We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (1)
    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (2)
  • All (2)
Source: African Development Bank Group (AfDB) |

Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation

Kimani’s winning invention is an advanced early detection system, designed to detect crop pests and diseases swiftly, which can reduce crop losses by up to 30% and increase yields by as much as 40%

Esther Kimani, a 2022 YouthADAPT winner, received the prestigious 2024 Africa Prize for Engineering Innovation from the Royal Academy of Engineering on June 13 in Nairobi, Kenya. YouthADAPT is sponsored by the African Development Bank (www.AfDB.org) and the Global Center on Adaptation under the Africa Adaptation Acceleration Program (AAAP) (https://apo-opa.co/3XZTJch).  Innovative…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • As night falls, street-lighting helps Fatima Hounkanrin keep her shop open, in Sèmè-Kpodji.
    • Bertrand Éric Lokossou is delighted to have an electricity meter at home.
  • All (2)
Source: African Development Bank Group (AfDB) |

“Light drives development!”: Electricity supply to Sèmè-Kpodji in Benin means Fatima Hounkanrin can keep her shop open till late at night

A second goal is to improve the quality of electricity supply and reduce energy wastage – estimated at 23 percent in 2015 – in the Electricity Corporation of Benin’s sub-transmission networks

Night has fallen on Sèmè-Kpodji, a lively town on the shores of the Atlantic Ocean, in south-east Benin. Many of the city’s residents are still busy working, including Fatima Hounkanrin, 30, who runs a small shop selling tomatoes, pepper, soap, drinks and other household goods. Thanks to new street-lighting in…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Left to right, seated: Zeneb Touré, head of the Bank’s Civil Society and Community Engagement Division, Martha Phiri, Director of the Human Capital, Youth and Skills Development Division, and acting head of the Civil Society and Community Engagement Department, and Dagou Yvonne Nivine Gadji, representing the SEPHIS Foundation. With them are some of the event participants, and colleagues from the Bank
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Group Launches Project to Map Women Entrepreneurs’ Associations in Africa

The mapping project aims to strengthen the associations’ visibility, improve their institutional capacities, and facilitate access to financing

The African Development Bank (www.AfDB.org) launched a project on 26 June aimed at mapping 160 women entrepreneurs’ associations in 16 African countries. The mapping project, supported by the Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) (htps://apo-opa.co/3Y8HxWX) initiative and Gender Equality Trust Fund (GETF), aims to strengthen the associations’ visibility,…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Several regions of Mauritania will benefit from the AfDB project, which aims to increase productivity, add value to agricultural products, boost women's incomes and support female entrepreneurship
  • All (1)
Source: African Development Bank Group (AfDB) |

Mauritania: The African Development Bank grants $17 million to strengthen resilience of female market gardeners, add value to agricultural production and increase incomes of rural women

The project will directly benefit up to 22,200 households and will have indirect impact on nearly 90,000 people

The African Development Bank (ADB) Group (www.AfDB.org) Board of Directors has approved a grant of $17 million to the Islamic Republic of Mauritania to implement the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women's Entrepreneurship (French acronym PCVASGEF) (http://apo-opa.co/3ztTpsd). This project is financed under the Global Agriculture and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The "Job Creation for Youth and Women in Climate Smart Agriculture Value Chains and Waste Management” project targets value chains where the youth and women are more active, such as cassava and fisheries
  • All (1)
Source: African Development Bank Group (AfDB) |

Sierra Leone: African Development Fund approves $20 million grant for youth and women jobs

The grant, part of the Transition Support Facility’s Pillar 1, aims to tackle the root causes of fragility and insecurity in Sierra Leone

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (www.AfDB.org), approved a $19.95 million grant for an initiative to provide livelihood for Sierra Leone’s women and youth. The "Job Creation for Youth and Women in Climate Smart Agriculture Value Chains and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Videos (2)
    • AFAWA Bank of the Year on financing the smallest of women-led businesses
    • Watch Centenary Rural Development Bank General Manager for Commercial and SME Banking, Michael Jjingo talk about the Bank’s commitment to providing financing to women-led businesses
  • Images (3)
    • Michael Jjingo (right), Gen. Manager for SME banking at “AFAWA Bank of the Year” award-winning Centenary Rural Development Bank, poses with his financing clients: Jude Colors Solutions Board Member Camillus Namata (in grey) and company representatives
    • Watch Centenary Rural Development Bank General Manager for Commercial and SME Banking, Michael Jjingo talk about the Bank’s commitment to providing financing to women-led businesses.
    • Jude Color Solutions Board Member Camillus (right), who’s women-led company benefitted from the AFAWA Guarantee for Growth program via Centenary Rural Development Bank, meets African Development Bank Group President Akinwumi Adesina, AFAWA partners and beneficiaries
  • Documents (1)
    • Centenary Rural Development Bank says it increased its women clients base by 23% in just three years, with financial services like the “Center SupaWoman” account
  • All (6)
Source: African Development Bank Group (AfDB) |

Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year that created “SupaWoman” financial service says when women are given opportunity for financial inclusion, they can do miracles

The Supawoman product is about that woman, that underprivileged woman, that woman who is struggling to be able to grow that business

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024 (www.AfDB.org), Centenary Rural Development Bank, exemplifies the spirit of this year’s United Nations Micro, Small and Medium-size (MSMEs) Enterprises Day: “leveraging the power and resilience of MSMEs to accelerate sustainable development and eradicate…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Centenary Rural and Development Bank’s Benoni Okwenje (left) and Michael Jingo (right) accept the award, announced by AfDB Vice President Dr. Beth Dunford (centre)
  • All (1)
Source: African Development Bank Group (AfDB) |

Annual Meetings 2024: Centenary Rural and Development Bank named Affirmative Finance Action for Women in Africa initiative’s “AFAWA Bank of the Year” at African Banker Awards

The AFAWA award recognizes financial institutions’ outstanding achievements towards closing Africa’s $49 billion gender access to finance gap

A Kampala-based commercial bank with a “mission critical focus” to provide financial services to vulnerable women entrepreneurs has been named the “AFAWA Bank of the Year” at the African Banker Awards. Centenary Rural and Development Bank picked up the honor named after African Development Bank’s Affirmative Finance Action for Women…

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

REISSUE: African Development Bank Group Unveils New Ten-Year Strategy 2024–2033

Central to the 2024–2033 strategic vision is the belief in Africa’s vast potential for societal and economic transformation

The African Development Bank Group (www.AfDB.org) has unveiled its new Ten-Year Strategy 2024–2033 (https://apo-opa.co/4aKxNom), a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back on track towards sustained economic growth and prosperity. Unveiling the strategy during the Bank Group’s Annual Meetings in Nairobi, Kenya, African Development…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Financial support from the African Development Fund will help to increase the number of sustainable micro, small and medium-sized businesses led by young people and women in Ethiopia
  • All (1)
Source: African Development Bank Group (AfDB) |

Ethiopia: African Development Fund approves nearly $43 million to boost access to finance and non-financial services for Ethiopian Youth and Women-led micro, small and medium-sized businesses (MSMEs)

The program focuses on improving access to finance, providing business development services, and strengthening the entrepreneurship enabling environment

The Board of Directors of the African Development Fund – the African Development Bank Group’s (www.AfDB.org) concessional financing window – approved a grant of $42.86 million to Ethiopia on 22 May 2024 to fund the implementation of the Agri-MSMEs development for jobs Program.   Aimed at boosting the growth and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (7)
    • (L-R) Dr. Fatih Birol, Executive Director, International Energy Agency; Sierra Leone President Julius Maada Bio; United Republic of Tanzania President Dr. Samia Suluhu Hassan; Togolese Republic President Faure Gnassingbé; Norway Prime Minister Jonas Gahr Støre; Executive Vice President of European Green Deal, Interinstitutional Relations and Foresight Maroš Šefčovič; African Development Bank Group President Dr. Akinwumi A. Adesina
    • French President Emmanuel Macron gathered heads of state and international organizations at the Elysee to discuss the outcomes of the Summit on Clean Cooking in Africa
    • In a vibrant speech, Akinwumi Adesina, President of the African Development Bank Group, said it was time to end the spectacle of African women and girls hunched over carrying heavy loads, walking for miles every day, often in unsafe conditions, simply to be able to cook the family's daily meals
    • “To secure resources for clean cooking, this summit must call for an upcoming generous replenishment of the African Development Fund, which includes $12 billion for clean cooking,” urged Samia Suluhu Hassan, President of Tanzania
    • Norwegian Prime Minister Jonas Gahr Støre pledges $50 million for clean cooking in Africa
    • “This summit provided a firm commitment on an issue that has been ignored by too many people for too long,” said Fatih Birol, executive director of the International Energy Agency
    • Dan Jannik Jørgensen, Danish Minister for Development Cooperation and Global Climate Policy, welcomed the African Development Bank's initiative to create a dedicated clean cooking sub-programme under the Sustainable Energy Fund in Africa
  • All (7)
Source: African Development Bank Group (AfDB) |

African Development Bank commits $2 billion as it leads the way at landmark summit for access to clean cooking in Africa

The Bank’s pledge of $200 million per year represents an important contribution to the $4 billion per year needed to allow African families to have access to clean cooking by 2030

President Macron praises the African Development Bank (www.AfDB.org) for its catalytical role; Access to clean cooking is about more than cooking, it is about dignity, says Adesina; Tanzania’s President Suluhu calls for generous replenishment of African Development Fund to guarantee resources for clean cooking for Africa’s low-income countries. The African…