The African Development Bank Group has approved $76.37 million in additional financing to advance transport connectivity in Somalia, reinforcing a key segment of the Horn of Africa corridor linking Somalia with Djibouti and Ethiopia. The funding will support the Road Infrastructure Programme in Somalia, which is central to improving internal mobility while strengthening cross-border trade and regional integration. #AfricanDevelopmentBankGroup #AfricanDevelopmentFund #TransitionSupportFacility #Somalia #Djibouti #Ethiopia #HornofAfrica #Somaliland #HirshabelleState #Zeila #BeledWeyne #APOGroup #Trade #Logistics

Algeria has named the African Development Bank (AfDB) as its international partner for its renewed external financing plan, marking an important step for both the country and the Bank Group. The decision comes as Algeria begins major investment efforts under its 2025 Finance Law, including the $2.8 billion Laghouat–Ghardaïa–El Meniaa railway line. #AfDB #Algeria #AfricanDevelopmentBank #FinanceLaw #externalfinancingplan #rail #mining #Logistics

The government of the Union of the Comoros launched the Maritime Corridor and Regional Trade Facilitation Project on 27 October 2025 in Moroni, with $137 million in financing from the African Development Bank Group. The project, which aims to modernise port infrastructure, facilitate trade, and strengthen regional connectivity, was officially inaugurated by President Azali Assoumani. #Comoros #AfricanDevelopmentBank #maritimecorridor #infrastructure #tradefacilitation #regionalconnectivity #portmodernisation #developmentfinance