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African Development Bank Group (AfDB)

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    • African Development Bank President pledges deeper cooperation with key constituency
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Source: African Development Bank Group (AfDB) |

African Development Bank President pledges deeper cooperation with key constituency

Ministers of Gambia, Ghana, Liberia, Sierra Leone and Sudan pledge early support for ADF-17, signalling Africa's growing ownership of its own development

African Development Bank Group (www.AfDB.org) President Sidi Ould Tah met with the finance ministers of The Gambia, Ghana, Liberia, Sierra Leone and Sudan this week, reaffirming the Bank's partnership with the constituency and pledging to deepen cooperation on economic transformation and resilience. The talks, held on the sidelines of the…

African Development Bank Group (AfDB)

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    • Dr. Sidi Ould Tah, President of the African Development Bank Group, participates in the World Bank Group's High-Level Advisory Council on Jobs meeting during the 2025 World Bank–IMF Annual Meetings in Washington, D.C.
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Source: African Development Bank Group (AfDB) |

African Development Bank chief joins global push to turn youth into economic powerhouse

This year’s Jobs Council focused on tourism and skilling -- two sectors where Africa holds vast untapped potential

African Development Bank Group (www.AfDB.org) President Dr Sidi Ould Tah on Monday joined global leaders on the World Bank Group’s High-Level Advisory Council on Jobs, championing Africa’s demographic dividend and the drive for youth employment.  Invited by World Bank Group President Ajay Banga, Dr Ould Tah participated in the Council’s…

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

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

Together we will consolidate our strengths for mobilizing private sector resources and unleashing investments at scale for Africa’s development – Dr Sidi Ould Tah

The African Development Bank Group (www.AfDB.org) and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.…

African Development Bank Group (AfDB)

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    • 17 African governments signed Energy Compacts under the Mission 300 initiative on the margins of UNGA 80. New York, September 2025
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Source: African Development Bank Group (AfDB) |

17 Countries Commit to Concrete Plans to Scale Up Electricity Access as Mission 300 Expands

Since the launch of Mission 300, 30 million people have already been connected, with more than 100 million in the pipeline

Seventeen African governments today committed to reforms and actionable plans to expand electricity access as part of Mission 300—an ambitious partnership led by the World Bank Group and African Development Bank Group (https://www.AfDB.org/) that aims to connect 300 million Africans to electricity by 2030. At the Bloomberg Philanthropies Global Forum…

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…

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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,…

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    • African Development Bank President Dr Akinwumi Adesina and Inter-American Development Bank President Ilan Goldfajn sign $3.2 billion Exposure Exchange
    • African Development Bank signs $3.2 billion Exposure Exchange with Inter-American Development Bank
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Source: African Development Bank Group (AfDB) |

African Development Bank signs $3.2 billion Exposure Exchange with Inter-American Development Bank

Since 2015, the African Development Bank has used these agreements to diversify lending within its sovereign portfolio and deploy capital effectively while preserving a resilient financial base

The African Development Bank Group (www.AfDB.org) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior agreement originally executed between the two institutions in 2015. The agreement was signed in Washington DC, on the sidelines of the World Bank Group and International Monetary…

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

United States Trade and Development Agency (USTDA) and African Development Bank Renew Partnership to Advance Quality Infrastructure in Africa

A significant new element of the partnership focuses on project preparation, highlighting USTDA and AfDB’s dedication to improving project design and readiness

The African Development Bank (www.AfDB.org) and the U.S. Trade and Development Agency have renewed a Memorandum of Understanding (MOU), extending their strategic partnership for five years. This agreement underscores a shared commitment to advancing quality infrastructure development across Africa by strengthening national procurement systems and aligning them with international best…

African Development Bank Group (AfDB)

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    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (1)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (2)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (3)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (4)
    • African Development Bank President Akinwumi Adesina and World Bank President Ajay Banga during opening plenary session of the 2024 Norman E. Borlaug. Des Moines, October 2024 (5)
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Source: African Development Bank Group (AfDB) |

Adesina and Banga lead the charge to end hunger in Africa at 2024 Borlaug Dialogue

Interviewed by Roger Thurow, senior fellow for global agriculture at the Chicago Council on Global Affairs, Adesina and Banga discussed the transformative actions from MDBs in meeting Africa’s annual $1.3 trillion development needs

In a powerful opening to the 2024 Norman E. Borlaug International Dialogue, the president of the African Development Bank Group (www.AfDB.org) Dr. Akinwumi Adesina and his counterpart at the World Bank Ajay Banga, stressed the need for more global action against hunger, a goal slipping further away due to the…

African Development Bank Group (AfDB)

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    • AfDB VP for Finance and CFO Hassatou N'Sele(left) with Roberta Casali, Vice President Finance and Risk Management Asian Development Bank(centre) and Gustavo De Rosa, Vice President for Finance and Administration, Inter American Development Bank, following the Bank's signing of an exchange exposure agreement with ADB (1)
    • AfDB VP for Finance and CFO Hassatou N'Sele(left) with Roberta Casali, Vice President Finance and Risk Management Asian Development Bank(centre) and Gustavo De Rosa, Vice President for Finance and Administration, Inter American Development Bank, following the Bank's signing of an exchange exposure agreement with ADB (2)
    • AfDB VP for Finance and CFO Hassatou N'Sele(left) with Roberta Casali, Vice President Finance and Risk Management Asian Development Bank(centre) and Gustavo De Rosa, Vice President for Finance and Administration, Inter American Development Bank, following the Bank's signing of an exchange exposure agreement with ADB (3)
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Source: African Development Bank Group (AfDB) |

African Development Bank and Asian Development Bank sign $1 billion exchange exposure agreement to increase development lending capacity to African nations

New exposure exchange agreement will offer a countercyclical capital buffer

The African Development Bank (www.AfDB.org) and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital position and its capacity for sustainable lending across Africa. The agreement, signed on the sidelines of the IMF /World Bank Annual Meetings in…