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African leaders urged to prioritize their communities
04-Dec-2017 - Reports like the Mo Ibrahim Index 2017 showed that the quality of governance across the continent is generally low compared to other regions of the world, a factor that has undermined progressive economic development in most African countries.
Experts, policy-makers converge on Addis Ababa to scale up governance for Africa’s transformation
01-Dec-2017 - Although Africa has registered strong economic growth in recent years, this growth is not inclusive. Poverty and inequality prevail. What is the role of African governments to drive industrialization in their countries? What makes industrial policies effective? What institutional and regulatory environment should governments pursue to promote industrialization? And what are the experiences of African countries that have adopted industrialization strategies and policies? For such countries, what factors have ensured successful implementation?AfDB and WWF agree to focus on conservation, energy and agriculture
30-Nov-2017 - The World Wide Fund for Nature (WWF) and the Africa Development Bank (AfDB) have announced a new three-year partnership agreement. The agreement comes on the heels of a three-year Memorandum of Understanding (2014-2017) in which the two organizations committed to deliver major eco-conservation programmes for Africa.The African Development Bank and the European Commission Ink Agreements to Co-Finance Road Projects in West Africa
29-Nov-2017 - The African Development Bank (AfDB) and the European Commission on Monday 27 November 2017 signed five co-financing agreements to support road infrastructure projects in West Africa.Towards making Nairobi an aviation hub AfDB Supports JKIA Airport expansion Project
29-Nov-2017 - Efforts being made by Kenya’s government to make Nairobi an aviation hub has received a big boost from the African development Bank (AfDB) which approved a US$ 160m loan for the expansion of Jomo Kenyatta International Airport (JKIA). The project entails construction of a 4.9-km second runway to International Civil Aviation Organization (ICAO) Category II standards, including connecting taxiways, additional parking stands for aircraft, and an air rescue firefighting unit.Madagascar : la BAD va décaisser 45 millions de dollars pour appuyer les réformes économiques
29-Nov-2017 - Le Conseil d’administration du Groupe de la banque africaine de développement (BAD) a approuvé le 28 novembre 2017, à Abidjan, en Côte d’Ivoire, un don de 14 millions de dollars américains et une garantie partielle de crédit de la Facilité d’appui à la transition (FAT) de 31 millions de dollars EU afin de financer la première phase du Programme d’appui à la compétitivité économique (PACE I) à Madagascar.La BAD abrite la 1re réunion de l’Alliance pour le Sahel en Afrique
29-Nov-2017 - Le Groupe de la Banque africaine de développement (BAD), en étroite collaboration avec l’Allemagne (BMZ), la Banque mondiale (BM), la France, le Programme des Nations Unies pour le développement (PNUD) et l’Union européenne (UE), a organisé, le 27 novembre 2017 à Abidjan, la 1re réunion du Groupe de l’Alliance pour le Sahelen Afrique.
AfDB to participate at 5th African Union – European Union Summit
29-Nov-2017 - The African Development Bank (AfDB) will participate at the 5th African Union Commission (AUC) and European Union (EU) Summit taking place in Abidjan, Côte d’Ivoire, from November 29-30, 2017. The Summit is organized by the President of the European Council, the President of the European Commission, the President of the African Union and the Chairperson of the African Union Commission. This year’s theme is “Investing in youth for a sustainable future.”AfDB helps Cameroon unlock its energy potential with €150m loan
29-Nov-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of € 150m to help finance the 420 MW Nachtigal hydroelectric project, with the financial support of other partners. Nachtigal, will come online in 2022, thereby increasing the county’s existing electricity installed capacity by 30%. This will also help to lower the cost of electricity in the long-term.
Invitation to the Leadership for Agriculture Forum: from policy to action
28-Nov-2017 - The African Development Bank’s Agriculture and Agro-Industry Department, in collaboration with Grow Africa and the Initiative for Global Development (IGD), is organizing the first-ever Leadership for Agriculture Forum on 28 November 2017 at the AfDB headquarters.
ALSF Management Board reviews Facility’s activities and future programs
28-Nov-2017 - The Management Board of the African Legal Support Facility (ALSF) met in Abidjan last week and reviewed the Facility’s work during the past year. The Board also addressed institutional matters and established priority plans for 2018. The Effectiveness Review of the Facility’s operations was conducted in order to provide stakeholders with a broad and thorough account of the outcomes, achievements, and staff performance during 2016.AfDB Signs US $ 300m Private Sector loan agreement for Nacala Corridor project
28-Nov-2017 - The African Development Bank (AfDB) and other participating co-lenders has signed agreements for the financing of the Nacala Corridor project. This is an integrated and transformative infrastructure project which consists of a 912-km railway and a port meant to unlock the Western region of Mozambique and landlocked Malawi. The total project cost is estimated at US$ 5b.
African Development Bank launches Youth Advisory Group to create 25 million jobs
28-Nov-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA).
Raising standards in Africa’s legal profession: ALSF Academy launched at East African Law Society Annual Conference
28-Nov-2017 - The last decade has witnessed two converging trends which promise to transform capacity building in the legal discipline: The growing availability of broadband connections in Africa, and the increasing recognition of remote-learning as an effective means of knowledge-sharing. With these developments in mind, the African Legal Support Facility (ALSF) has leveraged its vast experience in capacity building projects to design a robust e-learning platform which will offer a three-level certification program to aspiring African lawyers through the...
Africa needs to create right skills, provide funding for its young entrepreneurs, says Ashish Thakkar
27-Nov-2017 - Ashish Thakkar is the Founder and Chairman of Mara Group, an investment firm with a presence across 25 African countries. He founded the Mara Foundation in 2009 to foster and support emerging entrepreneurs through mentorship and venture philanthropy.
Future of Africa’s youth dominates agenda at EU-Africa Business Forum
27-Nov-2017 - The 6th EU-Africa Business Forum opened in Abidjan, Côte d’Ivoire, on Monday, with an emphasis on job creation and investment in young people. The central theme of the Forum is “Investing in Job Creation for Youth.” Speaking at a high-level forum on the theme, African Development Bank Group President Akinwumi Adesina called for a change of mindset when dealing with youth on the continent. “Young people aren’t looking for help, they are looking for the right environment to flourish,” he said.