African Development Fund approves 1.7 billion CFA francs to boost private sector competitiveness across WAEMU countries
The Board of Directors of the African Development Fund (ADF) has approved a grant of 1.7 billion CFA francs to finance the Project to Strengthen Competitiveness of the Private Sector across the West African Economic and Monetary Union (WAEMU).
African Development Bank's Sustainable Energy Fund for Africa Launches Call for Proposals for New Green Hydrogen Programme
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) has launched a Call for Proposals under its newly established Green Hydrogen Programme (GH), open to private sector entities developing green hydrogen and derivatives projects across Africa.
African Development Bank Group approves $200 million for Nigeria’s Digital Value Chain Infrastructure Project- BRIDGE to expand the fibre backbone
The Board of Directors of the African Development Bank Group has approved a $200 million loan to the government of Nigeria to advance a flagship initiative to deploy 90,000 kilometres of open-access fibre nationwide, expand digital skills, and drive job creation across the country.
Ghana: African Development Bank Group Approves $10.41 million Grant to Strengthen Financial Governance and Economic Resilience
The Board of Directors of the African Development Bank Group has approved a $10.41 million grant to strengthen Ghana’s public financial management and support inclusive, climate-resilient growth.
African Ownership in Action: Twenty-Four African Countries Contribute to ADF-17
Twenty-four African countries pledged approximately $180 million to the African Development Fund, the concessional financing window of the African Development Bank Group for low-income countries, at the conclusion of its seventeenth replenishment (ADF-17) in London in December 2025.
African Development Bank launches HKD 3 billion 2.615% Inaugural Wonton Bond due June 2029
On Thursday 12 March, the African Development Bank (“AfDB”), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/JCR) successfully priced an inaugural public HKD 3 billion 3.25-year benchmark transaction (“Wonton Bond”).
Cameroon: African Development Bank approves €310 million loan to open up the east of the country and strengthen cross-border connectivity
The Board of Directors of the African Development Bank Group has granted a loan of €309.93 million to Cameroon to finance the first phase of the Programme for the Opening-up and Connectivity of Cross-Border Economic Basins in the Eastern Region (PDCBET).
Mozambique: African Development Bank Group approves $20 Million Facility to Support SMEs
The African Development Bank Group has approved a $20 million Trade Finance Transaction Guarantee facility for Banco Comercial e de Investimentos S.A. (BCI), Mozambique's leading commercial bank, to expand access to trade finance for small and medium-sized enterprises (SMEs).
Geneva International Cooperation Forum: African Development Bank SVP Marie-Laure Akin-Olugbade outlines approach to humanitarian contexts
The fifth Geneva International Cooperation Forum (IC Forum) organised by the Swiss Federal Department of Foreign Affairs' Agency for Development and Cooperation last month, saw the participation of African Development Bank Group Senior Vice President, Marie-Laure Akin-Olugbade.
Cameroon: African development bank group supports development of integrated industrial zone at the Port of Kribi
Cameroon has taken a decisive step in its industrialisation drive with the official launch of a company to develop an integrated industrial zone at the deep-water Port of Kribi, in the country's southwest.