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African Development Bank Group (AfDB)

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    • African Development Bank President Sidi Ould Tah (2nd left) with other multilateral development bank heads. Washington DC October 17, 2025
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Source: African Development Bank Group (AfDB) |

Heads of Multilateral Development Banks (MDBs) meet to take stock of progress on joint actions and look ahead

After their gathering, Heads held an exchange of views with Director General of the International Atomic Energy Agency, Rafael Grossi, on trends in civil nuclear energy

The Heads of Multilateral Development Banks (MDBs) Group, chaired in 2025 by the Council of Europe Development Bank (CEB), met today to review progress on joint actions and chart priority areas for the Group’s future work. Heads noted that their collaborative engagement has deepened throughout 2025, under the CEB’s Chairship…

African Development Bank Group (AfDB)

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    • African Development Bank Approves $500 Million Strategy to Drive Inclusive Growth and Economic Resilience in Sierra Leone
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Source: African Development Bank Group (AfDB) |

African Development Bank Approves $500 Million Strategy to Drive Inclusive Growth and Economic Resilience in Sierra Leone

The Five-Year Country Strategy Paper targets infrastructure development and agricultural transformation to accelerate the path to middle-income economy

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a new Country Strategy Paper (CSP) for Sierra Leone for 2025–2030, committing approximately $500 million over the next five years to foster sustainable economic growth, strengthen resilience to fragility, and promote inclusive development.   The strategy is built…

African Development Bank Group (AfDB)

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    • Zambian President Hakainde Hichilema (right) welcomes African Development Bank President Dr. Sidi Ould Tah to State House in Lusaka
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Source: African Development Bank Group (AfDB) |

Zambia Affirms Strong Support for African Development Bank (AfDB) President Ould Tah’s vision for New African Financial Architecture

Dr Ould Tah thanked President Hichilema and the Zambian people for hosting the ADF-17 replenishment meeting, a key milestone in mobilising concessional resources for Africa’s most vulnerable countries

Zambia has voiced strong backing for African Development Bank Group (www.AfDB.org) President Dr Sidi Ould Tah’s push for a new African financial architecture that strengthens the continent’s economic sovereignty. Zambian President Hakainde Hichilema expressed this support during discussions with Dr Ould Tah at State House in Lusaka on 9 October…

African Development Bank Group (AfDB)

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    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (1)
    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (2)
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Source: African Development Bank Group (AfDB) |

African Development Fund Launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results

ADF investments helped 2.9 million people gain access to clean water services, connected 500,761 people to electricity (including 251,766 women), and improved health services for 1.2 million people

The African Development Bank Group (www.AfDB.org) today released its African Development Fund (ADF-16) Delivery and Results Report for 2025, demonstrating the Fund's significant impact in supporting sustainable development across Africa's low-income countries. Download Report:  https://apo-opa.co/3W0IhLn  https://apo-opa.co/42BmAoV In a global context marked by economic turbulence, mounting debt, and security challenges, Africa…

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

United Kingdom to host African Development Fund’s 17th replenishment pledging session, reaffirming strong support

Baroness Chapman said the UK intends to make a strong pledge and encouraged all development partners to consider ambitious contributions to the 17th replenishment of the Fund

The United Kingdom has announced that it will host the 17th Replenishment pledging session of the African Development Fund (ADF)in December. The session will bring together development partners to agree on contributions for the ADF’s 2026-2028 cycle. The UK’s Minister of State for Development and Africa, Baroness Jenny Chapman, made the…

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

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

Together we will consolidate our strengths for mobilizing private sector resources and unleashing investments at scale for Africa’s development – Dr Sidi Ould Tah

The African Development Bank Group (www.AfDB.org) and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.…

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

At United Nations’ 80th General Assembly (UNGA80), African Development Bank (AfDB) President Sidi Ould Tah Presses for Scaled-Up Financing and Stronger Partnerships to Realize Africa’s Development Goals

Dr Ould Tah praised Africa's resilience and commitment in the face of current challenges and stressed the need for development partners to work together to build a new African financial system, drawing on each other's strengths

African Development Bank Group (www.AfDB.org) President Sidi Ould Tah is attending the United Nations’ 80th General Assembly this week to push the continent’s development priorities and mobilise support for the replenishment of its concessional lending arm the African Development Fund. High on Dr Ould Tah’s packed agenda are financing, resource…

African Development Bank Group (AfDB)

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    • Léandre Bassolé, Director General of the Regional Office for Development, Integration, and Business Delivery for Central Africa, presents his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of Foreign Affairs, representing Minister Lejeune Mbella Mbella, on 27 August 2025 in Yaoundé
    • Léandre Bassolé, Director General of the Regional Office for Development, Integration, and Business Delivery for Central Africa, meets Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning, and Regional Development, and Governor of the Bank for Cameroon, on 28 August in Yaoundé
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Source: African Development Bank Group (AfDB) |

Léandre Bassolé officially takes helm of African Development Bank's regional office for Central Africa

Bassolé presented his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of Foreign Affairs, representing Minister Lejeune Mbella Mbella

Léandre Bassolé, the new Director General of the African Development Bank Group's (www.AfDB.org) Regional Office for Development, Integration, and Business Delivery for Central Africa, officially took office on 27 August 2025, in Yaoundé, Cameroon. Bassolé presented his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of…

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

Tokyo International Conference on African Development (TICAD9): African Development Bank to focus on partnerships and investment at 9th Tokyo International Conference on African Development

The African Development Bank stands as a key driver of this transformation for the continent, leveraging its leadership to mobilise international support, particularly from Japan

The African Development Bank (www.AfDB.org) will participate in the 9th Tokyo International Conference on African Development (TICAD9) (https://apo-opa.co/4fLythd) taking place in Yokohama, Japan from 20-22 August. This year’s conference takes place at a critical time as Africa seeks to close investment gaps and build resilience to global economic and climate shocks.…

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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…