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

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to climate finance

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window of the Bank Group’s African Development Fund seeks to…

African Development Bank Group (AfDB)

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    • l-r) Somalia Minister of Finance Bihi Egeh, South Sudan Governor of the Central Bank (Alternate Governor) Dr. James Alic Garang, Union of the Comoros Finance Minister Mzé Abdou Mohamed Chanfiou, AfDB Vice Pres. Dr. Beth Dunford, Djibouti Minister of Economy and Finances Ilyas Moussa Daweleh and Bank Director General for East Africa Nnenna Nwabufo were among the officials taking part in the signing ceremony
    • Djibouti Minister of Economy and Finances H.E. Ilyas Moussa Daweleh and VP Dunford pose for the press after signing the project documents
    • Annual Meetings 2024: Comoros, Djibouti, Somalia and South Sudan join $35 million African Development Bank climate disaster risk financing project
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Source: African Development Bank Group (AfDB) |

Annual Meetings 2024: Comoros, Djibouti, Somalia and South Sudan join $35 million African Development Bank climate disaster risk financing project

The Bank’s Board of Directors approved the Multi-National Climate Disaster Risk Financing Project on 3 May 2024

The African Development Bank Group (www.AfDB.org) Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros, Djibouti, Somalia and South Sudan for the signing agreement for a $35 million project to build resilience and responses to climate shocks. The signings took place on the sidelines…

African Development Bank Group (AfDB)

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    • The Bank's delegation met Djibouti's Minister of Finance and Economy in charge of Industry and Governor of the Bank for Djibouti, Ilyas Moussa Dawaleh (center) as part of the launch of the integrated urban infrastructure study project and dialogue on the ADRiFi Programme.
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Source: African Development Bank Group (AfDB) |

Djibouti: African Development Bank launches study on urban infrastructure and climate adaptation

The study will lead to a roadmap for improving access to resilient urban infrastructure and basic services

The African Development Bank (www.AfDB.org) last month launched the Integrated Urban Infrastructure and Climate Adaptation Study Project in Djibouti city in Djibouti. The study will lead to a roadmap for improving access to resilient urban infrastructure and basic services. It also entails building institutional capacity for inclusive and participatory urban…

African Development Bank Group (AfDB)

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    • Regional Power Trade in Djibouti, Eritrea and Ethiopia Captured Attention at 6th Africa Energy Market Place (1)
    • Regional Power Trade in Djibouti, Eritrea and Ethiopia Captured Attention at 6th Africa Energy Market Place (2)
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Source: African Development Bank Group (AfDB) |

Regional Power Trade in Djibouti, Eritrea and Ethiopia Captured Attention at 6th Africa Energy Market Place

The virtual event was held from 25-27 October 2022 and brought together approximately 111 participants from governments, the private sector and development partners

The African Development Bank Group’s (www.AfDB.org) sixth edition of the Africa Energy Market Place (AEMP), focused on Djibouti, Eritrea and Ethiopia under the theme: Delivering Desert to Power in the Horn of Africa - Enhancing Regional Power Trade. The virtual event was held from 25-27 October 2022 and brought together…

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    • African Development Bank New Series of African Country Gender Profiles Show Progress in Addressing Gender Discriminatory Law
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Source: African Development Bank Group (AfDB) |

African Development Bank New Series of African Country Gender Profiles Show Progress in Addressing Gender Discriminatory Law

The Bank’s country gender profiles evaluate gender equality and offer recommendations to drive parity across a range of metrics

New reports the African Development Bank (www.AfDB.org) has produced on Benin, Djibouti, Somalia, Zimbabwe and Liberia show the countries have successfully put national policies in place to advance gender equality. At the same time, the Covid-19 pandemic has sharpened the challenges women face.    Prepared in collaboration with the countries…

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

African Development Bank Group, Ethiopia, sign $118 million in grant agreements to support agro industrial park, youth employment and Ethiopia-Djibouti power interconnection

The grant agreements were signed on 21 July 2021 by Ethiopian Finance Minister Ahmed Shide, and Kamara

The African Development Bank Group (www.AfDB.org) and the Government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and electricity trade between Ethiopia and Djibouti. The grants fall under the Bank Group’s concessional lending window, the African Development Fund, and will go towards the…

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

African Development Fund extends $83.6 million in grants to boost Ethiopia-Djibouti electricity trade

The funds comprise a $69.65 million grant to Ethiopia and a second grant of $13.93 million to Djibouti, both sourced from the African Development Fund

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved two grants worth $83.6 million to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region. The funds comprise a $69.65 million grant to Ethiopia and a second…

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

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel

The Sahel region's Great Green Wall Initiative received a major boost from the African Development Bank (www.AfDB.org) on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years,…

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

African Development Bank, partners, host online workshop on enhancing water security in the Greater Horn of Africa

The virtual discussion, held on 15 December, was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility

The African Development Bank (www.AfDB.org) and the Intergovernmental Authority on Development (IGAD) (https://bit.ly/3nDsT4E), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to…

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

Djibouti: African Development Fund commits $41.16 million in grants to shore up COVID-19 response

The funding will take the form of an African Development Fund grant for $4.12 million and a $37.04 million grant from the Bank’s Regional Operations Envelope

The African Development Bank (www.AfDB.org) on Friday approved grants worth about $41.16 million to Djibouti to bolster the national budget in support of government efforts to mitigate national and regional impacts of the COVID-19 pandemic. The funding will take the form of an African Development Fund grant for $4.12 million…