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Annual Meetings of the Boards of Governors of the African Development Bank Group, 11 - 14 June, 2019
18-Jun-2019 - WHAT: The 54th Meeting of the Boards of Governors of the African Development Bank and the 45th Annual Meeting of the African Development Fund WHERE: Sipopo Conference Centre, Malabo, Equatorial Guinea WHEN: 11 - 14 June, 2019 The 54th Meeting of the Boards of Governors of the African Development Bank and the 45th Annual Meeting of the African Development Fund, the concessional arm of the Bank Group, will be held in Malabo, Republic of Equatorial Guinea from 11 to 14 June 2019.Dialogue structuré d’Abidjan : sur une décentralisation des contributions déterminées au niveau national
18-Jun-2019 - Quoi : Conférence pour l’échange et la coopération entre les autorités nationales et locales africaines sur l’atteinte des objectifs en matière d’adaptation et d’atténuation du changement climatique Qui : Ministres, maires et chefs de municipalités africaines, présidents d’associations et partenaires techniques et financiers Quand : 15-16 Mai 2019 Où : Banque africaine de développement (siège et immeuble CCIA), Abidjan, Côte d’Ivoire
Launch of the Africa Digital Financial Inclusion Facility
18-Jun-2019 - The African Development Bank, with donor partners, will launch the Africa Digital Financial Inclusion Facility (ADFI) on 12 June 2019 at the Bank’s Annual Meetings in Malabo, Equatorial Guinea. ADFI is an innovative financing facility designed to accelerate digital financial inclusion across Africa, with a goal of ensuring that 332 million more Africans, of which, 60% are women, have access to the formal economy.The President of the African Development Bank begins an official visit to the Democratic Republic of Congo from June 17 to 20, 2019
17-Jun-2019 - The President of the African Development Bank, Dr. Akinwumi Ayodeji Adesina and a delegation begin a four-day official visit to the Democratic Republic of Congo (DRC), at the invitation of President Felix Antoine Tshisekedi Tshilombo. During the visit, intended to strengthen the bilateral partnership between the Bank Group and the DRC, Adesina will meet with the Congolese Head of State and discuss development issues.Final communique of the fifty fourth annual meeting of the board of governors of the African Development Bank (ADB) and the forty fifth annual meeting of the board of governors of the African Development Fund (ADF)
15-Jun-2019 - WE, the Governors, representing Member Countries of the African Development Bank and State Participants of the African Development Fund (the “Bank Group”), meeting in Malabo, Equatorial Guinea for the 2019 Annual Meetings from 11th to 14th June 2019 under the chairmanship of His Excellency CESAR AUGUSTO MBA ABOGO, Governor for the Republic of Equatorial Guinea, Minister of Finance and Chairperson of the Boards of Governors:
“Let’s learn to build it ourselves,” Bank Vice President Sherif in a clarion call to regional economic blocs
14-Jun-2019 - “The day we see an Egyptian farming in Sudan, growing wheat, rather than Egypt getting its wheat from Ukraine, Russia - this is regional integration. The day we see a Sierra Leonean mining his diamond and selling that diamond for the $10,000 that it deserves, not just rough stones but cut and polished, with added value; this is a different Africa”.
African Development Bank showcases impact of Korean drone technology on agricultural productivity
14-Jun-2019 - At a special event highlighting the partnership between the African Development Bank and Korea held on the sidelines of the Bank’s Annual Meetings, the role of drone technology to boost food productivity in Africa, was on full display. A pilot project, underway in Tunisia, is designed to reduce food imports. Drone technology is being used to collect and analyse data, and monitor irrigated areas, combat pests. The Bank launched the project, in cooperation with the Busan Metropolitan City in Korea with support from the Korea-Africa Cooperation...Africa ready to commit to free trade
14-Jun-2019 - A growing commitment to a free trade area deal by the continent’s leaders will spur efforts to create the world’s largest free trade zone. “There’s light at the end of the tunnel,” Mukhtar Abdu, Director of the Industrial and Trade department said.
La Banque africaine de développement accorde un financement supplémentaire aux Comores pour le secteur de l’énergie
14-Jun-2019 - La Directrice Générale Adjointe de la Banque pour l’Afrique de l’Est, Nwabufo Nnenna, et le Ministre des Finances et du Budget des Comores, Saïd-Ali-Saïd Chayhane, ont signé, jeudi, un accord de financement supplémentaire de 8,63 millions d’euros, en marge des Assemblées annuelles de la Banque à Malabo, en Guinée équatoriale. Grâce à ce financement de la Banque, le gouvernement des Comores sera en mesure de poursuivre ses réformes dans le secteur de l’énergie, entamées en 2014, dans le cadre du Projet d’appui au secteur de l’énergie (PASEC).
Flying ‘sky-high’: African Development Bank Annual Meetings conclude with consensus on regional integration
14-Jun-2019 - The African Development Bank on Friday concluded its Annual Meetings, amid growing consensus that regional integration is imperative to a new phase in African prosperity. Around 2,000 delegates gathered in Malabo, Equatorial Guinea, to discuss ways to fast-track regional integration after the milestone African Continental Free Area (AfCFTA) was endorsed earlier this year.
Interview - Korea Program on International Agriculture (KOPIA)
14-Jun-2019 - Korea imported 900,000 tons of rice every year in the 1970s and became self-sufficient in five years. What made this happen? First, it was thanks to technology development. Korean scientists concentrated their efforts on developing new varieties of rice and succeeded in making their own high-yielding varieties.
Switzerland gives 3.2 million Swiss francs to African Development Bank’s ‘Boost Africa’ E-Lab and urban development fund
13-Jun-2019 - The State Secretariat for Economic Affairs of the Government of the Swiss Confederation (SECO) and the African Development Bank on Thursday signed two agreements to fund African initiatives on the sidelines of the Bank’s 2019 Annual Meetings. SECO contributed 3 million Swiss francs to the Entrepreneurship Lab (E-Lab) for innovative young entrepreneurs and 200,000 Swiss francs to the Urban & Municipal Development Fund for Africa (UMDF), which helps African cities plan and manage urban growth and climate-resilient development by improving...
Gambia President Adama Barrow awarded the Great Builder Super Prize – The Africa Road Builders Babacar Ndiaye Trophy 2019
13-Jun-2019 - At a ceremony held on the sidelines of the Annual Meetings of the African Development Bank Group on Wednesday, 12 June, the president of Gambia, Adama Barrow, was awarded the Great Builder Super Prize – The Africa Road Builders Babacar Ndiaye Trophy 2019, for his personal leadership in building the Senegambia bridge that links Gambia to Senegal.
Despite Challenges, Africa's Debt is still under control says African Development Bank
13-Jun-2019 - The African Development Bank remains strong with growing operating revenues and allocable income generated since 2010 reaching $2.5 billion, the Bank Group’s Treasurer, Hassatou Diop N'sele, stated on Thursday. In 2018, the Bank earned $214 million in allocable income, 48% of which has been reinvested in the institution to reinforce reserves and its business growth capacity. The bullish numbers were revealed during the Bank’s Financial presentation Thursday, a highlight of the 2019 Annual Meetings of the Bank currently underway in Malabo,...
‘Sometimes you need to relocate elephants’ to advance regional integration – Europe, South America and Asia share insights
13-Jun-2019 - Would you describe yourself as an African? Or is your primary identity based on your nationality? That was one of the thought-provoking questions raised by senior German official Dominik Ziller during a panel discussion on regional integration at the Annual Meetings of the African Development Bank in Malabo, Equatorial Guinea.
Switzerland Governor Raymond Furrer on the two bilateral agreements signed during the Bank’s Annual Meetings in Malabo
13-Jun-2019 - Q 1. Switzerland just signed two bilateral agreements for grants with the African Development Bank. Can you tell us about them? Indeed, we signed a CHF 3,000,000 grant to support the Boost Africa/E-lab initiative. Boost Africa is a joint initiative between the African Development Bank and the European Investment Bank (EIB), and one of the flagship initiatives of the Bank’s Jobs for Youth in Africa strategy. It aims to harness the continent’s potential and create opportunities on the ground.
“To integrate Africa, bring down the walls,” Adesina urges at 2019 African Development Bank Annual Meetings Open in Malabo
12-Jun-2019 - African leaders on Wednesday underscored the urgent need to fast-track the continent’s regional integration process in order to accelerate Africa’s economic transformation. The call was made at the opening ceremony of the Bank’s 2019 Annual Meetings, in Malabo, Equatorial Guinea, with the theme: “Regional Integration for Africa’s Economic Prosperity.” “Apart and divided, Africa is weakened. Together and united, Africa will be unstoppable,” the Bank’s President Akinwumi Adesina told delegates at the packed Sipopo Conference Center.
African leaders share their vision for an integrated continent
12-Jun-2019 - Leaders from four African countries on Wednesday shared their vision for an integrated and borderless Africa that would foster economic growth and development. The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s 2019 Annual Meetings.
African Development Bank, African Union-NEPAD, partners launch African Agri-Business Engine for private sector agricultural finance with FAPA grant
12-Jun-2019 - The African Development Bank and the Fund for African Private Sector Assistance (FAPA), a multi-donor trust fund financed by the Governments of Japan and Austria, today launched the African Agri-Business Engine (AABE) in Malabo. FAPA provides grants for technical assistance activities in Africa, and is one of the components of the Enhanced Private Sector Assistance (EPSA) initiative hosted at the African Development Bank.