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Accord Commission européenne-Banque africaine de développement : 60 millions d’euros pour l’interconnexion électrique Cameroun-Tchad et pour la Dorsale transsaharienne à fibre optique
08-Jan-2019 - La Commission européenne et la Banque africaine de développement ont procédé,- à la signature de deux accords de co-financement, au profit du projet d’interconnexion électrique entre le Cameroun et le Tchad et de la Dorsale transsaharienne à fibre optique (DTS). C’était le jeudi 20 décembre 2018, au siège de la Commission européenne à Bruxelles.African Development Bank approves US$14.12 million to support Nigeria’s membership in African Trade Insurance (ATI) Agency
08-Jan-2019 - The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency (ATI). This is a critical and mandatory step to enable ATI commence its operations in Nigeria. Nigeria, as Africa’s largest economy, joins 14 other African countries that have already signed up to ATI membership.Gabon : 40 millions d’euros de la Banque africaine de développement pour le nouveau terminal à marchandises du port d’Owendo
07-Jan-2019 - Point de passage obligé pour les importations et les exportations gabonaises, le GSEZ New Owendo International Port (NOIP), situé au sud de la capitale Libreville, est en pleine modernisation. Pour en assurer l’expansion, le Conseil d’administration de la Banque africaine de développement a approuvé, le vendredi 14 décembre 2018, un prêt de 40 millions d’euros en faveur du Gabon.
Appointment of Director General, Southern Africa Regional Development and Business Delivery Office
31-Dec-2018 - The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office with effect from 1st September 2018.
Sénégal : Aéroport international Blaise Diagne, décollage vers le futur
27-Dec-2018 - Un an après l’inauguration de son nouvel aéroport, le 7 décembre 2017, Dakar enregistre une progression de 6 % de son trafic aérien et déjà un million de passagers.
Mainstreaming resilience and financing for sustainable and inclusive urban development in Africa
27-Dec-2018 - In Africa, as elsewhere, urbanized locations exert pressure on already vulnerable populations impacted by lack of access to potable water supply, sanitation and waste management, energy supply, transport infrastructure and services. With nearly 90 percent of global population growth occurring in Asian or African cities, the goal of improving the quality of life for the people of Africa will only be achieved by mainstreaming resilience and effective financing mechanisms into the continent’s urban development agenda.
Kazungula Bridge to link, open up markets in eight African countries
27-Dec-2018 - Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end. In just 24 months, travelling between the water-rich but land-locked Zambia and Botswana will get easier, smoother and faster, when the new road and rail bridge, currently under construction across the waters of the Zambezi, is commissioned for public use.
African Development Bank to raise over US$7 billion from capital markets for investment in African economies in 2019
27-Dec-2018 - Bank continues to build its profile in the capital markets for cost-effective resources to finance projects and programs in Regional Member Countries The African Development Bank’s Board has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion from capital markets. The Bank accesses a wide array of capital markets with the majority of its borrowing in US dollars and Euros as well as issuances in other public markets such as Australian dollars and Pound sterling.
Six of 20 most vulnerable countries are African
26-Dec-2018 - With more than 20,000 participants from over 190 countries, COP24 commenced in the hope that countries will create a rulebook that will turn the Paris climate agreement into reality and hold down rising temperature to well below 2 degrees. During the conference, countries focused on establishing rules, figuring out financing and devising ways to verify that nations are meeting their commitments.
Engaging with Civil Society: African Development Bank organizes last 2018 Internal Consultation Workshop
26-Dec-2018 - The African Development Bank Civil Society and Social Innovation Division organized a one- day “Civil Society Awareness Brown Bag Lunch” on 19 December 2018 at the Bank’s headquarters. The Bank, under the leadership of President Akinwumi Adesina, has gradually placed African citizens at the centre of its intervention strategy, making civil society a key partner to achieve greater results with lasting impact on the lives of Africans.
Building Partnerships to deliver Africa’s Paris Agreement commitments
26-Dec-2018 - African countries made ambitious commitments to respond to climate change in their Nationally Determined Contributions (NDCs) - a set of commitments necessqry for determining progress and raising ambition since the Paris Agreement came into effect in November 2016. As of November 2018, 189 Parties to the UNFCCC had ratified their NDCs, including 90% of African countries.
Cabo Verde: l’aéroport de Praia se modernise et dynamise l’économie de l’archipel
21-Dec-2018 - Dans sa stratégie globale de promotion de la croissance économique, le gouvernement de Cabo Verde a placé parmi ses priorités, le développement des infrastructures de transport du pays, en particulier ses infrastructures aéroportuaires ; une des cinq priorités érigées par la Banque africaine de développement (BAD) pour favoriser l’accroissement de la productivité et de l'activité économique du continent africain.
Maroc : Pose de la première pierre du nouveau terminal de l’aéroport Rabat-Salé financé par la Banque à hauteur de 75 millions d’euros
21-Dec-2018 - Le Roi du Maroc a procédé, mercredi 19 décembre 2018, à la pose de la première pierre du nouveau terminal de l’aéroport international de Rabat-Salé.
Powering Small Developing Island States with 100% renewable energy
21-Dec-2018 - At the 24th United Nations Climate Change Conference of Parties (COP24), in Katowice, Poland, the global community fleshed out the rules to govern the Paris Agreement. Rules necessary to ensure the most vulnerable communities are not left alone to deal with the adverse effects in a world in which global warming has risen above 1.5°C.Egypt: President El-Sisi Inaugurates Bank-supported wastewater treatment plant
20-Dec-2018 - Egypt’s President Abdel-Fattah El-Sisi on Saturday, 15 December 2018 inaugurated the El-Gabal El-Asfar wastewater treatment plant (Phase II – Stage II) in Cairo, with a delegation from the African Development Bank, led by Yacine Fal, Deputy Director General for North Africa. The visit to the project site was combined with the launch of a massive housing program for disadvantaged people who will benefit from improved housing as well as access to clean water.
Africa’s quest for a sustainable future will ride on the back of resiliency, financing and planning mechanisms
20-Dec-2018 - This year’s UN Climate Summit (COP24) has come and gone. For the over 20,000 partiticpants who made the journey to Katowice, Poland for the summit, COP24 was mostly about getting global attention for the climate change issues in their respective jurisdictions. For delegates from Africa, the summit was more than a show-shop: COP24 was an opportunity for the continent to recalibrate its climate change aspirations and credentials.
Supporting transboundary actions to address climate change
20-Dec-2018 - Approximately 64% of the African Continent is found within a transboundary river or lake basin, or sits on a transboundary aquifer, containing 805 freshwater resources. As climate change exacerbates challenges already inherent in Africa’s hydrological cycle, and affects different parts of a watershed differently, it is clear that there is a need to highlight the importance of transboundary perspectives in adaptation and decision-making, and support efforts to include these within states planning and actions, including finance activities.
RDC : Rawbank obtient 15 millions de dollars de la Banque africaine de développement pour stimuler les PME
20-Dec-2018 - La Banque africaine de développement va dynamiser le secteur privé en RDC, en octroyant une ligne de crédit de 15 millions de dollars US$ à Rawbank. «La Banque africaine de développement donne ainsi, un signal fort, avec cette ligne de crédit qui va booster le secteur privé congolais, en ciblant en particulier les femmes entrepreneures», dira le Directeur général de Rawbank, Thierry Taeymans.
“Desert to Power Initiative” for Africa
19-Dec-2018 - The African Development Bank (AfDB) has said a lack of energy remains as a significant impediment to Africa’s economic and social development. As a result the AfDB has embarked on a huge desert solar initiative to make Africa a renewable power-house titled “Desert to Power Initiative”. This solar project is set to stretch across the Sahel region and expected to connect 250 million people with electricity by tapping into the region’s abundant solar resource.