AfDB joins global partners to raise financing for Zambia's Lobito Transportation Corridor

5 Regional Members set to join African Development Fund replenishment

5 African Development Bank Governors have signed an agreement committing to contribute at least $1 million to the replenishment of the African Development Fund (ADF), the concessional window of the Bank Group. Under the self-initiated agreement, the five-member constituency—The Gambia, Ghana, Liberia, Sierra Leone, and Sudan—will contribute to the ADF from its next replenishment cycle…

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Energy Capital & Power (ECP) (https://www.EnergyCapitalPower.com) has announced the winners of the  Angola Oil & Gas (AOG) 2023 Awards, with the awards presented during the fourth edition of the AOG conference and exhibition in Luanda, Angola.

Mauritania’s 80GW Hydrogen Pipeline Piques Interest by Germany, World Bank and Others

Mauritania has set forth plans for hydrogen projects that could potentially generate an impressive 80 GW of electrolyser capacity. This pipeline is being planned by several renowned companies, including CWP, Chariot, bp, Conjuncta, and Infinity, and while the aspirations for Mauritania to become a green hydrogen hub are significant, two main challenges lie ahead: financing…

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It is your turn!

I wish to congratulate you Mr. President for your stewardship of Nigeria for the past eight years. Thank you very much for all your strong support for me, as President of the African Development Bank Group. Without your strong support for me in 2015, and then in 2020, I would not have been President of…

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AfDB joins global partners to raise financing for Zambia's Lobito Transportation Corridor

AFDB: Africa remains resilient to new shocks

African Development Bank Group has highlighted its critical contributions to the continent’s development and the wellbeing of its people in 2022. The Annual Development Effectiveness Review published yearly since 2011, assesses the Bank’s support to the sustainable development of African countries. It specifically monitors contributions to the Bank’s High 5 strategic priority areas driving Africa’s…

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The African Development Bank President (www.AfDB.org), Dr Akinwumi Adesina, has pledged his institution’s full support to the United Nations Secretary General’s Early Warning for All initiative and the Systematic Observations’ Financing Facility. The Bank is the implementing entity for the Facility in Africa.

Africa is set to be the second-fastest growing region in the world – AFDB

Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks. But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report…

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MTN creates shared value, with ESG at the core

MTN Group is committed to enabling the benefits of a modern connected life for everyone in our markets. Our 2022 Sustainability Report (SR) spells out our work in the year to create shared value, with ESG at the core. In a year fraught with challenges, we remained focused onensuring that we create value for our stakeholders through responsible environmental, social, governance and economic value-added practices and solutions. The challenges included the…

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