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18-Oct-2019 - Rwanda is preparing to welcome women from all over the world for the first Global Gender Summit to be held in Africa. At a press conference on 18 October in the capital Kigali, the organizers laid out plans for the event. “We believe that GGS 2019 will be an opportunity to share best practices from all participants so that we accelerate progress on gender equality and women’s empowerment in Africa and around the world,” said Rwanda’s Minister of Gender and Family Promotion, Soline Nyirahabimana.
Angola: African Development Bank approves $1 million grant to children’s food and nutrition security programs18-Oct-2019 - The African Development Bank has approved a grant of $1 million to boost a children’s food and nutrition security program in Bié province in Angola. The resources are from a special relief fund to the government of Angola, in response to a prevailing drought that has caused severe malnutrition. The grant was approved on 23 September.
World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators18-Oct-2019 - The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies.
18-Oct-2019 - The African Development Bank on Thursday signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in francophone West Africa. The Bank Group’s board of directors approved the investment in March as part of its commitment to grow SMEs and improve livelihoods in countries underserved by the global equity market.
Prepare for the agriculture of tomorrow, African Development Bank President challenges high school students at global symposium17-Oct-2019 - Young people from around the world gathered in Des Moines Iowa at the Global Youth Institute on Thursday to interact with Nobel and World Food Prize laureates. This year, 450 exceptional high school students from 10 countries attended the three-day Global Youth Institute hosted by the World Food Prize Foundation to facilitate discussion on pressing food security and agricultural issues.
17-Oct-2019 - In just a few weeks, the second edition of the annual Africa Investment Forum will kick off in Johannesburg, South Africa, with development finance institutions determined to tackle the continent’s infrastructure investment challenges and advance Africa’s economic transformation agenda. Africa Investment Forum 2018 broke the mold for regional investments and offered lessons about what can be done when multilateral development and finance institutions decide to pull their resources together to deliver as one.
Creating Africa’s next generation of development experts: African Development Bank calls on young professionals to join its ranks17-Oct-2019 - The African Development Bank has issued a call to young people who are interested in joining the continent’s premier finance institution. The Bank has opened applications for its Young Professionals Program, which offers a unique opportunity to young people with a passion for development to participate in offering lasting solutions to social, economic and environmental challenges.
Tunisie : la Banque africaine de développement accorde 138 millions d’euros à la STEG pour le réseau d’électricité et les énergies renouvelables15-Oct-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, le jeudi 9 octobre, un financement total de 138 millions d’euros en faveur de la Société tunisienne d’électricité et gaz (STEG) afin de mettre en œuvre le projet d’aménagement et d’équipement du réseau de transport d’électricité (PAERTE). Ce financement comprend un prêt de la Banque de 108 millions d’euros et des ressources mobilisées auprès du fonds « Africa Growing Together Fund » (AGTF), d’un montant de 30 millions d’euros.
Infrastructures agricoles : La Banque africaine de développement accompagne le Gabon pour changer la donne15-Oct-2019 - La Banque africaine de développement a assuré le Gabon de son plein soutien au Projet d’Appui au Programme GRAINE phase 1 (PAPG 1) lors d’une cérémonie vendredi 4 octobre dernier à Libreville, en apportant notamment des financements économiques et sociaux dans les domaines de l’eau, l’électricité, la santé ainsi que des infrastructures agricoles.
15-Oct-2019 - More than 30 U.S pension fund managers, private sector CEOs and institutional investors have signaled their strong interest in participating in the second Africa Investment Forum, scheduled to take place from 11-13 November 2019, in Johannesburg, South Africa. The Africa Investment Forum is an innovative investment marketplace spearheaded by the African Development Bank to attract capital for investment on the African continent.
African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa14-Oct-2019 - The African Development Bank, in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa.
14-Oct-2019 - The African Development Bank, in partnership with the Government of Madagascar and the African Risk Capacity (ARC), has launched the Africa Disaster Risks Financing Programme (ADRiFi) in Madagascar. ADRiFi is intended to strengthen Madagascar’s country's resilience and increase its capacity to manage climate-related disasters. Over the next five years it will also strengthen the country's capacity to evaluate disaster risk and provide early warning systems and contingency plans.
14-Oct-2019 - Quoi : lancement de la Masterclass Fashionomics Africa Quand : Du 16 au 17 octobre 2019 Qui : La Banque Africaine de Développement, Département du Genre, Femmes et Société civile Lieu : i-Hub, Cocody, Riviera 3, Abidjan Côte d’Ivoire Heures : 16 octobre : de 8h30 à 18h00 --- 17 octobre : de 8h30 à 12h30
11-Oct-2019 - The African Development Bank Group on 9 October, 2019 approved an African Development Fund (ADF) grant of $30 million and a $1.3 million grant from the Rural Water Supply and Sanitation Initiative Trust Fund for the upgrading of water and sanitation facilities in Sudan’s North and South Kordofan states. The project will improve livelihoods and build resilience against climate change in the two states, including nomadic communities, by enhancing reliability of water and sanitation services and enhancing the public health system to benefit some...
African Development Bank, Government Pension Investment Fund, partner for green, social and sustainability bond markets11-Oct-2019 - The African Development Bank and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in the global capital markets. The collaboration between the Bank and GPIF will focus on channeling investments towards inclusive and sustainable growth in Africa, contributing to the achievement of the Sustainable Development Goals. The agreement was signed 30th September 2019.
11-Oct-2019 - 'I am delighted and proud that Prime Minister Abiy Ahmed has been awarded the Nobel Peace Prize. He deserves it for his boldness and resolve to break with the past and build bridges that foster lasting peace. His remarkable leadership will help to bring security and prosperity to the entire Horn of Africa. The African Development Bank congratulates Prime Minister Ahmed and will wholeheartedly support initiatives to help the region achieve its objectives.”
First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank10-Oct-2019 - First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized by the African Development Bank. The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions using an innovative mix of photovoltaic systems.
Equatorial Guinea signs Lusophone Compact: new milestone in initiative to accelerate sustainable private sector development10-Oct-2019 - The African Development Bank and the governments of Equatorial Guinea and Portugal have signed a country-specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa, known as PALOPs. Equatorial Guinea is the sixth and final PALOP country to sign the Compact after Angola, Cabo Verde, Guinea-Bissau, Mozambique and São Tomé and Príncipe.
10-Oct-2019 - A Senegalese government delegation, led by the country’s Minister of Water and Sanitation, His Excellency Serigne Mbaye Thiam, briefed the African Development Bank on Senegal’s preparations to host the World Water Forum in Dakar in March 2021. Minister Thiam met with the Bank’s Vice President for Agriculture, Human, and Social Development, Jennifer Blanke, and her senior management team on 8 October to discuss the Bank’s participation in the event’s organization and delivery.
09-Oct-2019 - Key stakeholders in West Africa’s fertilizer sector are calling for more action to support the industry, which is central to the continent’s agricultural revolution. The call came out of the first West Africa Fertilizer Financing Forum, organized by the African Fertilizer Financing Mechanism and partners, and held at the African Development Bank in Abidjan on 30 September and 1 October.