Extraordinary Summit on the Post Malabo Comprehensive Africa Agriculture Development Programme (CAADP)
What: The African Union Commission is organizing the Extraordinary Summit on the Post Malabo Comprehensive Africa Agriculture Development Programme (CAADP). The Extraordinary Summit will be hosted by the Government of Uganda.
When: 09 –11 January 2025
Where: Kampala, Uganda- Speke Resort Conference Centre.
Organizers: The event is organized jointly by the African Union Commission, Department of Agriculture Rural Development Blue Economy and Sustainable Environment (DARBE) and African Union Development Agency- New Partnership African Development (AUDA-NEPAD)
African Ministers Endorse Landmark Strategies to Underpin Climate Resilience, Promote Alternative Fuels
5 December 2024
African Ministers of transport and energy endorsed five ambitious strategies aimed at underpinning climate resilience and enhancing the sustainability of infrastructure across the continent. These strategies align with the African Union’s (AU) vision to promote sustainable development, tackle climate change, and drive economic growth through clean energy solutions, safer air transport, and efficient resource use.
Nigeria’s Special Agro-industrial Processing Zones (SAPZ) Phase II, Boosted with a Whopping $2.2 billion Investment Interest at the Africa Investment Forum (AIF) 2024
The African Development Bank Group facilitated $2.2 billion in capital mobilization for its transformative Special Agro-Industrial Processing Zones Nigeria Phase II project during the Africa Investment Forum on Wednseday 4th December 2024.
Africa Investment Forum 2024 Garners $29.2 Billion in Deals, Signaling Continent's Growing Economic Potential
The Africa Investment Forum 2024 Market Days has recorded a total of $29.2 billion in new investor interests after three days of boardroom discussions in Rabat, Morocco from 4 to 6 of December, 2024
African Development Fund releases $81 million dollars for construction of road linking Guinea and Senegal to promote integration and trade
The Board of Directors of the African Development Fund approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and Mali in Guinea with Kédougou and Fongolembi in Senegal.
African Development Bank and partners plan to make Abidjan-Lagos corridor highway a potent economic and industrial hub
The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub courtesy of the Spatial Development Initiative promoted by the African Development Bank.
This 1,028-kilometre transnational coastal motorway will connect Côte d'Ivoire to Nigeria, while crossing through Ghana, Togo and Benin. Work is due to commence in 2026 and is earmarked for completion in 2030, the African Development Bank revealed at an online workshop held on Thursday 22 November with all the partners associated with the project.
Africa And Türkiye Hold the Third Ministerial Review Conference
Africa and Türkiye held the 3rd Ministerial Review Conference prior to their fourth joint Summit scheduled to take place in 2026 on the African soil. The Africa Türkiye Ministerial Review Conference, which was co-organised by the African Union Commission and the Government of Türkiye was hosted by the Republic of Djibouti from 2-3 November 2024.
African Leaders Welcome Launch of African Development Bank’s Technical Assistance Facility to Unlock Climate Finance for Vulnerable Regions
In a major step to address Africa's climate finance gap, the African Development Bank Group has launched a new funding call that will transform the development of climate projects across 37 low-income African countries.
With an initial allocation of $56 million, the Climate Action Window (CAW) Technical Assistance Facility, launched at COP29 in Baku, Azerbaijan, will support the preparation, financing, and implementation of adaptation and mitigation projects aligned with the Paris Agreement, Nationally Determined Contributions (NDCs), and National Adaptation Plans (NAPs).
COP29: African Leaders Urge Rapid Increase in Climate Finance for Adaptation and Green Growth
“We hope to move from millions and billions (of dollars) to the thousands of billions of dollars Africa clearly needs for climate action. The success of this COP, described as the “finance COP,” will largely depend on the level of ambition of the climate finance target.”
World Food Day: How the new MADE Alliance will use digital technologies to help farmers in Africa feed the continent
The African Development Bank Group and Mastercard are co-chairing a new initiative called Mobilizing Access to the Digital Economy (MADE) Alliance Africa, which aims to provide digital access to critical services for 100 million people and businesses in Africa over the next 10 years.