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African Development Bank marks Toilet Day with US$500 million commitment to new sanitation funding
21-Nov-2018 - As the African Development Bank joined the international community to observe World Toilet Day on November 19, the organization is putting considerable financial muscle into the global effort to improve toilets, and sanitation in general.African Development Bank Group approves US$123 million grant for Ethiopia’s Basic Services Transformation Programme
19-Nov-2018 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia’s Basic Services Transformation Programme in the form of a US$123- million grant.Kenya receives new €235 million loans from African Development Bank to complete Thwake dam
19-Nov-2018 - The African Development Bank's Board of Directors has approved two loans worth €235.763 million for the completion of construction work on Thwake dam on Thwake River in southern Kenya. This is a strategic water supply project for the large semi-arid area of Makueni County and surrounding regions, including the new technology city of Konza. The loans were approve on 14 November.Togo: Using toilets to fight cholera
19-Nov-2018 - Located 350 kilometres north of Lomé, Sokodé, the second-largest city in Togo, was the epicentre of three cholera outbreaks in 2013. That same year, the African Development Bank made a €1.15 million grant to the city through the African Water Facility, to fund the "Toilets for All in Sokodé" project.
Women Must Redesign the table, and not just expect to be at the table, says Graça Machel
16-Nov-2018 - Dame Graça Machel, one of Africa’s foremost advocates for the rights of women and children, has called on African women and policy makers to challenge gender inequality and inadequate female representation in the continent’s business and economic, political and policy space. “Africa’s socio-economic transformation will only be realized once we aggressively address gender-specific challenges, prioritize gender equality and women’s participation, and firmly entrench women in leadership positions at all levels in society,” Madam Machel remarked.
“Building a new Zimbabwe”, a flagship report launched by the African Development Bank to spark the country’s economic development
16-Nov-2018 - The African Development Bank (AfDB) has launched a flagship economic report on Zimbabwe, titled: “Building a new Zimbabwe: Targeted policies for growth and job creation” which aims to support renewal and transformation of the country.African Development Institute to host Women’s Rights advocate, Graca Machel, to deliver the 22nd Eminent Speakers’ Lecture Series on Friday, 16 November 2018
16-Nov-2018 - The African Development Institute will host Her Excellency, Graca Machel as the Special Guest Speaker of the institute’s Eminent Speakers’ Lecture Series on Friday, 16 November 2018. The lecture will begin at 2.15 pm in the Babacar N’diaye Auditorium of the African Development Bank headquarters in Abidjan, Cote d’Ivoire. Machel will speak on the topic: “Educating the Girl Child, Empowering Women, and Enhancing Female Entrepreneurship in Africa.”African Development Bank to play bigger role in African economies by investing in infrastructure private equity
16-Nov-2018 - The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM).Africa Investment Forum 2018: a new bold vision tilts capital flows into Africa
14-Nov-2018 - “Vision is the art of seeing what is invisible to others,” a saying goes. When African Development Bank President Akinwumi Adesina laid out his vision to tilt the flow of capital into Africa by convening the first transaction-based investment forum, many did not see what was coming ahead. One year down the road, the verdict is undisputed.Africa Investment Forum 2018: Use of blended finance as a tool for scaling up investment in Africa, on the rise
14-Nov-2018 - The use of blended finance as a tool to address risk perceptions and crowd in private investment to develop Africa and achieve the Sustainable Development Goals is on the rise, delegates at the recently concluded inaugural Africa Investment Forum agreed. Many global investors are still reluctant to invest in the African continent, a major reason why the African Development Bank established the Africa Investment Forum – an innovative marketplace dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial...
111 nouvelles start-up tunisiennes célébrées par Souk At-tanmia
14-Nov-2018 - La Banque africaine de développement a organisé la cérémonie d’annonce des lauréats de la troisième édition de Souk At-tanmia, un Partenariat qu’elle a initié et coordonné depuis 2012. Il s’agit de la troisième édition, qui a vu l’annonce officielle de111 projets lauréats, sélectionnés parmi près de 4500 candidats. L’évènement consacre l’esprit d’initiative et d’innovation en Tunisie, et s’inscrit dans le cadre des célébrations de la Semaine mondiale de l'entrepreneuriat, commémorée du 12 au 18 novembre 2018 dans plus de 170 pays.
Donors commend NEPAD-IPPF’s operational performances
14-Nov-2018 - The 28th NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF) Oversight Committee Meeting held at Sandton Sun Hotel, Sandton City, Johannesburg, South Africa on 5th November 2018, has commended the operational performances of the Facility. The meeting Chaired by Michael Andres Committee Chairman & Senior Project Manager at KfW Development Bank, brought together key players within the infrastructure sectors on the continent along with donor representatives who support the Special Fund.A-List Attendees throw weight behind Africa Investment Forum 2018
14-Nov-2018 - Heads of State, presidents of Development Finance Institutions (DFIs), global and regional investors, business moguls and other A-list attendees are lauding the recently concluded inaugural Africa Investment Forum as an unprecedented game changer for Africa. South Africa’s President Cyril Ramaphosa has described the Forum, convened by the African Development Bank, as “an innovative implementation platform” that lays the ground work for “a new era of working together that will propel us towards our goal of a more prosperous, united and...Board approves €7 million investment in Partech Africa Fund
14-Nov-2018 - The African Development Bank’s efforts to channel critical investment funding to Africa’s entrepreneurs received a big boost on Wednesday, 18 October 2018 in Abidjan, where the Bank’s executive directors approved €7 million equity investment in Partech Africa Fund. Partech is a Venture Capital Fund dedicated to investing in tech-enabled, innovative, high growth potential and talented entrepreneurs operating early stage companies and applying relevant technologies to address fundamental market constraints with potential to scale across the...Tunisie : la Banque africaine de développement apporte une assistance d’urgence pour réhabiliter les établissements scolaires affectés par les inondations
14-Nov-2018 - Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé aujourd’hui une assistance d’urgence de 1 million de dollars, en vue de la réhabilitation des établissements scolaires affectés par les inondations survenues en septembre 2018 dans le gouvernorat de Nabeul.Egypt’s private sector wins big at the Africa Investment Forum, sees Forum promoting investment opportunities
13-Nov-2018 - Projects from Egypt’s private sector showed strongly at the just concluded Africa Investment Forum during which transactions close to US$50 billion were promoted by sponsors in three days of Boardroom sessions.
Souk At-tanmia Partnership to organize Third Laureates Award Ceremony
13-Nov-2018 - As part of the celebrations of Global Entrepreneurship Week, the Souk At-tanmia Partnership will organize its Third Laureates Award Ceremony, on Tuesday, 13 November 13, 2018 from 14.00 to 18.00 at the Cité de Culture, Tunis. The ceremony will mark the end of 18 months of substantive assistance and technical support to Laureates to strengthen their managerial skills, improve their business plans and assist them in raising the necessary funds for the realization of their projects.