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AfDB in talks with CSOs on Africa’s transformative agenda
27-Sep-2016 - The African Development Bank’s consultations with Civil Society Organisations (CSOs) in the Central Africa region are currently underway in Yaoundé, Cameroun. The September 26-28, 2016 discussions aim at enhancing cooperation between the two at regional and country levels in order to effectively support the Bank’s Regional Member Countries in delivering development programs.AfDB approves US $310 million Trade Facilitation Loan for Ecobank Transnational Incorporated
27-Sep-2016 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, September 21, 2016, in Abidjan, a US $310 million trade finance loan for Ecobank Transnational Incorporated, parent company of the Ecobank Group. Through this facility the AfDB will provide critical trade finance funding to support economies in which Ecobank is present.
World Tourism Day 2016: The African Development Bank is contributing to improved access and infrastructure on the continent
27-Sep-2016 - The travel and tourism industry recognizes World Tourism Day. Founded in 1980 by the United Nations World Tourism Organization (UNWTO), each year World Tourism Day brings together the global tourism community to highlight a significant theme with implications for destinations large, small, cosmopolitan, and rural, on every continent.
Adesina stresses need for Nigeria to incentivize its way out of recession
26-Sep-2016 - Akinwumi Adesina, President of the African Development Bank (AfDB), stressed the need Monday for Nigeria to put in place the right incentives to boost private investment and revive growth. He also reassured authorities of the Bank's unwavering support during these difficult times.
Leaders stress support for creating decent employment for youth in Africa
26-Sep-2016 - Leaders on Tuesday expressed the need for African countries to urgently embark on programs to create decent job opportunities for the youth on the continent. Speaking in New York in a high-level side event organized by the New Partnership for Africa’s Development (NEPAD) on the sidelines of the United Nations General Assembly, the leaders concurred that lack of decent employment opportunities for African youth was a recipe for disaster and that African governments needed to act quickly avert a crisis in the continent.Ghana wins US $24 million to restore and expand sustainable forests through innovative public-private partnership
26-Sep-2016 - Ghana received approval on Thursday, September 22, 2016 from the African Development Bank (AfDB) for a project to restore degraded forest reserves and double a sustainable forest plantation through a first-of-its-kind Public-Private Partnership (PPP) in its forest sector.BAD-Guinée Bissau : Revue annuelle conjointe de la coopération
26-Sep-2016 - Le Groupe de la Banque africaine de développement (BAD) et le Gouvernement de la Guinée Bissau, ont procédé, le 19 septembre 2016 à Bissau, à la revue annuelle conjointe de la coopération entre le pays et l’institution.
MDG Transition Report: Reliable statistics and integrated policy approach key to successful SDG and Agenda 2063 implementation
26-Sep-2016 - African countries will need better data, statistics, and policy coordination to ensure successful implementation of the Sustainable Development Goals (SDGs) and congruence with the African Union’s Agenda 2063.AfDB President begins first official visit to Nigeria
26-Sep-2016 - Akinwumi Adesina, President of the African Development Bank Group (AfDB), started his first official visit in Nigeria on Monday with an interactive session with the Government’s economic team chaired by Vice-President Yemi Osinbajo. The session focused on how the Bank can help the country overcome it current recession.
Sudan Executive Director undertakes familiarization mission
26-Sep-2016 - On Friday, September 23, 2016, the African Development Bank’s Executive Director (ED) for Sudan, Kwabena Boadu Oku-Afari, concluded a three-day familiarization mission to Sudan. ED Oku-Afari represents a constituency of five countries at the Bank, comprising Sudan, Sierra Leone, Liberia, Ghana and Gambia. This mission sought to acquaint him with firsthand knowledge of developments in Sudan as well as the state of the Bank’s development operations in the country.ALSF hosts training on Production Sharing Agreements for Somalia government officials
26-Sep-2016 - Somalia’s offshore potential oil and gas reserves has garnered the attention of many international oil companies. The potential of these reserves, if managed well, will provide consistent revenue streams that could catalyse the economic development of Somalia.
AfDB President Adesina calls for bold action to Light up and power Africa
23-Sep-2016 - African Development Bank President Akinwumi Adesina called for bold action Tuesday to light up Africa within the next ten years. “Ten years is the timeframe. We need to take Africa out of the darkness. Period,” Adesina told a panel discussion in New York.AfDB President Akinwumi Adesina to visit Nigeria to strengthen partnership with major shareholders
23-Sep-2016 - Akinwumi Adesina, President of the African Development Bank (AfDB), will visit Nigeria from September 26–28, 2016, on his first official visit to the country since his appointment last year. Adesina will meet policy-makers, the private sector, and development partners to discuss the challenges facing Nigeria and highlight the AfDB’s commitment to further strengthen its partnership with Nigeria.NEPAD Regional Integration and Trade Department to host key stakeholders’ coordination meeting on Abidjan-Lagos and other West African Corridors
21-Sep-2016 - NEPAD Regional Integration and Trade Department has convened a two-day meeting on September 27-28, at the African Development Bank (AfDB) headquarters in Abidjan, with development partners, the NEPAD Planning and Coordination Agency (NPCA), the Economic Community of West African States (ECOWAS), government officials and representatives of customs and revenue authorities to discuss a more coordinated approach to the management of West African corridors.
Partnership to support scaling up of nutrition in Cote d’Ivoire
21-Sep-2016 - On September 14, 2016, the African Development Bank’s Human Development Department (OSHD), hosted a meeting of Technical and Financial Partners (PTFs) supporting nutrition in Côte d’Ivoire. The Bank is the group’s co-chair together with UNICEF.AfDB Helps Morocco Prepare for COP22
21-Sep-2016 - Climate experts have been placed at the service of the Moroccan Government by the African Development Bank (AfDB) to support the preparation and organization of the upcoming 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). Morocco will host COP 22 from November 7-18, 2016.
African Development Bank reiterates commitment to support women’s empowerment in the Sahel
20-Sep-2016 - The African Development Bank has reiterated its commitment to support women’s empowerment and creation of employment opportunities for the women and youth in the Sahel.
AfDB and Government of India pledge to make Bank’s 2017 Annual Meetings a resounding success
19-Sep-2016 - The African Development Bank Group (AfDB) and the Government of India have pledged to make the Bank Group’s 2017 Annual Meetings a resounding success. The Meetings are scheduled to take place in Ahmedabad, the capital of the state of Gujarat, from May 22-26, 2017. The commitment followed a Memorandum of Understanding endorsed by both parties on Thursday, September 15, 2016, at the end of the Bank’s first Annual Meetings Preparatory mission to assess facilities and logistics for the event in Ahmedabad.Role of private sector necessary to help de-risk financing for agriculture
19-Sep-2016 - The African Green Revolution Forum, held in Nairobi, Kenya, from September 5-9, 2016, discussed how to de-risk risk agriculture financing. At a panel discussion on “Mobilizing Private Sector Financing for Agriculture”, the African Development Bank (AfDB) emphasised the importance of reducing risk in financing agriculture to bridge the US $30-billion funding gap and transform African agriculture.