Mastercard Accelerates Commitment To Digital Transformation In Africa

New alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade. Mastercard and the African Development Bank Group have launched the Mobilizing Access to the Digital Economy (MADE) Alliance:Africa to extend digital access to critical services to 100 million individuals and businesses in Africa over the next 10 years. The announcement was made on the sidelines of the U.S.-Africa Business Forum hosted […]

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Kenya: African Development Bank Group Board Okays Funds To Support Women And Youth In Agribusiness

The funding, approved on June 6, 2023, was provided by the European Union (EU) under its partnership with the African Development Bank Group The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved an equity investment of €18 million in the Africa Guarantee Fund (AGF) and another €1.2 million to support youth […]

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Uganda: African Development Bank Group Commits $301 Million To Renovate The Country’s Meter Gauge Railway And Bolster Regional Trade

The works entail the immediate rehabilitation of 265 km of MGR tracks between Malaba and Mukono, including the line to Jinja Pier and Port Bell on Lake Victoria The African Development Bank Group (www.AfDB.org) is providing $301 million to overhaul the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the […]

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Communique Of The Bureau Of The Boards Of Governors Of The African Development Bank Group Following Its Meeting Of 4th June 2020 Regarding The Whistle-blowers’ Complaint Against The President Of The Bank

The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors performed its role on this matter in accordance with the applicable rule under Resolution B/BG/2008/11 of the Board of Governors. The Bureau also reiterates that the Chairperson of the Bureau of the Board of Governors performed her role in accepting […]

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