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26/07/2016 - African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says the 2015 edition of the African Development Bank (AfDB)'s African Development Report, that was officially launched on 26 July 2016 at the Bank's headquarters in Abidjan, Côte d’Ivoire by the AfDB President Akinwumi Adesina, represented by Kapil Kapoor, Acting Vice President, Sector Operations. The theme of this edition is on “Growth-poverty and inequality nexus: overcoming barriers to sustainable development”.


26/07/2016 - Kigali, Rwanda: On 25 July 2016, the African Development Bank and the Government of Rwanda signed a financing agreement amounting to UA35.9 million (USD 50.200 million) to finance the third phrase of the Skills, Employability and Entrepreneurship Programme III (SEEP III).

Categories: Rwanda, Employment


26/07/2016 - Par le biais de son guichet du secteur privé, le Conseil des gouverneurs du Groupe de la Banque africaine de développement (BAD) a approuvé, le 20 mai 2016, l’octroi d’une ligne de crédit d’un montant équivalant à 7 millions de dollars EU et d’une maturité de 5 ans, à la Banque Populaire de Mauritanie (BPM).

Categories: Mauritania, Fund for African Private Sector Assistance, Private Sector


25/07/2016 - Africa’s industrialization agenda, one of the Bank Group’s top priorities for the continent’s economic transformation, received a boost this week with the approval of the Bank Group’s Industrialisation Strategy for Africa 2016-2025.

Categories: Transport, Infrastructure


23/07/2016 - Africa50 held on 21 July 2016 its first Annual General Meeting (AGM) following its historic Constitutive General Assembly which took place in July 2015 and where twenty (20) African countries and the African Development Bank subscribed to a total of USD 830 million in its initial share capital. The AGM saw the participation of African governments and central banks with delegates discussing the progress to date and future prospects of the Fund as well as approving the audited financial statements over the first 5 months of operations from 29 July 2015 to 31 December 2015.

Categories: Morocco, Infrastructure, Africa50


23/07/2016 - Le président de la Banque africaine de développement (BAD), Akinwumi A. Adesina, a effectué le 22 juillet 2016 une visite du projet Noor à Ouarzazate, la plus grande centrale thermo-solaire à concentration au monde.

Categories: Morocco, Energy & Power


22/07/2016 - Negotiations require preparation and there should be a structured process on how to approach negotiations, emphasized the African Natural Resources Center (ANRC) Director, Sheila Khama. Addressing a cross-section of natural resources experts at a seminar convened jointly with the African Legal Support Facility (ALSF) on 19 July 2016 in Abidjan, Cote d’Ivoire, the aim was to draw attention to the complexity of contract negotiations and dialogue on the importance of good governance in negotiations between African countries and investors. Both ANRC and ALSF have been established by the African Development Bank.

Categories: African Legal Support Facility, African Natural Resources Center (ANRC)


22/07/2016 - On Tuesday, July 19, 2016, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new USD 1 billion 5-year Global benchmark transaction due 26 July 2021.


22/07/2016 - The day after his arrival in the Kingdom on his first official visit as president of the African Development Bank (AfDB), Akinwumi Adesina attended many high level meetings with the Moroccan authorities in Rabat on Wednesday 20 July.

Categories: Morocco, Regional Integration, Energy & Power, Education, Health, Agriculture & Agro-industries, President's Corner


21/07/2016 - “Water and sanitation will remain one of the key development challenges facing African communities and nations, with direct impacts on economic growth,” warned the African Development Bank (AfDB) at the ongoing 6th Africa Water Week (AWW6), holding in Dar es Salam, Tanzania, from 18-22 July 2016.

Categories: Tanzania, Water Supply & Sanitation