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

The Gambia: African Development Fund Approves Additional $3.3 Million Financing for Rice Value Chain Transformation Program

The additional financing will focus on providing subsidized inputs as well as policy reforms destined to scale up food production

The Board of Directors of the African Development Bank Group (https://www.AfDB.org/) has approved a grant of $3.5 million from the African Development Fund’s Transition Support Facility (https://bit.ly/3B8V9pr) as additional financing for a rice value chain transformation project in the Gambia. The Rice Value Chain Transformation Program was started in December 2018, with…

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

African Development Bank Group supports Domestic Debt Market Development in The Gambia, Sierra Leone, Guinea and Liberia

The project will provide technical assistance and capacity building to develop domestic debt markets in the four countries

The African Development Bank Group (www.AfDB.org) has launched a project to support development of domestic debt markets and financial systems in four West African Monetary Zone (WAMZ) countries: the Gambia, Sierra Leone, Guinea and Liberia. The Bank had earlier approved a grant of UA1.5 million, or about $2 million for…

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

African Development Bank provides $320 000 in grant funding to mainstream gender in Economic Community of West African States' (ECOWAS) digital financial operations

The grant will be disbursed through the Africa Digital Financial Inclusion Facility, a blended finance vehicle, supported by the Bank

The Board of Directors of the African Development Bank (www.AfDB.org) has awarded a grant of $320, 535 to the West African Monetary Agency to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks. The funds will support a gender gap analysis of several WAMA strategies including those for…

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

The African Development Bank: a strategic partner in developing resilience and sustainable energy in the Sahel region

The Sahel Alliance has invited the African Development Bank to lead a working group on agriculture, rural development and food security

The Sahel Alliance will hold its second general assembly in N'Djamena, Chad on Monday, 15 February 2021. The meeting will take place on the side-lines of a summit for the G5 Sahel countries— Burkina Faso, Mali, Mauritania, Niger, Chad—as well as France. The African Development Bank (www.AfDB.org) played an active…

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

Mauritania: African Development Bank extends $2.1 million for rollout of Disaster Risk Financing

The Bank is extending the funding under its Africa Disaster Risk Financing (ADRIFI) program to enable the country to take out a drought risk index-based insurance policy

The African Development Bank’s (www.AfDB.org) Board on Wednesday approved a grant of $2.1 million to boost the country’s resilience against climate related shocks and food insecurity. The funds, sourced from the African Development Fund, will go to provide technical and institutional support to strengthen Mauritania’s capacity to assess climate-related risk.…

African Development Bank Group (AfDB)

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    • Communique of the Bureau of the Boards of Governors of the African Development Bank Group on the report of the High-level Panel for the Independent Review of the report of the Ethics Committee of the Boards of Directors of the Bank Group on the whistle blower complaint against the President of the Bank Group - FR
    • Communique of the Bureau of the Boards of Governors of the African Development Bank Group on the report of the High-level Panel for the Independent Review of the report of the Ethics Committee of the Boards of Directors of the Bank Group on the whistle blower complaint against the President of the Bank Group - EN
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Source: African Development Bank Group (AfDB) |

Communique of the Bureau of the Boards of Governors of the African Development Bank Group on the report of the High-level Panel for the Independent Review of the report of the Ethics Committee of the Boards of Directors of the Bank Group on the whistle blower complaint against the President of the Bank Group

The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee

The High-Level Panel comprising of Mrs. Mary Robinson, former President of Ireland (Chair), Justice Hassan B. Jallow, Chief Justice of the Gambia (Member) and Mr. Leonard F. McCarthy, President, LFMcCarthy & Associates (Member) was announced on 1 July 2020. The High-Level Panel was given a period of two to four…

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

African Development Bank approves $53 million multi-country grant for COVID-19 response in Gambia, Liberia and Sierra Leone

The grant from the African Development Fund (ADF) aims to mitigate the impact of COVID-19 in The Gambia, Liberia and Sierra Leone

The African Development Bank’s (www.AfDB.org) Board of Directors on Friday approved a UA 38.15 million ($53.25 million) multi-country grant to The Gambia, Liberia and Sierra Leone in the form of direct budget support to bolster efforts to fight the COVID-19 pandemic in the three West African countries. The grant from…

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

Communique of the Bureau of the Boards of Governors of the African Development Bank Group following its meeting of today 1 July 2020 regarding the Whistle-Blowers’ Complaint against the President of the Bank Group

The Bureau expresses its utmost trust and confidence in the Panel’s ability to successfully carry out this important assignment

a) The Bureau recalls its Communiqué issued on June 4th 2020 informing the general public of its decision to authorize an Independent Review of the Report of the Ethics Committee of the Boards of Directors relative to the allegations made by Whistle blowers against the President of the Bank Group.…

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

African Development Bank COVID-19 response: moving from commitment to action

As of June 12, the Bank’s COVID-19 emergency packages have reached the continent’s five geographic regions

The African Development Bank (https://www.AfDB.org) has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic. The Bank’s operations have continued to run smoothly since the first cases appeared in early March, despite the wide range of lockdowns and measures imposed by governments to flatten the…

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

“You have been in the trenches with us,” Ghana Vice President Mahamudu Bawumia tells African Development Bank

Ghana is looking to the Bank for investment in an integrated aluminium industry, using the country’s large bauxite deposit as raw materials

The African Development Bank’s (www.AfDB.org) support for the west African nation Ghana has boosted its government’s efforts to consolidate the economy, the country’s Vice President, Mahamudu Bawumia said on Monday. Bawumia, welcoming a team of Executive Directors and senior officials of the Bank on an official visit, cited various Bank-supported…