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African Development Bank Group (AfDB)

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    • Road networks in six new municipalities will undergo new construction and upgrading.
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Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank Provides €29 Million for Development of Road Networks 6 Communes

The funds will support the construction of 28 kilometers of urban roads in asphalt concrete, paving stones and concrete

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €28.88 loan for improvements to the road and transport network linking six Senegalese municipalities.  The loan was approved on 20 September 2022. The financing will be sourced from savings from the Senegal Cities Modernisation Programme (https://bit.ly/3UJA5xg).…

African Development Bank Group (AfDB)

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    • African Development Bank Vice President Kevin Kariuki (3rd from left) and US special presidential envoy for climate John Kerry (right) at the AMCEN event on methane abatement
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Source: African Development Bank Group (AfDB) |

US government announces $5 million grant to support African Development Bank in tackling methane emissions

The grant, subject to the completion of US domestic procedures and approvals, will go to the multi-donor Africa Climate Change Fund, which is managed by the African Development Bank

Climate envoy Kerry announces funding at Dakar meeting of African ministers; Financing will drive fulfilment of Global Methane Pledge targets The United States government has announced it will provide a $5 million grant to the African Development Bank to support efforts to abate methane gas emission, across Africa. Methane accounts…

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    • The implementation of the African Emergency Food Production Facility should enable Senegal to maintain its upward trend in cereal production observed in recent years
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Source: African Development Bank Group (AfDB) |

African Development Bank extends €121 million food-production loan to Senegal to cushion impacts of war in Ukraine

This loan is the first approved under the African Development Bank’s $1.5 billion African Emergency Food Production Facility

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a €121 million loan to Senegal for implementation of an emergency agricultural programme that will benefit 850,000 small farmers, 35% of whom are women. "Senegal's dependence on the outside world for basic commodities and foodstuffs is a real bottleneck…

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

Covid-19: African countries win the race against time with testing laboratories

Daily testing capacity of African countries rose from 13,200 at the beginning of the epidemic to 105,000

In March 2020, Africa had its back to the wall, helpless in the face of the magnitude of a virus that appeared in Asia and quickly spread to the entire planet. Only two African countries were then able to test for the novel coronavirus: Senegal, with its Pasteur Institute, and…

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) |

The African Development Bank: a strategic partner in developing resilience and sustainable energy in the Sahel region

The Sahel Alliance has invited the African Development Bank to lead a working group on agriculture, rural development and food security

The Sahel Alliance will hold its second general assembly in N'Djamena, Chad on Monday, 15 February 2021. The meeting will take place on the side-lines of a summit for the G5 Sahel countries— Burkina Faso, Mali, Mauritania, Niger, Chad—as well as France. The African Development Bank (www.AfDB.org) played an active…

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

African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa

The Joint Action Plan was developed following an EIB delegation meeting with the African Development Bank in February 2020

The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow…

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

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel

The Sahel region's Great Green Wall Initiative received a major boost from the African Development Bank (www.AfDB.org) on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years,…

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

African Development Bank Group Appoints Ms. Yacine Fal, Director General, Cabinet Office of the President

As Director General, Ms. FaI will oversee the administrative and operational work and activities of the Cabinet Office of the President

The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Ms. Yacine FAL Director General, Cabinet Office of the President, effective 1st November 2020. As Director General, Ms. FaI will oversee the administrative and operational work and activities of the Cabinet Office of the President. Primarily, she…

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

African Development Bank approves $27.33 million to ramp up the African Union’s COVID-19 Response Initiative

The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020

The African Development Bank’s Board of Directors (www.AfDB.org) on Wednesday approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilize a continental response to curb the COVID-19 pandemic. The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government…