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African Development Bank Group (AfDB)

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    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (1)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (2)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (3)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (4)
    • African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank and United States Agency for International Development (USAID) Sign $600 million Landmark Regional Development Agreement for the Sahel

Through this parallel co-financing agreement, support will be provided to key sectors over the next five years

The African Development Bank Group (www.AfDB.org) and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to strengthen social and economic development in the Sahel. The signing ceremony was held at the U.S. Embassy in Dakar, Senegal. The agreement, valued at $600…

African Development Bank Group (AfDB)

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    • United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion
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Source: African Development Bank Group (AfDB) |

United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion

UN Women describes HeForShe as a global movement that has engaged more than two million men and individuals in championing gender equality

I am resolute in my conviction that when Africa's women win, Africa wins – Akinwumi Adesina; Spanish PM Pedro Sanchez and CEOs of Global Citizen and Movember also honoured. The United Nations Women organisation has named the African Development Bank Group President Dr. Akinwumi Adesina a HeForShe Champion for his work…

African Development Bank Group (AfDB)

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    • From left, Prof. Anthony Nyong, Director of Climate Change and Green Growth, Edith Ofwona Adera, Regional Principal Officer and AAAP Coordinator, and Olufunso Somorin, Regional Climate Change Officer, all of the African Development Bank, accepted the NDC Investment Award on September 24 in New York
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Source: African Development Bank Group (AfDB) |

United Nations General Assembly (UNGA 79): Africa Adaptation Acceleration Program Receives Nationally Determined Contributions (NDC) Investment Award

Recognized at the 35th Ordinary Session of the African Union for its achievements, the Africa Adaptation Acceleration Program (AAAP) is setting the standard for climate adaptation in Africa and beyond

The Africa Adaptation Acceleration Program (AAAP) (http://apo-opa.co/3ZHg6nA) has been honored as the “Best Investable NDC Adaptation Investment Initiative of the Year” at the 2024 African NDC Investment Awards. The award, presented during the African NDC Institutional Investment Summit in New York, held on the margins of the United Nations General…

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

At United Nations General Assembly (UNGA 79), African Development Bank affirms standing as champion of Africa’s prosperity

The 2024 meetings take place against a backdrop of growing concern about the ability to meet critical targets outlined in the Sustainable Development Goals (SDGs) agenda

As the world convenes in New York this week for the United Nations General Assembly (UNGA 79), Africa’s 1.2 billion people will be counting on their participating leaders and pan-African institutions like the African Development Bank Group (www.AfDB.org) to lead the charge on matters critical to the continent’s sustainable development…

African Development Bank Group (AfDB)

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    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (1)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (2)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (3)
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Source: African Development Bank Group (AfDB) |

G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives

African Development Bank had invested over $50 billion in quality infrastructure in Africa over the past eight years

G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph Biden and current G-7 President, the Italian Prime Minister Giorgia Meloni, co-chaired a special ad hoc meeting on the sidelines of…

African Development Bank Group (AfDB)

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    • African Development Bank, African Union, United States Government, International Fund for Agricultural Development, CGIAR advance ties to boost Africa’s food production
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Source: African Development Bank Group (AfDB) |

African Development Bank, African Union, United States Government, International Fund for Agricultural Development, CGIAR advance ties to boost Africa’s food production

The African Union Commission-mandated Soil Initiative for Africa is a framework effort to systematically improve Africa’s soil health and productivity

Top development organisations have pledged to forge partnerships to expand the Vision for Adapted Crops and Soils (VACS), an initiative aimed at building resilient African food systems based on diverse, nutritious, and climate-adapted crops grown in healthy soils. On the sidelines of the African Fertilizer and Soil Health Summit in…

African Development Bank Group (AfDB)

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    • US and African Development Bank forge stronger ties to boost food production (1)
    • US and African Development Bank forge stronger ties to boost food production (2)
    • US Secretary of State Antony Blinken (left) visited AfricaRice HQ in Abidjan, where he praised the African Development Bank Group’s work to improve Africa’s food security. He is welcomed by African Development Bank Group President Akinwumi Adesina (second left) and AfricaRice DG Baboucarr Manneh
    • Speaking to the press, Secretary Blinken said the Biden administration was convinced that there is tremendous potential in investing in the production of crops that are climate-resilient and highly nutritious
    • Bumper harvest: A local rice farmer (right) shows African Development Bank Group President Akinwumi Adesina rice varieties grown from climate-resilient seeds from the Bank’s TAAT initiative during a visit to AfricaRice’s headquarters in Abidjan
    • African Development Bank Group President Akinwumi Adesina shows US Secretary of State Antony Blinken a variety of rice grown from climate-resilient seeds from the Bank’s TAAT programme during a visit to AfricaRice’s HQ in Abidjan
    • L-R: African Development Bank Group President Akinwumi Adesina and US Secretary of State Antony Blinken listen attentively as a local rice farmer explains how climate-resilient seeds from the Bank’s TAAT programme have increased her yield, during a visit to AfricaRice’s HQ in Abidjan
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Source: African Development Bank Group (AfDB) |

United States and African Development Bank forge stronger ties to boost food production

The United States will work with the African Development Bank to identify opportunities to partner with the US State Department’s Vision for Adapted Crops and Soils (VACS) activities and develop an investment strategy

Secretary of State Blinken and Bank President Adesina Highlight Africa’s Efforts to Feed Itself and Rest of World; Welcome Increased Support and Investment in African Initiatives. United States Secretary of State Antony Blinken has praised the African Development Bank Group for the exceptional efforts it is undertaking to help Africa…

African Development Bank Group (AfDB)

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    • African Development Bank interventions help to push Africa's digital boundaries further. Photo: Bank Group President Dr Akinwunmi Adesina meeting with U.S Ambassador to Côte d'Ivoire Jessica Davis Ba
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Source: African Development Bank Group (AfDB) |

United States (U.S.) and African Development Bank Collaborate to Accelerate Africa’s Digital Transformation

The initiative builds on the African Development Bank's $2 billion investment in digital infrastructure, which includes regional and national broadband development

The U.S. Commercial Service and the African Development Bank (www.AfDB.org) have announced a new strategic collaboration in a move to drive digital transformation across Africa. Unveiled on the sidelines of the Africa Tech Festival held in Cape Town, South Africa, this collaboration paves the way for a series of dialogues on…

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

African Development Bank's Sustainable Energy Fund for Africa welcomes $50 million in new commitments from Germany and United States of America at Africa Climate Summit

The contributions will serve to boost its position as one of the continent’s leading climate finance facilities

The African Development Bank's (www.AfDB.org) Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.info/3EfNjLE) welcomes approximately $50 million in new funding contributions from Germany and the United States. The contributions will serve to boost its position as one of the continent’s leading climate finance facilities. The funding was announced on Tuesday 5 September at…

African Development Bank Group (AfDB)

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    • AfDB Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi (1)
    • AfDB Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi (2)
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Source: African Development Bank Group (AfDB) |

United States Agency for International Development's (USAID) Power Africa, African Development Bank broaden cooperation on fighting energy poverty and climate change in Africa

During the signing at the Africa Energy Forum, Power Africa’s Acting Coordinator David Thompson highlighted the role of partnerships in accelerating and sustaining the just energy transition

The United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, and the African Development Bank (www.AfDB.org), have signed an extension and expansion of their existing Regional Development Objectives Agreement (RDOAG) on the margins of the Africa Energy Forum (www.Africa-Energy-Forum.com) in Nairobi. The move deepens the strategic…