About: African Development Bank

EU-Africa 12-05-2021

EU–Africa relations: a partnership delayed but not derailed

Talk of an EU–Africa partnership may have only emerged in the last two years, but the promise of better trade and political relations with its southern ‘sister continent’ came from Jean Claude Juncker, who set out plans for a continent–to–continent...

Development banks make landmark climate pledge, but no fossil fuel phase out

The world’s public development banks on Wednesday (11 November) pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing. As a source of funding for many...
EU-Africa 04-09-2018

China’s investment largesse may dwarf EU in Africa

When it comes to increasing investment in the African, Caribbean and Pacific countries covered by the Cotonou Agreement, the EU talks a good game. But it is facing stiff competition from China, armed with more cash and fewer concerns about democracy and the rule of law when it comes to investment.
EU-Africa 11-07-2018

EU unlocks €800 million for African investment vehicle

The EU’s much vaunted private investment vehicle in Africa has moved a step closer to becoming reality after €800 million was unlocked to leverage multi-billion euro investments on the continent.
Development Policy 22-05-2017

Quality of life on the rise for many Africans, says AfDB report

Africans are seeing a steady improvement in the quality of their lives, with some countries even nearing world averages, says a wide-ranging report out today (22 May) on the continent's future.