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Côte d’Ivoire and AfDB launch key economic diversification project
21-Oct-2016 - The African Development Bank Group and the Ivorian Government launched a major project aimed at diversifying the country’s economy on October 18 in Abidjan. The Support to Industrial Sector Competitiveness Enhancement Project (PARCSI) will help increase the contribution of the industrial sector to GDP from 22% in 2014 to 40% in 2019.AfDB invests US $20 million in Rx Healthcare Fund for quality healthcare delivery in Africa
21-Oct-2016 - The Board of the African Development Bank (AfDB) has approved a US $20-million equity investment in Rx Healthcare Fund (RxHF) to help improve healthcare delivery across the continent.
La BAD accorde une ligne de crédit de 60 millions d’Euros pour financer le commerce en Tunisie
20-Oct-2016 - Le Conseil d'administration de la Banque africaine de développement (BAD) a approuvé, le 19 Octobre 2016 à Abidjan, une ligne de crédit de 60 millions d’Euros en faveur de la Banque de l’Habitat (BH) de Tunisie. Cette facilité aidera la BH à renforcer ses activités de financement du commerce international pour les petites et moyennes entreprises.
Habitat III: Multilateral Development Banks collaborate to support ‘New Urban Agenda’
20-Oct-2016 - In support of the ‘New Urban Agenda’ adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda’s words into action by issuing a “Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.
La BAD octroie 28,5 milliards FCFA au Sénégal pour appuyer les réformes en matière de développement local
20-Oct-2016 - Le président du Groupe de la Banque africaine de développement (BAD), Akinwumi Adesina et le ministre sénégalais de l’Economie, des Finances et du Plan, Amadou Ba , ont signé le 19 octobre à Abidjan, un accord de prêt d’un montant de 28,5 milliards FCFA destiné à appuyer la première phase du Programme d’appui aux réformes du développement local (PARDL-1).AfDB approves US $40-million corporate loan for Afe Babalola University (ABUAD)
19-Oct-2016 - The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year US $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. The project will make ABUAD a centre of excellence for tertiary education in Africa, expanding access to high-quality education to over 10,000 students per year.
“If youth is our future, then we are already behind schedule,” AfDB President tells West African Ministerial Conference on Youth Employment in Africa
19-Oct-2016 - Africa’s youth are the future. We must invest in them for the good of society and for the benefit of the continent. These were among the messages delivered Tuesday, during a high-level conference on Youth Employment in Africa, organized by the African Development Bank at its headquarters in Abidjan.
African Leaders for Nutrition: The AfDB plays a greater role in promoting nutrition accountability and grey matter infrastructure
18-Oct-2016 - Akinwumi Adesina, President of the African Development Bank, and John Kufuor, former President of Ghana and Co-chair of the Global Panel on Agriculture and Food Systems for Nutrition, hosted the first official meeting of the African Leaders for Nutrition on Monday, October 17 in Abidjan.West African Ministerial Conference on Youth Employment in Africa to be held in Abidjan
18-Oct-2016 - A West African ministerial conference on youth employment will be held on 18 October 2016 at the African Development Bank Group (AfDB) headquarters in Abidjan. It will bring together ministers, youth organisations, business leaders, universities and representatives of civil society to collaborate and strengthen regional AfDB member countries' capacity to improve operations and develop policies that support youth employment and entrepreneurship.AfDB President Akinwumi A. Adesina’s Opening Remarks at “Jobs for Youth in Africa” West African Ministerial Conference - 18 October, 2016 - Abidjan, Côte d’Ivoire
18-Oct-2016 - Good morning everyone. I welcome you all very warmly to this West Africa Regional Ministerial Conference. We are here to discuss the future of Africa’s youth and how we will create jobs for them. The attendance of so many Ministers is a clear indication that your Governments pay great attention to youth unemployment. I am delighted we have so many young people in this auditorium. We are here for you: you are the future.
La BAD restitue les résultats préliminaires du Profil Genre de Madagascar
17-Oct-2016 - La Banque africaine de développement (BAD), en collaboration avec le Ministère de la Protection Sociale et de la Promotion de la Femme de Madagascar, ont lancé le processus d’élaboration du Profil Genre de Madagascar. L’objectif de cette étude est de rendre disponibles les données désagrégées par sexe dans les domaines prioritaires de la Banque « le Top5 » notamment : Eclairer l’Afrique et l’alimenter en énergie ; Nourrir l’Afrique ; Industrialiser l’Afrique ; Intégrer l’Afrique et Améliorer la qualité de la vie des Africains.African leaders meet in Abidjan to invest in nutrition
17-Oct-2016 - Influential African leaders, philanthropists and heads of businesses will meet in Abidjan on 17 October 2016 with the President of the African Development Bank Group (AfDB) Akinwumi Adesina to discuss the best approach to achieve nutritional security for Africa through increased investment and public-private partnerships.Agricultural Production, Food Security and Higher Value in North Africa
14-Oct-2016 - Interest in agriculture and food security issues in North Africa increased after the food price rise and continued price volatility since late 2006. North African countries are highly dependent on world markets for their food security. This did not seem to be a problem as long as world food prices were low and stable during the 1980s and 1990s. However, when they started rising and becoming more volatile after 2006, alarm bells rang all across the region.Studies on Africa’s transport sector highlight opportunities for investment
14-Oct-2016 - The Infrastructure Consortium for Africa (ICA) held a one-day workshop at the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire, to discuss findings of three studies on opening up aviation services, urban transport development, and trade facilitation.
World Food Day: Adapting Africa’s agriculture to the exigencies of climate change
14-Oct-2016 - This World Food Day, Sunday, October 16, 2016, will mark the 71st anniversary of the creation of the UN Food and Agricultural Organization (FAO) whose primary objective is to free humanity from hunger and malnutrition. Focusing on “Climate is changing. Food and agriculture must too,” the theme resonates with the next UN Climate Change Conference, COP22, which takes place November 7-18, 2016 in Marrakech, Morocco.African Water Facility turns waste management into strategic input for local production value chain in Ethiopia
14-Oct-2016 - The African Water Facility (AWF) held a three-day event from September 28 to 30, 2016 to launch the Improved Sanitation Value Chain (ISVC) project, which aims to serve the urban poor in Arba Minch Town, one of the major cities of Southern Ethiopia. The AWF €1.5-million grant to the ISVC project will contribute to improve sanitation and faecal waste management for more than 21,000 Arba Minch citizens while boosting the local businesses and agricultural production with the provision of eco-friendly and affordable fertilisers.
ADEA and JICA support quality science and mathematics education in Africa
13-Oct-2016 - “Probing and thinking critically is what will make Africa a continent of the 21st century... inculcating skills at an early age is the key, says Shem Bodo, Senior Programs Officer with the Association for the Development of Education in Africa (ADEA). Bodo made the statement on the 30th of September 2016 in Nairobi (Kenya) at the closing ceremony of a two-week Third Country Training Programme (TCTP) on “Use of inquiry-based learning and peer lesson evaluation to improve quality of teaching and learning of mathematics and science.”
AfDB approves 570 million rand loan to finance affordable housing in South Africa
12-Oct-2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa’s Housing Investment Partners Trust 2 -HIP2), also known as Vulumnyango Trust, to help finance affordable housing programmes in the country. The loan will help improve access to long-term affordable housing finance to South Africa’s lower-middle income earners currently with limited opportunities to access affordable mortgages.Japan Bank for International Cooperation (JBIC) Delegation visits AfDB
12-Oct-2016 - A delegation from the Japan Bank for International Cooperation (JBIC) visited the Bank on Monday, 10 October 2016 in Abidjan, for consultations primarily with the Private Sector and Financial Sector Departments. The delegation was led by Moriyuki Aida, Executive Officer for Europe, the Middle East and Africa (based in London), accompanied by JBIC’s Chief Representative in Paris, Fumio Suzuki.