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African Development Bank to Host Seminar on Promotion of Gender Equality in Africa’s Power Sector
16-Oct-2018 - The African Development Bank, in partnership with the Association of Power Utility of Africa and the French Development Agency will host a seminar on “How to Promote Gender Equality in the African Power Sector” from October 16 to 18, 2018 at the CCIA building in Abidjan, Cote d’Ivoire. The seminar will bring together 50 Human Resource Directors from 50 power utilities, eight Directors of the African Network of Centers of Excellence in Electricity and other participants from more than 25 African countries.
Humanitarian-Security-Development Nexus in G5 Sahel Countries: International Committee of the Red Cross discusses partnership modalities with African Development Bank
16-Oct-2018 - The Gender, Women and Civil Society Department (AHGC) hosted a two day workshop from 8-9 October 2018 in Abidjan, Côte d’ivoire with a delegation from the International Committee of the Red Cross (ICRC). This workshop was a promising first step to exchange knowledge, ideas and expertise on how to respond in a timely and judicious manner to the needs and priorities of the population – particularly women and girls – in transition countries in Africa.African Development Bank approves Malawi Country Strategy Paper 2018 – 2022
16-Oct-2018 - The African Development Bank has approved its Country Strategy Paper for Malawi for 2018-2022. The strategy blueprint is part of ongoing efforts to boost economic diversification, reduce dependency on rain-fed agriculture and build resilience for growth in the southern African nation.
Technology and innovative finance key to reaching end users in the value chain through technology: African Development Bank at Global Infrastructure Forum 2018
15-Oct-2018 - New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank during a session at the Global Infrastructure Forum 2018 on Saturday.
African Development Bank showcases investment opportunities in Africa to Nordic investors
15-Oct-2018 - The African Development Bank in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark.African Development Bank and peers leverage Blended Finance to unlock nearly US$9 billion for Developing Countries
15-Oct-2018 - The African Development Bank and other development finance institutions (DFIs) last year used about US$1.2 billion in concessional funds to support nearly US$9 billion in private investment projects in emerging markets, according to a new DFI report that highlights how blended concessional finance can be key to mobilizing private investment in challenging environments.
African Development Bank and partners’ innovative Room2Run securitization will be a model for global lenders
14-Oct-2018 - Room2Run, the African Development Bank and partners’ innovative US $1 billion synthetic securitization of a portfolio of seasoned African Development Bank private sector loans, will serve as a model for other lenders, help reduce costs, and shorten execution time, finance experts told participants at a workshop on Saturday.
Global Infrastructure Forum 2018
13-Oct-2018 - The Asian Development Bank in partnership with the African Development Bank will host the Global Infrastructure Forum 2018 on the sidelines of the IMF and the World Bank Group Annual Meeting in Bali, Indonesia. Discussions will primarily focus on how to further leverage technology to enhance coordination among the leading multilateral financial institutions and their development partners to provide sustainable, accessible, and resilient infrastructure.Multilateral Banks reaffirm pledge to support resilient, sustainable infrastructure
13-Oct-2018 - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.
Ghana: African Development Bank, technology stakeholders seek to bridge Africa’s digital gender gap
12-Oct-2018 - ‘Unlocking Africa’s Digital Future’ was the theme of the 2018 Africa Summit on Women and Girls in Technology (#TechWomenAfrica) convened by the African Development Bank in collaboration with the World Wide Web Foundation on 9 – 11 October 2018. Other co-sponsors of the summit were the Alliance for Affordable Internet (A4AI), Ghana’s Ministry of Communications, the Open Society Initiative for West Africa, the Internet Society, Facebook and the Federal Ministry of Economic Cooperation, Germany.African Development Bank approves strategy to accelerate transformation of Eastern Africa
12-Oct-2018 - The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration in the Region with regional infrastructure development among the main pillars of the plan. The Strategy will guide the Bank’s regional operations in 13 countries, namely Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania and Uganda.
Revisiting the 53rd Annual Meetings of the African Development Bank: Key moments
12-Oct-2018 - As the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group begin in Bali Nusa Dua, Indonesia, we look back at one of the key moments of the 53rd Annual Meetings of the African Development Bank last May in Busan, Korea, where World Bank President Jim Yong Kim endorsed ongoing institutional reforms at the pan-African development institution under the leadership of President Akinwumi Adesina.Guinée – Guinée-Bissau : 50 millions d’euros de la Banque africaine de développement pour un projet d’interconnexion routière
11-Oct-2018 - Les gouvernements de la Guinée et de la Guinée Bissau vont bénéficier de 50 millions d’euros, sous forme de dons et de prêt, en financement de la première phase du projet d’aménagement de la route Boké-Québo, corridor routier entre Conakry-Bissau. Le coût total du projet est estimé à 117,19 millions d’euros. La première phase va coûter 79,94 millions d’euros et la Banque a déjà mobilisé 30 millions d’euros de l’Union européenne.Tunisie : 76 millions d’euros de la Banque africaine de développement pour améliorer l’assainissement des petites communes
11-Oct-2018 - Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé, jeudi 11 octobre 2018, un prêt de 75 millions d’euros ainsi qu’un don de 1 million d’euros pour financer la première phase du programme d’assainissement des petites communes de moins de 10 000 habitants en Tunisie.
Kenya goes all out for renewable energy
10-Oct-2018 - Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of the African Development Bank: Turkana Wind Farm and Menengai Geothermal Power Station.African Development Bank Publishes Newly Harmonized “Additionality” Framework for Private Sector Operations
09-Oct-2018 - The African Development Bank and other Multilateral Development Banks (MDBs) have published a harmonized framework for assessing additionality in their respective private sector operations. The new framework supports the MDBs’ ongoing commitment towards achieving the UN Sustainable Development Goals (SDGs) and the ‘Billions to Trillions’ agenda.
Capacity Development on Green Climate Fund Financing for Africa Experts
08-Oct-2018 - “Project Preparation for Transformative Climate Resilient Green Climate Fund Water Projects in Africa” was the title of a three-day workshop held recently in Johannesburg, South Africa by the African Development Bank in partnership with the Global Water Partnership (GWP) and other international development institutions.African Development Bank Convenes Public Private Partnerships Workshop for Swaziland Energy Sector
08-Oct-2018 - The African Development Institute of the African Development Bank and the Southern Africa Regional Development and Business Delivery Office will host a national workshop on “Enhancing Institutional Capacity to Implement Public Private Partnerships (PPPs) in the Energy Sector” in Mbabane, Swaziland on 8-12 October 2018. The workshop is being convened in collaboration with the African Legal Support Facility, a public international institution hosted by the Bank.
Nigerian Defence Academy Confers Honors on African Development Bank President Akinwumi Adesina
05-Oct-2018 - The Nigerian Defence Academy, the country’s leading military and academic institution, has conferred honorary doctorate degrees in Management Science on three prominent individuals, including African Development Bank President Akinwumi Adesina.