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African Development Bank Group (AfDB)

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    • YEIBS Launch: President of the Republic of Liberia, Joseph Nyuma Boakai, Sr., and the President of the African Development Bank Group, Akinwumi Adesina, launch the Liberia Youth Entrepreneurship Investment Bank at a ceremony in Monrovia, July 22, 2025
    • YEIBS Launch: President of the African Development Bank Group, Akinwumi Adesina (4th from left), Bank Group Director General for West Africa, Lamin Barrow, and attendees at the launch of the Liberia YEIB
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Source: African Development Bank Group (AfDB) |

Hope for Liberia’s youth as country pioneers African Development Bank-financed Youth Entrepreneurship Investment Bank

The Youth Entrepreneurship Investment Banks will promote private sector-led inclusive economic development, by creating entrepreneurship opportunities for young Africans aged 18-35

Program will turn job seekers into job creators – Liberian President Boakai The future of Liberia’s youth cannot be left to hustling – Dr. Adesina Liberia has become the first country to launch an African Development Bank Group initiative (www.AfDB.org) that will help tackle youth unemployment among African youth. President…

African Development Bank Group (AfDB)

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    • Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit
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Source: African Development Bank Group (AfDB) |

Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit

Representing a community of more than 300 million people across four continents, with a combined GDP of $2.3 trillion in 2024, the CPLP holds immense potential for trade, investment, and inclusive economic transformation

The Lusophone Compact Secretariat last week engaged with leaders of the Community of Portuguese-Speaking Countries (CPLP) at their 15th Summit and economic forum in Bissau, Guinea-Bissau. The July 15-18 meetings provided a strategic platform to showcase the Lusophone Compact’s role in attracting private financing to accelerate sustainable economic development in…

African Development Bank Group (AfDB)

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    • Representatives of the Ivorian government, the African Development Bank, the Central Depository/Settlement Bank, the UMOA Financial Markets Authority and financial market players took part in the launch ceremony for the DIGIAPE platform
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Source: African Development Bank Group (AfDB) |

Côte d'Ivoire: The African Development Bank's Capital Markets Development Trust Fund (CMDTF) supports establishment of digital platform for public offerings

DIGIAPE is expected to reduce settlement times and enable real-time allocation of securities at close, creating a more attractive environment for international investors

The Central Depository/Settlement Bank (DC/BR) has officially launched its new digital platform for public offerings (DIGIAPE), with support from the African Development Bank (www.AfDB.org). DIGIAPE will automate primary market subscriptions in the West African Monetary Union's (UMOA) regional financial market, enhancing both the transparency and reliability of securities allocations while…

African Development Bank Group (AfDB)

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    • 115,000 ECOA induction cookers will be distributed to households across Kenya, Zambia, and Uganda with support from the Sustainable Energy Fund for Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Sustainable Energy Fund for Africa (SEFA) supports electric cooking expansion across three African nations

This program makes clean cooking appliances more affordable and accessible by prefinancing induction cookers and recovering costs through carbon credit sales in the voluntary market

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) (www.AfDB.org), is tackling charcoal dependence in Kenya, Uganda, and Zambia with a $4 million reimbursable grant. This grant will fund the Burn Electric Cooking Expansion Program (BEEP), deploying 115,000 Burn ECOA Electric Induction Cookers to provide…

African Development Bank Group (AfDB)

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    • Clementina Artur, the woman in charge of Caboqueiro community water point (Sumbe-Angola), shows how access to clean water is transforming daily life
    • Isabel Sambovana, in front of her bathroom. She is one of the beneficiaries of the installation of latrines in the Sumbe community
    • A Massive Wastewater Treatment Plant (WWTP) constructed in Sumbe (Angola) as part of the Institutional and Sustainability Support to Urban Water Supply and Sanitation Project. Before the AFDB funding, no wastewater treatment existed in Sumbe, a city of 350,000 inhabitants
    • Helena Maindo, EPASK (Kwanza Sul Public Water and Sanitation Company) worker doing the chemical and microbiological analysis of the state of the water
    • The intern, Gilda Giza Rede, working at the Sumbe WWTP
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Source: African Development Bank Group (AfDB) |

The Power of Water: How the Angola Institutional and Sustainability Support to Urban Water Supply and Sanitation Project is Transforming Lives

The project, set to conclude in December of 2025 after a decade of implementation, has delivered remarkable results: the seven utility companies supported by the project have made a total of more than 59,008 household water connections

“Before this support, we had a lot of difficulties accessing water. We used to fetch it from the river. It was very distant for us, and we suffered from many diseases. But now, since we’ve had water available to everyone, cholera has decreased significantly, infections have decreased a lot, too,…

African Development Bank Group (AfDB)

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    • Koffi Kouakou Charles sharpens his machete before heading to his field
    • Koffi Kouakou Charles in his field in Abokouassikro
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Source: African Development Bank Group (AfDB) |

In Mékro, in central Côte d'Ivoire, sustainable agriculture is giving hope to an entire community

The project is focused on three agricultural crops: yams, cassava and vegetables, as well as traditional poultry farming, and aims to improve the living conditions of 60,000 vulnerable people

Day breaks in Mékro, some 300 km from Abidjan, in central Côte d'Ivoire. The first rays of sun announce the start of what promises to be another sweltering day in a region known for its intense heat. Some women return from the backwaters bringing water to supply the family beehives.…

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    • Morocco: African Development Bank approves €100 Million to empower women and youth entrepreneurs in building inclusive and sustainable agriculture
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Source: African Development Bank Group (AfDB) |

Morocco: African Development Bank approves €100 Million to empower women and youth entrepreneurs in building inclusive and sustainable agriculture

The project aims to generate sustainable economic opportunities for women and youth, boost food security, and strengthen the resilience of small-scale farming against climate change

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €100 million loan to support Morocco’s inclusive solidarity-based agriculture program, focused on empowering women and young people. The project aims to generate sustainable economic opportunities for women and youth, boost food security, and strengthen the resilience…

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    • The African Development Bank (AfDB) and Sustainable Energy Fund for Africa (SEFA) provide $40 million investment in equity platform Zafiri to accelerate renewable energy access across Africa
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Source: African Development Bank Group (AfDB) |

The African Development Bank (AfDB) and Sustainable Energy Fund for Africa (SEFA) provide $40 million investment in equity platform Zafiri to accelerate renewable energy access across Africa

Zafiri - jointly developed by the Bank, World Bank Group and other partners - aims to address the critical shortage of patient, longer-term equity capital needed to de-risk and scale Decentralized Renewable Energy solutions (DRE)

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $40 million equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300 (https://apo-opa.co/4m1ve7m). This investment will accelerate the expansion of renewable energy access across Africa. Zafiri - jointly developed by the Bank,…

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

Empowering Women through Clean Energy: African Development Bank Launches Country Diagnostics to Accelerate Inclusive Energy Transitions

Focusing on localized, actionable solutions, the reports identify opportunities to embed gender considerations into national energy planning, investment strategies, and policy frameworks

In a significant step toward advancing inclusive climate solutions, the African Development Bank (www.AfDB.org), in partnership with the Climate Investment Funds (CIF) (https://apo-opa.co/44PhRQI), has launched the Gender and Renewable Energy Country Diagnostics (https://apo-opa.co/3GXAwSi)—a pivotal initiative exploring the nexus between gender equity and energy access in six African countries: Ghana (https://apo-opa.co/450VUOL), Liberia (https://apo-opa.co/44DKrFW), Mali (https://apo-opa.co/44ZZLM5),…

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    • Supported by the African Development Fund’s Climate Action Window, the project will improve rice seed availability for 11,000 farmers in 13 West African countries
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Source: African Development Bank Group (AfDB) |

African Development Fund supports climate-resilient rice value chains across West Africa

The project will support rice producers and processors in 13 countries: Benin, Burkina Faso, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Senegal, Sierra Leone, and Togo

The Board of Directors of the African Development Fund (ADF) (http://apo-opa.co/4nUpfmv), the concessional funding window of the African Development Bank Group (www.AfDB.org), on 17 July 2025 approved a $9.44 million grant for the Africa Rice Center (AfricaRice) to strengthen the climate resilience of rice value chains across West Africa. Funded…