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AfDB participates in 2017 World Economic Forum on Africa
02-May-2017 - The African Development Bank is participating in the World Economic Forum on Africa in Durban, South Africa, from May 3-5. The delegation will be led by Jennifer Blanke, Vice-President for Agriculture, Human and Social Development, and will comprise Pierre Guislain, Vice-President for Private Sector, Infrastructure and Industrialization, and Amadou Hott, Vice-President for Power, Energy, Climate and Green Growth.
Agripreneurs in Africa gather for first-ever youth agribusiness forum
02-May-2017 - Youth from all over Africa came together in the first-ever African Youth Agripreneurs (AYA) Forum in Ibadan, Nigeria, on April 25-26, 2017. The forum provided an opportunity for the youth to show their skills, creativity, and innovativeness in agribusiness, and also relate with other youths, development partners, and stakeholders in the sector.Second Abidjan Union Meeting held under the theme “Guaranteeing the Future of Africa’s Energy”
30-Apr-2017 - The second edition of the Abidjan Union was held at the African Development Bank headquarters in Abidjan, Côte d’Ivoire, on April 27 and 28, 2017. The Abidjan Union, which is an annual convening forum for official risk mitigation solutions providers has the objective of enhancing the relevance of guarantee and insurance products in Africa and presents a forum for exchanging information on the Union members’ products and experiences of utilizing risk mitigation instruments in innovative transactions over the past year.Charles O. Boamah appointed as Senior Vice-President of the African Development Bank Group
28-Apr-2017 - The African Development Bank is pleased to announce the appointment of Charles O. Boamah as Senior Vice-President of the African Development Bank Group, effective immediately.
The African Development Bank Group appoints Hassatou Diop N’Sele as Acting Vice-President for Finance/Chief Financial Officer
28-Apr-2017 - President Akinwumi Adesina of the African Development Bank Group is pleased to announce the appointment of Hassatou Diop N’Sele, as Acting Vice-President for Finance and Chief Financial Officer. She is currently the Treasurer of the African Development Bank Group and will hold the position jointly with her current responsibility as the Treasurer of the Bank Group, until a substantive new Vice-President for Finance and Chief Financial Officer is appointed. N’Sele takes over from Charles Boamah who has been appointed as Senior Vice-President for...Bank workshop examines leadership in Regional Member Countries, results culture, rapid development results and regional integration
28-Apr-2017 - The African Community of Practice (AfCoP) on Managing for Development Results (MfDR), whose secretariat is at the African Development Bank (AfDB) in the Corporate Performance and Accountability Division, organized a two-day internal seminar on the Bank’s support in building a results culture in the Bank’s Regional Member Countries (RMCs) on April 10 and 18, 2017.
Adesina addresses need to end rural poverty at One World conference in Berlin
28-Apr-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for urgent action to end rural poverty in Africa at a conference on the future of the rural world in Berlin.
AfDB, in collaboration with London Stock Exchange Group hosts Inaugural Africa launch of ‘Companies to Inspire Africa 2017’ in Abidjan
27-Apr-2017 - The African Development Bank Group (AfDB) in collaboration with London Stock Exchange Group, hosted the inaugural African Launch of the ‘Companies to Inspire Africa 2017’ Report on Wednesday, 26 April 2017 at its headquarters in Abidjan. The ‘Companies to Inspire Africa’ initiative aims to provide global investors visibility of Africa’s high growth private sector companies and enable private sector access to capital through financial intermediaries and Africa’s capital markets.
Adesina commends Germany’s support to Africa’s development and reiterates the importance of the Bank’s High 5s
27-Apr-2017 - In a speech delivered at a meeting with the Committee for Economic Cooperation and Development of the German Parliament in Berlin on Wednesday, the President of the African Development Bank Group (AfDB), Akinwumi Adesina, thanked the Committee for Germany’s generous contribution to the African Development Fund (ADF), the concessional resource arm of the Bank.Angola – AfDB country support strategy focuses on Agricultural Transformation and Infrastructure Development for Inclusive Growth
26-Apr-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved the Bank’s Angola Country Strategy Paper (CSP) to guide its interventions in the country in the next five years, focusing on Inclusive growth through agricultural transformation and supporting sustainable infrastructure development. The 2017-2021 strategy aims to tackle the challenges facing the country by accelerating economic diversification and enhancing structural transformation to achieve broad-based economic growth and poverty reduction.
AfDB and London Stock Exchange launch "Companies to inspire Africa" in Abidjan
26-Apr-2017 - The African Development Bank (AfDB) and the London Stock Exchange (LSEG) will launch “Companies to Inspire Africa” (CTIA) report on 26 April 2017 in Abidjan, Côte d'Ivoire. The publication identifies and features fast-growing small and medium enterprises (SMEs) across the continent, with the objective of feeding a microsite and a database that identifies some of Africa’s most dynamic, fast growing private SMEs.The future of African agribusinesses is linked to maximizing the use of technology
26-Apr-2017 - Access to financial sources is not always the main key to ensuring the sustainability of agribusiness ventures launched by young African entrepreneurs. This is the main finding of the second day of the African Youth Agripreneurs Forum held in Ibadan, Nigeria, from 25-26 April 2017. During a session on ‘Financing Youth in Agribusiness,’ the forum explored the financial aspect of agripreneurship. Loans, credit lines, equity were among the ideas discussed. But how about starting a business with creativity as your only capital?The West African International Arbitration Conference (WAIAC) charts the future of investment arbitration in Africa
25-Apr-2017 - More than 80 lawyers, international arbitration practitioners and government officials gathered in Abidjan from April 20-21 for a lively exchange of ideas and legal opinions. The West African International Arbitration Conference (WAIAC) provided a platform for both African legal firms and government institutions to promote their work, network with peers in the industry and deepen their understanding of emerging challenges in the field of international arbitration.Huge Opportunities in Agriculture and Agribusiness for Graduate African Youths
25-Apr-2017 - There are huge business opportunities for graduated African youths in agriculture and agribusiness. That’s was the consensus of the two-day African Youth Agripreneurs Forum held in Ibadan, Nigeria, from April 25-26, 2017. However, helping African youths to invest in agricultural production and the agricultural value chain is all too often discussed as the right track of ideas for development in Africa, but little is done by governments, warned Nteranya Sanginga, the Director General of the International Institute of Tropical Agriculture (IITA).
AfDB assesses results of US$ 5 billion investment in South Africa
25-Apr-2017 - What do we get for US$ 5 billion investment? The Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has just published a report evaluating more than a decade of engagement in South Africa (2004 – 2015), principally in the finance and energy sectors.The African Development Bank announces expansion of its African Bond Index
24-Apr-2017 - The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/AFMISM Bloomberg® African Bond Index (ABABI) in February 2015. Calculated by Bloomberg Indices, the composite index is currently comprised of the Bloomberg South Africa, Egypt, Nigeria, Kenya, Botswana and Namibia local currency sovereign indices and have been joined from April this year by Ghana and Zambia.
Stunting costs Africa $25 billion annually – AfDB
23-Apr-2017 - The African Development Bank (AfDB) says the cost of malnutrition is too huge for Africa to ignore. Speaking at a side event on “Developing Africa’s Grey Matter Infrastructure: Addressing Africa’s Nutrition Challenges” at the African Development Bank Group’s 52nd Annual Meetings in Ahmedabad, India, on Monday, May 22, AfDB Group President Akinwumi Adesina disclosed that stunting alone costs Africa $25 billion per year.
Multilateral banks to deepen collaboration with private sector to boost inclusive, sustainable infrastructure
22-Apr-2017 - Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
Bank President discusses youth employment, agriculture and fragility with partners and key stakeholders in Washington
21-Apr-2017 - The African Development Bank President’s full and busy second day in Washington, DC opened with a meeting of Multilateral Development Bank Heads and a bilateral tête-à-tête with Tone Skogen, State Secretary and Norwegian Governor to the AfDB.