The Latest Breaking News from AfDB

Several African nations have committed to open up their electricity sectors to attract investors and light up the homes of 300 million people currently lacking power over the next six years. "Mission 300" is driving the agenda at a two-day energy summit in Tanzania.

Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance

In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities

The Nairobi Declaration represents a united front for Africa before negotiations for more funding at COP28.

The African Development Bank has moved to fast-track Zimbabwe’s $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe’s reforms. The bank is leading efforts to clear Zimbabwe’s crippling debts.

Egypt’s preparation are underway for the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh next May. Egypt's President Abdel-Fattah El-Sisi affirmed on Tuesday his country’s keenness on maintaining African interests in all forms and at all levels. Sisi met with the African Development Bank Chairman Akinwumi Adesina…

Africa must wean itself off dependence on food and medicine imports, the president of the African Development Bank (AfDB) said, as the institution approved creation of a pharmaceutical tech foundation and began processing requests for food relief.

In DR Congo, the most-neglected country on list for 2nd year running, a third of the population went hungry last year.

Akinwumi Adesina believes the Russia-Ukraine war will have a ripple effect on food security and energy supply.