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World Water Week in Stockholm: AfDB joins global community to press for water for all by 2030
29-Aug-2016 - As a leading provider of water and sanitation services in Africa, the African Development Bank (AfDB) and the African Water Facility (AWF) have been invited to participate in World Water Week in Stockholm, Sweden. World Water Week, which takes place from August 28 to September 2, 2016, is the leading annual global event for tackling global water issues and development-related challenges.AfDB approves US $100-million non-sovereign guarantee corporate loan for Export Trading Group (ETG)
29-Aug-2016 - The Board of Directors of the African Development Bank (AfDB) Group has approved a seven-year, non-sovereign guarantee, US $100-million corporate loan to the Export Trading Group (ETG), to finance part of part of the company’s five-year Agricultural Investment Program (IP) in Africa. The programme will promote employment for youths and women, and adopt an integrated value-chain approach that emphasizes access to regional and global markets.Visite officielle du Président de la BAD à Madagascar : Pour une coopération renforcée
28-Aug-2016 - Le président du Groupe de la Banque africaine de développement (BAD), Akinwumi Adesina, effectuera, du 29 au 31 Août 2016, une visite officielle à Madagascar pour une série de rencontres avec le Premier Ministre, Olivier Solonandrasana Mahafaly, le Ministre des Finances et du Budget, François Rakotoarimanana et d'autres membres du gouvernement. Il aura également des échanges techniques avec des Représentants des secteurs bancaire et privé et des organisations nationales et internationales.AfDB President urges countries to institutionalise systems to support agriculture trade
28-Aug-2016 - Creating markets, developing infrastructure and providing financing for farmers are key ingredients for transforming agriculture in Africa. President Akinwumi Adesina of the African Development Bank made these remarks Saturday at the Sasakawa Symposium on "Contributing to Social security and jobs through agriculture-30 Years of Sasakawa in Africa", held at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya.
AfDB and Sasakawa Africa Association sign MOU to boost agriculture in Africa
28-Aug-2016 - The African Development Bank (AfDB) has signed a Memorandum of Understanding with Sasakawa Africa Association (SAA) to promote agriculture and agri-business in Africa. The MOU was signed on August 27, 2016, during the Sasakawa Symposium on "Contributing to Social Security and Jobs through Agriculture: 30 years of Sasakawa in Africa", held at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya..
Japan pledges investment in quality infrastructure in Africa
28-Aug-2016 - Investing in infrastructure and human resource development are crucial for Africa to realise Agenda 2063, a high-level panel during the Sixth Tokyo International Conference on African Development (TICAD VI) heard Saturday in Nairobi.
Bank Group participates in TICAD VI
27-Aug-2016 - An African Development Bank (AfDB) Group delegation led by the Bank President, Akinwumi Adesina, will attend the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi from August 27-28, 2016. This will be the first time TICAD is being held in Africa since its inception in 1993, demonstrating the strong African ownership and deepening partnership among TICAD stakeholders.
AfDB signs Letter of Intent with Sumitomo Mitsui Banking Corporation to promote Africa’s economic development
27-Aug-2016 - The African Development Bank (AfDB) signed a Letter of Intent (LOI) with Sumitomo Mitsui Banking Corporation (SMBC) on Saturday, August 27, 2016, during the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya. The move signals the AfDB's commitment to significantly scale up development finance as it expands its operations and services, tailoring them better to meet the demands of a sharply differentiated client base in the Bank's various regional member countries in Africa.Japan chooses AfDB to implement bold new infrastructure plan for Africa
27-Aug-2016 - Visiting Japanese Prime Minister Shinzo Abe has announced a bold new African infrastructure plan worth US $10 billion over the next three years to be implemented by the African Development Bank (AfDB), raising the stature of the Abidjan-based financial institution in achieving Africa's development. The infrastructure investment package announced by the Japanese Prime Minister will focus on modernizing electricity, power and urban transport systems in order to improve the connectivity of Africa.AfDB-backed equity fund briefs potential investors at TICAD Summit
27-Aug-2016 - An African Development Bank (AfDB) infrastructure fund launched to mark half a century of Africa's struggle towards economic and political maturity has stepped up its effort to secure investments from foreign and local wealth funds, social security funds and banks. Alain Ebobissé, Chief Executive Officer of Africa50, said the Fund provided international development institutions with an opportunity to provide funding to governments with weak credit rating.AfDB President emphasises industrialising Africa plan to spur bond markets
27-Aug-2016 - African Development Bank (AfDB) President Akinwumi Adesina unveiled the elements of an African industrialisation strategy at an international meeting of African Heads of State and Government and their Japanese counterparts, and called for the linking of stock markets to enlarge Africa's domestic markets.AfDB to support community-backed healthcare initiatives in Africa
27-Aug-2016 - The African Development Bank (AfDB) has pledged funding and technical support to roll out community-based healthcare initiatives around Africa at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi. AfDB President Akinwumi Adesina said rollout of community healthcare initiatives like the ones implemented by the Republic of Rwanda could be repeated in other countries to achieve better results.
Présence remarquée de la Banque africaine de développement à Nairobi à l’occasion de la TICAD VI
26-Aug-2016 - Le Groupe de la Banque africaine de développement (BAD) a marqué sa présence à la sixième Conférence internationale de Tokyo sur le développement de l’Afrique (TICAD VI) qui se tient les 27 et 28 août 2016 à Nairobi, au Kenya, grâce à une série d’activités organisées dans le cadre de partenariats, avec la Banque mondiale notamment, dans la journée du 26 août.
African Development Bank Group and JETRO sign MOU on collaboration
26-Aug-2016 - The African Development Bank Group and the Japan External Trade Organization (JETRO) have signed a Memorandum of Understanding (MOU) at the Sixth Tokyo International Conference on African Development (TICAD VI), currently underway in Nairobi, Kenya.
AfDB, World Bank strategic alliance positions Africa to attract Japanese investors
26-Aug-2016 - African Development Bank (AfDB) President Akinwumi Adesina and World Bank President Jim Yong Kim, leading two development institutions at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi on Friday, started a big push to enable African states to attract foreign capital.
AfDB and Japan Announce US$3 Billion Private Sector Development Initiative to Boost Growth and Reduce Poverty in Africa
26-Aug-2016 - The African Development Bank (AfDB) and the Government of Japan announced today they have set a joint target to provide US$ 3 billion for private sector development in Africa during the next three years, substantially increasing the resources devoted to boosting economic growth and fighting poverty in the region. The resources will be provided under the third phase of the Enhanced Private Sector Assistance for Africa (EPSA) initiative.
Africa brimming with opportunity for Japanese investments, forum hears
26-Aug-2016 - Africa is full of opportunity for Japanese investment. This was the message at the Japanese –Africa Business conference which opened on August 26, 2016 on the sidelines of TICAD VI, currently underway in Nairobi, Kenya. The event, organised by Japan External Trade Organization (JETRO) and the Kenya Investment Authority, sought to woo Japanese investment in Africa.