News & Events
07/12/2016 - The African Development Bank’s (AfDB) series of regional consultations meeting with Civil Society Organizations (CSOs) continues across the continent. The East African leg opened on 7 December in Nairobi, Kenya with CSOs advocating for financial support from African source to deliver better on their development agenda and restore trust with government authorities.
07/12/2016 - Participants at the African Economic Conference 2016 in Abuja have identified integrated solutions as key to regional agro-allied industrialization.
Speaking at the “Plenary session 3: Fostering Agro-Allied Industrialization through Regional Value Chains,” they observed that such solutions should digitalize all major interfaces between smallholder farmers and other value chain actors
29/11/2016 - The African Development Bank (AfDB) will organize from December 7 to 9, 2016 a regional consultation meeting with East African civil society organizations (CSOs) in Nairobi, Kenya, at Best Western Premier Nairobi. The meeting will be the fourth of a series of five regional consultations with African civil society organizations after the ones organized for West Africa in Dakar from 31 August to 2 September 2016, for Central Africa in Yaoundé from 28-30 September 2016 and for Southern Africa in Johannesburg from 28-30 November.
17/11/2016 - At the UN’s global climate conference this week, governments and development partners came together to examine the role of financing in shaping some of Africa’s groundbreaking renewables successes such as Morocco’s Noor Concentrated Solar Power (CSP) plant.
17/11/2016 - A delegation from the African Rural and Agricultural Credit Association (AFRACA), led by its General Director, Millison Narh, recently visited the Bank Group and held talks with President Akinwumi Adesina, on possible cooperation with his institution.
09/11/2016 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, November 9, 2016 approved US $391 million to help finance a major water and sanitation program in Kenya.
07/11/2016 - Lucy Wanjiru, aged 65, no longer has to walk over long distances to fetch water for domestic use, thanks to the Menengai Geothermal Development Project in Kenya’s Rift Valley, some 180 kilometres northwest of the capital, Nairobi. The project is co-financed by the African Development Bank (AfDB), the Kenya Government and other partners.
Categories: Kenya, Energy & Power, Environment, Climate Change, Private Sector, Partnerships, Human Capital Development, Water Supply & Sanitation, Gender, Employment, Youth, Climate Investment Funds (CIF)
26/10/2016 - On Tuesday, October 25, 2016, the African Development Bank approved a US $25-million loan for a multinational project to establish a safety-of-life communications systems for Lake Victoria. The largest lake in Africa accommodates a fleet of 70,000 vessels, mostly individual fishermen, but lacks any alert or rescue systems. Consequently as many as 5,000 people die in the lake each year. The loan will finance the extension of GSM (Global System for Mobile Communications) networks on the lake and the creation of 22 rescues centres in Tanzania, Uganda and Kenya, contributing to save lives and stimulate business for the benefit of the economy of the entire Lake Victoria basin.
25/10/2016 - Transforming Africa’s agriculture was the focus of the second day of the Korea-Africa Economic Cooperation Conference (KOAFEC) in Seoul.
Addressing Ministers of Finance from African countries, African Development Bank President Akinwumi Adesina highlighted the importance of investing in rural infrastructure, as well as rapidly developing the agro-industrial sector. “Africa should not be a consumption centre. It must export processed cocoa, not cocoa beans; it must export specialized coffee, not coffee beans; and it must export finished textile products, not cotton lint,” he emphasized.
13/10/2016 - “Probing and thinking critically is what will make Africa a continent of the 21st century... inculcating skills at an early age is the key, says Shem Bodo, Senior Programs Officer with the Association for the Development of Education in Africa (ADEA).