Also known as: AfDB · African Development Bank Group
Multilateral development finance institution supporting infrastructure, energy, agriculture and entrepreneurship projects across Africa, including recent rail financing in Morocco and green business initiatives in West Africa.
Verbatim sentences from the source article.
Business & Financial Times
… International development finance institutions, the IFC, DEG, FMO, AFC, and the African Development Bank among others, can support energy, digital infrastructure, and large-scale projects. …
Why we need a CEO-Gov’t Compact to accelerate economic transformationJoy Online
… An Oxford-trained economist, he has worked with the African Development Bank, the Commonwealth, ODI Global, and the International Growth Centre, and currently serves as Managing Director of ARK Group International, advancing innovative finance and diaspora investment
Ghana’s SMEs need better access to capitalJoy Online
… It is supported by partners such as the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the International Fund for Agricultural Development (IFAD), Google and Bayer.
Ghana launches AgriConnect Compact to strengthen food security, create jobs, mobilise investmentBusiness & Financial Times
… In response, the African Development Bank has intensified engagement with Arab development institutions, including organizations connected to Kuwait and the broader Arab Coordination Group. …
Kuwait Fund for Arab economic development and Africa’s development future: Strengthening global partnershipsBusiness & Financial Times
… Leverage development finance institutions (DFIs) Donor Funding Institutions (DFIs) such as AfDB, IFC, and the World Bank offer concessional financing, guarantees, or risk-mitigation instruments. …
PPPs are critical to sports infrastructure: Lessons from MoroccoJoy Online
… He acknowledged the support of the World Bank and the African Development Bank in advancing the initiative. …
ECOWAS targets rice self-sufficiency by 2035, seeks investment to close supply gapJoy Online
… The new regime was announced by the Minister of Agriculture, Eric Opoku, at the West Africa Rice Investment Roundtable in Accra, organised in partnership with the World Bank, ECOWAS Commission, and the African Development Bank. …
Government to tie rice imports to local production in major policy shiftJoy Online
The African Development Bank will inject $125 million into African Trade and Investment Development Insurance (ATIDI) to become its biggest shareholder and ramp up the use of guarantees to attract private capital, the bank’s president told Reuters. …
AfDB to become top shareholder in Africa guarantee platform to boost derisking pushJoy Online
… Every year, according to the African Development Bank, between ten and twelve million young Africans enter the labour market. …
What Is Wrong with Us: Why we keep chasing payslips while ignoring the payrolls that create themJoy Online
… In South Africa, nearly 73% of citizens now express distrust toward African immigrants, even as the country accounts for over 40% of all intra African trade. “At a time when the AU, AfCFTA, Afreximbank, the African Development Bank, and the Africa Monologue Challenge are working …
ACCP raises alarm over rising xenophobia in South Africa, calls for intervention of AU and AfCFTAThe Development Bank Ghana has disbursed more than GH¢2.5 billion since inception, with nearly half going to businesses outside Greater Accra and over 60% to women-led and women-owned enterprises. The bank has reached almost 1,000 businesses and prioritizes agriculture, manufacturing, ICT, and high-value services to drive economic transformation.
4 September 2026 · Joy Online →
The Development Bank Ghana has disbursed more than GH¢2.5 billion since inception, with nearly half going to businesses outside Greater Accra and over 60% to women-led and women-owned enterprises. The bank has reached almost 1,000 businesses and prioritizes agriculture, manufacturing, ICT, and high-value services to drive economic transformation.
4 September 2026 · Joy Online →
Developing economies often commit vast sums to deciding what to buy but reflect little on what that spending should ultimately build, resulting in technically sound projects that leave countries no stronger than before the contract was signed. The article argues that value for money is fundamentally a boardroom governance failure, requiring strategic intent and measurable outcomes to be defined before procurement begins.
31 August 2026 · Joy Online →
Senyo Hosi called for closer cooperation between governments and businesses, emphasizing the need for clear rules, public investment, and reliable institutions to drive Africa's economic transformation and create jobs.
27 August 2026 · Joy Online →
At the Future of Energy Conference 2026 in Accra, the ECOWAS Bank President warned that Africa's industrialisation ambitions cannot succeed without adequate, reliable and affordable energy. He noted that Africa has historically supplied raw materials while importing finished products, and that over 600 million Africans remain without electricity; the African Development Bank estimates Africa requires $25 billion annually for universal electricity access.
25 August 2026 · Joy Online →
Africa has no shortage of entrepreneurs and innovators, but lacks the institutional architecture to scale ideas—documentation, due diligence frameworks, and structures that can attract capital and survive beyond their founders. The next development challenge is building institutions capable of carrying ideas far enough to form credible partnerships and withstand scrutiny.
23 August 2026 · Joy Online →
Ghana's SMEs account for approximately 60% of GDP and over 90% of all businesses, but face severe structural challenges including a $4.8 billion annual financing gap and limited market access. Information and Communication Technology is emerging as a potential solution to bridge these gaps and unlock entrepreneur potential.
20 August 2026 · Joy Online →
The ECOWAS Bank for Investment and Development has been upgraded from B2 to B1 by Moody's Ratings, reflecting improved financial position, asset quality and capitalisation. The upgrade was supported by the African Development Bank's recent entry as EBID's first institutional shareholder and the bank's progress towards investment-grade status.
18 August 2026 · Joy Online →
About 150 smallholder vegetable farmers in the Bono Region received training in good agronomic practices and vegetable nutrition for tomato, okra and amaranth production. The training, organised under the TAAT II Vegetable Compact Project, covered seed selection, planting seasons, land preparation, nursery management, and safe use of agrochemicals.
6 August 2026 · The Ghanaian Times →
Invest in Africa has opened applications for the MicroGREEN Programme, a scheme funded by the African Development Bank aiming to support 1,000 young entrepreneurs aged 18–35 in Ghana and Senegal across agroforestry, fisheries, aquaculture and biodiversity value chains. Successful applicants will receive entrepreneurship training and business development support.
4 August 2026 · Joy Online →
VRA CEO Edward Ekow Obeng-Kenzo called on African utility companies to strengthen collaboration and harness the continent's natural resources to deliver affordable and reliable electricity, arguing that fragmented approaches and lack of cooperation hinder industrial growth and poverty reduction. He made the remarks at the Executive Committee Meeting of the Association of Power Utilities of Africa (APUA) in Accra.
3 August 2026 · Joy Online →
SMEs in Ghana and Africa have unrealised potential due to deficient financial management capabilities; research by the University of Ghana Business School indicates that targeted financial literacy interventions can increase SME profits by approximately 26%, and digital financial tools offer a pathway to formalisation and sustainable growth.
28 July 2026 · Joy Online →
President John Dramani Mahama has called on African governments to place the African Continental Free Trade Area (AfCFTA) at the centre of their development strategies and use it as a catalyst for industrialisation and economic transformation. His remarks came at the opening of a High-Level Conference on Governance, Critical Minerals and Conflict in Africa in Accra, where he stressed that Africa must responsibly harness its critical mineral resources to promote peace and drive sustainable economic transformation.
28 July 2026 · The Ghanaian Times →
The West and Central Africa Regional Director of UNFPA urged parents and caregivers to provide adolescent girls with comprehensive sexual and reproductive health education to protect them from unintended pregnancies and maternal deaths, noting that more than 30 per cent of maternal mortality in the region is among adolescent girls and is preventable.
24 July 2026 · The Ghanaian Times →
The UNFPA Regional Director for West and Central Africa has urged African governments to boost domestic investment in healthcare to end preventable maternal deaths, citing inadequate financing and unequal access to quality care in rural areas as key obstacles.
23 July 2026 · Joy Online →
While African governments are increasingly effective at raising capital through conferences and new financing vehicles, the real challenge is translating investment commitments into well-prepared, execution-ready projects; South Africa's experience shows only 42% of $91 billion in investment pledges since 2018 had actually flowed into the economy by March 2026.
22 July 2026 · Joy Online →
Ghana is betting on data sovereignty and local infrastructure through initiatives like a $10 billion road programme and a Bank of Ghana directive requiring sensitive financial data to be stored domestically. Ivorian entrepreneur Hassan Dakhlallah, who has pursued similar policies in infrastructure and digital infrastructure, is arriving in Accra as the country seeks execution partners for these ambitions.
21 July 2026 · The Ghanaian Times →
Nigeria has launched a $500 million agriculture investment fund for the Niger Delta region to raise food output and strengthen food security, with investments in aquaculture, palm oil, and marine resources supported by the World Bank, African Development Bank, Islamic Development Bank, and private investors.
16 July 2026 · Joy Online →
Farihan Alhassan, Managing Director of GCB Bank PLC, argued at the African Business Leaders Awards in London that Africa's financing challenges stem not from capital scarcity but from the need to build better risk structures and predictable investment environments. He cited an infrastructure financing gap of between US$68 billion and US$108 billion annually and a widening climate finance deficit, attributing barriers partly to the "Africa risk premium" that inflates borrowing costs despite lower default rates on infrastructure investments in the region.
15 July 2026 · Joy Online →
Ghana's overconcentration of top students in medicine and law stems from British colonial-era hierarchies that elevated medical officers and lawyers as symbols of middle-class security and social advancement, while engineers and agricultural specialists remain undervalued and underutilized despite Ministry of Education targets favouring science and technology.
14 July 2026 · The Ghanaian Times →
The African Development Bank approved a €205 million ($234 million) loan to help Morocco extend its high-speed rail network and upgrade infrastructure along the Kenitra-Marrakech corridor, part of Morocco's $10 billion investment plan ahead of the 2030 FIFA World Cup.
9 July 2026 · Joy Online →
Ghana's electricity and water sectors are undertaking a digital transformation through a new Regulatory Information Database Management System (RIDBMS) Phase II project, funded by the Korea-Africa Economic Cooperation Trust Fund through the African Development Bank, aimed at improving regulation, service delivery, and consumer protection by enabling real-time data exchange between regulators, utility companies, and consumers.
9 July 2026 · Joy Online →
The Mamprugu Moagduri District Assembly has implemented 23 major development projects across education, health, water and sanitation, and other sectors between January 2025 and June 2026, using GH¢13.7 million from the District Assemblies Common Fund and support from development partners.
9 July 2026 · Joy Online →
Greater Accra relies on only two major landfill facilities and faces an acute shortage as the Kpone landfill is expected to shut down within the next six months after reaching full capacity, according to the Managing Director of Waste Landfills Company Ltd. The alternative 120-acre Adepa landfill, located beyond Nsawam, presents operational challenges due to its distance from Accra.
9 July 2026 · The Chronicle →
The Finance Ministry disclosed that $4.2 million transferred from the Greater Accra Resilient and Integrated Development (GARID) Project for Covid-19 expenditure under the Akufo-Addo administration remains unretired. Technical Advisor Frederick Amissah said there had been no delays in GARID fund releases, though nearly half of the $137 million drawn down was redirected to Covid-19 spending.
7 July 2026 · Joy Online →
Ghana's Ministry of Finance alleges that the Akufo-Addo administration diverted $65 million from a World Bank-funded flood protection project (GARID) to finance Covid-19 activities. The Technical Advisor also cited another World Bank project where almost GH¢1 billion was spent on travel in 2024.
7 July 2026 · Joy Online →
The Ministry of Finance rejected claims that government delayed funds under the Greater Accra Resilient and Integrated Development (GARID) Project, stating that funds have been released as expected. The ministry noted that GARID is a World Bank-funded loan worth $350 million that must be repaid, and said President Mahama's flood committee directed resources from the facility to support flood interventions.
7 July 2026 · Joy Online →
A Ministry of Finance technical advisor has questioned how millions diverted from a World Bank-funded project to support Ghana's Covid-19 response were spent, citing a $3 million expenditure labeled only as "support" with no clear explanation.
7 July 2026 · Joy Online →
Ghana's Ministry of Finance has applied to the Bank of Ghana for a licence to establish a Women's Development Bank as part of a financial inclusion initiative. The move has reopened debate over whether a new bank is needed, though proponents see it as addressing women entrepreneurs' limited access to finance.
1 July 2026 · Business & Financial Times →
The Ghana National Fire Service confirmed that at least 12 people have died and nearly 500 others have been rescued following extensive flooding in Greater Accra Region after Monday's heavy rains. Despite approximately US$990 million in multilateral financing for flood resilience and water infrastructure between 2000 and 2024, Ghana continues to suffer devastating floods.
1 July 2026 · Business & Financial Times →
Ghana has secured approximately $990 million in multilateral financing between 2000 and 2024 for flood resilience, sanitation, and water infrastructure, with about $723 million specifically targeted at Greater Accra and GAMA, yet the country continues to suffer devastating floods almost every rainy season.
30 June 2026 · Joy Online →