The AfDB emphasizes that leveraging Africa's vast mineral and energy reserves through value-added processing and sustainable investment is key to accelerating economic transformation.

The African Development Bank (AfDB) has pledged its support and resources to Botswana's Economic Transformation Programme (BETP).

Nigeria and the African Development Bank are pushing for stronger African control over critical minerals, emphasizing data sovereignty, regional collaboration, and local processing to boost economic benefits.

The Federal Government, along with the African Development Bank (AfDB) and other stakeholders, is seeking private sector investments to improve urban sanitation.

The World Bank and the African Development Bank's Mission 300 initiative has successfully connected over 50 million people to electricity across 40 African countries, accelerating electrification efforts on the continent.

Ghana International Bank (GHIB) has signed a trade finance guarantee agreement with the African Development Bank (AfDB). This partnership aims to boost trade finance activities across Africa.

The African Development Bank (AfDB) reports that African nations can generate over $469 billion in annual revenue by improving tax administration and digitisation, without needing to increase tax rates.

The African Development Bank (AfDB) has urged African nations, including Nigeria, to prioritize investing borrowed funds into productive assets that can generate economic growth and improve living standards, rather than using them for consumption.

The African Development Bank (AfDB) anticipates that an increasing number of African nations will attain investment grade status, signaling a positive economic outlook for the continent.

Nigeria and the African Development Bank have signed an agreement to formalize their collaboration, aiming to accelerate aviation sector reforms and unlock significant financing for industry development across the continent through a $7 billion transformation program.

According to the 2025 African Industrialisation Index by the African Development Bank (AfDB), Morocco has surpassed South Africa to become the most industrialised country in Africa.

Nigerian and other African labor unions have rejected the 'Mission 300' electricity initiative, which is backed by the African Development Bank (AfDB) and the World Bank, citing concerns over its impact on 600 million Africans without electricity.

The African Development Bank (AfDB) has appointed Festus Keyamo to champion its aviation program for Africa, which includes a new aircraft leasing initiative for airlines. This move aims to drive aviation reform and enhance the sector's capabilities across the continent.

The President of the African Development Bank (AfDB) announced that 12 of the world's 20 fastest-growing economies are located in Africa, underscoring the continent's economic resilience and growth projections.

The African Development Bank (AfDB) has conducted a workshop in Ivory Coast aimed at enhancing audit standards for projects financed by the bank, promoting transparency and accountability.

The Development Bank of Nigeria (DBN) has partnered with the African Development Bank (AfDB) to secure a $61 million package aimed at expanding credit access for women-led Micro, Small, and Medium Enterprises (MSMEs) in key sectors like agriculture.

The African Development Bank Group has approved $48.8 million to help restore essential services and strengthen resilience in the eastern Democratic Republic of Congo.

The African Development Bank (AfDB) is backing a new financial architecture designed to address the significant financing gap across the African continent.

The Democratic Republic of Congo's aviation sector is undergoing a significant turnaround, moving from past challenges to safer skies with support from the African Development Bank (AfDB).

The African Development Bank has approved a $200 million loan for Nigeria's Project Bridge, contributing to an $800 million sovereign financing package for the initiative.

The African Development Bank (AfDB) has expressed its intention to leverage African savings as a primary driver for economic development across the continent.

A new report from the African Development Bank (AfDB) indicates that Africa's economic resilience remains strong despite global challenges.

A banking unit of ZBFH has successfully secured a US$12 million credit line from ShafDB to support its operations.

Akinwumi Adesina and Kayode Fayemi celebrate former President Olusegun Obasanjo’s 89th birthday, praising his courageous leadership and role as a statesman Read More: https://punchng.com/ex-afdb-boss-adesina-fayemi-hail-obasanjo-on-89th-birthday/

ECOWAS and the African Development Bank have inaugurated the board for the $15 billion Lagos–Abidjan highway project, a 1,028 km corridor aimed at boosting trade and development across five West African nations.

Micron's CEO has given investors a compelling $10 billion reason to pay attention, signaling significant developments for the company. Meanwhile, the AfDB plans to invest nearly Rwf590 billion in Rwanda's agriculture sector.

Nigeria and the African Development Bank (AfDB) are pushing for African nations to gain greater control over their mineral wealth, emphasizing local value addition, processing, and industrialization to achieve economic independence.

Africa is projected to face an economic hit of $10-$20 billion due to a 'super' El Niño, with severe drought and flooding potentially leading to mass migration, warns the AfDB climate chief.

The African Development Bank (AfDB) is taking steps to connect Tunisia more closely with multilateral markets, aiming to enhance the country's economic integration and access to international financial platforms.

Nigeria's Federal Government, in collaboration with the AfDB and UN Women, has launched the 2030 Gender Equality Roadmap to address disparities and unlock economic potential.

The African Development Bank (AfDB) has reported that Nigeria's private sector credit stands at only 9.4% of GDP, a factor significantly hindering business growth in the country.

The African Development Bank (AfDB) will inject $125 million into African Trade and Investment Development Insurance (ATIDI), making it the biggest shareholder and boosting efforts to attract private capital through guarantees.

The President of the African Development Bank (AfDB), Sidi Ould Tah, stated that Africa needs to mobilize its estimated four trillion dollars in domestic savings to finance the continent’s development priorities. He made these remarks during a news conference.

The African Development Bank (AfDB) has appointed Festus Keyamo, Nigeria's Minister of Aviation and Aerospace Development, as the African champion for its $7 billion integrated aviation transformation program for the continent.

The African Development Bank forecasts a slowdown in Nigeria's economic growth by 2027, primarily due to anticipated easing global oil prices, despite a modest improvement expected in the near term.

The African Development Bank (AfDB) has projected a robust economic expansion for Ghana, forecasting the country’s Gross Domestic Product (GDP) to grow by 5.0 per cent in 2026.

The African Development Bank (AfDB) forecasts Mozambique's real GDP to grow by 2.1% in 2026, driven by a rebound in the extractive sector.

The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BoI) in Nigeria. This package aims to boost industrial growth and strengthen private sector productivity across key sectors of the Nigerian economy.

An article discusses Africa's evolving role in the global economy, focusing on its potential contribution to green industrialization beyond traditional resource extraction.

Morocco has secured a $510,000 grant from the African Development Bank to expand insurance access and is hosting the UN Tourism's first African Innovation Office. These developments highlight Morocco's growing role in regional and international initiatives.

The Nigerian Federal Government has committed to the Lagos-Abidjan highway project, emphasizing the need for higher standards and leaders' approval. This commitment is made in collaboration with ECOWAS and the African Development Bank (AfDB).

Former AfDB President Akinwumi Adesina declares Africa a global investable destination, citing strong GDP growth and opportunities for global investors. Read More:…

The African Development Bank is proposing strategies to transform domestic African savings into a significant engine for economic development across the continent.

Former AfDB President Akinwumi Adesina is set to receive the African Lifetime Achievement Award for his significant contributions to sustainable development across the continent.

The African Development Bank (AfDB) has emphasized the importance of workplace justice for women in the Democratic Republic of Congo, urging actions that go beyond existing legal frameworks.

UN experts have expressed concern regarding the African Development Bank's funding for a floating LNG project in Mozambique, citing potential environmental and social impacts.

Abia State partners with the African Development Bank on a $200m agro-industrial zone to boost infrastructure and private investment in agriculture. Read More: https://punchng.com/abia-teams-up-with-afdb-for-200m-agro%e2%80%91industrial-zone/

Courtesy visit: the new AfDB representative reaffirms his commitment to the DER/FJ and PAVIE 2  Seneweb

The African Development Bank (AfDB) intends to invest nearly Rwf590 billion in Rwanda's agricultural sector, aiming to boost the country's food security and economic development.

The African Development Bank (AfDB) has approved a $114 million loan to support the construction of a battery plant in Morocco.

The African Development Bank has approved a €205 million ($234 million) loan to Morocco to expand its high-speed rail network and upgrade infrastructure.

The African Development Bank (AfDB) has expressed its willingness to work towards bringing Tunisia closer to multilateral markets, according to a report by APAnews.

Shareholders of Shelter Afrique Development Bank (ShafDB) approved a major institutional evolution, rebranding as a multilateral bank to tackle Africa's $1.3 trillion urbanization crisis. The transformation includes a new visual identity.

The African Development Bank (AfDB) projects Ghana's GDP to grow at 5.0% in 2026 but notes the country faces an estimated investment financing gap of about 9% of GDP.

Prof. Kevin Urama, an Economic Expert from the African Development Bank (AfDB), stated that Nigeria could unlock significant development resources by utilizing pension funds, sovereign wealth assets, and other domestic institutional investors.

The African Development Bank (AfDB) has reiterated its commitment to providing financing for the Malaba–Kampala Standard Gauge Railway (SGR) line project.

The African Development Bank (AfDB) reports that 70% of Nigerian businesses rely on generators due to persistent electricity shortages, leading to a 3% loss in annual sales for these firms.

The African Development Bank (AfDB) has recommended that Tunisia diversify its financing partners and rely more on multilateral guarantees to secure its financial stability.

Nigeria has signed an aviation deal with the African Development Bank (AfDB) and is seeking the bank's backing for a $7 billion aviation program. The federal government aims to secure funding for its ambitious aviation development plans.

The African Development Bank (AfDB) forecasts a 5.4 percent economic growth for Tanzania, acknowledging the potential impact of ongoing geopolitical risks on the region.

The African Development Bank (AfDB) and the United Nations Population Fund (UNFPA) have signed a Memorandum of Understanding to strengthen maternal health systems and accelerate economic development across Africa.

The African Development Bank (AfDB) is holding meetings overshadowed by concerns about Ebola, as African nations continue to seek domestic funding for development initiatives.

The Bank of Industry (BOI) in Nigeria has secured a $200 million facility from the African Development Bank (AfDB) to provide long-term financing for the growth of small and medium-sized enterprises, with a focus on women and youth.

The 2026 African CEO Leadership Forum, supported by AfDB and IFC, will gather leaders in Lagos to promote Africa's economic transformation and growth.

The African Development Bank (AfDB) has approved a US$25 million grant to Zimbabwe, aimed at supporting communities most vulnerable to climate change impacts.

Senegal's default on payments has prompted the African Development Bank to freeze 1.63 trillion CFA francs, halting 39 projects and potentially delaying salaries for months.

The African Development Bank Group (AfDB) has approved a $200 million loan to support Nigeria's digital infrastructure expansion and job creation under the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE) Project.

The African Development Bank (AfDB) is seeking to leverage domestic African savings as a key driver for economic development across the continent.

The African Development Bank (AfDB) stated that Africa's growth risks were already tilted to the downside, with the Middle Eastern conflict further worsening the economic outlook for the continent.

The African Development Bank (AfDB) has invested $7 million in Saviu II to boost tech startups in Ivory Coast.

The African Development Bank (AfDB) and the African Union (AU) are advocating for visa-free travel across Africa, viewing it as crucial for unlocking economic transformation under the AfCFTA agreement.