News & Events
08/06/2018 - A Mozambican delegation headed by Economy Minister Adriano Maleiane participated in the African Development Bank’s Annual Meetings in Busan, Korea, a key conference on economic affairs for the continent at which Finance Ministers from the Bank’s 80 Member States meet with academics, development partners and civil society organizations.
07/06/2018 - African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank’s Board of Directors in Abidjan approved the island nation’s new Country Strategy Paper 2018-2022.
06/06/2018 - The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft and Facebook – launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and matching graduates directly with ICT employers, this new Program prepares Africa’s youth for tomorrow’s jobs and unleashes the next generation of young digital innovators from the continent. Coding for Employment will create over 9 million jobs and reach 32 million youth and women across Africa.
31/05/2018 - At its 2018 Annual Meetings in Busan, Korea, the African Development Bank signed a 5-year, US $3-million Line of Credit (LoC) with Sierra Leone’s Union Trust Bank (UTB), the only indigenous private bank in Sierra Leone and an important provider of finance for indigenous micro, small and medium-sized enterprises. The LoC will primarily target local SMEs and women-owned businesses working in agriculture, energy, manufacturing and services, among others.
30/05/2018 - The African Development Bank Group has established a US $3-million Rockefeller Trust Fund, a joint effort of the Bank and The Rockefeller Foundation to help spur Africa’s transformation.
22/05/2018 - The 53rd Annual Meetings of the African Development Bank opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial revolution. Participants also advocated for a balance between the role of the State and the private sector.
09/05/2018 - The African Development Bank, in collaboration with the Government of Côte d’Ivoire, held an innovation and entrepreneurship competition and an African Youth Agripreneur Forum, or AgriPitch, in Abidjan on April 9-13, 2018. The competition selected the most promising young innovators and entrepreneurs in agriculture and agribusiness and provided competitors with training in innovative capacity.
02/05/2018 - Lundi 30 avril 2018, la Banque africaine de développement a entériné l’octroi d’un prêt de 8 millions d’euros en faveur d’un établissement tunisien de crédit spécialisé dans le leasing, Hannibal Lease. Outre cette ligne de crédit, la Banque lui offre également une subvention d’assistance technique, afin d’améliorer, notamment, son dispositif d’analyse et de maitrise des risques et de l’aider à mettre en place un système de gestion des effets environnementaux et sociaux de ses opérations.
24/04/2018 - Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could displace human labour, widen income inequality and contribute to greater informality in the workforce. Tapping new technologies in a way that maximizes benefits, mitigates adverse effects and shares benefits among all citizens will require public-private cooperation and smart public policy.