We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • Dr Akinwumi Adesina (left) and President Samia Suhulu Hassan of Tanzania discuss bold measures to feed Africa during the World Food Prize Norman E Borlaug Dialogue. Iowa, October 2024
    • Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa
    • Dr Akinwumi Adesina, the President of the African Development Bank Group
  • All (3)
Source: African Development Bank Group (AfDB) |

Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa

Each youth is given 10 acres of land and is supported by training, already 11,000 have benefitted and this year’s harvest has begun

Tanzania achieves 128% food self-sufficiency, one of continent’s two successful cashew nut processors If you are not investing in Africa, what are you doing? – Akinwumi Adesina Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The "Job Creation for Youth and Women in Climate Smart Agriculture Value Chains and Waste Management” project targets value chains where the youth and women are more active, such as cassava and fisheries
  • All (1)
Source: African Development Bank Group (AfDB) |

Sierra Leone: African Development Fund approves $20 million grant for youth and women jobs

The grant, part of the Transition Support Facility’s Pillar 1, aims to tackle the root causes of fragility and insecurity in Sierra Leone

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (www.AfDB.org), approved a $19.95 million grant for an initiative to provide livelihood for Sierra Leone’s women and youth. The "Job Creation for Youth and Women in Climate Smart Agriculture Value Chains and…

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

REISSUE: 2024 Annual Meetings: African Development Bank President Outlines Gains of Historic 2023 Dakar 2 Summit

Bank will invest $2.9 billion to support the Country Food and Agriculture Delivery Compacts; appoints Special Envoys to fast-track implementation

Since the Dakar 2 Summit (https://apo-opa.co/4bBfGm1), six African countries have set up Presidential-level Councils to drive implementation of the Country Food and Agriculture Delivery Compacts agreed at the summit, while another twelve countries are at various stages of establishing their councils. Presidential Councils have taken off in Tanzania, Democratic Republic of…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • L-R: AfDB Executive Director Rufus Darkortey; Seedy Keita, Finance Minister and AfDB Governor for The Gambia; Mohammed Amin Adam, Minister of State, Ministry of Finance and Economic Planning, Ghana; Augustus Flomo, Deputy Minister for Economic Management, Liberia; Bockarie Kalokoh, Deputy Minister of Finance, Sierra Leone; and Muhammad Bashar Muhammad, Undersecretary of Economic Planning, Sudan
  • All (1)
Source: African Development Bank Group (AfDB) |

Five African Development Bank (AfDB) regional member countries set to join African Development Fund replenishment

The Gambia, Ghana, Liberia, Sierra Leone and Sudan plan to contribute $1 million each to ADF’s next replenishment cycle

Five African Development Bank (www.AfDB.org) Governors have signed an agreement committing to contribute at least $1 million to the replenishment of the African Development Fund (ADF), the concessional window of the Bank Group. Under the self-initiated agreement, the five-member constituency—The Gambia, Ghana, Liberia, Sierra Leone, and Sudan—will contribute to the…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • West African Monetary Institute to receive $8 million from African Development Fund to support enhanced banking identification and financial sector efficiency in the West African Monetary Zone (1)
    • West African Monetary Institute to receive $8 million from African Development Fund to support enhanced banking identification and financial sector efficiency in the West African Monetary Zone (2)
  • All (2)
Source: African Development Bank Group (AfDB) |

West African Monetary Institute to receive $8 million from African Development Fund to support enhanced banking identification and financial sector efficiency in the West African Monetary Zone

The project is expected to enhance financial sector efficiency within the participating countries, leading to increased access to finance and further regional integration efforts

The Board of Directors of the African Development Fund has approved $8 million in funding toward the establishment of a digitally interoperable unique bank identification system and harmonised customer identification framework for The Gambia, Guinea, Liberia and Sierra Leone. Implementation of the project will commence in July 2023, led by the…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Project beneficiaries installing a water meter in Freetown
  • All (1)
Source: African Development Bank Group (AfDB) |

An African Development Bank project is creating skills and new jobs for the youth in Sierra Leone

The project has seen the training of young people in plumbing and business management

An African Development Bank-funded (http://www.AfDB.org) project in Sierra Leone is fast building technical and business skills for young people in the country. Approved by the bank’s board four years ago, the Freetown Water, Sanitation, Hygiene and Aquatic Environment Revamping Project has strongly supported training and helped form micro and small…

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

Sierra Leone: African Development Fund extends additional grant funding of $12 million to boost drive for self-sufficiency in rice

The new tranche, to be sourced from the 2022 Performance-based Allocation, will fill a funding gap in the project’s total cost of nearly $37 million

The Board of Directors of the African Development Fund has approved $12.16 million in additional grant funding for the Rice Agro-Industrial Cluster Project in Sierra Leone. The project was first approved in November 2021. The new tranche, to be sourced from the 2022 Performance-based Allocation, will fill a funding gap…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Government representatives and experts from the Bank and the Mano River Union, joined by women traders to launch the BI-BEST project
  • All (1)
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)

  • Multimedia content

  • Images (1)
    • Seedlings under sustainable cultivation in Ghana for use in the production of biomass fuel
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank's Sustainable Energy Africa Fund for Africa approves $1 million reimbursable grant to develop bioenergy plants in Ghana and Sierra Leone

The reimbursable grant will strengthen the project’s bankability by supporting technical feasibility studies and regulatory structuring

The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS) has approved a reimbursable grant of $1 million to NewAfrica Impact Ltd (http://www.NewAfricaImpact.com) to prepare two bioenergy plants in Sierra Leone and Ghana that will each output 5 megawatts of electricity and 11 megawatts of heat. The reimbursable grant will strengthen the project’s…

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

Sierra Leone: African Development Fund Approves $2 Million Grant to Boost Food Production

The project will be rolled out through the established e-wallet input distribution system over two cropping seasons, beginning in 2022

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (www.AfDB.org), has approved a grant of $2 million to boost food production in Sierra Leone. The program falls under the African Development Bank Group’s $1.5 billion African Emergency Food Production Facility (https://bit.ly/3cB1QpX),…