Italy affirms partnership with African Development Bank under the Mattei Plan
Italy has reaffirmed its partnership with the African Development Bank and expressed keenness to explore mutual growth opportunities in Africa under the Mattei Plan.
Stefano Gatti, Director General for Development Cooperation at the Ministry of Foreign Affairs and International Cooperation (FAIC) and Lorenzo Ortona, Head of the Mattei Plan Task Force led a delegation to the Bank’s Abidjan headquarters on Thursday 8 May.
The African Development Bank reinforces commitment to private sector development in Lusophone countries during a high-level mission to Portugal
A high-level delegation from the African Development Bank recently participated in the 13th Lusophone Compact Standing Committee Meeting in Portuguese capital Lisbon, with a focus on operationalizing the Lusophone Compact Guarantee Program.
The mission marked a significant step in the Bank’s ongoing efforts to expand investments and partnerships through the Lusophone Compact – a tripartite partnership involving the Bank, the Government of Portugal, Portuguese-speaking African countries (PALOPs), and Brazil, which recently joined as the eighth member.
Regional Meeting to Launch the IGAD Digital Agro-Climate Advisory Services (DACAS) Knowledge Network
The Intergovernmental Authority on Development (IGAD), with support from the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA), has officially launched the IGAD Digital Agro-Climate Advisory Services (DACAS) Knowledge Network. This milestone event brought together technical experts from IGAD Member States, and regional technical partners to discuss the terms of reference and action plan for the Network to facilitate knowledge exchange.
Key Insights from AUDA-NEPAD CEO’s Meeting with Ministers of Finance and Planning
AUDA-NEPAD's CEO, Nardos Bekele-Thomas convened Africa’s Finance & Planning Ministers to tackle Africa’s shifting economic landscape, rising global protectionism, and shrinking external financing. The meeting provided a platform for African countries to share perspectives on how to cushion vulnerable industries against trade disruptions, tariff increases, and financial volatility.
India and COMESA Reaffirm Relations
COMESA Secretariat and the Government of India have committed to strengthen relations by opening up new channels of trade, support and collaboration through a renewed Memorandum of Understanding replacing the one signed in 2003.
COMESA: Member States Advance Towards a Unified Investment Framework
COMESA in partnership with the UN Trade and Development (UNCTAD) with support from the EU under the 11th EDF Regional Enterprise Competitiveness and Access to Markets Programme (RECAMP), convened a high-level consultative meeting with Member States to consider the revised Investment Agreement for the COMESA Common Investment Area (CCIA), marking a significant milestone in the region’s efforts to boost intra-regional and foreign direct investment.
ECOWAS deepens engagement with community citizens to advance implementation of free movement protocol across West Africa
In a renewed effort to enhance free movement of persons and goods and strengthen regional integration and trade across West Africa, the Economic Community of West African States (ECOWAS Commission) is intensifying collaboration with Community citizens and key stakeholders to advance the effective implementation of the ECOWAS Protocol on Free Movement of Persons, Goods, and Services.
Nigeria: African Development Bank Approves Strategy to Boost Economic Growth
The Board of Directors of the African Development Bank Group has a new five-year Country Strategy Paper (2025-2030) for Nigeria, committing about $650 million annually to drive economic transformation, build resilience, and foster broad-based prosperity across the country.
Transforming Zambia's agricultural landscape: African Development Bank approves guarantee for Zambeef's expansion project
The African Development Bank Group has approved a Zambian Kwacha-denominated Risk Sharing Credit Guarantee to support Zambeef Products Plc's $100 million expansion programme across its core operations in Zambia.
African youth transform agriculture with capital that works
With 237,000 jobs created and nearly 100,000 youth beneficiaries across 18 countries, the ENABLE Youth Programme is a clear testament to how Africa’s human capital can be unleashed to transform African agriculture.