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African Development Bank Group (AfDB)

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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,…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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,…

African Development Bank Group (AfDB)

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    • Municipal staff from African cities visit an electric bus maintenance center in Sao Paulo, as part of an AfDB-supported study tour focused on learning from Brazil’s experiences in sustainable urban development, August 7, 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank Group supports study tour to Brazil to inspire African cities

The trip was inspired by the idea that peer exchanges between cities in the Global South can enrich the urban planning approaches and strategies of decision-makers in African municipalities

From August 5 to August 13, 2024, representatives from seven African cities visited the Brazilian cities of Sao Paulo, Fortaleza and Curitiba, to discover inspiring solutions being implemented by local authorities to promote sustainable urban development.  The Study Tour, organised as part of the African Development Bank’s African Cities Program…

African Development Bank Group (AfDB)

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    • Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and African Development Bank to invest €400 million in Africa’s Private Sector Growth
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Source: African Development Bank Group (AfDB) |

Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and African Development Bank to invest €400 million in Africa’s Private Sector Growth

Both financial institutions will support the continent’s economic growth through targeted strategic projects, promote the exchange of information among stakeholders, and facilitate joint investment opportunities

Investment to support projects in food security, SME development, and sustainable infrastructure growth in Africa, within the framework of the Mattei Plan; Newly established collaborative platform GRaF to mobilise up to €750 million. Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to…

African Development Bank Group (AfDB)

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    • AfDB President Adesina in a head-to-head conversation with BADEA president Sidi Ould Tah
    • The Arab Bank for Economic Development in Africa's (BADEA) 50th Anniversary: Leaders unite to celebrate success, urge increased Africa-Arab economic collaboration
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Source: African Development Bank Group (AfDB) |

The Arab Bank for Economic Development in Africa's (BADEA) 50th Anniversary: Leaders unite to celebrate success, urge increased Africa-Arab economic collaboration

We need a structured and coordinated partnership that will pool financial resources to address critical issues – Dr. Akinwumi Adesina, African Development Bank

Ghana’s President Nana Akufo-Addo and African Development Bank Group (www.AfDB.org) head Dr. Akinwumi Adesina joined dignitaries from Africa and the Arab world on Sunday for a ‘Leaders’ Breakfast’ celebrating the 50th anniversary of the Arab Bank for Economic Development in Africa (BADEA). The event, held in Accra on the sidelines…

African Development Bank Group (AfDB)

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    • From right, AfDB's VP Quaynor discussing African startups with Kazumasa Kimura, Vice chairperson of Keizai Doyukai's Japan-Middle-East/Africa Relations Committee, Ken Shibusawa, Vice-Chairperson, Africa Project Team, Keizai Doyukai, Allm CEO Teppei Sakano and Satoshi Shimoda, Senior Staff Writer, Nikkei Inc. at the JABF
    • Africa offers some of the highest returns globally, VP Urama told the Forum audience
    • VP Kariuki (at right) said Japan has a competitive advantage in geothermal technology
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Source: African Development Bank Group (AfDB) |

Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Bank leaders underscored the institution's commitment to making investing in Africa more attractive

Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank's strong support to manage risks, African Development Bank Group (www.AfDB.org) leaders stressed at the Japan-Africa Business Forum in Tokyo. "Africa has huge private sector opportunities. The continent offers some of the highest…