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The European Union (EU), the African Development Bank Group (AfDB) and the Government of Angola have jointly launched the $125 million Crescer Project, a large-scale initiative...
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August 06
2025
African Development Bank and OPEC Fund launch joint initiative to bolster environmental and social safeguards in Africa
The African Development Bank (AfDB) and the OPEC Fund for International Development have expanded their collaboration through a new continent-wide initiative aimed at...
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July 03
2025
African Development Bank Group approves $474.6 million loan to accelerate South Africa’s green transition
The Board of Directors of the African Development Bank Group (AfDB) has approved a $474.6 million loan for the Infrastructure Governance and Green Growth Programme (IGGGP),...
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June 19
2025
Development Banks join forces to finance $479 million renewable energy project in North Africa
A consortium of leading development finance institutions - the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), and British...
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The fifth edition of the Finance in Common Summit (FiCS) concluded in Cape Town, South Africa, on February 28 with strong calls for global development finance institutions to...
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February 25
2025
African Development Bank Strengthens Regional Integration and Trade at Ministerial Roundtable
The African Development Bank has reinforced its dedication to regional integration at the Ministerial Roundtable in Casablanca, where it discussed the potential of the African...
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January 30
2025
Ambitious commitments at the Mission 300 energy summit aim to transform Africa’s energy sector
African heads of state, business leaders, and development partners met on January 27 and 28 in Dar es Salaam, Tanzania, for the Mission 300 Africa Energy Summit. They committed...
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November 20
2024
African leaders welcome launch of African Development Bank’s Technical Assistance Facility to unlock climate finance for vulnerable regions
The African Development Bank Group has launched a new funding call under the Climate Action Window (CAW) Technical Assistance Facility at COP29 in Baku, Azerbaijan. The...
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November 12
2024
African Development Bank Approves $75 Million to Boost Africa’s Sustainable Agriculture with Export Trading Group Partnership
The African Development Bank Group has approved a $75 million financing package to support Export Trading Group (ETG), a Mauritius-based conglomerate with extensive operations...
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