Thursday, July 23, 2026

Abu Dhabi Fund for Development tracks progress on major African infrastructure projects

The Abu Dhabi Fund for Development (ADFD) has reported significant progress across a portfolio of key infrastructure projects in Africa, underscoring its sustained commitment to supporting economic growth and improving livelihoods across partner countries.

According to the Fund, completion rates have reached 92 percent for the Sokodé–Bassar Road rehabilitation project in Togo, 80 percent for a major road infrastructure initiative in Madagascar, and 45 percent for the Minna–Bida Road project in Nigeria.

The updates reflect steady implementation momentum and the Fund’s active oversight in ensuring projects remain aligned with approved frameworks and timelines.
ADFD Director General, Mohammed Saif Al Suwaidi, said the Fund’s monitoring approach is central to achieving development outcomes. “We are committed to continuously monitoring progress across our projects to ensure efficient and high-quality implementation,” he noted. “This reinforces our role as an extension of the UAE’s vision in creating sustainable development impact that enhances quality of life.”
Across the continent, ADFD-financed projects are aimed at strengthening transport connectivity, reducing costs for goods and services, and unlocking economic opportunities in key sectors including agriculture, tourism, and trade.

In Togo, the near-complete rehabilitation of the 62-kilometre Sokodé–Bassar road is expected to significantly improve connectivity between the capital, Lomé, and inland regions, as well as neighboring countries. The AED 37 million project includes flood protection systems and upgraded safety features, contributing to more resilient transport infrastructure.

Meanwhile, in Madagascar, construction of a 117-kilometre dual-lane road and seven bridges has reached 80 percent completion. Financed through a concessional loan exceeding AED 110 million, the project is designed to enhance rural-urban connectivity, facilitate access to essential services, and support key economic sectors.
In Nigeria, ADFD is overseeing the development of the 82-kilometre Minna–Bida road in Niger State, its first project in the country. With AED 165 million in financing, the project is currently 45 percent complete and is expected to cut travel time between the two cities by half and reduce vehicle operating costs by 31 percent.

Beyond these projects, ADFD’s broader engagement in Africa includes long-standing partnerships such as its support to Ethiopia. Since 2012, the Fund has financed critical infrastructure, including the Gedo–Fincha–Lemlem Bereha road project, and contributed to macroeconomic stability through a landmark $3 billion support package in 2018.

The Fund has also played a key humanitarian role, notably through a $60 million contribution in 2022 to support drought- and conflict-affected populations in Ethiopia. More recently, high-level discussions between Ethiopian officials and ADFD leadership have focused on expanding cooperation in green development and investment.


ADFD stated that the progress across its African portfolio highlights its strategic role in development finance, emphasizing efficient resource deployment, adherence to international best practices, and measurable outcomes.

By advancing resilient infrastructure and supporting economic diversification, the Fund continues to position itself as a key partner in Africa’s development agenda, with a focus on long-term sustainability and inclusive growth.

visit website : https://www.adfd.ae/en/home

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Pitron Launches Digital Solution to Prevent Paper-Based Losses in Ethiopian Financial Cooperatives

Ethiopia’s cooperative financial sector, serving over 25 million citizens...

Mastercard Foundation announces $500 million AHEFT prize to catalyze higher education across Africa

The Mastercard Foundation has officially launched the Africa Higher...

MatterMiner launches localized legal practice platform for African markets

Mkenga Na Namwaka, Incorporated has announced the commercial availability...

Government preparing new vehicle ownership tax

Ethiopia is preparing to establish a formal revenue-sharing system...

U.S. Commerce Department Launches Investigation into Solar Imports from Ethiopia

The U.S. Department of Commerce has officially initiated a...

Ethiopia’s landmark budget allocations signal sustained commitment to reducing tobacco use

The Campaign for Tobacco-Free Kids applauds the Ethiopian government...

Africa Wants to Make Its Critical Minerals a Lever for Industrialisation and Economic Transformation

African ministers, representatives from continental institutions, the private sector,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img