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African Development Bank Group (AfDB)

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    • African Development Bank’s Akinwumi Adesina briefs African leaders on Bank’s progress in mobilizing financial resources for the continent (1)
    • African Development Bank’s Akinwumi Adesina briefs African leaders on Bank’s progress in mobilizing financial resources for the continent (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Akinwumi Adesina briefs African leaders on Bank’s progress in mobilizing financial resources for the continent

The year began with the African Development Bank successfully launching a globally acclaimed landmark $750 million hybrid capital, the first ever by a multilateral financial institution

The president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, has outlined the Bank’s successes in mobilizing financial resources for the continent’s development needs at the African Union. Addressing heads of state and government at the 6th Mid-Year Coordination Meeting of the AU in Accra, Ghana, Adesina highlighted the Bank’s…

African Development Bank Group (AfDB)

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    • Fifth from left: Prof Emeritus Olugbemiro Jegede; AfDB President Akinwumi Adesina; Primate of the Church of Nigeria (Anglican Communion) Most Rev Henry C. Ndukuba at the Council of Anglican Provinces of Africa retreat, where Adesina spoke on 'Food Security and Financial Sustainability in Africa'
    • AfDB President Akinwumi Adesina speaking on 'Food Security and Financial Sustainability in Africa' at the Council of Anglican Provinces of Africa retreat in Abuja
    • Most Rev. Henry C. Ndukuba, Primate of the Church of Nigeria (Anglican Communion), thanks AfDB President Akinwumi Adesina (to the left) for his lecture on 'Food Security and Financial Sustainability in Africa' at the CAPA retreat in Abuja
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Source: African Development Bank Group (AfDB) |

Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending

The President of the African Development Bank Group Dr. Akinwumi Adesina (www.AfDB.org) has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This follows the announcement by Nigeria’s Minister for Agriculture Abubakar Kyari on July 10 that the Federal Government would suspend duties, tariffs,…

African Development Bank Group (AfDB)

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    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (1)
    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (2)
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Source: African Development Bank Group (AfDB) |

Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation

Kimani’s winning invention is an advanced early detection system, designed to detect crop pests and diseases swiftly, which can reduce crop losses by up to 30% and increase yields by as much as 40%

Esther Kimani, a 2022 YouthADAPT winner, received the prestigious 2024 Africa Prize for Engineering Innovation from the Royal Academy of Engineering on June 13 in Nairobi, Kenya. YouthADAPT is sponsored by the African Development Bank (www.AfDB.org) and the Global Center on Adaptation under the Africa Adaptation Acceleration Program (AAAP) (https://apo-opa.co/3XZTJch).  Innovative…

African Development Bank Group (AfDB)

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    • AfDB Vice President Marie-Laure Akin-Olugbade (right) meets with Angolan Minister for Agriculture and Forestry, Dr António Francisco de Assis ( centre) and AfDB Country Manager for Angola Pietro Toigo during an official visit. Angola, June 2024
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Source: African Development Bank Group (AfDB) |

Angola: African Development Bank Vice President Akin-Olugbade on mission to boost development impact

The parties discussed the cooperation between Angola and the Bank and its priorities, which focus on accelerating economic diversification and job creation

African Development Bank (www.AfDB.org) Vice-President for Regional delivery, Integration and Business Delivery, Marie-Laure Akin-Olugbade has completed a mission to Angola in which she held several strategic, high-level dialogue sessions with authorities of the country. The talks provided the foundation for the implementation of the Bank’s new 2024-2029 Country Strategy Paper.…

African Development Bank Group (AfDB)

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    • Several regions of Mauritania will benefit from the AfDB project, which aims to increase productivity, add value to agricultural products, boost women's incomes and support female entrepreneurship
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Source: African Development Bank Group (AfDB) |

Mauritania: The African Development Bank grants $17 million to strengthen resilience of female market gardeners, add value to agricultural production and increase incomes of rural women

The project will directly benefit up to 22,200 households and will have indirect impact on nearly 90,000 people

The African Development Bank (ADB) Group (www.AfDB.org) Board of Directors has approved a grant of $17 million to the Islamic Republic of Mauritania to implement the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women's Entrepreneurship (French acronym PCVASGEF) (http://apo-opa.co/3ztTpsd). This project is financed under the Global Agriculture and…

African Development Bank Group (AfDB)

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    • African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects (1)
    • African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects

The Zambezi River Basin project, estimated to cost $9.45 million, is expected to benefit millions through advancements in agriculture, fisheries, and dam operations

The African Development Bank (www.AfDB.org) has secured more than $18 million in funding from the Global Environment Facility (GEF) for two major projects aimed at bolstering environmental sustainability and resilience across Africa. The first project, "Strengthening Zambezi River Basin Management towards Climate Resilience and Ecosystem Health," has been allocated $10.57…

African Development Bank Group (AfDB)

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    • Papo Delphine a cocoa farmer in her plantation in Watte village San Pedro Cote d'Ivoire
    • A training on cocoa fertilization with farmers in Watte village San Pedro Cote dIvoire
    • Papo Delphine a cocoa farmer completes tree pruning prior to fertilization prior to fertilization
    • Bardo Etienne a cocoa farmer in his plantation
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Source: African Development Bank Group (AfDB) |

Cultivating Hope: Ivorian Cocoa Farmers' Path to Empowerment

The learners closely follow the instructors as they demonstrate the appropriate fertilizer doses and application techniques for cocoa trees

On a misty morning in rural Cote d’Ivoire, Delphine Papo deviates from her usual routine. Instead of trekking 4 kilometers through the fog to her cocoa plantation, she’s headed to a special class. The Watté United Brothers Cooperative (SCUW) is hosting a demonstration of cocoa tree fertilization, and Delphine is…

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

Liberia: African Development Fund approves $10 million from Global Agriculture and Food Security Program (GAFSP) Trust Fund to scale up nutrition project

The proposed project is anchored on government priorities to improve food security and strengthen livelihood, agricultural transformation, and economic prosperity for all

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia. The project aims to improve…

African Development Bank Group (AfDB)

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    • Completion of the Trans-Gambia Bridge will facilitate efficient movement of goods and people
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Source: African Development Bank Group (AfDB) |

Bridging Progress: African Development Bank powers The Gambia’s leap into the future

The Trans-Gambia Bridge and its ancillary road network link major routes and destinations, promoting the efficient movement of goods and people, supporting trade, raising incomes and improving livelihoods throughout West Africa

The African Development Bank’s (www.AfDB.org) investments in The Gambia’s energy sector have significantly improved access to affordable and reliable electricity, with at least 70% of Gambians projected to have power by the end of 2024 (50% in rural areas), according to a recent Bank country progress report. Notable projects include…

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

African Development Bank, World Food Programme (WFP) project boosts wheat production in war-torn Sudan amid soaring hunger

The yield of 645,000 metric tonnes of wheat this year accounted for 22 percent of the total wheat consumption needs of Sudan

An emergency wheat production project in Sudan financed by the African Development Bank (www.AfDB.org) and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across five states within the past year. The African Development Bank…