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    • African farmers urgently need high-quality seeds and inputs before the planting season begins in May to immediately boost food supplies.
    • Over the past three years, the Bank’s Technologies for African Agricultural Transformation initiative has delivered heat-tolerant wheat varieties to 1.8 million farmers in seven countries, increasing wheat production by 2.7 million metric tons. Picture: TAAT project in Ethiopia
    • African Development Bank Board approves $1.5 billion facility to avert food crisis
    • African Development Bank Board approves $1.5 billion facility to avert food crisis (FR)
    • Supporting African countries through a global food crisis
    • Supporting African countries through a global food crisis (FR)
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Source: African Development Bank Group (AfDB) |

African Development Bank Board approves $1.5 billion facility to avert food crisis

Initiative to benefit 20 million African farmers, who will receive certified seed and technology to rapidly produce 38 million tons of food

The African Development Bank Group's (www.AfDB.org) Board of Directors on Friday approved a $1.5 billion facility to help African countries avert a looming food crisis. With the disruption of food supplies arising from the Russia-Ukraine war, Africa now faces a shortage of at least 30 million metric tons of food,…

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

Statement by Dr. Akinwumi A. Adesina, President, African Development Bank

While I am deeply honored, humbled and grateful for all the incredible goodwill, kindness, and confidence, my current responsibilities at this time do not allow me to accept to be considered

Statement by Dr. Akinwumi A. Adesina, President, African Development Bank (www.AfDB.org): I have been extremely humbled by several calls from Nigerians at home and abroad that I should consider running for the office of the President of the Federal Republic of Nigeria. I am very touched by all who have…

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    • African Development Bank President Akinwumi Adesina enquires about preparations for the Annual Meetings
    • African Development Bank President Akinwumi Adesina (center) inspects the ultramodern Pokuase four-tier road interchange in Accra with Ghana’s Minister for Roads and Highways, Kwasi Amoako-Attah (left)
    • African Development Bank President Akinwumi Adesina discussed Annual Meetings preparations with Ghana's Finance Minister Kenneth Ofori-Atta
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Source: African Development Bank Group (AfDB) |

Ghana’s President Strongly Supports African Development Bank’s Quest for More Resources to Accelerate Continent’s Transformation Agenda

The Bank Group’s active portfolio in Ghana is made up of 18 operations worth a total commitment of $751.5 million across various sectors

Ghana’s President Nana Akufo-Addo has backed calls for more resources for the African Development Bank Group (www.AfDB.org) to accelerate its transformative role across the continent. President Akufo-Addo received the African Development Bank Group president, Dr. Akinwumi Adesina, at State House in Accra on Wednesday. President Akufo-Addo expressed strong support for…

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    • Rishabh Khanna, Chief Impact Officer, Earthbanc; Luc Gnacadja, Co-Chair of the Adaptation Benefits Mechanism Executive Committee; Camilla Nordheim-Larsen, Senior Partnerships and Resource Mobilization Coordinator, UNCCD; Gareth Philips, Climate and Environment Finance Manager at the African Development Bank; Dr. Peter Minang, Director for Africa of the International Agroforestry Center
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Source: African Development Bank Group (AfDB) |

CORRECTION: COP15: Global GDP could gain $140 trillion a year, if we achieve the objectives of the UN Convention to Combat Desertification

The Sustainable Development Goal for Life on Land is least funded, but can contribute most to resilience

The global economy could increase by more than $140 trillion a year [1], or 1.5 times the annual global GDP, if the objectives of the United Nations Convention to Combat Desertification (UNCCD) are achieved, participants heard during a side-event at the 15th summit of the UNCCD. Camilla Nordheim-Larsen, Senior Partnerships…

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

Radio News Release (Soundbite): “Agricultural technologies helped African farmers produce 12 million tons of food in just 2 years,” testifies President Adesina before U.S. Senate

The soundbite below is copyright free and can be used at will, without asking for authorization

The recordings are excerpts from a hearing session at the US Senate Appropriations subcommittee on State, Foreign Operations and Related Programs, during which the president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, made a compelling case for the United States to back the institution’s $1.5 billion emergency…

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

Radio News Release (Soundbite): “Africa must prepare for the inevitable global food crisis,” warns President Adesina during U.S. Senate hearing session

The soundbite below is copyright free and can be used at will, without asking for authorization

The recordings are excerpts from a hearing session at the US Senate Appropriations subcommittee on State, Foreign Operations and Related Programs, during which the president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, made a compelling case for the United States to back the institution’s $1.5 billion emergency…

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

Radio News Release (Soundbite): “A 1.5 billion African Emergency Food Production plan to avoid a looming food crisis,” tells President Adesina to U.S. Senate

The soundbite below is copyright free and can be used at will, without asking for authorization

The recordings are excerpts from a hearing session at the US Senate Appropriations subcommittee on State, Foreign Operations and Related Programs, during which the president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, made a compelling case for the United States to back the institution’s $1.5 billion emergency…

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    • The African Development Bank is working towards establishing an Africa Emergency Food Production Plan which would result in the rapid production of 38 million tons of food across Africa over the next two years – Akinwumi Adesina, President, African Development Bank Group
    • “276 million people are marching toward starvation” – David Beasley, Executive Director, World Food Programme
    • “A perfect storm is leading to heightened global food insecurity, worse, much worse than the previous food crises over the past decade,” warned Tjada D’Oyen McKenna, Chief Executive Officer, Mercy Corps
    • “We should be concerned and even alarmed about the widening food security crisis that this war is causing for hundreds of millions far beyond Eastern Europe,” said Senator Coons, Chair of the Senate subcommittee on State, Foreign Operations and Related Programs.
    • Senate Appropriations Subcommittee on State Work Plan
    • Senate Appropriations Subcommittee on State Work Plan (FR)
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    • “A 1.5 billion African Emergency Food Production plan to avoid a looming food crisis,” tells President Adesina to U.S. Senate
    • “Africa must prepare for the inevitable global food crisis,” warns President Adesina during U.S. Senate hearing session
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Source: African Development Bank Group (AfDB) |

African Development Bank Group seeks US support for $1.5 billion emergency food plan for Africa

The plan is anchored on the provision of certified seeds of climate-adapted varieties to 20 million African farmers

The president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, made a compelling case, on Wednesday, for the United States to back the institution’s $1.5 billion emergency food production plan. The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine. Download audio…

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    • Lighting up Africa: A linesman connects power to the Gitwa Cell, Nyarukara Village, under a greenfield project in Rwanda, co-financed by the African Development Bank
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Source: African Development Bank Group (AfDB) |

Rwanda: African Development Bank approves loans of $180 million to reinforce transmission and last mile connectivity

The project will entail the construction of over 1,000 km of medium voltage and 3,300 km of low voltage lines to boost last mile access

The Board of Directors of the African Development Bank (www.AfDB.org) has approved two loans amounting to $180 million to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions in Rwanda. This follows the 26 May 2021 approval for $84.2 million from…

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

African Development Bank Group to Launch New Trust Fund for the Circular Economy

Circular economy principles play a strategic role in advancing the African Development Bank’s High-5 development priorities

The Board of Directors of the African Development Bank (www.AfDB.org) has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration of the circular economy into African efforts to achieve nationally defined contribution (NDC) targets. The Facility (https://bit.ly/3voaQVl), a multi-donor trust fund, will operate over a period…