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)
    • Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide
  • All (1)
Source: African Development Bank Group (AfDB) |

Multilateral development banks hit record $137 billion in climate finance, driving sustainable development worldwide

MDBs mobilized $134 billion in private finance for climate action in 2024, a 33% increase from the year earlier, according to 2024 Joint Report on Multilateral Development Banks' Climate Finance

New report shows climate finance by multilateral development banks rose 10% in 2024 compared with previous year. MDBs’ climate finance for low- and middle-income economies increased 14% to more than $85 billion. Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance last year—a 10% increase that underscores…

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

CORRECTION - Ninth Tokyo International Conference on African Development (TICAD9): Japan International Cooperation Agency and African Development Bank sign agreement to extend Enhanced Private Sector Assistance initiative for $5.5 billion

The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms

The Japan International Cooperation Agency (JICA) and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and…

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

Ninth Tokyo International Conference on African Development (TICAD9): Japan and African Development Bank sign agreement to extend Enhanced Private Sector Assistance for $5.5 billion sixth phase

The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms

The government of Japan and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and JICA will…

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

Tokyo International Conference on African Development (TICAD9): African Development Bank to focus on partnerships and investment at 9th Tokyo International Conference on African Development

The African Development Bank stands as a key driver of this transformation for the continent, leveraging its leadership to mobilise international support, particularly from Japan

The African Development Bank (www.AfDB.org) will participate in the 9th Tokyo International Conference on African Development (TICAD9) (https://apo-opa.co/4fLythd) taking place in Yokohama, Japan from 20-22 August. This year’s conference takes place at a critical time as Africa seeks to close investment gaps and build resilience to global economic and climate shocks.…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • 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
  • All (2)
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…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • African Development Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure - Project Development Fund

The Alliance for Green Infrastructure in Africa - Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50

Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative The Fund, managed by Africa50, seeks to raise $400 million of blended, early-stage development capital to deliver a pipeline of investment-ready green infrastructure projects in Africa The African Development Bank Group (www.AfDB.org) has announced $40 million…

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

Opening Speech Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors African Development Bank Group and Chairman, Africa50 2025 General Shareholders Meeting

Mozambique is a strong shareholder of the African Development Bank Group, which started operations in the country in 1977

Your Excellency, Daniel Chapo, President of the Federal Republic of Mozambique. Honorable Carla Louveira, Minister of Economy and Finance of Mozambique. Honorable Ministers and senior government officials. The Secretary General of the African Continental Free Trade Area Secretariat, Wamkele Mene. Excellencies, Ambassadors and heads of diplomatic missions. Heads of international…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • Participants at the Africa50 General Shareholders Meeting in Maputo
    • African Development Bank President Akinwumi Adesina discusses Africa50's transformation over the past eight years
    • From left to right: Alain Ebobissé, CEO of Africa50; Carla Alexandre Loveira, Mozambique's Minister of Finance; Daniel Francisco Chapo, President of Mozambique; and Akinwumi Adesina, President of AfDB and Africa50 Chair, at Africa50's General Shareholders Meeting in Maputo
  • All (3)
Source: African Development Bank Group (AfDB) |

Africa50 Sets New Benchmark in Infrastructure Financing, Surpasses $1.4B in Managed Assets

Africa50 also sealed two significant pan-African deals, including the first close of the Alliance for Green Infrastructure in Africa (AGIA), an initiative envisioned by Dr. Akinwumi Adesina

Eight-Year Journey from Single Employee to 100-Strong Team Managing $8 Billion Portfolio Value Demonstrates Africa's Infrastructure Investment Potential. Africa50 symbolises the new Africa; an Africa that depends on itself, promotes cooperation between Africans, and builds shared prosperity, says President of Mozambique Africa50 (www.Africa50.com), the investment platform established by African governments…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Group photo from the AfAC Taxonomy Workshop, bringing together experts to advance a unified green finance framework for Africa
  • All (1)
Source: African Development Bank Group (AfDB) |

Africa’s Financial Industry Validates the Continental Sustainable Finance Taxonomy

The Taxonomy provides standardized definitions of activities that contribute to sustainable development, enabling financial institutions to direct capital toward climate-smart and socially responsible investments

Africa’s financial sector has taken a major step toward aligning with global climate and sustainability goals with the validation of a continent-wide Sustainable Finance Taxonomy.  The groundbreaking framework, the first of its kind for Africa, was endorsed by regulators, commercial banks, insurance firms, and development finance institutions in Nairobi on…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • From left to right: Émile Gros Raymond Nakombo, president of the Special Delegation of the City of Bangui; Mamady Souaré, head of the African Development Bank Group’s Country Office in the Central African Republic; Arthur Bertrand Piri, Minister of Energy and Water Resource Development; Guène Ousseynou, Head of the Water Security and Sanitation Division for the North, West and Central regions for the Bank Group; and Eric Sorongopé, governor of the Bas-Oubangui region
  • All (1)
Source: African Development Bank Group (AfDB) |

The Central African Republic and the African Development Bank Group launch an ambitious programme to develop water resources in the Ubangui River basin

The programme covers the provinces of Nord-Ubangi, Sud-Ubangi and Mongala in the DRC, as well as Greater Bangui in the Central African Republic

The government of the Central African Republic and the African Development Bank Group (www.AfDB.org) launched the Regional Support Programme for the Development of Cross-Border Water Infrastructure and Resources between the Central African Republic and the Democratic Republic of Congo (PREDIRE) (http://apo-opa.co/41DG9w2) in Bangui on Tuesday 5 August 2025. Bertrand Arthur…