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A regional multilateral development bank established to contribute to the economic development and social progress of African countries.
News published about African Development Bank

Nigerian Government’s iDICE Programme Onboards 185 Founders into the First Cohort of its Startup Bridge Initiative
Techpoint Africa - Jun 10, 2026
The iDICE Startup Bridge has onboarded 185 founders into its inaugural Founders Lab cohort. The iDICE Programme is a $617 million initiative by the Federal Government of Nigeria launched in 2023.

Talstack Supports Nigerian Founders Through iDICE Startup Bridge Founders Lab
Techpoint Africa - Jun 03, 2026
Talstack is supporting 185 early-stage Nigerian founders as the learning platform partner for the iDICE Startup Bridge Founders Lab. The 12-week structured entrepreneurship program is designed to help founders move from early-stage ideas to execution-ready businesses.

African Financiers Back AfDB’s NAFAD Initiative to Close $400 Billion Funding Gap
Tech In Africa - Jun 01, 2026
The African Development Bank's NAFAD initiative aims to unlock African capital to address a $400 billion annual development financing gap. Discussions at the AfDB Annual Meetings focused on mobilizing capital for infrastructure, industrialization, and climate resilience.

AfDB Backs Breega Africa Seed Fund with €7.5M to Boost Early-Stage Startups
Tech In Africa - Mar 31, 2026
AfDB approved a €7.5 million investment in the Breega Africa Seed I Fund. The investment includes €5 million in direct equity and €2.5 million from the European Commission.

Nigeria’s iDICE Startup Bridge launches with grants and $100,000 equity
TechCabal - Mar 16, 2026
The iDICE Startup Bridge offers grants of up to ₦10 million and equity investments of $100,000 for startups. The initiative is implemented through the Bank of Industry and financed by major development banks.
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