Making Money Work for Better: Utilising International Financial Institutions’ Reserve Finances for Sustainable Development

With Caribbean countries needing more than USD100 billion to fund sustainable development projects, we will look at new ways to unlock capital and work with financial institutions to provide affordable financing for the region in the first seminar on the 53rd Annual Meeting events calendar.

Nigeria: African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa

The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for all fintech activities in Africa.
The agreement was signed on 4 April 2023.

The African Development Fund's new Climate Action Window, a pivotal instrument for strengthening Africa's climate resilience

In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners created a Climate Action Win