12-Nov-2019 - The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital.
The signing took place on the opening day of the second Africa Investment Forum, running from Monday to Wednesday in Johannesburg.
“It’s a great day for Ghana!” said Ghanaian President Nana Akufo-Addo. “I was here last year and I’m back this year to make sure the project moves forward. This proves how important the Africa Investment Forum is. The signing of this agreement is on track to...
12-Nov-2019 - Greater donor mobilization is needed to support the project preparation process that is so strategic for investment on the continent." These are the words of Patricia de Lille, South Africa’s Minister of Public Works and Infrastructure. She was part of the "Building early stage pipeline" panel discussion held at the Africa Investment Forum 2019 in Johannesburg, the economic capital of South Africa.
12-Nov-2019 - En marge de la 2ème édition de l’Africa Investment Forum (AIF) qui se tient du 11 au 13 novembre à Johannesburg, des économistes ont invité les Africains à se réapproprier le récit de leur propre histoire s’ils veulent améliorer le regard des investisseurs sur leur continent.
12-Nov-2019 - The U.S. International Development Finance Corporation (DFC) and the African Development Bank Group, today signed an agreement to mobilize private capital in support of development in Africa. The Memorandum of Understanding (MOU) was signed on the sidelines of the Africa Investment Forum in Johannesburg, South Africa.
Adam Boehler, DFC Chief Executive Officer said the multitude of urgent development challenges—from infrastructure development to financial inclusion and food security required collaboration with like-minded partners.
12-Nov-2019 - Africa has the potential to expand the continental economy fourfold, with energy demands expanding by only 50 percent, according to a new report. The International Energy Agency (IEA) unveiled its report on the first day of the second African Investment Forum in Johannesburg, South Africa.
12-Nov-2019 - This week, business leaders, project developers, development finance professionals, institutional investors representing pension and sovereign wealth funds, as well as policymakers meet in Johannesburg for the second Africa Investment Forum convened by the African Development Bank.
12-Nov-2019 - The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent.
EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent.
But the major deal is what the EIB has dubbed SheInvest. The EIB expects the gender-lending initiative to allow women to play a more active role in economies.
11-Nov-2019 - The Africa Investment Forum is making phenomenal progress in attracting interest from all over the world since launching at the Sandton Convention Centre last year. The value of boardroom transactions which will be negotiated this year will be considerably higher compared to $43bn in 2018.
A hundred and nine countries are represented at this year’s conference, 61 of which are not African, indicating growing international interest in the annual gathering.
11-Nov-2019 - The 2019 Africa Investment Forum opened on Monday living up to its promise to move from commitment to action. A $500 million equity deal presented by the Africa Infrastructure Investment Fund last year, to speed up investments in agriculture, and a $175 million equity transaction from the Africa Guarantee Fund for investors to support Small and Medium Size Enterprises, are among the transactions that found financial close over the past year.
11-Nov-2019 - For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival
Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa
11-Nov-2019 - The President of the African Development Bank Group, Akinwumi Adesina, has given the assurance that no country would be left behind as the institution accelerates its development agenda.
“No country is left behind and there will be no country,” Adesina told journalists on Monday at the Africa Investment Forum, held from 11 to 13 November in Johannesburg, South Africa. “We are ensuring that many investments are directed to fragile or low-income countries. We are not afraid to invest in Africa and in so-called ‘at-risk’ countries.”
11-Nov-2019 - Who: The African Development Bank’s African Financial Markets Initiative
What: Workshop on local currency bonds and capital markets development
Where: Intercontinental Addis Hotel, Addis Ababa, Ethiopia
When: 19th to 21st November 2019
The African Development Bank’s African Financial Markets Initiative (AFMI) will be hosting its 8th annual workshop on local currency bonds and capital markets development from 19th to 21st November 2019 in Addis Ababa, Ethiopia.
11-Nov-2019 - It was a presidential start on Monday to the African Development Bank’s Africa Investment Forum in Johannesburg, South Africa. Dignitaries and delegates from the continent and around the world gathered to listen to Presidents Cyril Ramaphosa of South Africa, Paul Kagame of Rwanda, Nana Akufo-Addo of Ghana and Prime Minister Agostinho do Rosario of Mozambique.
11-Nov-2019 - What: Launch of 2019 Electricity Regulatory Index and first Tariff Report
When: Wednesday, 13 November 2019, 9:00 am – 10:30 am
Where: Sandton Convention Center, Johannesburg, South Africa (Session Room 1)
Who: Wale Shonibare, Acting Vice President, Power, Energy, Climate & Green Growth Complex, African Development Bank ; Richard Nelson, Deputy Coordinator, Power Africa ; Professor Perez-Arriaga Jose Ignacio, Florence School of Regulation.
11-Nov-2019 - What: 2019 Conference on Land Policy in Africa
Who: African Development Bank, African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA)
When: 25-29 November 2019
Where: Sofitel Hotel, Abidjan, Cote d’Ivoire
10-Nov-2019 - The numbers tell the story. Africa’s infrastructure needs currently amount to a whopping $130 to $170 billion per year with a financing gap of $68 million to $108 billion. While this may sound insurmountable, it also presents an opportunity to foster innovative financial solutions and partnerships that have the potential to unlock funding.
10-Nov-2019 - “The training opened my eyes to see Africa as it is, and not as it is portrayed in the media,” said Thando Magudulela, a journalist with the South African Broadcasting Corporation, at the opening of the second edition of a reporting workshop hosted by the African Development Bank in South Africa.
Following the successful first edition in Abidjan last June, the African Development Bank and the Thomson Reuters Foundation organised the next phase of its collaboration from 6-8 November 2019, in Pretoria.
10-Nov-2019 - The Africa Investment Forum will be short on talk and heavy on deals, the South African Government, the African Development Bank and key partners affirmed at a press conference ahead of the 2019 edition of the event.
Organized by the African Development Bank and its partners, the second edition of the Forum, will take place from place from 11 to13 November 2019 in Johannesburg, South Africa. The multi-stakeholder transactional marketplace is aimed at raising capital, advancing projects to bankable stage and accelerating financial closure of...
09-Nov-2019 - Who: The African Development Bank in collaboration with Gauteng Province and the South African Government
What: Africa Investment Forum
Where: Sandton Convention Centre, Johannesburg, South Africa
When: 11-13 November, 2019
09-Nov-2019 - The African Development Bank’s New Deal on Energy for Africa underlines the urgency to power the continent in order to end energy poverty, catalyze industrialization, and stimulate socio-economic growth. The strategy is grounded in the recognition that access to reliable, affordable and sustainable energy is central to Africa’s development, and lifting populations out of poverty.