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Ethics network unanimously nominates African Development Bank to chair its 2020 conference

16-Jul-2019 - Abidjan, Côte d’Ivoire, 15 July 2019 – The Ethics Office of the African Development Bank has been nominated to chair the 12th conference of the Ethics Network of Multilateral Organisations (ENMO) next year, to be hosted by the World Bank, possibly in Washington D.C, USA. The ENMO, consisting of United Nations bodies and international and regional financial institutions, made the unanimous nomination at their 11th conference, held at the headquarters of the European Patent Office in Munich, Germany last week.

African Development Bank Debars Lutoyilex Construct Ltd. and its Managing Director for 36 Months, for Fraudulent Practice

16-Jul-2019 - ABIDJAN, Côte d’Ivoire 16 July 2019 - The African Development Bank Group on 16 July 2019, announces the debarment of Lutoyilex Construct Limited, a construction company registered in Nigeria and its Managing Director, Mr. Bamidele Obiniyi (also known as Mr. Bamidele Abayomi) for a period of 36 months.

Angola, African Development Bank and Portugal Sign Lusophone country-specific compact to fast-track private sector investment

15-Jul-2019 - Angola is the latest African Portuguese speaking country to sign a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development.

African Development Bank, African Institute for Mathematical Sciences Next Einstein Initiative sign MOU to strengthen capacity in mathematics and science across the continent

15-Jul-2019 - Abidjan, Côte d’Ivoire, 15 July 2019 - The African Development Bank and the African Institute for Mathematical Sciences Next Einstein Initiative (AIMS-NEI), signed a Memorandum of Understanding on Monday to strengthen education, training and research in mathematical sciences in Africa.

African Development Bank, Global Mechanism of the United Nations Convention to Combat Desertification join forces to strengthen capacity in climate change and land degradation

15-Jul-2019 - The African Development Bank and the Global Mechanism of the United Nations Convention to Combat Desertification (GM/UNCCD), in partnership with UN Women, are joining  forces to strengthen the capacity of African stakeholders to tackle climate change.

Call for Abstracts: 6th International Symposium on Knowledge and Capacity for the Water Sector

15-Jul-2019 - The African Development Bank is joining the IHE Delft Institute for Water Education, the Asian Development Bank, UN Habitat and other development partners, in preparing the 6th International Symposium on Knowledge and Capacity for the Water Sector, themed: From Capacity Development to Implementation Science.

Africa Investment Forum 2019 : présentation le 23 juillet à Casablanca

15-Jul-2019 -   La Banque africaine de développement, en partenariat avec le fonds Africa 50 et la Banque européenne de reconstruction et de développement, organise, le 23 juillet à Casablanca, au Maroc, une présentation de l’Africa Investment Forum, premier marché de l’investissement en Afrique. La 2ème édition de l’Africa Investment Forum se déroulera du 11 au 13 novembre prochains à Johannesburg, en Afrique du Sud.

Africa Investment Forum (AIF)

12-Jul-2019 - Africa Investment Forum (AIF): 7-9 November, 2018, Johannesburg, South Africa  

Board approves Independent Review Mechanism’s recommendations of the first monitoring report on Modern Mills of Mali (M3) Project

12-Jul-2019 - On 10 July 2019, the Board of Directors of the African Development Bank Group approved recommendations of the first monitoring report of the Independent Review Mechanism (IRM) on the «Diversification of Activities of the Modern Mills of Mali” (M3) Project in Mali.  

La Banque africaine de développement soutient le démarrage du Marché financier unifié d’Afrique centrale

12-Jul-2019 - Abidjan, 10 juillet 2019 - La Banque africaine de développement (BAD) réunit les acteurs du marché financier régional en Afrique centrale pour promouvoir le démarrage du Marché financier unifié d’Afrique centrale, le 15 juillet à Douala au Cameroun.

African Development Bank approves new financing program for energy providers, 4.5 mln people in sub-Saharan Africa to benefit from off-grid power by 2025

12-Jul-2019 - Abidjan, Côte d’Ivoire, July 12, 2019 – The Board of Directors of the African Development Bank Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan Africa – about 4.5 million people -  gain access to solar power by 2025.

Africa Investment Forum 2019: African Development Bank delegation presents opportunities at Japan roadshow

11-Jul-2019 - Abidjan, Côte d’Ivoire, 11 July, 2019 -  Japanese companies and investors were presented with a range of investment opportunities in Africa as the African Investment Forum continued a roadshow to showcase the  Forum as an innovative investment marketplace for attracting capital for projects on the continent.

Standard Chartered Hosts Regional Correspondent Banking Academy in collaboration with the African Development Bank

11-Jul-2019 - The African Development Bank lent its support to Standard Chartered Bank’s Regional Correspondent Banking Academy, aimed at promoting responsible financial inclusion and fostering a collaborative approach to managing financial crime risk within Standard Chartered Bank’s correspondent banking portfolio.

African Union summit: Niger’s President calls for strong support to the Bank’s General Capital Increase and African Development Fund’s Replenishment

11-Jul-2019 - Niamey, Niger, 08 July 2019 – In his opening remarks at the plenary session of the Regional Economic Communities (RECs) meeting, in Niamey, the President of Niger, Mahamadou Issoufou, commended the African Development Bank for its highly valuable contributions to bringing the launch of the African Continental Free Trade Area agreement (AfCFTA) into fruition. President Issoufou called for strong support to the African Development Bank’s quest for a General Capital Increase, “that will help accelerate the continent’s development projects”.

Green Climate Fund announces $20m for African Development Bank’s Affirmative Finance Action for Women in Africa’s climate resilience project in Ghana

11-Jul-2019 - ABIDJAN, Cote d’Ivoire, 11 July 2019 - The Green Climate Fund has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sect

Africa Investment Forum 2019: Nigeria expected to be major player

10-Jul-2019 - ABUJA, Nigeria 10 July 2019 - Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja. Following the hugely successful inaugural edition held last year, the African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November.

“Join Africa50 to lay the foundations for a more prosperous Africa,” African Development Bank urges

10-Jul-2019 - KIGALI, Rwanda 10 July, 2019 – African governments must explore innovative technologies to drive transformation on the continent, board members at Africa50’s General Shareholders Meeting, held in Kigali heard on Wednesday. Prime Minister of Rwanda Edouard Ngirente made the call at the opening of the shareholders meeting. “Let’s explore these digital opportunities to move our continent forward,” the prime minister said.

African Development Bank, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development

09-Jul-2019 - Abidjan, Cote d’Ivoire, 09 July, 2019 - The African Development Bank and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa.

Angola to Sign Lusophone Country-Specific Compact

09-Jul-2019 - WHO: The Government of Angola, the Government of Portugal, and the African Development Bank WHAT: Lusophone Country-Specific Compact Signing Ceremony      WHERE: Luanda International Fair (FILDA), Special Economic Zone WHEN: 10 July 2019, 10:15-11:25 a.m.

Independent Development Evaluation Annual Report highlights a year of Delivering knowledge, engaging with stakeholders, and responding to evaluation needs to improve the lives of the people in Africa

08-Jul-2019 - On 21 May 2019,Independent Development Evaluation (IDEV) at the African Development Bank presented its 2018 Annual Report to the Bank’s Committee on Development Effectiveness.