African Development Bank Group and World Bank set path for transformative collaboration in Africa

A productive working meeting in Abidjan on Tuesday between Senior Vice-President of the African Development Bank Group Bajabulile Swazi Tshabalala and a delegation from the World Bank led by Managing Director for Operations Anna Bjerde has resulted in a mutual agreement to identify key areas for intervention and...

African Development Bank enters new $1 billion exposure exchange with the Asian Development Bank to increase development lending capacity

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank. The transaction will support its efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts to create buffers within the African...

African Development Bank Group rallies behind Zambia and plans up to $150 million in budget support as country succeeds with debt restructuring.

African Development Bank Group President Dr Akinwumi Adesina has completed a two-day official visit to Zambia where he met with President Hakainde Hichilema to discuss further support for the country as it emerges from a successful $6.3 billion debt restructuring for bilateral debtors, under the G20 Common Framework on debt...