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African Development Bank Group (AfDB)

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    • (From left to right). Roberto Amerise, Director of General Affairs, Financial Programs and International Cooperation at the Italian Ministry of the Environment and Energy Security; Terje Pilskog, CEO of Scatec; Natascha Beinker, representative of the German Federal Ministry for Economic Cooperation and Development and Head of the Climate Policy Division; and Daniel Schroth, Director for Renewable Energy and Energy Efficiency at the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

30th Conference of the Parties (COP30): African Development Bank Group’s (AfDB) Sustainable Energy Fund for Africa (SEFA) mobilises nearly EUR50 million in new commitments for just energy transition and Mission 300

The discussions also featured the impactful work of BURN, a successful African clean cooking company and SEFA grant recipient

The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org), a multi-donor special fund managed by the Bank Group, has secured new investment commitments totalling nearly EUR 50 million, to strengthen the rollout of Mission 300 (https://apo-opa.co/48qxL74) and accelerate climate action across Africa’s power sector. The commitments, made by…

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

Adesina spotlights African Development Bank’s role in delivering Mattei Plan and Global Gateway investments across Africa to drive industrial growth

Bank commended for driving key Mattei Plan infrastructure projects, including the Lobito Corridor and Rome Process Facility

African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has reaffirmed the Bank’s central role in advancing Africa’s connectivity, industrialization, and regional integration through strategic investments aligned with Italy’s Mattei Plan and the European Union’s Global Gateway initiative.  Speaking at the joint Mattei Plan–Global Gateway Summit (https://apo-opa.co/3ZJy5Jx) held in Rome…

African Development Bank Group (AfDB)

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    • Italy reaffirms its support for the African Development Bank under the Mattei Plan. Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group (2nd from left), received an Italian delegation on May 8, 2025, at the institution's headquarters in Abidjan
    • Marie-Laure Akin-Olugbade, Senior Vice President of the Bank Group
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Source: African Development Bank Group (AfDB) |

Italy affirms Partnership with African Development Bank under the Mattei Plan

Under the Mattei Plan for Africa, Italy aims to foster economic and strategic partnerships with African nations and institutions

Italy has reaffirmed its partnership with the African Development Bank (www.AfDB.org) and expressed keenness to explore mutual growth opportunities in Africa under the Mattei Plan.  Stefano Gatti, Director General for Development Cooperation at the Ministry of Foreign Affairs and International Cooperation (FAIC) and Lorenzo Ortona, Head of the Mattei Plan…

African Development Bank Group (AfDB)

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    • SACE and African Development Bank Group to work together under the “Mattei Plan”
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Source: African Development Bank Group (AfDB) |

SACE and African Development Bank Group to work together under the “Mattei Plan”

Collaboration between SACE and the African Development Bank Group to sustain the development of initiatives with Africa’s public and private sectors, with additional opportunities for Italian businesses in education, agribusiness, healthcare, energy, water and infrastructure

SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African Development Bank Group (www.AfDB.org), today signed a collaboration agreement to provide credit protection to foster investment in Africa, under the “Mattei Plan”. The signing took place…

African Development Bank Group (AfDB)

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    • Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and African Development Bank to invest €400 million in Africa’s Private Sector Growth
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Source: African Development Bank Group (AfDB) |

Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and African Development Bank to invest €400 million in Africa’s Private Sector Growth

Both financial institutions will support the continent’s economic growth through targeted strategic projects, promote the exchange of information among stakeholders, and facilitate joint investment opportunities

Investment to support projects in food security, SME development, and sustainable infrastructure growth in Africa, within the framework of the Mattei Plan; Newly established collaborative platform GRaF to mobilise up to €750 million. Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to…

African Development Bank Group (AfDB)

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    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (1)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (2)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (3)
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Source: African Development Bank Group (AfDB) |

G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives

African Development Bank had invested over $50 billion in quality infrastructure in Africa over the past eight years

G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph Biden and current G-7 President, the Italian Prime Minister Giorgia Meloni, co-chaired a special ad hoc meeting on the sidelines of…

African Development Bank Group (AfDB)

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    • From left to right: Dr Akinwumi Adesina and Ms Giorgia Meloni
    • African Develoment Bank Group President Dr Akinwumi Adesina addresses G7 Meeting
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Source: African Development Bank Group (AfDB) |

Joint Press Statement between Ms. Giorgia Meloni, Prime Minister of Italy, and Dr. Akinwumi A. Adesina, President of the African Development Bank Group—G7 Heads of State and Government Summit

Italy has committed approximately $150 million in highly concessional loans and grants and the African Development Bank Group will at least match this amount

The Prime Minister (PM) of Italy, Ms. Giorgia Meloni, and the President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi A. Adesina, met on the sidelines of the G7 Heads of State and Government Summit in Puglia. Their discussion focused on the forthcoming launch of a series of joint initiatives…

African Development Bank Group (AfDB)

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    • Italy announces $6 billion plan to strengthen partnership with Africa at Italy-Africa Summit
    • L-R: Italian Prime Minister Georgia Meloni, Dr Akinwumi A. Adesina, president of the African Development Bank Group, and Italian Republic President Sergio Mattarella at Palazzo del Quirinale
    • African Development Bank Group President Dr Akinwumi Adesina (2nd right, 3rd row) joined 25 African leaders and European Union officials at the Italy-Africa Summit
    • African Development Bank Group President Dr Akinwumi Adesina (right) underscored Africa’s resilience, saying, “Africa will determine the future of the world”
    • The President of the European Commission, Ursula von der Leyen (standing), called for a united front “to build alternatives to the deadly smuggling routes”
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Source: African Development Bank Group (AfDB) |

Italy announces $6 billion plan to strengthen partnership with Africa at Italy-Africa Summit

They included an initial pledge of €5.5 billion (US$5.95 billion) including guarantees

The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome on Monday. African Development Bank Group President Dr Akinwumi Adesina (www.AfDB.org) joined 25 African leaders and European Union officials at the summit. The summit—which took place as Italy assumes the Presidency…

African Development Bank Group (AfDB)

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    • Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects (1)
    • Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects (2)
    • Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects (3)
    • Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects (4)
    • Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects (5)
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Source: African Development Bank Group (AfDB) |

Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects

This agreement will enable a series of investments in Sub-Saharan Africa in strategic transport corridors, in energy and digital connectivity

On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group (www.AfDB.org) have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa. The European Union’s contribution to co-finance operations with the African Development Bank has significantly increased…

African Development Bank Group (AfDB)

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    • Conference of the Parties (COP28): Italy announces €5 Million contribution to Sustainable Energy Fund for Africa
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Source: African Development Bank Group (AfDB) |

Conference of the Parties (COP28): Italy announces €5 Million contribution to Sustainable Energy Fund for Africa

Italy's contribution aligns with the broader goals of COP28, particularly the objective of tripling the deployment of renewable energy

Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.co/46J7nRR) Special Fund. The Italian Deputy Minister of Environment and Energy Security, Vannia Gava, announced the new contribution on Monday during a side event at the 2023 United Nations…