05-Dec-2019 - Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty.
This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the Fund, which is the concessional window of the African Development Bank Group.
05-Dec-2019 - The African Legal Support Facility (ALSF) Management Board, the legal support arm of the African Development Bank, met in Abidjan, to review the institution’s activities, work plan and budget for 2020.
“This is an opportunity for us to review and deliberate on ALSF interventions, which contribute meaningfully to development in Africa,” ALSF Board Chairperson, Gaston Kenfack, said in his opening remarks.
05-Dec-2019 - Africa must work as one to turn the continent’s ‘youth bulge’ into opportunities, delegates at the closing of the 2019 African Economic Conference said on Wednesday.
The three-day conference in Sharm El Sheikh, Egypt, discussed initiatives for boosting entrepreneurship, improving the business ecosystem, access to capital and better infrastructure – all to create decent jobs for the continent’s unemployed and under-employed youth.
05-Dec-2019 - In 38 of the continent’s most vulnerable countries, the African Development Fund or ADF is enhancing livelihoods by promoting regional integration, fostering businesses and enhancing food security through its investments in power projects, roads and bridges.
04-Dec-2019 - “There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with only 0.41 percent growth in employment.
04-Dec-2019 - The Board of Directors of the Bank has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.
04-Dec-2019 - Young African entrepreneurs urged to make their voices heard in business policy-making across the continent and called on governments to implement friendlier tax policies, improve access to finance and boost support for youth-led businesses to create jobs.
Speaking at the 2019 African Economic Conference in the Egyptian resort of Sharm El-Sheikh on Tuesday, the young business leaders said their role as engines of growth needed to be taken more seriously.
04-Dec-2019 - Les experts et chercheurs présents à la Conférence économique africaine 2019, ont dressé un tableau des faiblesses du marché du travail en Afrique. Selon eux, ce marché est caractérisé principalement par l’inadéquation de la formation, un accès difficile et un environnement économique dominé par le secteur informel.
Au cours de cette session sur « Emploi des jeunes en Afrique, opportunités et défis », les jeunes chercheurs ont fait le point de la situation au Ghana, Togo, Bénin, Cameron et au Congo.
04-Dec-2019 - President Akinwumi Adesina of the African Development Bank Group is pleased to announce the appointment Mr. Stefan Nalletamby, as Acting Vice-President for the Private Sector, Infrastructure and Industrialization Complex. Mr. Nalletamby has been the Director for the Financial Sector Development Department at the African Development Bank since its creation in September 2014.
04-Dec-2019 - The second day of the 2019 African Economic Conference, exploring ways to create jobs for Africa’s youth, focused on the youth skills gap issue across the continent.
The conference in the Egyptian resort of Sharm El Sheikh is hosted by the African Development Bank in partnership with the United Nations Development Programme and the United Nations Economic Commission for Africa.
03-Dec-2019 - When Regis Umugiraneza graduated from college in Rwanda he didn’t know what to do. Then he discovered that sweet potatoes, a popular harvest in his country, could be the answer.
Umugiraneza, co-founder and chief executive officer of Carl Group, is one of the young African entrepreneurs selected as youth speakers at the 2019 African Economic Conference underway in the Egyptian city of Sharm El Sheikh.
03-Dec-2019 - Les participants de la première session plénière de la conférence économique africaine 2019, à Charm el-Cheikh, en Egypte ont indiqué deux défis principaux, à savoir, identifier les besoins du marché du travail et restructurer les économies africaines.
Les participants à cette session ont discuté des entraves aux actions gouvernementales, qui réduisent les opportunités d’emplois aux jeunes africains. Il s’agit surtout, selon eux de créer des emplois décents pour les jeunes, en leur offrant des alternatives durables à la pauvreté tout en...
03-Dec-2019 - Dans le cadre du Sommet mondial sur le genre 2019 organisé à Kigali, des sessions interactives de formation et de renforcement de capacités ont été animées par des experts, via le programme « Entreprenarium », à destination des entrepreneures du continent, intéressées par les meilleures pratiques d’investissement.
03-Dec-2019 - The African Development Bank, on Thursday, bid farewell to retiring Vice-President for the Private Sector, Infrastructure and Industrialization, Pierre Guislain.
Hosted by Bank President Akinwumi Adesina, and attended by senior management and Board members, VP Guislain was honoured for his outstanding leadership, pragmatism and humility during his tenure at the Bank.
03-Dec-2019 - The African Development Bank and technology firm Microsoft today launched the ‘Coding for Employment’ digital training platform, an online tool to provide digital skills to African youth, wherever they are across the continent.
The platform, launched at the 2019 African Economic Conference in Sharm El Sheikh, Egypt, aims to promote a continuous learning culture among young people and build their capacity to shape the continent’s future.
03-Dec-2019 - Plus de 350 parties prenantes convergent vers Charm el-Cheikh en Égypte, pour participer à la Conférence économique africaine (AEC) de 2019 qui porte cette année, sur les questions liées à l’emploi, à la compétence et au développement des capacités des jeunes africains.
02-Dec-2019 - The Africa Climate Change Fund (ACCF) has approved a project proposal for a total of $997, 524 to support Benin and Lesotho to access international climate finance, an initiative underpinned by evidence that adaptation to climate change must start locally.
02-Dec-2019 - The 2019 African Economic Conference (AEC) opened in the Egyptian resort city of Sharm El Sheikh on Monday with a call on African policymakers to take bold steps to tackle red-tape and high startup costs in order to create decent and well-paying jobs for the continent’s youth.
Addressing the opening plenary of the three-day conference, Egypt’s Minister of Investment and International Cooperation, Sahar Nasr said the conference provided a critical platform to address the challenges of jobs for the youth on the continent.
02-Dec-2019 - More than 350 stakeholders are converging on Sharm El Sheikh, Egypt, to participate in the 2019 African Economic Conference (AEC), with this year’s focus on jobs, skills and capacity development for Africa’s youth.
The three-day conference, from 2-4 December, brings together researchers, youth representatives, business leaders, policymakers and media representatives from Africa and around the globe – to hammer out policies and strategies for successful inclusive growth and job creation in the region.
29-Nov-2019 - The Johannesburg Stock Exchange (JSE), working with seven African exchanges, the African Development Bank and the African Securities Exchanges Association (ASEA) hosted the African Exchange Linkage Project (AELP) Engagement Forum, designed to bolster investments into the continent.