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African Development Bank to meet Nigerian business leaders next week ahead of African Investment Forum

04-Jul-2019 - 04-Jul-2019 - WHO:             African Development Bank, Africa Finance Corporation WHAT:           African Investment Forum Roadshow WHERE:         Transcorp Hilton, Abuja, Nigeria WHEN:           July 9, 2019 at 8.30 am   The African Development Bank Group, and the Africa Finance Corporation, will meet industry and business leaders in...

AU Summit: President Adesina to lead African Development Bank’s delegation, Continental Free Trade Area talks to top summit agenda

04-Jul-2019 - 04-Jul-2019 - Abidjan, Côte d'Ivoire, 4 July 2019 - African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the African Union (AU) in Niger’s capital, Niamey. High on the agenda of the July 7-8 summit are discussions on the African Continental Free Trade Area (AfCFTA). President Adesina will meet African leaders to review the continent's development issues, and hold talks on the effective implementation of the AfCFTA...

Africa needs bolder private financing models for power transmission lines - energy experts

04-Jul-2019 - 04-Jul-2019 - Abidjan, Cote d’Ivoire, 4 July 2019 – Africa’s power sector leaders must devise new mechanisms to attract more private sector investment into power transmission lines, energy experts agreed at a technical roundtable last week. The meeting, hosted by the African Development Bank to mark the 3rd Africa Energy Market Place (AEMP), explored how to structure private sector financing to meet the investment needs of transmission lines. It also covered the investment priorities of transmission companies, alternative funding options,...

La Banque africaine de développement organise un séminaire des Institutions financières de développement du secteur privé à Madagascar

02-Jul-2019 - 02-Jul-2019 - Qui:        Banque africaine de développement  Quoi:     Séminaire de la plateforme des institutions financières de développement pour le développement du secteur privé à Madagascar Où:        Centre de conférence international Ivato, salle Emeraude Quand:  04 juillet 2019, de 09h à 13h00 La Banque africaine de développement organise, pour la première fois, un séminaire de la plateforme des institutions financières...

“Nations may go through fragility, but they can exit and become stable, dynamic, prosperous and resilient to debilitating shocks,” says Akinwumi Adesina, President of the African Development Bank

02-Jul-2019 - 02-Jul-2019 - African Development Bank President Akinwumi Adesina has called for greater financial resources to expand the work of the African Development Fund, the concessional window of the Bank Group. Adesina made the appeal on Tuesday during the opening ceremony of a meeting to discuss the 15th replenishment of the Fund, held from 1 to 3 July in Antananarivo, the capital of Madagascar. Adesina said the Fund had played a substantial role in fragile African countries. The opening ceremony of the meeting was attended by representatives...

African Development Bank signs agreement to open Central Africa regional headquarters in Yaoundé

02-Jul-2019 - 02-Jul-2019 - Yaoundé, Cameroon, July 3, 2019 – The African Development Bank Group on Tuesday signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states to prop up economic integration. Cameroon’s Foreign Minister Lejeune Mbella Mbella and Khaled Sherif, Bank Vice President for Regional Development, Integration and Service Delivery, signed the agreement in Yaoundé. Top government officials, including 11 ministers and diplomats, attended the event...

African Development Bank on roadshow in Seoul and Tokyo to woo Asian investors ahead of 2019 Africa Investment Forum

01-Jul-2019 - 01-Jul-2019 - WHO: African Development Bank, Trade Development Bank WHAT: Africa Investment Forum Roadshow in Asia WHERE: Seoul, South Korea and Tokyo, Japan WHEN: 1st - 4th July, 2019 Representatives of the African Development Bank will meet Asian champions of industry and businesses this week in Seoul, South Korea and Tokyo, Japan to mobilize investors ahead of the Bank’s second Africa Investment Forum.     The Africa Investment Forum − the continent’s biggest investment marketplace for accelerated economic...

The African Development Fund improving and impacting lives of millions in Africa

01-Jul-2019 - 01-Jul-2019 - Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say. In 38 of the continent’s neediest countries, the Fund is creating linkages to promote regional integration, commercial exchanges and enhancing food security by investing in power projects, roads and bridges, and other critical industrial and livelihood buildouts....

Swiss Agency for Development and Cooperation supports Bank’s new Country Resilience and Fragility Assessment (CRFA) tool

01-Jul-2019 - 01-Jul-2019 - CAPTION: First row (l-r): Salimata Soumaré, Senior Natural Resources Governance Officer, African Natural Resources Centre; Georges Bohoussou, OIC, Country Manager, Togo; Pietro Toigo, Country Manager, Mozambique; Mateus Magala, Vice-President, CHVP; Marie-Laure Akin-Olugbade, Director General, RDGW; Jocelyne Ade-Legre, Principal Investment Climate Regulatory Officer, PITD; Sally Linda Dormeyan, Principal Institutional Capacity Development Officer, RDTS; Estelle Sawadogo, Operations and Finance Analyst, RDTS; surrounded by other...

African Development Bank VP Khaled Sherif champions private sector investment compact in Germany

01-Jul-2019 - 01-Jul-2019 - Photo caption: Khaled Sherif (forward left), African Development Bank Vice-President for Regional Development, Integration and Business Delivery, and Christoph Rauh (forward right), Director for Africa with the German Federal Ministry for Economic Cooperation and Development (BMZ), stand with the participants of a deep dive exercise hosted by the BMZ in Bonn, Germany.   Khaled Sherif, the African Development Bank’s Vice-President for Regional Development, Integration and Business Delivery, led a senior...

Madagascar : le Fonds africain de développement engage près de 1,2 milliards de dollars dans le développement

01-Jul-2019 - 01-Jul-2019 - Le président du Groupe de la Banque africaine de développement, Akinwumi Adesina, est arrivé ce jour à Antananarivo, Madagascar, où il a été accueilli par le ministre de l’Economie et des finances, Richard Randriamandrato. Cette visite s’inscrit dans le cadre de la deuxième réunion consultative sur la Quinzième reconstitution du Fonds africain de développement (FAD-15) qui se tiendra dans la capitale malgache, du 1 au 3 Juillet 2019....

Le Cameroun et la Banque africaine de développement signent, le 2 juillet, un accord pour établir, à Yaoundé, le siège du nouveau bureau pour l’Afrique centrale

01-Jul-2019 - 01-Jul-2019 - Le ministre camerounais des Relations extérieures, Lejeune Mbella Mbella et le vice-président de la Banque africaine de développement, en charge du développement régional, de l’intégration régionale et de la prestation de services, Khaled Sherif, signeront, ce mardi 2 juillet, un accord pour établir le siège du bureau régional pour l’Afrique centrale à Yaoundé, au Cameroun. Le nouveau bureau régional de développement, d’intégration et de prestation de services pour l’Afrique centrale, à l’instar de ceux mis en place en...