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African Development Bank Group (AfDB)

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    • The electricity highway between Ethiopia and Kenya represents a technological advance for electricity transmission
    • The project is a model of sustainability, allowing better integration of wind power, Solar and hydroelectricity into regional networks
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Source: African Development Bank Group (AfDB) |

East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank

This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy

The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity, connecting not just power grids but nations and…

African Development Bank Group (AfDB)

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    • AfDB Vice President Dr. Beth Dunford (r) at a and Mastercard Executive Vice President Tara Nathan at recent MADE Alliance Africa event
    • Dr. Beth Dunford, AfDB Vice President
    • AfDB Vice President Dr. Beth Dunford with smallholder farmers in Nigeria who are benefitting from Bank agricultural technologies
    • MADE Alliance Africa aims to connect millions of smallholder farmers and women in Africa with digital services
    • World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent
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Source: African Development Bank Group (AfDB) |

World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent

The African Development Bank aims to bring 3 million farmers in Kenya, Tanzania and Nigeria into the digital economy via Mastercard Community Pass

The African Development Bank Group (www.AfDB.org) and Mastercard are co-chairing a new initiative called Mobilizing Access to the Digital Economy (MADE) Alliance Africa, which aims to provide digital access to critical services for 100 million people and businesses in Africa over the next 10 years. In the first phase of…

African Development Bank Group (AfDB)

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    • African Development Bank appoints Dr Kennedy Mbekeani as Director General for East Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank appoints Dr Kennedy Mbekeani as Director General for East Africa

Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels

The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024. Mbekeani, a citizen of Malawi has over 25 years of senior experience in development…

African Development Bank Group (AfDB)

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    • Participants of the Just Transition Planning Masterclass, Nairobi, 18 September 2024 (1)
    • Participants of the Just Transition Planning Masterclass, Nairobi, 18 September 2024 (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Climate Investment Funds Deliver Just Transition Planning Masterclass for African Decision-Makers

The initiative brought together 25 policymakers, civil society organizations, and technical experts from pilot countries to collaborate on practical solutions for inclusive climate action

As Africa transitions toward a climate-resilient, low-carbon economy, the African Development Bank (www.AfDB.org), with support from the Climate Investment Funds (CIF) (http://apo-opa.co/3NaTp3W), is reinforcing its commitment to a just transition across the continent. In line with this commitment, key decision-makers from Ghana, Kenya, Uganda, and Namibia recently gathered in Nairobi…

African Development Bank Group (AfDB)

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    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (1)
    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (2)
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Source: African Development Bank Group (AfDB) |

Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation

Kimani’s winning invention is an advanced early detection system, designed to detect crop pests and diseases swiftly, which can reduce crop losses by up to 30% and increase yields by as much as 40%

Esther Kimani, a 2022 YouthADAPT winner, received the prestigious 2024 Africa Prize for Engineering Innovation from the Royal Academy of Engineering on June 13 in Nairobi, Kenya. YouthADAPT is sponsored by the African Development Bank (www.AfDB.org) and the Global Center on Adaptation under the Africa Adaptation Acceleration Program (AAAP) (https://apo-opa.co/3XZTJch).  Innovative…

African Development Bank Group (AfDB)

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    • Director General of the African Development Bank's Nigeria Country Department, Lamin Barrow (left), and Chinua Azubike, CEO of InfraCredit, exchange the deed of agreement for a $15 million subordinated loan signed on June 14, 2024, to enhance infrastructure financing in Nigeria
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank and Infrastructure Credit Guarantee Company Limited sign $15 million agreement to enhance infrastructure financing

InfraCredit is a specialized Nigerian credit guarantee company that mobilizes long-term capital from institutional investors to support infrastructure projects

The African Development Bank (www.AfDB.org) and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit's capital base and attract institutional investors’ resources to help close Nigeria's infrastructure financing gap. Lamin Barrow, Director General of the African Development Bank's Nigeria…

African Development Bank Group (AfDB)

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    • (l-r) Prof. Njuguna Ndung’u,Cabinet Secretary National Treasury & Economic Planning and Governor for Kenya with Hon. Philippe Lasmel , Temporary Governor of Côte d'Ivoire at the AM2024: Closing Ceremony
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Concludes 2024 Annual Meetings with Enhanced Mandate and Capital Boost to $318 bln

Bank shareholders endorse the creation of an African Credit Ratings Agency

The African Development Bank Group (www.AfDB.org) concluded its 2024 Annual Meetings with a reinforced mandate from its shareholders, allowing it to better align with the evolving global finance architecture and enhance its support for the continent. Over the course of the five-day meetings, held in the Kenyan capital, Nairobi, shareholders…

African Development Bank Group (AfDB)

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    • (l-r) Acting AfDB Director of Industrial and Trade Development, Ousmane Fall and Intel Director of Government Affairs Africa and IGA CTO Liaison, Dr. Bienvenu Agbokponto Soglo
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Source: African Development Bank Group (AfDB) |

Digital Future for Africa: African Development Bank and Intel to Train Millions in Artificial Intelligence (AI)

The training will address socio-economic challenges and boost productivity in key growth sectors such as agriculture, health, and education, thereby disrupting traditional growth cycles

The African Development Bank (www.AfDB.org) and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. The partnership aims to equip 3 million Africans and 30,000 government officials with AI skills. Sealed at the recent African Development Bank’s Annual Meetings in Nairobi, Kenya, the deal will help…

African Development Bank Group (AfDB)

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    • African Development Bank Vice Presidents and Director at the Financial Presentation and Development Review during the 2024 Annual Meetings, Nairobi, Kenya (l-r )Director Armand Nyezimana, Chief Economist Kevin Urama, Dr. Victor Oladokun, VP and CFO Hassatou N'Sele, SVP Swazi Tshabalala, VP Kevin Kariuki, VP Beth Dunford, VP Marie-Laure Akin-Olugbade, VP Solomon Quaynor (1)
    • African Development Bank Vice Presidents and Director at the Financial Presentation and Development Review during the 2024 Annual Meetings, Nairobi, Kenya (l-r )Director Armand Nyezimana, Chief Economist Kevin Urama, Dr. Victor Oladokun, VP and CFO Hassatou N'Sele, SVP Swazi Tshabalala, VP Kevin Kariuki, VP Beth Dunford, VP Marie-Laure Akin-Olugbade, VP Solomon Quaynor (2)
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Source: African Development Bank Group (AfDB) |

Annual Development Effectiveness Review 2024: African Development Bank Group’s vice presidents share positive development impact in 2023

$10.1 billion in approvals, a 30 percent increase on 2022

Senior officials from the African Development Bank Group (www.AfDB.org) detailed the positive impacts of Bank-supported projects affecting virtually all facets of life across the continent during 2023—a year hailed as one of the most successful in its history. Bank Vice President Marie-Laure Akin-Olugbade said: “2023 was an exceptional year for…

African Development Bank Group (AfDB)

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    • Dr Akinwumi Adesina, African Development Bank President
    • 2024 Annual Meetings: Africa’s Voice Needs to be Heard, Says African Development Bank President
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Source: African Development Bank Group (AfDB) |

2024 Annual Meetings: Africa’s Voice Needs to be Heard, Says African Development Bank President

Adesina told more than 150 journalists covering the Bank’s Annual Meetings in Nairobi that the Global South is becoming much more important and that as a result the global financial architecture needs to change

African Development Bank President Dr Akinwumi Adesina (www.AfDB.org) says the world is changing and Africa needs to be at the table. Adesina told more than 150 journalists covering the Bank’s Annual Meetings in Nairobi that the Global South is becoming much more important and that as a result the global financial…