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 (1)
    • Zambian President Hakainde Hichilema (right) welcomes African Development Bank President Dr. Sidi Ould Tah to State House in Lusaka
  • All (1)
Source: African Development Bank Group (AfDB) |

Zambia Affirms Strong Support for African Development Bank (AfDB) President Ould Tah’s vision for New African Financial Architecture

Dr Ould Tah thanked President Hichilema and the Zambian people for hosting the ADF-17 replenishment meeting, a key milestone in mobilising concessional resources for Africa’s most vulnerable countries

Zambia has voiced strong backing for African Development Bank Group (www.AfDB.org) President Dr Sidi Ould Tah’s push for a new African financial architecture that strengthens the continent’s economic sovereignty. Zambian President Hakainde Hichilema expressed this support during discussions with Dr Ould Tah at State House in Lusaka on 9 October…

African Development Bank Group (AfDB)

  • Multimedia content

  • Documents (2)
    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (1)
    • African Development Fund launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results (2)
  • All (2)
Source: African Development Bank Group (AfDB) |

African Development Fund Launches African Development Fund (ADF-16) Delivery and Results Report 2025: Driving Inclusive Growth through Strategic Investments for Impactful Results

ADF investments helped 2.9 million people gain access to clean water services, connected 500,761 people to electricity (including 251,766 women), and improved health services for 1.2 million people

The African Development Bank Group (www.AfDB.org) today released its African Development Fund (ADF-16) Delivery and Results Report for 2025, demonstrating the Fund's significant impact in supporting sustainable development across Africa's low-income countries. Download Report:  https://apo-opa.co/3W0IhLn  https://apo-opa.co/42BmAoV In a global context marked by economic turbulence, mounting debt, and security challenges, Africa…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (4)
    • ADF-deputies at the Nitrogen Chemicals of Zambia
    • A production line at the Nitrogen Chemicals of Zambia, an ADF-supported initiative
    • An award-winning farmer in the Kafue town of Zambia talks about her transition to better yields
    • ADF deputies interacting with an engineering student at the University of Zambia
  • All (4)
Source: African Development Bank Group (AfDB) |

In Zambia, African Development Fund reshapes the country’s agriculture and education landscape

Zambian ministers credit African Development Fund for fertilizer self- sufficiency boost, increased capacity for 250,000 new skilled workers

Concessional financing from the African Development Fund (ADF) has been transformative for Zambia's agriculture and education sectors, while “anchoring peace, prosperity, and regional competitiveness.” ADF deputies, who are gathered in Zambia's capital for a meeting on the Fund's 17th replenishment, visited two project sites on Tuesday, 7 October - the…

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

African Development Bank backs Artificial Intelligence (AI) training to boost Agenda 2063 implementation across Africa

The training is part of broader efforts to enhance institutional and human capacity across the continent

The African Development Bank (www.AfDB.org) is supporting a new Artificial Intelligence (AI) training initiative to advance the implementation of Africa’s continental development blueprint, Agenda 2063: The Africa We Want (http://apo-opa.co/4miWmzo). Through its Joint Secretariat Support Office (JSSO), the Bank provided technical and financial backing for the 5th Annual Training Workshop for…

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

Briefing Highlights: How the African Development Fund is Financing Africa’s Future in a Shifting Global Landscape

The media-focused event convened development partners, journalists, and policymakers for an in-depth conversation on the Fund’s role in financing economic transformation

The African Development Fund, the African Development Bank Group’s (www.AfDB.org) concessional financing arm, was the focus of a special edition of the African Transformation Briefing co-hosted by the African Center for Economic Transformation (ACET) and the Global Strategic Communications Council. Moderated by ACET Communications Manager Belinda Ayamgha, the session was…

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

African Development Bank commits to Zambia’s Private Sector Growth at Investment Conference

The event featured presentations from sectoral and financial experts across key Bank departments, providing participants with actionable insights into the Bank’s extensive capabilities

The African Development Bank (https://www.AfDB.org/) reaffirmed its strong support for Zambia’s private sector-led transformation by hosting a strategic side event during the inaugural Invest in Zambia International Conference (IZIC). The high-profile session, themed “Catalyzing Private Sector Growth: Unlocking AfDB’s Financing Toolkit in Zambia,” successfully engaged private companies, financial institutions, development…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • 115,000 ECOA induction cookers will be distributed to households across Kenya, Zambia, and Uganda with support from the Sustainable Energy Fund for Africa
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank’s Sustainable Energy Fund for Africa (SEFA) supports electric cooking expansion across three African nations

This program makes clean cooking appliances more affordable and accessible by prefinancing induction cookers and recovering costs through carbon credit sales in the voluntary market

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) (www.AfDB.org), is tackling charcoal dependence in Kenya, Uganda, and Zambia with a $4 million reimbursable grant. This grant will fund the Burn Electric Cooking Expansion Program (BEEP), deploying 115,000 Burn ECOA Electric Induction Cookers to provide…

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

Adesina spotlights African Development Bank’s role in delivering Mattei Plan and Global Gateway investments across Africa to drive industrial growth

Bank commended for driving key Mattei Plan infrastructure projects, including the Lobito Corridor and Rome Process Facility

African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has reaffirmed the Bank’s central role in advancing Africa’s connectivity, industrialization, and regional integration through strategic investments aligned with Italy’s Mattei Plan and the European Union’s Global Gateway initiative.  Speaking at the joint Mattei Plan–Global Gateway Summit (https://apo-opa.co/3ZJy5Jx) held in Rome…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • Left to right: Finance Minister Situmbeko Musokotwane, AfDB Vice President Nnenna Nwabufo, and Country Manager for Zambia Olaniyi Durowoju, during the foundation stone-laying ceremony for the Bank's new office building construction in Lusaka
    • The Kazungula Bridge Project, supported by the AfDB, is strengthening connectivity between Zambia and Botswana along the North-South Corridor. Photo credit/AFP
    • Workers laying heavy pipes at the Lusaka Sanitation Project—one of the many projects supported by AfDB in Zambia
  • All (3)
Source: African Development Bank Group (AfDB) |

African Development Bank cuts sod for construction of permanent Country Office, cementing over five-decades of partnership with Zambia

The new office design incorporates cutting-edge sustainability features and wellness-focused design

Permanent office strengthens Bank’s partnership with Zambia. African Development Bank has financed and facilitated major projects at country and continent level to support regional integration - Finance Minister Musokotwane  The African Development Bank Group (www.AfDB.org) commenced construction of its permanent country office in Lusaka on Friday, marking a transformative milestone…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Bank's financial support for Zambia aims to increase private sector participation in the economy, with a particular emphasis on agro-industrial development and climate-smart investments
  • All (1)
Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank grants loan of $108 million to strengthen economic governance

The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme which is a key pillar in efforts to build a resilient and diversified Zambian economy

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance and implement reforms in key public sectors. The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme…