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    • (L-R) Prof. Margaret Chigita-Mabugu , Dean, Faculty of Economic and Management Sciences, University of Pretoria, AfDB Vice President Nnenna Nwabufo, University of Tokyo President Dr Teruo Fujii and Prof. Daiji Kawaguchi, Dean of GraSPP, University of Tokyo during the Public Policy seminar at Tokyo University
    • Panelists, speakers and some JADS recipients, take a photo together following the TICAD9 University of Tokyo Public Policy Seminar
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD 9): Universities are the vital partners in development efforts for Africa; we will support them says the African Development Bank

Universities need to serve as incubators of innovation – AfDB VP Nnenna Nwabufo

Universities are essential partners in Africa’s development, and the African Development Bank (www.AfDB.org) is committed to supporting them as centres of innovation that can attract not only Bank financing but also private investment and venture capital, Vice-President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo, said. She was speaking at…

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    • (l-r) Mr. Ryuhei YOSHIKAWA, Director, Eco Infrastructure, Chemical Business, Kao Corporation; Solomon Quaynor, VP for Private Sector, Infrastructure & Industrialization, AfDB; Mr. Yoichi MIYAMOTO, President of Japan-Africa Infrastructure Development Association (JAIDA) and Senior Advisor of Shimizu Corporation; Mr. Kazuya OSAKO, Managing Officer and Director, International Civil Engineering Division, Shimizu Corporation; Mr. Tadashi OBAYASHI, General Manager, General Planning Department, THE NIPPON ROAD CO., LTD.; Mr. Marco Yamaguchi, Manager, Transport and Logistics Division, AfDB
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank signs agreement with Shimizu Corporation, Kao Corporation and Nippon Road Co Ltd to advance climate-resilient road maintenance solutions for Africa

The LoI will formalize a framework for mutual cooperation, information and knowledge sharing, as well as the exploration of co-financing opportunities for sustainable infrastructure solutions across Africa

The African Development Bank (www.AfDB.org) has signed a Letter of Intent (LoI)with the Shimizu Corporation, Kao Corporation and The Nippon Road Co Ltd to advance cooperation in the deployment of innovative, climate-resilient road maintenance solutions in Africa. The agreement was signed by Solomon Quaynor, African Development Bank Vice President for…

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    • (L-R) AfDB Vice President Solomon Quaynor, Kohtaro SABE President & CEO with Marco Yamaguchi, Masahide, following the signing of the LOI. Yokohama, Japan. August 2025
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank and Aerosense Inc sign Letter of Intent (LOI) to advance cooperation and projects in drone technology in Africa

Aerosense Inc.’s drone solution was selected through a call for proposals under the African Development Bank’s Sustainable Road Maintenance Program for Africa (SRMPA) in June 2025

The African Development Bank (www.AfDB.org) and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology in Africa. Aerosense Inc. is a leading Japanese company engaged in drone manufacturing. Representatives of both institutions signed a Letter of Intent on Thursday 21 August, on the sidelines of…

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…

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…

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.…

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    • Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition

The announcement was made at a thematic boardroom session showcasing innovative funding structures to accelerate Africa's energy transition

The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the Fund’s donor base to 11 and strengthening its capacity to support crucial energy projects. The announcement was made at a thematic boardroom…

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    • The African Development Bank (AfDB) and the Government of Libya are pleased to announce the signing of a new grant agreement aimed at strengthening public financial management (PFM) systems in Libya
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Source: African Development Bank Group (AfDB) |

African Development Bank and the Government of Libya Sign Agreement to Strengthen Public Financial Management through support of Fund for African Private Sector Assistance (FAPA) 

By enhancing public expenditure management, the project aims to deliver critical public services and infrastructure while creating a more favorable business environment that encourages private sector growth

The African Development Bank (AfDB) (www.AfDB.org) and the Government of Libya are pleased to announce the signing of a new grant agreement aimed at strengthening public financial management (PFM) systems in Libya. The agreement, signed on Monday, 18 November 2024, underscores the continued commitment of both institutions to fostering economic…

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    • African Development Bank President Akinwumi Adesina (left) presents a commemorative publication on the Policy and Human Resource Development Grant to Japan's Vice Minister of Finance for International Affairs, Atsushi Mimura
    • Mary Yeboah
    • Glory and Angelinah
    • Meeting with JIBC
    • PRST at Keizai group
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Source: African Development Bank Group (AfDB) |

Japan: African Development Bank Celebrates Three Decades of Japan-Backed Trust Fund

Over the past three decades, Japan has contributed JPY 5.3 billion ($ 37.4 million) to the PHRDG, supporting 107 projects, with 96 completed and 11 ongoing as of September 2024

The African Development Bank Group (www.AfDB.org) has celebrated the 30th anniversary of  the Policy and Human Resource Development Grant (PHRDG), a bilateral trust fund created by Japan  in 1994.The initiative has contributed significantly to the development of Africa's human capital, supporting over 100 transformational projects across various sectors. Presenting a…

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    • African Development Bank Group and JICA sign landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan to boost the African Development Fund. Japan, October 2024
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Source: African Development Bank Group (AfDB) |

Japan boosts African Development Fund with Japanese yen (JPY) 51.67 billion concessional loan

Additional resources to drive much-needed development in Africa's least-developed and fragile countries

The African Development Bank Group (www.AfDB.org) and the Japan International Cooperation Agency (JICA) have signed a landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan (CDL) agreement towards the African Development Fund.   The loan, pledged by the Japanese government at the 16th general replenishment of the resources of the…