Wednesday, June 24, 2026

African Development Fund (ADF)

May 24, 2026

 Africa’s $400 billion funding gap tops AfDB agenda

The AfDB said the continent required huge investments in infrastructure, energy, food security, climate adaptation and job creation.

African Development Bank (AfDB) building
September 17, 2023

ADF approves $6.73 million grant to boost business, governance in Mozambique

According to the statement, the project will support private-sector development and the management of public finances.

African Development Fund
April 9, 2023

ADF injects $8 million to improve banking system in West Africa

Over 53 financial service providers across the participating countries would be included in the project.

African Development Fund
May 24, 2022

Russia’s war in Ukraine causing African households to spend 40% of income on food: Akufo-Addo

Mr Akufo-Addo said the percentage was higher when compared with less than 20 per cent by households in advanced economies.

The President of Ghana, Nana Akufo-Addo [Photo credit: Prime News Ghana]