African Development Bank Group (AfDB)
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    • Mano River Union delegation with women traders on the Busia border (in pink)
    • A Liberian woman trader (in jacket) engages the One-Stop-Border point management on the Kenya side
    • A delegation of the study tour, comprising women traders and border officials from Liberia and Sierra Leone, as well as representatives from the African Development Bank at the One-Sto- Border-Post in Busia
    • Bank and BIBEST project staff engaging a Kenyan female mechanic, who is also a cross border trader in Busia
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Source: African Development Bank Group (AfDB) |

Mano River Union Delegation Studies Successful Border Post Model to Enhance Women’s Cross-Border Trade

The delegation held discussions with Kenya’s Ministry of Investments, Trade and Industry, the National AfCFTA Committee, TradeMark Africa, Busia Border management authorities, and local women cross-border traders

A Mano River Union (MRU) delegation recently concluded a successful study tour of the ‘Busia One Stop Border Post’ (OSBP) between Kenya and Uganda, gaining valuable insights into efficient cross-border trade systems that benefit women traders. The tour brought together women traders and border officials from Liberia and Sierra Leone,…

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    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (1)
    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million

The African Development Bank Group (www.AfDB.org) and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade across Africa. The agreement includes a R3.6 billion investment in a social bond and a $200 million Risk Participation…

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    • Valdecy Urquiza, Interpol Secretary General and Dr. Akinwumi Adesina, President, African Development Bank Group
    • "As the world’s most transparent financial institution for two consecutive editions [according to Publish What You Fund's assessment of sovereign portfolios], we maintain zero tolerance for corruption and terrorism financing,” said African Development Bank Group President Dr. Akinwumi Adesina
    • “Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world,” said Interpol Secretary General Valdecy Urquiza
    • The African Development Bank Group was represented by members of President Adesina’s senior management team including the director of the Office of Integrity and Anti-Corruption, Ms. Paula da Costa (1st left)
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Source: African Development Bank Group (AfDB) |

African Development Bank Partners with Interpol to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa

According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy

The African Development Bank Group (www.AfDB.org) has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organization (Interpol) today. The Bank Group is the first multilateral development bank to establish such a collaboration with Interpol. …

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    • African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade
    • African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
    • African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025
    • “The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina
    • The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024)
    • UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture
    • Barbados Prime Minister Mia Mottley emphasized Africa’s strategic role in shaping global economic trends, as the continent controls 40% of the world’s minerals
    • Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges
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Source: African Development Bank Group (AfDB) |

CORRECTION - African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

Under Adesina’s presidency, the Bank achieved its largest-ever capital increase, growing from $93 billion in 2015 to $318 billion currently

“It’s been my greatest honor to serve you and Africa”—Adesina tells African leaders Governments across Africa pay tribute to Adesina’s exceptional leadership UN Secretary General Guterres says global financial architecture hampering Africa’s development, calls for reforms African Development Bank Group (www.AfDB.org) President Dr. Akinwumi A. Adesina, delivered a compelling farewell address…

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    • Mrs. Nnenna Nwabufo – Vice President - Regional Development, Integration and Business Delivery – African Development Bank Group, offering the welcome remarks
    • Participants at the Session (1)
    • Dr. Joy Kategekwa - Director, Regional Integration Coordination Office at the African Development Bank Group (2nd from right) with Participants including His Excellency the Minister of Trade and Regional Integration of Ethiopia, Dr Kasahun Gofe (Middle)
    • A group photo of Speakers during the High-Level Strategic Dialogue on Accelerating Visa-free Movement for Africa’s transformation and integration. They incude Mrs. Nnenna Nwabufo - Vice President, Regional Development, Integration and Business Delivery at the African Development Bank Group (4th from left) and H.E. Mr. Albert Muchanga - Commissioner for Economic Development, Trade, Tourism, Industry and Minerals at the African Union Commission (5th from left)
    • H.E. Mr. Albert Muchanga - Commissioner for Economic Development, Trade, Tourism, Industry and Minerals at the African Union Commission, delivering the Keynote Address
    • Dr. Joy Kategekwa - Director, Regional Integration Coordination Office - African Development Bank Group and Dr. Sabelo Mbokazi – Head, Employment, Labour and Migration Division – African Union Commission during the joint announcement of the 2025 Visa-Free Roadshow
    • Ometere Omoluabi-Davies – Principal Regional Integration Coordinator – Regional Integration Coordination Office at the African Development Bank Group, presenting the 9th edition of the Africa Visa Openness Index Report
    • Honorable Prudence Sebahizi, Minister of Trade and Industry, Rwanda
    • African Union Youth Envoy - Chido Mpemba on a call to action
    • Participants at the session (2)
    • Participants at the session (3)
    • Africa’s Business Sector sharing reflections on the theme (2nd from left Dr Amany Asfour - President, African Business Council, 2nd from right Ms. Allen Asiimwe - Deputy Chief Executive Officer, TradeMark Africa, First from right Mr. Mulualem Syoum – Chief Executive Officer, AeTradeGroup)
    • Policymakers in a roundtable discussion on model practices to accelerate Visa-Free movement in Africa (From left - right H.E. Gilberto Da Piedade VERISSIMO - Chairperson - Economic Community of Central African States, ECCAS, H.E. Ms. Veronica Nduva – Secretary General, East African Community, EAC, H.E. Mr. Elias Magosi – Executive Secretary – Southern African Development Community, SADC, H.E. Dr Kasahun Gofe, Minister of Trade and Regional Integration of Ethiopia, Brian Tamuka Kagoro - Pan-Africanist and Managing Director Programs, Open Society Foundations)
    • Participants at the session (4)
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Source: African Development Bank Group (AfDB) |

African ministers hold strategic dialogue on visa-free movement to propel regional integration agenda for Africa’s Transformation

The presentation reported that 39 African countries have improved their scores since 2016, indicating that visa openness across Africa is at its highest level since the inception of the index

On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration, underscoring visa-free movement to reduce illegal migration and strengthen official travel channels.  The high-level dialogue, convened by the African Development Bank Group and the African Union Commission alongside the AU Summit, brought…

African Development Bank Group (AfDB)
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    • African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
    • African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade
    • African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025
    • The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina
    • The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024.)
    • UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture
    • Barbados Prime Minister Mia Mottley emphasized Africa’s strategic role in shaping global economic trends, as the continent controls 40% of the world’s minerals
    • Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges
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Source: African Development Bank Group (AfDB) |

African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

During the final day of the assembly, several African governments and AU officials paid tribute to Dr. Adesina for his exceptional leadership of the Bank and strong global advocacy for Africa, He ends his tenure as the Bank Group’s president on 1st September 2025

“It’s been my greatest honor to serve you and Africa”—Adesina tells African leaders Governments across Africa pay tribute to Adesina’s exceptional leadership UN Secretary General Guterres says global financial architecture hampering Africa’s development, calls for reforms African Development Bank Group (www.AfDB.org/en) President Dr. Akinwumi A. Adesina, delivered a compelling farewell address…

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    • At the launch of the "Africa's Macroeconomic Performance and Outlook 2025" report, African Development Bank Group leaders and senior officials present copies of the report. In the front row, from left to right, Albert Muchanga, Commissioner of the African Union, Kevin Urama, Vice President of the Bank Group, Ahmed Shide, Minister of Finance of Ethiopia (far right), and Nnenna Nwabufo, Vice President of the Bank Group (2nd from left). In the second row (center), Beth Dunford, Bank Group Vice President for Agriculture, Human and Social Development; Alemayehu Taffesse of the International Food Policy Research Institute (far left); Mothae Maruping, Chairman of the Board of Directors of the African Risk Capacity Group (far right)
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Source: African Development Bank Group (AfDB) |

African Development Bank: New report highlights Africa’s strengthening economic growth amid global challenges

The continent also continues to grapple with geopolitical tensions, structural weaknesses, climate-related disasters, and prolonged conflicts in regions such as the Sahel and the Horn of Africa

Growth rates above 5 percent expected in close to half of the continent’s countries in 2025; 12 of world’s 20 fastest growing economies will be African Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook (MEO) report…

Source: African Development Bank Group (AfDB) |

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to climate finance

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window of the Bank Group’s African Development Fund seeks to…

African Development Bank Group (AfDB)
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    • Winners of a Tanzania national Clean Cooking Challenge received awards during the Africa Energy Summit held in Tanzania, January 2025 (1)
    • Winners of a Tanzania national Clean Cooking Challenge received awards during the Africa Energy Summit held in Tanzania, January 2025 (2)
    • President Suluhu Hassan of Tanzania, global Clean Cooking ambassador at the Africa Energy Summit. January 2025
    • Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit
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Source: African Development Bank Group (AfDB) |

Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit

Tanzania leading continental efforts to promote clean cooking with President Suluhu Hassan as ambassador

African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000 women and children annually across the continent. In energy compacts (apo-opa.co/40Fdx4z) signed during the Mission 300 Africa Energy Summit, held in Tanzania 27-28 January, 12 African…

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    • Mission 300: Significant new donor pledges in support of the Sustainable Energy Fund for Africa announced on margins of the Africa Energy Summit
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Source: African Development Bank Group (AfDB) |

Mission 300: Significant new donor pledges in support of the Sustainable Energy Fund for Africa announced on margins of the Africa Energy Summit

France’s contribution will bolster the Africa Green Infrastructure Alliance (AGIA), a platform of the African Development Bank, Africa 50 and other partners that will develop transformative sustainable infrastructure projects for investment

Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the African Development Bank (www.AfDB.org)-managed fund as it expands energy access across Africa, including through the Mission 300 partnership. Another new donor – Japan –joined in…