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African Development Bank Group (AfDB)

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    • L–R: Hon. Otumchere Oti, Abia State Commissioner for Works; Mr. Mahaman Mourtala Mamoudou Abdoussalam, Operations Team Leader, Economic Infrastructure, Islamic Development Bank; Dr. Abdul B. Kamara, Director General for Nigeria, African Development Bank Group; His Excellency Dr. Alex Otti, Governor of Abia State; and Dr. Oyebola Akande, Assistant Director, International Economic Relations Department, Federal Ministry of Finance, Nigeria
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Source: African Development Bank Group (AfDB) |

African Development Bank and Partners Launch a $263.8 Million Infrastructure Project to Transform Urban Development in Abia State

The project will rehabilitate more than 248 kilometers of roads in the cities of Umuahia and Aba

The African Development Bank (www.AfDB.org), in partnership with the Islamic Development Bank, Nigeria’s Federal Government and the Abia State, has launched the Abia State Integrated Infrastructure Development Project, a transformative $263.8 million initiative to modernize urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development over the next five years. The…

African Development Bank Group (AfDB)

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    • Bleming Nekati
    • African Development Bank’s Johannesburg Deal Signals a New Era in City-Led Urban Investment (By Bleming Nekati)
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Johannesburg Deal Signals a New Era in City-Led Urban Investment (By Bleming Nekati)

This funding will have a direct and tangible impact on the daily lives of Johannesburg residents by strengthening basic services and expanding economic opportunities

 Bleming Nekati is the Regional Head for Private Sector Operations in Southern Africa at the African Development Bank (www.AfDB.org). In June 2025, a quiet but important decision marked a real turning point in African urban finance. The African Development Bank's Board of Directors approved a ZAR 2.5 billion ($139 million)…

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

The African Development Bank and the United Nations Human Settlements Programme (UN-Habitat) scale up drive for sustainable urbanization in Africa

The organizations will jointly develop action plans that combine technical assistance, policy support, capacity-building, and knowledge exchange to local governments

The African Development Bank Group (www.AfDB.org) and the United Nations Human Settlements Programme (UN-Habitat) have signed a Memorandum of Understanding to enhance collaboration and accelerate action on sustainable urban transformation across the continent. Under the agreement, the organizations will jointly develop action plans that combine technical assistance, policy support, capacity-building,…

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

African Development Bank approves ZAR 2.5 billion loan to City of Johannesburg for critical urban infrastructure development

First direct lending to a subnational entity in Africa will support water, electricity, and waste management systems for Africa's largest economic hub

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a ZAR 2.5 billion (approximately $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality, marking the Bank's first direct lending to a subnational entity in Africa.   The transaction will finance critical infrastructure projects in electricity,…

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

Rwanda: African Development Bank kickstarts pioneering cable car project in Kigali

Construction is expected to begin in late 2026, with commissioning scheduled for 2028

The African Development Bank (www.AfDB.org) has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system. The funds, to be sourced from the Bank Group’s Urban and Municipal…

African Development Bank Group (AfDB)

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    • Members of the first sub-panel discussed the question: “How can funds be best used to support essential services and the development of our cities?”
    • The focus of the second sub-panel was: “How to mobilise capital for urbanisation projects in Africa?”
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2024: Africa, the most urbanised continent by 2050, needs more investment to prevent a surge in shanty towns (experts warn)

Diversification of investment needs to go hand in hand with appropriate measures and provisions put in place by national governments and urban authorities

Africa’s urban population will triple in the next 25 years and African countries will need to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns. This was the conclusion shared by experts at a round-table…

African Development Bank Group (AfDB)

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    • Stakeholders and partners at the launch of the Africa Urban Sanitation Investment Initiative at 2024 World Water Week in Stockholm, Sweden
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Source: African Development Bank Group (AfDB) |

African Water Facility Secures 12 Million Euros to Invest in Urban Sanitation in Africa

Over the next ten years, the African Water Facility, through the Africa Urban Sanitation Investment Initiative, aims to mobilise $320 million to support 50 sanitation projects

The African Water Facility has secured 12 million euros from the Nordic Development Fund for a new funding initiative to support African governments, utilities, the private sector, and other stakeholders to expand access to safe and sustainable sanitation in African cities. The Africa Urban Sanitation Investment Initiative (AUSII) was launched…

African Development Bank Group (AfDB)

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    • (From centre-right) The AfDB’s Climate Change and Green Growth Director Anthony Nyong; Climate Change Expert Muthoni Nduhiu; Principal Climate Change Officer Olufunso Somorin; and Joash Moitui, Communications Lead for AAAP, with a Project Team for the Kampala City Roads Rehabilitation Project at the project site
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Source: African Development Bank Group (AfDB) |

Uganda: African Development Bank’s Director for Climate Change and Green Growth Tours Kampala Road Rehabilitation Project

The project is expected to benefit at least 1.6 million people, including commuters, business owners, and transport providers by tackling congestion in Kampala

On Monday, 15 July 2024, the African Development Bank Group’s Director for Climate Change and Green Growth (www.AfDB.org), Prof. Anthony Nyong, led a Bank Group team to inspect the 69.2 km Kampala City Roads Rehabilitation Project (KCRRP) (https://apo-opa.co/3MuqQ0R). He was joined by Regional Principal Climate Change Officer, Dr. Olufunso Somorin,…

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    • Municipal staff from African cities visit an electric bus maintenance center in Sao Paulo, as part of an AfDB-supported study tour focused on learning from Brazil’s experiences in sustainable urban development, August 7, 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank Group supports study tour to Brazil to inspire African cities

The trip was inspired by the idea that peer exchanges between cities in the Global South can enrich the urban planning approaches and strategies of decision-makers in African municipalities

From August 5 to August 13, 2024, representatives from seven African cities visited the Brazilian cities of Sao Paulo, Fortaleza and Curitiba, to discover inspiring solutions being implemented by local authorities to promote sustainable urban development.  The Study Tour, organised as part of the African Development Bank’s African Cities Program…

African Development Bank Group (AfDB)

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    • The Bank played a key role in linking Cameroon and Nigeria through the Bamenda-Enugu road construction project
    • The building of the Cross River bridge, opened in October 2022
    • Marie-Laure Akin-Olugbade, the African Development Bank’s Vice-President for the Regional Development, Integration and Business Delivery Complex, meets with Joseph Dion Ngute, Prime Minister of Cameroon
    • Marie-Laure Akin-Olugbade, the African Development Bank’s Vice-President for the Regional Development, Integration and Business Delivery Complex, met Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning and Regional Development
    • Louis-Paul Motaze, Finance Minister
    • Meeting with Cameroon's principal technical and financial partners
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Source: African Development Bank Group (AfDB) |

Cameroon: The African Development Bank, a leading infrastructure partner

“The Bank's operations have changed the face of the region” – Cameroonian minister

In an era of transformative development, the African Development Bank Group (www.AfDB.org) stands as a beacon of progress in Central Africa, particularly in Cameroon, where the institution has earmarked more than 50 percent of its portfolio for funding transport infrastructure. The Bank spearheaded crucial projects such as the Ketta-Djoum Road,…