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African Development Bank Group (AfDB)

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    • African Development Bank’s Johannesburg Deal Signals a New Era in City-Led Urban Investment (By Bleming Nekati)
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Johannesburg Deal Signals a New Era in City-Led Urban Investment (By Bleming Nekati)

This funding will have a direct and tangible impact on the daily lives of Johannesburg residents by strengthening basic services and expanding economic opportunities

 Bleming Nekati is the Regional Head for Private Sector Operations in Southern Africa at the African Development Bank (www.AfDB.org). In June 2025, a quiet but important decision marked a real turning point in African urban finance. The African Development Bank's Board of Directors approved a ZAR 2.5 billion ($139 million)…

African Development Bank Group (AfDB)

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    • Energy transition programme beneficiaries install solar panels in a South African community
    • Three young women participate in a National Business Initiative skills training program, gaining practical trade skills to support South Africa's economy
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Source: African Development Bank Group (AfDB) |

African Development Bank awards $1 million grant to support green skills development for South Africans, with focus on youth

The National Business Initiative, an independent, business movement of nearly 100 South African and multi-national companies, will implement AfDB’s $1 million FAPA grant

The African Development Bank (www.AfDB.org), through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a dynamic, demand-led skills ecosystem that enables South Africans, particularly young people, to access emerging job opportunities in…

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

African Development Bank approves ZAR 2.5 billion loan to City of Johannesburg for critical urban infrastructure development

First direct lending to a subnational entity in Africa will support water, electricity, and waste management systems for Africa's largest economic hub

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a ZAR 2.5 billion (approximately $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality, marking the Bank's first direct lending to a subnational entity in Africa.   The transaction will finance critical infrastructure projects in electricity,…

African Development Bank Group (AfDB)

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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) |

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. …

African Development Bank Group (AfDB)

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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) |

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…

African Development Bank Group (AfDB)

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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) |

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/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…

African Development Bank Group (AfDB)

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    • Africa’s Green Growth Agenda: Unlocking Opportunities for a Climate-Resilient Future
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Source: African Development Bank Group (AfDB) |

Africa’s Green Growth Agenda: Unlocking Opportunities for a Climate-Resilient Future

By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future

The African Development Bank Group (www.AfDB.org) participated in the third edition of the Africa’s Green Economy Summit (AGES) (https://apo-opa.co/4izmWCf) in Cape Town, South Africa, from 18 – 21 February, 2025. The annual Summit, hosted by the African Union, brought together policy makers, stakeholders, private sector and experts who discussed Africa’s…

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    • The fifth edition of the Finance in Common Summit concluded on Friday in Cape Town
    • FICS 2025: African Development Bank's Director General for Southern Africa, Leila Mokaddem, emphasized that Africa's green transition must be inclusive
    • At the 2025 Finance in Common Summit, senior leaders of the African Development Bank stressed the need for urgent action
    • On the sidelines of the 2025 Finance in Common, the African Development Bank called on G20 nations to enhance financial commitments
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Source: African Development Bank Group (AfDB) |

Finance in Common Summit urges global development finance institutions to harness collective power to address global poverty

African Development Bank leaders champion climate finance and just transition

The fifth edition of the Finance in Common Summit (FiCS) concluded on Friday in Cape Town, South Africa, with strong calls for global development finance institutions to work together to address poverty and development challenges. South African Finance Minister Enoch Godongwana led the call. The summit, which was co-sponsored by…

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    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (1)
    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million

The African Development Bank Group (www.AfDB.org) and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade across Africa. The agreement includes a R3.6 billion investment in a social bond and a $200 million Risk Participation…

African Development Bank Group (AfDB)

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    • South Africa's Just Energy Transition Jobs First Project partners gathered to foster inclusive and sustainable green practices in South Africa’s Just Energy Transition. Bottom row (from left to right): Hayley Sylvester (UVU Accelerate), Anne-Charlotte Garnier (AFD), Nina Kolybashkina (CIF), Slim Dali (AFD), Patricia Pena (Global Affairs Canada), Peter Nonyane (Mpumalanga Department of Social Development), Middle row (from left to right), Suhana Bisnath (UVU Africa), Chiagozie Obuekwe (CIF). Andisiwe Gcali (Global Affairs Canada), Neil Cole (JET PMU South Africa Presidency), Nawsheen Elaheebocus (AfDB), Nkosinathi Nkonyane (MGCA), Back row (from left to right) (from left to right) Lore Manonyane (Mpumalanga Provincial Treasury), Shauna Flanagan (Global Affairs Canada)
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Source: African Development Bank Group (AfDB) |

Advancing Gender Equality in South Africa’s Just Energy Transition

Through direct engagement with local voices, the Project is fostering a collaborative environment where grassroots insights are prioritized, building a foundation for a more inclusive energy transition that centres around community needs

A series of impactful events held between November 12-15 marked several strides forward in advancing gender equality in South Africa’s Just Energy Transition.   Organized by the Mpumalanga Green Cluster Agency, the Project Implementation Unit, with support from the Climate Investment Funds (https://apo-opa.co/4iDmV0s) and the African Development Bank, the week-long programme’s…