THE African Development Bank Group and the Japan International Cooperation Agency (JICA) have formalised a pivotal agreement, with Japan committing a ¥51.67bn (approximately $421 million) concessional loan to the African Development Fund (ADF). This major boost, announced during a signing ceremony on…
THE Japan International Cooperation Agency (JICA) has supported the African Development Fund (ADF) with a landmark 51.67 billion Japanese yen (421 million dollars) Concessional Donor Loan (CDL). The President of African Development Bank (AfDB), Dr Akinwumi Adesina, said this in…
VICE President Kashim Shettima has unveiled the framework for federal government’s comprehensive vision for a nationwide nutrition programme to address malnutrition and food insecurity in Nigeria. Speaking Tuesday during a roundtable with development partners at the Presidential Villa in Abuja,…
IN a recent meeting in Luanda, Angola’s President João Manuel Lourenço and African Development Bank (AfDB) President Dr Akinwumi Adesina discussed the sweeping economic reforms Angola is implementing to diversify its economy, reduce debt, and create jobs for its youth. The meeting,…
THE African Development Bank AfDB) has approved $102.79 million for the promotion of sustainable agricultural value chains in special agro-industrial processing zones (SAPZ) across Guinea, Senegal, and Togo. This initiative aims to foster sustainable agricultural practices while integrating climate…
PRESIDENT Alassane Ouattara of Cote d’Ivoire led the celebration of the African Development Bank’s (AfDB) 60th anniversary on Tuesday, highlighting the institution’s pivotal role in improving the lives of millions of Africans. Speaking at the Bank’s Diamond Jubilee event…
YOUNG African entrepreneurs are urging the African Development Bank (AfDB) to increase its support for female entrepreneurs, youth innovators, and business creators to tackle poverty and unemployment on the continent. The call came during a panel discussion titled Our world,…
THIRTY small and medium enterprises (SMEs) from Côte d’Ivoire, Ghana, and Rwanda have been selected to receive financial and technical support through the AfriCircular Innovators Programme, a new initiative aimed at advancing circular economy projects across Africa. The programme, backed by the…
THE African Development Bank (AfDB) has announced a significant investment to boost climate initiatives in sub-Saharan Africa. The Bank’s Board of Directors recently approved a $10 million junior equity investment in the KawiSafi II Fund, a venture capital fund designed to…
THE Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the Development of Value Chains as part of its…
