We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • West Africa: African Development Bank's (AfDB) Sustainable Energy Fund Africa to provide $10 million anchor investment in Arm-Harith Investment Fund for Sustainable Infrastructure
  • All (1)
Source: African Development Bank Group (AfDB) |

West Africa: African Development Bank Group's (AfDB) Sustainable Energy Fund Africa to provide $10 million anchor Investment in Arm-Harith Investment Fund for Sustainable Infrastructure

By investing in sustainable infrastructure and energy transition projects and emphasising innovation and first-of-a-kind developments, the Fund is expected to generate significant environmental, economic, and social benefits

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The road corridor project supported by the African Development Fund will contribute to the economic and social integration of southern Madagascar by opening up the region
  • All (1)
Source: African Development Bank Group (AfDB) |

Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade

A significant part of the project involves reconstructing the Manombo bridge and creating two new two-lane bridges spanning 460 meters to enhance road connectivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted on 11 December 2024 in Abidjan, will support the third phase of a major infrastructure project to improve trade…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Financial support from the African Development Bank will help to improve the road network and open up two major regions of the country
  • All (1)
Source: African Development Bank Group (AfDB) |

Eswatini: African Development Bank approves a loan of over $140 million to open up two major regions with road infrastructure project

The new road surfaces will be adapted to climate change, enabling all-weather transportation locally and the wider area

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $140.6 million to Eswatini for the first stage of a programme to improve road links and mobility at national and regional level in both urban and rural areas and create at least 200 jobs.…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • The bridge over the Logone River, built with the support of the African Development Bank Group and other partners, links two peoples and strengthens African integration
    • The flags of Cameroon and Chad fly next to the bridge, which makes ties between the two countries stronger than ever before
  • All (2)
Source: African Development Bank Group (AfDB) |

The bridge over the Logone River: a great leap forward for millions of people in Central Africa

The bridge, which has taken five years to complete, puts an end to the dangers and limitations of old means of transport, opening a new era for cross-border trade

Like thousands of people living along the Logone River, Pierre Fissou, a teaching adviser in the Mayo Danay departmental delegation for basic education in the town of Yagoua (Cameroon), knows the perils of crossing from one side to the other of the natural boundary.   “I often go to the other…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Completion of the road project, supported by the African Development Fund, will boost trade between Senegal and Guinea, as well as with Mali
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Fund releases $81 million dollars for construction of road linking Guinea and Senegal to promote integration and trade

The loan from the concessional window of the African Development Bank Group consists of $41.47 million for Senegal and $39.46 million for Guinea

The Board of Directors of the African Development Fund (www.AfDB.org) approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and Mali in Guinea with Kédougou and Fongolembi in Senegal. The loan from the concessional window of the African Development…

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

Chad: African Development Fund Provides €44 Million for Road Connecting Eastern and Southern Regions

As a landlocked country in Central Africa, Chad is a long distance from the sea, and the new road will help to reduce the very high transport costs along the major regional corridors

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved grants worth €44.16 million to Chad  on 22 November 2024 to construct the roughly 50 km Kyabé-Mayo section of the road between Kyabé and Singako. a distance of 49.5 km, combined with the construction of a 55-metre bridge. The funding…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • The electricity highway between Ethiopia and Kenya represents a technological advance for electricity transmission
    • The project is a model of sustainability, allowing better integration of wind power, Solar and hydroelectricity into regional networks
  • All (2)
Source: African Development Bank Group (AfDB) |

East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank

This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy

The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity, connecting not just power grids but nations and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • On-site production of oxygen is saving the lives of newborn babies at Gitego general hospital
    • Franck Arnaud Ndorukwigira, doctor and deputy director of Gitega regional hospital, leads a tour of the wards
  • All (2)
Source: African Development Bank Group (AfDB) |

Burundi: Electricity from the Rusumo Falls power station, built with support from the African Development Bank, is saving the lives of hospital patients and premature babies

Cheap and reliable hydroelectric supplies mean that the Gitega hospital can spend more money on medical equipment and hospital teams can focus on saving lives

“One day, in the operating theatre, there was a power cut́ in the middle of a laparotomy [opening of the abdomen] for a case of pelvic peritonitis. We had to finish the operation using a torch. It was very hard.” Dr Franck Arnaud Ndorukwigira, doctor and deputy director at Gitega…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • Joseph Ribeiro, the African Development Bank’s Deputy Director General for West Africa (middle), during his visit to the Singrobo-Ahouaty hydroelectric power plant
    • In Yamoussoukro, the Bank delegation visited numerous facilities currently under construction, under the auspices of the Bélier Region Agro-Industrial Cluster Project (2PAI-Bélier)
    • In Toumodi, the 2PAI-Bélier team made a point of immortalising the Bank Group delegation’s visit
  • All (3)
Source: African Development Bank Group (AfDB) |

African Development Bank’s High Impact Projects Transform Côte d'Ivoire’s Energy and Agriculture Sectors

The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018

During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • African Development Bank VP Solomon Quaynor with executives of Dhamana's founding shareholders at a signing ceremony held in Nairobi
    • Attendees at the Nairobi signing ceremony for investments in Dhamana Guarantee Company held on 30 September
  • All (2)
Source: African Development Bank Group (AfDB) |

African Development Bank takes $10 million equity stake in Kenya’s Dhamana following anchor investment from Private Infrastructure Development Group

Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management

The African Development Bank (www.AfDB.org) has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable growth enterprises. This follows an anchor investment from the UK-Government-backed Private Infrastructure Development Group through its subsidiary, InfraCo Africa. Dhamana will also receive equity…