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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)

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    • 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
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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)

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    • Group photo from the AfAC Taxonomy Workshop, bringing together experts to advance a unified green finance framework for Africa
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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)

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    • 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
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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…

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

Briefing Highlights: How the African Development Fund is Financing Africa’s Future in a Shifting Global Landscape

The media-focused event convened development partners, journalists, and policymakers for an in-depth conversation on the Fund’s role in financing economic transformation

The African Development Fund, the African Development Bank Group’s (www.AfDB.org) concessional financing arm, was the focus of a special edition of the African Transformation Briefing co-hosted by the African Center for Economic Transformation (ACET) and the Global Strategic Communications Council. Moderated by ACET Communications Manager Belinda Ayamgha, the session was…

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

African Development Bank commits to Zambia’s Private Sector Growth at Investment Conference

The event featured presentations from sectoral and financial experts across key Bank departments, providing participants with actionable insights into the Bank’s extensive capabilities

The African Development Bank (https://www.AfDB.org/) reaffirmed its strong support for Zambia’s private sector-led transformation by hosting a strategic side event during the inaugural Invest in Zambia International Conference (IZIC). The high-profile session, themed “Catalyzing Private Sector Growth: Unlocking AfDB’s Financing Toolkit in Zambia,” successfully engaged private companies, financial institutions, development…

African Development Bank Group (AfDB)

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

CORRECTION: Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…

African Development Bank Group (AfDB)

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    • Afdb President Akinwumi Adesina steps onstage to deliver the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina delivering the keynote speech at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • Afdb President Akinwumi Adesina and his wife, Mrs Grace Yemisi Adesina, with Sunil Kaushal (2nd from left) and Roberto Hoornweg (right), Standard Chartered’s Co-Heads of Corporate & Investment Banking, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
    • L-R: Mrs Grace Yemisi Adesina; Roberto Hoornweg, Standard Chartered’s Co-Head of Corporate & Investment Banking; Dr. Jumoke Oduwole, Nigeria’s Minister of Trade and Investment; Sunil Kaushal, Standard Chartered’s Co-Head of Corporate & Investment Banking, and other attendees, at the Standard Chartered Africa Summit in Lagos, Nigeria, July 31, 2025
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Source: African Development Bank Group (AfDB) |

Adesina reaffirms commitment to Africa’s development as his presidency of the African Development Bank nears end

Adesina urged global financial institutions to partner more strategically with the African Development Bank and other multilateral development banks, to scale up capital flows to Africa

Dr Akinwumi Adesina says his passion to mobilize global capital for Africa’s development will continue way beyond his presidency of the African Development Bank (www.AfDB.org), which ends on 1st September 2025. In a keynote speech titled “Tilting Global Capital for Unlocking Investment Opportunities in Africa”, delivered at the Standard Chartered…

African Development Bank Group (AfDB)

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    • President of the African Development Bank Group, Dr Akinwumi Adesina; Governor of Oyo State, Seyi Makinde; and Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari, at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina, delivering his speech at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina; Governor of Oyo State, Seyi Makinde (3rd from left); Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari (2nd from left); Mrs Grace Adesina; Senior Special Adviser to Dr Adesina on Industrialisation, Prof Oyebanji Oyelaran-Oyeyinka (2nd from right); and AfDB Director General for Nigeria, Dr. Abdul Kamara, at the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • President of the African Development Bank Group, Dr Akinwumi Adesina and the Governor of Oyo State, Seyi Makinde, ahead of the groundbreaking ceremony of the Special Agro-Industrial Processing Zone (SAPZ) in Ijaiye, Oyo State, Nigeria, 02 August 2025
    • Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State
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Source: African Development Bank Group (AfDB) |

Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State

The Oyo site is the third to be developed under the national SAPZ program, and the first in southwest Nigeria

Oyo SAPZ will host up to 40 agro-processing industries, create over 100,000 direct and indirect jobs, and benefit half a million farmers. A great honour to do this on my last official visit to Nigeria as President of the African Development Bank Group (www.AfDB.org) – Adesina Nigeria has launched a…

African Development Bank Group (AfDB)

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    • Nigeria: African Development Bank Approves $46 Million to Transform Healthcare in Sokoto State
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank Approves $46 Million to Transform Healthcare in Sokoto State

The Bank’s financing will support the delivery of climate-smart health infrastructure across three levels of care

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $46 million loan to finance the Sokoto State Health Infrastructure Project, a transformative initiative designed to enhance healthcare access and quality in Nigeria’s Sokoto State. The project addresses critical health system gaps in Sokoto, where key…