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African Development Bank Group (AfDB)

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    • AFDB Vice president Kevin Kariuki (center left), Italy Representative to the RPFF Governing Council Lorenzo Ortona (center right) and members of the Council in Rabat during the AIF Market Days
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: Rome Process/Mattei Plan Financing Facility (RPFF) Governing Council holds inaugural in-person meeting in Rabat

The Governing Council approved the RPFF’s 2026 work plan, which targets commitments of close to €100 million

The Rome Process/Mattei Plan Financing Facility (RPFF) Governing Council convened for its first-ever in-person meeting in Rabat, Morocco, on the margins of the Africa Investment Forum (AIF). The Governing Council approved the RPFF’s 2026 work plan, which targets commitments of close to €100 million. These resources are expected to leverage…

African Development Bank Group (AfDB)

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    • Al Hamndou Dorsouma, head of the Climate and Green Growth division at the African Development Bank Group (center of the panelists), cited several Bank Group mechanisms related to the climate-peace-security nexus
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Source: African Development Bank Group (AfDB) |

United Nations Climate Change Conference (COP30): African Development Bank strengthens investments in climate-peace-security nexus

Nine of the 10 countries most vulnerable to climate change are in Africa

Climate change, of which Africa has been the principal victim, is aggravating severe and rising security threats across the continent — including terrorism, armed confrontations, and inter-community conflicts — endangering stability and, ultimately, the very survival of its populations. Nine of the 10 countries most vulnerable to climate change are…

African Development Bank Group (AfDB)

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    • The African Development Bank Group is providing USD 500 million in budget support to the Federal Republic of Nigeria to help improve the country's non-oil revenues and to expand fiscal space
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank Group loans $500 million to support economic governance and energy transition

Benefits will also accrue to private businesses in the form of improved investment climate and opportunities in the energy sector at the level of individual states of the Federation, and from the creation of an environment more conducive to public-private partnerships

The Board of Directors of the African Development Bank Group (www.AfDB.org), meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of Nigeria to finance the second phase of the Economic Governance and Energy Transition Support Programme. The policy-based operation is for fiscal years 2024…

African Development Bank Group (AfDB)

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    • The African Development Fund, through its Climate Action Window, is supporting the second phase of the Programme to Strengthen Resilience to Food and Nutritional Insecurity in the Sahel
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Source: African Development Bank Group (AfDB) |

African Development Fund commits $14 million grant to scaling up climate resilience across the Sahel

The Climate Action Window grant will cover 30 municipalities and support the creation of 60 climate-smart villages across Sahelian countries, helping to strengthen community resilience to climate shocks

The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025. The additional financing is provided through the Climate Action…

African Development Bank Group (AfDB)

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    • (From left to right). Roberto Amerise, Director of General Affairs, Financial Programs and International Cooperation at the Italian Ministry of the Environment and Energy Security; Terje Pilskog, CEO of Scatec; Natascha Beinker, representative of the German Federal Ministry for Economic Cooperation and Development and Head of the Climate Policy Division; and Daniel Schroth, Director for Renewable Energy and Energy Efficiency at the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): African Development Bank Group’s (AfDB) Sustainable Energy Fund for Africa (SEFA) mobilises nearly EUR50 million in new commitments for just energy transition and Mission 300

The discussions also featured the impactful work of BURN, a successful African clean cooking company and SEFA grant recipient

The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org), a multi-donor special fund managed by the Bank Group, has secured new investment commitments totalling nearly EUR 50 million, to strengthen the rollout of Mission 300 (https://apo-opa.co/48qxL74) and accelerate climate action across Africa’s power sector. The commitments, made by…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, African Development Bank Group Vice President for Power, Energy, Climate and Green Growth (1st from left) and Gareth Phillips, Group Climate and Environmental Finance Manager (3rd from left) at the launch of the call for expressions of interest for the ABM Secretariat at COP 30 on November 13, 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank Group (AfDB’s) Adaptation Benefits Mechanism Concludes Pilot Phase, Moves to Establish Permanent Secretariat by 2027

African Development Bank Group launches ABM transition phase and call for expressions of hosting interest, at COP30 in Belém

The African Development Bank Group (www.AfDB.org) has concluded the pilot phase of the Adaptation Benefits Mechanism (ABM) and formally kicked off the implementation of a transition phase that will lead to the establishment of a permanent Secretariat by 2027. The ABM is the first non-market approach recognized specifically for adaptation…

African Development Bank Group (AfDB)

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    • Kevin Kariuki, AFDB Vice President for Electricity, Energy, Climate and Green Growth (2nd from left), outlined the institution's support mechanisms for fragile states
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): The African Development Bank Highlights the essential role of climate finance for conflict-affected countries

Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and mobilised an additional $1.6 billion in co-financing

The African Development Bank Group (www.AfDB.org) is playing a key role in supporting conflict-affected countries facing climate disruptions, Bank officials emphasised during a COP30 panel discussion on 12 November in Belém. Through its Climate Action Window, established in 2022, the Bank Group has supported 41 projects worth $322 million and…

African Development Bank Group (AfDB)

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    • The African Development Fund, through its Climate Action Window, will provide a response to the Sahelian wetlands of catchment basins in Burkina Faso, Mali, Niger and Senegal, which are subject to ongoing degradation due to unsustainable exploitation practices and inefficient management of natural resources
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Source: African Development Bank Group (AfDB) |

The Climate Action Window of the African Development Fund grants over $9 million to strengthen climate resilience in the Sahel's main catchment basins

The Sahelian wetlands of the catchment basins in Burkina Faso, Mali, Niger and Senegal are subject to ongoing degradation due to unsustainable exploitation practices

The Board of Directors of the African Development Fund has awarded a grant of $9.48 million to implement the Community and Ecosystem Resilience and Adaptation in the Wetlands of the Sahel Catchment Basins Project.   The financial support comes from the Climate Action Window (https://apo-opa.co/4i6v3Hi) -- a climate change financing mechanism…

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

Multilateral Development Banks Unite at 30th Conference of the Parties (COP30) to Accelerate Climate-Smart Development

The MDBs are supporting clients to scale up nature-positive investments by improving metrics, methodologies, and financial product design

New report showcases best practices for delivering resilience and innovative approaches to scale up adaptation results MDBs publish metrics and methodologies to unlock financing for nature and biodiversity Multilateral Development Banks (MDBs) reaffirm, on Monday at COP30, their commitment (https://apo-opa.co/49N1Fn1) to respond to their clients' priorities to improve livelihoods and…

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

Africa Day at 30th Conference of the Parties (COP30): Advancing Sustainable Financing for a Green and Resilient Future

Africa Day reiterated the continent’s call for a new collective quantified goal on climate finance that meets the scale and urgency of its needs

Africa marked Africa Day at COP30 under the theme “At the Forefront of Climate Action: Sustainable Financing for Inclusive and Resilient Green Growth,” reaffirming the continent’s united call for a new era of climate finance that delivers for people, planet, and prosperity.  The event, held in Belém, brought together ministers,…