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AU Ambassadors reflect on resource mobilization for NEPAD IPPF Special Fund
17-Nov-2017 - African Ambassadors accredited to the African Union (AU) met at the AU Headquarters in Addis Ababa, Ethiopia on Friday, November 17, 2017 for a consultative meeting on resource mobilization for the Special Fund of the New Partnership for Africa’s Development responsible for Infrastructure Project Preparation (NEPAD-IPPF).
Tanzania case study examines impact of hosting refugees over long and short term
17-Nov-2017 - Receiving large numbers of refugees has a significant impact on human capital in the host country and especially on education and youth employment. This is the conclusion of a study entitled “The consequences for human capital of hosting refugees: Kagera case study”, presented on Tuesday, November 14, 2017 at the headquarters of the African Development Bank (AfDB) in Abidjan by Maryam Naghsh Nejad of the Institute of Labour Economics (IZA), in Bonn, Germany.Rwanda-AfDB: Board Approves US$ 171 Million Loans for Water and Sanitation Programme
17-Nov-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved two loans amounting to US$ 171 million to finance Rwanda’s Sustainable Water Supply and Sanitation Program. The program is designed to improve the quality of life and socio-economic development of the country by ensuring equitable provision of adequate, reliable and sustainable water and sanitation services for targeted cities with a view to promote economic growth and transformation.AfDB issues 2.125% US$ 2 Billion Global Benchmark due 16 November 2022
16-Nov-2017 - On Wednesday, November 8, 2017, the African Development Bank (AfDB), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new US$ 2 billion 5-year Global benchmark transaction due 16 November 2022. The new 5-year US$ benchmark issue: - is AfDB’s second US$ Global benchmark this year (following the very successful US$2.5bn 3-year issued back in March) and the largest 5-year US$ benchmark to date from the issuer; - brings a new liquid and on-the-run reference on the 5-year point and extends AfDB’s outstanding US$ curve;La BAD accorde un prêt de 300 millions d’euros pour soutenir les réformes économiques au Gabon
16-Nov-2017 - Le Groupe de la Banque africaine de développement (BAD) et le gouvernement gabonais ont signé, vendredi 10 novembre 2017 à Abidjan, un accord de prêt de 300 millions d’euros destiné à renforcer l’économie du pays, à travers la mise en œuvre du Programme d’appui à la réforme économique et financière (PAREF-II).
African Governments and Off-Grid Energy Industry take steps to accelerate progress towards Universal Energy Access
16-Nov-2017 - At the first edition of the Off-Grid Government-Industry Dialogue (OGID) Day on 24 October 2017 in Abidjan, 80 representatives of African governments and practitioners from the off-grid energy industry discussed the vital role of off-grid energy solutions in delivering universal energy access across Africa.
Fighting climate change in Africa: AfDB launches Africa NDC Hub with 10 partners
16-Nov-2017 - Africa Day, held on 15 November within COP23 in Bonn, was the springboard for the official launch of Africa NDC Hub, the African Platform for Nationally Determined Contributions (NDCs).COP23: Improving livelihoods through regional cooperation
15-Nov-2017 - A panel discussion on “Providing NEXUS Solutions: Improving Livelihoods through Regional Cooperation” was held Wednesday, November 15 during the UN Climate Summit (COP23) in Bonn. Organized by the African Regional Sustainable Energy Centres in collaboration with UNIDO and hosted by the International Renewable Energy Agency (IRENA), the session addressed the urgent need of channeling regional cooperation towards a stronger NEXUS approach.
Africa Day at COP23
15-Nov-2017 - On Wednesday, 15 November 2017, COP23 will celebrate Africa Day, a joint initiative of the African Development Bank (AfDB), the African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA) and the New Partnership for Africa's Development (NEPAD).
“Africa is now the place to be”: In Portugal, AfDB President calls for partnerships to accelerate development
14-Nov-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for more partnerships to accelerate development of the African continent. “Africa is now the place to be,” he told businessmen and representatives of the Portuguese private sector, during a roundtable co-chaired with Teresa Ribeiro, Portugal’s State Secretary in charge of Foreign Affairs and Cooperation and Vice-Governor of Portugal to the AfDB and the African Development Fund.
COP23: Innovations in Disaster Risk Financing for Africa
13-Nov-2017 - A joint workshop organized by the African Development Bank, African Union Commission and the African Risk Capacity (ARC) was held on Sunday, November 12, 2017 to discuss “Innovations in Disaster Risk Financing for Africa” as part of a series of Policy Dialogues during the UNFCCC COP23, Bonn, Germany.Global Water and Climate Action Day at COP23
13-Nov-2017 - Water and climate go hand-in-hand. Water resources bear the full brunt of the effects of climate change. Water and climate are inseparable
COP23: Update on the AfDB’s Climate Actions 2017
13-Nov-2017 - A panel on the African Development Bank’s Climate Actions in 2017 was held on Sunday, November 12, as a pre-forum of the COP23 Nationally Determined Contributions (NDC) Partnership Forum at Deutsche Welle in Bonn, Germany. The event was designed to update stakeholders on the Bank’s activities and achievements in the climate change space in 2017 as well as to inform stakeholders of some exciting new initiatives.Le président de la BAD se rend lundi au Portugal pour une visite officielle de deux jours
13-Nov-2017 - Le président de la Banque africaine de développement (BAD), Akinwumi Adesina, se rendra lundi 13 novembre 2017 à Lisbonne, au Portugal, pour une visite officielle de 48 heures destinée à renforcer le partenariat bilatéral entre son institution et le pays hôte. Au cours de son séjour, Ankinwumi Adesina aura des échanges approfondis avec ses interlocuteurs sur la stratégie décennale de la Banque, notamment ses cinq priorités appelées High 5, sur la coopération entre le Portugal et les Etats africains ainsi que d’autres enjeux de développement.
COP23: Unblocking investment into climate resilience
13-Nov-2017 - The roundtable “Unblocking investment in climate resilience”, held on Monday, November 13 at the UN Climate Conference (COP23) in Bonn, brought together 40 CEOs, Ministers and Heads of organizations to examine the major barriers and opportunities for increasing the volume of investment into climate resilience in developing countries.Spotlight on “Water for Africa”, the new African water initiative launched with AfDB support
13-Nov-2017 - On Saturday, November 11, 2017, the day after the Global Water Action Day that marked the fourth day of COP23, the “Water for Africa” initiative was the subject of a presentation in the Morocco Pavilion, open to civil society organizations.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.
COP23 - Is sustainable land and water management compatible with small-scale farming under climate change?
10-Nov-2017 - During a panel discussion on “The Land and Water Advantage: Is sustainable land and water management compatible with small-scale farming under climate change?” at the ongoing United Nations Climate Change Conference (COP23) in Bonn, participants from different organizations met to discuss how to transform agricultural development in the face of climate change.AfDB approves US$ 25 million to Zambia National Building Society
10-Nov-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 25 million in Kwacha equivalent to Zambia National Building Society (ZNBS).