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Egypt: African Development Bank approves $22 million to expand leasing financing to corporates and SMEs
29-Jan-2020 - The Board of Directors of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company (Corplease) expand its operations in the North African country. The decision signaled confidence in a burgeoning local market and in the Egyptian economy as a whole. The Bank will mobilize $7 million of the $22 million from the Africa Growing Together Fund (AGTF), a co-financing fund, established with the People’s Bank of China.‘Agriculture is the most important business in the world,’ African Development Bank President Akinwumi Adesina tells students
29-Jan-2020 - African Development Bank President Akinwumi Adesina reminded students of the important role they have to play in the continent’s economic development, as he was conferred with an honorary doctorate in his homeland. The Doctorate of Science was awarded by the Federal University of Agriculture in Abeokuta, Nigeria, on Tuesday, in honor of Adesina’s work in agriculture and food security across the continent.
Africa Fertilizer Financing Mechanism Governing Council calls for more investments in Africa’s fertilizer value chain
28-Jan-2020 - The Africa Fertilizer Financing Mechanism’s Governing Council closed its eighth meeting with a call for increased investment to boost agricultural yields and build the industry across the continent.La Banque africaine de développement évalue son action en République de Guinée (Conakry) et présente ses perspectives pour 2020
28-Jan-2020 - QUOI ? Conférence de presse sur le bilan des activités 2019 et les perspectives 2020 QUI ? La Banque africaine de développement QUAND ? Mercredi 19 février 2020 à 9h OÙ ? Bureau Pays Guinée – Cité des Nations, Villas n°3 et n°4, Boulbinet, Kaloum.The United Kingdom reaffirms its commitment to Africa’s economic transformation
28-Jan-2020 - The United Kingdom is the top donor to the African Development Fund (ADF), the Bank’s concessional lending arm for its next three-year cycle, ADF-15 (2020 – 2022), a position it has held for the last three replenishments.La Banque africaine de développement évalue son action en République de Guinée (Conakry) et présente ses perspectives pour 2020
28-Jan-2020 - QUOI ? Conférence de presse sur le bilan des activités 2019 et les perspectives 2020 QUI ? La Banque africaine de développement QUAND ? Mercredi 19 février 2020 à 9h OÙ ? Bureau Pays Guinée – Cité des Nations, Villas n°3 et n°4, Boulbinet, Kaloum.AfDB and ICRC meet to discuss implementation of new impactful partnership
27-Jan-2020 - The African Development Bank held talks with International Committee of the Red Cross (ICRC) Vice-President Gilles Carbonnier at the Bank’s headquarters in Abidjan on furthering their shared development goals. The main purpose of the meeting, held on 20 January, was to discuss collaboration between the institutions and share the progress made since the signing of a Bank-ICRC memorandum of understanding to explore partnership opportunities.
NSO Policy Interviews: KODEIJA DIALLO, directrice du Département d’appui aux opérations non-souveraines et au secteur privé de la Banque africaine de développement
24-Jan-2020 - La directrice du Département d’appui aux opérations non-souveraines et au secteur privé de la Banque africaine de développement fait le point sur la politique en direction du secteur privé et parle du secteur dit informel. Comment la Banque pourrait-elle accompagner les organisations mal structurées ?
The 3rd Rural Water Supply and Sanitation Initiative Forum
24-Jan-2020 - What: The 3rd Rural Water Supply and Sanitation Initiative Forum When: 24 to 26 March 2020 Where: Kigali, Rwanda The Water Development and Sanitation Department of the African Development Bank cordially invites you to the 3rd Rural Water Supply and Sanitation Initiative Forum, hosted by the Government of Rwanda from 24 to 26 March 2020.The third review of the independent review mechanism launched
23-Jan-2020 - The third review of the Independent Review Mechanism (IRM) of the African Development Bank Group started in December 2019 and will run until January 2021. An international and independent firm called Savanas E Enseadas LDA was selected to conduct this assignment through a competitive bidding process.
Zimbabwe: African Development Bank Group approves grant for disaster risk management training
23-Jan-2020 - The Board of the African Development Fund (ADF) on Wednesday approved a $685,000 grant to strengthen Zimbabwe’s capacity to manage disaster risks, including droughts, floods and tropical cyclones, through the Bank’s Africa Disaster Risk Financing (ADRiFi) programme.
African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange
23-Jan-2020 - Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place for accelerating investment into the continent is playing a valuable role in convening investors and corporates and removing the bottlenecks to investments and enabling a free flow of long-term capital.
Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges UK investors
21-Jan-2020 - Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the 21st century is new and more confident,” he said. The Symposium was co-organized by the All-Party Parliamentary Group for Africa with the Royal African Society, Oxford Brookes University, and the Trade Justice Network under the theme UK-Africa...ACCF grants $4.7m to support projects in African countries
21-Jan-2020 - The Africa Climate Change Fund (ACCF) recently approved seven new project proposals amounting to around $4.7 million.African Development Bank to host first Global Environmental Facility AFLDC-2 regional workshop
21-Jan-2020 - WHAT: Regional consultation workshop WHEN: 20 - 21 January, 2020 WHERE: Abidjan, Cote d’Ivoire
British Prime Minister, African leaders urge investors to accelerate economic role on the continent
20-Jan-2020 - UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President El Sisi of Egypt, British Prime Minister Boris Johnson made the case for bigger investments in Africa and called for increased and renewed partnership between the UK and Africa.African Development Bank's Akinwumi Adesina heads to UK-Africa investment summit: Revitalizing economic ties top of agenda
17-Jan-2020 - New opportunities for bi-lateral trade and increasing UK investor appetite in Africa will be the main focus of the UK-Africa summit, convened by Prime Minister Boris Johnson, on January 20th. African Development Bank President Akinwumi Adesina is expected in London for the milestone investment summit aimed at forging new partnerships under the theme: ‘Partners for prosperity.’
The African Development Bank signs €6 million grant for São Tomé and Principe
16-Jan-2020 - The African Development Bank on Wednesday signed a €6.18 million grant in budgetary support to the Democratic Republic of São Tomé and Principe. The agreement was signed at the Bank’s headquarters in Abidjan, Côte d'Ivoire, by Osvaldo Vaz, Minister of Planning, Finance and the Blue Economy of São Tomé and Principe and by Khaled Sherif, Vice President for regional development, integration and service delivery. The Bank approved the budgetary support to São Tomé and Principe on 8 January 2020 under its programme to support economic reform and...