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TodaySaturday, April 25, 2026

African Development Bank Group

Some of the Rwandan Chief Executives at the forefront of Rwanda's transformation. Top Row, Left-Right: Francis Gatare, CEO, Rwanda Development Board (RDB); Yvonne Manzi Makolo, CEO Rwandair, Louis-Antoine Muhire, Founder & CEO, Mergims; Hodari Jean Chrysostome, CEO, Sanlam Vie Plc; Dr. Diane Karusisi, CEO, Bank of Kigali and Rosine Uwamariya, Rwanda Country Director, TradeMark Africa. Middle Row, Left-Right: Nick Barigye, CEO, Kigali International Financial Centre (KIFC); Cleophas Barore, CEO, Rwanda Broadcasting Agency (RBA); Kampeta Pitchette Sayinzoga, CEO, Development Bank of Rwanda (BRD) Plc; Marc Rugenera, Managing Director, Radiant Insurance; Andrew Kulayigye, CEO, Britam Rwanda and Grace Nishimwe, Director General & Chief Registrar of Land Titles, National Land Authority. Bottom Row, Left-Right: Israël Bimpe, CEO Irembo (Rwanda Online); Lina Mukashyaka Higiro, CEO, NCBA Rwanda; Hannington Namara, Managing Director, Equity Bank Rwanda Plc; Jean Claude Gaga, Managing Director, Airtel Mobile Commerce Rwanda (Airtel Money); Regis Rugemanshuro, CEO, Rwanda Social Security Board (RSSB) and Patience Mutesi, CEO, BPR Bank Rwanda Plc.

RWANDAN CEOs FIXING RWANDA⎮The unstoppable rise of the homegrown Rwandan CEO 

This April, Rwandans in Rwanda and the world over commemorate 30 years (Kwibuka30)  after the ghastly genocide in which more than 1,000,000 Tutsi, were killed. But like the Rwandan President Paul Kagame,
April 10, 2024
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The railway line is part of the East African Community’s Northern Corridor linking the capital, Kampala, to Kenya’s coastal city of Mombasa.

African Development Bank Group commits $301 million to renovate Uganda’s meter gauge railway and bolster regional trade

The African Development Bank Group is providing  $301 million to overhaul  the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the East African Community’s Northern Corridor linking
December 3, 2022
Dr Amani Abou-Zeid, the African Union Commissioner for Energy and Infrastructure. She says the alliance will thus provide $500m for the preparational phase for the projects to become attractive to the private sector, and then aim to attract $10Bn for the first phase of implementation of green projects. Courtesy photo

Alliance For Green Infrastructure in Africa Looks to Ease Africa’s Green Infrastructural Transition

The infrastructural deficit remains one of the greatest impediments to Africa’s development and industrialization. According to the African Development Bank, the continent has an annual infrastructural financing gap in the range of
November 17, 2022
The Nairobi-Nakuru-Mau Summit Highway project aligns with the aspirations of Kenya’s Vision 2030 and national strategy to support industrialization through infrastructure development. Courtesy photo

African Development Bank approves $150 million for Nairobi-Nakuru-Mau Summit Highway Project

The African Development Bank Group Board of Directors has approved financing of $150 million to Kenya to support a major highway development project under the government’s First Mover Public-Private Partnership (PPP) programme.
July 19, 2022
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Pader Women Shea Butter Group showcasing their products.Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding from the African Development Bank. Courtesy photo

African Development Bank invites business enablers to apply for funding to support women entrepreneurs

The African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. “Women’s business associations, incubators, accelerators, and cooperatives that advance women’s
May 15, 2021
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An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Sinotec Company Limited misrepresented its experience, among other factors, in the bidding process for projects. Courtesy photo

African Development Bank bans Sinotec Company Limited for 3 years over fraudulent practices

The African Development Bank Group, on 20 April 2020, announced the debarment of Sinotec Company Limited, an energy solutions company registered in China. Pursuant to a decision by the Bank’s Sanctions Appeals
March 10, 2021
Dr Alex Mubiru is joined African Development Bank Group in 2009 and has since served in various positions

Uganda’s Dr. Alex Mubiru appointed African Development Bank Group Director (Strategy and Delivery) in the Office of the President

The African Development Bank has appointed Dr Alex Mubiru, a Ugandan, as Director (Strategy and Delivery) in the Office of the President. “The African Development Bank Group is pleased to announce the
October 15, 2020
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