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African Development Bank Group (AfDB)

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    • Mozambique's President, Daniel Chapo (left), and the President of the African Development Bank, Dr Akinwumi Adesina, at the 2025 Africa50 General Shareholder Meeting in Maputo
    • African Development Bank President Dr Akinwumi Adesina at a Fireside Chat with Adesina: 10 Years of Legacy, moderated by Nozipho Mbanjwa-Tshabalala, CEO of The Conversation Strategists
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Source: African Development Bank Group (AfDB) |

Mozambique President Extols Adesina's Transformative Decade at African Development Bank

“Your legacy is not just institutional but impacting the lives of Africans,” President Chapo said in tribute to Adesina’s legacy during Africa50 General Shareholders Meeting

Mozambique’s President Daniel Chapo has lauded Dr. Akinwumi Adesina for a decade of “transforming ambition into outcomes” as President of the African Development Bank Group (www.AfDB.org), crediting his leadership with improving millions of lives across the continent. Opening Africa50 General Shareholders Meeting in Maputo on Wednesday, President Chapo thanked Adesina…

African Development Bank Group (AfDB)

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    • African Development Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure - Project Development Fund

The Alliance for Green Infrastructure in Africa - Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50

Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative The Fund, managed by Africa50, seeks to raise $400 million of blended, early-stage development capital to deliver a pipeline of investment-ready green infrastructure projects in Africa The African Development Bank Group (www.AfDB.org) has announced $40 million…

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

African Development Bank and partners drive data transformation in Africa with Statistical Data and Metadata Exchange (SDMX) and Open Data Platform 2.0 training

SDMX has emerged as a leading global standard for statistical data exchange, enabling greater efficiency, automation, and integration across national, regional, and global statistical systems

The Statistics Department of the African Development Bank (AfDB) (www.AfDB.org), in collaboration with the African Union Institute of Statistics (STATAFRIC), the Africa Centre for Statistics of the United Nations Economic Commission for Africa (UNECA), and other international partners held a week-long Regional Workshop on Statistical Data and Metadata exchange (SDMX)…

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

Opening Speech Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors African Development Bank Group and Chairman, Africa50 2025 General Shareholders Meeting

Mozambique is a strong shareholder of the African Development Bank Group, which started operations in the country in 1977

Your Excellency, Daniel Chapo, President of the Federal Republic of Mozambique. Honorable Carla Louveira, Minister of Economy and Finance of Mozambique. Honorable Ministers and senior government officials. The Secretary General of the African Continental Free Trade Area Secretariat, Wamkele Mene. Excellencies, Ambassadors and heads of diplomatic missions. Heads of international…

African Development Bank Group (AfDB)

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    • Participants at the Africa50 General Shareholders Meeting in Maputo
    • African Development Bank President Akinwumi Adesina discusses Africa50's transformation over the past eight years
    • From left to right: Alain Ebobissé, CEO of Africa50; Carla Alexandre Loveira, Mozambique's Minister of Finance; Daniel Francisco Chapo, President of Mozambique; and Akinwumi Adesina, President of AfDB and Africa50 Chair, at Africa50's General Shareholders Meeting in Maputo
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Source: African Development Bank Group (AfDB) |

Africa50 Sets New Benchmark in Infrastructure Financing, Surpasses $1.4B in Managed Assets

Africa50 also sealed two significant pan-African deals, including the first close of the Alliance for Green Infrastructure in Africa (AGIA), an initiative envisioned by Dr. Akinwumi Adesina

Eight-Year Journey from Single Employee to 100-Strong Team Managing $8 Billion Portfolio Value Demonstrates Africa's Infrastructure Investment Potential. Africa50 symbolises the new Africa; an Africa that depends on itself, promotes cooperation between Africans, and builds shared prosperity, says President of Mozambique Africa50 (www.Africa50.com), the investment platform established by African governments…

African Development Bank Group (AfDB)

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    • Group photo from the AfAC Taxonomy Workshop, bringing together experts to advance a unified green finance framework for Africa
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Source: African Development Bank Group (AfDB) |

Africa’s Financial Industry Validates the Continental Sustainable Finance Taxonomy

The Taxonomy provides standardized definitions of activities that contribute to sustainable development, enabling financial institutions to direct capital toward climate-smart and socially responsible investments

Africa’s financial sector has taken a major step toward aligning with global climate and sustainability goals with the validation of a continent-wide Sustainable Finance Taxonomy.  The groundbreaking framework, the first of its kind for Africa, was endorsed by regulators, commercial banks, insurance firms, and development finance institutions in Nairobi on…

African Development Bank Group (AfDB)

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    • Group photo of African women entrepreneurs’ associations and workshop participants
    • Presentation of the study report to representatives of Mauritanian women entrepreneurs’ associations
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Source: African Development Bank Group (AfDB) |

African Development Bank Unveils Groundbreaking Mapping of Women Entrepreneurs’ Associations in Africa

The study shows that while nearly one in four African women is an entrepreneur, 87 percent of women’s associations lack financial management capacity

The African Development Bank (www.AfDB.org) has unveiled the findings of a first-of-its-kind study mapping women entrepreneurs’ associations across sixteen African countries, revealing significant capacity gaps that hinder their economic impact. Launched on 6 August in Nouakchott, the study shows that while nearly one in four African women is an entrepreneur,…

African Development Bank Group (AfDB)

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    • Ethiopian Airlines Chief Commercial Officer, Lemma Yadecha (4th from L) and African Development Bank Group President, Dr. Akinwumi Adesina (4th from R), hold the signed mandate letter designating the Bank as mandated lead arranger for the Bishoftu International Airport in Ethiopia, set to be Africa’s largest airport by 2029
    • Ethiopian Airlines Group Chief Commercial Officer Lemma Yadecha and African Development Bank Group President, Dr. Akinwumi Adesina, sign a Mandated Lead Arranger agreement authorizing the Bank to mobilize up to $8 billion in financing for the new Bishoftu International Airport
    • “Speed and scale are now the hallmarks of Ethiopia. And scale is what we are signing onto today – a testament to the power of vision, determination and resolve to put Africa at the top,” said the Bank chief
    • Ethiopian Airlines Group Chief Commercial Officer, Lemma Yadecha, presented the Bishoftu International Airport project to event participants, outlining scheduled construction timelines, current progress and estimated costs
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Source: African Development Bank Group (AfDB) |

The $10 Billion Mega-Airport Financing Partnership Between Ethiopian Airlines and African Development Bank Takes Off

New Bishoftu international airport will be a game changer for air transport in Africa and globally — Adesina

Ethiopia’s ambition to build a new international airport that will rival some of the world’s biggest, took off on Monday with a monumental signing ceremony marking the African Development Bank’s role (www.AfDB.org) as the initial mandated lead arranger, global coordinator and book runner to mobilize nearly $8 billion of the…

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

African Development Bank backs Artificial Intelligence (AI) training to boost Agenda 2063 implementation across Africa

The training is part of broader efforts to enhance institutional and human capacity across the continent

The African Development Bank (www.AfDB.org) is supporting a new Artificial Intelligence (AI) training initiative to advance the implementation of Africa’s continental development blueprint, Agenda 2063: The Africa We Want (http://apo-opa.co/4miWmzo). Through its Joint Secretariat Support Office (JSSO), the Bank provided technical and financial backing for the 5th Annual Training Workshop for…

African Development Bank Group (AfDB)

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    • From left to right: Émile Gros Raymond Nakombo, president of the Special Delegation of the City of Bangui; Mamady Souaré, head of the African Development Bank Group’s Country Office in the Central African Republic; Arthur Bertrand Piri, Minister of Energy and Water Resource Development; Guène Ousseynou, Head of the Water Security and Sanitation Division for the North, West and Central regions for the Bank Group; and Eric Sorongopé, governor of the Bas-Oubangui region
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Source: African Development Bank Group (AfDB) |

The Central African Republic and the African Development Bank Group launch an ambitious programme to develop water resources in the Ubangui River basin

The programme covers the provinces of Nord-Ubangi, Sud-Ubangi and Mongala in the DRC, as well as Greater Bangui in the Central African Republic

The government of the Central African Republic and the African Development Bank Group (www.AfDB.org) launched the Regional Support Programme for the Development of Cross-Border Water Infrastructure and Resources between the Central African Republic and the Democratic Republic of Congo (PREDIRE) (http://apo-opa.co/41DG9w2) in Bangui on Tuesday 5 August 2025. Bertrand Arthur…