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African Development Bank approves Mozambique’s Country Strategy paper 2018-2022
27-Jun-2018 - Mozambique’s agriculture sector plays a paramount role in its economy, in particular from a rural growth perspective, given its large yet untapped potential for agro-business and agricultural value chains. The private sector also remains a critical player in the country’s development process. However, lack of infrastructure and support to agricultural transformation and value chain development have disadvantaged rural populations and the country’s agriculture potential.International lawmakers gather in Abidjan to mark 20 years Jubilee of the African Development Bank’s administrative tribunal
27-Jun-2018 - The Administrative Tribunal of the African Development Bank Group will celebrate its 20th anniversary on 28-29 June 2018 at the Headquarters of the Bank in Abidjan, Côte d’Ivoire. International lawmakers are expected to attend an International Colloquium, hosted by the Bank, under the theme: “International administrative justice and International organizations: Overview and prospects”.
The African CEO Infrastructure Project Developers Summit calls on Governments to Help Bring Projects to Financial Close More Rapidly
27-Jun-2018 - Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure investment platform, co-hosted the fourth Ai CEO Infrastructure Project Developers Summit on June 18 in Mauritius.Améliorer les transports routiers : La Banque africaine de développement alloue 55,75 milliards de francs CFA au Sénégal
27-Jun-2018 - L’absence d’une infrastructure de transport routier viable est un obstacle majeur à l’intégration régionale et aux échanges commerciaux. Au Sénégal, les régions sud en pâtissent : enclavées, elles ne peuvent bénéficier de la politique de renforcement de la valeur ajoutée des produits du secteur primaire ni s’attaquer aux sources de fragilité.
Gouvernance des infrastructures : la table-ronde de Grand-Bassam se penche sur les freins aux financements
26-Jun-2018 - « Il y a pour les pays africains une urgence particulière à disposer d’infrastructures durables.
African Development Bank President awarded Togo’s highest civilian honor
26-Jun-2018 - President of the African Development Bank, Akinwumi Adesina, has been honored with the Commander of the Order of Mono− the highest civil honor of Togo. The national honour, bestowed on personalities who have shown exceptional merit, was awarded by the Head of State of Togo, Faure Essozimna Gnassingbé, on the sidelines of a visit to Togo for the launch of the Mécanisme Indicatif de Financement Agricole (MIFA), a program aimed at improving farmers’ access to finance.Long term strategic vision, vital to leveraging sustainable infrastructure, stakeholders agree at roundtable
26-Jun-2018 - Africa has huge infrastructure gap, estimated at $130-170 billion per year. However, this infrastructure gap goes beyond just financing. There is a lack of good governance of infrastructure too. This was the focus of the Second Global Roundtable on Infrastructure Governance, organized by the African Development Bank and World Bank, which kicked off in Grand Bassam, Abidjan, Cote d’Ivoire, on 21 June 2018, under the theme “Building the right infrastructure for tomorrow”.« Améliorer la gouvernance est une condition sine qua non pour combler le gap de financement des infrastructures en Afrique » - Pierre Guislain, vice-président de la Banque africaine de développement
26-Jun-2018 - Vendredi 22 juin 2018, au deuxième jour de la table ronde sur la gouvernance des infrastructures organisée par la Banque africaine de développement et le Groupe de la Banque mondiale à Grand-Bassam (Côte d’Ivoire), le vice-président de la Banque africaine de développement chargé du Secteur privé, de l‘infrastructure et de l’industrialisation, Pierre Guislain, a partagé son expérience sur les questions de développement des infrastructures en Afrique et ailleurs.Uganda: African Development Bank approves US$62 million loan for delivery of water and sanitation to strategic towns
25-Jun-2018 - In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its Strategic Towns Water Supply and Sanitation Project (STWSSP). The project, to be implemented in 10 towns spread across the country over a five-year period, is designed to enable the government’s achieve sustainable provision of safe water and sanitation for the urban population by 2030. This in turn will help improved health and productivity in the targeted towns.
With ALSF support, Seychelles launches tender for the development of a 4-MW solar PV plant
21-Jun-2018 - With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles Minister of Environment, Energy and Climate Change. Wallace Cosgrow, announced the launch of the tender of the right to develop, finance, own and operate a 4MW floating grid-connected solar PV plant in le Rocher Lagoon, Mahé.
African Legal Support Facility receives an award from Africa Energy Forum
21-Jun-2018 - In keeping with its focus on energy security and development, the ALSF alongside the African Development Bank attended the 20th Africa Energy Forum (AEF), taking place from 19-22 June in La Morne, Mauritius. Every year, the Africa Energy Forum strives to connect African government representatives in the power sector with private and public solution-providers. During this year’s meetings, the African Energy Forum presented an award to the ALSF for its impact in Africa.
Building sustainable Infrastructure for the Future: African Development Bank and World Bank host global roundtable on infrastructure governance
20-Jun-2018 - The African Development Bank and the World Bank are hosting the Second Global Roundtable on Infrastructure governance and tools from 21-22 June 2018 in Grand Bassam, 41 Km south east of Abidjan, Côte d’Ivoire, to share perspectives on impacts of poor infrastructure governance on economic growth.
African Development Bank to launch 1st Electricity Regulatory Index
20-Jun-2018 - The African Development Bank will on 20 June 2018 launch its flagship Electricity Regulatory Index (ERI) – a special report that measures the level of development of the regulatory frameworks in African countries and examines their impact on the performance of their respective electricity sectors.
African Development Bank launches first Electricity Regulatory Index for Africa
20-Jun-2018 - Though the majority of African countries have developed relatively robust institutional frameworks for the regulation of their electricity sectors, much work remains in strengthening regulatory independence, says the Electricity Regulatory Index for Africa (ERI) – a crucial new report by the African Development Bank.African Development Bank joins Global Infrastructure Facility as Technical Partner
19-Jun-2018 - Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that are considered as drivers for growth, regional integration and industrialization. It is in this optic that the African Development Bank Group signed a Financial Procedures Agreement with the World Bank Group (the GIF Trustee) on 18th of April 2018 as Technical Partner of the Global Infrastructure Facility (GIF).
African Development Bank invests in Sudan agribusiness
19-Jun-2018 - To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan. Mohamed Zaghloul, Executive Director representing Egypt and Djibouti, said, “The Bank’s support to the development of key agricultural value chains and market access is timely and will go a long way in helping Sudan in its efforts to revive its agriculture sector.”
Preventing conflicts could save between 5 and 70 billion dollars, according to a study by the African Development Bank
19-Jun-2018 - “Prevention is better than cure”. This wise advice makes even more sense when you read a study entitled Pathways for Peace. Inclusive Approaches to Preventing Violent Conflict, presented on Monday 18 June at the African Development Bank Headquarters in Abidjan.
Côte d'Ivoire: African Development Bank to help mobilize over CFAF 15 billion to finance pay-as-you-go solar home systems
15-Jun-2018 - In very remote rural areas of some African countries, access to electricity for low-income people is still through traditional and outdated systems such as battery-powered flashlights or oil lamps that pollute and are extremely harmful to health.