African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • In 2024 Nouakchott, the capital of Mauritania, will receive support for preparation of a project to develop and protect its coastline
  • All (1)
Source: African Development Bank Group (AfDB) |

The Urban and Municipal Development Fund of the African Development Bank has approved an annual work programme to support 14 new municipalities and local authorities

The Fund will launch a capacity-building and consulting programme to improve municipal finances and solvency in six large pilot cities in Africa - Nairobi, Dakar, Abidjan, Addis Ababa, Kigali and Lagos

The Technical Committee of the African Development Bank (AfDB) Group (www.AfDB.org) met on 18 March 2024 in Abidjan and approved the new work programme for 2024. The committee, responsible for monitoring the work of the AfDB’s Urban and Municipal Development Fund (UMDF), allocated a total of US$4.5 million to support…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • 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
  • All (1)
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…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • AfDB President Akinwumi Adesina (2nd from right) with Jamie Cooper (centre) and mayors from across Africa Marrakech, Morocco, November 9, 2023
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank, leaders commit to catalyse investment in cities as engines of the continent’s economic growth

It is estimated that African countries will need to invest about 5.5% of their annual GDP in their cities, approximately $140 billion per year

African Development Bank President Akinwumi Adesina (www.AfDB.org) on Thursday pledged greater commitment to the development of cities and stressed the need for increased investment and autonomy for municipalities, the continent’s engine for economic growth. The Bank chief spoke at a high-level forum for mayors titled: “Leveraging Cities and Municipalities for…

Source: African Development Bank Group (AfDB) |

Africa’s Sustainable Development Goals (SDGs) progress uneven, requires accelerated efforts to meet the 2030 deadline - report

The report assessed Africa’s progress in implementing five main SDGs, highlighting progress, the challenges, and the numerous opportunities for improving Africa’s development prospects

Africa’s progress on the Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063 aspirations has been uneven, with significant differences among subregions, countries, and rural and urban areas. This calls for accelerated efforts to ensure that Africa achieves the global goals by the 2030 deadline, the latest Africa Sustainable…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank’s Urban and Municipal Development Fund (UMDF) and ICEX Spain Trade and Investment team up to boost sustainable urban development in Africa

The agreement will more specifically foster cooperation between the Spanish business entity and the Urban and Municipal Development Fund (UMDF)

ICEX Spain Trade and Investment and the African Development Bank (www.AfDB.org) have signed a cooperation agreement to consolidate engagement of Spain’s private sector for urban development in Africa. The agreement will more specifically foster cooperation between the Spanish business entity and the Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN), a…

Source: African Development Bank Group (AfDB) |

Eswatini: a new Eco-green City planned with the support of the African Development Bank’s Urban and Municipal Development Fund (UMDF)

The project includes the setting up of a special agro-processing zone, to be undertaken by the Eswatini Water and Agriculture Development Enterprise (ESWADE), as a public-private partnership

The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (https://apo-opa.info/43CHYIN) is partnering with the Eswatini Water and Agriculture Development Enterprise on a new urban planning project, closely linked with the development of a transformative agro-industrial hub which will boost  economic activities and to attract tens of thousands of workers. The…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • View of informal settlement in Windhoek, Namibia. Electrification is considered a crucial investment to unlock the economic potential of these areas and substantially improve the living condition of the inhabitants
  • All (1)
Source: African Development Bank Group (AfDB) |

Namibia: Urban areas to receive boost as African Development Bank fund approves grant for solar electricity in informal settlements

The “Informal Settlement Renewable Electrification and Upgrading Program" will directly benefit around 200,000 people in Windhoek, where around 20% of the population does not have electricity

The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN) has approved a grant of $485,000 for a solar electricity project in Namibia that will power some 50,000 households in the capital city. The “Informal Settlement Renewable Electrification and Upgrading Program" will directly benefit around 200,000 people in…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • The Bank's delegation met Djibouti's Minister of Finance and Economy in charge of Industry and Governor of the Bank for Djibouti, Ilyas Moussa Dawaleh (center) as part of the launch of the integrated urban infrastructure study project and dialogue on the ADRiFi Programme.
  • All (1)
Source: African Development Bank Group (AfDB) |

Djibouti: African Development Bank launches study on urban infrastructure and climate adaptation

The study will lead to a roadmap for improving access to resilient urban infrastructure and basic services

The African Development Bank (www.AfDB.org) last month launched the Integrated Urban Infrastructure and Climate Adaptation Study Project in Djibouti city in Djibouti. The study will lead to a roadmap for improving access to resilient urban infrastructure and basic services. It also entails building institutional capacity for inclusive and participatory urban…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Marie-Laure Akin-Olugbade, African Development Bank Vice President (right), Ahmadou Abdoulaye Diallo, Director General of the African Solidarity Fund ( center) and Algerian Prime Minister Aїmene Benabderrahmane ( left), during the 2nd Dakar Financing Summit in Senegal 02.02.2023
  • All (1)
Source: African Development Bank Group (AfDB) |

At Second African Infrastructure Financing Summit, $160 Billion Worth of Projects on Table

African heads of government, the African Development Bank, development finance institutions, and institutional investors will gather to draw the modalities for pushing the projects to completion by 2030

The 2nd Dakar Financing summit For Africa's Infrastructure Development has opened in the Senegalese capital with sixty-nine infrastructure projects worth $160 billion on showcase. African heads of government, the African Development Bank, development finance institutions, and institutional investors will gather to draw the modalities for pushing the projects to completion by…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • From left: Luísa Diogo, former Prime Minister of Mozambique, Dr. Akinwumi A. Adesina, President of the African Development Bank Group, Jamie Cooper, Founder and President of Big Win Philanthropy and Co-Chair of AMALI, Dr. Nkosazana Dlamini-Zuma, Minister of Cooperative Governance and Traditional Affairs of South Africa, Alan Winde, Premier of the Western Cape. Image source: African Mayoral Leadership Initiative (AMALI)
  • All (1)
Source: African Development Bank Group (AfDB) |

“Let Us Act to Transform Africa’s cities”—African Development Bank President to African Mayors

African Development Bank Group President, Dr Akinwumi A. Adesina, assures mayors at the African Mayoral Leadership Initiative (AMALI) of the Bank’s support to creatively and sustainably transform their cities

By 2050, the number of people living in African cities is expected to double from about 600 million to 1.2 billion, representing the most rapid rate of urbanisation in the world. This poses significant development challenges, which will require innovative, African-led solutions. In rousing remarks to the mayors of 15…