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Angola and the African Development Bank sign USD 101 million to support agricultural value chains development in Cabinda Province
18-Jan-2018 - The African Development Bank is fully engaged in ensuring efficient and sustainable agricultural production projects in its regional member countries. This can drive economic growth and poverty reduction as well as fulfil both domestic and global demand for agricultural products.
La Banque africaine de développement débloque 16,68 millions d’euros pour le Projet dorsale à fibre optique d’Afrique Centrale
18-Jan-2018 - Le Groupe de la Banque africaine de développement (BAD) va œuvrer à la réalisation d’un système, en vue d’interconnecter par la fibre optique, la République centrafricaine, le Cameroun et le Congo.
2018 African Economic Outlook: African Development Bank makes a compelling case for Africa’s industrialization
17-Jan-2018 - The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth.
African Development Bank Governors from West and Central Africa hold fruitful consultations with Senior Bank Management
17-Jan-2018 - At the invitation of African Development Bank Group President Akinwumi Adesina, consultations have been held between the Bank’s Governors from West Africa and Central Africa and Senior Bank Management in Abidjan, Côte d’Ivoire. They are the first consultations of their kind since the creation of the Bank in 1963.African Development Bank approves US $500-million third and final tranche budget support loan for governance reforms in Egypt
17-Jan-2018 - The Board of Directors of the African Development Bank has approved a US $500-million loan to finance Egypt’s Economic Governance and Energy Support Program Phase III. This is the last in a series of three annual loans worth a total of US $1.5 billion covering the fiscal years 2015-2016 to 2017-2018 for the Economic Governance and Energy Support Program Based Operation.
Akinwumi Adesina receives accolade of highest honour of the Republic of Liberia
16-Jan-2018 - Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 15, received the Order of the Star of Africa with the Grade of Grand Band of the Republic of Liberia, during an investiture ceremony hosted by Liberian Head of State, Ellen Johnson Sirleaf, at the C. Cecil Dennis Auditorium of the Ministry of Foreign Affairs, in Monrovia, Liberia.
African Development Bank launches the 2018 Edition of the African Economic Outlook
16-Jan-2018 - The African Development Bank is launching the 2018 edition of its yearly flagship report, the African Economic Outlook (AEO), on Wednesday, January 17, 2018 at its headquarters in Abidjan. As a leading African institution, the Bank is the first to provide headline numbers on Africa’s macroeconomic performance and outlook. The African Economic Outlook bridges a critical knowledge gap on the diverse socio-economic realities of African economies through regular, rigorous, and comparative analysis.Integrity in Development Projects: The African Development Bank and GH Management Consultants Conclude a Settlement Agreement and Resolve Fraud Allegations
16-Jan-2018 - The African Development Bank Group (AfDB), on 16 January 2018, announced the conclusion of a settlement agreement with GH Management Consultants and its managing partner, Mr. George HANIN.
African Development Bank inspires Nigerian school children with ‘Farming is Cool’ competition
16-Jan-2018 - As part of its goal to see a generational shift in agriculture on the continent, the African Development Bank has taken its ‘Farming is Cool’ initiative to school children in Nigeria. The Bank has also launched a Junior Art Contest in Nigeria to promote the potential of agriculture to secondary school children. Africa is hoping to feed itself and to eradicate malnutrition by 2025, but the average age of farmers on the continent is currently 60 years.
First Meeting by High Level Panel on International Migration in Africa pushes migration issues to the top of the policy agenda
16-Jan-2018 - The first meeting of the High Level Panel on International Migration in Africa (HLPM) highlighted regional migration priorities and actionable commitments that will lead to the successful implementation of the work plan of the Panel in preparation of the final report.Nigeria consolidates position as African Development Bank’s largest shareholder
14-Jan-2018 - Nigeria’s President, Muhammadu Buhari, will commission the new office complex of the African Development Bank in Abuja on January 18, 2018, consolidating the country’s position as the Bank’s largest shareholder. The state-of-the-art Nigeria Country Department (RDNG) office complex, situated in the Central Business District of Abuja, the country’s capital, is the first permanent structure to be designed and constructed in any regional member country of the Bank.African Development Bank President to Participate in High-Level Panel on International Migration in Africa
14-Jan-2018 - The President of Liberia, Ellen Johnson Sirleaf, will host the inaugural meeting of the High-Level Panel on International Migration in Africa (HLPM), in Monrovia on Monday, January 15, 2018. Participants include the President of the African Development Bank, Akinwumi Adesina, and the Executive Secretary of the United Nations Economic Commission for Africa, Vera Songwe.These young Africans dream of becoming the next Mandela, Nasser, Adesina, Wangari Maathai or Houphouët-Boigny
12-Jan-2018 - Invited to the headquarters of the African Development Bank to try their hand at leadership in a game setting, several dozen young people took part in the new board game Made in Africa, created by Olubanke King Akerele, diplomat and former minister of Liberia. It was an opportunity for the young participants to share their vision for the leadership and future of Africa, and to express their opinions on the place of young people in Africa.Le Niger obtient 43 millions de dollars de la Banque africaine de développement sous forme d’une aide budgétaire
11-Jan-2018 - « C’est dans les moments les plus difficiles qu’on doit pouvoir compter sur ses vrais amis ». Au seuil de la nouvelle année 2018, cette sagesse populaire prend toute son sens pour le Niger qui va bénéficier d’un don de 30 millions d’UC, l’équivalent de 43 millions de dollars américains (EU) de la part de la Banque africaine de développement.
Martha Phiri, Bank Group’s Country Manager to Rwanda, presents her Letters of Accreditation
10-Jan-2018 - The African Development Bank Group’s newly appointed Country Manager to Rwanda, Martha Phiri, on January 8, 2018, presented her Letters of Accreditation to Olivier J.P. Nduhungirehe, Rwanda’s Minister of State at the Ministry of Foreign Affairs, Cooperation and East African Community.Le Fonds des énergies durables pour l’Afrique soutient la promotion des mini-réseaux verts en République Démocratique du Congo
09-Jan-2018 - La République Démocratique du Congo (RDC) a bénéficié le 30 novembre d’une subvention de 994 270 dollars EU du Fonds des énergies durables pour l’Afrique (SEFA) pour promouvoir les projets de mini-réseaux verts (dit GMG en Anglais) et faciliter les investissements privés dans ce sous-secteur.Au Togo, la Banque africaine de développement appuie la promotion de l’agrobusiness pour 7,47 milliards de FCFA
04-Jan-2018 - Le Groupe de la Banque africaine de développement (BAD) a accordé au Togo, un appui budgétaire au titre d’un don du Fonds africain de développement (FAD) d’un montant de 2,32 millions d’UC (1,82 milliards de FCFA) et un autre au titre de la Facilité d’appui à la transition (FAT) d’un montant de 7,21 millions d’UC (5,65 milliards de FCFA). Au total 9,53 millions d’UC, soit environ 7,47 milliards de FCFA sont octroyés au titre du Programme d’Appui à la Promotion de l’Agrobusiness (PAGPA).African Development Bank, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital partner in US $55-million investment into Off-Grid Energy Access Fund
04-Jan-2018 - On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”).