African Development Bank (AfDB) President Akinwumi A. Adesina has announced the launch of the Africa Adaptation Acceleration Program (AAAP) to mobilize $25 billion to scale up and accelerate climate change adaptation actions across Africa....
Under the theme “Development Banks as Actors for Change towards Gender Equality,” the African Development Bank’s (AfDB) Director for Gender, Women and Civil Society, Vanessa Moungar, joined high-level representatives from global financial institutions, the...
Despite COVID-19 pandemic, Africa is still a prime investment destination, participants this week affirmed at African Development Bank (AfDB) webinar for Asian audiences. The webinar noted that the policy recommendations of the African Economic...
The African Development Bank (AfDB) returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – to be held online for the first time from 8-11 September...
In a speech kicking off his second term as African Development Bank (AfDB) chief, newly sworn in President Akinwumi Adesina unveiled a sweeping vision to consolidate the institution’s successes of the last five years,...
African Development Bank (AfDB) President Akinwumi Adesina on Wednesday made a case for his re-election as head of the institution, saying that he wanted to fulfil “his sense of duty and commitment.” Adesina recalled...
For the first time in the history of the African Development Bank (AfDB), its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines. The Governors’ Dialogue and the election...
The African Development Bank (AfDB) has approved $27.4 million in grants to boost the African Union’s (AU) efforts to mobilize continental response to curb the COVID-19 pandemic. The approval comes on the heels of...
The African Development Bank (AfDB) has approved a concessional loan of $97.675 million to Rwanda to strengthen its national budget as it works to mitigate impacts of the COVID-19 pandemic. The funding will take...
Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with stable outlook. According to the agency, “the ‘AAA’ rating of the AfDB...
