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    • The African Development Bank Group is providing USD 500 million in budget support to the Federal Republic of Nigeria to help improve the country's non-oil revenues and to expand fiscal space
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank Group loans $500 million to support economic governance and energy transition

Benefits will also accrue to private businesses in the form of improved investment climate and opportunities in the energy sector at the level of individual states of the Federation, and from the creation of an environment more conducive to public-private partnerships

The Board of Directors of the African Development Bank Group (www.AfDB.org), meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of Nigeria to finance the second phase of the Economic Governance and Energy Transition Support Programme. The policy-based operation is for fiscal years 2024…

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    • AfDB president Dr Sidi Ould Tah meets with heads of African Stock Exchanges; Abidjan, 18 November 2025
    • AfDB president Dr Sidi Ould Tah meets with heads of African Stock Exchanges; Abidjan, 18 November 2025
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    • Dr. Tah's Vision for AfDB Presidency
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Source: African Development Bank Group (AfDB) |

African Development Bank Group rallies Stock Exchanges to reinvent Africa’s financial future

African stock exchanges will be a crucial lever for financing African economies

The African Development Bank Group (www.AfDB.org) on Tuesday commenced a round of high-level meetings with African development finance institutions and private sector financial partners to forge a bold, historic blueprint for a New African Financial Architecture, designed to bridge the financing gap for the continent’s development needs. Download Document: https://apo-opa.co/4r8E8Do…

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    • Panelists (left to right): Moderator Simon Winter, Abdilhakim Yusuf Ali Ainte, Director of the Food Security and Climate Department in the Office of the Prime Minister of the Federal Government of Somalia, Roland Fomundam, President and CEO of Greenhouse Ventures, Felista Nyakio, Kenyan agripreneur, Rania Dagash-Kamara, Deputy Executive Director for Partnerships and Resource Mobilization of the World Food Programme, Beth Bechdol, Deputy Director-General of the Food and Agriculture Organization of the United Nations (FAO) and Martin Fregene, Director of the Agriculture and Agribusiness Department of the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

Forum for Resilience in Africa 2025: farmers must become providers of food aid, not recipients, say experts

The forum provides an opportunity to explore strategies for intensifying prevention efforts and stimulating peace-promoting investments on the continent

Agricultural experts attending the 6th edition of the Africa Resilience Forum (https://apo-opa.co/4h4wohb), held in Abidjan from 1–3 October, have urged African governments to place greater value on farmers — transforming them from recipients of food aid into providers. "Agriculture is a dominant activity in crisis zones. And we are told…

Source: African Development Bank Group (AfDB) |

Africa Resilience Forum 2025: Development leaders call for high-quality border infrastructure to facilitate free movement of goods and people

In January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA) to increase intra-African trade and stimulate inclusive and sustainable development in industry, infrastructure, and agriculture

The political will to build quality infrastructure at borders, including the construction of a single digitised checkpoint between two neighbouring countries, should facilitate the free movement of people and goods and help streamline cross-border trade in Africa, participants in the sixth edition of the Africa Resilience Forum (http://apo-opa.co/4mPrYfq), heard on…

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    • Ali Lamine Mahamane Zeine, Prime Minister of Niger, and Sidi Ould Tah, President of the African Development Bank Group (right), present the documents corresponding to the $144.7 million financing agreement aimed at developing Niger’s energy sector and improving the competitiveness of its private sector
    • Sidi Ould Tah, President of the African Development Bank Group (right), and Ali Lamine Mahamane Zeine, Prime Minister of Niger, sign a $144.7 million financing agreement at the institution's headquarters in Abidjan to improve energy access and private sector competitiveness in Niger
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Source: African Development Bank Group (AfDB) |

African Development Bank Group and Niger sign $144.7 million agreement to boost energy access, economic competitiveness and resilience

A key component of the project focuses on developing renewable energy capacity, with plans for 240 MW of solar power by 2030, including 50 MW by December 2026

African Development Bank Group (www.AfDB.org) President Sidi Ould Tah and Niger’s Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy access and private sector competitiveness. The agreement, signed at the institution’s headquarters in Abidjan, provides budgetary support from the African Development Fund, the…

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    • AfDB President Sidi Ould Tah urges the private sector to play a central role in the structural transformation of African economies
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Africa must seize global trade disruption as 'historic opportunity,' leaders tell private sector

African leaders see the moment as critical for the continent to strengthen intra-African commerce and reduce dependence on external markets

Ivorian Prime Minister Robert Mambé and African Development Bank Group (www.AfDB.org) President Sidi Ould Tah have urged Africa’s private sector to take centre stage in the continent’s economic transformation, stressing that the current global trade disruptions present an opportunity rather than a threat. The two leaders were speaking on Monday…

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    • African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara (1)
    • African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara (2)
    • African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara (3)
    • African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group President Sidi Ould Tah pays courtesy visit to President Alassane Ouattara

The courtesy visit serves to consolidate the cordial partnership between the Bank and Côte d'Ivoire, which is a founding member country and host nation of the institution

The president of the African Development Bank Group (www.AfDB.org), Sidi Ould Tah, paid a courtesy visit on Wednesday to the President of Côte d'Ivoire, Alassane Ouattara. Ould Tah expressed his gratitude to the Ivorian leader for the support he received during his election in May becoming the ninth president of…

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    • Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group (1)
    • Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group (2)
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Sidi Ould Tah Assumes Office as 9th President of the African Development Bank Group

Dr. Ould Tah, 60, who hails from the Islamic Republic of Mauritania, was elected on 29 May 2025 with over 76% of shareholder votes—the highest margin for a first-term president in the Bank's history

History was made today when Dr. Sidi Ould Tah was sworn-in, as the ninth President of the African Development Bank Group (AfDB) (www.AfDB.org).   At exactly11:04 Abidjan time, on a rainswept Monday morning, Dr. Sidi took his oath-of-office, at the helm of Africa’s premier development finance institution succeeding Dr Akinwumi A.…

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    • Koffi Kouakou Charles sharpens his machete before heading to his field
    • Koffi Kouakou Charles in his field in Abokouassikro
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Source: African Development Bank Group (AfDB) |

In Mékro, in central Côte d'Ivoire, sustainable agriculture is giving hope to an entire community

The project is focused on three agricultural crops: yams, cassava and vegetables, as well as traditional poultry farming, and aims to improve the living conditions of 60,000 vulnerable people

Day breaks in Mékro, some 300 km from Abidjan, in central Côte d'Ivoire. The first rays of sun announce the start of what promises to be another sweltering day in a region known for its intense heat. Some women return from the backwaters bringing water to supply the family beehives.…

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    • Improving climate governance in West Africa: Three calls for inclusive climate action in Burkina Faso, Côte d'Ivoire, and Senegal
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Source: African Development Bank Group (AfDB) |

Improving climate governance in West Africa: Three calls for inclusive climate action in Burkina Faso, Côte d'Ivoire, and Senegal

The Union of Economic and Social Councils and Similar Institutions of Africa (UCESA), supported by the African Development Bank, has developed three national advocacy papers

Climate change is a growing threat across Africa, with West Africa feeling its effects especially intensely. According to the ND-GAIN index, Burkina Faso (162nd out of 182), Senegal (144th), and Côte d’Ivoire (134th) rank among the most vulnerable countries. They face a dangerous mix of low capacity to adapt and…