The Latest Breaking News from the African Development Bank

African Water Facility projects improved water access for 23.2 million

Since 2006, the African Water Facility has provided grants and other support for 148 water and sanitation projects across Africa. The facility says those projects have improved access to water supply for 23.2 million people, provided sanitation access to 11.3 million people and equipped 2 million hectares with irrigation. It…

The Times of India · Sep 28

Mideast war presents 'serious risk' for Africa, major report warns

The Middle East war "presents a serious risk to Africa", the African Union and the African Development Bank (AfDB) said in a report seen by AFP Saturday.

Radio France Internationale · Apr 4

Why Africa needs a green bank to fund climate action and build its own renewable technology

Climate change is a profound challenge to the livelihoods of many people in African countries who have contributed so little to its cause. More frequent extreme weather events (floods, heatwaves and droughts) are making hunger, insecurity and displacement much worse. The continent holds an estimated 30% of the minerals that…

The Conversation · Mar 23

Sidi Ould Tah: Africa's New 'Super Banker'

Sidi Ould Tah is the first Mauritanian to become president of the African Development Bank (AfDB) and will need all his international experience to tackle the challenges facing the institution.

International Business Times · May 29, 2025

‘I don’t want freebies’: outgoing AfDB head on why investment, not aid, will shape Africa’s future

After a decade helming the African Development Bank, Akinwumi Adesina hands over to his successor this week. He explains his optimism despite the continent’s challenges

The Guardian - UK · May 29, 2025

Africa Elects Its Next 'Super Banker'

The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.

International Business Times · May 29, 2025

African Development Bank Chief Warns Of Tariff 'Shock Wave'

An onslaught of tariffs by the United States will send "shock waves" through African economies, the president of the African Development Bank said on Friday, warning of reduced trade and higher debt-servicing costs.

International Business Times · Apr 11, 2025

Africa sees gender equality progress, but continent ‘still only halfway there'

As the world marks International Women's Day, RFI looks at the situation in Africa. Women on the continent are closer to equality today than they were four years ago, according to the latest report by the UN and the African Development Bank, but the continent is still only halfway to…

Radio France Internationale · Mar 8, 2025

IMF isn’t doing enough to support Africa: billions could be made available through special drawing rights

At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the International Monetary Fund’s reserve asset.

The Conversation · Oct 23, 2024

Malawi Receives .2M Insurance Payout For Drought Relief

Malawi receives .2 million insurance payout for El Nino-linked drought relief, aiding vulnerable populations in the region.

Top News · Aug 20, 2024