to climate risks, even though the continent is only a minor contributor to global warming
    • A lush 50-hectare forest in the Democratic Republic of Congo as part of the Integrated REDD+ Project in the Mbuji-Mayi, Kananga and Kissangai Basins (PIREDD-MBKIS), financed by the African Development Bank through the Forest Investment Program (FIP)
    • Funding from the African Development Fund's Climate Action Window will help build climate resilience in Sierra Leone, South Sudan, Djibouti and Madagascar
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Source: African Development Bank Group (AfDB) |

On the road to 30th United Nations Climate Change Conference (COP30): the African Development Bank Group is piloting several financial instruments to support African countries in tackling climate change

The main priorities for this COP are to accelerate the energy transition, ensure a just transition for the most vulnerable nations, and, above all, mobilise large-scale climate finance for developing economies

Eight of the 10 countries most affected by climate change are in Africa: droughts, cyclones and floods are compromising agricultural production, exposing populations to food insecurity and climate-induced migration and putting pressure on key sectors critical to the continent’s development, resulting in a significant displacement of public expenditure. Despite a…

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

New Partnership for Africa's Development-Infrastructure Project Preparation Facility (NEPAD-IPPF) marks 20 years of impact at 40th Oversight Committee Meeting

The meeting, held online on 27th October 2025, brought together donor representatives, partner institutions, Regional Economic Communities and implementing agencies

The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor special fund hosted by the African Development Bank (https://AfDB.org/), has successfully held its 40th Oversight Committee  Meeting  to take stock of progress and chart a renewed course for Africa’s regional infrastructure transformation. The meeting, held online on 27th October 2025, brought together…