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

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

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

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 Corporation (IFC) of the World Bank Group in Washington, D.C. The gathering ...
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

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

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 ...
African Development Bank Group

African Development Bank, ESM sign Memorandum of Understanding to enhance cooperation

The African Development Bank Group and The European Stability Mechanism (ESM) have signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions. The ...
African Development Bank Group

African Development Fund approves 1.7 billion CFA francs to boost private sector competitiveness across WAEMU countries

The Board of Directors of the African Development Fund (ADF) has approved a grant of 1.7 billion CFA francs to finance the ...
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

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

Africa SABRE Awards Presents Global Campaign Honour for African Development Bank Group “AFAWA: Banking on Women” Communications at South Africa Ceremony

AFAWA: Banking on Women,” a multi-city, multimedia African Development Bank Group communications campaign, took home the trophy for Africa’s best “Global Campaign” at the 2026 Africa SABRE Awards ...