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African Development Bank Group (AfDB)

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    • At the World Bank/IMF Spring Meetings, African leaders discussed implementing recommendations from an AfDB report, Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa
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Source: African Development Bank Group (AfDB) |

Ahead of Conference of the Parties (COP30), Africa champions new approach to measuring green wealth of countries and incentivizing climate action

Leaders emphasized that a proper valuation of Africa's natural resources would transform the continent's financial landscape by unlocking access to global financial flows, improving national risk profiles, and creating new capacity for investments in green economies and climate-resilient infrastructure

 Proper valuation of natural capital and the ecosystem services it provides, such as carbon sequestration, is a win-win strategy for growing economies— Urama, African Development Bank (www.AfDB.org) We need to make bold decisions and act swiftly to accelerate the measurement of Africa’s green wealth— Suda-Mafudze, African Union Commission. African leaders…

African Development Bank Group (AfDB)

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    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (1)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (2)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (4)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (5)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development

The African Development Bank’s 2025 African Economic Outlook report to be released during the annual meetings would address the changing global economic landscape

The African Development Bank Group’s (www.AfDB.org) 2025 Annual Meetings next month will take a deep dive into how Africa can better harness its wealth of capital and address current issues such as heavy debt burdens, climate change and rising tariffs in a complex geopolitical landscape, the institution’s Secretary General and Chief…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (1)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (2)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (3)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis

Returning to a previously held role where he provided pro bono advice to the Bank, Rt. Hon. Mitchell is passionate about Africa’s development and has extensive knowledge and experience in managing the complexities of global resource mobilization

The African Development Bank Group (www.AfDB.org) President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis. Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and…

African Development Bank Group (AfDB)

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    • Nigeria’s Agro-Revolution: Construction of Special Agro-Industrial Processing Zones (SAPZ) begins
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Source: African Development Bank Group (AfDB) |

Nigeria’s Agro-Revolution: Construction of Special Agro-Industrial Processing Zones (SAPZ) begins

African Development Bank Group and Nigeria Kick Off $538 million agro-industrial project across eight states

Nigeria’s food and agriculture sector is set to enter a new era of industrialization, as the Nigerian government, the African Development Bank (www.AfDB.org), and the State government of Kaduna kickstart the construction of Phase 1 of the Special Agro-industrial Processing Zones (SAPZ) program.    The groundbreaking ceremony starts in Kaduna…

African Development Bank Group (AfDB)

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    • Members of the African Development Bank team and other participants who worked on Senegal's award-winning $500 million sustainable term loan in Cape Town, South Africa
    • Members of the AfDB team that participated in Rwanda's €200 M award-winning ESG loan in Cape Town
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Source: African Development Bank Group (AfDB) |

CORRECTION: African Development Bank-Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards

The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring

Two African Development Bank Group (www.AfDB.org)-supported projects have garnered top honours at the 2025 Bonds, Loans & ESG Capital Markets Africa Awards (https://apo-opa.co/4lvavcK) conference. A $500 million sustainable term loan facility in Senegal (https://apo-opa.co/4i1gUt8) was named Sovereign Syndicated Loan Deal of the Year, while Rwanda’s €200 million ESG loan (https://apo-opa.co/3RxvfTd) was awarded ESG…

African Development Bank Group (AfDB)

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    • Representatives of the African Development Bank and other participants in Senegal's award-winning $545M sustainable term loan facility in Cape Town
    • Members of the AfDB team that participated in Rwanda's €200 M award-winning ESG loan in Cape Town
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Source: African Development Bank Group (AfDB) |

African Development Bank-Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards

The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring

Two African Development Bank Group (www.AfDB.org) -supported projects have garnered top honours at the 2025 Bonds, Loans & ESG Capital Markets Africa Awards (https://apo-opa.co/4li4foE) conference. A $545 million sustainable term loan facility in Senegal (https://apo-opa.co/4ldg7rV) was named Sovereign Syndicated Loan Deal of the Year, while Rwanda’s €200 million ESG loan (https://apo-opa.co/4lf3cpd) was…

African Development Bank Group (AfDB)

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    • A teacher at the Sekete Primary School using one of the taps installed through the AfDB-Funded Lesotho Rural Water Supply and Sanitation Project’s water and sanitation initiative
    • The Lesotho Rural Water Supply and Sanitation Project is connected to the Metolong Dam Water Supply Programme, a collaborative initiative between the government and partners
    • A massive water reservoir constructed as part of the Lesotho Rural Water Supply and Sanitation Project
    • Community nurse Mots'elisi Makhele stands by the tap that previously served around 2,000 people and indicates the houses now connected to modern facilities constructed through the Lesotho Rural Water Supply and Sanitation Project
    • A stream that Kesete Village residents relied on for water before modern facilities were constructed through the AfDB-Funded Lesotho Rural Water Supply and Sanitation Project
    • Deteriorated sanitation facilities at Hamaja Primary School prior to the intervention
    • New sanitation facilities at Hamaja Primary School built under the Lesotho Rural Water Supply and Sanitation Project. The project delivered more than 266 sanitation facilities for vulnerable households and installed 284 toilets in schools and healthcare facilities
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Source: African Development Bank Group (AfDB) |

The Gift of Water: How the Lesotho Rural Water Supply and Sanitation Project is Transforming Lives

The African Development Bank project transformed the community by providing individual household taps and proper sanitation facilities

"Water is life; when there is no water, it is as if there are no people living." These profound words from 'Masechefo Sechefo, a Community Councilor at Ha Sekete village, capture the essence of existence in rural Lesotho before the African Development Bank's transformative intervention. In a country where water…

African Development Bank Group (AfDB)

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    • Africa’s Green Growth Agenda: Unlocking Opportunities for a Climate-Resilient Future
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Source: African Development Bank Group (AfDB) |

Africa’s Green Growth Agenda: Unlocking Opportunities for a Climate-Resilient Future

By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future

The African Development Bank Group (www.AfDB.org) participated in the third edition of the Africa’s Green Economy Summit (AGES) (https://apo-opa.co/4izmWCf) in Cape Town, South Africa, from 18 – 21 February, 2025. The annual Summit, hosted by the African Union, brought together policy makers, stakeholders, private sector and experts who discussed Africa’s…

African Development Bank Group (AfDB)

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    • Desert to Power: The African Development Bank Group, Eritrea sign agreement for 12 MW mini-grid project
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Source: African Development Bank Group (AfDB) |

Desert to Power: The African Development Bank Group, Eritrea sign agreement for 12 MW mini-grid project

To build local capacity and ensure project sustainability, 25 local companies will be trained and equipped with tools and machinery

The African Development Bank Group (www.AfDB.org) and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert to Power Eritrea 12MW Mini Grid Project. Eritrea’s Minister of Finance and National Development, who is also the Bank Group Governor for the country, Dr. Ghiorghish Teklemichae, signed on…

African Development Bank Group (AfDB)

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    • The fifth edition of the Finance in Common Summit concluded on Friday in Cape Town
    • FICS 2025: African Development Bank's Director General for Southern Africa, Leila Mokaddem, emphasized that Africa's green transition must be inclusive
    • At the 2025 Finance in Common Summit, senior leaders of the African Development Bank stressed the need for urgent action
    • On the sidelines of the 2025 Finance in Common, the African Development Bank called on G20 nations to enhance financial commitments
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Source: African Development Bank Group (AfDB) |

Finance in Common Summit urges global development finance institutions to harness collective power to address global poverty

African Development Bank leaders champion climate finance and just transition

The fifth edition of the Finance in Common Summit (FiCS) concluded on Friday in Cape Town, South Africa, with strong calls for global development finance institutions to work together to address poverty and development challenges. South African Finance Minister Enoch Godongwana led the call. The summit, which was co-sponsored by…