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NIGERIA: African Development Bank’s Sustainable Energy Fund for Africa approves $500,000 grant for clean energy
20-Sep-2019 - The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF), a new private equity fund developed by All On, a Nigerian impact investment firm financed by Shell. NEAF will make strategic investments in sustainable energy in Nigeria, particularly in the country’s burgeoning off-grid and mini-grid sectors.
Angola: Country office anniversary cocktail toasts Bank’s 55 years of Making a Difference
18-Sep-2019 - The Angola country office of the African Development Bank on 10 September 2019 marked the Group’s 55th anniversary with a cocktail reception in Luanda, during which dignitaries toasted the Bank’s fruitful partnership and transformative work in Angola and Africa. The dignitaries included senior government officials, diplomats, development partners and representatives of financial institutions and project coordinators.Le Document de stratégie d’intégration régionale de l’Afrique centrale 2019-2025 est présenté à Yaoundé pour accélérer l’agenda de la Zone de libre-échange continentale africaine
17-Sep-2019 - Le ministre de l’Économie, de la planification et de l’administration du territoire, également gouverneur de la Banque africaine de développement pour le Cameroun, Alamine Ousmane Mey, a ouvert, ce lundi 16 septembre à Yaoundé, au Cameroun, l’atelier de restitution du Document de stratégie d’intégration régionale de l’Afrique centrale, pour la période 2019-2025 (DSIR-AC).Global Gender Summit
16-Sep-2019 - WHO: African Development Bank and the Republic of Rwanda WHAT: Global Gender Summit DATE: 25-27 November 2019 VENUE: Kigali Convention Centre – Kigali, Rwanda THEME: Unpacking constraints to gender equality
G5 Sahel Heads of State throw their weight behind African Development Bank's Desert to Power initiative
16-Sep-2019 - G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical meeting attended by the region’s energy ministers, and development partners including the World Bank, Agence Française de Développement, Masen (Moroccan Solar Energy Agency), and regional institutions such as the West African Economic and Monetary...Le Document de stratégie d’intégration régionale de l’Afrique centrale 2019-2025 sera présenté à Yaoundé le 16 septembre prochain
13-Sep-2019 - Le ministre de l’Économie, de la planification et de l’administration du territoire, également gouverneur de la Banque africaine de développement pour le Cameroun, Alamine Ousmane Mey, procèdera, lundi 16 septembre, à l’ouverture de l’atelier de restitution du Document de stratégie d’intégration régionale de l’Afrique centrale pour la période 2019-2025 (DSIR), à Yaoundé, au Cameroun.
G5 Sahel Summit: African Development Bank, partners, commit to light up and power the Sahel with the Desert to Power initiative
13-Sep-2019 - Dr. Akinwumi Adesina, president of the African Development Bank, has arrived in Ouagadougou, capital of Burkina Faso, ahead of the G5 Sahel Summit, and was received by Burkina Faso’s president, Mark Roch Christian Kaboré. The Burkinabe president applauded the Bank’s Desert to Power initiative, and also highlighted his country’s excellent relationship with the Bank, expressing his thanks for the portfolio of projects implemented. The Bank president is an invited guest at the G5 Sahel Summit of heads of state and government on 13 September.
The future of development banks discussed as senior officials meet at 20th annual meeting
13-Sep-2019 - Senior officials from the world’s leading financial institutions have wrapped up their 20th annual meeting in Abidjan at the headquarters of the African Development Bank. The corporate secretaries of international financial institutions (IFIs) met from 11 to 13 September 2019. The gathering coincides with a renewed push for Africa’s development agenda. The host institution, the African Development Bank, is in the process of lobbying for a general capital increase from shareholders to accelerate growth in the continent.
Innovative thinking marks African Development Bank’s Africa jobs manifesto
13-Sep-2019 - Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye Auditorium at the Bank’s headquarters, attended by senior management, diplomats, staff, and media representatives.African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022
13-Sep-2019 - The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year.
Three Questions to Wale Shonibare, Acting VP, Power, Energy, Climate & Green Growth
12-Sep-2019 - What is the Desert to Power Initiative? Desert to Power is an ambitious and innovative partnership-driven initiative of the African Development Bank to transform the Sahel and Sahara region through the deployment of solar technologies, at scale, in eleven countries: Burkina Faso, Chad, Djibouti, Ethiopia, Eritrea, Mali, Mauritania, Niger, Nigeria, Senegal, and Sudan.