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African Development Bank Group (AfDB)

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    • Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park
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Source: African Development Bank Group (AfDB) |

Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park

The Project to Strengthen Connectivity at the Ngandajika Agro-Industrial Park is a strategic investment aimed at integrating the park more effectively into the main economic corridors of central DRC

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $159.50 million loan to the Democratic Republic of Congo (DRC) to improve connectivity to the Ngandajika Agro-Industrial Park and help open up the country’s central region. The total project cost is $177.16 million, with co-financing from…

African Development Bank Group (AfDB)

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    • The additional financing from the African Development Fund will enable Liberia to complete construction of the run-of-river hydropower plant and related infrastructure
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Source: African Development Bank Group (AfDB) |

Liberia: African Development Fund invests over $7 million to complete run-of-river hydropower plant and related infrastructure project

The plant will be connected to an 8-km 33-kilovolt evacuation line and two transformer substations, and also to a cross-border transmission line

The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia. The African Development Fund is the concessional lending window of the African Development Bank Group (https://www.AfDB.org). The…

African Development Bank Group (AfDB)

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    • African Development Bank welcomes major Algerian development initiatives as two forge an even stronger partnership (1)
    • African Development Bank welcomes major Algerian development initiatives as two forge an even stronger partnership (2)
    • African Development Bank welcomes major Algerian development initiatives as two forge an even stronger partnership (3)
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Source: African Development Bank Group (AfDB) |

African Development Bank welcomes major Algerian development initiatives as two forge an even stronger partnership

During his official visit to Algeria on 16-17 November, Dr Sidi Ould Tah, President of the African Development Bank, expressed his deep gratitude to Algerian President Abdelmadjid Tebboune for this significant decision

The African Development Bank (AfDB) (www.AfDB.org) has officially been earmarked as Algeria’s international partner in the country’s renewed efforts to engage with external financing, marking a key milestone in the ongoing partnership between Algeria and the Bank Group. During his official visit to Algeria on 16-17 November, Dr Sidi Ould…

African Development Bank Group (AfDB)

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    • The African Development Bank is granting a $100 million loan to a debt fund dedicated to building critical infrastructure in sub-Saharan Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group grants $100 million loan to Emerging Africa and Asia Infrastructure Fund (EAAIF) to support development of sustainable infrastructure

The Bank’s loan will enable the Fund to continue mobilising private capital for impactful projects that expand access to essential services and drive sustainable economic transformation across Africa

The African Development Bank Group (www.AfDB.org) is boosting sustainable infrastructure development across Africa through a new $100 million loan to the Emerging Africa and Asia Infrastructure Fund (EAAIF). The financing, approved by the Board of Directors, will help the Fund attract private investment and support projects in renewable energy, digital…

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

New Partnership for Africa's Development-Infrastructure Project Preparation Facility (NEPAD-IPPF) marks 20 years of impact at 40th Oversight Committee Meeting

The meeting, held online on 27th October 2025, brought together donor representatives, partner institutions, Regional Economic Communities and implementing agencies

The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor special fund hosted by the African Development Bank (https://AfDB.org/), has successfully held its 40th Oversight Committee  Meeting  to take stock of progress and chart a renewed course for Africa’s regional infrastructure transformation. The meeting, held online on 27th October 2025, brought together…

African Development Bank Group (AfDB)

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    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (1)
    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (2)
    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (3)
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Source: African Development Bank Group (AfDB) |

Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million

The project aims to modernise port infrastructure that is essential to the economic development of the islands of the Union of the Comoros, facilitate trade and strengthen regional connectivity

The President of the Union of the Comoros, Azali Assoumani, presided over the official launch ceremony for the Maritime Corridor and Regional Trade Facilitation Project (https://apo-opa.co/4hA9Zsl), financed by the African Development Bank Group (www.AfDB.org) to the tune of $137 million. Senior Bank officials attended the ceremony, which took place on 27…

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

Africa Resilience Forum 2025: Development leaders call for high-quality border infrastructure to facilitate free movement of goods and people

In January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA) to increase intra-African trade and stimulate inclusive and sustainable development in industry, infrastructure, and agriculture

The political will to build quality infrastructure at borders, including the construction of a single digitised checkpoint between two neighbouring countries, should facilitate the free movement of people and goods and help streamline cross-border trade in Africa, participants in the sixth edition of the Africa Resilience Forum (http://apo-opa.co/4mPrYfq), heard on…

African Development Bank Group (AfDB)

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    • l-r AfDB Vice President for Private Sector, Infrastructure & Industrialization, Solomon Quaynor and Mr. Shoji Yamada, Representative Director and President, JGC Corporation sign agreement in Yokohama. August 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank and JGC Corporation sign agreement to advance use of sustainable aviation fuel and Africa’s green aviation agenda

The production and adoption of SAF in Africa is consistent with the Bank’s sustainable transport and mobility and energy transition strategy

 The African Development Bank (www.AfDB.org) and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore cooperation in the development of sustainable aviation fuel (SAF)in Africa. The two parties signed a Letter of Intent to this effect on the sidelines of the Ninth Tokyo International Conference on…

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    • (l-r) Mr. Ryuhei YOSHIKAWA, Director, Eco Infrastructure, Chemical Business, Kao Corporation; Solomon Quaynor, VP for Private Sector, Infrastructure & Industrialization, AfDB; Mr. Yoichi MIYAMOTO, President of Japan-Africa Infrastructure Development Association (JAIDA) and Senior Advisor of Shimizu Corporation; Mr. Kazuya OSAKO, Managing Officer and Director, International Civil Engineering Division, Shimizu Corporation; Mr. Tadashi OBAYASHI, General Manager, General Planning Department, THE NIPPON ROAD CO., LTD.; Mr. Marco Yamaguchi, Manager, Transport and Logistics Division, AfDB
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank signs agreement with Shimizu Corporation, Kao Corporation and Nippon Road Co Ltd to advance climate-resilient road maintenance solutions for Africa

The LoI will formalize a framework for mutual cooperation, information and knowledge sharing, as well as the exploration of co-financing opportunities for sustainable infrastructure solutions across Africa

The African Development Bank (www.AfDB.org) has signed a Letter of Intent (LoI)with the Shimizu Corporation, Kao Corporation and The Nippon Road Co Ltd to advance cooperation in the deployment of innovative, climate-resilient road maintenance solutions in Africa. The agreement was signed by Solomon Quaynor, African Development Bank Vice President for…

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    • Mozambique's President, Daniel Chapo (left), and the President of the African Development Bank, Dr Akinwumi Adesina, at the 2025 Africa50 General Shareholder Meeting in Maputo
    • African Development Bank President Dr Akinwumi Adesina at a Fireside Chat with Adesina: 10 Years of Legacy, moderated by Nozipho Mbanjwa-Tshabalala, CEO of The Conversation Strategists
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Source: African Development Bank Group (AfDB) |

Mozambique President Extols Adesina's Transformative Decade at African Development Bank

“Your legacy is not just institutional but impacting the lives of Africans,” President Chapo said in tribute to Adesina’s legacy during Africa50 General Shareholders Meeting

Mozambique’s President Daniel Chapo has lauded Dr. Akinwumi Adesina for a decade of “transforming ambition into outcomes” as President of the African Development Bank Group (www.AfDB.org), crediting his leadership with improving millions of lives across the continent. Opening Africa50 General Shareholders Meeting in Maputo on Wednesday, President Chapo thanked Adesina…