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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…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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…

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

African Development Bank Group to extend facilities worth $200 million and ZAR 3.6 billion to Standard Bank Group to increase trade in Africa and support Small and Medium-sized Enterprises (SMEs)

The partnership will bolster Standard Bank Group’s capital, increase support for small and medium-sized enterprises (SMEs) in South Africa and expand trade across the African continent

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in Africa. The first is a $200 million trade finance risk participation agreement (RPA) for Standard Bank of South Africa Limited; the second is a…

African Development Bank Group (AfDB)

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    • (left to right) HE Nardos Bekele-Thomas, HE Dr David Masondo - Deputy Minister of Finance of South Africa, Ms Leila Farah Mokaddem - DG of Southern Africa, HE Andre Nzapayeke - Dean of Africa Group of Heads of Diplomatic Missions, HE Salih Omar Abdu - The Dean of the Diplomatic Corps in SA and Ambassador of the State of Eritrea in South Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region

The 60th-anniversary celebrations are a testament to the Bank’s resilience and the enduring support of its partners

The African Development Bank (AfDB) (www.AfDB.org) proudly celebrates its Diamond Jubilee, marking 60 years of driving social and economic transformation across the African continent. The Southern African regional celebration, held in Johannesburg, brought together leaders, stakeholders, and partners to reflect on the institution’s remarkable journey and its vision for a…

African Development Bank Group (AfDB)

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    • The loan from the African Development Bank will enable Transnet, which employs over 50,000 people, to continue to play an essential role in the South African economy
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Source: African Development Bank Group (AfDB) |

African Development Bank Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility

The African Development Bank (www.AfDB.org) has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is the first in a series of four tranches planned for an unparalleled financing arrangement to support Transnet’s business’s…

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

South Africa: African Development Bank and Absa unveil multi-billion rand financial package to expand sustainable capital markets, boost economic growth for women and youth

Absa is collaborating with the African Development Bank to enhance skills among both Absa staff and women business owners

The African Development Bank (www.AfDB.org) and Absa Group, one of Africa's leading financial services providers, today celebrated a landmark agreement to mark the execution of a transformative financial package aimed at increasing funding for underserved segments, across South Africa and the continent. The target audience includes women-owned businesses, youth entrepreneurs,…

African Development Bank Group (AfDB)

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    • As the sole operator of ports, railways and oil pipelines, Transnet holds a unique position in the freight logistics sector in South Africa and the Southern African Development Community (SADC) region
    • South Africa boasts the highest level of railway infrastructure in Africa, covering around 30,000 km. It ranks as the world’s 14th largest in length and is notably well-developed compared to other emerging markets
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (1)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (2)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (3)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (4)
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Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa

The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans. The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully…