African Development Bank

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Korea and Africa Chart New Course on AI, Digital Infrastructure at KOAFEC’s 20th Anniversary

The Korea-Africa Economic Cooperation (KOAFEC) partnership is opening a new chapter in Seoul next week, with artificial intelligence and digital…

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Business

AfDB Approves €205 Million to Expand Morocco’s High-Speed Rail Network

The African Development Bank (AfDB) has approved €205 million (approximately $240 million) in financing for Morocco to modernise and expand…

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News

Angola, AfDB Launch $100m Tech Park to Drive Innovation, Economic Diversification

The Angolan Government and the African Development Bank Group (AfDB) have inaugurated the Luanda Science and Technology Park (Luanda Tech)…

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Featured

AfDB Backs East Africa with $9m Grant, Showcases Investment Opportunities at Tunisia Forum

The African Development Fund (ADF), the lending arm of the African Development Bank (AfDB) Group, has approved a $9 million…

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Business

AfDB Approves $20 Million Facility to Boost Madagascar Businesses

The African Development Bank (AfDB) Group has approved a $20 million trade finance guarantee facility for Banque Malgache de l’Océan…

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News

AfDB Report Highlights Resilience of African Banks After Covid-19

The fifth edition of the African Development Bank’s Trade Finance Report has highlighted the resilience of African financial institutions in…

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Business

Justice for Her: AfDB Dialogue on Women’s Rights, Economic Empowerment in Africa

To commemorate International Women’s Day 2026, the African Development Bank Group, AfDB, hosted a high-level dialogue titled “Justice for Her:…

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Business

Nigeria: AfDB Loans $500 million to Support Energy Transition, Economic Governance

The Board of Directors of the African Development Bank Group meeting in Abidjan, approved a $500 million loan to Nigeria…

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News

COP30: AfDB to Champion Africa’s Push for Climate Finance Reform, Just Energy Transition

The African Development Bank (AfDB) is set to take a leading role in championing Africa’s push for major reforms in…

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Business

AfDB, UNFPA to Strengthen Partnership for African Women, Youths

The African Development Bank and the United Nations Population Fund (UNFPA) are seeking ways to further strengthen collaboration and advancing…

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