African Development Bank | Bizcommunity

African Development Bank | Bizcommunity

News

Source: Supplied.

Infrastructure & Utilities

Emfuleni set for water infrastructure overhaul after R7bn funding commitment

16 May 2025

Source: © es-Cape Town

Affordable & Social Housing

PCG help local developers to build affordable homes

12 May 2025

Infrastructure & Utilities

African Mining Week: Role of infrastructure to unlock mining potential

25 Apr 2025

Inaugural Africa Food Show set for June 2025

Exhibitions & Events

Inaugural Africa Food Show set for June 2025

17 Apr 2025

Source: © 123rf Inspired Evolution has announced the final close of its Evolution III Fund on 3 March 2025, securing total commitments of $238m for clean energy in Africa

Renewables & Energy Efficiency

Final close of $238m Evolution III Fund for clean energy in Africa

2 Apr 2025

Source: Supplied. Motlatsi Mthimunye, Head Investment Banking Division SA, Absa CIB.

Finance

Africa's capital markets: The key to weathering global economic storms

Heidi Barends and Motlatsi Mthimunye 28 Mar 2025

Ethiopian Airlines Group CFO Mensfin Tasew (left) and AfDB Vice President Nnenna Nwabufo display copies of the signed letter of intent. Standing behind them are Ethiopia’s Finance Minister Ahmed Shide (left) and Bank Group President Dr. Akinwumi Adesina (in bow tie)

Travel

AfDB, Ethiopian Airlines commit to $7.8bn Abusera International mega airport project

27 Mar 2025

Source: Supplied.

Financial Services

Africa's digital future: Mastercard's $1.5tn vision for growth

26 Mar 2025

Source: Reuters.

Banking

EIB reviews financing for $760m hydro project over DRC war

14 Mar 2025

A look at wellbeing programme rewards that make you save smarter

Banking & Finance

A look at wellbeing programme rewards that make you save smarter

Jaco Oosthuizen 28 Feb 2025

AfDB, Standard Bank partner for R3.6bn SMME funding and trade growth

SMEs

AfDB, Standard Bank partner for R3.6bn SMME funding and trade growth

26 Feb 2025

Source: Reuters.

Markets & Investment

African leaders approve creation of financial stability fund

Dawit Endeshaw 19 Feb 2025

Africa's luxury goods markets emerge as a powerhouse

Sales

Africa's luxury goods markets emerge as a powerhouse

18 Feb 2025

Pegasys joins RSK Group to advance global development goals

ESG & Sustainability

Pegasys joins RSK Group to advance global development goals

Issued by Stone 5 Feb 2025

Source: Ben April, Associate Director: ESG leader for KPMG in Africa.

Trends

#BizTrends2025: COP29 reflections and the importance of sustainable finance and investment

Ben April 4 Feb 2025

A woman uses a donkey cart to transport a barrel of water in drought affected areas in Higlo Kebele, Adadle woreda, Somali region of Ethiopia, in this undated handout photograph. Michael Tewelde/World Food Programme/Handout via Reuters/ File Photo

Climate Change

Climate Investment Funds board backs $500m Ethiopia nature plan

Simon Jessop 6 Dec 2024

Source: Reuters.

Banking

Italy and African Development Bank sign $420m co-financing deal

Ahmed Eljechtimi 5 Dec 2024

Barloworld Equipment executive for operations in South Africa, Bongani Miya.

Infrastructure & Utilities

Sustainable infrastructure plays a vital role in the future of Africa

20 Nov 2024

Africa’s Big 7 rebranded as Africa Food Show

Exhibitions & Events

Africa’s Big 7 rebranded as Africa Food Show

18 Nov 2024

Climate Change

African countries shouldn’t have to borrow money to fix climate damage they never caused – economist

Carlos Lopes 6 Nov 2024

Office Property

Why Africa’s real estate boom is unstoppable despite economic pressures

21 Oct 2024

Source: Supplied. Leila Mokaddem, director-general, Southern Africa, AfDB; Charles Russon, Absa group interim chief executive officer designate and Deon Raju, Absa group financial director.

Banking

Empowering African women: Major financial package unveiled by Absa and the African Development Bank

15 Oct 2024

CEOs, world leaders and artists call for urgent investment in Africa's future

NGO, NPO & Social Enterprise

CEOs, world leaders and artists call for urgent investment in Africa's future

Issued by OnPoint PR 11 Oct 2024

Bridgewater and Global Citizen LED Economic Development Assembly coming to Abidjan on 9-10 October

Economy

Bridgewater and Global Citizen LED Economic Development Assembly coming to Abidjan on 9-10 October

Issued by OnPoint PR 13 Sep 2024

Source: Supplied. Cote d’Ivoire President Alassane Ouattara gives rousing remarks during the African Development Bank's 60th anniversary celebrations.

Banking

African Development Bank turns 60: A legacy of hope and progress

12 Sep 2024

Finance

RMB: Africa's top investment destinations

12 Aug 2024

AfDB approves R18.5bn loan for Transnet

Logistics & Transport

AfDB approves R18.5bn loan for Transnet

Nelson Banya 19 Jul 2024

Are SA schools ready to teach coding and robotics? The experts say — yes!

Primary & Secondary Education

Are SA schools ready to teach coding and robotics? The experts say — yes!

Issued by Oxford University Press 25 Jun 2024

African countries could unlock billions in local and global trade – what’s working and what’s not

Logistics & Transport

African countries could unlock billions in local and global trade – what’s working and what’s not

Bedassa Tadesse 13 Jun 2024

Source: Reuters.

Markets & Investment

IMF board approves members to channel reserve assets to MDBs for hybrid instruments

Andrea Shalal 16 May 2024

Image supplied. Last year's African Banker Award. the African Banker magazine’s African Banker Awards nominees have been announced for this year

Banking

3 women nominees for African Banker Awards Banker of the Year

7 May 2024

News flash: Calling all businesses with an Africa expansion strategy

ESG

News flash: Calling all businesses with an Africa expansion strategy

Issued by Shift Social Development 2 Apr 2024

Source: Supplied.

Banking

AFC raises $1.16bn syndicated loan, its largest ever, in mission to close Africa’s infrastructure gap

26 Mar 2024

UK invests $100m to enhance Africa's food security and trade

Food Security

UK invests $100m to enhance Africa's food security and trade

Simon Jessop 25 Mar 2024

Source: Supplied.

Healthcare

To tackle poverty, Africa needs welfarist policies and people-centred development - Adesina

4 Apr 2024

Image source: Pixabay from

Food, Water & Energy Security

South Africa and Zimbabwe enter landmark water sharing deal

18 Mar 2024

Source: Reuters.

Economy

Economic growth falls to 3.2% in 2023, African Development Bank

Rachel Savage 16 Feb 2024

Source: Supplied. San Martinho Beach Club in Mozambique.

Markets & Investment

Unlocking investment magic: Beekman Group's hidden gems

6 Feb 2024

The African Development Bank loan will enable CFM to buy 10 locomotives, 300 wagons, and 120 tank containers. Source: African Development Bank Group.

Infrastructure & Utilities

African Development Bank funds $40m upgrade to Mozambique’s key railway line

4 Feb 2024

Source: Supplied.

Finance

AfDB's historic $6bn ESG milestone

1 Feb 2024

South African business schools must take advantage of growth in trade and investment in Africa

Education & Training

South African business schools must take advantage of growth in trade and investment in Africa

Dr Chante van Tonder, Issued by JNPR 25 Jan 2024

Virusha Subban is a partner and head of Tax in Baker McKenzie's Tax Practice Group in Johannesburg

Trends

#BizTrends2024: Africa's growing role in global trade dynamics

Virusha Subban 8 Jan 2024

UAE leads early investment in African renewables

Renewables & Energy Efficiency

UAE leads early investment in African renewables

19 Dec 2023

Banking

AfDB greenlights $300m loan to bolster SA's energy governance and climate resilience

13 Dec 2023

Africa's open visa policy eases cross-border travel, unlocks trade and investment

Tourism

Africa's open visa policy eases cross-border travel, unlocks trade and investment

13 Dec 2023

Communities in South Africa's coal heartland in Mpumalanga will be most affected by the energy transition.

Renewables & Energy Efficiency

SA secures $300m loan for Energy Governance and Climate Resilience

12 Dec 2023

Source: Reuters.

Taxation & Regulation

#COP28: Development bank head urges African exemption from EU carbon tax

Simon Jessop 7 Dec 2023

Joseph Nganga addresses the crowd at the BESS Consortium launch. Source: Supplied.

Renewables & Energy Efficiency

#COP28: African countries commit to battery storage consortium

4 Dec 2023