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AfDB approves €72 million loan for radical upgrade of Tunisia’s digital capability
10-Nov-2017 - The Board of the African Development Bank Group has approved a loan of €71.56 million to support the implementation of ‘Digital Tunisia 2020’ National Strategic Plan. The Tunisian government is contributing €63.4 million, bringing the total cost of the project to €134.96 million.AfDB approves US$ 172 million financial package to Nedbank
09-Nov-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 172-million financial package to Nedbank Group Limited of South Africa, to finance local and continental businesses. The package comprises of a ZAR 2-billion subordinated loan and a US$ 30 million unfunded Risk Participating Agreement (RPA) facility to benefit African issuing banks in 20 Regional Member Countries (RMCs).
East Africa Gas Competence Seminar and Investment Roundtable, Dar es Salaam, Tanzania
09-Nov-2017 - The African Natural Resources Center of the African Development Bank (AfDB) is organising the East Africa gas competence seminar and investment roundtable in Dar es Salam, Tanzania on 9 and 10 November. The Seminar will gather around 60 government officials and experts from petroleum ministries, entrepreneurs and representatives of gas companies and related private sector industries from Angola, Mozambique, Rwanda, Tanzania and Uganda.SEFA to support the development of a Biomass-to-Power plant in South Africa
09-Nov-2017 - The Sustainable Energy Fund for Africa (SEFA) has approved US$990,000 to eThala Management Services, to support the development of a 10-MW Biomass-to-Power plant to be located in Harding, 200 km south of Durban in the KwaZulu Natal Province of South Africa.Power Sector Leadership Workshop on Governance and Loss Reduction
09-Nov-2017 - The Power Systems Development Department (PESD) of the African Development Bank (AfDB) and the Association of Power Utilities of Africa (APUA) will co-organize a Workshop on «Power Sector Leadership on Governance and Loss Reduction» on 9 and 10 November 2017, in the CCIA building, Abidjan, Côte d’Ivoire. The forum will enable the Decision-Makers to share useful knowledges and inputs that can help improve their companies’ performance, supervisory systems and the sector’s feasibility. Moreover, the forum aims at:
Kaberuka makes a call for individual contributions in fight against Ebola
08-Nov-2017 - The Ebola scourge should not be taken as a problem affecting individual countries, but should be taken on by each and every African, Donald Kaberuka, President of the African Development Bank Group, said Saturday at the African Union Headquarters in Addis Ababa, Ethiopia. Kaberuka was addressing over 60 entrepreneurs on November 8 at the Business Roundtable organized by the AfDB and the African Union. Ebola has so far claimed over 4,900 lives in Guinea, Sierra Leone and Liberia, and has over the last few months halted the countries’...
AfDB Holds Fashionomics Africa Masterclass at Lagos Fashion and Design Week 2017
08-Nov-2017 - The African Development Bank (AfDB) under the leadership of the Department of Gender, Women and Civil Society (CSO), and in partnership with the Lagos Fashion and Design Week (LFDW), Hivos International and Google Africa conducted the Fashionomics Africa Masterclass on October 27th and 28th 2017. The training module, entitled Disrupt!FASHION! was designed and facilitated by Hivos International together with AfDB; and took place alongside the LFDW at EKO Atlantic City in Lagos.African Development Bank approves its second Climate Change Action Plan for 2016-2020
08-Nov-2017 - The Boards of Directors of the African Development Bank Group (AfDB), on Wednesday, 8 November 2017, approved the Africa Thriving and Resilient: The Bank Group’s Second Climate Change Action Plan, 2016-2020 (CCAP2). The approval of this document is propitious as it echoes the on-going discussions at COP23 in Bonn, Germany to strengthen the global response to the threat of climate change and achieve the Paris Agreement’s goal of keeping global temperature rises to 1.5C.AfDB Group approves €98m loans and €17m partial risk guarantee for Air Côte d’Ivoire program to boost regional aviation industry and open up new markets
08-Nov-2017 - The AfDB Group's Board of Directors has approved a total AfDB loan of €98.06 million to finance a program of the regional airline, Air Côte d’Ivoire (ACI) to modernize and expand its operations. The loan consists of a €51.16 million sovereign loan, a €42.64 million private sector loan, and an African Development Fund (ADF) loan of €4.26 million.
African Development Bank and Green Climate Fund in full-scale partnership to unlock Africa’s potential
08-Nov-2017 - If the fight against climate change is not won in Africa, it cannot be won anywhere else, said Akinwumi Adesina, President of the African Development Bank (AfDB) while signing a partnership agreement with the Green Climate Fund. “Only by defeating the climate change threat in Africa can we reach a global solution,” Adesina said. He called on AfDB and GCF to “work together to win this war,” while signing an Accreditation Master Agreement (AMA). These legal arrangements allow Accredited Entities such as AfDB to implement GCF-approved projects.
« J’ajoute ma voix à l’ultime appel contre le problème de la faim et de la malnutrition dans le monde », déclare, à Abidjan, le président de la BAD, lauréat 2017 du Prix mondial de l’alimentation
07-Nov-2017 - Le président du Groupe de la Banque africaine de développement (BAD) et membre de haut niveau du groupe principal du Mouvement « Scaling Up Nutrition » ou SUN, Akinwumi Adesina, a réaffirmé mardi 7 novembre 2017, à Abidjan, son soutien total et celui de son institution à la lutte contre la malnutrition.
AfDB President will take an active part in the SUN Movement Global GATHERING in Abidjan beginning Tuesday
07-Nov-2017 - Dr Akinwumi Adesina, African development Bank (AfDB)’s President and member of the Lead Group of the Scaling Up Nutrition (SUN) Movement will take an active part in the Sun Movement Global Gathering (SUNGG) in Abidjan, Cote d’Ivoire, starting Tuesday. For the first time, the SUNGG will take place in a SUN Country from 7-9 November, 2017 at the Sofitel hotel Ivoire.
AfDB and Kenya - Thika Highway continues to impact Kenyan lives five years on
07-Nov-2017 - The long-standing partnership between the African Development Bank (AfDB) and the Government of Kenya to promote inclusive and sustainable economic growth has produced excellent results. One of the most prominent fruits of this partnership is the eight-lane ultra-modern expressway which most Kenyans affectionately refer to as the “Nairobi–Thika Superhighway”.Gouvernance économique : la BAD accorde un prêt de 20 millions d’euros au Cap-Vert
07-Nov-2017 - Le Groupe de la Banque africaine de développement (BAD) et le gouvernement du Cap Vert ont signé, lundi 6 novembre 2017 à Abidjan, un accord de prêt de 20 millions d’euros destiné à renforcer l’économie du pays, à travers la mise en œuvre du Programme d’appui à la croissance économique (PACE II).
COP23: The African Development Bank at the world climate conference
06-Nov-2017 - A delegation of experts from the African Development Bank (AfDB) will be attending the 23rd Conference of the Parties (COP23) of the United Nations Framework Convention on Climate Change (UNFCCC), from 6 to 17 November 2017, in Bonn, Germany. The meeting will bring together some 15 to 20 thousand delegates from the globe. AfDB, speaking in the interest of Africa on the international sceneAfDB salutes Nigeria’s laudable efforts on economic recovery and diversification
06-Nov-2017 - Nigeria's House of Representatives has constituted a Tactical Committee on Economic Recession to guide innovative legislative actions by the House and the National Assembly to return the economy to a path of growth and stability. In this regard, the committee is holding a summit in the nation’s capital, Abuja, on 6 and 7 November 2017
Eritrea: AfDB supports inclusive growth through agriculture and infrastructure development
06-Nov-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved the institution’s intervention strategy in Eritrea for 2017-2019. The Interim Country Strategy Paper (I-CSP) supports the Government’s National Development Plan (2014-2018) for the country’s economic and social development through agricultural transformation.AfDB and NORAD’s evaluation departments host third knowledge event on Private Sector Development
03-Nov-2017 - More than 70 representatives of the private sector, governments, multilateral agencies, regional and sub-regional development banks, development institutions, academia, civil society, and the media in Africa met in Pretoria, South Africa from 30 to 31 October 2017 to participate in a knowledge sharing event hosted by the Independent Development Evaluation (IDEV) of the African Development Bank and the Evaluation Department at Norad (NoradDev).Tunisie : un prêt de 122 millions d’euros de la BAD pour favoriser un développement régional inclusif
03-Nov-2017 - Le Conseil d'administration du Groupe la Banque africaine de développement (BAD) a approuvé, ce vendredi 3 novembre 2017, un prêt de 122 millions d’euros à la Tunisie, destiné à financer la deuxième phase du Programme d’appui au développement régional inclusif (PADRI-II). La BAD avait déjà financé la première phase de ce programme en 2016.