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 (1)
    • Sudan ups its replenishment of the African Development Fund to $3 million. Finance minister Dr Gebreil Ibrahim Mohamed Fediel (2nd left) makes the announcement at a meeting with Dr. Akinwumi Adesina AfDB President (3rd left) and ministers from Sierra Leone, Gambia and Liberia
  • All (1)
Source: African Development Bank Group (AfDB) |

African countries push for $25 billion replenishment of the African Development Fund as Sudan tops up its pledge

The current $8.9 billion three-year financing cycle or the 16th replenishment, which ends in 2025, was the largest ever in the history of the African Development Fund

Sudan has increased its pledged contribution to the replenishment of the African Development Fund to $3 million, its Minister for Finance and Economic Planning Dr Gebreil Ibrahim Mohamed Fediel announced. Fediel made the announcement during a meeting with his Sierra Leonean counterpart, Sheku Ahmed Fantamadi Bangura, Gambian Finance Minister Seedy Keita,…

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

African Development Bank, World Food Programme (WFP) project boosts wheat production in war-torn Sudan amid soaring hunger

The yield of 645,000 metric tonnes of wheat this year accounted for 22 percent of the total wheat consumption needs of Sudan

An emergency wheat production project in Sudan financed by the African Development Bank (www.AfDB.org) and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across five states within the past year. The African Development Bank…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • (L-R) Sudan’s Finance Minister and African Development Bank Governor, Dr. Gebreil Ibrahim Mohamed Fediel, warmly shakes hands with Rufus N. Darkortey, the Bank’s Executive Director for The Gambia, Ghana, Liberia, Sierra Leone, and Sudan
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank reaffirms support for Sudan amid civil conflict

The Bank approved $74 million for the Sudan Emergency Wheat Production project, implemented by the World Food Program, which is enhancing food security and wheat production

The African Development Bank (www.AfDB.org) has reassured Sudan of its continued support in providing humanitarian and economic assistance, while addressing other priority needs amid the country’s ongoing civil conflict. Rufus N. Darkortey, the Bank’s Executive Director representing The Gambia, Ghana, Liberia, Sierra Leone, and Sudan, reaffirmed this commitment during discussions…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Bank Executive Director Rufus Darkortey (right) welcoming Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing Conflict

The meeting between Ambassador Abdelhamid and Mr. Darkortey signifies a collaborative effort between the African Development Bank and Sudan to address challenges and pave the way for a more resilient future for the country

Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire, recently paid a courtesy visit to Mr. Rufus N. Darkortey, Executive Director for Sudan at the African Development Bank (www.AfDB.org). The meeting, held on April 4, 2024, at the African Development Bank’s headquarters in Abidjan, focused on collaborative efforts…

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

African Development Bank, United Nations High Commissioner for Refugees (UNHCR) explore pathways to support forcibly displaced people in South Sudan

Since the start of the war in Sudan 300 days ago, more than half a million people have arrived in South Sudan, most of them South Sudanese who had been in Sudan for decades

During a joint visit to South Sudan, the African Development Bank (www.AfDB.org) and UNHCR, the UN Refugee Agency, committed to deepening their collaboration for displaced people and host communities in the country. Since the start of the war in Sudan 300 days ago, more than half a million people have…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Hydropower plants like Kinguélé Aval in Gabon can, with refurbishment, play a key role in Africa's energy transition by reducing reliance on fossil fuel-derived electricity
  • All (1)
Source: African Development Bank Group (AfDB) |

Multinational: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to provide $9.72 million to modernise the African Hydropower Fleet

The project fully aligns with the Bank's New Deal on Energy for Africa, which aims to provide universal access to energy for Africans, prioritising low-carbon technologies that harness the continent's hydro, solar, geothermal, and wind resources

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org/SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this new funding, AHMP will expand the modernisation of a…

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 (1)
    • Daf'Allah Mohamed Ahmed is one of more than 1,400 farmers and stakeholders taking part in the TAAT program, set to expand under the African Emergency Food Production Facility program for Sudan approved by the African Development Bank Board
  • All (1)
Source: African Development Bank Group (AfDB) |

Sudan: African Development Bank Group commits nearly $74 million to boost wheat production

Agriculture is the backbone of the Sudanese economy, accounting for 60% of total national exports and generating a third of its gross domestic product

The Board of Directors of the African Development Bank Group (http://www.AfDB.org) on 9 December 2022 in Abidjan approved $73.81 million to finance the Sudan Emergency Wheat Production Project under the Bank’s African Emergency Food Production Facility. Agriculture is the backbone of the Sudanese economy, accounting for 60% of total national…

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

Radio News Release (Soundbite): The African Development Bank helped Sudan reduce its wheat imports by 50% thanks to drought-tolerant seeds, says African Development Bank President Akinwumi Adesina

The soundbite below is copyright free and can be used at will, without asking for authorization

The recording is an excerpt of African Development Bank (www.AfDB.org) President Akinwumi Adesina’s opening statement at the meeting of African Ministers of Finance and Ministers of Agriculture jointly organized by the African Union Commission and the African Development Bank Group on 19 May 2022. Its objective was to discuss the…

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

Sudan: African Development Bank Group approves proposal to clear $413 million arrears

The proposal enables the Bank to proceed with clearing Sudan’s arrears with the African Development Bank Group, with the support of the United Kingdom and Sweden

The Boards of Directors of the African Development Bank (www.AfDB.org) Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution, marking a major milestone in the country’s re-engagement with international financial institutions and the global economy. The…