News & Events
10/06/2015 - “The urban population in Africa will increase by an additional 300 million people in the next 20 years. Given the limitation of current financing mechanisms, it is critical to find more innovative and sustainable funding sources,” Amadou Oumarou, Director of the African Development Bank (AfDB) Infrastructure, Transport, Urban Development and ICT Department (OITC), told participants in a stakeholder meeting, Thursday, June 4, 2015 in Abidjan.
10/06/2015 - The Government of the Republic of Seychelles has received a loan worth US $ 20.6 million, in addition to a US $1.668 million grant, from the African Development Bank (AfDB) to finance part of the Mahe Sustainable Water Augmentation Project. The accords were signed on May 27, on the sidelines of the AfDB’s 50th Annual Meetings held in Abidjan, Côte d’Ivoire.
09/06/2015 - The African Water Facility (AWF) was recognized as “Project Preparation Facility of the Year” at the Africa investor (Ai) CEO Infrastructure Developers and Investment Summit 2015, during a ceremony held in Cape Town, South Africa, on Tuesday, June 2.
09/06/2015 - The Global Environment Facility (GEF) approved USD 35 million in funding to improve climate resilience to be channeled through the African Development Bank for programs in Côte d’Ivoire, Chad, Zambia, in addition to one which spans several countries. The announcement was made at the recent 48th session of the GEF Council Meeting during which the largest GEF work program in its 23 years of history – USD 709 million – was endorsed.
09/06/2015 - The African Development Bank launched on Tuesday, June 9, its report, Payment for Environmental Services: A promising tool for natural resources management in Africa, the first of a new AfDB-Climate Investment Funds knowledge series. The report details the tool’s potential to improve natural resources management efficiency, ensure the flow of environmental services for the businesses and infrastructure that rely upon them and establish new sustainable finance for conservation.
08/06/2015 - On May 28, 2015, the African Development Bank (AfDB) and the Climate Investment Funds (CIF) co-hosted an open dialogue session in the AfDB’s Civil Society Organization (CSO) Forum in the margins of its Annual Meetings in Abidjan, Côte d’Ivoire. In the session, participants used as a jumping-off point the CIF’s unique multi-stakeholder approach, with the AfDB serving as a key implementing agency and partner.
- From: 08/06/2015
- To: 10/06/2015
- Location: Abidjan, Côte d’Ivoire
Over 150 representatives of member states of the Common Market for Eastern and Southern Africa (COMESA) and the West African Economic and Monetary Union (WAEMU) will convene in Abidjan, Côte d’Ivoire from June 8-10, 2015 to take stock of the two blocs’ efforts towards economic integration and regional development results in Africa.
- From: 03/06/2015
- To: 05/06/2015
- Location: Cape Town, South Africa
This year’s World Economic Forum (WEF) on Africa took place in Cape Town, South Africa, under the theme: “Then and Now: Reimaging Africa’s Future”.
05/06/2015 - Inclusive and transformative growth, youth employment and private sector development dominated the “Africa Economic Outlook” session at the World Economic Forum on Africa on Friday, June 6 in Cape Town.
05/06/2015 - “Africa needs to adopt policies to transform its natural resources into human capital and better living standards for its citizens and learn from the existing good practices on the continent.” These were the words of African Development Bank President Donald Kaberuka, at the launch of the report “Delivering on the promise: Leveraging natural resources to accelerate human development in Africa” on Friday, June 5 during the World Economic Forum for Africa in Cape Town.