The African Development Bank (AfDB) has approved a $200 million loan to fund the second phase of Nigeria’s National Agricultural Growth Scheme – Agro-Pocket (NAGS-AP), aimed at boosting agricultural productivity, strengthening value chains, and promoting climate-smart farming practices. The approval follows an earlier financing under the Bank Group’s African Emergency Food Production Facility and will ...

The African Development Bank Group has reinforced its leadership in climate-resilient farming by convening a high-level continental forum focused on accelerating the adoption of climate-smart agriculture (CSA) across Africa. The virtual Forum on Promoting Climate-Smart Agriculture for African Farmers’ Resilience to Climate Change brought together nearly 390 participants from 34 African countries and 10 non-regional ...

A nationwide university tour in Kenya, supported by the African Development Bank (AfDB), is challenging students to rethink the future of work in a country grappling with youth unemployment and climate change. The Green Careers Caravan, an initiative by Jacob’s Ladder Africa, is travelling from campus to campus to spark conversations about the green economy ...

The African Development Bank has approved a $211.4 million financing package for the Eastern Region Agricultural Value Chain Development Project, a multi-year effort designed to raise agricultural productivity, strengthen value chains and position eastern Angola as a food-production hub linked to the Lobito Corridor. The financing aims to improve food security, raise rural incomes and ...

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $310 million financial package to FirstRand Bank, one of the largest financial institutions in Africa. This support will significantly increase access to finance for micro, small, and medium-sized business enterprises (MSMEs), with a particular focus on women-led businesses and agribusinesses in ...

More than 1.5 million smallholder farmers and 500 agro-dealers and cooperatives are expected to benefit. WASHINGTON D.C., United States of America, October 27, 2025/ — The Global Agriculture and Food Security Program (GAFSP) has announced the first allocation from its new private sector financing window to the African Development Bank Group (www.AfDB.org), providing $14 million ...

By Brandon Moss The Global Agriculture and Food Security Program (GAFSP) has made its first capital allocation under the Business Investment Financing Track (BIFT), committing $14 million to the African Development Bank (AfDB) as the start of a broader effort to unlock more than $200 million in private-sector finance for African smallholders. The allocation funds ...

Zambian ministers credit African Development Fund for fertilizer self- sufficiency boost, increased capacity for 250,000 new skilled workers LUSAKA, Zambia, October 11, 2025/ — Concessional financing from the African Development Fund (ADF) has been transformative for Zambia’s agriculture and education sectors, while “anchoring peace, prosperity, and regional competitiveness.” ADF deputies, who are gathered in Zambia’s ...

“Investing in Innovative Food Systems Solutions in Challenging Contexts,” provides a roadmap for revitalizing northern Nigeria’s food systems ABUJA, Nigeria, October 11, 2025/ –– The African Development Bank (https://AfDB.org), in partnership with the United Nations World Food Programme (WFP) and the International Food Policy Research Institute (IFPRI), has released a new study urging coordinated and ...

The Nigerian Government has obtained renewed financial backing from the African Development Bank (AfDB) to launch Phase 2 of the Special Agro-Industrial Processing Zones (SAPZ) initiative. This next phase aims to extend climate-resilient infrastructure and inclusive agro-industrial development to 24 additional states, building on the initial rollout in eight states and the Federal Capital Territory. ...