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

African Development Bank and Central African Republic forge stronger alliance to tackle fragility and drive sustainable development

Despite fragility stemming from political and security factors, the Bank has remained resolute in supporting the country’s sustainable development objectives

The African Development Bank (www.AfDB.org) and the Central African Republic (CAR) have reinforced their partnership during an official visit by Marie Laure Akin-Olugbade, Vice President for Regional Development and Business Delivery, from 25-27 March. Akin-Olugbade engaged with key stakeholders and government leaders, including President Faustin-Archange Touadera and Prime Minister Felix…

African Development Bank Group (AfDB)

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    • Administrative authorities in the Central African Republic will benefit from financial support from the African Development Fund to improve their employees’ working methods
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Source: African Development Bank Group (AfDB) |

Central African Republic: African Development Fund provides US$5 million to support capacity building for public officials and improve the management of public finances

The support comes from Pillar 1 of the African Development Fund’s Transition Support Facility, the African Development Bank Group’s concessional financing window

The Board of Directors of the African Development Fund approved a donation of US$5.3 million to the Central African Republic in Abidjan on 6 September 2023 to contribute to the implementation of the Resource Mobilisation and Transparency of Development Policies Support Project. The support comes from Pillar 1 of the…

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

Central African Republic: the African Development Bank Group donates €12.62 million to support workplace reintegration for communities affected by the political and military crisis

The programme will help strengthen the achievements of interventions in the areas covered by phase 1 and extend them to the country’s interior

Funding Approval date: 6 September 2023. Project name: Support Programme for Reconstruction of Grassroots Communities, phase 2 (PARCB-2). Amount: donation of €12.62 million from the Transition Support Facility. Joint funding in parallel with the United Nations Development Programme (UNDP): US$5 million. Aims The aim of the second phase of the Support…

African Development Bank Group (AfDB)

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    • AfDB Delegation with Minister of Finance and Budget and Alternate Governor of the Bank, H.E. HERVE NDOBA to Bria, CAR
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Source: African Development Bank Group (AfDB) |

United Nations Refugee Agency (UNHCR), African Development Bank conduct joint mission to Central African Republic (CAR) on durable solutions for refugees and internally displaced persons

The representatives met with national authorities and development partners working alongside the people of the Central African Republic to consolidate progress toward a lasting peace

Representatives of the African Development Bank (www.AfDB.org) and the United Nations Refugee Agency have conducted a joint visit to Central African Republic to explore the potential of joint initiatives for durable solutions to sustain the returns of refugees and internally displaced people. The UNHCR team, led by Raouf Mazou, Assistant High…

African Development Bank Group (AfDB)

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    • The African Development Bank will provide Central African farmers with seeds and fertilizers to boost food production and improve food security in the Central African Republic.
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Source: African Development Bank Group (AfDB) |

Food Security: African Development Bank Donates $5.4 Million to Central African Republic for Food Security Project

The project will have a positive impact on the food security of nearly 100,000 people with an expected production of 32,350 tonnes in the first season from September 2022 to February 2023

The Board of Directors of the African Development Bank Group (www.AfDB.org) today approved a grant of $5.39 million to the Central African Republic. The grant will assist the production of an additional 32,000 tonnes of foodstuffs and enhance food security for 100,000 people. It will also help the Central African Republic to…

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

African Development Bank grant to improve governance of natural resource outflows in six African countries

The Transitional Support Facility has awarded a $2.8 million grant for the Governing Natural Resource Outflows for Enhanced Economic Resilience in Fragile and Transitional Countries (GONAT) project in the selected fragile and transitional countries

Six African countries will soon benefit from a grant from the Transitional Support Facility (TSF) of the African Development Fund, through a project designed to strengthen national capacity for governing natural resource outflows in Africa. The African Development Fund is the concessional lending arm of the African Development Bank Group.…

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

Covid-19: African countries win the race against time with testing laboratories

Daily testing capacity of African countries rose from 13,200 at the beginning of the epidemic to 105,000

In March 2020, Africa had its back to the wall, helpless in the face of the magnitude of a virus that appeared in Asia and quickly spread to the entire planet. Only two African countries were then able to test for the novel coronavirus: Senegal, with its Pasteur Institute, and…

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

The African Development Bank: a strategic partner in developing resilience and sustainable energy in the Sahel region

The Sahel Alliance has invited the African Development Bank to lead a working group on agriculture, rural development and food security

The Sahel Alliance will hold its second general assembly in N'Djamena, Chad on Monday, 15 February 2021. The meeting will take place on the side-lines of a summit for the G5 Sahel countries— Burkina Faso, Mali, Mauritania, Niger, Chad—as well as France. The African Development Bank (www.AfDB.org) played an active…

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

African Development Bank approves EUR 88 million loan to Cameroon to finance COVID-19 response

In Cameroon, the pandemic has revealed the structural weaknesses of the country’s health system and economy

The Board of Directors of the African Development Bank (www.AfDB.org) on Monday approved a EUR 88 million loan to Cameroon as direct budget support to finance the country’s COVID-19 crisis response. The loan, to the country’s COVID-19 Crisis Response Budget Support Programme (PABRC), falls under the framework of the Bank’s…

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

African Development Bank COVID-19 response: moving from commitment to action

As of June 12, the Bank’s COVID-19 emergency packages have reached the continent’s five geographic regions

The African Development Bank (https://www.AfDB.org) has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic. The Bank’s operations have continued to run smoothly since the first cases appeared in early March, despite the wide range of lockdowns and measures imposed by governments to flatten the…