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African Development Bank Group (AfDB)

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    • African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries (1)
    • African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries (2)
    • Govt, SADC, and AfDB representatives join stakeholders for the 2025 World Fisheries Day celebrations in Botswana
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Source: African Development Bank Group (AfDB) |

African Development Bank Group-funded fisheries programme impacts two million people, drives economic transformation in 16 Southern African Development Community (SADC) countries

$9.2 million initiative boosts cross-border fish trade to over 500,000 tonnes, creating jobs and strengthening food security across Southern Africa

A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes. The Program for Improving Fisheries Governance and Blue Economy Trade Corridors (PROFISHBLUE) (https://apo-opa.co/3Y8pOgL) has generated cross-border trade volumes…

African Development Bank Group (AfDB)

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    • The African Development Bank’s transaction guarantee for CCA-Bank will support imports of equipment for the industrial, agro-industrial and telecommunications sectors, to support Cameroon's industrialisation
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank Group approves €25 million trade finance facility to enable Crédit Communautaire d'Afrique-Bank expand support to Small and Medium-Sized Enterprises (SMEs)

The facility, approved at a Board session held on 1 December in Abidjan, will be deployed as a Transaction Guarantee, a Bank Group product that provides risk cover to eligible African banks for their trade finance transactions

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved financing of €25 million to help Cameroon’s Crédit Communautaire d'Afrique-Bank (CCA-Bank) expand its trade finance offerings to small and medium-sized enterprises (SMEs) and other businesses. The facility, approved at a Board session held on 1 December in…

African Development Bank Group (AfDB)

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    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (1)
    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (2)
    • Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million (3)
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Source: African Development Bank Group (AfDB) |

Union of the Comoros: Launch of the maritime corridor project supported by the African Development Bank Group to the tune of $137 million

The project aims to modernise port infrastructure that is essential to the economic development of the islands of the Union of the Comoros, facilitate trade and strengthen regional connectivity

The President of the Union of the Comoros, Azali Assoumani, presided over the official launch ceremony for the Maritime Corridor and Regional Trade Facilitation Project (https://apo-opa.co/4hA9Zsl), financed by the African Development Bank Group (www.AfDB.org) to the tune of $137 million. Senior Bank officials attended the ceremony, which took place on 27…

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

Africa Resilience Forum 2025: Development leaders call for high-quality border infrastructure to facilitate free movement of goods and people

In January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA) to increase intra-African trade and stimulate inclusive and sustainable development in industry, infrastructure, and agriculture

The political will to build quality infrastructure at borders, including the construction of a single digitised checkpoint between two neighbouring countries, should facilitate the free movement of people and goods and help streamline cross-border trade in Africa, participants in the sixth edition of the Africa Resilience Forum (http://apo-opa.co/4mPrYfq), heard on…

African Development Bank Group (AfDB)

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    • AfDB President Sidi Ould Tah urges the private sector to play a central role in the structural transformation of African economies
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Source: African Development Bank Group (AfDB) |

Africa must seize global trade disruption as 'historic opportunity,' leaders tell private sector

African leaders see the moment as critical for the continent to strengthen intra-African commerce and reduce dependence on external markets

Ivorian Prime Minister Robert Mambé and African Development Bank Group (www.AfDB.org) President Sidi Ould Tah have urged Africa’s private sector to take centre stage in the continent’s economic transformation, stressing that the current global trade disruptions present an opportunity rather than a threat. The two leaders were speaking on Monday…

African Development Bank Group (AfDB)

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    • African Development Bank Group (AfDB) approves $10 million trade finance guarantee to Exim Bank Tanzania to support Small and medium-sized enterprises (SME) and local corporates
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Source: African Development Bank Group (AfDB) |

African Development Bank Group (AfDB) approves $10 million trade finance guarantee to Exim Bank Tanzania to support Small and medium-sized enterprises (SME) and local corporates

Exim Bank is Tanzania’s fourth largest bank, with operations in Uganda, Djibouti, and Comoros

The African Development Bank Group (www.AfDB.org) Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk trade deals. The facility will provide up to 100 percent guarantees to international confirming banks against risks of non-payment. This support will…

African Development Bank Group (AfDB)

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    • Ms. Hana Tehelku, Director General of the Ethiopian Capital Market Authority (5th from right), and Mrs. Akane Zoukpo Sanankoua, AfDB Manager for Capital Markets Development (4th from right), sign a $400,000 grant agreement to strengthen Ethiopia's capital markets infrastructure and offerings, flanked by members of both organizations
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Source: African Development Bank Group (AfDB) |

Ethiopia: African Development Bank provides $400,000 for Public Disclosure Platform to boost capital market

The planned public disclosure platform will facilitate timely and accurate dissemination of company information to investors, shareholders, and other market participants, thereby enhancing decision-making and fair price discovery

The African Development Bank Group (www.AfDB.org) and the Ethiopian Capital Market Authority (ECMA) have signed a grant agreement for $400,000 for the set up of a public disclosure platform and rollout of new financial products including exchange traded funds and green bonds at the Ethiopian Securities Exchange The grant, which…

African Development Bank Group (AfDB)

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    • African Development Institute Director Eric Ogunleye (fifth from left) and Nigerian Economic Society Council Members, including their President, Prof. Adeola Adenikinju (sixth from right), at the opening session of the 66th NES Annual Conference
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Source: African Development Bank Group (AfDB) |

African leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference

The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners

African leaders, experts, the African Development Bank (www.AfDB.org) and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across the continent. Opening the Nigerian Economic Society’s (NES) 66th Annual Conference in Abuja on Tuesday, Nigeria’s Vice President Kashim Shettima stated that Nigeria’s…

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

Ninth Tokyo International Conference on African Development (TICAD9): Japan and African Development Bank sign agreement to extend Enhanced Private Sector Assistance for $5.5 billion sixth phase

The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms

The government of Japan and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and JICA will…

African Development Bank Group (AfDB)

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    • Participants at the Africa50 General Shareholders Meeting in Maputo
    • African Development Bank President Akinwumi Adesina discusses Africa50's transformation over the past eight years
    • From left to right: Alain Ebobissé, CEO of Africa50; Carla Alexandre Loveira, Mozambique's Minister of Finance; Daniel Francisco Chapo, President of Mozambique; and Akinwumi Adesina, President of AfDB and Africa50 Chair, at Africa50's General Shareholders Meeting in Maputo
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Source: African Development Bank Group (AfDB) |

Africa50 Sets New Benchmark in Infrastructure Financing, Surpasses $1.4B in Managed Assets

Africa50 also sealed two significant pan-African deals, including the first close of the Alliance for Green Infrastructure in Africa (AGIA), an initiative envisioned by Dr. Akinwumi Adesina

Eight-Year Journey from Single Employee to 100-Strong Team Managing $8 Billion Portfolio Value Demonstrates Africa's Infrastructure Investment Potential. Africa50 symbolises the new Africa; an Africa that depends on itself, promotes cooperation between Africans, and builds shared prosperity, says President of Mozambique Africa50 (www.Africa50.com), the investment platform established by African governments…