28/04/2016 - In a bid to help Botswana diversify its economy, the Board of Directors of the African Development Bank has approved a 850-million Pula (US $76.2-million) line of credit (LOC) to Botswana Development Corporation (BDC) to be invested in key sectors with a view to ultimately help diversify the country’s economic base.
18/04/2016 - “The greatest contributor to economic growth is not physical infrastructure, but brainpower, or ‘gray matter infrastructure’”, says Akinwumi Adesina, President of the African Development Bank. Malnourished children do not feed their brains or bodies, and “stunted children today leads to stunted economies tomorrow”, he said Saturday in Washington during an event on global nutrition organised by the Bill and Melinda Gates Foundation.
13/04/2016 - “We need to look afresh at agriculture in Africa as a series of systems, and to see it not as a way of life, but a business”, said African Development Bank Acting Vice-President for Operations, Kapil Kapoor, at a World Bank Spring Meetings panel on ‘The Future of Food’ on Wednesday. But the challenges of food and agriculture are global: while 2 billion people in the world are undernourished, 2 billion are obese or overweight. The world wastes one-third of the food it produces.
13/04/2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, visited Pretoria, South Africa, April 7-8, 2016, where he strengthened alliances with stakeholders in line with the Bank new corporate priorities – the High 5s. The President also positioned the Bank as a key development partner by leveraging resources to support the African countries in implementation of the Bank’s “High 5s” (Light up and power Africa, Feed Africa, Integrate Africa, Industrialize Africa, and Improve the quality of life for the people of Africa).
08/04/2016 - Liberia, a small country of 4 million inhabitants located in West Africa, is on the verge of undergoing one of the most transformational moments in its agricultural history.
With 10% of its adult population having subscribed to mobile money accounts, Liberia can boast of soon being able to double this figure thanks to the Liberian Agriculture Transformation Agenda (LATA), launched by the Government of Liberia with the support of the African Development Bank.
07/04/2016 - At its regular sitting in Abidjan, Côte d’Ivoire on Wednesday, the Board of Directors of the African Development Bank Group (AfDB) approved Ethiopia’s Country Strategy Paper for 2016-2020, which aims to support the country’s ambition of becoming an industrialized middle-income country by 2025.
07/04/2016 - The African Development Bank’s Senior Management Coordinating Committee (SMCC) recently approved a Memorandum of Understanding between the Bank and UN Women.
07/04/2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, on Tuesday, April 5, 2016 began a two-day visit in Blantyre, Malawi, where he has pledged to continue supporting Malawi’s efforts to diversify its economy, achieve sustainable growth and reduce poverty.
Categories: Malawi, Agriculture & Agro-industries, Energy & Power, Infrastructure, Private Sector, Employment, Human Capital Development, Water Supply & Sanitation, Food Production, President's Corner
05/04/2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, on Monday, April 5, 2016 had a one-day visit in Maputo, Mozambique, where he reaffirmed the commitment of the Bank to continue to support the growing Mozambican economy.
Categories: Mozambique, Agriculture & Agro-industries, Energy & Power, Environment, Climate Change, Human Capital Development, Water Supply & Sanitation, Employment, Food Production, Youth, President's Corner
04/04/2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, will be in Mozambique on a working visit from April 4-5 2016, leading a high-level Bank delegation. During the visit, President Adesina will be received by the President, Filipe Jacinto Nyusi, and maintain working contacts with the Ministers of Economy and Finance; Energy and Mineral Resources; Agriculture and Food Security; and Land, Environment and Rural Development; as well as the Governor of the Bank of Mozambique, and the Chairman of the EDM (electricity utility company).