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Cameroon: African Development Bank bolsters Central Africa presence with inauguration of new regional office in Yaoundé
15-Apr-2024 - In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon.
Propelling Africa’s Circular transformation: the African Development Bank to share insights at the 2024 World Circular Economy Forum
12-Apr-2024 - What: The 2024 World Circular Economy Forum Who: African Circular Economy Facility and African Circular Economy Alliance of the African Development Bank Group When: 15-18 April 2024 Where: The SQUARE Convention Center (African Booth), Belgium, Brussels; Click here to register online
African Development Bank enhances ENABLE Youth Programs for greater impact
12-Apr-2024 - The African Development Bank successfully concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led Employment (ENABLE) Youth Program in preparation for its next phase. The ENABLE Youth program helps young African men and women access financing to grow their enterprises. Currently active in 15 countries with investments exceeding $490 million, and benefiting around 40,000 youths, the program has emerged as a transformative force in fostering entrepreneurship and tackling youth unemployment.
African Development Bank publishes report on callable capital
12-Apr-2024 - The African Development Bank has published a report clarifying the legal framework, processes and governance for a call on the callable capital by the institution. Callable capital refers to the portion of the Bank’s capital that is subscribed by shareholders but not immediately paid. It represents a commitment to make additional capital available to the institution in the very unlikely event that it cannot meet its obligations on its debts or guarantees.
African Development Bank President Adesina to co-chair Clean Cooking in Africa Summit with leaders of Tanzania, Norway and International Energy Agency
11-Apr-2024 - The African Development Bank Group President Dr Akinwumi Adesina will co-chair the upcoming Summit on Clean Cooking in Africa alongside President Samia Suluhu Hassan of Tanzania, Prime Minister Jonas Gahr Støre of Norway and International Energy Agency Executive Director Fatih Birol.
2024-2029 Development priorities for Zambia: Infrastructure and Agricultural Value Chain
09-Apr-2024 - The Board of Directors of the African Development Bank Group has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas: Boosting the development of the private sector through investments in infrastructure and developing the country’s agricultural value chain.
African Development Bank appoints Ousmane Fall as Acting Director for the Industrial and Trade Development Department
09-Apr-2024 - The African Development Bank has appointed Ousmane Fall Acting Director of the Industrial and Trade Development Department. Fall will continue in his current role as Director of Non-Sovereign Operations (NSO) and Private Sector Support Department, where he oversees the Bank’s NSO Portfolio and provides leadership on the Bank’s investments in equity and private equity funds.
Liberia: The African Development Bank and Liberia Electricity Regulatory Commission Launch Regulatory Database Management System
09-Apr-2024 - The African Development Bank and the Liberia Electricity Regulatory Commission (LERC) have jointly launched a cutting-edge Regulatory Information Database Management System (RDBMS) to address regulatory bottlenecks through digitalization.
African Development Bank mission strengthens civil society collaboration in Ghana
09-Apr-2024 - The African Development Bank concluded a successful deep dive mission to Ghana aimed at solidifying its partnership with civil society organizations (CSOs) in West Africa. The mission, spanning 25-28 March 2024, focused on advancing an agreement signed between the Bank and the West Africa Civil Society Institute in December 2023 on an action plan for 2024, outlining collaboration in CSO capacity building, resource mobilization, knowledge management, and advocacy.
Africa Fertilizer Financing Mechanism to launch fertilizer financing for sustainable agriculture management project in Kenya
08-Apr-2024 - What: Launch of the Fertilizer Financing for Sustainable Agriculture Management Project in Kenya Who: The Africa Fertilizer Financing Mechanism When: Tuesday, 9 April 2024; 08:00 - 16:00 EAT Where: African Development Bank Group East Africa Regional Hub, Khushee Tower, Longonot Road, Upper Hill, Nairobi, Kenya
The African Development Bank presents three operational innovations from its EInA-North Africa initiative designed to improve the impact of entrepreneurship support programmes
08-Apr-2024 - The African Development Bank, through its entrepreneurship support initiative for North Africa, EInA (Entrepreneurship, Innovations and Advice), held a regional technical workshop on operational innovations to be adopted by countries in Cairo from 12 - 13 February 2024, to optimise the design of public support programmes for entrepreneurship and micro, small and medium-sized businesses (MSMEs).
Sierra Leone: African Development Bank Executive Directors visit key water project
08-Apr-2024 - A delegation of seven executive directors from the African Development Bank Group has visited a key water revamping project in Sierra Leone designed to transform water management and sanitation in the capital and beyond.
AFAWA Finance Series Togo: African Development Bank and African Guarantee Fund unite to strengthen female entrepreneurs' access to finance
08-Apr-2024 - The African Development Bank and the African Guarantee Fund (AGF) have brought the curtain down on the AFAWA Finance Series Togo conference, a key note event aimed at promoting a better understanding of the financing needs of Togolese women entrepreneurs and debunking the myth that women-run companies are risky ventures.
Media registration for African Development Bank Group’s Annual Meetings - Nairobi, Kenya, 27-31 May 2024
05-Apr-2024 - The African Development Bank Group will hold its 2024 Annual Meetings at the Kenyatta International Conference Center in Nairobi, from 27 to 31 May. Up to 3,000 delegates, including African heads of state, ministers, central bank governors, members of the development community, the private sector, and other stakeholders will attend. This year’s theme is “Africa’s Transformation, the African Development Bank Group, and the Reform of the Global Financial Architecture.”
Young people in the Central African Republic can now enter the digital professions thanks to fibre-optic capacities installed with AfDB and EU support
05-Apr-2024 - The two-storey building in downtown Bangui, the capital of the Central African Republic (CAR), has a futuristic air. First impressions don’t deceive: inside, a fully equipped digital training centre is tailor-made for online courses. The up-to-date equipment includes a digital printer to make prototypes of students’ designs.
African Development Bank and Central African Republic forge stronger alliance to tackle fragility and drive sustainable development
05-Apr-2024 - The African Development Bank and the Central African Republic (CAR) have reinforced their partnership during an official visit by Marie Laure Akin-Olugbade, Vice President for Regional Development and Business Delivery, from 25-27 March. Akin-Olugbade engaged with key stakeholders and government leaders, including President Faustin-Archange Touadera and Prime Minister Felix Moloua, reaffirming the Bank’s commitment to advancing the Central African Republic’s development agenda. She also met with development partners and beneficiaries of Bank-...
Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank YEI MDTF grant for green jobs in natural resources
05-Apr-2024 - The African Development Bank, through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth and people with disabilities.
African Legal Support Facility appoints Akere Muna as Goodwill Ambassador
05-Apr-2024 - The African Legal Support Facility (ALSF) has appointed Akere Muna, an eminent lawyer and international legal consultant, as Goodwill Ambassador, marking a new chapter in its commitment to build sustainable legal capacity on the African continent. Muna was appointed by the Governing Council of the ALSF for a term of three years - a first time in the history of the young institution.
African Development Bank Group to open regional office in Central Africa
04-Apr-2024 - What: Official opening of the African Development Bank Group’s regional office for Central Africa Who: Government of Cameroon, African Development Bank Group When: Tuesday 12 April 2024, at 10 am (GMT+1) Where: Yaoundé The African Development Bank Group will officially open its new office for Central Africa on 12 April 2024. The office is located in Yaoundé, Cameroon.