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African Development Bank Adesina invites Madagascar President Rajoelina to become a Nutrition Champion
08-Jul-2019 - On a recent trip to the island nation of Madagascar, African Development Bank President Akinwumi Adesina invited Madagascar President Andry Rajoelina to become a Nutrition Champion and join the fight against stunting on the continent. The call came as the two toured the newly renovated districts of Tsaramasay, Ankorondrano Andrefana and Ankorondrano Andranomahery, among the most disadvantaged areas around the capital Antananarivo. Adesina also attended an inauguration ceremony for the re-opening of the districts.
Independent Development Evaluation Annual Report highlights a year of Delivering knowledge, engaging with stakeholders, and responding to evaluation needs to improve the lives of the people in Africa
08-Jul-2019 - On 21 May 2019,Independent Development Evaluation (IDEV) at the African Development Bank presented its 2018 Annual Report to the Bank’s Committee on Development Effectiveness.
African Legal Support Facility appoints new chairman and two board members
05-Jul-2019 - The African Legal Support Facility (ALSF) has bid a fond farewell to the outgoing members of the Management Board, the Chairperson, Dorcas Auma Achapa (Kenya) and Professor Dandi Gnamou (Benin) for their three years of excellent contributions to the organization. Afterwards, the ALSF warmly welcomed two additions to its Management Board – Eva Jhala (Zambia) and Nimatou D. Feliho (Benin). The two will serve for three years.
African Union Commission calls for further financial input for the NEPAD-IPPF Special Fund
05-Jul-2019 - Addis Ababa, 05 July 2019 – The 29th Oversight Committee (OC) meeting of the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund held at the headquarters of the African Union Commission in Addis Ababa, Ethiopia, has ended with calls for increased investments to accelerate the closure of Africa’s infrastructure gap.
Gestion des ressources et transfert d’eau : une délégation du Maroc et des représentants de la Banque africaine de développement en voyage d’études aux États-Unis
05-Jul-2019 - Dans le cadre du don d’assistance technique « KOAFEC » accordé au Royaume du Maroc, un voyage d’études visant à appuyer le département de l’eau du Royaume dans la planification et la conception du projet de transfert d’eau Nord-Sud a été effectué du 24 au 29 juin derniers aux États-Unis.Ouverture d’un nouveau Bureau de la direction générale pour l’Afrique centrale à Yaoundé en vue d’une meilleure intégration régionale et d’un renforcement du commerce intra-régional
04-Jul-2019 - L’ouverture du nouveau Bureau régional de développement, d’intégration et de prestation de services pour l’Afrique centrale, à l’instar de ceux mis en place en Afrique australe, de l’Est, du Nord et de l’Ouest, a pour objectif de rapprocher davantage la Banque de ses Etats membres et renforcer le dialogue avec les Communautés économiques régionales (CER) en matière d’intégration.African Development Bank to meet Nigerian business leaders next week ahead of African Investment Forum
04-Jul-2019 - WHO: African Development Bank, Africa Finance Corporation WHAT: African Investment Forum Roadshow WHERE: Transcorp Hilton, Abuja, Nigeria WHEN: July 9, 2019 at 8.30 am The African Development Bank Group, and the Africa Finance Corporation, will meet industry and business leaders in Abuja, Nigeria on Tuesday, 09 July 2019 as part of a roadshow to woo investors ahead of its second Africa Investment Forum (AIF) in November.AU Summit: President Adesina to lead African Development Bank’s delegation, Continental Free Trade Area talks to top summit agenda
04-Jul-2019 - Abidjan, Côte d'Ivoire, 4 July 2019 - African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the African Union (AU) in Niger’s capital, Niamey. High on the agenda of the July 7-8 summit are discussions on the African Continental Free Trade Area (AfCFTA). President Adesina will meet African leaders to review the continent's development issues, and hold talks on the effective implementation of the AfCFTA.
Africa needs bolder private financing models for power transmission lines - energy experts
04-Jul-2019 - Abidjan, Cote d’Ivoire, 4 July 2019 – Africa’s power sector leaders must devise new mechanisms to attract more private sector investment into power transmission lines, energy experts agreed at a technical roundtable last week. The meeting, hosted by the African Development Bank to mark the 3rd Africa Energy Market Place (AEMP), explored how to structure private sector financing to meet the investment needs of transmission lines. It also covered the investment priorities of transmission companies, alternative funding options, and bankable...
Africa Investment Forum: South Korean investors are keen to access pipeline of bankable African projects
03-Jul-2019 - Seoul, South Korea, July 3, 2019 - The 2019 edition of the Africa Investment Forum presents a good opportunity for South Korean investors to explore bankable projects in critical sectors, industry players said on Wednesday.
The remarkable story of Anthony, President Akinwumi Adesina’s adoptive son from Madagascar
03-Jul-2019 - Three years ago, Anthony, then 11, showed signs of stunted growth as observed by African Development Bank President Akinwumi Adesina during a visit to Madagascar’s Bas Mangoky region. To the Bank chief, the boy looked no more than 5 years of age. “I was transfixed by one of the children attracted by my helicopter landing. He was so small that I was convinced he could be no more than 5 years old,” recalls President Adesina.
African Development Bank signs agreement to open Central Africa regional headquarters in Yaoundé
02-Jul-2019 - Yaoundé, Cameroon, July 3, 2019 – The African Development Bank Group on Tuesday signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states to prop up economic integration. Cameroon’s Foreign Minister Lejeune Mbella Mbella and Khaled Sherif, Bank Vice President for Regional Development, Integration and Service Delivery, signed the agreement in Yaoundé. Top government officials, including 11 ministers and diplomats, attended the event.
“Nations may go through fragility, but they can exit and become stable, dynamic, prosperous and resilient to debilitating shocks,” says Akinwumi Adesina, President of the African Development Bank
02-Jul-2019 - African Development Bank President Akinwumi Adesina has called for greater financial resources to expand the work of the African Development Fund, the concessional window of the Bank Group. Adesina made the appeal on Tuesday during the opening ceremony of a meeting to discuss the 15th replenishment of the Fund, held from 1 to 3 July in Antananarivo, the capital of Madagascar.La Banque africaine de développement organise un séminaire des Institutions financières de développement du secteur privé à Madagascar
02-Jul-2019 - Qui: Banque africaine de développement Quoi: Séminaire de la plateforme des institutions financières de développement pour le développement du secteur privé à Madagascar Où: Centre de conférence international Ivato, salle Emeraude Quand: 04 juillet 2019, de 09h à 13h00Madagascar: Beneficiaries describe African Development Fund projects as life-saving
02-Jul-2019 - A delegation of senior representatives from the African Development Fund (ADF) donor countries visited two projects financed by the Fund in Madagascar this week to measure the impact of their contribution to African development. ADF is the concessional window of the African Development Bank Group, During the visit, which took place on the sidelines of the second consultation meeting on the replenishment of the Fund’s resources, beneficiaries described the projects as life-saving.
Let’s reinforce power sector regulations to attract investments – African energy stakeholders
02-Jul-2019 - Africa’s power sector policies and regulations must be sharpened to enhance efficiency to attract commensurate investments, a technical roundtable for energy stakeholders in Abidjan heard last week. Callixte Kambanda, Manager for Energy, Policy, Regulation and Statistics at the African Development Bank said while many countries have established a Regulatory Authority with the necessary legislation, there are still critical gaps that need to be addressed, particularly in terms of independence of these Authorities.
African Development Bank VP Khaled Sherif champions private sector investment compact in Germany
01-Jul-2019 - Photo caption: Khaled Sherif (forward left), African Development Bank Vice-President for Regional Development, Integration and Business Delivery, and Christoph Rauh (forward right), Director for Africa with the German Federal Ministry for Economic Cooperation and Development (BMZ), stand with the participants of a deep dive exercise hosted by the BMZ in Bonn, Germany.
The African Development Fund improving and impacting lives of millions in Africa
01-Jul-2019 - Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say.