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African Development Bank Group (AfDB)

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    • African Development Bank sets out two priority areas for the CSP 2024-2029 for Zambia: boosting private sector development through infrastructure investments and developing the country’s agricultural value chain
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Source: African Development Bank Group (AfDB) |

2024-2029 Development priorities for Zambia: Infrastructure and Agricultural Value Chain

The African Development Bank Group will provide assistance to the agricultural sector, concentrating primarily on the development of farm blocks and value chains, to improve the sector’s climate resilience and agricultural productivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas: Boosting the development of the private sector through investments in infrastructure and developing the country’s agricultural value chain. “The aim of…

African Development Bank Group (AfDB)

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    • The African Development Bank loan will enable CFM to buy 10 locomotives, 300 wagons, and 120 tank containers
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank lends $40 million to the Mozambique Rail and Port Authority to buy rolling stock for the Ressano Garcia railway line

Project implementation will improve logistics and reduce the cost of transporting goods and products using cost-effective, efficient means benefiting from economies of scale

Finance Approval date: 31 January 2024 Project name: Mozambique - Portos e Caminhos de Ferro de Moçambique EP (CFM) Amount: The African Development Bank is making a $40-million corporate loan to the state-owned enterprise Portos e Caminhos de Ferro de Moçambique EP (CFM), the Mozambique rail and port authority, to…

African Development Bank Group (AfDB)

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    • “Best of” video from the Inauguration of multiple transport infrastructures in Abidjan (FR)
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    • Côte d'Ivoire’s Prime Minister Robert Beugré Mambé opening the Abidjan bypass (Y4), which leads to the Alassane Ouattara Stadium in Ebimpé, which will host the opening ceremony and the final of the 2023 AFCON
    • The Abobo Tunnel
    • Abidjan’s fourth bridge incorporates 24 tollbooths
    • Ivorian Minister of Equipment and Road Maintenance Amédé Koffi Kouakou
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Source: African Development Bank Group (AfDB) |

Côte d’Ivoire/ Africa Cup of Nations (2023 AFCON): Fourth Abidjan bridge and other African Development Bank-funded transport infrastructure now open to traffic

Nearly 1.4 kilometres in length, the fourth bridge spans Banco Bay – an arm of the Ebrié Lagoon - to link Plateau and Adjamé municipalities and Yopougon via Attécoubé

On Wednesday 10 January, just days before the 2023 Africa Cup of Nations football tournament opens, (2023 AFCON), the Ivorian Prime Minister, Robert Beugré Mambé, opened Abidjan’s fourth bridge, the “Y4” bypass, and the urban highways of Civil Prison and Dabou respectively, all built with funding from the African Development…

African Development Bank Group (AfDB)

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    • The African Development Bank will make a substantial contribution to the construction of the Laropi-Moyo-Afoji road in Uganda to improve rural transport and facilitate regional integration. © AfDB 2023
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Source: African Development Bank Group (AfDB) |

Uganda: African Development Bank to lend more than $252 million to improve rural transport and facilitate regional integration

The financial support consists of two loans: $179.68 million from the African Development Bank and $73.15 million from the African Development Fund, the Bank Group's concessional loan window

Meeting on 1 December in Abidjan, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $252.83 million to Uganda, to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The financial support consists of two loans: $179.68 million from the African Development Bank and $73.15 million from…

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    • The African Development Bank will contribute to a significant improvement in access to transport and energy for Malawians over the next five years (2023-2028)
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Source: African Development Bank Group (AfDB) |

Malawi: African Development Bank prioritizes energy, transport, water and agriculture in its country strategy for 2023-2028

The Bank will continue to deepen its engagement with Malawi to further consolidate development impacts as envisioned in “Malawi Vision 2063

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two priority areas: improving economic infrastructure to develop the industrial sector by investing in energy, transport, water, sanitation, and hygiene, and supporting…

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    • Africa must tackle huge infrastructure gap to unlock opportunities for transformation – Report
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Source: African Development Bank Group (AfDB) |

Africa must tackle huge infrastructure gap to unlock opportunities for transformation – Report

Dr Adesina suggested five priority areas to fully optimize the benefits of the developing regional corridors across Africa

Africa’s significant road infrastructure deficit creates increased production and transaction costs that must be addressed to scale opportunities envisaged under the Africa Continental Free Trade Area, a new report has found. The report, called Cross-Border Road Corridors Expanding Market Access in Africa and Nurturing Continental Integration notes that while roads…

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    • The African Development Bank supports Namibia to modernize its railway infrastructure
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Source: African Development Bank Group (AfDB) |

Namibia: African Development Bank approves $196 million loan to modernize railway infrastructure

The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government…

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    • African Development Bank joins global partners to raise financing for $1.6 bn multinational Lobito Transportation Corridor programme
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Source: African Development Bank Group (AfDB) |

African Development Bank joins global partners to raise financing for $1.6 bn multinational Lobito Transportation Corridor programme

The MoU, signed Thursday 27 October, outlines the partners' intentions to collaborate across multiple sectors to realise the full economic potential of the corridor

The African Development Bank (www.AfDB.org) has signed a Memorandum of Understanding (MoU), joining global partners to mobilise resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host…

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    • Representatives from more than 30 regional and international development finance institutions took part in the first roundtable on the Abidjan-Lagos highway
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2023: West Africa aims to accelerate the construction of the Abidjan to Lagos highway

The Abidjan-Lagos highway project envisions a 1,081 kilometre highway linking five countries in West Africa – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria

Heads of State in the Economic Community of West African States (ECOWAS) have decided to speed up the construction of the highway between Abidjan and Lagos, a project for which the African Development Bank (www.AfDB.org) is playing a leading role in mobilizing funding. The Bank has already contributed USD 25 million…

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    • Matthew Antwi, lorry driver and coconut haulier, is wasting less time and feeling calmer thanks to the renovated road and its new lighting.
    • The project is funded jointly by the African Development Bank, the European Union, the West African Development Bank, the Islamic Development Bank and the Global Environment
    • An aerial view of the Togokomè-Avépozo section of the Lomé-Cotonou road, built thanks to support from the African Development Bank, the European Union and other partners
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Source: African Development Bank Group (AfDB) |

Community gearing up for progress as renovated Lomé-Cotonou road slashes travel times

The project provides a direct benefit to transport users and indirectly benefits 1.7 million people in the two countries

Matthew Antwi is a haulier and works for a Nigerian business that exports coconuts. He regularly drives the Lomé-Cotonou road from his home country Ghana to deliver the nuts to Nigeria. “A few years ago, it took around two hours to complete all the formalities at the border and up…