ICIEC Provides US$65 Million Insurance Cover for Uganda’s Akii-Bua Olympic Stadium Project
The Akii-Bua Olympic Stadium is part of Uganda's efforts to strengthen national sports infrastructure and expand its capacity to host...
Development
AFC, Italian Partners Seal Strategic Agreements to Mobilise Capital for Africa’s Industrial Growth
Agreements signed at AFC–Italy Business Forum will deepen Africa-Italy Cooperation under the Mattei Plan to support project preparation, financing, risk-sharing...
Africa Must Intensify Industrialization Development to Expand Value-Added Economic Benefits
Across Africa, governments are facing growing pressure to transform economies that remain heavily dependent on raw material exports into industrial...
African Development Bank Group’s 2025 Annual Report Highlights Strong Results and a New Chapter for Africa’s Transformation
Beyond the numbers, the report tells a deeper story: the story of Africa's people - especially its young people -...
Côte D’ivoire: Ivorian Consortia Secure Major Agro-Market Constructions, Edging Out Artelia-(France) and TGCC-(Morocco)
Côte d’Ivoire has handed a significant vote of confidence to its domestic construction sector, awarding two major wholesale market contracts...
Mozambique’s Industrialization as Counter-Measure Against Extremism in War-Torn Cabo Delgado Province
In the gas-rich but conflict-scarred province of Cabo Delgado, northern Mozambique, the government and its international partners are attempting a...
Mega Abidjan-Lagos Corridor Project Enters Operational Phase with Launch of Governing Board
Stretching 1,028 kilometres, the Abidjan-Lagos Corridor Highway is envisioned as a transformative regional infrastructure linking five West African economies and...
Africa’s Five Working Refineries Reshaping the Continent’s Fuel-Supply Story
Africa, home to roughly 8-9% of the world’s proven crude oil reserves, exported millions of barrels of crude each day,...
When Makeovers Masquerade as Development, Ethiopians Rethink Their Government Urban Priorities
On a recent afternoon in Addis Ababa, Meseret, a mother of three who runs a small kiosk near one of...
OPEC Fund for International Development (OPEC Fund) strengthens partnership with African Development Bank Group during official mission to Côte d’Ivoire
The OPEC Fund and the AfDB have partnered for nearly five decades, supporting some 120 projects across energy, transport, agriculture,...
