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African Development Bank at COP25

26-Nov-2019 - WHO:                         African Development Bank Group WHAT:                       25th Conference of the Parties (COP25) of the United Nations Framework Convention on Climate Change (UNFCCC) WHERE:                     IFEMA, Madrid, Spain WHEN:                       2-13 December 2019  

“Women are an excellent investment”: finance leaders call for increased support for women in business

26-Nov-2019 - Leaders from multilateral development banks, financial institutions and the private sector called on peers to dispel myths about women being too “high risk” for financing - and to offer more financial services for women in business to close the gender finance gap. “We know that women are a good bet. We know they pay back. We know they run excellent businesses – and yet they are not getting financed,” said Dr Jennifer Blanke, African Development Bank Vice President for Agriculture, Human and Social Development.

African Development Bank approves $400 million to support Mozambique’s ambition to become global LNG player

26-Nov-2019 - The Board of Directors of the African Development Bank Group on Thursday approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquifaction facility in Mozambique. The Mozambique LNG Area 1 Project, ranked Africa’s single largest Foreign Direct Investment to date, comprises a global team of energy developers and operators, led by Total alongside Mitsui, Oil India, ONGC Videsh Limited, Bharat Petroleum, PTT Exploration, as well as Mozambique’s national oil and...

First ladies panel seeks urgent policies to translate Africa’s demographic dividend into viable potential

26-Nov-2019 - “Investments in gender equality are critical to realizing demographic dividend, but we need to ensure that women have the tools to overcome the barriers they face,” First Lady of Rwanda, Jeannette Kagame told participants at a panel at the Global Gender Summit in Kigali on Monday. The panel, made up of First Ladies Kagame, Margaret Kenyatta, ministers and development experts, observed that too many women and girls still face barriers to basic rights, particularly access to labour market opportunities.

2019 Conference on Land Policy in Africa: Technology and innovation will help speed up removal of land sector corruption in Africa - African Development Bank

25-Nov-2019 - African countries must act faster to purge corruption in the land sector by harnessing technology and innovation, African Development Bank Senior Vice President Charles Boamah urged on Monday. Boamah, who was speaking to policymakers and stakeholders at a conference on Land Policy in Africa in the Ivorian capital, Abidjan, also called for the deployment of more financial and human resources to land policy development, “especially in rural areas and among the most vulnerable, including women.”

AEC 2019: Only a competitive youth will guarantee Africa’s sustainable inclusive economic growth – African Development Bank Chief Economist Charles Lufumpa

25-Nov-2019 - The youth of Africa must be empowered to be competitive in order to play a more meaningful role in the continent’s economic transformation drive, urged African Development Bank’s Acting Chief Economist and Vice-President for Economic Governance and Knowledge Management, Charles Lufumpa.

Global Gender Summit 2019: "Put prejudice behind us and give women access to finance," says Akinwumi Adesina

25-Nov-2019 - African Development Bank President Akinwumi Adesina has called for greater access to finance for African women when he addressed the inaugural session of the Global Gender Summit. "When women borrow, they always repay. And 90% of them repay their loans without the least problem. So, where is the risk? The problem is prejudice and the banks' lack of flexibility. We must leave this behind to allow women access to financing," President Adesina urged.

« Soyons ambitieux dans les réformes et maintenons le cap », a exhorté Akinwumi Adesina lors du Sommet extraordinaire des chefs d’État de la CEMAC à Yaoundé

25-Nov-2019 - Le président du Cameroun, Paul Biya, a ouvert officiellement, ce vendredi à Yaoundé, le Sommet extraordinaire de la Conférence des chefs d’État de la Communauté économique et monétaire de l’Afrique centrale (CEMAC), dont il est le président en exercice.

Project successes in Morocco and Ghana offer lessons in gender and climate change

25-Nov-2019 - The African Development Bank recognizes the importance of addressing gender in efforts to combat climate change and its effects in order to increase the benefits of its projects and aims to be the leading African financial institution in addressing gender and climate change.

Global Gender Summit 2019: African leaders take on the responsibility to urgently close the gender gap

25-Nov-2019 - ‘There is no template to follow…we (women) can deliver but we can deliver differently” - President Sahle-Work Zewde, President of Ethiopia ‘We are making sure that narrowing this gender gap is everyone’s responsibility,’ President Paul Kagame of Rwanda “This discrimination is political, economic and social; it is politically incorrect, unjustifiable socially.’ - Chairperson of the African Union Commission Moussa Faki Mahamat

Getting women in the driver’s seat of Africa’s agribusiness revolution

24-Nov-2019 - Monica Musonda, CEO of Zambian food processing company Java Foods, certainly faced hurdles in her rise to the top, but she overcame them. “Although the barriers to entry for women can be frustrating, they are often basic and relatively easy to resolve,” she said, playing down her struggles. “My climb up the agribusiness ladder has been challenging but definitely worthwhile.”

Mainstreaming gender in African policymaking: Ensuring no voice is unheard

24-Nov-2019 - Despite remarkable progress made on women’s participation in policymaking, Africa is still far from achieving the 50 percent gender parity target set by the UN’s Sustainable Development Goals (SDGs).

Sénégal : la Banque africaine de développement octroie plus de 62 millions pour la mobilisation des ressources et l’efficacité des reformes

22-Nov-2019 - Le Groupe de la Banque africaine de développement a validé un prêt de 62,5 millions d’euros en faveur du Sénégal pour soutenir la première phase du Programme d’appui à la mobilisation des ressources et à l’efficacité des réformes (PAMRER I).

Gender equality: It’s time for disruption, time to shatter the status quo. We can’t afford to wait!

22-Nov-2019 - If you are a gender champion, then you are familiar with the discussions around the glass cliff.  The story of women eager to defy the odds, accepting leadership roles at times of crisis, when the chance of failure is the highest. The truth is that many bold glass cliff climbers have succeeded without falling off. Two of such champions come to my mind: the former Xerox CEO Anne Mulcah and Tokunboh Ishmael, co-founder of Aliethiea IDF.

Interview with Jennifer Blanke, Vice President Agriculture, Human and Social Development at the African Development Bank Group, ahead of the 2019 Gender Summit

22-Nov-2019 - The African Development Bank and the government of Rwanda are hosting the Global Gender Summit from 25 to 27 November in Kigali. The Summit is being organised by the Multilateral Development Banks’ (MDBs) Working Group on gender, and will be held for the first time in Africa. We speak to Bank Vice President, Jennifer Blanke, to find out more about this high-profile event.   1 - This year the African Development Bank is hosting the Global Gender Summit for the first time on the continent.  What are your expectations?

South Sudan: African Development Bank-financed upgraded Juba power distribution system comes onstream

22-Nov-2019 - The government of South Sudan on Thursday commissioned a $38 million upgraded power distribution system financed by the African Development Bank to restore reliable electricity supply to Juba’s central business district and boost suburban livelihoods. The Juba Power Distribution System Rehabilitation and Expansion Project is the first in a series of major energy sector interventions by the Bank to improve livelihoods and build resilience in South Sudan. As its counterpart contribution, the government provided land for the construction of five...

Congo : la Banque africaine de développement prête 73 millions d’euros pour mettre en place des chaînes de valeurs agricoles

22-Nov-2019 - Le Conseil d’administration de la Banque africaine de développement a approuvé, ce mercredi à Abidjan, un prêt de 73,2 millions d’euros au profit de la République du Congo pour mettre en place des chaînes de valeurs agricoles au bénéfice de plus de 350.000 personnes.

2019 conference on land policy in Africa: why it matters for the continent, by Cosmas Milton Ochieng

21-Nov-2019 -   Cosmas Milton Ochieng, an expert in natural resource governance and economic development in Africa, is the Director of the African Natural Resource Centre at the African Development Bank.

Le président de la Banque africaine de développement, Akinwumi Adesina, participera au Sommet extraordinaire des chefs d’État de la Cemac à Yaoundé

20-Nov-2019 - Le président de la Banque africaine de développement, Akinwumi Adesina, participera au Sommet extraordinaire des chefs d’État de la Communauté économique et monétaire de l’Afrique centrale (Cemac) du 21 au 22 novembre à Yaoundé, au Cameroun. L’ordre du jour du Sommet a fixé une évaluation du programme régional de réforme économique et financière de la Cemac et de la situation des économies des pays de la zone dans la perspective de leur relance et de leur diversification.

Sommet mondial du genre 2019 à Kigali : la Banque africaine de développement et le Rwanda veulent accélérer la promotion de l’égalité des sexes

20-Nov-2019 - Pour la première fois, l’Afrique accueille, du 25 au 27 novembre à Kigali, le Sommet mondial sur le genre, un événement qui vise à partager les meilleures pratiques et stimuler l’innovation afin d’accélérer les progrès en matière d’égalité des sexes.