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African Development Bank Group (AfDB)

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    • (L-R) AfDB Vice President Solomon Quaynor, Kohtaro SABE President & CEO with Marco Yamaguchi, Masahide, following the signing of the LOI. Yokohama, Japan. August 2025
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank and Aerosense Inc sign Letter of Intent (LOI) to advance cooperation and projects in drone technology in Africa

Aerosense Inc.’s drone solution was selected through a call for proposals under the African Development Bank’s Sustainable Road Maintenance Program for Africa (SRMPA) in June 2025

The African Development Bank (www.AfDB.org) and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology in Africa. Aerosense Inc. is a leading Japanese company engaged in drone manufacturing. Representatives of both institutions signed a Letter of Intent on Thursday 21 August, on the sidelines of…

African Development Bank Group (AfDB)

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    • Participants at the kick-off meeting of the RASME Project in Namibia
    • Michael Humavindu, Executive Director at Namibia’s Ministry of Finance, Namibia, launching the RASME Workshop
    • Fidelis Mnyanyi of the African Development Bank, delivering the opening remarks
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Source: African Development Bank Group (AfDB) |

Namibia joins 37 other countries in adopting Information and Communications Technology (ICT) initiative for remote monitoring and evaluation of development projects

Built on the robust Kobo Toolbox platform – an open-source ICT solution developed by the Harvard Humanitarian Initiative – RASME tackles critical challenges in project monitoring

Namibia has become the latest country to adopt cutting-edge technology for development project management, as senior government officials and the African Development Bank (www.AfDB.org) jointly launched the transformative Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) project on Wednesday in Windhoek. The RASME initiative marks a major shift in how development projects…

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

African Development Bank and partners drive data transformation in Africa with Statistical Data and Metadata Exchange (SDMX) and Open Data Platform 2.0 training

SDMX has emerged as a leading global standard for statistical data exchange, enabling greater efficiency, automation, and integration across national, regional, and global statistical systems

The Statistics Department of the African Development Bank (AfDB) (www.AfDB.org), in collaboration with the African Union Institute of Statistics (STATAFRIC), the Africa Centre for Statistics of the United Nations Economic Commission for Africa (UNECA), and other international partners held a week-long Regional Workshop on Statistical Data and Metadata exchange (SDMX)…

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

African Development Bank backs Artificial Intelligence (AI) training to boost Agenda 2063 implementation across Africa

The training is part of broader efforts to enhance institutional and human capacity across the continent

The African Development Bank (www.AfDB.org) is supporting a new Artificial Intelligence (AI) training initiative to advance the implementation of Africa’s continental development blueprint, Agenda 2063: The Africa We Want (http://apo-opa.co/4miWmzo). Through its Joint Secretariat Support Office (JSSO), the Bank provided technical and financial backing for the 5th Annual Training Workshop for…

African Development Bank Group (AfDB)

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    • Photo: African Development Bank Group President, Dr. Akinwumi Adesina (center), and Bank Vice President Dr. Beth Dunford (left) join other MADE Alliance: Africa leadership and members in welcoming the World Bank as Alliance co-chair
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Source: African Development Bank Group (AfDB) |

World Bank Group joins African Development Bank Group and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy (MADE) Alliance: Africa

The World Bank Group will contribute to the initiative its expertise, data driven insights, and experience supporting sustainable digital transformation

The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, joining current co-chairs the African Development Bank Group (www.AfDB.org) and Mastercard in an initiative to provide digital access to critical services for 100 million individuals and businesses across Africa by…

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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Source: African Development Bank Group (AfDB) |

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…