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2019 African Economic Conference in Sharm el-Sheikh to foster jobs, entrepreneurship and capacity development for African youths

24-Oct-2019 - What: African Economic Conference Who: African Development Bank, Economic Commission for Africa, United Nations Development Programme When: 2-4 December 2019 Where: Sharm el-Sheikh, Egypt   The 2019 African Economic Conference (AEC), the leading platform for networking, dialogue and knowledge-sharing on pertinent issues facing Africa, will take place 2-4 December 2019 in Sharm el-Sheikh, Egypt.

Investing in Portuguese-Speaking Africa: The Moment is Now

24-Oct-2019 - Economic reforms, a burgeoning middle class and regional diversity against the background of the new African Continental Free Trade Area - are making Africa’s Portuguese-speaking countries a hotspot for investor interest. Additionally, new tools – such as the Development Finance Compact for Lusophone Africa – give investors and lenders more comfort to enter into these markets.

African Development Bank to hold completion workshop on Tunisia drones trial in the agricultural sector

23-Oct-2019 - What: Workshop and Exhibition on drone use in agriculture Who:  African Development Bank When: 30 October 2019 Where: Mövenpick Hotel du Lac Tunis, Tunisia   The African Development Bank will host a completion workshop on 30 October, 2019 in Tunis to share lessons learned from the pilot project of using drones to improve the agricultural productivity in the Sidi Bouzid region of central Tunisia.

African Development Bank funds Angola initiative to improve business environment and diversify exports

23-Oct-2019 - The Angolan Government has launched a study funded by the Bank through the KOAFEC trust fund to support the improvement of export diversification and the business environment.

Seedstars World partners with African Development Bank to propel youth startups and jobs

23-Oct-2019 - Seedstars World, a Swiss-based startup competition in emerging markets, and the African Development Bank on Tuesday announced a strategic partnership to implement its innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa.

Nigeria: African Development Bank to launch ‘Creating Decent Jobs: Strategies, policies and instruments’ report in Abuja

23-Oct-2019 - Who:                     African Development Bank, Macroeconomics Policy, Forecasting and Research Department     What:                    Launch of the ‘Creating Decent Jobs: Strategies, policies and instruments’ report Venue:                  African Development Bank, Nigeria Country Department, Abuja When:                   Monday 28 October 2019 Time:                    9.00 am – 12.30 pm

How the Africa Investment Forum is transforming the continent’s approach to infrastructure projects

23-Oct-2019 - Streaming across the new bridge linking the Gambia and Senegal earlier this year, cars, trucks and pedestrians celebrated a new era of integration between the two West African countries.  For the first time in over half a century, traders and everyday commuters could travel from one half of the Gambia to the other in a matter of hours, instead of an entire day, or even longer.

Mali : la Banque africaine de développement consulte la société civile sur le Document de stratégie pays

22-Oct-2019 - Le Bureau national du Mali de la Banque africaine de développement, avec l’appui de sa Division société civile et engagement communautaire (AHGC2), a organisé sa première consultation de la société civile, le jeudi 17 octobre 2019. Tenue dans le cadre de l’exercice d’élaboration du Document de stratégie pays (DSP) du Mali pour la période 2020-2024, la rencontre, s’est déroulée au siège du Conseil national de la société civile du Mali (CNSC).

African Development Bank and Three Regional Development Banks Launch Joint Report on Livable Cities

19-Oct-2019 - Rapid urbanization has provided most cities in the world with opportunities to provide more sustainable, vibrant, and prosperous centers for their citizens. But they must first address challenges such as inadequate infrastructure investments, pollution and congestion, and poor urban planning, according to a new report released today. 

Angola: African Development Bank approves $1 million grant to children’s food and nutrition security programs

18-Oct-2019 - The African Development Bank has approved a grant of $1 million to boost a children’s food and nutrition security program in Bié province in Angola. The resources are from a special relief fund to the government of Angola, in response to a prevailing drought that has caused severe malnutrition. The grant was approved on 23 September.

World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators

18-Oct-2019 - The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies.

African Development Bank inks €12.5 million deal with Adiwale Fund for SMEs

18-Oct-2019 - The African Development Bank on Thursday signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in francophone West Africa. The Bank Group’s board of directors approved the investment in March as part of its commitment to grow  SMEs and improve livelihoods in countries underserved by the global equity market.

2019 Global Gender Summit plans to tackle the constraints to gender equality

18-Oct-2019 - Rwanda is preparing to welcome women from all over the world for the first Global Gender Summit to be held in Africa. At a press conference on 18 October in the capital Kigali, the organizers laid out plans for the event. “We believe that GGS 2019 will be an opportunity to share best practices from all participants so that we accelerate progress on gender equality and women’s empowerment in Africa and around the world,” said Rwanda’s Minister of Gender and Family Promotion, Soline Nyirahabimana.

2019 Africa Investment Forum: African Development Bank and partners gear up for new heights

17-Oct-2019 - In just a few weeks, the second edition of the annual Africa Investment Forum will kick off in Johannesburg, South Africa, with development finance institutions determined to tackle the continent’s infrastructure investment challenges and advance Africa’s economic transformation agenda. Africa Investment Forum 2018 broke the mold for regional investments and offered lessons about what can be done when multilateral development and finance institutions decide to pull their resources together to deliver as one.

Creating Africa’s next generation of development experts: African Development Bank calls on young professionals to join its ranks

17-Oct-2019 - The African Development Bank has issued a call to young people who are interested in joining the continent’s premier finance institution. The Bank has opened applications for its Young Professionals Program, which offers a unique opportunity to young people with a passion for development to participate in offering lasting solutions to social, economic and environmental challenges.

Prepare for the agriculture of tomorrow, African Development Bank President challenges high school students at global symposium

17-Oct-2019 - Young people from around the world gathered in Des Moines Iowa at the Global Youth Institute on Thursday to interact with Nobel and World Food Prize laureates. This year, 450 exceptional high school students from 10 countries attended the three-day Global Youth Institute hosted by the World Food Prize Foundation to facilitate discussion on pressing food security and agricultural issues.

Africa Investment Forum 2019: USA roadshow generates strong interest

15-Oct-2019 - More than 30 U.S pension fund managers, private sector CEOs and institutional investors have signaled their strong interest in participating in the second Africa Investment Forum, scheduled to take place from 11-13 November 2019, in Johannesburg, South Africa. The Africa Investment Forum is an innovative investment marketplace spearheaded by the African Development Bank to attract capital for investment on the African continent.

Tunisie : la Banque africaine de développement accorde 138 millions d’euros à la STEG pour le réseau d’électricité et les énergies renouvelables

15-Oct-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, le jeudi 9 octobre, un financement total de 138 millions d’euros en faveur de la Société tunisienne d’électricité et gaz (STEG) afin de mettre en œuvre le projet d’aménagement et d’équipement du réseau de transport d’électricité (PAERTE). Ce financement comprend un prêt de la Banque de 108 millions d’euros et des ressources mobilisées auprès du fonds « Africa Growing Together Fund » (AGTF), d’un montant de 30 millions d’euros.

Infrastructures agricoles : La Banque africaine de développement accompagne le Gabon pour changer la donne

15-Oct-2019 - La Banque africaine de développement a assuré le Gabon de son plein soutien au Projet d’Appui au Programme GRAINE phase 1 (PAPG 1) lors d’une cérémonie vendredi 4 octobre dernier à Libreville, en apportant notamment des financements économiques et sociaux dans les domaines de l’eau, l’électricité, la santé ainsi que des infrastructures agricoles.

African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa

14-Oct-2019 - The African Development Bank, in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa.