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African Development Bank seeks partnerships to lift 1 billion people out of hunger globally
26-Sep-2018 - The African Development Bank called on global partners to join hands to lift one billion people worldwide out of hunger and said it was leading the way by investing US$24 billion in African agriculture over the next 10 years in the largest such effort ever. “We are not winning the war against global hunger,” Bank President Akinwumi Adesina told an agriculture conference at Purdue University in Indianapolis on Tuesday, 25 September.African Development Bank Convenes Climate Change Seminar on Gender Mainstreaming for African Group of Negotiators
26-Sep-2018 - The African Development Bank will conduct a seminar on gender mainstreaming in climate negotiations for the African Group of Negotiators (AGN) in Dakar, Senegal, on Wednesday, 26 September, 2018. The knowledge and capacity building event will be held at the Le Ndiambour Hotel in Dakar. The seminar will be held under the auspices of the ‘Inclusive Climate Change Adaptation for a Sustainable Africa (ICCASA) Program,’ a project administered by the Bank with a $450,000 grant from the Korea-Africa Economic Cooperation Trust Fund,African Development Bank Boosts Jobs for Youth in Africa Strategy with close to $2 Million
25-Sep-2018 - The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative.African Development Bank and Purdue University to hold conference on successful technologies for African farmers
25-Sep-2018 - The African Development Bank and Purdue University are organizing the Scale Up Conference on Agricultural Innovations from September 25-27, 2018, to address how to shift agricultural innovations from research institutions into the developing world, particularly Africa. The Scale Up Conference will bring together hundreds of individuals and organizations engaged in the introduction, diffusion, and adoption of agricultural innovations that have the potential to reach millions.African Development Bank and Nigerian Economic Society to hold International Conference on Agricultural Value Chain(s) in Abuja, Nigeria
25-Sep-2018 - The African Development Institute (ECAD) of the African Development Bank and the Nigerian Economic Society (NES) will convene an international conference under the theme “Optimizing Value Chain(s) in the Agricultural Sector” from 25 – 27 September 2018. The conference will be held at the NICON Luxury Hotel in Abuja, Nigeria.
Africa Investment Forum : Roadshow en Algérie
25-Sep-2018 - La Banque africaine de développement procédera à la présentation, mardi 25 septembre 2018 à Alger, de l’Africa Investment Forum (AIF). La Banque lance le premier marché de l’investissement en Afrique dans le but de stimuler la transformation économique du continent et de l’aider à trouver la voie de la prospérité. La première édition de l’Africa Investment Forum se tiendra du 7 au 9 novembre 2018 à Johannesburg, en Afrique du Sud.
African Development Bank Launches first Africa-to-Africa (A2A) Investment Report
24-Sep-2018 - Opportunities for investment in Africa often outweigh the obstacles, according to leading African companies included in the African Development Bank’s first Africa-to-Africa (A2A) Investment Report. The report unearths the realities African companies face when investing in the continent, the emerging trends in A2A investment and the steps African policymakers can take to accelerate intra-African investment.African Development Bank Supports Ghana’s Renewable Energy Sector with $1.5 Million Grant
24-Sep-2018 - The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive. The grant will support the Ghana government’s efforts to overcome technical, financial, regulatory and institutional barriers to scaling-up renewable energy investments in the country.Mano River Union Phase II gets go ahead improving more roads and transportation in countries
21-Sep-2018 - The Board of Directors of the African Development Bank gave the green light for the launch of the second phase of the Mano River Union (UFM) programme, which would improve roads and facilitate transport between Liberia and Cote d’Ivoire. This second phase consolidates road rehabilitation efforts so far and will boost economic recovery in the two countries. It will provide for the asphalting of 67.1 km of road between Liberia’s Fish Town and Kelipo (20 km) and between Sanniquellie and Loquatuo (47.1 km), and the construction of two markets...Liberia: African Development Bank Approves $1mn to boost Private Sector in Wood Industry
21-Sep-2018 - The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has approved a grant of US $1 million to Liberia, to provide technical assistance to its fast-growing wood processing industry. The grant will strengthen the capacity of public and private sector players in the nation’s secondary wood processing industry and provide institutional support to small and medium-sized enterprises (SMEs).
Mozambique: Nearly 30 projects presented for Africa Investment Forum
21-Sep-2018 - Investors and members of Mozambique’s business and financial community have presented nearly 30 development projects for the Africa Investment Forum (AIF), the African Development Bank’s new transactional platform for mobilizing investments in the continent.
Adesina wraps up Canada visit with a plea in Calgary: “Africa cannot be ignored”
20-Sep-2018 - “Given the size of its markets, growth, and huge potential across multiple sectors, Africa cannot be ignored.” This was the African Development Bank President, Akinwumi Adesina’s message at a public and private sector investor roundtable on Thursday in Calgary. Addressing institutional investors, private sector representatives and provincial government officials in Alberta, Adesina said “We want to make sure investment in Africa can mirror a smooth plane touchdown and that your journey into Africa is not a bumpy ride.”Integrity in Development Projects: African Development Bank Debars GEO SCIENCES for 48 Months for Fraudulent Practices
20-Sep-2018 - Le Groupe de la Banque africaine de développement a annoncé ce 20 septembre 2018 avoir exclu pour une période minimum de 48 mois GEO SCIENCES International SARL, un cabinet de conseil qui a son siège à Yaoundé, au Cameroun.
The African Development Bank and the South African Embassy in Cote d’Ivoire Honor Nelson Mandela
20-Sep-2018 - The African Development Institute (ECAD), a knowledge promotion and capacity development department of the African Development Bank, and the Embassy of South Africa in Cote d’Ivoire have successfully hosted the Nelson Mandela Centenary Public Lecture, in Abidjan, Cote d’Ivoire, on September 17, 2018.
In Japan, African Development Bank President woos investors, promotes development agenda for Africa through agriculture
19-Sep-2018 - On an official visit to Japan, the President of the African Development Bank repeated his call for investment in agriculture and development initiatives to ensure Africa’s economic growth. Akinwumi Adesina, met with senior government officials, business leaders and the African diplomatic community on a short visit to the Japanese capital from 5-6 September, 2018.African Development Bank launches US$2 Billion 3.00% Global Benchmark due 20 September 2023
19-Sep-2018 - The African Development Bank, rated Aaa (Moody’s)/AAA(S&P)/AAA(Fitch), has launched and priced its new US$2-billion 5-year Global Benchmark bond, due 20 September 2023. Launched on September 13, this new deal is the Bank’s second US$ benchmark transaction of the year, following the US$2-billion 3-year Global Benchmark priced on March 2018. With its latest issue, the Bank continues to meet its objective of funding strategy to issue large liquid benchmark transactions and extend its benchmark curve.
African Development Bank President Adesina urges Canada to be present at Africa’s investment table
19-Sep-2018 - African Development Bank President, Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Business in Toronto.
African Development Bank, Mariner Investment Group, and Africa50 Price Landmark $1 Billion Impact Securitization
18-Sep-2018 - The African Development Bank, the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk. Room2Run is the first-ever portfolio synthetic securitization between a Multi-Lateral Development Bank (MDB) and private sector investors, pioneering the use of securitization and credit risk transfer technology to a new and previously unexplored segment of the...
Global Public Procurement Conference 2018
18-Sep-2018 - The African Development Bank, in collaboration with the Inter-American Development Bank (IaDB), and other multilateral development banks and international institutions, is organizing a Global Public Procurement Conference on the theme: Towards the digital frontier! International experts and country representatives from procurement regulatory agencies will be presenting and debating on key topics relevant to the modernization of public procurement in the digital transformation era. The event will take place at The IADB Conference Center Enrique...