50 Voices; 50 Stories: Celebrating the impact of the African Development Fund over five decades

Fifty years ago, the African Development Fund was founded on one fundamental principle: To promote economic and social development in the lives of people in low-income and fragile African countries. Today, the Fund remains a staunch partner of these countries, touching the lives of millions of people across the continent.

African Development Bank Group chief garners strong global support for Africa

African Development Bank Group President Dr Akinwumi Adesina concluded a three-day official visit to Washington DC on Saturday. Alongside the Spring Meetings of the International Monetary Fund and World Bank, the visit included several bilateral engagements with stakeholders on African development.,
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Importance of investing in health—Akinwumi Adesina, President, African Development Bank

Rwanda: African Development Bank approves loans of $180 million to reinforce transmission and last mile connectivity

The Board of Directors of the African Development Bank has approved two loans amounting to $180 million to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions in Rwanda. 
This follows the 26 May 2021 approval for $84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for the same project.

We-Fi announces new round of funding for women entrepreneurs; $15 million to the Africa Digital Financial Inclusion Facility to improve access to...

The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria.
This fourth round of financing of $54.8 million will benefit almost 69,000 women entrepreneurs in developing economies with access to digital technology and finance.

International Girls in ICT Day: Coding for Employment’s new digital skills training centres to boost women’s opportunity in information and...

The newest digital training centres of the African Development Bank’s Coding for Employment program will set aside half of their initial training slots to women applicants, the Bank said on International Girls in Information and Communication Technology (ICT) Day.
The Coding for Employment program, which equips African youth with the digital skills they need to contribute meaningfully to the global digital economy, is part of a foundational pipeline for girls and young women to pursue science and technology-related careers.

Adesina lays out steps for a collective global path on infrastructure financing

US Treasury Secretary Janet Yellen hosted G-7 Ministers and heads of multilateral development banks on Tuesday. The high-level virtual roundtable event to discuss scaling up of infrastructure financing—organized in the context of President Biden’s Building Back a Better World plan—was moderated by US Assistant Secretary for International Trade and Development Alexia Latortue.