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African Development Bank Group (AfDB)

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    • Ali Lamine Mahamane Zeine, Prime Minister of Niger, and Sidi Ould Tah, President of the African Development Bank Group (right), present the documents corresponding to the $144.7 million financing agreement aimed at developing Niger’s energy sector and improving the competitiveness of its private sector
    • Sidi Ould Tah, President of the African Development Bank Group (right), and Ali Lamine Mahamane Zeine, Prime Minister of Niger, sign a $144.7 million financing agreement at the institution's headquarters in Abidjan to improve energy access and private sector competitiveness in Niger
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Source: African Development Bank Group (AfDB) |

African Development Bank Group and Niger sign $144.7 million agreement to boost energy access, economic competitiveness and resilience

A key component of the project focuses on developing renewable energy capacity, with plans for 240 MW of solar power by 2030, including 50 MW by December 2026

African Development Bank Group (www.AfDB.org) President Sidi Ould Tah and Niger’s Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy access and private sector competitiveness. The agreement, signed at the institution’s headquarters in Abidjan, provides budgetary support from the African Development Fund, the…

African Development Bank Group (AfDB)

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    • Seminar on business opportunities at the African Development Bank in Brazzaville on 24 September, with more than 100 Congolese companies participating
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Source: African Development Bank Group (AfDB) |

Republic of Congo – Local businesses are better informed about procurement procedures and ready to seize business opportunities with the African Development Bank

Following the seminar, more than 100 companies across various sectors were added to the Bank's supplier database, an important step before the opening of the service procurement contracts for the Annual Meetings

Employees of over 100 Congolese companies received training in the African Development Bank’s rules (www.AfDB.org) and procedures during an information and awareness seminar held in Brazzaville on 24 September 2025. The event forms part of the preparations for the Bank Group's Annual Meetings scheduled to take place in Brazzaville in…

African Development Bank Group (AfDB)

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    • The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials
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Source: African Development Bank Group (AfDB) |

Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables

Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant. The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables. The facility, scheduled…

African Development Bank Group (AfDB)

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    • Rescue workers and residents search for bodies after landslides that followed heavy rains buried 40 homes in the mountainous district of Bulambuli, eastern Uganda, Nov 28, 2024 (PHOTO / AP)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves USD 500,000 grant to support Uganda’s emergency flood and landslide response

The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts, including the provision of family-size tents

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant of $500,000 from its Special Relief Fund to support Uganda’s Relief Emergency Response Project. The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts,…

African Development Bank Group (AfDB)

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    • Paula Santos Da-Costa, the Director of PIAC and Advocate Andy Mothibi
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Source: African Development Bank Group (AfDB) |

African Development Bank Group’s Office of Integrity and Anti-Corruption partners with Special Investigations Unit of South Africa to combat financial crime and strengthen anti-corruption efforts in Africa

The agreement specifies key areas of collaboration: technical assistance, research, capacity building and training programs

The African Development Bank’s Office of Integrity and Anti-Corruption (PIAC) (www.AfDB.org) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding establishing a framework for cooperation between the two organizations for information sharing and capacity building. The agreement was signed on 3rd July 2025, in…

African Development Bank Group (AfDB)

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    • Sidi Ould Tah, President of the African Development Group, listened attentively to the leaders of African employers' associations
    • The President of the African Development Group, Sidi Ould Tah (6th from left), surrounded by employers' representatives from West and Central Africa and Morocco, with senior officials from the institution
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Source: African Development Bank Group (AfDB) |

African Employers Welcome a Fresh Start with the African Development Bank Group

The business leaders agreed to maintain dialogue, and open channels of communications with the Bank Group's country offices

Key representatives of Africa's private sector welcomed the prospects of a fresh start with the African Development Bank Group (https://AfDB.org/) in Abidjan on Tuesday, at a groundbreaking meeting with its President, Sidi Ould Tah. "We would like to take this opportunity to express our satisfaction at this renewed relationship with…

African Development Bank Group (AfDB)

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    • AfDB President Sidi Ould Tah urges the private sector to play a central role in the structural transformation of African economies
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Source: African Development Bank Group (AfDB) |

Africa must seize global trade disruption as 'historic opportunity,' leaders tell private sector

African leaders see the moment as critical for the continent to strengthen intra-African commerce and reduce dependence on external markets

Ivorian Prime Minister Robert Mambé and African Development Bank Group (www.AfDB.org) President Sidi Ould Tah have urged Africa’s private sector to take centre stage in the continent’s economic transformation, stressing that the current global trade disruptions present an opportunity rather than a threat. The two leaders were speaking on Monday…

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

African Development Bank Group Approves $22.8 Million Grant to Boost Mozambique's Rice Production and Build Climate Resilience

The project is designed to quadruple rice yields, from a ton per hectare to four tons per hectare, and raise annual household incomes from about $590 to $1,000

The African Development Bank Group (www.AfDB.org) has approved a $22.8 million grant from its concessional African Development Fund to strengthen Mozambique's rice value chain and enhance climate resilience, targeting 30,000 smallholder farmers across four provinces. The grant will fund the Rice Value Chain and Climate Resilience Project, which seeks to…

African Development Bank Group (AfDB)

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    • Cameroon’s Economy Minister Alamine Ousmane Mey and AfDB Central Africa Director General Léandre Bassolé sign the agreements in Yaoundé
    • Mey and Bassolé exchange documents after signing the agreements
    • Family photo with Cameroon officials, AfDB representatives and lawmakers from the Far North region
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Source: African Development Bank Group (AfDB) |

Cameroon, African Development Bank (AfDB) sign €136 million loan deal to develop skills and entrepreneurship in Far North

The five-year programme will support technical and vocational training for 6,000 young people, create at least 5,000 jobs, 40% of them for women, and provide backing for over 500 small and medium-sized businesses

Cameroon and the African Development Bank Group (www.AfDB.org) have signed loan agreements worth €136 million to finance a programme aimed at building skills, creating jobs and modernising infrastructure in the country’s conflict-affected far north region. The agreements for the Building Capacities and Skills for Employability and Entrepreneurship in the Extrême Nord…

African Development Bank Group (AfDB)

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    • Equatorial Guinea: African Development Bank approves €73.27 million loan for youth employment and skills development
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Source: African Development Bank Group (AfDB) |

Equatorial Guinea: African Development Bank approves €73.27 million loan for youth employment and skills development

The African Development Bank’s support for the project will help reduce unemployment and underemployment, improving economic inclusion and driving social stability, particularly in Bioko Sur and Welé-Nzas

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €73.27 million loan to Equatorial Guinea for the first phase of the country’s Human Capital Development Project in Support of Economic and Social Inclusion (PARCH 1).  The five-year project (2025-2030) aims to improve vocational training and…