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

African Development Bank Group and Nedbank Group sign multi-billion-rand funding partnership to transform housing access and boost African trade

Multi-billion-rand social bond subscription and the trade finance facility agreements target affordable housing for women and first-time buyers while unlocking continental trade financing for Africa

The African Development Bank Group (www.AfDB.org) and Nedbank Group have signed a landmark deal to boost access to affordable housing in South Africa and strengthen trade across the continent. The financing package comprises two components: a ZAR 2.5 billion social bond investment in Nedbank Group Limited and a $60 million…

African Development Bank Group (AfDB)

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    • The partner countries of the African Development Fund announced today a record contribution of US$11 billion for the next three years
    • The President of the African Development Bank Group, Sidi Ould Tah, who was leading his first African Development Fund negotiations, secured exceptional support to replenish the Fund's resources and advance its development program based on the Four Pillars
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Source: African Development Bank Group (AfDB) |

African Development Fund mobilises a historic $11 billion, marking a new era of African ownership and investment-led development

For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window

The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group (www.AfDB.org), has secured a record $11 billion from 43 Partners for its 17th Replenishment (ADF-17), the largest in the Fund’s history, despite severe global fiscal constraints and declining aid budgets. The outcome represents a 23%…

African Development Bank Group (AfDB)

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    • As the concessional window of the @AfDB_Group, the African Development Fund has provided more than US$45 billion in grants and low-interest loans to 37 low-income countries in Africa since 1972
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Source: African Development Bank Group (AfDB) |

High hopes for African Development Fund 17th replenishment meeting to mobilise investment for Africa’s development needs

Over the last five decades it has been instrumental in improving the lives of tens of millions across the 37 low-income countries it serves, amid mounting climate, economic and security pressures

The governments of the United Kingdom and Ghana are hosting the pledging meeting for the 17th replenishment of the African Development Fund (ADF-17) (www.ADF.AfDB.org) in London from 15-16 December, convening donor countries to back Africa’s next chapter of growth. The Fund, established in 1972 as the concessional arm of the…

African Development Bank Group (AfDB)

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    • AfDB's Country Manager for São Tomé and Principe Pietro Toigo (left) and Gareth Haddad Guadalupe, Minister of Economy and Finance, at the signing of a new $18 million grant financing
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Source: African Development Bank Group (AfDB) |

African Development Bank and São Tomé and Príncipe sign three new grant financing agreements

Signed on Thursday at the São Tomé and Príncipe Investment Forum in Brussels, the three agreements will support energy, climate-smart agriculture, and integrated water-energy-food security

The African Development Bank Group (www.AfDB.org) and the Government of São Tomé and Príncipe have deepened their development partnership with $18 million in new grant financing. Signed on Thursday at the São Tomé and Príncipe Investment Forum in Brussels, the three agreements will support energy, climate-smart agriculture, and integrated water-energy-food…

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

African Development Bank Group welcomes Canadian Africa Envoy for discussions to reshape cooperation

The Senior Vice-President highlighted opportunities for strengthening partnership through business opportunity seminars that are held twice a year

The Senior Vice-President of the African Development Bank Group (www.AfDB.org) Marie-Laure Akin-Olugbade welcomed Canada's Special Envoy for Africa, Ambassador Ben Marc Diendéré, to the institution's headquarters. The cordial meeting was marked by frank discussions, putting the relationship between Canada and the Bank on a new footing. "Canada is a partner and…

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

African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project

The project is poised to leverage the country’s world-class solar and wind energy resources

The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green…

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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    • AfDB Director Ousmane Fall flanked by CDP Director of International Development Cooperation Paulo Lombardo (left) and deputy CEO of CDG Invest Ali Lamrini at the Africa Investment Forum Market Days 2025
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: Major Boost for African Private Sector as Caisse de Dépôt et de Gestion (CDG) Invest Joins Growth and Resilience Platform for Africa (GRAf) Platform

Agreement signed by CDP, AfDB and CDG Invest aims to foster joint investments, promote international cooperation, and channel capital toward key sectors of the African economy under the Mattei Plan

Cassa Depositi e Prestiti (CDP), the African Development Bank (www.AfDB.org) , and CDG Invest, part of the Caisse de Dépôt et de Gestion (CDG) Group, have signed a landmark agreement formalising CDG Invest's entry into the Growth and Resilience Platform for Africa (GRAf). The agreement was announced in Rabat during the…

African Development Bank Group (AfDB)

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    • Photo (L-R): Dr Obaid Saif Hamad Al-Zaabi; Dr Nasser Al-Kahtani; Zineb Sqalli (moderator); Ahmadu Hott; Jacques Kanga; and Ouns Lemseffer
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Source: African Development Bank Group (AfDB) |

Time Is Running Out to Close Continent’s Massive Infrastructure and Climate-Finance Gap – 2025 Africa Investment Forum Panel Warns

The high-level panel, titled "Innovative Finance Instruments Powering Africa’s Sustainable Transformation,” served as a clear call to action for adopting new approaches beyond conventional funding models

Senior policymakers, investors, and development finance leaders converged at the 2025 Africa Investment Forum Market Days on Thursday to tackle one of the continent's most pressing challenges: unlocking the capital required to meet surging infrastructure and climate demands. The high-level panel, titled "Innovative Finance Instruments Powering Africa’s Sustainable Transformation,” served…

African Development Bank Group (AfDB)

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    • AfDB Division Manager Nana Spio-Garbrah (right) and Societe Generale (SG) Senior Advisor Pascale Olivié signed an agreement for SG to serve as lead advisor on the AfDB's Synthetic Securitization Platform
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum: African Development Bank appoints Societe Generale as Lead Advisor for innovative Synthetic Securitization Platform

The two entities signed a contract on November 26 during the Africa Investment Forum Market Days 2025 in Rabat (Morocco)

The African Development Bank Group (www.AfDB.org) has appointed Societe Generale as Lead Advisor for the structuring and execution of its Multi-Originator Synthetic Securitization Platform (SST Platform). The two entities signed a contract on November 26 during the Africa Investment Forum Market Days 2025 in Rabat (Morocco). Joining three other transactions…