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African Development Bank Group (AfDB)

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    • 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
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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…

African Development Bank Group (AfDB)
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)

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    • 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
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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…

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    • 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.
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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…

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    • 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
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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…

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    • 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)
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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…

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    • Officials representing 11 African cities at a waste-to-energy plant in Copenhagen during a four-day study visit to Denmark and Sweden.
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Source: African Development Bank Group (AfDB) |

African Development Bank Sponsors Study Visit to Two Scandinavian Cities for Municipal Officials of 11 African Cities

The delegation is conducting field visits and taking part in presentations on water management, waste treatment and e-mobility

Representatives of 11 African cities have begun a visit to two Scandinavian cities to learn about people-centred solutions to urban planning and development under a trip sponsored by the Urban and Municipal Development Fund (https://bit.ly/3fdZiPT). The Fund is hosted by the African Development Bank (https://www.AfDB.org). The 4-day trip to Copenhagen…

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    • Road networks in six new municipalities will undergo new construction and upgrading.
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Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank Provides €29 Million for Development of Road Networks 6 Communes

The funds will support the construction of 28 kilometers of urban roads in asphalt concrete, paving stones and concrete

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €28.88 loan for improvements to the road and transport network linking six Senegalese municipalities.  The loan was approved on 20 September 2022. The financing will be sourced from savings from the Senegal Cities Modernisation Programme (https://bit.ly/3UJA5xg).…

African Development Bank Group (AfDB)
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African Development Bank launches new initiative to build financial acumen of African cities

The Municipal CFO Initiative was announced during the 9th Africities Summit held recently in Kisumu, Kenya

The African Development Bank (www.AfDB.org) and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new program to build the capacity of municipal chief financial officers across the continent. The Municipal CFO Initiative was announced during the 9th Africities…

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    • Intermediate cities represent about 15% of the African population. But their growth is accelerating
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Source: African Development Bank Group (AfDB) |

Africities 2022 Summit: Backbone of the continent, intermediary cities absorb most of the urban population growth, according to a report co-led by the African Development Bank

By 2040, two-thirds of the people who move to urban areas will be moving to intermediary cities

On the occasion of the Africities 2022 Summit, taking place from May 17 to 21, in Kisumu (Kenya), the African Development Bank (www.AfDB.org) and Cities Alliance released on Wednesday in Nairobi (Kenya), a major report entitled "Dynamics of Secondary Cities in Africa: Urbanization, Migration and Development" which provides a comprehensive…