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The future of development banks discussed as senior officials meet at 20th annual meeting

13-Sep-2019 - Senior officials from the world’s leading financial institutions have wrapped up their 20th annual meeting in Abidjan at the headquarters of the African Development Bank. The corporate secretaries of international financial institutions (IFIs) met from 11 to 13 September 2019. The gathering coincides with a renewed push for Africa’s development agenda. The host institution, the African Development Bank, is in the process of lobbying for a general capital increase from shareholders to accelerate growth in the continent.

Le Document de stratégie d’intégration régionale de l’Afrique centrale 2019-2025 sera présenté à Yaoundé le 16 septembre prochain

13-Sep-2019 - Le ministre de l’Économie, de la planification et de l’administration du territoire, également gouverneur de la Banque africaine de développement pour le Cameroun, Alamine Ousmane Mey, procèdera, lundi 16 septembre, à l’ouverture de l’atelier de restitution du Document de stratégie d’intégration régionale de l’Afrique centrale pour la période 2019-2025 (DSIR), à Yaoundé, au Cameroun.

Three Questions to Wale Shonibare, Acting VP, Power, Energy, Climate & Green Growth

12-Sep-2019 - What is the Desert to Power Initiative? Desert to Power is an ambitious and innovative partnership-driven initiative of the African Development Bank to transform the Sahel and Sahara region through the deployment of solar technologies, at scale, in eleven countries: Burkina Faso, Chad, Djibouti, Ethiopia, Eritrea, Mali, Mauritania, Niger, Nigeria, Senegal, and Sudan.

« Desert to power », un puissant levier pour réaliser les « High 5 » !

12-Sep-2019 - Principaux outils de transformation économique en Afrique, les cinq grandes priorités stratégiques, « High 5 », lancées en 2016 par la Banque africaine de développement, ont déjà produit des résultats significatifs cette année. L’initiative « Desert to power », présentée officiellement ce vendredi 13 septembre à Ouagadougou, au Burkina Faso, marquera une étape majeure.

5 takeaways from the 2018 Africa Investment Forum: A bold vision to tilt capital flows towards Africa’s critical sectors

11-Sep-2019 - “We want investments in Africa to land on a smooth investment runway. No bumps,”   – Akinwumi  A. Adesina, President, African Development Bank, at the 2018 Africa Investment Forum. When Adesina laid out his vision to “tilt the flow” of capital towards Africa’s critical sectors through the Africa Investment Forum, the notion of convening a purely transaction-based forum, seemed more of an aspiration than a reality.

International Financial Institutions: Corporate Secretaries to meet in Abidjan 11-13 Sept

11-Sep-2019 - The Corporate Secretaries of International Financial Institutions (IFIs) will hold their 20th annual meeting from 11 to 13 September 2019 at the headquarters of the African Development Bank in Abidjan. The Abidjan deliberations will seek to build on the achievements of the group’s meeting in Bali, Indonesia, a year ago. Members will address the effectiveness of the IFIs governing Board, broadening the role of Board committees, supporting board committees, and strengthening relationships between the Board and management.

African Development Bank wins prestigious procurement award

09-Sep-2019 - The African Development Bank has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management professionals, with offices all over the world including Africa.

Pretoria, South Africa: Bank raises awareness of rules on integrity and anti-corruption in two-day session

09-Sep-2019 - The African Development Bank’s Office of Integrity and Anti-corruption (PIAC) held a two-day session on 12-13 August 2019 with staff, consultants and contractors to raise awareness on the Bank’s rules and regulations regarding integrity and anti-corruption. The first day brought together staff and consultants based in the Southern Africa regional office in Pretoria and country offices, while the second day was designed for consultants and contractors working with the Bank.

African Development Bank to launch report: Creating decent jobs: strategies, policies and instruments

09-Sep-2019 - What:              Launch of the ‘Creating decent jobs: strategies, policies and instruments report When:             12 September 2019 Who:              African Development Bank, Macroeconomics Policy, Forecasting and Research Department Location:       Babacar N’Diaye Auditorium, African Development Bank Group Head Office, Abidjan Cote d’Ivoire Time:               11.30 am to 13.00 pm

Zambia: African Development Bank, UN Nutrition Network will lead nutrition commitments

09-Sep-2019 - The African Development Bank country office in Zambia and the UN Nutrition Network have agreed to lead multi-agency commitments aimed at effective implementation of the country’s national food and nutrition agenda. The two agencies reached the agreement on 5 September 2019 when Bank country manager for Zambia, Mary Monyau, hosted the global coordinator and director of the UN Nutrition Network, Purnima Kashyap. Both recognized the role of good nutrition as the basis for sustainable human development.

Bank welcomes financial institutions to Abidjan for meeting to strengthen relationships

09-Sep-2019 - The corporate secretaries of international financial institutions (IFIs) will hold their 20th annual meeting from 11 to 13 September 2019 at the headquarters of the African Development Bank in Abidjan. The Abidjan deliberations will seek to build on the achievements of the group’s meeting in Bali, Indonesia, a year ago. Members will address the effectiveness of the governing Board, broadening the role of board committees, supporting board committees, and strengthening relationships between the board and management.

Afrique : La Banque africaine de développement soutient la sylviculture en Afrique orientale et australe avec un investissement de 20 millions de dollars

06-Sep-2019 - Le Conseil d’administration de la Banque Africaine de Développement a approuvé jeudi 5 septembre 2019, à Abidjan, un investissement de 20 millions de dollars américains en faveur du Fonds africain de la sylviculture (FAS II). FAS II est géré par Criterion Africa Partners (CAP) une société d’investissements spécialisée dans le secteur forestier et basée en Afrique du Sud.

African Development Bank, African Fertilizer and Agribusiness Partnership sign $5.4 million agreements to foster fertilizer market in Nigeria and Tanzania

06-Sep-2019 - The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania, potentially benefitting hundreds of thousands of smallholder farmers. The organizations held a signing ceremony at the African Green Revolution Forum in Accra, Ghana on 5 September 2019.

African Green Revolution Forum 2019: African Development Bank, partners relaunch agriculture platform

06-Sep-2019 - First Row: Martin Fregene, Director of Agriculture & Agro-industry, African Development Bank, Hon. Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture of Ghana, Hon. Noel Koutera Bataka, Minister of Agriculture, Animal and Fish Production of Togo and the rest of the Forum’s participants.  

The African Development Bank organises a successful open day with Liberian civil society

06-Sep-2019 - On 30 August 2019, the African Development Bank country office in Monrovia, Liberia held a civil society open day, which provided information on the progress of the Bank’s work, updates on current portfolio achievements and a presentation of the upcoming pipeline with regard to the next Liberia country strategy paper 2019 – 2023. The event brought together 56 Liberian civil society leaders, senior government officials from the ministries of finance and development planning, public works and agriculture.

“Prospects for Africa” great as new spaces open up for Tunisia’s youth in industry

06-Sep-2019 - Smartly dressed Maroua Khemiri is ready to start a busy day. The young engineer has secured a contract with Eleonetech in Tunisia, an electro-mechanical firm that specialises in producing cables and electronic assembly. Having risen through the ranks to become the first female project manager at the electro-mechanical firm, Khemiri’s achievement as a female engineer in this part of North Africa is rare, especially in the industrial sector.

The African Development Bank to sign agreements to boost fertilizer market in Nigeria and Tanzania

05-Sep-2019 - WHO:        African Development Bank, African Fertilizer and Agribusiness Partnership WHAT:      Signing Ceremony of Grant Agreements WHERE:   Accra International Conference Centre, Press Room, Accra, Ghana WHEN:     Thursday, 5 September 2019 TIME:        14:00-14:30 pm

Zimbabwe: African Development Bank, partners launch $96.7 million post-cyclone Idai recovery projects

05-Sep-2019 - The African Development Bank, with the World Bank and the government of Zimbabwe on 2 September 2019 launched post cyclone Idai recovery projects totaling $96.7 million to restore livelihoods and rehabilitate infrastructure in areas most hit by the disaster this year.

La Banque accueille 11 nouveaux administrateurs

04-Sep-2019 - Le Conseil d’administration de la Banque africaine de développement accueille en son sein 11 nouveaux membres pour les trois prochaines années. Ces derniers ont été présentés à leurs pairs à l’occasion du programme d’orientation, qui se déroule du 2 au 4 septembre au siège de la Banque, à Abidjan. Trois femmes d’expérience et de différents pays, font leur entrée dans cette instance de la Banque.

African Development Bank Group appoints Chinelo Anohu to head Africa Investment Forum

03-Sep-2019 - Abidjan, Cote d’Ivoire, 3 Sept 2019 - The President of the African Development Bank Group, Dr. Akinwumi Adesina, has announced the appointment of Mrs. Chinelo Anohu, a highly accomplished international corporate lawyer, as head and senior director of the Africa Investment Forum.