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

Nigeria: African Development Bank Approves $100 Million to Support Youth and Women-led Micro, Small and Medium Enterprises (MSME)

Approval kickstarts rollout of Youth Entrepreneurship Investment Bank (YEIB) initiative in partnership with government of Nigeria

The African Development Bank (www.AfDB.org) has approved a $100 million loan to increase access to finance for youth and women-led small and medium enterprises, under the Nigeria Youth Entrepreneurship Investment Bank (YEIB) initiative. The Nigeria YEIB is a pioneering institution designed to foster economic growth and job creation in the…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (5)
    • AfDB Vice President Dr. Beth Dunford (r) at a and Mastercard Executive Vice President Tara Nathan at recent MADE Alliance Africa event
    • Dr. Beth Dunford, AfDB Vice President
    • AfDB Vice President Dr. Beth Dunford with smallholder farmers in Nigeria who are benefitting from Bank agricultural technologies
    • MADE Alliance Africa aims to connect millions of smallholder farmers and women in Africa with digital services
    • World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent
  • All (5)
Source: African Development Bank Group (AfDB) |

World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent

The African Development Bank aims to bring 3 million farmers in Kenya, Tanzania and Nigeria into the digital economy via Mastercard Community Pass

The African Development Bank Group (www.AfDB.org) and Mastercard are co-chairing a new initiative called Mobilizing Access to the Digital Economy (MADE) Alliance Africa, which aims to provide digital access to critical services for 100 million people and businesses in Africa over the next 10 years. In the first phase of…

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

South Africa: African Development Bank and Absa unveil multi-billion rand financial package to expand sustainable capital markets, boost economic growth for women and youth

Absa is collaborating with the African Development Bank to enhance skills among both Absa staff and women business owners

The African Development Bank (www.AfDB.org) and Absa Group, one of Africa's leading financial services providers, today celebrated a landmark agreement to mark the execution of a transformative financial package aimed at increasing funding for underserved segments, across South Africa and the continent. The target audience includes women-owned businesses, youth entrepreneurs,…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion
  • All (1)
Source: African Development Bank Group (AfDB) |

United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion

UN Women describes HeForShe as a global movement that has engaged more than two million men and individuals in championing gender equality

I am resolute in my conviction that when Africa's women win, Africa wins – Akinwumi Adesina; Spanish PM Pedro Sanchez and CEOs of Global Citizen and Movember also honoured. The United Nations Women organisation has named the African Development Bank Group President Dr. Akinwumi Adesina a HeForShe Champion for his work…

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

Equatorial Guinea: African Development Bank Group, United Nations Development Programme (UNDP) partner to promote economic diversification and job creation for women and youth

The project will be a multisector local content initiative focusing on agriculture, fisheries, transport/logistics, tourism, and ICT

The African Development Bank Group (www.AfDB.org) has approved a $3 million technical assistance project to boost local content for micro, small, and medium enterprises (MSMEs) in Equatorial Guinea, providing economic diversification to the west-central African country. The grant agreements were signed this week in the city of Malabo between the African…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • African Development Bank provides US$ 102.79 million to support farmers through climate resilient Special Agro-Industrial Processing Zones infrastructure in Guinea, Senegal, and Togo
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank provides US$ 102.79 million to support farmers through climate resilient Special Agro-Industrial Processing Zones infrastructure in Guinea, Senegal, and Togo

Globally, the program is expected to directly benefit 1,104,728 farmers and indirectly 5,612,415, at least 50% of the beneficiaries will be women

The Board of Directors of the African Development Bank Group (“ADB”) (www.AfDB.org) approved $102.79 million for the Multinational (Guinea, Senegal and Togo) Promotion of Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones Program which fosters sustainable agricultural value chains around agro-industrial processing zones (SAVC-SAPZ).   This project expands the integration of…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Tunisia: African Development Bank mobilises over 92 million euros to support entrepreneurship and job creation
  • All (1)
Source: African Development Bank Group (AfDB) |

Tunisia: African Development Bank mobilises over 92 million euros to support entrepreneurship and job creation

The financing consists of a 90 million Euro loan from the Bank Group, and a grant of 2.3 million Euro from the Women Entrepreneurs Finance Initiative (We-Fi) Trust Fund

The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) has approved a financing package of 92.3 million euro for the implementation of the Tunisian government’s Support Program for Business Competitiveness and Empowerment of the Population through Job Creation (CAP-Emplois). The financing consists of a 90 million Euro loan…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Watch the video announcement and promo clip representing the Bank’s winning communications at the Salute to Excellence Awards
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Group women and gender communications campaign wins National Association of Black Journalists Salute to Excellence Award

The Bank clinched the National Association of Black Journalists’ online public relations and marketing award category honor for the month-long Bank “Gender in Focus” digital campaign embracing International Women’s Day in March 2023

America’s largest organization of journalists and media-related professionals of colour has named the African Development Bank Group (www.AfDB.org) a “Salute to Excellence Award” winner for Bank communications observing International Women’s Day and its “Gender in Focus” series. The Bank clinched the National Association of Black Journalists’ online public relations and…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The second phase of the Agro-Food Processing Zone Project in Togo will encourage the private sector to invest in the country’s key agricultural sectors
  • All (1)
Source: African Development Bank Group (AfDB) |

Togo: the African Development Bank grants a loan of over USD 26 million to develop key agricultural sectors through private-sector investments

The aim is to provide the country with an industrial hub for processing agricultural products and establish a business zone to offer opportunities to young people and women in the Kara and Savanes regions

The Board of Directors of the African Development Bank Group (www.AfDB.org) have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone Project. The aim is to provide the country with an industrial hub for processing agricultural products and establish a…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Participants at the workshop discussing the provisional report on the development of the textile industry in Benin. Third from left, Mr Robert Masumbuko, the African Development Bank’s representative in Benin and Ms Mariam Chabi Talata Zimé Yérima (fourth from left), Vice-President of the Republic of Benin
  • All (1)
Source: African Development Bank Group (AfDB) |

Benin: The African Development Bank Supports a Study Aimed at Strengthening the Textile Industry Through the Private Sector

The meeting helped to identify opportunities and make core proposals to strengthen efforts to dynamize the cotton industry

The Country Office of the African Development Bank Group (www.AfDB.org) in Benin - one of Africa’s leading cotton producers - organised a workshop in Cotonou on 31 July 2024 to provide feedback about a study on private sector players bringing fresh momentum to the country’s textile industry. The meeting marked…