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African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (4)
    • 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…

African Development Bank Group (AfDB)

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    • President of the African Development Bank Group, Dr Akinwumi Adesina; Governor of Oyo State, Seyi Makinde; and Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari, at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina, delivering his speech at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina; Governor of Oyo State, Seyi Makinde (3rd from left); Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari (2nd from left); Mrs Grace Adesina; Senior Special Adviser to Dr Adesina on Industrialisation, Prof Oyebanji Oyelaran-Oyeyinka (2nd from right); and AfDB Director General for Nigeria, Dr. Abdul Kamara, at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina and the Governor of Oyo State, Seyi Makinde, ahead of the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State
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Source: African Development Bank Group (AfDB) |

Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State

The Oyo site is the third to be developed under the national SAPZ program, and the first in southwest Nigeria

Oyo SAPZ will host up to 40 agro-processing industries, create over 100,000 direct and indirect jobs, and benefit half a million farmers. A great honour to do this on my last official visit to Nigeria as President of the African Development Bank Group (www.AfDB.org) – Adesina Nigeria has launched a…

African Development Bank Group (AfDB)

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    • In Nigeria, Oyo State’s fertile ground is set to meet mechanized ambition, as the state begins construction of its Special Agro-Industrial Processing Zone under Phase I of the SAPZ Programme
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo State

Third groundbreaking in 2025 under Phase I of the Nigeria SAPZ Programme; first in the country’s southwest

The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). Headlining the ceremony, to be held 2 August 2025 in Ijaiye, Akinyele Local Government Area, will be Nigeria’s…

African Development Bank Group (AfDB)

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    • Participants at Uganda’s updated NDC Stocktake and NDC 3.0 Launch Workshop, held on 15 July 2025 at the Sheraton Hotel, Kampala
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Source: African Development Bank Group (AfDB) |

Uganda Launches Nationally Determined Contribution (NDC) 3.0 Process, Reaffirming Commitment to Climate Action and Ambition

The launch, held at an inception workshop at the Sheraton Hotel in Kampala on 15 July 2025, represents a major step in Uganda’s climate action agenda, aligning national efforts with the outcomes of the first Global Stocktake

The Government of Uganda, with support from the African Development Bank (www.AfDB.org), has launched the stocktake of Uganda’s updated Nationally Determined Contribution (NDC) and initiated the commencement of the NDC 3.0 development process. The launch, held at an inception workshop at the Sheraton Hotel in Kampala on 15 July 2025,…

African Development Bank Group (AfDB)

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    • President of the Republic of Liberia, Joseph Nyuma Boakai, Sr. and the President AfDB Group, Akinwumi Adesina, flanked by senior officials of the Liberian government,at the expanded Cabinet meeting in Monrovia July 22, 2025
    • President AfDB Group, Akinwumi Adesina, addressing an expanded Cabinet meeting of the Liberian government, led by President Joseph Nyuma Boakai, Sr, Monrovia July 22, 2025
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Source: African Development Bank Group (AfDB) |

Liberia salutes African Development Bank President Adesina in landmark Government session

The event served as both a celebration of partnership and a platform for Adesina to share leadership insights as he nears the end of his term in August 2025

I want you to know that your legacy in Liberia is strong and enduring, President Boakai tells Adesina “With your vast natural resources, Liberia has no business being poor.” — Adesina Liberian President Joseph Nyuma Boakai convened the full spectrum of his government leadership to hear from African Development Bank…

African Development Bank Group (AfDB)

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    • Centre: Representatives from CFCA and the African Development Bank, joined by participants of the event “Connecting Africa – The AfCFTA Path,” held on 23 July 2025 in Casablanca, Morocco
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Source: African Development Bank Group (AfDB) |

African Development Bank and Casablanca Finance City Host Strategic Dialogue to Accelerate African Economic Integration concluded by the Casablanca Call to Action

With a population exceeding 1.5 billion and a combined GDP of $3.4 trillion, Africa holds significant economic potential

The African Development Bank (www.AfDB.org) and Casablanca Finance City (CFC), Africa’s leading financial centre, have jointly organized a high-level strategic dialogue in Casablanca to accelerate private sector engagement in the African Continental Free Trade Area (AfCFTA). The dialogue, under theme “Connecting Africa – The AfCFTA Pathway,” was held on 23…

African Development Bank Group (AfDB)

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    • Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit
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Source: African Development Bank Group (AfDB) |

Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit

Representing a community of more than 300 million people across four continents, with a combined GDP of $2.3 trillion in 2024, the CPLP holds immense potential for trade, investment, and inclusive economic transformation

The Lusophone Compact Secretariat last week engaged with leaders of the Community of Portuguese-Speaking Countries (CPLP) at their 15th Summit and economic forum in Bissau, Guinea-Bissau. The July 15-18 meetings provided a strategic platform to showcase the Lusophone Compact’s role in attracting private financing to accelerate sustainable economic development in…

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

Empowering Women through Clean Energy: African Development Bank Launches Country Diagnostics to Accelerate Inclusive Energy Transitions

Focusing on localized, actionable solutions, the reports identify opportunities to embed gender considerations into national energy planning, investment strategies, and policy frameworks

In a significant step toward advancing inclusive climate solutions, the African Development Bank (www.AfDB.org), in partnership with the Climate Investment Funds (CIF) (https://apo-opa.co/44PhRQI), has launched the Gender and Renewable Energy Country Diagnostics (https://apo-opa.co/3GXAwSi)—a pivotal initiative exploring the nexus between gender equity and energy access in six African countries: Ghana (https://apo-opa.co/450VUOL), Liberia (https://apo-opa.co/44DKrFW), Mali (https://apo-opa.co/44ZZLM5),…

African Development Bank Group (AfDB)

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    • Mauritius: African Development Bank Urges Bold Reforms to Unlock Capital and Accelerate Sustainable Growth in 2025 Report
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Source: African Development Bank Group (AfDB) |

Mauritius: African Development Bank Urges Bold Reforms to Unlock Capital and Accelerate Sustainable Growth in 2025 Report

The report notes that while Mauritius continues to post strong economic performance—recording real GDP growth of 4.9% in 2024, slightly down from 5% in 2023—structural constraints and external shocks continue to undermine the country’s growth trajectory

The African Development Bank (www.AfDB.org) has urged Mauritius to accelerate structural reforms to unlock its vast capital potential and advance long-term, sustainable growth. The Bank made the call during the launch of its 2025 Country Focus Report for Mauritius, titled “Making Mauritius’ Capital Work Better for its Development.” The report…