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African Development Bank Group (AfDB)

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    • The partner countries of the African Development Fund announced today a record contribution of US$11 billion for the next three years
    • The President of the African Development Bank Group, Sidi Ould Tah, who was leading his first African Development Fund negotiations, secured exceptional support to replenish the Fund's resources and advance its development program based on the Four Pillars
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Source: African Development Bank Group (AfDB) |

African Development Fund mobilises a historic $11 billion, marking a new era of African ownership and investment-led development

For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window

The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group (www.AfDB.org), has secured a record $11 billion from 43 Partners for its 17th Replenishment (ADF-17), the largest in the Fund’s history, despite severe global fiscal constraints and declining aid budgets. The outcome represents a 23%…

African Development Bank Group (AfDB)

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    • As the concessional window of the @AfDB_Group, the African Development Fund has provided more than US$45 billion in grants and low-interest loans to 37 low-income countries in Africa since 1972
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Source: African Development Bank Group (AfDB) |

High hopes for African Development Fund 17th replenishment meeting to mobilise investment for Africa’s development needs

Over the last five decades it has been instrumental in improving the lives of tens of millions across the 37 low-income countries it serves, amid mounting climate, economic and security pressures

The governments of the United Kingdom and Ghana are hosting the pledging meeting for the 17th replenishment of the African Development Fund (ADF-17) (www.ADF.AfDB.org) in London from 15-16 December, convening donor countries to back Africa’s next chapter of growth. The Fund, established in 1972 as the concessional arm of the…

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

New Partnership for Africa's Development-Infrastructure Project Preparation Facility (NEPAD-IPPF) marks 20 years of impact at 40th Oversight Committee Meeting

The meeting, held online on 27th October 2025, brought together donor representatives, partner institutions, Regional Economic Communities and implementing agencies

The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor special fund hosted by the African Development Bank (https://AfDB.org/), has successfully held its 40th Oversight Committee  Meeting  to take stock of progress and chart a renewed course for Africa’s regional infrastructure transformation. The meeting, held online on 27th October 2025, brought together…

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

United Kingdom to host African Development Fund’s 17th replenishment pledging session, reaffirming strong support

Baroness Chapman said the UK intends to make a strong pledge and encouraged all development partners to consider ambitious contributions to the 17th replenishment of the Fund

The United Kingdom has announced that it will host the 17th Replenishment pledging session of the African Development Fund (ADF)in December. The session will bring together development partners to agree on contributions for the ADF’s 2026-2028 cycle. The UK’s Minister of State for Development and Africa, Baroness Jenny Chapman, made the…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (1)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (2)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (3)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis

Returning to a previously held role where he provided pro bono advice to the Bank, Rt. Hon. Mitchell is passionate about Africa’s development and has extensive knowledge and experience in managing the complexities of global resource mobilization

The African Development Bank Group (www.AfDB.org) President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis. Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and…

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

African Development Bank and United Kingdom (UK) select Tunisian cereals project as prime climate finance transaction under landmark Room to Run Sovereign Programme

The project will benefit up to 250,000 cereal farmers in the country, boosting their food security and self-sufficiency

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Inclusive and Sustainable Development of the Cereal Sector Project in Tunisia, as a standard-setting project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP).   Approved in July 2023, this cereal sector project in Tunisia will strengthen…

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

African Development Bank and United Kingdom (UK) announce Mauritius as a beneficiary of unlocked climate finance from the landmark Room to Run Sovereign Program

This will allow Mauritius to continue its path of energy transition and enable the integration of renewable energy and achieve the target of 60% renewable energy in the electricity generation mix by 2030

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Gas Insulated Switchgear Substations Project in Mauritius as a beneficiary project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). This means that up to 100% of the $110 million total project cost corresponding to the climate…

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

African Development Bank and United Kingdom (UK) announce Kenya as the next beneficiary of unlocked climate finance from the landmark Room to Run Sovereign Program

This project complements the ongoing UK Government efforts to address transmission network capacity limitations, reliability and quality of electricity supply, and high-power system losses, technical and non-technical, in Kenya

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Transmission Network Improvement Project in Kenya as a beneficiary project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). This means that up to $59 million of the $116 million total project cost corresponding to the…

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

Benin announced as latest beneficiary of unlocked climate finance lending from Room 2 Run Sovereign Programme, a joint initiative of the African Development Bank and the United Kingdom (UK)

The Bank provided a loan of $129 million to the project to improve living conditions in secondary towns throughout Benin by implementing various climate adaptation activities

The African Development Bank (www.AfDB.org) and the UK have announced the Secondary Town Stormwater Drainage Project in Benin as the latest beneficiary project under the Room to Run Sovereign transaction (R2RS). Under the R2RS transaction, the UK Government provided a guarantee to the Bank, unlocking additional climate finance for projects…

African Development Bank Group (AfDB)

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    • Conference of the Parties (COP28): United Kingdom commits £7.4 million additional funding to African Development Bank’s Africa Disaster Risk Financing Programme
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Source: African Development Bank Group (AfDB) |

Conference of the Parties (COP28): United Kingdom commits £7.4 million additional funding to African Development Bank’s Africa Disaster Risk Financing Programme

Grant to support Somalia in adapting to weather extremes related to climate change

The United Kingdom’s Foreign, Commonwealth and Development Office has announced nearly $10 million in additional funding to the African Development Bank’s (www.AfDB.org) programme assisting African countries to strengthen resilience and enhance their response to climate shocks. The financial commitment of £7.4 million ($9.63 million) for the Multi-Donor Trust Fund of…