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Former AfDB president Adesina appointed Diamonds for Development Fund chairperson

The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Devel...

Botswana: Botswana, De Beers Appoint Adesina Chair Of Diamonds Development Fund

[Vanguard] Former President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has been appointed Chairman of Botswana's Diamonds for Development Fund, a landmark initia...

AfDB, ASSA kuimarisha uwekezaji wa mifuko ya hifadhi ya jamii Afrika

Makubaliano hayo yalitiwa saini Mei 28, 2026 pembeni mwa mikutano ya mwaka ya kundi la Benki ya Maendeleo ya Afrika inayoendelea mjini Brazzaville, Jamhuri Kidemokrasia ya Congo.

AfDB’s strategic shift to drive Africa’s trade integration

Over the next decade, it will place a greater emphasis on projects that improve the free movement of people and goods.

AU urges bold financing reforms as AfDB Annual Meetings open in Brazzaville

The African Union (AU) has renewed its push for a financially sovereign and economically integrated Africa, as the 61st African Development Bank (AfDB) Annual Meetings opened in Br...

African presidents rally for private sector funding, energy expansion at AfDB summit

African heads of state have renewed calls for increased private sector investment, energy financing and infrastructure development as the continent seeks new pathways to accelerate...

AfDB backs Zimbabwe debt arrears plan with targeted funding boost

Channel Africa Zimbabwe’s efforts to resolve its longstanding debt arrears have received support after the African Development Bank Group approved a $4 million grant aimed at stren...

African Development Bank mobilises €205 mn to extend high-speed rail line in Morocco

W’Bank seeks $23bn private funding boost for Africa

The World Bank aims to mobilize $23bn in private funding for Africa by scaling up its risk mitigation tools to improve the lives of 190 million people. Read More: https://punchng....

AfDB warns African states against corruption as continent faces declining foreign aid

AfDB is urging African governments to curb corruption and strengthen domestic revenue collection as foreign aid declines amid rising global tensions.

Algeria secures USD 878 million funding for a railway line

The Board of Directors of the African Development Bank (ADB) has approved USD 878 million in financing for the second [...]

AfDB launch tracker to monitor Africa’s electricity access drive

The African Development Bank Group launched a Mission 300 Progress Tracker, at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, Congo. According to the fin...

AfDB backs US$15.8b farming vision

THE African Development Bank has scaled up two massive agricultural financing programmes to expand Zimbabwe’s sector into a US$15.8 billion industry.The programmes... To...

Elombi Renews Call for African Ratings Agency, Says Continent Must Control Its Economic Narrative

• Declares skills shortage threatens electric battery manufacturing ambitions, value addition crucial for continent’s growth • PAPSS gains momentum as 28 African central banks join...

IsDB  Approves US$ 2.8bn to Finance  Devt for Nigeria, Others

Sunday Okobi in Baku, Azerbaijan As the Islamic Development Bank (IsDB) Group officially commenced its 2026 Annual Meetings in Baku, Azerbaijan, yesterday under the high patronage...

IsDB 2026: ITFC Strengthens Trade Finance, Private Sector Growth, Regional Cooperation with Member States

*Signs agreements with Gambia, Tajikistan, IFC Sunday Okobi in Baku, Azerbaijan One of the members of the Islamic Development Bank (IsDB) Group, International Islamic Trade Finance...

African Development Bank Group approves additional funding for Thwake dam

The African Development Bank Group has approved €68.39 million in additional financing to secure the completion and long-term sustainability of Kenya’s Thwake Multipurpose Water De...

Tinubu to Afreximbank: Speed up Mobilisation of Resources for Africa’s Industrialisation

.Bank commits $20bn into Nigerian economy in the last five years Deji Elumoye in Abuja President Bola Tinubu has charged the leadership of the African Export-Import Bank (Afreximba...

ADFD advances sustainable development through 'Agricultural Systems Development Project' in Uzbekistan

ABU DHABI, 17th June, 2026 (WAM) -- Reinforcing the United Arab Emirates' commitment to advancing sustainable development globally, and in line with Abu Dhabi Fund for Development'...

NEWS: African Development Bank Group backs Zambia’s Global Landmark Debt-for-Development swap

“These investments will strengthen the resilience of our electricity system," — Zambian government

EBRD targets $1.5bn investments in Nigeria over three years

The managing director said the investments will make trading activities much easier for importers and exporters in Nigeria to obtain pre-import financing and post-export financing....

AfDB approves $180m to upgrade Arua Airport

AfDB has approved $180.62 million to upgrade Uganda’s Arua Airport into an international-standard facility aimed at boosting regional trade, tourism, and connectivity.

Angola, Burundi, Ethiopia and Zambia among countries benefiting from €10 million in EIB Global support for primary healt...

- - • EIB Global provides €10 million to support the provision of technical assistance, catalysing potential investments into bankable projects in Sub-Saharan countries - •...

ICRC DG Seeks Regional PPP Alliance to Unlock Private Capital for West Africa’s Infrastructure

James Emejo in Abuja Director General, Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, has declared that West African governments can no longer depend...