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Bank President discusses youth employment, agriculture and fragility with partners and key stakeholders in Washington
21-Apr-2017 - The African Development Bank President’s full and busy second day in Washington, DC opened with a meeting of Multilateral Development Bank Heads and a bilateral tête-à-tête with Tone Skogen, State Secretary and Norwegian Governor to the AfDB.
Carole Wamuyu Wainaina, named Chief Operating Officer for Africa50
20-Apr-2017 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, is pleased to announce the appointment of Carole Wamuyu Wainaina as Chief Operating Officer. She will lead a multi-disciplinary team on the non-investment side of the organization, including Investor Relations, Strategy, Communications, HR and Administration, and Environmental and Social Governance.African Development Bank to further examine social and environmental concerns on Sendou coal-fired power plant in Senegal
20-Apr-2017 - The Board of Directors of the African Development Bank Group approved the eligibility assessment for compliance review of the Bank-financed 125-MW Sendou coal-fired power plant project in the village of Bargny Minam in Senegal. Independent experts will carry out further investigations to clarify issues raised by two groups of residents from the community of Bargny.
African Development Bank to open a National Office in the Republic of Benin
18-Apr-2017 - Bank Group (AfDB) Director-General for the West African Region, Janvier Litse visited the Republic of Benin from 10 to 12 April 2017 as part of a dialogue mission with the country's authorities.
Famine, fragility and infrastructure development on the agenda at World Bank-IMF Spring Meetings
17-Apr-2017 - he African Development Bank (AfDB) is participating in the Spring Meetings of the International Monetary Fund (IMF) and World Bank, in Washington, DC, from April 18-23, 2017. The annual gathering brings together over 1,000 participants from government, civil society, the private sector, the media and academia.African Development Bank Group provides US $14.57 million supplementary loan to rehabilitate and expand electricity distribution networks in Juba, South Sudan
13-Apr-2017 - The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) supplementary loan of US $14.57 million to rehabilitate and expand the distribution networks in Juba, South Sudan. The Power distribution system rehabilitation and expansion project aims at strengthening the distribution networks in Juba to provide reliable electricity supply from existing and future generation facilities and thus satisfy the suppressed load and demand growth in the city.AfDB approves USD18.15 million to support South Sudan’s membership in the African Trade Insurance Agency and Trade & Development Bank
13-Apr-2017 - The African Development Bank Group (AfDB) has approved a US $18.15 million facility to the Government of South Sudan (GRSS), to assist the country with the required resources for its African Trade Insurance (ATI) and Trade & Development Bank (TDB) (formerly known as PTA Bank) membership application. This is a critical step and a prerequisite for the respective institutions to commence their operations within South Sudan.African Development Bank Group announces staff changes
12-Apr-2017 - The African Development Bank Group announced today the departure of Dr. Frannie A. Léautier, its Senior Vice-President. Dr. Léautier’s decision to move on was for personal family reasons. The President of the African Development Bank, Dr. Akinwumi Adesina said, “We will miss Frannie at the Bank. I highly commend her strong dedication and commitment to helping drive institutional reforms at the Bank. I am confident that the solid Senior Leadership Team we have built will enable us to drive towards greater success.”
Korea-Africa Business Forum urges greater Korean Private Sector engagement in Africa
12-Apr-2017 - The African Development Bank (AfDB) and Busan Metropolitan City have jointly urged South Korea’s private sector to do more business with Africa. The call was made at the Korea-Africa Business Forum held at Busan Exhibition & Convention Center on 3 and 4 April 2017, supported by Korean Ministry of Strategy and Finance.AfDB pledges support to Batoka Energy Project at investors’ conference in Zambia
11-Apr-2017 - The African Development Bank’s Vice President for Power, Energy, Climate and Green Growth Sector Complex, Amadou Hott, was in Livingstone, Zambia, on 30 and 31 March 2017 attending the 2,400-MW Batoka Gorge Hydro Electric Scheme (BGHES) investors’ conference, where stakeholders discussed progress and financial support to the scheme.
Adaptation Benefit Mechanism (ABM) workshop
11-Apr-2017 - Jointly organized by the African Development Bank (AfDB), the Climate Investment Funds (CIF) and the Lancaster University Pentland Centre for Sustainability in Business, this invitation-only event will launch the concept of an Adaptation Benefit Mechanism – a transparent and efficient results-based mechanism to support adaptation to climate change, will be held at The Work Foundation, Trafalgar Square, from 9:00-13:30, Tuesday, April 11, 2017.
Bank President addresses issues of youth employment, access to energy and gender equality during 10th Mo Ibrahim Governance Weekend
09-Apr-2017 - The African Development Bank and the Mo Ibrahim Foundation have long had a close affinity and a natural alliance based on shared interests and complementary objectives. These qualities showed clearly at the 10th Mo Ibrahim Governance Weekend in Marrakech, Morocco, where the President spent a productive working weekend in the company of well-known personalities from African politics, commerce, investment and finance.
Adesina visits the Marrakech-Menara airport, an impressive project financed by the AfDB
08-Apr-2017 - Akinwumi Adesina, President of the African Development Bank (AfDB), accompanied by Yacine Fal, AfDB Deputy Director for North Africa, visited the Marrakech-Menara international airport on Friday, April 7, 2017. The project was financed by the Bank as part of Morocco’s third airport project, which aimed to upgrade infrastructure at Casablanca, Fez, Agadir, Marrakech and Rabat airports.
AfDB Discusses Sub-national Financing at 2nd Kaduna State Investment Summit
07-Apr-2017 - The African Development Bank on Thursday 6th April, participated in the 2nd Kaduna Investment Forum (Kadinvest 2.0) in Nigeria’s northern State of Kaduna. Kadinvest 2.0 is an avenue for investors and donors to interact with top government officials and executives in the state, with the view to ensuring that investor/donor funds are targeted to the most viable priority sectors and ultimately have the desired impact on job creation and social development.African Development Bank Joins meeting of Regional and Sector Directors of the Harmonization for Health in Africa (HHA) in Dakar
07-Apr-2017 - Representatives from WHO, African Development Bank, GAVI, Global Fund, France, JICA, UNAIDS, UNFPA, UNICEF, UNWomen and USAID met in Dakar from 28-31 March 2017 to decide upon the future of Harmonization for Health in Africa (HHA), a mechanism co-founded by AfDB and partners in 2006, to deliver coordinated support to health systems strengthening in African countries.
AfDB Vice President Kacou concludes three-day official visit to Sudan
07-Apr-2017 - The Vice President of the African Development Bank (AfDB) responsible for Corporate Services and Human Resources, Alberic Kacou, concluded a three-day official visit to Sudan on Thursday, 6 April 2017. He was accompanied by the Bank’s Resident Representative in Sudan, Abdul Kamara and technical staff.
ALSF Management Board reviews its activities ahead of 2017 Annual General Meetings
07-Apr-2017 - On March 27, 2017, the Management Board of the African Legal Support Facility (ALSF) met to review the progress made in 2017 and to assess the challenges ahead in the implementation of its projects. The Board discussed key issues and events which will be reviewed on the margins of the 2017 Annual General Meetings of the African Development Bank (AfDB) in May 2017 in Ahmedabad, India.
AfDB reiterates Africa's investment attractiveness at African Private Equity and Venture Capital Association conference
06-Apr-2017 - The Senior Vice-President of the African Development Bank, Frannie Léautier addressed the first day of the 14th Annual African Private Equity and Venture Capital Association (AVCA) Conference on Monday, April 4, 2017, in Abidjan, Côte d’Ivoire. The African Private Equity and Venture Capital Association is the sole pan-African industry body for private equity in Africa and has over 130 members.
AfDB hosts 2017 edition of Partnerships Conference
05-Apr-2017 - The African Development Bank (AfDB) is hosting a Partnerships Conference on April 6-7, 2017, in Abidjan, Côte d’Ivoire. It will create a platform for the Bank to present its experience so far in scaling up investments and leveraging donor resources in the Bank’s High 5 priority areas identified as having the most development impact for its Ten Year Strategy 2013–2022.