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    • Italy reaffirms its support for the African Development Bank under the Mattei Plan. Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group (2nd from left), received an Italian delegation on May 8, 2025, at the institution's headquarters in Abidjan
    • Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group
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Source: African Development Bank Group (AfDB) |

Italy affirms Partnership with African Development Bank under the Mattei Plan

Under the Mattei Plan for Africa, Italy aims to foster economic and strategic partnerships with African nations and institutions

Italy has reaffirmed its partnership with the African Development Bank (www.AfDB.org) and expressed keenness to explore mutual growth opportunities in Africa under the Mattei Plan.  Stefano Gatti, Director General for Development Cooperation at the Ministry of Foreign Affairs and International Cooperation (FAIC) and Lorenzo Ortona, Head of the Mattei Plan…

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    • Family photo after the opening ceremony of the 2025 edition of the African Development Bank's Civil Society Organizations Forum
    • Manager of the Civil Society and Community Engagement Division, Zeneb Touré, symbolically hands over the Civil Society Engagement Action Plan 2024-2028 to Beth Dunford, Vice-President of the African Development Bank Group for Agriculture, Human and Social Development, representing Mr. Akinwumi Adesina, President of the institution
    • family photo after the presentation of the Civil Society Engagement Action Plan 2024-2028 to civil society organizations
    • Testimonies from representatives of civil society organizations on a Bank-funded project covering the Central African Republic and the Democratic Republic of Congo
    • Civil society representatives exchanged with senior management of the Bank Group From left to right: Uche Duru, representing the Director of the Environmental and Social Safeguards and Compliance Department; Dominique Puthod, representing the Director of Strategies and Operational Policies; Nathalie Beatrice Chinje-n Bodiong, Principal Advisor to the Secretary General of the Bank Group; Mariam Diawara, Acting Director of the Independent Review Mechanism; Martha T.M. Phiri, Director of the Human Capital, Youth and Skills Development Department and Acting Director of the Gender, Women and Civil Society Department; Anthony Nyong, Director of the Climate Change and Green Growth Department; Martin Fregene, Director of the Agriculture and Agro-Industry Department
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Source: African Development Bank Group (AfDB) |

2025 Civil Society Forum: African Development Bank and Civil Society Reaffirm Alliance for Africa's Transformation

The forum provided an opportunity for the Bank to present its Civil Society Engagement Action Plan (2024–2028), reaffirming its commitment to an inclusive and participatory development process

The African Development Bank www.AfDB.org has reaffirmed its unwavering commitment to collaborating with African civil society to advance the continent's development agenda. This was a key message of the 2025 Civil Society Organizations (CSO) Forum, which was successfully held on Thursday, May 8, 2025, in Abidjan. The forum, organized under the…

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    • African Development Bank President Dr Akinwumi Adesina and Inter-American Development Bank President Ilan Goldfajn sign $3.2 billion Exposure Exchange
    • African Development Bank signs $3.2 billion Exposure Exchange with Inter-American Development Bank
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Source: African Development Bank Group (AfDB) |

African Development Bank signs $3.2 billion Exposure Exchange with Inter-American Development Bank

Since 2015, the African Development Bank has used these agreements to diversify lending within its sovereign portfolio and deploy capital effectively while preserving a resilient financial base

The African Development Bank Group (www.AfDB.org) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior agreement originally executed between the two institutions in 2015. The agreement was signed in Washington DC, on the sidelines of the World Bank Group and International Monetary…

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    • African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
    • African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade
    • African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025
    • The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina
    • The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024.)
    • UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture
    • Barbados Prime Minister Mia Mottley emphasized Africa’s strategic role in shaping global economic trends, as the continent controls 40% of the world’s minerals
    • Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges
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Source: African Development Bank Group (AfDB) |

African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

During the final day of the assembly, several African governments and AU officials paid tribute to Dr. Adesina for his exceptional leadership of the Bank and strong global advocacy for Africa, He ends his tenure as the Bank Group’s president on 1st September 2025

“It’s been my greatest honor to serve you and Africa”—Adesina tells African leaders Governments across Africa pay tribute to Adesina’s exceptional leadership UN Secretary General Guterres says global financial architecture hampering Africa’s development, calls for reforms African Development Bank Group (www.AfDB.org/en) President Dr. Akinwumi A. Adesina, delivered a compelling farewell address…

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    • The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16): Mobilizing Global Action for the African Great Green Wall Initiative
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Source: African Development Bank Group (AfDB) |

16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16): Mobilizing Global Action for the African Great Green Wall Initiative

The gathering brought together Heads of State and Government, leaders from international financial institutions, technical experts, and other key stakeholders

The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16) hosted a high-level event to mobilize political support and scale up investments for the African Great Green Wall (GGW) Initiative. Organized in collaboration with the African Union Commission (AUC) and the African Development Bank,…

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    • African Development Bank President Akinwumi Adesina (left) presents a commemorative publication on the Policy and Human Resource Development Grant to Japan's Vice Minister of Finance for International Affairs, Atsushi Mimura
    • Mary Yeboah
    • Glory and Angelinah
    • Meeting with JIBC
    • PRST at Keizai group
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Source: African Development Bank Group (AfDB) |

Japan: African Development Bank Celebrates Three Decades of Japan-Backed Trust Fund

Over the past three decades, Japan has contributed JPY 5.3 billion ($ 37.4 million) to the PHRDG, supporting 107 projects, with 96 completed and 11 ongoing as of September 2024

The African Development Bank Group (www.AfDB.org) has celebrated the 30th anniversary of  the Policy and Human Resource Development Grant (PHRDG), a bilateral trust fund created by Japan  in 1994.The initiative has contributed significantly to the development of Africa's human capital, supporting over 100 transformational projects across various sectors. Presenting a…

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    • African Development Bank Group and JICA sign landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan to boost the African Development Fund. Japan, October 2024
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Source: African Development Bank Group (AfDB) |

Japan boosts African Development Fund with Japanese yen (JPY) 51.67 billion concessional loan

Additional resources to drive much-needed development in Africa's least-developed and fragile countries

The African Development Bank Group (www.AfDB.org) and the Japan International Cooperation Agency (JICA) have signed a landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan (CDL) agreement towards the African Development Fund.   The loan, pledged by the Japanese government at the 16th general replenishment of the resources of the…

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    • Japan’s Deputy Vice Minister of Finance for International Affairs, Mr. Daiho Fujii (left) with Ms. Ayisha Fuseini, owner of Asheba Enterprise and one of the beneficiaries of FAPA funded project, the Ghana SME Business Linkage
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Source: African Development Bank Group (AfDB) |

Joint African Development Bank- Government of Japan Visit to Fund for African Private Sector Assistance (FAPA)-Funded Projects in Ghana

Propelling Sustainable Private Sector Development through collaboration

The African Development Bank (www.AfDB.org) and the Government of Japan recently concluded a joint visit to two projects funded by the Fund for African Private Sector Assistance (https://apo-opa.co/4dOF0oP) (FAPA) in Ghana to assess their impact on stimulating the growth of small businesses and boosting private sector development. The Japanese delegation…

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    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (1)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (2)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (3)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (4)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel

Through this parallel co-financing agreement, support will be provided to key sectors over the next five years

The African Development Bank Group (www.AfDB.org) and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to strengthen social and economic development in the Sahel. The signing ceremony was held at the U.S. Embassy in Dakar, Senegal. The agreement, valued at $600…

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    • Vice President Quaynor leads African Development Bank mission to India to strengthen business ties (1)
    • Vice President Quaynor leads African Development Bank mission to India to strengthen business ties (2)
    • Vice President Quaynor leads African Development Bank mission to India to strengthen business ties (3)
    • Solomon Quaynor, Vice President of African Development Bank
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Source: African Development Bank Group (AfDB) |

Vice President Quaynor leads African Development Bank mission to India to strengthen business ties

The delegation participated in a roundtable with 15 Indian pharmaceutical and healthcare infrastructure companies, co-hosted by the Bank and India Exim Bank

An African Development Bank (www.AfDB.org) delegation led by Vice President Solomon Quaynor has concluded a four-day official visit to India to explore investment and trade opportunities and partnerships between Africa and India in pharmaceuticals, agriculture, and technology. During the mission, which took in the cities of New Delhi, Gurgaon and Faridabad,…