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2 months ago

AfDB approves $76.3m to expand Somalia road links in the Horn of Africa New AfDB funding supports road upgrades, community works, and trade facilitation across key regions in Somalia.

The African Development Bank Group has approved $76.37 million in additional financing to advance transport connectivity in Somalia, reinforcing a key segment of the Horn of Africa corridor linking Somalia with Djibouti and Ethiopia.

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7 months ago

World Bank Group joins African Development Bank Group and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy (MADE) Alliance: Africa - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 06th August 2025)   The World Bank Group will contribute to the initiative its expertise, data driven insights, and experience supporting sustainable digital transformation     The World Bank ...

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7 months ago

African Development Bank Approves $17 Million to Rebuild Conflict-Affected Northern Mozambique - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 18th July 2025)     The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $17 million grant to support recovery and resilient-building efforts in conflict-affect...

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11 months ago

African Development Bank and Mozambique launch drone-based initiative to strengthen country’s disaster preparedness - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 05th April 2025)     The Drone-Based Disaster Management Project will establish a drone training centre in Mozambique to train 30 professionals, including 10 instructors   The African Developm...

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11 months ago

African Development Bank Group approves €330mn loan to Cameroon "Redevelopment of Ngaoundéré-Garoua road section is crucial for improved connectivity and easier movement."

The African Development Bank Group (AfDB) has approved a loan of €330.48 million to Cameroon to redevelop and widen a key section of the Douala-Ndjamena economic corridor, a vital part of plans promoting strengthened regional integration.

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11 months ago

Africa’s Green Growth Agenda: Unlocking Opportunities for a Climate-Resilient Future - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 22nd March 2025)   By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future   The African Dev...

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1 year ago

Congo and the African Development Bank celebrate the strengthening of their strategic partnership for inclusive and sustainable development - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 05th March 2025)     Talks held by the African Development Bank Group in the Republic of Congo from 24 – 28 February 2025 marked a significant step forward in strengthening the strategic partn...

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1 year ago

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 12th February 2025)   The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to climate finance   The ...

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1 year ago

United States Trade and Development Agency (USTDA) and African Development Bank Renew Partnership - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 24th January 2025)   A significant new element of the partnership focuses on project preparation, highlighting USTDA and AfDB’s dedication to improving project design and readiness   The Afric...

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1 year ago

African Development Bank Group betting big dollars on growth Transnet gets $1bn, Tanzania arranges over $1bn for rail project. What’s moving the infrastructure sector in Africa?

Amadou Hott, candidate for the Presidency of the African Development Bank Group, in his new year address mentioned about making 2025 a pivotal year for Africa.

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1 year ago

African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 19th December 2024)   This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures     The African Development Bank  has announced a $10 million investm...

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1 year ago

African Development Bank to make $30 million equity investment in Africa Finance Corporation to catalyse climate action - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 17th December 2024)   The investment is projected to contribute to the creation of over 1,600 full-time equivalent jobs by 2031, while also fostering regional integration, and generating clean...

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1 year ago

African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade and travel - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 15th December 2024)   A significant part of the project involves reconstructing the Manombo bridge and creating two new two-lane bridges spanning 460 meters to enhance road connectivity       ...

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1 year ago

Zambia Lobito Rail Project receives boost from Biden's visit to Angola AFC has established a MoU with critical minerals enterprise KoBold Metals as an anchor client, securing a minimum of 300,000 tons of copper and related freight annually.

AFC has established a MoU with critical minerals enterprise KoBold Metals as an anchor client, securing a minimum of 300,000 tons of copper and related

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1 year ago

ADF approves loan for road connecting Burkina Faso, Mali with Côte d'Ivoire As landlocked countries, Burkina Faso and Mali rely heavily on overland corridors linking them to the seaports of neighbouring coastal countries for their international trade.

As landlocked countries, Burkina Faso and Mali rely heavily on overland corridors linking them to the seaports of neighbouring coastal countries for their

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1 year ago

African Development Fund to provide a partial credit guarantee to support the financing of green projects - ATC News by Prof. Dr. Wolfgang H. Thome (Posted 02nd December 2024)   The Togolese government will allocate the proceeds to eligible projects and initiatives in sectors aligning with the UN Sustainable Development Goals and the country’s Su...

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