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African Development Bank Group (AfDB)

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    • Kevin Kariuki, Vice President of the African Development Bank Group for Power, Energy, Climate and Green Growth, leads the institution's delegation to the COP30 negotiations
    • Officials from multilateral development banks at the CIF-organised panel discussion
    • Brazilian President Luiz Inácio Lula da Silva delivers his opening address at COP30 in Belém, calling for more climate investment to avert
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Source: African Development Bank Group (AfDB) |

30th United Nations Climate Conference (COP 30): Multilateral development banks reaffirm their commitment to climate finance, pledge innovative funding for adaptation

The panel followed the official opening of COP30, marked by a passionate appeal from Brazilian President Luiz Inácio Lula da Silva for greater climate investment to prevent a "tragedy for humanity"

Multilateral development banks on Monday reaffirmed their commitment to climate finance, pledging to scale up innovative funding to boost climate adaptation and resilience. "Financing climate resilience is not a cost, but an investment." This was the key message from senior MDB officials at the end of a side event organised…

African Development Bank Group (AfDB)

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    • Luxembourg and African Development Bank deepen partnership to advance Africa’s sustainable growth
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Source: African Development Bank Group (AfDB) |

Luxembourg and African Development Bank deepen partnership to advance Africa’s sustainable growth

Luxembourg’s collaboration with the Bank extends beyond concessional financing

African Development Bank Group (https://www.AfDB.org) President Dr Sidi Ould Tah and Luxembourg’s Finance Minister, Gilles Roth, have pledged to deepen cooperation as preparations advance for the seventeenth replenishment of the African Development Fund (ADF-17), the Bank Group’s concessional financing window. The two leaders met on the sidelines of the 2025…

African Development Bank Group (AfDB)

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    • For more than a decade, the African Development Bank Group's financial instruments have been responding to the needs of an African population exposed to climate risks, even though the continent is only a minor contributor to global warming
    • A lush 50-hectare forest in the Democratic Republic of Congo as part of the Integrated REDD+ Project in the Mbuji-Mayi, Kananga and Kissangai Basins (PIREDD-MBKIS), financed by the African Development Bank through the Forest Investment Program (FIP)
    • Funding from the African Development Fund's Climate Action Window will help build climate resilience in Sierra Leone, South Sudan, Djibouti and Madagascar
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Source: African Development Bank Group (AfDB) |

On the road to 30th United Nations Climate Change Conference (COP30): the African Development Bank Group is piloting several financial instruments to support African countries in tackling climate change

The main priorities for this COP are to accelerate the energy transition, ensure a just transition for the most vulnerable nations, and, above all, mobilise large-scale climate finance for developing economies

Eight of the 10 countries most affected by climate change are in Africa: droughts, cyclones and floods are compromising agricultural production, exposing populations to food insecurity and climate-induced migration and putting pressure on key sectors critical to the continent’s development, resulting in a significant displacement of public expenditure. Despite a…

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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    • Site geotechnical studies and piling works underway at Nyanza Light Metals in South Africa
    • Architectural rendering of the proposed Nyanza Light Metals titanium dioxide plant in South Africa
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Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves $75 million in Nyanza Light Metals to drive large-scale titanium processing

The financing will support the development, construction, and operation of an 80,000-tonnes-per-year titanium dioxide pigment manufacturing plant and supporting infrastructure within the Richards Bay Industrial Development Zone

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $75 million in financing to support South Africa-based Nyanza Light Metals Pty Ltd (Nyanza) to boost industrialization in Africa through local value addition to the continent’s abundant titanium mineral resources. Titanium dioxide is a crucial pigment used…

African Development Bank Group (AfDB)

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    • Dr. Sidi Ould Tah, President of the African Development Bank Group, participates in the World Bank Group's High-Level Advisory Council on Jobs meeting during the 2025 World Bank–IMF Annual Meetings in Washington, D.C.
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Source: African Development Bank Group (AfDB) |

African Development Bank chief joins global push to turn youth into economic powerhouse

This year’s Jobs Council focused on tourism and skilling -- two sectors where Africa holds vast untapped potential

African Development Bank Group (www.AfDB.org) President Dr Sidi Ould Tah on Monday joined global leaders on the World Bank Group’s High-Level Advisory Council on Jobs, championing Africa’s demographic dividend and the drive for youth employment.  Invited by World Bank Group President Ajay Banga, Dr Ould Tah participated in the Council’s…

African Development Bank Group (AfDB)

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    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (1)
    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (2)
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Source: African Development Bank Group (AfDB) |

African Development Fund Launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results

ADF investments helped 2.9 million people gain access to clean water services, connected 500,761 people to electricity (including 251,766 women), and improved health services for 1.2 million people

The African Development Bank Group (www.AfDB.org) today released its African Development Fund (ADF-16) Delivery and Results Report for 2025, demonstrating the Fund's significant impact in supporting sustainable development across Africa's low-income countries. Download Report:  https://apo-opa.co/3W0IhLn  https://apo-opa.co/42BmAoV In a global context marked by economic turbulence, mounting debt, and security challenges, Africa…

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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    • The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials
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Source: African Development Bank Group (AfDB) |

Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables

Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant. The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables. The facility, scheduled…

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

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

Together we will consolidate our strengths for mobilizing private sector resources and unleashing investments at scale for Africa’s development – Dr Sidi Ould Tah

The African Development Bank Group (www.AfDB.org) and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.…