African Development Bank

AfDB approves $8m to build solar plant in Zambia

Serengeti Energy Ltd and Western Solar Power Ltd will oversee the project development in Zambia's Sesheke District.
Lezeth Khoza
2:00

ADB, MasterCard launch an alliance to digitise agriculture

Over the next ten years, the project aims to provide 100 million Africans and businesses with digital access to essential services.
1:30

Comoros builds new data centre thanks to AfDB funds

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund and 5.49 million euros provided by the bank’s transition support facility.
2:00

World Bank proposes Equatorial Guinea's digital economy map

The institution notes that digital transformation could be an important catalyst to diversifying Equatorial Guinea's economy in the next few years.
1:40

Africa to tap into China’s tech expertise to drive industrialisation

The African Development Bank is urging African countries to cooperate with China, whose involvement in renewable energy projects has already shown positive results across the continent.
1:30
Jun 10, 2024

African Development Bank, Intel to train millions in AI

The training in AI will address socioeconomic issues and increase productivity in important growth sectors such as agriculture, health, and education.
2:10
May 30, 2024

MasterCard, AfDB to offer digital services to 100m Africans

The Mobilising Access to the Digital Economy alliance has been unveiled, with the goal of providing 100 million Africans with digital access to essential services.
2:40

ADB funds new Congo data centre

The data centre's construction and operation will cost approximately €13.8 million.
3:20
Jan 10, 2024

EIB boosts African start-ups with $30m kitty

The new funding will be for investment in companies that use digital technologies to offer crucial services, while also increasing their efficiency.
1:50
Dec 27, 2023

The US, ADB join forces to boost Africa's digital transformation

Both sides will investigate how African governments may work with American technology companies to grow their economies.
2:20
Nov 23, 2023

Germany commits to invest 4 billion euros in Africa’s green energy

German chancellor Olaf Scholz made the announcement this week during a press conference in Berlin as part of the G20 Compact with Africa.
1:30

Korea pledges technology support to Africa

South Korea's priority areas of assistance to Africa are in agriculture, bio-health, climate change, and energy transition.