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African Development Bank Group (AfDB)

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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) |

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…

African Development Bank Group (AfDB)

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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) |

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…

African Development Bank Group (AfDB)

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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) |

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…

African Development Bank Group (AfDB)

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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) |

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…

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

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…

African Development Bank Group (AfDB)

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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) |

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…

African Development Bank Group (AfDB)

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    • AfDB Acting Director for Development Impact and Results, Armand Nzeyimana ( 2nd from left) shares insights during panel session at the 2023 African Delivery Units Forum, Dakar, Senegal
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Source: African Development Bank Group (AfDB) |

African Development Bank strengthens partnership with the African Network of Delivery Units

The event brought together representatives of government Delivery Units from 14 African countries, as well as key development partners, including UNDP, UMOA, the World Bank, AFD and Enabel

The African Development Bank’s (www.AfDB.org) participation in the 2023 Dakar Forum of The African Delivery Units Network, provided a unique platform to share success stories and strategies, and culminated in the signing of a Memorandum of Understanding (MOU), expected to strengthen the network of Africa’s delivery units. The two-day meeting,…

African Development Bank Group (AfDB)

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    • Planned for construction and implementation over 5 years, Senegal's Agropole Nord will help to sustainably increase household incomes and food security
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Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank agrees loan of nearly €87 million for Agropole Nord

The Bank's contribution accounts for 30.7% of the estimated €283.05 million total project cost

Meeting in Abidjan on Wednesday 22 November 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a €86.89 million loan to Senegal to develop an agribusiness processing zone in the north of the country. The Bank's contribution accounts for 30.7% of the estimated €283.05 million total project…

African Development Bank Group (AfDB)

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    • Contanna's digital marketing strategy included producing a promotional video for its product line
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    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company (1)
    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company (2)
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Source: African Development Bank Group (AfDB) |

Adja Sembene Fall, Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success

The 2022 AgriPitch competition, which started last October, received nearly 750 complete entries from entrepreneurs in the agriculture sector – or “agripreneurs” – from 38 African countries

Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard…

African Development Bank Group (AfDB)

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    • Thousands of young people and women in Senegal have been trained in specific trades thanks to the African Development Bank’s Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People
    • These young people in Senegal have turned their back on illegal immigration thanks to the support provided by the PAVIE project
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Source: African Development Bank Group (AfDB) |

African Development Bank embraces ‘risky’ entrepreneurs: Young fishers in Senegal increase their incomes threefold and turn their backs on illegal immigration

The Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People focuses on training, support for formalising businesses, funding and post-funding follow-up with the beneficiaries to ensure that interventions are sustainable

Launched in 2020, the Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People (PAVIE) (https://apo-opa.info/44tUHxa) implemented in Senegal, is producing significant socioeconomic transformations that are benefiting young people and women. The project has been extended by a year to complete its implementation under optimal conditions, according to…