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African Development Bank

Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project

Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project. . Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project Financing will be sourced from two specialized Bank Group funds and the Climate Investment Funds’ Clean Technology Fund ABIDJAN, Ivory […]

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Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power

Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power. Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power The grant will support Weza Power, a public-private partnership (PPP)-backed private utility aiming to rapidly expand electrification and connect nine million

Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power Read More »

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

African Development Bank cuts sod for construction of permanent Country Office, cementing over five-decades of partnership with Zambia LUSAKA, Zambia, June 11, 2025/ — 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

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

Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power

Anzana Electric and African Development Bank Power Up Burundi’s Energy Future with $600,000 Grant to Weza Power LONDON, United Kingdom, June 11, 2025/ — At the launch of Burundi’s National Energy Compact during the Mission 300 (M300) Private Sector Consultation in London, Anzana Electric Group and the African Development Bank (www.AfDB.org) announced a $600,000 project development

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African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M) to tell a New African Story on Regional Integration

African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M) to tell a New African Story on Regional Integration ABIDJAN, Ivory Coast, June 2, 2025/ — The African Development Bank Group ( www.AfDB.org) has unveiled its first edition of Integrate Africa Magazine (I.A.M.) during a colourful ceremony at the Sofitel Hotel, Abidjan. The event, held on Monday

African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M) to tell a New African Story on Regional Integration Read More »

“A Mission, Not a Job!” – African Development Bank President reflects on a decade of leadership

“A Mission, Not a Job!” – African Development Bank President reflects on a decade of leadership   ABIDJAN, Ivory Coast, May 30, 2025/ — Speaking Monday at a breakfast meeting with journalists, the President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, described his ten-year presidency as a consuming yet profoundly fulfilling mission.

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Amadou Hott outlines his vision for African economic transformation at the African Development Bank’s Annual Meetings

Amadou Hott outlines his vision for African economic transformation at the African Development Bank’s Annual Meetings   At the African Development Bank’s (AfDB) annual meeting in Abidjan this week, presidential candidate Amadou Hott (www.AmadouHott.com) al unveiled his comprehensive vision for Africa’s economic transformation, emphasizing regional integration, private sector engagement, and affordable financing as the cornerstones

Amadou Hott outlines his vision for African economic transformation at the African Development Bank’s Annual Meetings Read More »

The African Development Bank approves an investment of US$100 million in Arise Integrated Industrial Platforms Limited.

The African Development Bank approves an investment of US$100 million in Arise Integrated Industrial Platforms Limited.   ABIDJAN, Ivory Coast, May 28, 2025/ — The Board of Directors of the African Development Bank (www.AfDB.org) has approved an investment of $100 million in the industrial platform developer and operator Arise Integrated Industrial Platforms Ltd (Arise IIP)

The African Development Bank approves an investment of US$100 million in Arise Integrated Industrial Platforms Limited. Read More »

“The land is life”: A regional project supported by the African Development Bank boosts rural women’s climate resilience in Djibouti

PRESS RELEASE “The land is life”: A regional project supported by the African Development Bank boosts rural women’s climate resilience in Djibouti The IGAD/AfDB project has not only provided water, seeds and training: it has given dignity, confidence and a voice back to rural women Access Multimedia Content ABIDJAN, Ivory Coast, May 20, 2025/ — “Before,

“The land is life”: A regional project supported by the African Development Bank boosts rural women’s climate resilience in Djibouti Read More »

African Development Bank Approves $304 Million Loan to Support Botswana’s Fiscal Stability and Economic Reforms

PRESS RELEASE African Development Bank Approves $304 Million Loan to Support Botswana’s Fiscal Stability and Economic Reforms The country’s fiscal deficit widened — from a balanced budget in 2022/23 to 4.7% of GDP in the 2023/24 financial year–– and is projected to reach 6.7% in the current fiscal year GABORONE, Botswana, May 16, 2025/ —

African Development Bank Approves $304 Million Loan to Support Botswana’s Fiscal Stability and Economic Reforms Read More »

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