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African Development Bank Group (AfDB)

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    • Group photo of the delegation of the Pan-African Farmers' Organization (PAFO), led by its president, Ibrahima Coulibaly (seated, third from the right), with Martin Fregene, Director of the Agriculture and Agro-Industry Department at the African Development Bank (seated, third from the left)
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Source: African Development Bank Group (AfDB) |

The Pan African Farmers' Organization (PAFO) and African Development Bank Strengthen Partnership to Support Small-Scale Farmers

The meeting culminated in plans to jointly host a High-Level Conference on Financing Small-Scale Farmers in the second quarter of 2025

The Pan African Farmers' Organization (PAFO) and the African Development Bank (www.AfDB.org) are strengthening their collaboration to enhance support for small-scale farmers across Africa. A PAFO delegation led by its President, Ibrahima Coulibaly, visited the Bank’s headquarters on December 13, 2024, to advance the implementation of the Memorandum of Understanding…

African Development Bank Group (AfDB)

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    • The African Development Bank's financial support for Zambia aims to increase private sector participation in the economy, with a particular emphasis on agro-industrial development and climate-smart investments
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Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank grants loan of $108 million to strengthen economic governance

The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme which is a key pillar in efforts to build a resilient and diversified Zambian economy

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance and implement reforms in key public sectors. The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme…

African Development Bank Group (AfDB)

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    • Nigeria’s Special Agro-industrial Processing Zones (SAPZ) Phase II, Boosted with a Whopping $2.2 billion Investment Interest at the Africa Investment Forum (AIF) 2024
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Source: African Development Bank Group (AfDB) |

Nigeria’s Special Agro-industrial Processing Zones (SAPZ) Phase II, Boosted with a Whopping $2.2 billion Investment Interest at the Africa Investment Forum (AIF) 2024

SAPZ Nigeria Phase II is underway to expand to an additional 24 States in Nigeria in the next 3 years and will link Nigeria's agriculture to agro-industrialization to drive economic growth

The African Development Bank Group (www.AfDB.org) facilitated $2.2 billion in capital mobilization for its transformative Special Agro-Industrial Processing Zones Nigeria Phase II project during the Africa Investment Forum. At a packed presidential boardroom on Wednesday 4th December, governors from Nigerian States, leaders from multilateral development organizations, the diplomatic corps as…

African Development Bank Group (AfDB)

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    • The African Development Bank's 2024-2029 Country Strategy Paper for Ghana proposes innovative methods to accelerate agri-industrial transformation and increase support for the private sector
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Source: African Development Bank Group (AfDB) |

Ghana: African Development Bank's 2024-2029 Country Strategy Paper for Ghana prioritises support for industrialisation and sustainable transport infrastructure

As of 31 October 2024, the African Development Bank Group's active portfolio in Ghana comprised 23 projects, featuring total commitments of US$850 million

The main aim of the African Development Bank Group (www.AfDB.org) Country Strategy Paper (CSP) 2024-2029 for Ghana, approved by the Board of Directors on 6 November 2024, is to build a resilient and inclusive economy through private sector-led industrialisation. The CSP has set two priorities: industrialisation through private sector development…

African Development Bank Group (AfDB)

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    • The first stage of implementation of the Regional West Africa Rice Development project will involve Gambia, Guinea-Bissau, ECOWAS and AfricaRice. Tens of thousands of rice farmers will benefit from access to seeds, fertilizers and plant protection products
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Source: African Development Bank Group (AfDB) |

The African Development Fund releases initial support of $99 million to finance the development of rice cultivation value chains in West Africa

The project will help to increase production and the productivity of rice cultivation, as well as improving income generation for farmers, particularly women and young people

The Board of Directors of the African Development Fund has approved initial funding of $99.16 million to develop regional rice cultivation value chains as part of the Regional West Africa Rice Development project.   The aim of the project is to increase food security and sovereignty in West Africa by encouraging…

African Development Bank Group (AfDB)

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    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (1)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (2)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (3)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (4)
    • African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank to join world leaders at the G20 Leaders’ Summit prioritizing global solutions to end hunger

The theme of the G20 Rio Summit is “Building a just world and a sustainable planet”

African Development Bank (www.AfDB.org) President Akinwumi Adesina is in Rio de Janeiro where he will reaffirm his commitment to ending hunger and malnutrition. The theme of the G20 Rio Summit is “Building a just world and a sustainable planet”. It will be held from 18-19 November, and a major focus here…

African Development Bank Group (AfDB)

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    • Dr Akinwumi Adesina (left) and President Samia Suhulu Hassan of Tanzania discuss bold measures to feed Africa during the World Food Prize Norman E Borlaug Dialogue. Iowa, October 2024
    • Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa
    • Dr Akinwumi Adesina, the President of the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa

Each youth is given 10 acres of land and is supported by training, already 11,000 have benefitted and this year’s harvest has begun

Tanzania achieves 128% food self-sufficiency, one of continent’s two successful cashew nut processors If you are not investing in Africa, what are you doing? – Akinwumi Adesina Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is…

African Development Bank Group (AfDB)

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    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (1)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (2)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (3)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (4)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (5)
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Source: African Development Bank Group (AfDB) |

Adesina and Banga lead the charge to end hunger in Africa at 2024 Borlaug Dialogue

Interviewed by Roger Thurow, senior fellow for global agriculture at the Chicago Council on Global Affairs, Adesina and Banga discussed the transformative actions from MDBs in meeting Africa’s annual $1.3 trillion development needs

In a powerful opening to the 2024 Norman E. Borlaug International Dialogue, the president of the African Development Bank Group (www.AfDB.org) Dr. Akinwumi Adesina and his counterpart at the World Bank Ajay Banga, stressed the need for more global action against hunger, a goal slipping further away due to the…

African Development Bank Group (AfDB)

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    • AfDB Vice President Dr. Beth Dunford (r) at a and Mastercard Executive Vice President Tara Nathan at recent MADE Alliance Africa event
    • Dr. Beth Dunford, AfDB Vice President
    • AfDB Vice President Dr. Beth Dunford with smallholder farmers in Nigeria who are benefitting from Bank agricultural technologies
    • MADE Alliance Africa aims to connect millions of smallholder farmers and women in Africa with digital services
    • World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent
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Source: African Development Bank Group (AfDB) |

World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent

The African Development Bank aims to bring 3 million farmers in Kenya, Tanzania and Nigeria into the digital economy via Mastercard Community Pass

The African Development Bank Group (www.AfDB.org) and Mastercard are co-chairing a new initiative called Mobilizing Access to the Digital Economy (MADE) Alliance Africa, which aims to provide digital access to critical services for 100 million people and businesses in Africa over the next 10 years. In the first phase of…

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

Multinational: African Development Bank Group approves $34.8 million in grants to build climate resilience in Malawi and Zimbabwe

Climate risk insurance is expected to lead to behavioural changes among beneficiaries, such as increased investment in climate-resilient livelihoods or savings for future insurance premiums

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved grants of $34,796,402.40 to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and Zimbabwe.  Under the Bank Group’s Africa Disaster Risk Financing (ADRiFi) initiative, the Mitigating Fragility through the Africa Disaster Risk…