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

Ethiopia: African Development Bank approves $50 million Trade Finance Transaction Guarantee Facility to Awash Bank for support to Small and Medium Sized Enterprises (SMEs) and local corporates

This facility will enable the Bank to provide a guarantee of up to 100 percent to confirming banks for the non-payment risk arising from the confirmation of Letters of Credit and similar trade finance instruments issued by Awash

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash) (https://apo-opa.co/44ecHyL), in Ethiopia.   This facility will enable the Bank to provide a guarantee of up to 100 percent…

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

African leaders urge United States (U.S.) to embrace investment-driven partnerships and review tariffs

What is needed is more trade between Africa and the U.S., not less—Adesina

African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic potential. Addressing more than 2,000 government and business leaders, and other delegates at the U.S.-Africa business summit in the capital Luanda, Angolan President…

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

African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M) to tell a New African Story on Regional Integration

With the Bank’s new Ten-Year Strategy (2024-2033) firmly rooting Integrate Africa as a major pillar, the conversations centred on what is to come following 10 years of investing in Africa’s integration

The African Development Bank Group ( www.AfDB.org) has unveiled its first edition of Integrate Africa Magazine (I.A.M.) during a colourful ceremony at the Sofitel Hotel, Abidjan. The event, held on Monday 26 May as part of the Bank’s 2025 Annual Meetings, marks the beginning of a new African story – celebrating…

African Development Bank Group (AfDB)

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    • By investing in Arise IIP, the African Development Bank will contribute to the construction of special economic zones across Africa
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Source: African Development Bank Group (AfDB) |

The African Development Bank approves an investment of US$100 million in Arise Integrated Industrial Platforms Limited.

Arise IIP seeks to replicate its successful industrial platform implementation experience in Gabon, Togo and Benin by establishing Special Economic Zones across other African countries with the aim of improving Africa’s export competitiveness

The Board of Directors of the African Development Bank (www.AfDB.org) has approved an investment of $100 million in the industrial platform developer and operator Arise Integrated Industrial Platforms Ltd (Arise IIP) to contribute to funding industrial parks and special economic zones across Africa as a part of our industrialization strategic…

African Development Bank Group (AfDB)

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    • African Development Bank’s Adesina Warns of Economic Shockwaves from United States (U.S.) Tariffs, Calls for Strategic Global Engagement
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Adesina Warns of Economic Shockwaves from United States (U.S.) Tariffs, Calls for Strategic Global Engagement

Africa should engage the U.S. through “flexible and constructive” trade negotiations, Adesina says in exclusive interview with CNN’s Amanpour

As the United States imposes higher tariffs with global ramifications, African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships.  In an exclusive interview with CNN’s Christiane Amanpour,…

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

From Aid to Investment: Africa Investment Forum Builds $225B Momentum in Making Continent Bankable

Partners Set Stage for Expanded 2025 Market Days Following Last Year's Record $29.2B in Investment Interest

Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated $29.2 billion of investment interest, its nine founding partners are bracing for an even bigger and better event later this year. The 2024 Africa Investment Forum Market Days attracted more than 2,300 investors and participants from 83 countries…

African Development Bank Group (AfDB)

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    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (1)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (2)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (4)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (5)
    • African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Annual Meetings 2025 to focus on harnessing Africa’s capital for continent’s development

The African Development Bank’s 2025 African Economic Outlook report to be released during the annual meetings would address the changing global economic landscape

The African Development Bank Group’s (www.AfDB.org) 2025 Annual Meetings next month will take a deep dive into how Africa can better harness its wealth of capital and address current issues such as heavy debt burdens, climate change and rising tariffs in a complex geopolitical landscape, the institution’s Secretary General and Chief…

African Development Bank Group (AfDB)

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    • African Development Bank’s Tanzania Country Manager, Patricia Laverley (right), and BOAT’s Deputy Managing Director, Hamza Cherkaoui, display signed copies of the $7.5 million trade finance transaction guarantee agreement
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Source: African Development Bank Group (AfDB) |

African Development Bank and Bank of Africa Tanzania sign $7.5 million facility to boost trade finance

The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector

The African Development Bank (www.AfDB.org) and the Bank of Africa Tanzania (BOAT) have signed a $7.5 million trade finance transaction guarantee facility to boost trade finance activities of the Bank of Africa in Tanzania. Under this facility, the African Development Bank will provide a guarantee of up to 100% to…

African Development Bank Group (AfDB)

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    • Mano River Union delegation with women traders on the Busia border (in pink)
    • A Liberian woman trader (in jacket) engages the One-Stop-Border point management on the Kenya side
    • A delegation of the study tour, comprising women traders and border officials from Liberia and Sierra Leone, as well as representatives from the African Development Bank at the One-Sto- Border-Post in Busia
    • Bank and BIBEST project staff engaging a Kenyan female mechanic, who is also a cross border trader in Busia
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Source: African Development Bank Group (AfDB) |

Mano River Union Delegation Studies Successful Border Post Model to Enhance Women’s Cross-Border Trade

The delegation held discussions with Kenya’s Ministry of Investments, Trade and Industry, the National AfCFTA Committee, TradeMark Africa, Busia Border management authorities, and local women cross-border traders

A Mano River Union (MRU) delegation recently concluded a successful study tour of the ‘Busia One Stop Border Post’ (OSBP) between Kenya and Uganda, gaining valuable insights into efficient cross-border trade systems that benefit women traders. The tour brought together women traders and border officials from Liberia and Sierra Leone,…

African Development Bank Group (AfDB)

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    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (1)
    • African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million

The African Development Bank Group (www.AfDB.org) and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade across Africa. The agreement includes a R3.6 billion investment in a social bond and a $200 million Risk Participation…