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

African Development Bank Group (AfDB) Unveils Africa-Wide Aviation Financing Platform to Turn Growth into Sustainable Profit

The priority now is execution—aligning policy, capital and infrastructure to ensure aviation becomes a durable driver of inclusive growth and regional integration across the continent

With Africa poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focused on a central challenge: how to translate rising demand into sustainable connectivity, competitiveness, and financial viability. This question anchored deliberations at the two-day Airlines, Capital and Connectivity Forum convened in Nairobi on 25–26 February…

African Development Bank Group (AfDB)

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    • The African Development Bank Group is investing 6.5 million euro stake in the Saviu II fund to support technology start-ups in French-speaking Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves €6.5 million investment in Saviu II fund to support technology start-ups in Francophone West and Central Africa

The fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners

The Board of Directors of the African Development Bank Group (www.AfDB.org) today approved an investment of 6.5 million euros in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa. The Bank Group will invest…

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

African Development Bank Group awards $16.6 million grant to International Institute of Tropical Agriculture (IITA) to scale agricultural technologies in Africa

The agreement, signed on 18 February 2026 in Abuja, bolsters a shared commitment to modernise African agriculture by scaling proven technologies, strengthening seed systems, and expanding partnerships

The African Development Bank Group (AfDB) (www.AfDB.org) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million grant agreement to launch the third phase of the Technologies for African Agricultural Transformation Program (TAAT-III), aimed at scaling climate-resilient food production across the continent. The agreement, signed on 18…

African Development Bank Group (AfDB)

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    • Participants at the launch in Rabat included (from left to right): El Baijouni Ihssane and Belahsen Sara of the Crédit Agricole du Maroc Group (GCAM), Mouaffak Amine of the African Development Bank, Nyambe Monde of the Multilateral Cooperation Center for Development Financing (MCDF), Chehhar Mustapha and Taimouri Lamya of the GCAM, and Rais Wadii of the African Development Bank
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Source: African Development Bank Group (AfDB) |

Green finance: African Development Bank accords $1 million grant to strengthen actions of Crédit Agricole du Maroc Group in climate transition

The programme advances Morocco's compliance with Nationally Determined Contribution (NDC) and strengthens the alignment of national financial flows with the country’s climate priorities

The African Development Bank Group (www.AfDB.org), through the African Green Banks Initiative (https://apo-opa.co/3M7ebo6) and the Multilateral Cooperation Center for Development Finance (https://apo-opa.co/4qgESVs), launched on 28 January a $1 million technical assistance program for Crédit Agricole du Maroc Group (GCAM). The financing will support strengthening GCAM’s institutional, operational and financial capacities to…

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

Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa

The High-Level Consultation Meeting culminated in the adoption of a Joint Declaration on a Strategic Partnership between the ACG and the AfDB

High-Level Consultation Meeting brings together Heads of the Arab Coordination Group and the African Development Bank Group in Abidjan. Joint declaration adopted to strengthen partnership for Africa’s economic transformation. The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB) (www.AfDB.org) launched a new phase of their partnership aimed at…

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…