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International Day of Forests: Interview with Modibo Traore, Officer-in-Charge and Chief Natural Resources Management Officer at the African Natural Resources Centre
21-Mar-2018 - How does the International Day of Forests, March 21, align with the African Development Bank’s work in natural resources management and the Bank’s High 5 development priorities?
International Day of Forests
21-Mar-2018 - On March 21, 2018, the world celebrates the International Day of Forests. It marks an occasion to shine the spotlight on the importance of sustaining and protecting woodlands and trees, which are vital to economies, livelihoods and environment. This year’s theme, ‘Forests and Sustainable Cities’, provides the platform to increase awareness on the role of forests in storing carbon, which helps mitigate the impacts of climate change in urban areas.
Governance is key to boosting intra-Africa trade of timber products, says report by African Natural Resources Centre, African Development Bank
21-Mar-2018 - A new report by the African Natural Resources Centre of the African Development Bank has stressed the importance of forestry governance to boosting intra-African trade of wood products.
International Day of Forests: Interview with Modibo Traore, Officer-in-Charge and Chief Natural Resources Management Officer at the African Natural Resources Centre
21-Mar-2018 - How does the International Day of Forests, March 21, align with the African Development Bank’s work in natural resources management and the Bank’s High 5 development priorities?Africa CEO Forum 2015 : La BAD encourage de véritables réformes pour un environnement des affaires incitatif
20-Mar-2018 - La Banque africaine de développement (BAD) a pris une part active au deuxième et dernier jour d’Africa CEO Forum qui s’est achevé le mardi 17 mars 2015 à Genève, avec les interventions de Solomon Asamoah, vice-président, Infrastructures, Secteur privé et Intégration régionale et de Kodeidja Diallo, directrice du Département du Secteur privé. Ils sont intervenus respectivement dans les panels sur « Doing Business en Afrique : les clés d’une (nécessaire) révolution » et « Accélérer la diversification des sources de financement du secteur privé...
The African Development Bank participates in the 8th World Water Forum: Sharing and Learning
19-Mar-2018 - The World Water Forum, which is the culmination of 3 years of global water actors’ consultations, opened in Brasilia to over 30,000 participants. Facilitated by the World Water Council, a global body with over 600 member organizations, it will focus on sharing experiences and advancements in the sustainable development and management of this precious resource for social and economic development. Much emphasis is put on the fact that water security has wide-ranging impacts on energy, agriculture, industrialization and health.
African Development Bank, partners fund construction of 208-kilometre regional road project in Rwanda
19-Mar-2018 - The African Development Bank, the European Union (EU) Delegation in Rwanda, Embassy of Japan in Rwanda and Japan International Cooperation Agency (JICA) joined the Government of Rwanda to launch the rehabilitation and widening of the Kagitumba-Kayonza-Rusumo road works in the Eastern province of Rwanda. The Bank’s US $93.1 million contribution represents 51% of the total cost for the project, which will directly serve 1.1 million and facilitate travel and trade between Rwanda, Uganda and the Eastern African region.Rwanda Innovation Fund project to receive US $30-million loan from African Development Bank
19-Mar-2018 - The Board of the African Development Bank Group has approved a loan of US $30 million to support the establishment of Rwanda Innovation Fund (RIF). The main objective of the project is to promote innovation economy in Rwanda and the East African Community (EAC) region. The resource will be used to establish an investment vehicle focused on funding Tech-Enabled Small and Medium-Sized Enterprises (SMEs) and to develop the country’s entrepreneurial/innovation ecosystem capacity.African Development Bank and the International Solar Alliance team up to drive solar development in Africa
16-Mar-2018 - The African Development Bank’s Vice-President for Power, Energy, Climate and Green Growth, Amadou Hott, took part in the Founding Conference of the International Solar Alliance (ISA) in New Delhi co-chaired by Prime Minister Narendra Modi of India and President Emmanuel Macron of France.
African Development Bank undertakes High Power Sector mission in Nigeria
16-Mar-2018 - The African Development Bank has undertaken a mission to hold further discussions on Nigeria’s Power Sector Recovery Program (PSRP) with several stakeholders in Abuja, the country’s capital, from March 14-16, 2018. The high-level mission was led by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate Change and Green Growth.African Development Bank launches US $2.0-billion 2.625% Fixed Rate Global Benchmark due 22 March 2021
16-Mar-2018 - On Wednesday, March 14, 2018, the African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch), priced a new US $2.0-billion 3-year Global Benchmark bond due 22 March 2021.
Korea ready to host African Development Bank’s Annual Meetings: Deputy Prime Minister
15-Mar-2018 - “Aside from the 2017 Winter Olympics, the Annual Meetings of the African Development Bank this May in Korea, is the most important event on our calendar,” says Deputy Prime Minister and Minister of Strategy and Finance, Kim Dong-yeon. He made the remarks in Seoul, while hosting a delegation led by Bank President Akinwumi Adesina. According to Kim, the meetings provide Korea with an opportunity to deepen relationships with the African Development Bank, African governments, and the private sector.
Raza Hasnani appointed Head of Infrastructure Investments at Africa50 Project Finance
15-Mar-2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Raza Hasnani as Head of Infrastructure Investments for Africa50 Project Finance.
Kimberly Heimert appointed General Counsel at Africa50
15-Mar-2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Kimberly Heimert as General Counsel.
African Development Bank commends Japan’s multi-billion-dollar support for Africa’s economic transformation
15-Mar-2018 - The President of the African Development Bank, Akinwumi Adesina, has commended the Government of Japan for its strong support of the Bank and its multi-billion economic transformation partnership with Africa. Adesina identified the private sector, energy and infrastructure development as key sectors that have benefited from Japan’s support.
African Development Bank's Economic Outlook shows decline in regional economies
13-Mar-2018 - The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports. The regional economic studies were released in Tunis (North Africa), Abidjan (West and Central Africa), Nairobi (Eastern Africa) and Pretoria (Southern Africa).Soutien de 15 millions de dollars de la Banque africaine de développement à Rawbank, première banque congolaise avec 24 % de parts de marché et 300 000 clients
13-Mar-2018 - Prêter c’est bien, mais prêter et accompagner le prêt avec une assistance technique, c’est sans doute encore mieux. Le 7 mars 2018, le Conseil d’administration de la Banque africaine de développement a accordé un prêt de 15 millions de dollars américains à la banque congolaise Rawbank, première banque commerciale du pays avec 24 % de parts de marché et 300 000 clients.
African Development Bank launches premier Regional Economic Outlook for Central Africa region
12-Mar-2018 - Following the successful launch of the 2018 edition of its flagship African Economic Outlook, the African Development Bank will on Monday, March 12, 2018 launch the regional versions of the Report. This is the first time in the African Economic Outlook’s 15-year history that an economic outlook report for each one of the Bank’s 5 regions in Africa has been prepared to complement the main report. The Regional Economic Outlook Report for Central Africa – a premiereAfrican Development Bank signs deal with International Solar Alliance to propel solar development in Africa
12-Mar-2018 - In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in Africa.