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Intra-African trade is key to sustainable development – African Economic Outlook
23-May-2017 - Trade between African countries has the greatest potential for building sustainable economic development and integration, says African Economic Outlook 2017, a flagship report of the African Development Bank released in Ahmedabad on Day 1 of its 52nd Annual Meetings, which commenced on Monday in the Indian city.
AfDB agri-business funding lays strong foundation for transforming African agriculture
23-May-2017 - The African Development Bank (AfDB) has provided a roadmap to the growth of agriculture in African countries with a plan to inject nearly US $2.4 billion every year for 10 years to build roads, irrigation infrastructure and storage facilities within Africa to attract high-value investors. AfDB President Akinwumi Adesina says the Bank has embarked on a comprehensive programme to provide financial guarantees to farmers as well as investing large amounts of resources to build rural feeder roads to connect farmlands within African countries to...AfDB approves US $20-million line of credit to the Development Bank of Rwanda
23-May-2017 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 17, 2017, a line of credit (LOC) amounting to US $20 million to the Development Bank of Rwanda (BRD) to finance projects or enterprises in various transformational sectors including in agriculture, energy and manufacturing, affordable housing and energy financing sectors, and aims to accelerate broad-based and sustainable economic transformation and poverty alleviation in Rwanda.US$ 829 Million Support from AfDB, Partners for Songwe River Basin Program
23-May-2017 - Malawi and Tanzania have agreed to work together for the development of the Songwe River Basin Program (SRBDP). This follows the signing of a Memorandum of Understanding between both parties at a ceremony held in Lilongwe, on May 18, 2017.
Promoting grey matter infrastructure is a game-changer in Africa’s development agenda
23-May-2017 - Developing Africa’s “grey matter infrastructure” through multi-sector investments in nutrition in Africa was a key focus Monday at the African Development Bank’s Annual Meetings in India.
Missing links to Indian-African trade and investment promotion identified
23-May-2017 - Experts at the 52nd African Development Bank Annual Meetings, which started Monday in Ahmedabad, India, have identified the missing links to building a strong trade and investment relationship that will lead to sustainable development in India and Africa.
Africa’s future lies in entrepreneurship and industrialization: 2017 African Economic Outlook
23-May-2017 - Africa needs to push for accelerated development by harnessing local resources to boost entrepreneurship and drive its industrialization. Participants at the 52nd Annual Meetings of the African Development Bank Group (AfDB) expressed this view at the release of the 2017 African Economic Outlook (AEO) on Monday, May 22, 2017 in Ahmedabad, India.AfDB and IFC agree to promote investments that benefit women in Africa
23-May-2017 - The African Development Bank Group and the International Finance Corporation signed a memorandum of understanding on Tuesday, May 22, 2017 in Ahmedabad, India, aimed at promoting investments that benefit women in Africa.
AfDB Annual Meetings open in Ahmedabad: Deliberations underscore win-win Africa-India cooperation
23-May-2017 - The 52nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 43rdMeetings of the Board of Governors of the African Development Fund (ADF) opened in Ahmedabad, India, on Tuesday, May 23, 2017 with calls for greater cooperation between the Bank and India to help drive Africa’s transformation.Financing African agriculture: persuading the private sector to commit fully
23-May-2017 - The question of financing African agriculture again featured at the heart of the programme on the second day of the Annual Meetings of the African Development Bank (AfDB). How can the private sector be persuaded to commit significantly in order to meet the need to finance African agriculture?Partenariat Afrique-Inde : écrire de nouveaux chapitres sous les auspices de la Banque africaine de développement
22-May-2017 - Entamées de longue date, les relations de partenariat entre l’Afrique et l’Inde sont au beau fixe. Mais le temps est venu d’en écrire de nouveaux chapitres, sous les auspices de la Banque africaine de développement (BAD).
Book launch: Beating the odds – tips for jump-starting developing countries
22-May-2017 - A book, highlighting pragmatic tips that “developing countries can follow to spark economic growth, without waiting for global actions”, was launched Monday, May 22, 2017 in Ahmedabad, India, on the first day of the 52nd Annual Meetings of the African Development Bank (AfDB) Group.
“The time for Africa is now – we can’t slow down, we must quicken the pace”: Adesina
22-May-2017 - India is the perfect place for the African Development Bank to focus on the transformative power of agriculture, Bank President Akinwumi Adesina has told the African, Indian and international press. “India is an inspiration to Africa, in that its Green Revolution took just three years. That was in large measure due to the power of political will,” he said Monday, “and you will see much political will on display here at the Bank Group’s Annual Meetings in Ahmedabad in the next few days.”
Unlock the potential of African entrepreneurs to accelerate Africa’s industrial transformation, says the African Economic Outlook 2017
22-May-2017 - African governments need to integrate entrepreneurship more fully into their industrialisation strategies, according to the African Economic Outlook (AEO) 2017 released Monday, May 22 at the African Development Bank Group’s 52nd Annual Meetings.
Launch of the African Economic Outlook 2017
22-May-2017 - The African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP) will release their joint African Economic Outlook (AEO) 2017 Report on Monday 22 May 2017. The flagship report will be presented on the first day of the 52nd AfDB Annual Meetings which will take place from May 22-26 in Ahmedabad, India.
2017 African Development Bank Annual Meetings: “Transforming Agriculture for Wealth Creation in Africa”
21-May-2017 - The 2017 Annual Meetingsof the African Development Bank (AfDB) Group will be held on May 22-26, 2017 in Ahmedabad, India. The Annual Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage. In addition to the Annual Meeting of the Board of Governors, which constitutes the core purpose of the gathering, these Annual Meetings will bring together thousands of delegates and participants, and will feature a number of official, knowledge and side events.
“Shared opportunities and deepening partnership”: AfDB President sees bright future for Africa and India
21-May-2017 - “Africa-India trade rose five-fold in the last decade and is forecast to double – to US $100 billion – by 2018,” African Development Bank President Akinwumi Adesina said Saturday. Africa and India have development journeys to share, Adesina said, and huge opportunities to explore together, not least in harnessing solar power to promote economic growth, and sharing the know-how of agricultural transformation.
Africans moved more freely in 2016, according to second Africa Visa Openness Index
19-May-2017 - The African Development Bank, in collaboration with the African Union Commission and the World Economic Forum, launched on Friday, May 19, 2017, the second edition of the Africa Visa Openness Index, ahead of the Bank’s Annual Meetings in Ahmedabad, India.AfDB holds workshop on COMESA Time Release Study Report in Zambia
18-May-2017 - The African Development Bank and the Secretariat of the Common Market for Eastern and Southern Africa (COMESA) held a workshop for validation of the COMESA Time Release Study (TRS) Report on May 24 and 25, 2017 in Lusaka, Zambia.