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African Development Bank Group (AfDB)

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    • (L-R) AfDB Vice President Solomon Quaynor, Kohtaro SABE President & CEO with Marco Yamaguchi, Masahide, following the signing of the LOI. Yokohama, Japan. August 2025
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Source: African Development Bank Group (AfDB) |

Ninth Tokyo International Conference on African Development (TICAD9): African Development Bank and Aerosense Inc sign Letter of Intent (LOI) to advance cooperation and projects in drone technology in Africa

Aerosense Inc.’s drone solution was selected through a call for proposals under the African Development Bank’s Sustainable Road Maintenance Program for Africa (SRMPA) in June 2025

The African Development Bank (www.AfDB.org) and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology in Africa. Aerosense Inc. is a leading Japanese company engaged in drone manufacturing. Representatives of both institutions signed a Letter of Intent on Thursday 21 August, on the sidelines of…

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

CORRECTION - Ninth Tokyo International Conference on African Development (TICAD9): Japan International Cooperation Agency and African Development Bank sign agreement to extend Enhanced Private Sector Assistance initiative for $5.5 billion

The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms

The Japan International Cooperation Agency (JICA) and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and…

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

Ninth Tokyo International Conference on African Development (TICAD9): Japan and African Development Bank sign agreement to extend Enhanced Private Sector Assistance for $5.5 billion sixth phase

The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms

The government of Japan and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and JICA will…

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

Tokyo International Conference on African Development (TICAD9): African Development Bank to focus on partnerships and investment at 9th Tokyo International Conference on African Development

The African Development Bank stands as a key driver of this transformation for the continent, leveraging its leadership to mobilise international support, particularly from Japan

The African Development Bank (www.AfDB.org) will participate in the 9th Tokyo International Conference on African Development (TICAD9) (https://apo-opa.co/4fLythd) taking place in Yokohama, Japan from 20-22 August. This year’s conference takes place at a critical time as Africa seeks to close investment gaps and build resilience to global economic and climate shocks.…

African Development Bank Group (AfDB)

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    • Minister Ludovic Ngatsé and AfDB Director General Léandre Bassolé present the signed grant agreement in Brazzaville during the Bank's mission to the Republic of Congo
    • Minister Ludovic Ngatsé and AfDB Director General Léandre Bassolé signing the grant agreement in Brazzaville
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Source: African Development Bank Group (AfDB) |

Republic of Congo and the African Development Bank sign $602,000 grant agreement to rebase national accounts

The project will update the base year for calculating Congo’s national economic indicators from 2005, adopting the 2008 System of National Accounts (SNA 2008) in line with international standards

The Government of the Republic of Congo and the African Development Bank Group (AfDB) (www.AfDB.org) have signed a $602,000 grant agreement to support the rebasing of the country’s national accounts, a critical step toward modernising its economic statistics and enhancing fiscal transparency. The agreement was signed on 4 August in…

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

Public Finance, Governance, Justice and Development: Keynote Address by Dr. Akinwumi A. Adesina, President and Chairman, Boards of Directors, African Development Bank Group at the 2025 Kenya Law Society Conference - August 15, 2025

Public financing stands at the heart of the African Development Bank Group’s commitment to advancing accountable governance, sustainable development, and national resilience

PROTOCOLS Honorable Chief Justice of Kenya, Chief Justice Martha Koome, Distinguished Judges of the Supreme Court, President of the Kenya Law Society, Mrs. Faith Odhiambo,  Committee Members of the Kenya Law Society, Esteemed Judges, Respected Members of the Bar, Learned Friends and Partners in Development, Members of the Press, Distinguished…

African Development Bank Group (AfDB)

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    • Rule of law is Africa’s new gold: African Development Bank Group's (AfDB’s) Adesina calls for bold legal and governance reforms to unlock prosperity
    • Dr. Adesina delivers the final keynote address, culminating the 3-day Kenya Law Society Annual Conference 2025 to a standing-room-only hall, in Kwale County, Nairobi
    • “Justice and development are not parallel paths; they are converging tracks toward inclusive growth,” Adesina said during his speech, highlighting the linkage between the two
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Source: African Development Bank Group (AfDB) |

Rule of law is Africa’s new gold: African Development Bank Group's (AfDB’s) Adesina calls for bold legal and governance reforms to unlock prosperity

He challenged Africa’s lawyers, judges, and arbitrators to rise as “guardians of promise and stewards of destiny” by enforcing constitutional safeguards on public finance

“When Africa stands for the rule of law, the world will stand with Africa,” the President of the African Development Bank Group (www.AfDB.org), Dr Akinwumi Adesina, has told more than 1,200 lawyers, judges, and government officials attending the Kenya Law Society’s 2025 Annual Conference. Delivering the closing keynote, title Public…

African Development Bank Group (AfDB)

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    • Participants at the kick-off meeting of the RASME Project in Namibia
    • Michael Humavindu, Executive Director at Namibia’s Ministry of Finance, Namibia, launching the RASME Workshop
    • Fidelis Mnyanyi of the African Development Bank, delivering the opening remarks
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Source: African Development Bank Group (AfDB) |

Namibia joins 37 other countries in adopting Information and Communications Technology (ICT) initiative for remote monitoring and evaluation of development projects

Built on the robust Kobo Toolbox platform – an open-source ICT solution developed by the Harvard Humanitarian Initiative – RASME tackles critical challenges in project monitoring

Namibia has become the latest country to adopt cutting-edge technology for development project management, as senior government officials and the African Development Bank (www.AfDB.org) jointly launched the transformative Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) project on Wednesday in Windhoek. The RASME initiative marks a major shift in how development projects…

African Development Bank Group (AfDB)

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    • Mozambique's President, Daniel Chapo (left), and the President of the African Development Bank, Dr Akinwumi Adesina, at the 2025 Africa50 General Shareholder Meeting in Maputo
    • African Development Bank President Dr Akinwumi Adesina at a Fireside Chat with Adesina: 10 Years of Legacy, moderated by Nozipho Mbanjwa-Tshabalala, CEO of The Conversation Strategists
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Source: African Development Bank Group (AfDB) |

Mozambique President Extols Adesina's Transformative Decade at African Development Bank

“Your legacy is not just institutional but impacting the lives of Africans,” President Chapo said in tribute to Adesina’s legacy during Africa50 General Shareholders Meeting

Mozambique’s President Daniel Chapo has lauded Dr. Akinwumi Adesina for a decade of “transforming ambition into outcomes” as President of the African Development Bank Group (www.AfDB.org), crediting his leadership with improving millions of lives across the continent. Opening Africa50 General Shareholders Meeting in Maputo on Wednesday, President Chapo thanked Adesina…

African Development Bank Group (AfDB)

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    • African Development Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure - Project Development Fund

The Alliance for Green Infrastructure in Africa - Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50

Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative The Fund, managed by Africa50, seeks to raise $400 million of blended, early-stage development capital to deliver a pipeline of investment-ready green infrastructure projects in Africa The African Development Bank Group (www.AfDB.org) has announced $40 million…