News & Events
16/04/2018 - For the first time ever, the African Development Bank has released summaries of the African Economic Outlook (AEO), its main flagship report, in three African languages: Arabic, Hausa and Kiswahili. These three languages are among the most widely spoken by over 300 million Africans. Releasing the report in local languages aims to increase accessibility of the publication’s findings to a large segment of Africans and promote linguistic inclusiveness. This release is also the latest innovation for increasing the relevance and timeliness of the African Economic Outlook.
Categories: Niger, Mali, Benin, Morocco, Tunisia, Egypt, Algeria, Libya, Mauritania, Cameroon, Democratic Republic of Congo, Burundi, Burkina Faso, Côte d’Ivoire, Ghana, Nigeria, Sudan, Chad, Togo, Comoros, Kenya, Malawi, Mozambique, Uganda, Rwanda, Somalia, Tanzania
07/03/2018 - "This is no longer business as usual," African Development Bank President Akinwumi Adesina, said at the start of meetings with Finance Ministers from North African countries, held at the Bank's headquarters.
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Youth, Partnerships, Employment, The High 5s, Poverty Reduction, Regional Integration, Private Sector, The President, Infrastructure & Regional Integration
07/03/2018 - The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.”
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Nigeria, Ghana, South Africa, Youth, Poverty Reduction, Employment, Regional Integration, Partnerships, Infrastructure, Private Sector, The High 5s, Infrastructure & Regional Integration
23/02/2018 - During a meeting organized by the African Development Bank in Cairo, Egypt, 11 February 2018 organized on the theme, "improving partnerships in higher education, research and development; promoting brain circulation," participants observed that brain drain is partly responsible for Africa's underdevelopment. They argue that better management of "brain circulation", can help curb this trend. The meeting, attended by more than 45 participants, was part of the Science, Technology and Innovation (STI) Forum organized from 10 to 12 February 2018.
15/02/2018 - African Ministers and heads of delegations attending the third Forum on Science, Technology and Innovation (STI) in Africa in Cairo, Egypt, on February 10-12, have committed to support the continent's youth to build tomorrow's society through innovation.
13/02/2018 - The President of the African Development Bank, Akinwumi Adesina, and the Government of the Arab Republic of Egypt are championing a new push for African countries to work together towards building a new Africa driven by innovation and technology.
The two parties, who spoke at the opening ceremony of the third Africa Science, Technology and Innovation Forum (Africa STI Forum) on Saturday in Cairo, called for greater investment in higher education, science, technology and innovation, and the commercialization of research outputs.
09/02/2018 - The third edition of the 2018 Africa STI Forum, co-organized by the African Development Bank and the Egyptian Government, opens Saturday, February 10 in Cairo, Egypt.
On February 10, Egyptian President Abdel Fattah el-Sisi will attend the opening ceremony alongside the President of the African Development Bank, Akinwumi Adesina, and the Egyptian Minister of Higher Education and Scientific Research, Khaled Abdel Ghaffar.
17/01/2018 - The Board of Directors of the African Development Bank has approved a US $500-million loan to finance Egypt’s Economic Governance and Energy Support Program Phase III. This is the last in a series of three annual loans worth a total of US $1.5 billion covering the fiscal years 2015-2016 to 2017-2018 for the Economic Governance and Energy Support Program Based Operation.
21/12/2017 - In support of the Egyptian Government’s efforts to ensure safe living conditions, the African Development Bank has approved financing amounting to US$ 150 million for the expansion of the essential waste-water treatment plant at Abu Rawash in the Giza Governorate. The funding targets a total treatment capacity of 1.6 million m3/day, intended to benefit over eight million people.