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African Development Bank Group (AfDB)

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    • Cameroon’s Economy Minister Alamine Ousmane Mey and AfDB Central Africa Director General Léandre Bassolé sign the agreements in Yaoundé
    • Mey and Bassolé exchange documents after signing the agreements
    • Family photo with Cameroon officials, AfDB representatives and lawmakers from the Far North region
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Source: African Development Bank Group (AfDB) |

Cameroon, African Development Bank (AfDB) sign €136 million loan deal to develop skills and entrepreneurship in Far North

The five-year programme will support technical and vocational training for 6,000 young people, create at least 5,000 jobs, 40% of them for women, and provide backing for over 500 small and medium-sized businesses

Cameroon and the African Development Bank Group (www.AfDB.org) have signed loan agreements worth €136 million to finance a programme aimed at building skills, creating jobs and modernising infrastructure in the country’s conflict-affected far north region. The agreements for the Building Capacities and Skills for Employability and Entrepreneurship in the Extrême Nord…

African Development Bank Group (AfDB)

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    • Equatorial Guinea: African Development Bank approves €73.27 million loan for youth employment and skills development
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Source: African Development Bank Group (AfDB) |

Equatorial Guinea: African Development Bank approves €73.27 million loan for youth employment and skills development

The African Development Bank’s support for the project will help reduce unemployment and underemployment, improving economic inclusion and driving social stability, particularly in Bioko Sur and Welé-Nzas

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €73.27 million loan to Equatorial Guinea for the first phase of the country’s Human Capital Development Project in Support of Economic and Social Inclusion (PARCH 1).  The five-year project (2025-2030) aims to improve vocational training and…

African Development Bank Group (AfDB)

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    • African Development Bank and Invest in Africa Sign $850,000 Grant Agreement to Boost Inclusive Green Jobs in Ghana and Senegal
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Source: African Development Bank Group (AfDB) |

African Development Bank and Invest in Africa Sign $850,000 Grant Agreement to Boost Inclusive Green Jobs in Ghana and Senegal

By strengthening capacity and integrating micro enterprises into green value chains, the project seeks to stimulate local job creation and promote inclusive participation in Africa’s green economy

The African Development Bank (www.AfDB.org) has signed a $850,000 grant agreement with Invest in Africa (IIA), a non-profit organization, to support the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal. Titled, Strengthening Women, Youth, and People with Disabilities’ Micro-Entrepreneurship for Green Jobs in…

African Development Bank Group (AfDB)

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    • Beneficiaries of the business incubator expressed their gratitude to the government and to the African Development Bank
    • Ms. Mouna Diawara, Head of Bank Operations in Burkina Faso, emphasized that the Project for Rural Youth Employment and Skills Development Project (PADEJ-MR) offers a concrete response to the problem of youth unemployment in rural areas
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Source: African Development Bank Group (AfDB) |

Burkina Faso: African Development Bank supports youth entrepreneurship in rural areas

The initiative aims to help young people convert their ideas into viable businesses in promising sectors such as agriculture, agri-food, services, crafts, and new technologies

The African Development Bank (www.AfDB.org) and the Government of Burkina Faso launched the third phase of the incubator program of the Support Project for Youth Employment and Skills Development in Rural Areas (PADEJ-MR in the French acronym) on July 15, 2025, in Ouagadougou, the capital of Burkina Faso. Ms. Franceline…

African Development Bank Group (AfDB)

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    • The Gambia: African Development Fund Approves $19.93 Million Grant to Tackle Fragility and Expand Opportunities for Rural Youth and Women
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Source: African Development Bank Group (AfDB) |

The Gambia: African Development Fund Approves $19.93 Million Grant to Tackle Fragility and Expand Opportunities for Rural Youth and Women

Youth unemployment stands at 38.6%, with women disproportionately impacted -- 1.3 unemployed women for every unemployed man

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $19.93 million grant funding for the Resilience Building - Vulnerable Youth and Women Support Project, designed to improve access to basic social services for underserved communities in The Gambia. The initiative seeks to address the root causes…

African Development Bank Group (AfDB)

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    • YEIBS Launch: President of the Republic of Liberia, Joseph Nyuma Boakai, Sr., and the President of the African Development Bank Group, Akinwumi Adesina, launch the Liberia Youth Entrepreneurship Investment Bank at a ceremony in Monrovia, July 22, 2025
    • YEIBS Launch: President of the African Development Bank Group, Akinwumi Adesina (4th from left), Bank Group Director General for West Africa, Lamin Barrow, and attendees at the launch of the Liberia YEIB
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Source: African Development Bank Group (AfDB) |

Hope for Liberia’s youth as country pioneers African Development Bank-financed Youth Entrepreneurship Investment Bank

The Youth Entrepreneurship Investment Banks will promote private sector-led inclusive economic development, by creating entrepreneurship opportunities for young Africans aged 18-35

Program will turn job seekers into job creators – Liberian President Boakai The future of Liberia’s youth cannot be left to hustling – Dr. Adesina Liberia has become the first country to launch an African Development Bank Group initiative (www.AfDB.org) that will help tackle youth unemployment among African youth. President…

African Development Bank Group (AfDB)

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    • Supported by the African Development Fund’s Climate Action Window, the project will improve rice seed availability for 11,000 farmers in 13 West African countries
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Source: African Development Bank Group (AfDB) |

African Development Fund supports climate-resilient rice value chains across West Africa

The project will support rice producers and processors in 13 countries: Benin, Burkina Faso, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Senegal, Sierra Leone, and Togo

The Board of Directors of the African Development Fund (ADF) (http://apo-opa.co/4nUpfmv), the concessional funding window of the African Development Bank Group (www.AfDB.org), on 17 July 2025 approved a $9.44 million grant for the Africa Rice Center (AfricaRice) to strengthen the climate resilience of rice value chains across West Africa. Funded…

African Development Bank Group (AfDB)

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    • African Development Bank Approves $17 Million to Rebuild Conflict-Affected Northern Mozambique
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Source: African Development Bank Group (AfDB) |

African Development Bank Approves $17 Million to Rebuild Conflict-Affected Northern Mozambique

Project to create 24,000 jobs and benefit over 100,000 people in Cabo Delgado

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $17 million grant to support recovery and resilient-building efforts in conflict-affected northern Mozambique’s Cabo Delgado province. The funding will support the Resilient Investment for Socio-Economic Empowerment, Peace, and Security (RISE-PS) Project, a bold new initiative to tackle…

African Development Bank Group (AfDB)

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    • L–R: Hon. Otumchere Oti, Abia State Commissioner for Works; Mr. Mahaman Mourtala Mamoudou Abdoussalam, Operations Team Leader, Economic Infrastructure, Islamic Development Bank; Dr. Abdul B. Kamara, Director General for Nigeria, African Development Bank Group; His Excellency Dr. Alex Otti, Governor of Abia State; and Dr. Oyebola Akande, Assistant Director, International Economic Relations Department, Federal Ministry of Finance, Nigeria
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Source: African Development Bank Group (AfDB) |

African Development Bank and Partners Launch a $263.8 Million Infrastructure Project to Transform Urban Development in Abia State

The project will rehabilitate more than 248 kilometers of roads in the cities of Umuahia and Aba

The African Development Bank (www.AfDB.org), in partnership with the Islamic Development Bank, Nigeria’s Federal Government and the Abia State, has launched the Abia State Integrated Infrastructure Development Project, a transformative $263.8 million initiative to modernize urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development over the next five years. The…

African Development Bank Group (AfDB)

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    • Inside the Youth, Jobs and Skills Marker System
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    • Established in Kigali as the first U.S. university campus in Africa and funded by the African Development Fund, Carnegie Mellon University Africa offers ICT master’s programs and promotes female enrollment through targeted scholarships
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Source: African Development Bank Group (AfDB) |

World Youth Skills Day: African Development Bank to introduce systems reforms to prioritize investing in Africa’s youth

The Bank has just launched a pilot version of the Youth, Jobs and Skills Marker System in readiness for the full implementation in 2026

The African Development Bank (www.AfDB.org), in partnership with the International Labour Organization, has launched a transformative system to mainstream youth employment, skills development, and entrepreneurship across its investments.  The approach, called the Youth, Jobs and Skills Marker System, is aligned with the Bank's latest Ten-Year Strategy, which places Africa’s young…