African Development Bank Group

African Development Bank and CABEI sign framework agreement to boost economic growth, social well-being of member countries

The African Development Bank and the Central American Bank for Economic Integration (CABEI) have signed a Letter of Intent aimed at facilitating Balance Sheet Optimization in line with the G-20’s ...
African Development Bank Group

Uganda: African Development Bank approves additional €7.33 million to complete payouts to communities affected by rural electrification project

The African Development Bank Group has approved €7.33 million in additional financing to support the completion of compensation payments to people impacted by the Uganda Rural Electricity Access ...
African Development Bank Group

At 61 years old, Maboudou Dosso more than doubles his income and transforms his family's life

Maboudou Dosso, 61, embodies the tenacity of Ivorian smallholder farmers. Since 1991, he has cultivated rice, maize, and soybeans in Gouaké, in the Touba area of the Bafing region, northwest Côte ...
African Development Bank Group

MDB Heads Deepen Collaboration to Support Countries Through Heightened Global Uncertainty

In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) today underscored the importance of close ...
African Development Bank Group

The crisis in the Middle East could cost Africa 0.2 percent in economic growth in 2026.

The crisis in the Middle East is impacting global economies, with growth in African countries forecast to decline by up to 0.2 percent. This is according to a joint policy document presented on ...
African Development Bank Group

African Development Bank and Government of Italy sign co-financing agreement to strengthen partnership for support to key sectors in Africa

The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group have signed a bilateral co ...
African Development Bank Group

AfDB’s New African Financial Architecture for Development gets off to a bold start at Abidjan meeting

The African Development Bank Group on Thursday concluded a landmark Consultative Dialogue on a New African Financial ...
African Development Bank Group

Rwanda: African Development Bank Group commits additional €45.4 million to Muvumba Multipurpose Water Resources Development Program

The Board of Directors of the African Development Bank Group has approved additional financing of €45.4 million to Rwanda for ...
African Development Bank Group

Lusophone Compact Steering Committee meets in Washington D.C. to enhance cooperation among its members and partners

The Lusophone Compact has convened its 8th Steering Committee Meeting at the headquarters of the International Finance ...
African Development Bank Group

African Development Bank and ILX complete first joint renewable energy transaction in Egypt

The African Development Bank Group (AfDB) and ILX Management B.V. (ILX) have completed their first transaction, marking an important milestone in their partnership to mobilise European institutional ...
African Development Bank Group

Sweet Success: An African Development Bank grant propels a youth-led honey enterprise in South Sudan into an international supplier and job creator

In just six years, 33-year-old June Owdo Joseph Ojukwu, a determined entrepreneur from South Sudan, has transformed her honey ...
African Development Bank Group

2026 Annual Meetings: African Development Bank Group boosts co-financing to scale up investments across Africa

The African Development Bank Group is intensifying efforts to mobilise co-financing to scale up development impact across the ...