Namibia: What AfDB’s $1.78 Billion CSP Strategy Mean for Country

Namibia

The African Development Bank’s (AfDB) approval of a $1.78 billion Country Strategy Paper (CSP) for Namibia offers the country an opportunity to drive inclusive economic growth. Development Diaries reports that the 2025-2030 strategy is expected to pave the way for job creation and economic diversification. According to the bank, it is also meant to address […]

Attend: AfDB Launch of Anti-Money Laundering Action Plan

AfDB

What: Launch of Action Plan for Anti-Money Laundering and Combatting Illicit Financial Flows When: 25 February, 2025 (10:45am–1:25pm) Where: Zoom The African Development Bank (AfDB) will launch its new three-year Action Plan for Anti-Money Laundering and Combating Illicit Financial Flows (2024–2026) through an online event. The event will bring together experts to discuss practical solutions […]

AfDB-Supported Energy Project in Senegal: Ensuring Light Shines Equally for All Senegalese

Senegal energy

The African Development Bank’s (AfDB) €8.51 million loan to Senegal’s ‘Programme to Promote Efficient Lighting Lamps’ (PPLEEF) is a great initiative, but who will ensure this light shines equally for all Senegalese, especially the everyday citizens often left in the dark? Development Diaries reports that the AfDB announced the approval of the loan in a […]

Comoros: AfDB’s $135 Million Grant and Action Government Must Take

AfDB Comoros

Comoros has a great opportunity to improve its economy following the African Development Bank’s (AfDB) $135 million grant award to the country to develop its ports and facilitate regional trade. Development Diaries reports that the AfDB, in a statement, announced that its board had approved a $135 million package to the country – its largest […]

Mauritania: AfDB’s Rural Women Empowerment Commendable

Rural women in Mauritania face numerous challenges that impede their socio-economic advancement and overall well-being. Development Diaries reports that one of the primary issues is limited access to resources such as land, credit, and agricultural inputs. Cultural and legal constraints often restrict women’s ownership and control over land, while financial institutions typically have stringent requirements […]

Attend: AfDB Access Africa Climate Change Fund Webinar for CSOs

What: Training workshop to provide information and training to civil society organisations (CSOs) on the Africa Climate Change Fund’s procedures and the funding application process When: 17 May, 2024 (09:00–10:00am) Where: Online The virtual webinar aims to equip CSOs with the knowledge and skills to tap funding from the Africa Climate Change Fund (ACCF) ahead […]

Register: AfDB-NIS Rwanda Innovate Africa Symposium

What: Second Edition of the Innovate Africa Symposium: ‘Strengthening Data Governance in the African Data Ecosystem’ When: 02–04 October, 2024 Where: Kigali, Rwanda The African Development Bank’s statistics department, in collaboration with the National Institute of Statistics Rwanda (NISR), will host the Second Edition of the Innovate Africa Symposium. Centered on ‘Strengthening Data Governance in […]

Ethiopia: Demand for Justice as AfDB Withdraws Staff

AfDB

Ethiopia still has an opportunity to uphold human rights and ensure violators are brought to justice following the African Development Bank’s (AfDB) decision to withdraw all its international staff from the country. Development Diaries reports that Ethiopian security forces unlawfully arrested, physically assaulted, and detained two staff members of the bank in October 2023 without charge […]

Zimbabwe: AfDB Provides Support for SMEs

The African Development Bank (AfDB) has approved a $25 million trade finance line of credit facility for Zimbabwe to be used to boost local firms and small and medium-sized enterprises (SMEs). Development Diaries reports that the credit facility is for the Central Africa Building Society of Zimbabwe, to enhance foreign currency liquidity support for the […]

Mozambique: AfDB Provides Electricity Support

The African Development Bank (AfDB) has approved a grant of U.S.$33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project. Development Diaries reports that the grant is from the transition support facility, a financial instrument of the bank specifically for states undergoing transition. According to the bank, the project aims to increase the […]