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African Development Bank Group (AfDB)

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    • Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Urban and Municipal Development Fund (UMDF) and ICEX Spain Trade and Investment team up to boost sustainable urban development in Africa

The agreement will more specifically foster cooperation between the Spanish business entity and the Urban and Municipal Development Fund (UMDF)

ICEX Spain Trade and Investment and the African Development Bank (www.AfDB.org) have signed a cooperation agreement to consolidate engagement of Spain’s private sector for urban development in Africa. The agreement will more specifically foster cooperation between the Spanish business entity and the Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN), a…

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

2019 UN climate change conference (COP25): African Development Bank urges African nations to persist with climate change ambitions as marathon talks end in Madrid

The Bank will also continue to drive initiatives to strengthen the ability of regional member countries to advocate robustly at global forums such as COP 25

The African Development Bank (www.AfDB.org) has urged the continent’s nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to the United Nations Framework Convention on Climate Change (COP 25) in Madrid. The conference was scheduled to run from 2…

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

African Development Bank joins forces with international organisations to help developing countries build resilience to extreme weather

The members of the Alliance have committed to ramping up action that strengthens the capacity of developing countries

The African Development Bank (www.AfDB.org) has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather. Following a series of deadly weather events that have caused widespread destruction, especially in Africa, the institutions came together at…

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

Africa Day at COP 25 takes stock of climate talks

Africa Day marks Africa’s presence and participation at the various United Nations Climate Change Conference (UNFCCC) sessions since COP 17

What:              Africa Day When:             10 December 2019     Where:            Room 3, Hall 4 at IFEMA Conference Centre, Madrid Time:              18:30 to 20:00 Who:               Jointly organized by the African Union Commission, African Development Bank (http://AfDB.org/), and the United Nations Economic Commission for Africa       Officials, experts, activists and journalists…

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

Hola, Madrid! African Development Bank takes the continent’s climate agenda to COP25 in Spain

The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025

The Bank is playing a leading role in guiding progress on climate change on the continent. The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025. The African Development Bank (http://www.AfDB.org) will on Monday kick off a campaign to plead the continent’s case at…

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

African Development Bank’s Sustainable Energy Fund for Africa (SEFA) converts to concessional finance facility

First established in 2012, SEFA is anchored in a commitment of $121 million by the Governments of Denmark, United States, United Kingdom, Italy, Norway and Spain

The African Development Bank’s (www.AfDB.org) Board of Governors has approved the conversion of the Bank-administered multi-donor trust fund SEFA into a “special fund”, to amplify its development impact by allowing it to access a wider range of financial instruments beyond the current scope of technical assistance. Currently, SEFA, the Sustainable…

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

Africa: Sports as a Business and a Brand – by Victor Oladokun

Fans are choosing not to watch live football events, and instead are opting in increasing numbers for the 'intimacy' of their crystal clear digital flat TV screens, or not all

By Dr. Victor Oladokun, is the Director of Communication and External Relations at the African Development Bank (www.AfDB.org) At the ongoing Africa Cup of Nations in Egypt, the visual imagery of  almost empty stadiums is a powerful narrative. But not the kind that African sports, African football, or corporate sponsors…

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

African leaders share their vision for an integrated continent

The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s 2019 Annual Meetings

Leaders from four African countries on Wednesday shared their vision for an integrated and borderless Africa that would foster economic growth and development. The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s (www.AfDB.org) 2019 Annual Meetings. The panelists – President Teodoro Obiang Nguema…

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

African Development Bank President attends Morocco’s Fête du Trône celebrations

In nearly 50 years of partnership, the African Development Bank Group has provided over US$10 billion in development financing to Morocco

The President of the African Development Bank Group (https://www.AfDB.org), Dr. Akinwumi Adesina, participated in the Fête du Trône (Throne Day) ceremony, marking the 19th  anniversary of His Majesty, King Mohammed VI’s accession to the throne. Other international personalities present at the ceremony, which was held on Monday, July 30, 2018…