COMESA Ministers Chart Path for Sustainable Infrastructure Growth
Ministers responsible for energy, transport, ICT and communications from the Common Market have endorsed a series of critical sectoral reports and action plans aimed at advancing sustainable infrastructure across the region.
African Development Bank awards $1 million grant to support green skills development for South Africans, with focus on youth
The African Development Bank, through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a dynamic, demand-led skills ecosystem that enables South Africans, particularly young people, to access emerging job opportunities in the green economy.
Ethiopia: African Development Bank approves $50 million Trade Finance Transaction Guarantee Facility to Awash Bank for support to SMEs and local corporates
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash), in Ethiopia.
Algeria deepens trade ties with other African countries as it gears up for Africa’s biggest marketplace
Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA).
African Development Bank and Mozambique collaborate to maximize country portfolio performance and economic transformation
The African Development Bank and the Government of Mozambique have completed a joint 2025 Country Portfolio Performance Review (CPPR) - setting the stage for maximum impact of the Bank’s $1.3 billion active portfolio in the country.
Africa: Foreign investment hit record high in 2024
The latest World Investment Report from UN Trade and Development (UNCTAD) highlights a significant rebound in foreign direct investment (FDI) inflows to Africa.
Italy and UNIDO partner to transform Tunisia’s vocational training system in support of youth employment & sustainable development
The Italian Cooperation and the United Nations Industrial Development Organization (UNIDO) signed today a new funding agreement in Tunis for the launch of the project “Tunisie Professionnelle - Renforcer l'emploi en Tunisie par une formation professionnelle dynamique”.
AU Commission consolidates continental voice at the 8th Session of the Global Platform for Disaster Risk Reduction
AU Commission consolidates continental voice at the 8th Session of the Global Platform for Disaster Risk Reduction
Several global agenda to expire in 2030, including the Sendai Framework
Through the Department of Agriculture, Rural Development, Blue Economy and Sustainable Development (ARBE), the African Union Commission (AUC) is participating in the 8th Session of the Global Platform for Disaster Risk Reduction (GPDRR 2025). Under the theme, “Every Day Counts, Act for Resilience Today”, the event is scheduled to be held from 2-6 June 2025 in Geneva, Switzerland.
Mission 300 gains momentum as more African countries submit transformative national energy compacts to connect more people to electricity by 2030
The Mission 300 initiative led by the African Development Bank Group and World Bank Group together with other development partners to connect 300 million Africans to electricity by 2030 continues to gain momentum as more countries present energy compacts to achieve their national targets.
African Development Bank and IATI hold workshop for Francophone West Africa governments to strengthen development effectiveness
The African Development Bank and the International Aid Transparency Initiative (IATI) concluded a workshop on Thursday aimed at enhancing the use of development finance data to support national planning, coordination, and accountability. The workshop was attended by government representatives from Francophone West Africa.