News & Events
22/05/2012 - The Board of Directors of the African Development Bank Group (AfDB) approved on 16 May in Tunis, an equity investment of USD 100 million to Agvance Africa, the first agribusiness-focused Fund of Funds on the African continent. The strategic objective of Agvance Africa is to increase private investment flows into the agribusiness sector on the continent to address growing food security concerns and unleash the largely unexploited potential of African agriculture and agribusiness sectors.
Categories: Private Sector Development, Agriculture & Agro-industries, Fund for African Private Sector Assistance, Board of Directors
18/05/2012 - More than 1,000 delegates gathered at the 4th Africa Water Week under the theme “Water for Growth in Africa”, organized by the African Ministers’ Council on Water (AMCOW), in Cairo, Egypt, between 14 and 18 May, 2012.
Categories: Egypt, Water Supply & Sanitation, Private Sector Development, Rural Water Supply & Sanitation Initiative
- From: 16/05/2012
- To: 18/05/2012
- Location: Cairo, Egypt
The African Development Bank will be taking part in the 4th Africa Water Week, taking place from 16 to 18 May 2012 in Cairo. This year’s them is: “Water for growth in Africa, AMCOW’s Journey@10.” Sub-themes include “Private sector investment in water and sanitation”; “Infrastructure for Green Growth and Climate Resilience" and "Water Governance and Financing".
Categories: Egypt, Water Supply & Sanitation, Private Sector Development, Rural Water Supply & Sanitation Initiative
- From: 20/11/2012
- To: 21/11/2012
- Location: Genève
After more than a decade of uninterrupted growth, Africa now stands as one of the most promising economic zones of the world, set against the background of general crisis in Europe and the United States. Success stories are happening all the time, and new entrepreneurs emerging just as frequently motivated by a desire to conquer new markets beyond their borders and the continent.
Categories: Switzerland, Private Sector Development, President's Corner
- From: 10/05/2012
- To: 12/05/2012
- Location: Tunis, Tunisia
The African Development Bank (AfDB) and the International finance corporation (IFC), a member of the World Bank Group, will host the 3rd Multilateral Development Banks’ Conference on Private Sector Integrity from 10 to 12 May, 2012, at the Movenpick Hotel, Gammarth, in Tunis, Tunisia.
Categories: Tunisia, Private Sector Development
04/05/2012 - The African Development Bank (AfDB) held its inaugural Annual Syndications and Co-financiers meeting in London on 24th April, 2012. The event was intended to broaden and deepen the pool of AfDB’s co-financing partners for private sector operations, primarily among commercial investors, but also other development financial institutions and export credit agencies.
Categories: United Kingdom, Private Sector Development
30/04/2012 - A delegation from the African Development Bank (AfDB) attended the 9th Annual Conference of the African Venture Capital Association (AVCA), held between 22 and 26 April, and advised participants not to view Africa as a continent with the same risk profile.
Categories: Private Sector Development
13/04/2012 - The African Development Bank (AfDB) has embarked on a consultation exercise across Africa on its proposed Integrated Safeguards System (ISS). It is conferring with governments and representatives of civil society and the private sector.
Categories: Kenya, South Africa, Gabon, Nigeria, Morocco, Private Sector Development, Environment
26/03/2012 - The African Development Bank (AfDB) and the West African Development Bank (WADB) signed a loan agreement of a capital subscription of EUR 3.05 million and a line of credit of EUR 64 million to the West African Development Bank (WADB). The objective of this facility is to strengthen WADB’s financial capacities and to assert its role as a strategic partner of AfDB in financing the private sector, the engine of growth in West Africa.
Categories: Private Sector Development
23/03/2012 - The partnerships and cooperation unit (ORRU) recorded notable results in 2011 in moving the Bank’s partnership network towards a green and inclusive growth in Africa. During the year, the Unit mobilized a total of USD 127 million new grant resources, of which USD 112 million were for thematic funds and USD 15 million for single donor funds.
Categories: Private Sector Development, Partnerships
