AfDB | African Development Bank

Back
CORE ACTIVITIES ON E-COMMERCE AND THE DIGITAL ECONOMY

The 10-Year Strategy of the African Development Bank Group 2024-2033 envisions a prosperous, inclusive, resilient, and integrated Africa. The Bank balances environment, equity, and economy to ensure sustainability, focusing on the sustainable economic development and social progress of regional member countries, as outlined 60 years ago. 

The Bank’s main contribution lies in its High 5 operational priorities, aligning critical priorities of African countries with the Bank’s strengths in delivering transformative projects: 

  1. Light Up and Power Africa: Accelerate progress towards universal electricity access through clean energy. 
  2. Feed Africa: Enhance food security by transforming agriculture. 
  3. Industrialize Africa: Achieve widespread industrialization by 2033. 
  4. Integrate Africa: Promote free movement of goods, finance, and people, and build regional value chains. 
  5. Improve Quality of Life: Empower Africans, especially women and youth, to fulfil their potential. 

EXCLUSIVE INTERVIEW

How does African Development Bank’s work and activities specifically touch upon e-commerce and the digital economy? 

In order to achieve widespread industrialization by 2033 in Africa, the Bank will focus on connectivity infrastructure, digital services, and supporting digital entrepreneurs, while innovating to close the financing gap for digital technology. 

Side Event : “The AI Revolution: How Will Artificial Intelligence Support the Delivery of the AfDB’s Ten-Year Strategy and the Transformation of African Economies?”

The African Development Bank is hosting a flagship side event during its 2025 Annual Meetings, focused on the transformative potential of Artificial Intelligence (AI) in Africa. This timely event will explore how AI can support the Bank’s Ten-Year Strategy 2024–2033 by accelerating innovation, productivity, and inclusive growth.