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African Development Bank Group (AfDB)

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    • Representatives of the Ivorian government, the African Development Bank, the Central Depository/Settlement Bank, the UMOA Financial Markets Authority and financial market players took part in the launch ceremony for the DIGIAPE platform
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Source: African Development Bank Group (AfDB) |

Côte d'Ivoire: The African Development Bank's Capital Markets Development Trust Fund (CMDTF) supports establishment of digital platform for public offerings

DIGIAPE is expected to reduce settlement times and enable real-time allocation of securities at close, creating a more attractive environment for international investors

The Central Depository/Settlement Bank (DC/BR) has officially launched its new digital platform for public offerings (DIGIAPE), with support from the African Development Bank (www.AfDB.org). DIGIAPE will automate primary market subscriptions in the West African Monetary Union's (UMOA) regional financial market, enhancing both the transparency and reliability of securities allocations while…

African Development Bank Group (AfDB)

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    • An artificial intelligence engineer at Neotex.ai registers livestock using the Halisi Livestock app (courtesy of Neotex.ai)
    • Animal identity fraud detected by facial recognition using the Halisi Livestock app (courtesy of Neotex.ai)
    • Jenny Ambukiyenyi Onya, co-founder of Neotex.ai, the start-up that created the Halisi Livestock app (courtesy of Neotex.ai)
    • Livestock farmers who have received microloans thanks to the Halisi Livestock app herd their sheep and cattle in Kajiado County, Kenya (courtesy of Neotex.ai)
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Source: African Development Bank Group (AfDB) |

World Youth Skills Day: For Jenny Ambukiyenyi Onya, Artificial Intelligence (AI) is transforming African women livestock farmers’ herds into a source of finance

The company she founded, Neotex.ai, has rolled out its services in new rural areas in Kenya, registering more than 1,250 head of livestock and proving the viability of its model

A dirt road in Kenya. Heavy heat shimmers over the surrounding savannah. A loan officer approaches a herd of cattle and pulls out a smartphone. Standing next to the owner, a woman with a proud yet cautious gaze, he photographs an animal. Hundreds of miles away, an artificial intelligence algorithm…

African Development Bank Group (AfDB)

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    • From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings (1)
    • Caroline Kende-Robb, Senior Director of Strategy and Operational Policies at the Bank
    • From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings (2)
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Source: African Development Bank Group (AfDB) |

From Strategy to Action: African Development Bank and Google Explore Africa’s Artificial Intelligence (AI) Future at the 2025 Annual Meetings

As Africa moves forward in artificial intelligence, the African Development Bank reaffirms its commitment to shaping a digital future that is inclusive, sovereign, and anchored in shared prosperity

One side event at the African Development Bank Group’s (www.AfDB.org) 2025 Annual Meetings unpacked the use of Artificial Intelligence (AI) as a powerful tool to advance inclusive and sustainable development across the African continent. Held under the theme: “The AI Revolution: How Will AI Support the Delivery of the African…

African Development Bank Group (AfDB)

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    • African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity
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African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity

The project advances Cabo Verde’s goal of generating 50% of its electricity from renewables by 2030 as well as its Nationally Determined Contribution under the Paris Agreement

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €19.6 million financing package to support the Cabeólica Phase II Expansion Project in Cabo Verde. The project is the country’s first renewable energy initiative to integrate wind power generation and battery energy storage systems (BESS) at…

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

African Development Bank funds second Tech Park in Mindelo

The campus currently hosts ten companies from four countries and employs 125 young professionals, with 80% of its 25 office spaces occupied

Cabo Verde has inaugurated the Mindelo Technology Park, completing the second campus of the TechPark CV project funded by the African Development Bank (www.AfDB.org). The facility aims to establish the country as a digital hub connecting Africa with global markets.  The ceremony took place on May 6 with representatives from…

African Development Bank Group (AfDB)

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    • Botswana: AfDB’s support to Lobatse Clay Works
    • Botswana: AfDB’s support to Delta Automotive Technologies Botswana (Pty) Ltd
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    • Delta Automotive's skilled workforce crafts precision wiring harnesses that power Volkswagen and Nissan vehicles, showcasing Botswana's growing footprint in global automotive manufacturing
    • Delta Automotive makes wiring harnesses primarily for Volkswagen and Nissan vehicles
    • A skilled technician at Delta Automotive Technologies carefully positions a freshly manufactured wire roll onto the storage rack, preparing it for the next critical phase in the wiring harness production process
    • A Delta Automotive Technologies representative demonstrates a complete wire harness set and explains its functionality
    • Delta Automotive technician perfects critical wire Harness destined for South African auto assembly lines
    • One of the female workers at Delta Automotive Technologies knitting wires together
    • Some female workers at Delta Automotive Technologies carefully knitting wires together
    • A worker at the Delta Automotive plant carefully knits wires together
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Source: African Development Bank Group (AfDB) |

Wiring Africa's industrial future: African Development Bank’s helping to spur Botswana's automotive revolution

Across sprawling factory floors, hundreds of skilled hands meticulously assemble intricate wiring harnesses - components that will eventually power Volkswagen and Nissan vehicles across Africa and beyond

The Botswanan town of Lobatse, some 70 km south of Gaborone, has been transformed into a vibrant manufacturing centre. Across sprawling factory floors, hundreds of skilled hands meticulously assemble intricate wiring harnesses - components that will eventually power Volkswagen and Nissan vehicles across Africa and beyond. In the automotive industry, wire…

African Development Bank Group (AfDB)

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    • AfDB Manager Mohamadou Ba (second from right) with Gates Foundation Program Officer Thao Hong (far left), the French Treasury's Clarisse Senaya (second left), AFD's Head of Financial Systems Audrey Brule-Françoise (center left), AfDB Principal Officer Mariam Yeo-Dembele (center right) and ADFI Communications lead Louise Simpson (far right)
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Source: African Development Bank Group (AfDB) |

Agence française de développement commits additional €3 million to Africa Digital Financial Inclusion Facility to boost digital financial inclusion

The African Development Bank and AFD co-founded ADFI in 2019 with the Gates Foundation and the Ministry of Finance of the Government of Luxembourg

The Agence française de développement (AFD) has committed an additional €3 million to the African Development Bank (www.AfDB.org) -managed Africa Digital Financial Inclusion Facility (ADFI) (https://apo-opa.co/4iXF6xK) to accelerate financial inclusion in Africa.  The increase brings AFD’s total funding to over €5 million. The resources will support the ADFI partnership in…

African Development Bank Group (AfDB)

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    • Participants at the signing of a tripartite agreement for a drone-driven initiative to strengthen disaster preparedness in Mozambique
    • From left to right: Mr. Changmoon Yang, MD of Busan Techno Park, South Korea; Mozambique’s Minister of Communication and Digital Transformation; and Akposso Marcelle, Division Manager, AfDB, at the signing of a tripartite agreement for a drone-driven initiative to strengthen disaster preparedness in Mozambique
    • A prototype drone for an initiative to strengthen disaster preparedness in Mozambique
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Source: African Development Bank Group (AfDB) |

African Development Bank and Mozambique launch drone-based initiative to strengthen country’s disaster preparedness

The Drone-Based Disaster Management Project will establish a drone training centre in Mozambique to train 30 professionals, including 10 instructors

The African Development Bank (www.AfDB.org), the government of Mozambique, and Korea’s government agency Busan Technopark have launched an innovative drone-driven initiative to strengthen disaster preparedness in Mozambique, a country frequently hit by floods, mudslides, cyclones, and other weather-related crises.   The launch event took place in Maputo, on Thursday, April 3.  …

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

African Development Bank Partners with AXIAN Telecom to Accelerate Africa's Digital Transformation

Over $10 million will be dedicated to empowering 22,000 women entrepreneurs in Madagascar through AXIAN’s Mvola platform

The African Development Bank (www.AfDB.org) has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will accelerate the modernization and expansion of AXIAN Telecom‘s network infrastructure, with a focus on 4G and 5G deployment; while…

African Development Bank Group (AfDB)

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    • African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa

This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures

The African Development Bank (www.AfDB.org) has announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund) to propel climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused…