26-Sep-2019 - Leaders should devise an “incentive structure” to promote a startup culture among young Africans. “I think they will produce the magic,” Albert Muchanga, the African Union’s Commissioner for Trade and Industry, told a gathering on infrastructure at the United Nations on Wednesday.
Muchanga said colleagues were working to “harmonise our policies, rules and regulations” to smooth cross-border trade while focusing on the next generation.
26-Sep-2019 - La Banque africaine de développement organise, les 3 et 4 octobre prochains à Tunis, un atelier de présentation de ses opportunités d’affaires.
Cet évènement entend offrir aux opérateurs privés et publics nord-africains un cadre d’échange permettant de renforcer le dialogue et d’identifier de nouvelles opportunités d’investissement et de financement. Un séminaire qui verra notamment la participation de petites et moyennes entreprises issues des secteurs de l’industrie, du génie civil, des travaux publics et du conseil.
25-Sep-2019 - Leaders gathering for the United Nations General Assembly from 17-30 September 2019 in New York have made a strong plea for enhanced South-South cooperation to strengthen food security during a session co-hosted by the African Development Bank.
Speaking as part of this session on the role of South-South cooperation to achieve sustainable development for food security, Dr. Akinwumi Adesina, President of the African Development Bank, issued a call for rapid and immediate action.
25-Sep-2019 - African Development Bank President Akinwumi Adesina on Tuesday pledged to boost funding commitments by $12.5bn to help countries adapt to the effects of climate change between 2020 and 2025. Addressing UN talks on climate change adaptation, Adesina said the Bank was doubling commitments to climate finance to $25bn for the five-year period, half of which would fund climate adaptation.
25-Sep-2019 - “Energy, passion and a lot of young people who care about nutrition” will underpin the Scaling Up Nutrition (SUN) Movement’s newest phase, alongside stronger private sector engagement, members of the Lead Group heard on Tuesday.
The meeting of the group’s leaders took place at the UNICEF headquarters in New York on the sidelines of the UN General Assembly. The participants met to decide on the continuation of the SUN Movement into its third phase (2021-2025) and to make commitments to achieve its key objective – to eliminate all forms of...
25-Sep-2019 - African Development Bank President Akinwumi Adesina on Tuesday unveiled ambitious plans to scrap coal power stations across the continent and switch to renewable energy at United Nations climate talks on Monday.
Addressing a gathering of leaders and officials from almost 200 countries in New York, Adesina outlined efforts to shutter coal-fired power plants and build the "largest solar zone in the world" in the arid Sahel belt.
25-Sep-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, mardi 24 septembre à Abidjan, une ligne de crédit de 22,5 millions d’euros, dont 15 millions de ressources de la Banque et 7,5 millions de ressources de Africa Growing Together Fund (AGTF: Fonds de cofinancement Banque africaine de développement et Banque Populaire de Chine), pour soutenir la Banque nationale pour le développement économique (BNDE) du Sénégal.
25-Sep-2019 - Niger's President Mahamadou Issoufou called on Sunday for a "global response" to the problems of land degradation that threaten the arid Sahel belt.
Addressing a meeting of the Climate Commission for the Sahel Region at the United Nations, Mahamadou said the region's 250 million people are struggling with drought, desertification and other impacts of climate change.
"The situation in the Sahel has global stakes, and it requires a global response," said Issoufou.
25-Sep-2019 - African women are on the cusp of securing gender equality. “We are convinced that the moment for African women has now come,” said Antoinette Sassou Nguesso, the First Lady of the Republic of Congo.
Nguesso made the remarks on Tuesday at a meeting of the Organization of African First Ladies for Development (OAFLAD) on the sidelines of the UN General Assembly.
“The tiger doesn’t claim its tigerhood, and it has to act like a tiger,” Nguesso, president of OAFLAD, said in French via an interpreter.
23-Sep-2019 - With an estimated 390 million people living in extreme poverty, hunger and food insecurity, Africa is in a race against time to deliver on its regional and global development goals.
On the sidelines of the UN General Assembly on Sunday, African heads of states and governments met to emphasize urgent collective action and the need for greater collaboration between the United Nations and the African Development Bank to fast-track Africa’s development.
23-Sep-2019 - A l’issue de la réunion de suivi des annonces (de financement) du « Groupe de Nouakchott », la Banque africaine de développement a annoncé apporter 267 millions de dollars américains pour financer la réalisation des projets du Programme d’investissement prioritaire (PIP) du G5 Sahel.
Cette réunion avait pour objectif d’effectuer le suivi des engagements donnés en faveur du PIP à l’occasion d’une conférence entre le G5 Sahel et ses partenaires, tenue fin 2018 à Nouakchott. Une rencontre qui a permis de recueillir des annonces de financement d’...
23-Sep-2019 - Multilateral Development Banks have been at the forefront of supporting our clients’ efforts to pursue ambitious climate action for more than a decade. In light of growing climate change impacts, including on the poorest and most vulnerable, each of our institutions is taking urgent action to help our clients adapt to and mitigate climate risks. These actions include:
ACTION 1: Each institution has individually committed to support increased climate finance levels over time:
23-Sep-2019 -
In recent years, “stranded assets” have attracted a lot of interest, as climate-driven changes to our physical environment amplify the calls for a seamless transition to low-carbon pathways.
More than 185 countries have agreed to leave two-thirds of proven fossil fuels in the ground, in order to meet the Paris Agreement climate target of keeping global warming below 2 degrees Celsius.
20-Sep-2019 - The Board of the African Development Bank approved a proposal for $17.7 million on 5 September, 2019 to finance the first social sector project in South Sudan since the Bank’s engagement in the country in 2012. The project will increase access to improved basic education for children in the Upper Nile, Unity, Jonglei and Eastern Equatoria states and regions.
20-Sep-2019 - The African Development Bank, through its African Natural Resources Centre, will take part in the 15th annual general meeting of the intergovernmental forum on mining, minerals, metals and sustainable development. The meeting will take place from October 7 to 11 2019, at the Palais des Nations in Geneva, Switzerland.
Themed “Mining in a Changing Climate,” the forum is a unique opportunity to engage with governments from over 70 forum member nations, and representatives from the private sector, multilateral organisations, civil society and...
20-Sep-2019 - The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF), a new private equity fund developed by All On, a Nigerian impact investment firm financed by Shell. NEAF will make strategic investments in sustainable energy in Nigeria, particularly in the country’s burgeoning off-grid and mini-grid sectors.
18-Sep-2019 - The Angola country office of the African Development Bank on 10 September 2019 marked the Group’s 55th anniversary with a cocktail reception in Luanda, during which dignitaries toasted the Bank’s fruitful partnership and transformative work in Angola and Africa.
The dignitaries included senior government officials, diplomats, development partners and representatives of financial institutions and project coordinators.
17-Sep-2019 - Le ministre de l’Économie, de la planification et de l’administration du territoire, également gouverneur de la Banque africaine de développement pour le Cameroun, Alamine Ousmane Mey, a ouvert, ce lundi 16 septembre à Yaoundé, au Cameroun, l’atelier de restitution du Document de stratégie d’intégration régionale de l’Afrique centrale, pour la période 2019-2025 (DSIR-AC).