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.
The High-Level Consultation Meeting convened at the AfDB’s headquarters in Abidjan, established a common platform to move from fragmented cooperation toward programmatic, large-scale co-investment aligned with the continent’s economic development priorities.
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.
ECOWAS and Russia strengthen partnership during second ministerial conference of the Russia – Africa partnership forum
Within the framework of the 2nd Ministerial Conference of the Russia-Africa Partnership Forum being held in Cairo, Egypt, on the 19th to 20th of December, 2025, the President of the Commission, H.E. Omar Alieu TOURAY held a bilateral meeting with the Russian Minister of Foreign Affairs, H.E. Sergey LAVROV.
Joint Press Release of the African Union – China Strategic Dialogue
The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, and Member of the Political Bureau of the CPC Central Committee, and Minister of Foreign Affairs of the People’s Republic of China, H.E. Wang Yi, held the 9th China–African Union Strategic Dialogue at the African Union Headquarters in Addis Ababa on 8 January 2026. On the same occasion, the two principals jointly attended the opening ceremony of the 2026 China–Africa Year of People-to-People Exchanges.
African Development Bank Group Welcomes OPEC Fund and TDB Group into Alliance for Special Agro-Industrial Processing Zones
The OPEC Fund for International Development (OPEC Fund) and the Trade and Development Bank Group (TDB Group) have joined the Alliance for Special Agro-Industrial Processing Zones, strengthening multi-partner efforts to accelerate agro-industrialisation across Africa.
Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity
Abuja, Nigeria,: – African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy’s capital structure and unlock critical liquidity to support its working capital requirement as it pursues its ambitious field development programme. The investment is expected to significantly transform Nigeria’s domestic energy capacity as demand rises.
African Development Bank champions circular economy as Africa’s pathway to sustainable industrial growth at UNEA-7
The African Development Bank has underscored the circular economy as both an environmental necessity and a major industrial opportunity at the seventh session of the United Nations Environment Assembly (UNEA-7), held under the theme "Advancing sustainable solutions for a resilient planet.”
Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt
Cairo, Egypt, 30th December 2025 – The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining and trading hubs.
Japan and African Development Bank deepen partnership to boost private investment in Africa
Japan and the African Development Bank (AfDB) strengthen their collaboration at the recent Africa Investment Forum (AIF) 2025 Market Days, unveiling new commitments under the Enhanced Private Sector Assistance for Africa (EPSA) initiative to mobilise private capital for the continent’s economic growth.
Benin: African Development Bank to invest €102 million to boost poultry meat production
The Board of Directors of the African Development Bank Group meeting in Abidjan today approved a €102.12 million loan to Benin to implement the first phase of the Agriculture Transformation Programme in the country’s savannah region.