South Africa Joins Afreximbank, announces US$8bn Country Programme
A US$8 billion commitment: H.E. Cyril Ramaphosa, President of South Africa and Dr. George Elombi, President and Chairman of Afreximbank at the Country’s accession signing ceremony, marking the launch of a major Country Programme engineered to bolster the South African economy.
Johannesburg, South Africa, 04 February 2026: – The Republic of South Africa has today officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), Africa’s leading Multilateral Financial Institution, marking the formal entry of one of Africa’s largest economies into the Bank’s membership, heralding deeper financial sovereignty.
AfDB–AFD meeting aligns partners on energy, jobs and agriculture as cofinancing nears €2.4bn
The African Development Bank Group and Agence Française de Développement (AFD) have held discussions on scaling up joint investment and aligning more closely on Africa’s development priorities.
Benin: Launch of the Action Plan for the Circular Economy
The Government of Benin, the African Development Bank Group, and the African Circular Economy Alliance (ACEA) will officially launch the Action Plan for the Circular Economy of Benin (PAEC) on February 4, 2026, in Cotonou.
Joint Statement of the African Union Commission and the United States on the Launch of a Strategic Investment Working Group
The Chairperson of the African Union Commission (AUC) Mahmoud Ali Youssouf and the US Deputy Secretary of State Christopher Landau and met yesterday, Wednesday 28 January 2026 at the African Union Commission in Addis Ababa to reaffirm the importance of the U.S.-Africa relationship through the African Union (AU).
African Development Bank Group strengthens strategic ties with Korea to advance knowledge exchange and development cooperation
The African Development Bank Group has renewed a key agreement with the Korea Development Institute (KDI) School of Public Policy and Management, as part of a broader effort to strengthen partnerships, advance human capital development, and promote knowledge exchange between the Bank and Korea.
During an official visit to the Republic of Korea in November 2025, Jacques Edjangue, Bank Group Vice President for People and Talent Management, signed a Memorandum of Understanding (MOU) extending the partnership, which started in 2014.
Mozambique: African Development Bank Approves $150 million for Coral North Floating LNG Project
The Board of Directors of the African Development Bank approved on 14 January a $150 million senior loan to support the development of the Coral North Floating Liquefied Natural Gas Project, a transformative energy infrastructure initiative located offshore Mozambique.
African Development Bank approves $16.5 million loan to boost Kenya’s clean energy transition
The Board of Directors of the African Development Bank Group has approved a loan of $16.5 million to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power Plant last November, a flagship renewable energy project that will increase Kenya’s baseload generation and accelerate its clean energy transition.
The African Development Bank launches USD 1 billion 4.125% Global Benchmark due January 2036
On Wednesday 14th January, the African Development Bank (“AfDB”), rated Aaa/AAA/AAA (Moody’s/S&P/Fitch) successfully priced a new USD 1 billion 10-year Global Benchmark due January 2036, the Bank’s first USD benchmark of the year. This transaction is the Bank’s second 10-year USD benchmark following the inaugural USD 1 billion 10-year issued in June 2025.
Arab Coordination Group and African Development Bank Group Launch a Structured Strategic Partnership to Scale Co-Financing and Investment in Africa
The Arab Coordination Group (ACG) and the African Development Bank Group (AfDB) today launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating Africa’s economic transformation.
Levene Energy Secures $64M Facility from Afreximbank to Acquire Strategic Stake in Axxela Limited
Abuja, Nigeria – 9th January 2026 –African Export-Import Bank (Afreximbank) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco Limited (the “Acquirer”) enabling the acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies.