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African Development Bank Group (AfDB)

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    • The African Development Bank Group is investing 6.5 million euro stake in the Saviu II fund to support technology start-ups in French-speaking Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves €6.5 million investment in Saviu II fund to support technology start-ups in Francophone West and Central Africa

The fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners

The Board of Directors of the African Development Bank Group (www.AfDB.org) today approved an investment of 6.5 million euros in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa. The Bank Group will invest…

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

African Development Bank Group awards $16.6 million grant to International Institute of Tropical Agriculture (IITA) to scale agricultural technologies in Africa

The agreement, signed on 18 February 2026 in Abuja, bolsters a shared commitment to modernise African agriculture by scaling proven technologies, strengthening seed systems, and expanding partnerships

The African Development Bank Group (AfDB) (www.AfDB.org) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million grant agreement to launch the third phase of the Technologies for African Agricultural Transformation Program (TAAT-III), aimed at scaling climate-resilient food production across the continent. The agreement, signed on 18…

African Development Bank Group (AfDB)

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    • African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation (1)
    • African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group and African Union renew push for visa-free travel to accelerate Africa’s Economic Transformation

Participants concluded that achieving a visa-free Africa will require aligning migration policies, digital identity systems, and border infrastructure, alongside sustained political commitment

African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s economic transformation under the African Continental Free Trade Area (AfCFTA). The call was reinforced at a High-Level Symposium on Advancing a Visa-Free Africa…

African Development Bank Group (AfDB)

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    • ECOWAS and African Development Bank Group delegations met in Abidjan on 19- 20 February 2026 for an orientation session marking the induction of the Board of Directors of the Abidjan-Lagos Corridor Management Authority (1)
    • ECOWAS and African Development Bank Group delegations met in Abidjan on 19- 20 February 2026 for an orientation session marking the induction of the Board of Directors of the Abidjan-Lagos Corridor Management Authority (2)
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Source: African Development Bank Group (AfDB) |

Mega Abidjan-Lagos Corridor Project Enters Operational Phase with Launch of Governing Board

Stretching 1,028 kilometres, the Abidjan-Lagos Corridor Highway is envisioned as a transformative regional infrastructure linking five West African economies and serving as a key industrial and trade driver by 2030

The Economic Community of West African States (ECOWAS) and the African Development Bank Group (www.AfDB.org) held a two-day orientation and information session in Abidjan to induct the 10- member Board of Directors of the Abidjan-Lagos Corridor Management Authority (ALCoMA). The session, held on 19 and 20 February 2026, forms part…

African Development Bank Group (AfDB)

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    • Participants at the launch in Rabat included (from left to right): El Baijouni Ihssane and Belahsen Sara of the Crédit Agricole du Maroc Group (GCAM), Mouaffak Amine of the African Development Bank, Nyambe Monde of the Multilateral Cooperation Center for Development Financing (MCDF), Chehhar Mustapha and Taimouri Lamya of the GCAM, and Rais Wadii of the African Development Bank
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Source: African Development Bank Group (AfDB) |

Green finance: African Development Bank accords $1 million grant to strengthen actions of Crédit Agricole du Maroc Group in climate transition

The programme advances Morocco's compliance with Nationally Determined Contribution (NDC) and strengthens the alignment of national financial flows with the country’s climate priorities

The African Development Bank Group (www.AfDB.org), through the African Green Banks Initiative (https://apo-opa.co/3M7ebo6) and the Multilateral Cooperation Center for Development Finance (https://apo-opa.co/4qgESVs), launched on 28 January a $1 million technical assistance program for Crédit Agricole du Maroc Group (GCAM). The financing will support strengthening GCAM’s institutional, operational and financial capacities to…

African Development Bank Group (AfDB)

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    • With the Sustainable Energy Fund for Africa, the African Development Bank Group is contributing to an accelerated implementation of National Energy Compacts by supporting key upstream reforms in some of its regional member countries
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Source: African Development Bank Group (AfDB) |

African Development Bank (AfDB) Approves New Program to Help African Countries Turn Energy Promises into Power for Millions

The new project, known as AESTAP Mission 300 Phase II, will provide direct technical support to 13 Mission 300 countries over the next 24 months

The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) has approved a new USD 3.9 million, two-year technical assistance project to support African countries in the implementation of their National Energy Compacts into action under Mission 300, the AfDB–World Bank initiative to connect 300 million Africans to electricity…

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

Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa

The High-Level Consultation Meeting culminated in the adoption of a Joint Declaration on a Strategic Partnership between the ACG and the AfDB

High-Level Consultation Meeting brings together Heads of the Arab Coordination Group and the African Development Bank Group in Abidjan. Joint declaration adopted to strengthen partnership for Africa’s economic transformation. The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB) (www.AfDB.org) launched a new phase of their partnership aimed at…

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

African Development Bank Group and Nedbank Group sign multi-billion-rand funding partnership to transform housing access and boost African trade

Multi-billion-rand social bond subscription and the trade finance facility agreements target affordable housing for women and first-time buyers while unlocking continental trade financing for Africa

The African Development Bank Group (www.AfDB.org) and Nedbank Group have signed a landmark deal to boost access to affordable housing in South Africa and strengthen trade across the continent. The financing package comprises two components: a ZAR 2.5 billion social bond investment in Nedbank Group Limited and a $60 million…

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

16 Days of Activism against gender-based violence: Five Bold Moves to end digital gender-based Violence — and unlock Africa’s digital promise (By Jemimah Njuki and Ndey Oley Cole)

Ending digital gender-based violence is central to achieving inclusive growth, human dignity, and the promise of Africa’s digital future

By Jemimah Njuki , Director of the Women, Gender and Civil Society Department at the African Development Bank  (www.AfDB.org) and Ndey Oley Cole, senior program manager. The 16 Days of Activism against Gender-Based Violence campaign is an international campaign led by the United Nations to challenge violence against women and…

African Development Bank Group (AfDB)

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    • The partner countries of the African Development Fund announced today a record contribution of US$11 billion for the next three years
    • The President of the African Development Bank Group, Sidi Ould Tah, who was leading his first African Development Fund negotiations, secured exceptional support to replenish the Fund's resources and advance its development program based on the Four Pillars
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Source: African Development Bank Group (AfDB) |

African Development Fund mobilises a historic $11 billion, marking a new era of African ownership and investment-led development

For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window

The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group (www.AfDB.org), has secured a record $11 billion from 43 Partners for its 17th Replenishment (ADF-17), the largest in the Fund’s history, despite severe global fiscal constraints and declining aid budgets. The outcome represents a 23%…