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African Development Bank Group (AfDB)

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    • Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity (1)
    • Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity (2)
    • Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity (3)
    • Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity (4)
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    • Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity
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Source: African Development Bank Group (AfDB) |

Africa’s Artificial Intelligence (AI) Revolution: African Development Bank report projects $1 trillion in additional Gross Domestic Product (GDP) by 2035 with use of AI to enhance productivity

The report asserts that realising the potential of AI depends on five interlinked enablers: data, compute, skills, trust, and capital

The African Development Bank (www.AfDB.org) has released a report establishing a strategic roadmap for unlocking the economic and social potential of artificial intelligence (AI) across Africa. Developed under the G20 Digital Transformation Working Group, Africa’s AI Productivity Gain: Pathways to Labour Efficiency, Economic Growth and Inclusive Transformation  gives an overview…

African Development Bank Group (AfDB)

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    • Davinah Milenge, the Bank Group’s Chief Programme Coordinator for Climate Change and Green Growth, talks with participants about the Bank's special climate initiatives
    • Arona Soumaré (in blue suit), the Bank's Chief Regional Specialist on Climate Change in West Africa, chats with attendees about the institution's climate action in the region
    • James Kinyangi, Coordinator of the ClimDev Special Fund and Climate Action Window, provided details on climate information services and the ClimDev Special Fund, which is hosted by the Bank
    • Gareth Phillips, the Bank Group’s Head of Climate and Environmental Finance, discussed the Bank's green finance initiatives
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Source: African Development Bank Group (AfDB) |

African Development Bank Group develops original idea to present climate solutions to 30th Conference of the Parties (COP30) participants

The discussions focused on accelerating sustainable and resilient development as Africa faces the threat of climate change

At COP30, held in Belém, Brazil (10-21 November), the African Development Bank Group (www.AfDB.org) introduced a new, more interactive way to showcase its climate solutions by hosting informal, coffee-style dialogues that allowed participants to engage directly with Bank experts. The discussions focused on accelerating sustainable and resilient development as Africa…

Orange Middle East and Africa

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    • Orange Money Group and Visa Announce a Strategic Partnership to Accelerate Online Payments in Africa
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Source: Orange Middle East and Africa |

Orange Money Group and Visa Announce a Strategic Partnership to Accelerate Online Payments in Africa

This partnership marks a new milestone in the shared ambition of the two companies: to provide millions of users with a simple, secure, and internationally recognized payment solution

Orange Money Group (www.Orange.com) and Visa announce a strategic partnership aimed at accelerating online payments and democratizing access to financial services across Africa and the Middle East. Already successfully deployed in Botswana, Madagascar, and Jordan, where the partnership is renewed, the virtual visa card has been recently launched by Orange…

Afreximbank
Source: Afreximbank |

Afreximbank announces US$1.1-million donation to aid Hurricane Melissa recovery efforts in Jamaica and Haiti

Afreximbank will continue to work with Caribbean governments, through the Bank’s CARICOM Office based in Barbados, to explore long-term financing solutions that strengthen resilience, restore livelihoods, and reinforce critical infrastructure

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a donation of US$1.1 million to the governments of Jamaica and Haiti to support their recovery efforts following the devastation caused by Hurricane Melissa in October. Hurricane Melissa, which passed through the northern Caribbean, unleashed unprecedented devastation on a number of countries in…

African Development Bank Group (AfDB)

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    • The African Development Bank is helping improve transport connectivity in Somalia and across the Horn of Africa to boost cross-border trade and regional integration
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves $76.3 million in additional financing to advance transport connectivity in the Horn of Africa

The Programme aims to improve transport connectivity within Somalia, and between the country and its neighbours in the Horn of Africa

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $76.37 million in additional financing for the Road Infrastructure Programme in Somalia, a key component of the Horn of Africa corridor project linking Somalia, Djibouti and Ethiopia. The new funding package comprises $49.16 million from the African…

African Development Bank Group (AfDB)

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    • The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali
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Source: African Development Bank Group (AfDB) |

The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali

The project will contribute to the socioeconomic development of Guinea and Mali by providing inhabitants with better access to high-quality, low-cost energy

The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project. The financing, agreed in Abidjan on 10 December 2025, from the African Development Bank Group's concessional window includes a loan of approximately $22 million and…

RegTech Africa

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    • Nigeria Sets the Stage for Global Regulatory Technology Leadership as 2026 RegTech Africa Conference & Expo Heads to Abuja
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Source: RegTech Africa |

Nigeria Sets the Stage for Global Regulatory Technology Leadership as 2026 RegTech Africa Conference & Expo Heads to Abuja

A central highlight of the event will be the hosting of the prestigious Global Startup World Cup Tournament – Regional Challenge, providing African startups with a world-class stage to pitch their solutions before an international panel of judges

Under the distinguished patronage of the Office of the Vice President, Federal Republic of Nigeria, and in partnership with the Presidential Committee on Economic & Financial Inclusion (PreCEFI), with the collaboration of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), the 2026 RegTech Africa Conference & Expo…

RegTech Africa

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    • 2025 State of RegTech in Sub-Saharan Africa Report Launched, Highlights Surge in Supervisory Technology and Financial Inclusion
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Source: RegTech Africa |

2025 State of RegTech in Sub-Saharan Africa Report Launched, Highlights Surge in Supervisory Technology and Financial Inclusion

The report provides strategic insights into the growth of RegTech and SupTech, regulatory innovation, financial inclusion, and the critical role of technology in strengthening consumer protection across emerging and complex markets

RegTech Africa (https://RegTechAfrica.com/) today formally announces the publication of the 2024 State of RegTech in Sub-Saharan Africa Report, a comprehensive, data-driven industry report examining the rapid evolution of regulatory innovation across Africa’s financial ecosystem. The report provides strategic insights into the growth of RegTech and SupTech, regulatory innovation, financial inclusion,…

African Development Bank Group (AfDB)

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    • The African Development Bank Group remains a very strong" supporter of the Great Green Wall, said Al-Hamndou Dorsouma (1st on the right), head of the Bank's Climate and Green Growth division
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Source: African Development Bank Group (AfDB) |

At the 30th United Nations Climate Change Conference (COP30), African Development Bank (AfDB), development partners call for major new financing to accelerate Africa’s Great Green Wall initiative

In January 2021, €19 billion in contributions were announced for the Great Green Wall during a round table organised in Paris alongside the One Planet Summit on biodiversity

At the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, development partners including the African Development Bank (www.AfDB.org), urged for a scale up in financing to deliver the Great Green Wall’s 2030 targets. Currently funded by contributions from Member States and development partners, this African Union initiative aims…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Provides EUR 135 million Insurance Support for Türkiye’s Strategic Kars–Iğdır–Aralık–Dilucu High Standard Railway Project

The Project is set to generate strong economic and environmental impact by shifting freight from road to electrified rail, cutting logistics costs by an estimated 40% by 2030

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has approved EUR 135 million in Non-Honoring of Sovereign Financial Obligations (NHSFO) insurance in support of the Kars-Iğdır-Aralık-Dilucu (KIAD) High Standard Railway Project in…