African Development Bank Group (AfDB) / Press Release

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- Improving climate governance in West Africa: Three calls for inclusive climate action in Burkina Faso, Côte d'Ivoire, and Senegal
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Source: African Development Bank Group (AfDB) | Jul 16, 2025

Improving climate governance in West Africa: Three calls for inclusive climate action in Burkina Faso, Côte d'Ivoire, and Senegal

The Union of Economic and Social Councils and Similar Institutions of Africa (UCESA), supported by the African Development Bank, has developed three national advocacy papers

Climate change is a growing threat across Africa, with West Africa feeling its effects especially intensely. According to the ND-GAIN index, Burkina Faso (162nd out of 182), Senegal (144th), and Côte d’Ivoire (134th) rank among the most vulnerable countries. They face a dangerous mix of low capacity to adapt and…

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- Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms
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Source: African Development Bank Group (AfDB) | Jun 20, 2025

Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms

For the first time, the 2024 ERI also assessed regional regulatory bodies, recognizing their growing role in harmonizing technical standards and enabling cross-border electricity trade

Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI) (www.AfDB.org), demonstrating exceptional progress in power sector governance and regulatory outcomes. The comprehensive assessment, officially unveiled today at the Africa Energy Forum in Cape Town, evaluates regulatory frameworks across 43 African countries. …

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- Members of the African Development Bank team and other participants who worked on Senegal's award-winning $500 million sustainable term loan in Cape Town, South Africa
- Members of the AfDB team that participated in Rwanda's €200 M award-winning ESG loan in Cape Town
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Source: African Development Bank Group (AfDB) | Apr 04, 2025

CORRECTION: African Development Bank-Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards

The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring

Two African Development Bank Group (www.AfDB.org)-supported projects have garnered top honours at the 2025 Bonds, Loans & ESG Capital Markets Africa Awards (https://apo-opa.co/4lvavcK) conference. A $500 million sustainable term loan facility in Senegal (https://apo-opa.co/4i1gUt8) was named Sovereign Syndicated Loan Deal of the Year, while Rwanda’s €200 million ESG loan (https://apo-opa.co/3RxvfTd) was awarded ESG…

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- Representatives of the African Development Bank and other participants in Senegal's award-winning $545M sustainable term loan facility in Cape Town
- Members of the AfDB team that participated in Rwanda's €200 M award-winning ESG loan in Cape Town
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Source: African Development Bank Group (AfDB) | Apr 02, 2025

African Development Bank-Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards

Two African Development Bank Group (www.AfDB.org) -supported projects have garnered top honours at the 2025 Bonds, Loans & ESG Capital Markets Africa Awards (https://apo-opa.co/4li4foE) conference. A $545 million sustainable term loan facility in Senegal (https://apo-opa.co/4ldg7rV) was named Sovereign Syndicated Loan Deal of the Year, while Rwanda’s €200 million ESG loan (https://apo-opa.co/4lf3cpd) was…

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- Visiting the IPD in January 2024, the President of the African Development Bank Group, Akinwumi Adesina ((1st right), announced its support for this important biomedical research centre in Africa
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Source: African Development Bank Group (AfDB) | Dec 18, 2024

Global Partners Invest $45 Million to Boost African Vaccine Production

This collaboration will focus on expanding IPD’s state-of-the-art MADIBA facility, a hub for vaccine manufacturing, while driving job creation and economic growth

In significant efforts to strengthen public health and improve vaccine access in Africa, the U.S. International Development Finance Corporation, the African Development Bank (www.AfDB.org), and the International Finance Corporation (IFC) have jointly announced a $45 million financing package for VaxSen, a subsidiary of Senegal’s Institut Pasteur de Dakar (IPD). The…

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- Completion of the road project, supported by the African Development Fund, will boost trade between Senegal and Guinea, as well as with Mali
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Source: African Development Bank Group (AfDB) | Nov 28, 2024

African Development Fund releases $81 million dollars for construction of road linking Guinea and Senegal to promote integration and trade

The loan from the concessional window of the African Development Bank Group consists of $41.47 million for Senegal and $39.46 million for Guinea

The Board of Directors of the African Development Fund (www.AfDB.org) approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and Mali in Guinea with Kédougou and Fongolembi in Senegal. The loan from the concessional window of the African Development…

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- Participants at the regional consultation on the multisectoral policy framework and nutrition investment target for the West African region, in Dakar, Senegal, 20 August 2024
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Source: African Development Bank Group (AfDB) | Aug 25, 2024

African Development Bank, African Union Launch Landmark Initiative to Eradicate Malnutrition Across Africa

The inaugural two-day consultation for the West Africa region, held in Dakar, Senegal, marks the beginning of an ambitious journey to develop Africa's first-ever Multisectoral Nutrition Policy Framework (MNPF)

The African Union Commission (AUC) and the African Development Bank Group's (www.AfDB.org) African Leaders for Nutrition (ALN) initiative, in collaboration with the government of Senegal, have launched a series of regional consultations (http://apo-opa.co/3XgQtZ8) that aim to transform nutrition policy and financing and end malnutrition across Africa. The inaugural two-day consultation for…

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- Attendees at the launch ceremony of the three-year project to combat money laundering and terrorism financing, Senegal April 2024
- (l-r) : AfDB Country manager for Senegal Mohamed CHERIF, Edwin W. HARRIS Jr, Director General of GIABA. David N BORBOR, Director of the Financial Intelligence Unit of Sierra Leone and GIABA national correspondent. Tafsir HANE, representing Senegal’s Financial Intelligence Unit’s President, attend launch ceremony Dakar, April 2024
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Source: African Development Bank Group (AfDB) | Apr 19, 2024

African Development Bank, Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) combat money laundering and terrorism financing in Africa through new project

The project will be financed through a grant from the Transition Support Facility of the African Development Bank to the tune of 3.5 million UA

The African Development Bank (www.AfDB.org) and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) on Thursday officially launched a three-year support project to combat money laundering and terrorism financing in their member countries. The project, titled “Capacity Development for Anti-Money Laundering and Countering the Financing of Terrorism…

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- Africa Skills Hub members, Ghana, 2024
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Source: African Development Bank Group (AfDB) | Apr 08, 2024

Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) grant for green jobs in natural resources

The target reach group includes women, youth and people with disabilities/special needs, engaged in managing natural resource sectors such as agroforestry, fisheries and biodiversity

The African Development Bank (www.AfDB.org), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) (https://apo-opa.co/3J81Cnx), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth and people with disabilities. The Strengthening Women, Youth and People with Disabilities’ Micro-Entrepreneurship for Green Jobs (https://apo-opa.co/3U9MFqb) in…

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- The African Development Bank’s action will contribute to increasing the State’s public resources to improve people’s living conditions
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Source: African Development Bank Group (AfDB) | Dec 01, 2023

Senegal: African Development Bank loans over EUR 74 million to strengthen internal resource mobilization and support industrial activities

The objective is to allow the government to have more resources to finance the structuring projects and programmes of the Senegal Emerging Plan and improve people’s living conditions

The Board of Directors of the African Development Bank Group (www.AfDB.org) granted a loan of EUR 74.5 million to Senegal in Abidjan on 1 December 2023 to support the implementation of the first phase of the Resource Mobilization and Industrial Development Support Programme (PAMRDI-I). The programme has a number of…