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Ethiopia: AfDB signed $830,000 worth agreement to strengthen climate change adaptation

Ethiopia has received a $830,000 technical support grant from the African Development Bank (www.AfDB.org). The money will be used to integrate climate risk management,...

Ethiopia: Institution Capacity Building Project

In Addis Ababa, Ethiopia, Monique Nsanzabaganwa, Deputy Chairperson of the African Union Commission, and Yacine Fal, Acting Vice President for Regional Development, Integration, and...

Mozambique: AFDB investment in Agroprocessing

The African Development Bank Group has invested more than $1-billion in the north of Mozambique. The investments will cover the Liquefied Natural Gas Rovuma Area...

800,000 Uganda citizens gain access to clean water

The second phase of Water Supply and Sanitation has concluded according to the project completion report that was released on the 1st of February,...

Africa’s GDP fell by 165 billion in 2020

Africa witnessed a decline in GDP growth of 2.1%, its lowest in twenty years. Africa's GDP fell by $165 billion, over 30 million jobs...

Zimbabwe: African Development Bank and World Food Programme seek closer collaboration...

African Development Bank and World Food Programme (WFP) teams in Zimbabwe held a two-day workshop on 28 and 29 October 2019 to...

African Development Bank approves US$ 15m equity investment in Africa Food...

Promoting food security: African Development Bank approves US$ 15m equity investment in Africa Food Security Fund to boost agri-business in Africa In an effort to...

AfDB to invest $120 million to boost cassava and others

The African Development Bank (AfDB)  said it will invest $120 million in the next 2-3 years to boost the productivity and transform cassava and...

Nigeria: African Development Bank approves US$100 million for expansion of fertilizer...

The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company’s plans...

AfDB leads effort to industrialize Africa

Africa Development Bank (AfDB) is leading the drive to attract more investments towards aggressive industrialization of Africa to create jobs and wealth for the...