A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated $90 billion that Africa loses annually to illicit financial flows, as the African Development ...

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB), is tackling charcoal dependence in Kenya, Uganda, and Zambia with a $4 million reimbursable grant. This ...

As global capital flows evolve and development assistance dwindles, Africa finds itself at a critical point. On 28 May, during the African Development Bank Group's 2025 Annual Meetings, senior leaders ...

Thirteen-year-old Beni Cial Yumba Musoya used to spend her days scavenging for cobalt under the scorching sun in the artisanal mines of Kolwezi. Today, she dreams of donning a white coat and saving ...

African countries are demonstrating meaningful progress in sovereign debt management to achieve inclusive growth and structural transformation. The reforms, from fiscal tightening in Ghana and new ...

THE BANK: Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member ...

The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This financing marks a ...

THE BANK: Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member ...

Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and trade tensions, the ...

At Konioudou Primary School in Bazèga province, Françoise Koanda watches 506 kids (274 girls and 232 boys) dig into bowls of babenda, a mix of leafy greens and peanut powder. She’s been the school’s ...

The African Development Bank Group and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert to Power Eritrea 12MW Mini Grid Project. Eritrea’s Minister of Finance and ...