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Tunisie : 120 millions d’euros de la Banque africaine de développement pour moderniser le secteur financier
16-May-2019 - Le Conseil d’administration de la Banque africaine de développement a approuvé un financement de 120 millions d’euros pour mettre en œuvre la seconde phase du Programme d’appui à la modernisation du secteur financier (PAMSFI II) en Tunisie. A travers l’appui au secteur financier dans son rôle de financement de l’économie, en faveur notamment des populations et acteurs économiques vulnérables, cette opération a pour but de favoriser les conditions nécessaires pour une croissance économique forte, résiliente et inclusive.African Legal Support Facility partners Utility CEOs Forum
16-May-2019 - The African Legal Support Facility (ALSF), hosted by the African Development Bank, has been named the official partner of the seventh Utility CEOs Forum in Cape Town, South Africa. The Forum opened this week on the side-lines of Africa Utility Week. It entailed closed-door meetings, facilitated under Chatham House Rules. It was designed to foster dialogue through confidentiality and trust, enabling the utility heads to address pertinent industry challenges.
Malawi: Increasing Access to Higher Education through investment in Modern Open & Distance Learning
16-May-2019 - Mzuzu is the third city of Malawi, approximately 350 km north of Lilongwe, the capital. It is known for holding one of the oldest universities in the country: the Mzuzu Univeristy (MZUNI), established in 1997.Le président de la Banque africaine de développement en déplacement au Tchad pour renforcer le partenariat
15-May-2019 - Le président de la Banque africaine de développement, Akinwumi Adesina, poursuit sa tournée en Afrique centrale par une visite officielle au Tchad, les 16 et 17 mai, afin de renforcer le partenariat de la Banque avec le pays de « Toumaï », qui signifie « espoir de vie » en langue gorane. Ce déplacement a pour objet de passer en revue les différents volets de cette coopération et d’explorer ses perspectives de développement.
African Development Bank hosts first-ever pan-African dialogue on achieving climate change goals for adaptation and mitigation
15-May-2019 - While Africa enjoys unprecedented economic development and strong demographic and urban growth, large parts of the continent are also highly vulnerable and already face the dramatic consequences of climate change. Local governments, civil society and the youth are getting increasingly vocal, asking more commitment at all levels to fight climate change. This makes Africa a key player in the global challenge to meet goals set in the Paris Agreement to cut greenhouse gases (GHG) emissions and to adapt to climate change. Across the region, cities...
Burkina Faso: African Development Bank welcomes new nutrition champion, President Kaboré
15-May-2019 - The African Development Bank will this week welcome a new African Leaders for Nutrition (ALN) champion. A Bank mission is visiting Burkina Faso from 14 to 17 May 2019 to induct President Roch Marc Christian Kaboré into the ALN. The mission will use the occasion to present ALN’s progress and agree on a common nutrition roadmap for 2019-2020. The mission will be led by Oley Dibba-Wadda, director of human capital, youth and skills development.Kenya: African Development Bank approves EUR 90 million to support the Kenya Mortgage Refinance Company
15-May-2019 - The Board of the African Development Bank on 15 May 2019 approved a EUR 90 million loan to support the establishment of the Kenya Mortgage Refinance Company (KMRC) to aid access to affordable mortgage loans by lower and middle income households. KMRC is a non-Bank financial institution designed to provide long-term funding and capital market access to local lenders, including commercial banks, and Savings and Credit Cooperative Organizations to help consolidate the East African nation’s growing domestic mortgage finance market.
Africa’s Digital Economy poised to explode as regional integration opens new markets
15-May-2019 - With Africa’s digital economy taking off exponentially, the continent must ready itself to maximize the potential dividends of the Continental Free Trade Area agreement, panel members told a packed auditorium in Kigali at the opening of Transform Africa Summit 2019 on Tuesday. Key to this effort will be connectivity, data and digitization and innovation among others, conference attendees heard.
Congo: African Development Bank President Akinwumi Adesina ends visit, reaffirming stronger ties and increased support
14-May-2019 - African Development Bank President Akinwumi Adesina completed a three-day visit to the Republic of Congo on 12 May 2019, reaffirming the Bank's strong partnership with the Central African country. At a meeting with Congolese President Denis Sassou-Nguesso in his hometown, Oyo, some 460 km from the capital, Brazzaville, Adesina declared the Bank’s support for the country’s development plans.
La République centrafricaine reçoit le soutien de la Banque africaine de développement dans ses efforts de relance économique
14-May-2019 - Le président de la Banque africaine de développement, Akinwumi Adesina, a affirmé le soutien de l’institution aux efforts de relance économique de la République centrafricaine (RCA) lors d’un entretien, dimanche 12 mai 2019 à Bangui, avec le président Faustin-Archange Touadéra.
Mozambique: African Development Bank comes through with climate risk insurance solutions post cyclone
13-May-2019 - Following the devastating cyclones, Idai and Kenneth, which hit the central and northern parts of Mozambique, its government requested support from the African Development Bank for long-term assistance on the management of climate disasters. A high-level mission led by Atsuko Toda, Director of the Department of Agriculture, Finance and Rural Development visited Maputo, Mozambique, from 28th to 29th of April – the second mission by the Bank to the nation in the same month.
Global partners announce $61.8 million allocation to boost African Development Bank initiative for women entrepreneurs
13-May-2019 - The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program. We-Fi is a partnership among 14 donor governments, eight multilateral development banks, and other public and private sector stakeholders, established in October 2017 and hosted by the World Bank Group.
African Development Bank hosts workshop on preventing road accidents and fatalities in Africa
13-May-2019 - Growing vehicle ownership and rapid urbanization have increased the incidence of road accidents in Africa. Nearly 50% of the victims are pedestrians, cyclists or motorcyclists, who are exposed to multiple hazards and often chaotic conditions on Africa’s roads. The grief and distress experienced due to the loss of life or injury could be prevented by systematic and appropriate solutions from governments and societies.UN, African Development Bank, Encourage African countries to join UN international water management body
09-May-2019 - The African Development Bank and the United Nations Water Convention have agreed to jointly encourage African countries to join the UN water management organization to promote integrated and sustainable management of surface and groundwater resources.ALSF Management Board reviews its activities ahead of African Development Bank 2019 Annual Meetings
08-May-2019 - The Management Board of the African Legal Support Facility (ALSF) has met to review progress made in 2018 and to assess the implementation of its projects. The Board considered key issues and events, which will be discussed further on the margins of the 2019 Annual Meetings of the African Development Bank Group, scheduled to take place next month in Malabo, Equatorial Guinea.
African Development Bank Civil Society Forum, partners, seek faster continental integration
08-May-2019 - Deeper engagement with civil society on development projects has resulted in acceptance of projects by communities and greater regional integration, but the pace must move faster, participants gathered for the opening of the African Development Banks’s Civil Society Forum heard Monday. In her welcome remarks, Jennifer Blanke, Vice President Agriculture, Human and Social Development Complex said the Bank was working with governments and the African Union to build the critical infrastructure for a faster realization of integration goals,...Ethiopia reaps rewards of tax policy reform, according to research from the African Development Bank
06-May-2019 - Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources. These findings were revealed at a workshop hosted by the African Development Bank and a high-level delegation from the Ethiopian government.
Tunisie : le président Béji Caïd Essebsi décore le président du Groupe de la Banque africaine de développement dans l’Ordre national du mérite
03-May-2019 - Le président de la République tunisienne, Béji Caïd Essebsi, a décoré, ce jour, le président du Groupe de la Banque africaine de développement, Akinwumi Adesina, dans l’Ordre national du mérite. « C’est pour moi un grand honneur et un privilège de recevoir cette haute distinction des mains du président Béji Caïd Essebsi », a déclaré Akinwumi Adesina à l’issue de son audience.
Nigeria: Investors say African Development Bank’s Special Agro-Industrial Processing Zones will drive agricultural revolution
02-May-2019 - Senior Nigerian government officials and key investors have endorsed the African Development Bank’s Special Agro-Industrial Processing Zones (SAPZ) initiative, describing it as a pathway to Africa’s agricultural revolution. SAPZs are designed to concentrate agro-processing activities within areas of high agricultural potential in order to increase productivity and competitiveness. The initiative will provide millions of youth and rural men and women with employment and entrepreneurship opportunities.