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.…

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…

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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…

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…

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    • From left to right: Émile Gros Raymond Nakombo, president of the Special Delegation of the City of Bangui; Mamady Souaré, head of the African Development Bank Group’s Country Office in the Central African Republic; Arthur Bertrand Piri, Minister of Energy and Water Resource Development; Guène Ousseynou, Head of the Water Security and Sanitation Division for the North, West and Central regions for the Bank Group; and Eric Sorongopé, governor of the Bas-Oubangui region
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Source: African Development Bank Group (AfDB) |

The Central African Republic and the African Development Bank Group launch an ambitious programme to develop water resources in the Ubangui River basin

The programme covers the provinces of Nord-Ubangi, Sud-Ubangi and Mongala in the DRC, as well as Greater Bangui in the Central African Republic

The government of the Central African Republic and the African Development Bank Group (www.AfDB.org) launched the Regional Support Programme for the Development of Cross-Border Water Infrastructure and Resources between the Central African Republic and the Democratic Republic of Congo (PREDIRE) (http://apo-opa.co/41DG9w2) in Bangui on Tuesday 5 August 2025. Bertrand Arthur…

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

Briefing Highlights: How the African Development Fund is Financing Africa’s Future in a Shifting Global Landscape

The media-focused event convened development partners, journalists, and policymakers for an in-depth conversation on the Fund’s role in financing economic transformation

The African Development Fund, the African Development Bank Group’s (www.AfDB.org) concessional financing arm, was the focus of a special edition of the African Transformation Briefing co-hosted by the African Center for Economic Transformation (ACET) and the Global Strategic Communications Council. Moderated by ACET Communications Manager Belinda Ayamgha, the session was…

Source: African Development Bank Group (AfDB) |

African Development Bank commits to Zambia’s Private Sector Growth at Investment Conference

The event featured presentations from sectoral and financial experts across key Bank departments, providing participants with actionable insights into the Bank’s extensive capabilities

The African Development Bank (https://www.AfDB.org/) reaffirmed its strong support for Zambia’s private sector-led transformation by hosting a strategic side event during the inaugural Invest in Zambia International Conference (IZIC). The high-profile session, themed “Catalyzing Private Sector Growth: Unlocking AfDB’s Financing Toolkit in Zambia,” successfully engaged private companies, financial institutions, development…

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

CORRECTION: Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…