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African Development Bank Group (AfDB)

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    • African Development Bank project restores electricity in Zimbabwean communities following devastating Cyclone Idai
    • One of the many electrical facilities installed as part of Cyclone Idai recovery infrastructure following
    • Thanks to improved electricity access, Jacob's income from his workshop has increased, allowing him to build a larger home for his family (1)
    • Thanks to improved electricity access, Jacob's income from his workshop has increased, allowing him to build a larger home for his family (2)
    • An apprentice learns welding and metalwork at a community entrepreneurship center powered by electricity from the AfDB-funded Post-Cyclone Idai Emergency Recovery Project
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Source: African Development Bank Group (AfDB) |

African Development Bank project restores electricity in Zimbabwean communities following devastating Cyclone Idai

The AfDB-funded Post-Cyclone Idai Emergency Recovery Project restored electricity access, revitalizing businesses across communities in Zimbabwe

In March 2019, Cyclone Idai tore through Zimbabwe's eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity, roads, and water systems—were severed in a matter of hours. The 155-kilometer powerline stretching from Middle…

African Development Bank Group (AfDB)

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    • African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity
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Source: African Development Bank Group (AfDB) |

African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity

The project advances Cabo Verde’s goal of generating 50% of its electricity from renewables by 2030 as well as its Nationally Determined Contribution under the Paris Agreement

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €19.6 million financing package to support the Cabeólica Phase II Expansion Project in Cabo Verde. The project is the country’s first renewable energy initiative to integrate wind power generation and battery energy storage systems (BESS) at…

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

African Development Bank Concludes Strategic High-Level Mission to Ghana, Identifies Five Key Areas for Transformational Partnership

Bank commits to supporting Ghana's 24-hour Economy initiative, infrastructure, Public-Private Partnership development, and domestic capital mobilization under President Mahama's administration

Representatives of the African Development Bank Group (www.AfDB.org) have concluded a week-long high-level mission to Ghana, marking the institution's first major engagement with the country's new administration under President John Dramani Mahama. The delegation, led by Solomon Quaynor, the Bank Group’s Vice President for Private Sector, Infrastructure, and Industrialization, conducted…

African Development Bank Group (AfDB)

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    • Left to right: Finance Minister Situmbeko Musokotwane, AfDB Vice President Nnenna Nwabufo, and Country Manager for Zambia Olaniyi Durowoju, during the foundation stone-laying ceremony for the Bank's new office building construction in Lusaka
    • The Kazungula Bridge Project, supported by the AfDB, is strengthening connectivity between Zambia and Botswana along the North-South Corridor. Photo credit/AFP
    • Workers laying heavy pipes at the Lusaka Sanitation Project—one of the many projects supported by AfDB in Zambia
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Source: African Development Bank Group (AfDB) |

African Development Bank cuts sod for construction of permanent Country Office, cementing over five-decades of partnership with Zambia

The new office design incorporates cutting-edge sustainability features and wellness-focused design

Permanent office strengthens Bank’s partnership with Zambia. African Development Bank has financed and facilitated major projects at country and continent level to support regional integration - Finance Minister Musokotwane  The African Development Bank Group (www.AfDB.org) commenced construction of its permanent country office in Lusaka on Friday, marking a transformative milestone…

African Development Bank Group (AfDB)

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    • The Mayi Nunene health centre was built as part of the project to strengthen socioeconomic infrastructure in central DRC
    • View of the RN1 section at Batshamba
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Source: African Development Bank Group (AfDB) |

In the Democratic Republic of Congo (DRC), the African Development Bank is accelerating the transformation of infrastructure and access to basic social services

This initiative will benefit over 19 million people by facilitating access to markets, improving the availability of agricultural products and food security, and supporting mobility and economic activities

Roads in Kenge, Kikwit, Tshikapa, Kamuensha, and Mbuji-Mayi have been completely rehabilitated, new stretches of road built, and urban roads modernized. Numerous examples of socioeconomic infrastructure have also benefited from the financial support of the African Development Bank Group (www.AfDB.org), helping to transform the daily lives of hundreds of thousands…

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

African Development Bank funds second Tech Park in Mindelo

The campus currently hosts ten companies from four countries and employs 125 young professionals, with 80% of its 25 office spaces occupied

Cabo Verde has inaugurated the Mindelo Technology Park, completing the second campus of the TechPark CV project funded by the African Development Bank (www.AfDB.org). The facility aims to establish the country as a digital hub connecting Africa with global markets.  The ceremony took place on May 6 with representatives from…

African Development Bank Group (AfDB)

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    • At the World Bank/IMF Spring Meetings, African leaders discussed implementing recommendations from an AfDB report, Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa
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Source: African Development Bank Group (AfDB) |

Ahead of Conference of the Parties (COP30), Africa champions new approach to measuring green wealth of countries and incentivizing climate action

Leaders emphasized that a proper valuation of Africa's natural resources would transform the continent's financial landscape by unlocking access to global financial flows, improving national risk profiles, and creating new capacity for investments in green economies and climate-resilient infrastructure

 Proper valuation of natural capital and the ecosystem services it provides, such as carbon sequestration, is a win-win strategy for growing economies— Urama, African Development Bank (www.AfDB.org) We need to make bold decisions and act swiftly to accelerate the measurement of Africa’s green wealth— Suda-Mafudze, African Union Commission. African leaders…

African Development Bank Group (AfDB)

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    • Ethiopian Airlines Group CFO Mensfin Tasew (left) and AfDB Vice President Nnenna Nwabufo display copies of the signed letter of intent. Standing behind them are Ethiopia’s Finance Minister Ahmed Shide (left) and Bank Group President Dr. Akinwumi Adesina (in bow tie)
    • AfDB Group President Adesina examines an Ethiopian Airlines model aircraft presented by Finance Minister Shide, with Bank Vice President Nwabufo in attendance
    • Ethiopian and AfDB executives in solidarity for the new $7.8 billion Abusera International Airport project
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Source: African Development Bank Group (AfDB) |

Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport

The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon

The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate…

African Development Bank Group (AfDB)

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    • A teacher at the Sekete Primary School using one of the taps installed through the AfDB-Funded Lesotho Rural Water Supply and Sanitation Project’s water and sanitation initiative
    • The Lesotho Rural Water Supply and Sanitation Project is connected to the Metolong Dam Water Supply Programme, a collaborative initiative between the government and partners
    • A massive water reservoir constructed as part of the Lesotho Rural Water Supply and Sanitation Project
    • Community nurse Mots'elisi Makhele stands by the tap that previously served around 2,000 people and indicates the houses now connected to modern facilities constructed through the Lesotho Rural Water Supply and Sanitation Project
    • A stream that Kesete Village residents relied on for water before modern facilities were constructed through the AfDB-Funded Lesotho Rural Water Supply and Sanitation Project
    • Deteriorated sanitation facilities at Hamaja Primary School prior to the intervention
    • New sanitation facilities at Hamaja Primary School built under the Lesotho Rural Water Supply and Sanitation Project. The project delivered more than 266 sanitation facilities for vulnerable households and installed 284 toilets in schools and healthcare facilities
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Source: African Development Bank Group (AfDB) |

The Gift of Water: How the Lesotho Rural Water Supply and Sanitation Project is Transforming Lives

The African Development Bank project transformed the community by providing individual household taps and proper sanitation facilities

"Water is life; when there is no water, it is as if there are no people living." These profound words from 'Masechefo Sechefo, a Community Councilor at Ha Sekete village, capture the essence of existence in rural Lesotho before the African Development Bank's transformative intervention. In a country where water…

African Development Bank Group (AfDB)

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    • 3D image of the future Data Center
    • Group photo following the meeting with the Prime Minister. Left to right: Olivier Beguy, African Development Bank resident country economist; Solomane Koné, the Bank Group’s acting Director General; Anatole Collinet Makosso, Prime Minister; and Célestine Mengue, agricultural projects officer at the African Development Bank
    • A handshake between the Prime Minister of the Republic of the Congo, Anatole Collinet Makosso, and the Bank’s acting Director General, Solomane Koné
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Source: African Development Bank Group (AfDB) |

Congo and the African Development Bank celebrate the strengthening of their strategic partnership for inclusive and sustainable development

The Bank Group’s mission to Congo explored new funding opportunities for key sectors, including energy, digital infrastructure, and roads

Talks held by the African Development Bank Group (www.AfDB.org) in the Republic of Congo from 24 - 28 February 2025 marked a significant step forward in strengthening the strategic partnership between the Bank and the Central African country. Led by Solomane Koné, Acting Director General for Central Africa, the discussions…