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African Development Bank Group (AfDB)

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    • The AfDB has received $14m to help agriculture SMEs in Ethiopia, Uganda, Tanzania, Malawi, and Zambia gain better access to credit, insurance, and investment capital
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Source: African Development Bank Group (AfDB) |

African Development Bank Group receives $14 million in first funding allocation under Global Agriculture and Food Security Program’s new private sector financing window

More than 1.5 million smallholder farmers and 500 agro-dealers and cooperatives are expected to benefit

The Global Agriculture and Food Security Program (GAFSP) has announced the first allocation from its new private sector financing window to the African Development Bank Group (www.AfDB.org), providing $14 million in de-risking capital that aims to unlock $200 million from the private sector to enhance food security in low-income countries.…

African Development Bank Group (AfDB)

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    • Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri
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Source: African Development Bank Group (AfDB) |

Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri

The appointment underscores Zafiri’s central role in Mission 300, a joint initiative of the World Bank Group and African Development Bank to provide first-time electricity access to 300 million people in Sub-Saharan Africa by 2030

The African Development Bank Group (AfDB) (www.AfDB.org), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE) equity investment vehicle targeting small-scale and decentralized renewable energy, to expand access to electricity and clean cooking…

African Development Bank Group (AfDB)

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    • Dr. Sidi Ould Tah, President of the African Development Bank Group, participates in the World Bank Group's High-Level Advisory Council on Jobs meeting during the 2025 World Bank–IMF Annual Meetings in Washington, D.C.
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Source: African Development Bank Group (AfDB) |

African Development Bank chief joins global push to turn youth into economic powerhouse

This year’s Jobs Council focused on tourism and skilling -- two sectors where Africa holds vast untapped potential

African Development Bank Group (www.AfDB.org) President Dr Sidi Ould Tah on Monday joined global leaders on the World Bank Group’s High-Level Advisory Council on Jobs, championing Africa’s demographic dividend and the drive for youth employment.  Invited by World Bank Group President Ajay Banga, Dr Ould Tah participated in the Council’s…

African Development Bank Group (AfDB)

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    • Dignitaries at the launch of the joint report “Investing in Innovative Food Systems Solutions in Challenging Contexts” in Abuja, including representatives from AfDB, WFP, IFPRI, Olam, and the Governors of Kano and Katsina States
    • L–R: Dr. Abdul Kamara, Director General for Nigeria, African Development Bank; Senator Abubakar Kyari, Minister of Agriculture and Food Security; His Royal Highness Muhammadu Sanusi II, Emir of Kano; Mr. David Stevenson, Country Director and Representative, WFP Nigeria; Dr. Steven Were Omamo, Executive Director, IFPRI; and Mr. Ade Adefeko, Vice President, Olam, during a high-level panel session at the launch of the joint AfDB–WFP–IFPRI report “Investing in Innovative Food Systems Solutions in Challenging Contexts.”
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Source: African Development Bank Group (AfDB) |

Rebuilding the breadbasket: African Development Bank, United Nations World Food Programme (WFP) and International Food Policy Research Institute (IFPRI) launch report on innovative investment in food systems in Northern Nigeria

“Investing in Innovative Food Systems Solutions in Challenging Contexts,” provides a roadmap for revitalizing northern Nigeria’s food systems

The African Development Bank (https://AfDB.org), in partnership with the United Nations World Food Programme (WFP) and the International Food Policy Research Institute (IFPRI), has released a new study urging coordinated and innovative investments to strengthen food security and unlock the agricultural potential of northern Nigeria. Launched on the margins of…

African Development Bank Group (AfDB)

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    • l-r AfDB Vice President for Private Sector, Infrastructure & Industrialization, Solomon Quaynor and Mr. Shoji Yamada, Representative Director and President, JGC Corporation sign agreement in Yokohama. August 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank and JGC Corporation sign agreement to advance use of sustainable aviation fuel and Africa’s green aviation agenda

The production and adoption of SAF in Africa is consistent with the Bank’s sustainable transport and mobility and energy transition strategy

 The African Development Bank (www.AfDB.org) and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore cooperation in the development of sustainable aviation fuel (SAF)in Africa. The two parties signed a Letter of Intent to this effect on the sidelines of the Ninth Tokyo International Conference on…

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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    • 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…