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African Development Bank Group (AfDB)

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    • Government representatives and experts from the Bank and the Mano River Union, joined by women traders to launch the BI-BEST project
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Source: African Development Bank Group (AfDB) |

Mano River Union launches scheme to build inclusive business ecosystems (By Charleine MBUYI LUSAMBA & Hoda Tarek)

Sierra Leone’s Minister of Gender and Children's Affairs, Manty Tarawalli, commended the African Development Bank for what she said was a “well-thought” initiative to support women’s economic empowerment

By Charleine MBUYI LUSAMBA, Task Manager & Hoda Tarek, Gender and Development Expert On 21 October 2022, the African Development Bank and the Mano River Union Secretariat hosted an event to launch the Project to Build Inclusive Business Ecosystems for Stabilization and Transformation in the Mano River Union (BI-BEST) in Freetown,…

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

Liberia: African Development Bank Group approves $5.12 million financing for Emergency Food Production Program

The funding includes a grant of $2.28 million and a loan of $2.84 million from the Bank Group’s Transition Support Facility

The Board of directors of the African Development Bank Group (www.AfDB.org) has approved financing for the Emergency Food Production Program in Liberia (http://bit.ly/3gu1AM3). This paves the way for the government to support farmers as they increase climate resilient food production and mitigate the impact of the ongoing war in Ukraine. The funding…

African Development Bank Group (AfDB)

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    • African Development Bank New Series of African Country Gender Profiles Show Progress in Addressing Gender Discriminatory Law
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Source: African Development Bank Group (AfDB) |

African Development Bank New Series of African Country Gender Profiles Show Progress in Addressing Gender Discriminatory Law

The Bank’s country gender profiles evaluate gender equality and offer recommendations to drive parity across a range of metrics

New reports the African Development Bank (www.AfDB.org) has produced on Benin, Djibouti, Somalia, Zimbabwe and Liberia show the countries have successfully put national policies in place to advance gender equality. At the same time, the Covid-19 pandemic has sharpened the challenges women face.    Prepared in collaboration with the countries…

African Development Bank Group (AfDB)

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    • Map showing the Mano River Union region: Improving road infrastructure and promoting intra-community trade will help boost the post-conflict recovery in the Mano River Union area
    • In the past five years, the African Development Bank Group has provided over 69 million people with improved transport – picture: Moyale-Mombasa Road
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Source: African Development Bank Group (AfDB) |

The Mano River Union: African Development Fund commits $88.2 Million for Road Development and Transport Facilitation in Liberia and Sierra Leone

The Mano River Union is an international association initially established between Liberia and Sierra Leone in 1973 under the Mano River Declaration

The Board of Directors of the African Development Fund,  the concessional window of the African Development Bank Group (www.AfDB.org), on Wednesday approved $88.2 million in financing for the third phase of the Road Development and Transport Facilitation Programme for the Mano River Union (https://bit.ly/3iuTBvh). The Mano River Union is an international…

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

CORRECTION: Africa is the place to invest, visiting US congressional delegation acknowledges to African Development Bank chief

The congressman from New York and Chairman of the US House Foreign Affairs Committee was speaking during a visit to the African Development Bank Group on Saturday

United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now. The congressman from New York and Chairman of the US House Foreign Affairs Committee was speaking during a visit to the African Development Bank Group on…

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

Liberia: African Development Fund approves $12.13 million savings to fund additional works under the Bank-sponsored Fish Town-Harper Road Project

The funds will come from financial savings made in implementing the first phase of the project, approved in 2013

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, on Wednesday approved funding of $12.13 million to finance additional activities under the Bank-sponsored Fish Town-Harper Road Project in Liberia. The funds will come from financial savings made in implementing the first…

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

Liberia: African Development Bank extends $10 Million Grant to Enhance Climate Information Systems

The funding will strengthen the country’s capacity to produce tailored, sector-specific climate information services for the benefit of the most vulnerable

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $10 million grant from the Green Climate Fund, for which the Bank is the accredited agency, to improve Liberia’s early warning weather systems. The project will also receive $431,969 from the Bank’s ClimDev Africa Special Fund and…

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

African Development Bank Group supports Domestic Debt Market Development in The Gambia, Sierra Leone, Guinea and Liberia

The project will provide technical assistance and capacity building to develop domestic debt markets in the four countries

The African Development Bank Group (www.AfDB.org) has launched a project to support development of domestic debt markets and financial systems in four West African Monetary Zone (WAMZ) countries: the Gambia, Sierra Leone, Guinea and Liberia. The Bank had earlier approved a grant of UA1.5 million, or about $2 million for…

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

African Development Bank provides $320 000 in grant funding to mainstream gender in Economic Community of West African States' (ECOWAS) digital financial operations

The grant will be disbursed through the Africa Digital Financial Inclusion Facility, a blended finance vehicle, supported by the Bank

The Board of Directors of the African Development Bank (www.AfDB.org) has awarded a grant of $320, 535 to the West African Monetary Agency to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks. The funds will support a gender gap analysis of several WAMA strategies including those for…

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

African leaders reaffirm support for African Development Bank as President Adesina begins second term

The meetings were held virtually due to the restrictions imposed by the COVID-19 outbreak

African leaders on Tuesday reaffirmed their support for the African Development Bank Group (https://www.AfDB.org/) and its leadership under Dr. Akinwumi Adesina as he begins his second five-year term with a renewed mandate to foster sustainable development on the continent.  In goodwill messages to mark Adesina’s inauguration, Presidents Muhammadu Buhari of…