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ADB Evaluation Urges Shift to Long-Term, Tailored Support for Pacific and Other Small Island States

Philippines, June 8 -- A new independent evaluation by the Asian Development Bank's (ADB) Independent Evaluation Department (IED) calls for more tailored support to address the distinct needs of Pacif... Read More


African Development Bank to provide €103 million to connect 100,000 households to the national electricity grid

Cote Dlvoire, June 8 -- On 15 May 2026 in Abidjan, the Board of Directors of the African Development Bank Group has approved €103.14 million in financing for Cote d'Ivoire to extend electricity ... Read More


African Development Fund approves $59.8 million for Benin-Togo border road rehabilitation

Togo, June 8 -- The Board of Directors of the African Development Fund (ADF) has approved a $59.78 million loan to support the rehabilitation of a key transborder road section linking Benin and Togo a... Read More


African Development Bank Group launches project to BOOST agriculture in Sudan

Sudan, June 8 -- The African Development Bank Group (Bank Group) and the UN World Food Programme (WFP) have signed a $87 million Boosting Agrifood Systems Resilience in Sudan Project, to strengthen fo... Read More


African Development Bank grants $20 million trade finance guarantee facility to support local businesses

Madagascar, June 8 -- The Board of Directors of the African Development Bank Group has approved a $20 million trade finance guarantee facility for the Banque Malgache de l'Ocean Indien (BMOI), aimed a... Read More


African Development Bank approves $16.7 million to strengthen fiscal sustainability and mining governance

Liberia, June 8 -- The Board of Directors of the African Development Bank Group has approved a financing package of $16.7 million for Liberia to support reforms aimed at strengthening fiscal sustainab... Read More


The African Development Bank launches a new EUR 1.25 billion 3% 7-year Social Benchmark due June 2033

Cote Dlvoire, June 8 -- On Wednesday 3rd June 2026, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully priced a new EUR 1.25 billion 7-year Social Benchmark due ... Read More


African Development Bank Group approves $125 million investment in ATIDI to expand risk insurance capacity in Africa

Cote Dlvoire, June 8 -- The Board of Directors of the African Development Bank Group has approved, on 22 May, a $125 million equity investment in the African Trade and Investment Development Insurance... Read More


African Development Bank Group approves $1 million emergency grant to support Mozambique's flood response

Cote Dlvoire, June 8 -- The African Development Bank Group has approved a $1 million emergency relief grant to support Mozambique's response to the devastating floods that struck the country's central... Read More


ADB Provides Grant for Typhoon Sinlaku Relief in the Federated States of Micronesia

Philippines, June 8 -- The Asian Development Bank (ADB) will provide a $500,000 grant to the Government of the Federated States of Micronesia (FSM) to help expedite recovery from Typhoon Sinlaku, whic... Read More