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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 (3)
    • 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…

African Development Bank Group (AfDB)

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    • Nigerian ministers gathered in Abuja with state representatives and other stakeholders to push for accelerated delivery of the SAPZ program in Nigeria. October 2024
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank and partners agree to fast-track implementation of Special Agro Industrial Processing Zones program

The agreement emerged from a two-day meeting in Abuja, on 7 – 8 October, attended by senior government and bank officials and representatives of financing partners and the private sector

The African Development Bank Group (www.AfDB.org) has reached an agreement with participating Nigerian state governments to speed up implementation of a program designed to develop eight new agro-industrial zones in the country. The agreement emerged from a two-day meeting in Abuja, on 7 – 8 October, attended by senior government…

African Development Bank Group (AfDB)

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    • Justine Gantekpin’s thriving market garden in Djeffa, expanded thanks to the support of project
    • A PAIAVO project beneficiary tending to his plot
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Source: African Development Bank Group (AfDB) |

Modernizing Agriculture: African Development Fund Project Changes Lives in Benin’s Ouémé Valley

Launched in 2014 with €63.63 million in funding from the African Development Bank Group’s concessional window, the African Development Fund, the project has supported 14 localities across Benin’s Ouémé, Zou, and Atlantique districts

The sun rises early over Djeffa, a locality in southeastern Benin’s Sèmè-Podji district where Justine Gantekpin is already tending to her flourishing vegetable farm. Thanks to the African Development Fund Project for Support of Agricultural Infrastructure in the Ouémé Valley (http://apo-opa.co/3Ydp5vP), Gantekpin has expanded her farm from a small plot…

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    • Joseph Ribeiro, the African Development Bank’s Deputy Director General for West Africa (middle), during his visit to the Singrobo-Ahouaty hydroelectric power plant
    • In Yamoussoukro, the Bank delegation visited numerous facilities currently under construction, under the auspices of the Bélier Region Agro-Industrial Cluster Project (2PAI-Bélier)
    • In Toumodi, the 2PAI-Bélier team made a point of immortalising the Bank Group delegation’s visit
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Source: African Development Bank Group (AfDB) |

African Development Bank’s High Impact Projects Transform Côte d'Ivoire’s Energy and Agriculture Sectors

The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018

During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s…

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    • African Development Fund crucial in development and modernisation of Benin sheep industry (1)
    • African Development Fund crucial in development and modernisation of Benin sheep industry (2)
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Source: African Development Bank Group (AfDB) |

African Development Fund crucial in development and modernisation of Benin sheep industry

The project, completed in 2017, recorded satisfactory results between 2012 and 2017: the annual mortality rate fell from 12 percent to 3 percent for cattle

In the early 2000s, Benin reformed its sheep industry, largely because meat and milk production was insufficient to meet local demand. The objective was to r0educe imports, then estimated at an average of 60,000 tonnes of meat and 40,000 tonnes of milk annually. The African Development Fund, the African Development…