The signing of this agreement marks a key milestone in implementing OCP Group’s 2023–2030 investment programme The African Development Bank Group (https://www.AfDB.org) and OCP Group signed an agreement in Rabat on 22 May 2026 for a partial credit guarantee amounting to €450 million, aimed at supporting the investment programme ofContinue Reading

This results-based financing is designed to strengthen the relevance, quality, and diversity of vocational training through the digitalisation of services, the large-scale rollout of learning systems, and stronger labour market integration mechanisms The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved €200 million in financing forContinue Reading

For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group (www.AfDB.org), has secured a record $11 billion from 43 Partners for its 17th ReplenishmentContinue Reading

The Senior Vice-President highlighted opportunities for strengthening partnership through business opportunity seminars that are held twice a year The Senior Vice-President of the African Development Bank Group (www.AfDB.org) Marie-Laure Akin-Olugbade welcomed Canada’s Special Envoy for Africa, Ambassador Ben Marc Diendéré, to the institution’s headquarters. The cordial meeting was marked by frank discussions,Continue Reading

The discussions focused on accelerating sustainable and resilient development as Africa faces the threat of climate change At Conference of the Parties (COP30), held in Belém, Brazil (10-21 November), the African Development Bank Group (www.AfDB.org) introduced a new, more interactive way to showcase its climate solutions by hosting informal, coffee-styleContinue Reading

The Programme aims to improve transport connectivity within Somalia, and between the country and its neighbours in the Horn of Africa The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $76.37 million in additional financing for the Road Infrastructure Programme in Somalia, a key component ofContinue Reading