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Leadership: An alliance with time

18-Mar-2024 - Original story: https://x.com/NGRPresident/status/1766506463520850187?s=20 Protocols…

Burundi: Official visit by AfDB Director General for East Africa

17-Mar-2024 - What?       Visit by Ms Nnenna Nwabufo, Director General of the African Development Bank for East Africa Who?        African Development Bank, Government of Burundi When?      18-21 March 2024 Where?     Bujumbura, Burundi The Burundi Country Office of the African Development Bank (AfDB) Group is pleased to announce the working visit of Ms Nnenna Nwabufo, the Group’s Director General for East Africa, to Bujumbura, Burundi’s largest city, from 18-21 March.

African Development Bank Executive Directors visit Sierra Leone

17-Mar-2024 - A delegation of seven Executive Directors from the African Development Bank Group has arrived in Sierra Leone on a five-day consultation mission aimed at deepening the partnership between the Bank and the West African nation. Led by Mette Knudsen from Denmark, the delegation includes Jonathan Nzayikorera from Rwanda, Rufus N. Darkortey from Liberia, Takaaki Nomoto from Japan, Dr. Martin Kipping from Germany, Dr. Nomfundo Ngwenya from South Africa and Dr. Samson Oyebode Oyetunde from Nigeria.

Morocco: the African Development Bank and the Fonds d’équipement communal sign a loan agreement of EUR 100 million to fund sustainable development projects and strengthen the attractiveness of various territories

15-Mar-2024 - The African Development Bank signed a loan agreement of EUR 100 million with the Fonds d’équipement communal (FEC) in Rabat, on Friday, March 15, to fund new investment and sustainable infrastructure projects backed by territorial communities. The aim of the operation is to improve public services, particularly in rural areas, and support the emergence of new economic activities, investment opportunities and employment opportunities to help improve living conditions for local populations.

African Development Bank signs $15 million Transaction Guarantee Facility with NMB Bank Zimbabwe

15-Mar-2024 - The African Development Bank and NMB Bank Limited Zimbabwe (NMB) have signed a $15 million Trade Finance Transaction Guarantee Facility to unlock trade finance opportunities for Zimbabwean small and medium-sized enterprises and those in agri-business and trade distribution value chains. The signing took place on 7 March at NMB Bank Headquarters in Harare. Moono Mupotola, African Development Bank Country Manager, and Gerald Gore, NMB Bank Chief Executive Officer attended.  The African Development Bank’s board approved the project in November...

Empowering vulnerable women: African Development Bank financing bolsters economic inclusion in Togo

12-Mar-2024 - Some 45 kilometres from Lomé, in the village of Aného, a transformative initiative is reshaping the lives of vulnerable women like Adjoa Agbomassi. Following her successful treatment from obstetrical fistula, Adjoa now stands proudly by her vegetable stalls, a testament to the success of the Project to Support the Financial Inclusion of Vulnerable Women in Togo (PAIFFV).

Second Webinar series on Harnessing forestry for Industrialising and integrating Africa: Timber trade flows and trends in Africa

11-Mar-2024 - Who:         African Natural Resources Management and Investment Centre, African Development Bank What:        Webinar to share and discuss issues related to timber trade flows and trends in Africa. Where:      Hybrid (CCIA, Room 01E04 and online) When:       21 March 2024. Time: 10.00 – 12.00 GMT

Celebrities crowd Adesina Obafemi Awolowo Prize ceremony in Lagos

11-Mar-2024 - Original story : https://newafricanmagazine.com/30296/ The 2023 Obafemi Awolowo Prize for Leadership was formerly presented to Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) during a glittering ceremony held at the Lagos Continental Hotel on the 6th of March. The large guest list was virtually a who’s who of Nigerian society past and present and also included Presidents and Heads of State of other African countries.

#IWD2024: African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) is investing in women, accelerating Africa’s progress toward gender-inclusive economic growth

08-Mar-2024 - By Dr. Beth Dunford Africa is undergoing a fundamental reset in mindset toward investing in its women entrepreneurs. For too long, too many commercial banks and other financial institutions have been on the wrong side of business practice when doing business with Africa’s women-led small and medium enterprises.

#IWD2024: Impactful investment: African Development Bank support shapes scholarship graduate career in drone-enabled public health

08-Mar-2024 - The African Development Bank’s Japan Africa Dream Scholarship program invests in promising African students from Bank member countries at partner universities in Africa and Japan, financing their tuition, travel, and upkeep for post-graduate studies. The program aligns with the goal of the Bank’s Skills for Employability and Productivity in Africa, which is to increase innovation connected to industrialization and development needs.

#IWD2024: Africa Fertilizer Financing Mechanism Investing in Women Cocoa Producers Contributes to Accelerating Progress for Côte d’Ivoire Coop

08-Mar-2024 - San Pedro is located in southwestern Côte d'Ivoire, and producing cocoa alone here can be an uphill battle. For Sandrine Assi, one of San Pedro’s women cocoa producers, these challenges are all too familiar. The size of her small farm, the high cost of hired labor, expensive fertilizers, middlemen cutting into her profits, and market price volatility all mean that farmers like Assi who venture into the cocoa business independently often bring home less money at the end of the harvest season than they’d like.

To tackle poverty, Africa needs welfarist policies and people-centred development, says African Development Bank President Adesina

08-Mar-2024 - President of the African Development Bank Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa to make poverty history as he outlined a compelling case for welfarist policies and people-centred development. “Given the high levels of poverty in Africa, and Nigeria, what is needed are welfarist policies that exponentially expand opportunities for all, reduce inequalities, improve the quality of life of people,” Adesina said as he received the prestigious Awolowo prize for leadership at a colourful ceremony in Lagos on...

2024 Africa Investment Forum Market Days

07-Mar-2024 - What:              2024 Africa Investment Forum Market Days Who:               Africa Investment Forum eight founding partners When:            4-6 December 2024 Where:           Rabat, Morocco   The Africa Investment Forum will hold its 2024 Market Days from 4-6 December in Rabat, Morocco. The event will bring together investors, transaction sponsors, heads of government and development finance institutions to advance investment-ready deals toward market close.

The Gambia: African Development Bank approves supplemental $12 million to boost agriculture and food security

07-Mar-2024 - The Board of Directors of the African Development Bank Group, granted an additional $12 million on March 4, to The Gambia to bolster its ongoing Agriculture and Food Security Project, launched in 2021. 

African Development Bank-Supported Projects in Egypt and Côte d'Ivoire Win Top Honors at 2024 Bonds, Loans & ESG Capital Markets Africa Awards

07-Mar-2024 - Two African Development Bank-supported projects have been recognized at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards conference. A RMB3.5bn ($478.7 million) Sustainability Panda Bond issue by Egypt was awarded Sovereign, Supra & Agency Bond Deal of the Year and a €533m Sustainable Loan to Côte d'Ivoire was named ESG Loan Deal of the Year.

US-Africa Green and Sustainable Financing Workshop

06-Mar-2024 - EXPLORE THE WORLD’S FASTEST-GROWING ASSET CLASS: USTDA AND AFRICAN DEVELOPMENT BANK GROUP UNITE IN SUPPORT OF AFRICAN DEVELOPMENT   US-Africa Green and Sustainable Finance: Fostering a Resilient Future Together An Africa Green and Sustainable Financial Workshop in Abidjan 19-20 March   What:     US-Africa Green and Sustainable Financing Workshop  Who:       African Development Bank and United States Trade and Development Agency

African Water Facility Hosts Key Donors on Implementing its Flagship Program and Developing its Strategy 2026 –2030

06-Mar-2024 - The African Water Facility (AWF) of the African Development Bank welcomed representatives from the Danish Ministry of Foreign Affairs and the Nordic Development Fund to its headquarters in Abidjan on 21 February 2024 to review the progress of shared priorities and strategic planning for the 2026-2030 period.

Top Nigerian University honours African Development Bank President Akinwumi Adesina

06-Mar-2024 - Nigeria’s top Bayero University, Kano, has conferred an honorary degree on African Development Bank Group President Dr Akinwumi Adesina, for his exceptional contribution to education and youth development in the country and across Africa. Dr Adesina received a Doctor of Business Administration at the university’s 38th convocation held in Kano on Saturday, joining the league of influential recipients of this prestigious award, including global icons like South Africa’s Nelson Mandela.

Senegal: the African Development Bank donates $20 million to strengthen food security and increase incomes of small producers

06-Mar-2024 - The Board of Directors of the African Development Bank Group granted a donation of $20 million to Senegal, in Abidjan on Tuesday 5 March 2024, to implement the Post-Covid Food and Nutrition Security Enhancement Project (PRESAN-PC), designed to increase the agricultural production and incomes of vulnerable women and young people over the long term.

African Development Bank Group 2024 Annual Meetings: Free Uplink Satellite Signal

05-Mar-2024 - What:    Expression of interest: Free uplink satellite signal for opening and closing ceremonies of African Development Bank Group’s 2024 Annual Meetings Who:     Interested Broadcasters When:   no later than 15 March 2024 Where:  virtual (via email)