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African Development Bank Group (AfDB)

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    • Representatives of the African Development Bank, African Fertilizer Financing Mechanism, the Government of Norway and Apollo Agriculture at the Nairobi launch of the Financing for Sustainable Agriculture Management Project
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Source: African Development Bank Group (AfDB) |

Kenyan Farmers Get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee

The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales

In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism (https://apo-opa.co/3W642uA) has launched a project that will help deliver nearly 8,000 tons of fertilizers to 100,000 smallholder farmers, boosting harvests and incomes. Through its Fertilizer Financing for Sustainable Agriculture Management Project (https://apo-opa.co/3QfyVsr), the Mechanism will provide a…

African Development Bank Group (AfDB)

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    • Bank Executive Director Rufus Darkortey (right) welcoming Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire
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Source: African Development Bank Group (AfDB) |

African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing Conflict

The meeting between Ambassador Abdelhamid and Mr. Darkortey signifies a collaborative effort between the African Development Bank and Sudan to address challenges and pave the way for a more resilient future for the country

Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire, recently paid a courtesy visit to Mr. Rufus N. Darkortey, Executive Director for Sudan at the African Development Bank (www.AfDB.org). The meeting, held on April 4, 2024, at the African Development Bank’s headquarters in Abidjan, focused on collaborative efforts…

African Development Bank Group (AfDB)

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    • Workers carrying bags of fertilizer at a warehouse in Njombe, Tanzania
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Source: African Development Bank Group (AfDB) |

The Africa Fertilizer Financing Mechanism receives $7.3 million to boost agricultural productivity and smallholder farmers’ income

Funding targets food production and income growth for 800,000 smallholder farmers

Global Affairs Canada (https://apo-opa.co/3UlInNr) has provided $7.3 million in funding to the Africa Fertilizer Financing Mechanism (AFFM) to enhance sustainable agricultural productivity and smallholder farmer livelihoods, particularly women and youth across Africa. The financing will aid the Mechanism in replicating its credit guarantee programs, enabling fertilizer importers and aggregators to access…

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

Nigeria: African Development Bank signs $75 million loan agreement to boost Indorama’s fertilizer production and export capacity

Indorama’s two operational urea fertilizer lines serve Nigeria’s domestic market, supporting the country’s agricultural sector

The African Development Bank (www.AfDB.org) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job…

African Development Bank Group (AfDB)

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    • (L-R) Stanley George, Director, International Economic Relations Department, Federal Ministry of Finance; Sale Samanja, Yobe State Attorney General and Commissioner of Justice; Mohammed Abacha, Yobe State Commissioner for Finance; Sidi Yakubu, Yobe State Commissioner for Environment and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, during ECCAP loan negotiation agreement meeting at the Bank’s Office in Abuja, Nigeria
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Source: African Development Bank Group (AfDB) |

African Development Bank approves $50 million loan to support climate change resilience, improve livelihoods and boost food security in Nigeria’s Yobe State

Yobe State Government will contribute $4.52 million in counterpart funding, and project beneficiaries are contributing $16.82m

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $50 million loan for the Yobe State Environmental and Climate Change Action Project (ECCAP) to enhance climate change resilience, boost food security, and improve livelihoods for over 3.5 million people in northeast Nigeria. The project cost is…

African Development Bank Group (AfDB)

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    • Morocco: Maison Malake – the social cooperative revolutionizing cashew nuts (1)
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    • Morocco: Maison Malake – the social cooperative revolutionizing cashew nuts (3)
    • Morocco: Maison Malake – the social cooperative revolutionizing cashew nuts (4)
    • Morocco: Maison Malake – the social cooperative revolutionizing cashew nuts (5)
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Source: African Development Bank Group (AfDB) |

Morocco: Maison Malake – the social cooperative revolutionizing cashew nuts

The cooperative aims to protect and develop ecosystems, while striving for innovation

As night falls over Marrakech’s medina, wrought-iron lanterns illuminate the narrow streets of the souk. The air is filled with scents of saffron and mint, and the metallic clang of the water carriers’ cymbals punctuates the buzz from the maze of alleyways. It is to this UNESCO World Heritage site…

African Development Bank Group (AfDB)

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    • The African Development Bank provides The Gambia with additional funding to bolster agricultural production and food security
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Source: African Development Bank Group (AfDB) |

The Gambia: African Development Bank approves supplemental $16 million to boost agriculture and food security

With the funding providing additional support for inputs, productivity is expected to rise, with rice yields increasing from 2.0 to 2.5 tonnes per hectare (t/ha) and maize harvests reaching 2.0 t/ha from 1.8

The Board of Directors of the African Development Bank Group (www.AfDB.org), granted an additional $16.08 million on March 4, to The Gambia to bolster its ongoing Agriculture and Food Security Project (https://apo-opa.co/3wDCO3w), launched in 2021. GASFP (Global Agriculture and Food Security Project) (https://apo-opa.co/4a0uBFc), a multilateral financing platform dedicated to enhancing the…

African Development Bank Group (AfDB)

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    • From l to r: Minata Samate Cessouma, Commissioner for Health, Humanitarian Affairs and Social Development, African Union Commission; Samuel Ntsokoane Matekane, Prime Minister and Minister of Defence, National Security and Environment of the Kingdom of Lesotho; Sahle-Work Zewde, President of the Federal Republic of Ethiopia; Akinwumi Adesina, President of the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

Leaders say financing and stronger policies needed to tackle malnutrition affecting more than 80 million children

Some 86 million children below five face various forms of malnutrition, 63 million are stunted, 10 million are overweight and three million are wasted - that is they have low weight for their height

Lesotho, African Union Commission, African Development Bank (www.AfDB.org), and partners call for renewed commitment to boost nutrition for Africa’s children; "We have a duty and a responsibility to reduce malnutrition and stunting in Africa by 40% by 2025 - just one year from now" - Adesina. Africa’s children are paying…

African Development Bank Group (AfDB)

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    • Osama Mahdi, Dep. Project Coordinator for South Sudan Urban Water Corporation, shows VP Marie-Laure Akin-Olugbade and the team around the Bank-funded water project. Juba February 2024
    • On a three-day visit to South Sudan, AfDB Vice President Marie-Laure Akin-Olugbade interacts with refugees at the Gendrassa camp fleeing conflict in neigbouring Sudan. February 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank to scale up financing to South Sudan in 2024 – Vice President Marie-Laure Akin-Olugbade

The Bank's ongoing portfolio in South Sudan amounts to $160 million, with the top sectors being agriculture, skills and social development, and governance

The African Development Bank’s Vice President for Regional Development (www.AfDB.org), Integration and Business Delivery, Marie-Laure Akin-Olugbade has concluded a three-day visit to South Sudan. Akin-Olugbade met with high-level government officials including First Vice President, Riek Machar, and the ministers of Finance and National Planning, Interior, Humanitarian Affairs and Disaster Management,…

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    • Nearly 200 agricultural stakeholders attended the ceremony to launch the Emergency Project for Increasing Agricultural Production in Burkina Faso
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Source: African Development Bank Group (AfDB) |

Burkina Faso government, African Development Bank launch project to bolster food security

Under its African Emergency Food Production Facility, the African Development Bank Group, has provided €38.4 million—nearly the entire project cost— for PURPA-BF

The government of Burkina Faso has officially launched an African Development Bank (www.AfDB.org) supported project to bolster food security in the country against the impacts of Russia’s invasion of Ukraine. The Emergency Project for Increasing Agricultural Production in Burkina Faso (PURPA-BF) was launched on 6 February 2024 at the national Ministry…