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16th African Water Facility Governing Council to meet in Abidjan

05-Dec-2016 - The African Water Facility (AWF) is hosting its 16th Governing Council meeting on Monday and Tuesday, December 5 and 6, 2016 at the Radisson Blu Hotel in Abidjan, Côte d’Ivoire.

The African Development Bank Group Appoints Ms. Atsuko Toda as Director for Agricultural Finance and Rural Development

05-Dec-2016 - The African Development Bank Group is pleased to announce the appointment of Ms. Atsuko Toda as Director for Agricultural Finance and Rural Development with effect from 1st December 2016.

Conference partners, Nigerian Minister engage with media on theme of Agro-Allied Industrialization for Inclusive Growth

05-Dec-2016 - Akinwumi Adesina, President of the African Development Bank (AfDB); Abdalla Hamdok, Acting Executive Secretary, United Nations Economic Commission for Africa (ECA); Abdoulaye Mar Dieye, UN Assistant Secretary General and Director, Regional Bureau for Africa, United Nations Development Programme (UNDP); and the Honourable Minister of Agriculture for Nigeria, Audu Ogbeh, kicked off the 11th African Economic Conference in Abuja on Monday, engaging with the media in a press conference immediately following the opening ceremony.

Opening Speech delivered by Dr. Akinwumi Adesina, President of African Development Bank, at the African Economic Conference, Abuja, December 5, 2016 on “Feed Africa: Towards Agro-allied Industrialization for Inclusive Growth”

05-Dec-2016 - Good morning! I wish to warmly welcome you all to this African Economic Conference, being held in Abuja. Unlocking the potential of agro-industrial development across all of Africa is what this conference is about. The choice of Nigeria to host this is significant: it is the most populous African country, with enormous potential in agriculture. If well managed, Nigeria has the potential to become a global powerhouse through agro-industrialization.

African Economic Conference Opening Statement by Dr. Abdalla Hamdok Acting Executive Secretary, United Nations Economic Commission for Africa (UNECA)

05-Dec-2016 - Your Excellency Muhammadu Buhari, President of the Federal Republic of Nigeria; Dr. Akinwumi A. ADESINA, President, African Development Bank Group; Mr. Abdoulaye Mar Dieye, UN Assistant Secretary General and Director, Regional Bureau for Africa, United Nations Development Programme (UNDP) Excellencies, Minsters, Ambassadors and head of Missions; Distinguished participants; Ladies and Gentlemen;

Opening Remarks delivered by Mr. Abdoulaye Mar Dieye United Nations Assistant Secretary-General, UNDP Assistant Administrator and Regional Director for Africa African Economic Conference 2016 Official Opening Ceremony

05-Dec-2016 - H. E. Muhammadu Buhari, President of the Federal Republic of Nigeria Mr. Akinwumi Adesina, President of the African Development Bank Mr. Abdalla Hamdok, Acting Executive Secretary of the United Nations Economic Commission for Africa Mr. Eric Maskin, Nobel Laureate in Economics (2007) Excellencies, Representatives of national and regional institutions, the private sector, and development partners, Distinguished participants,

African Economic Conference 2016: “Feeding Africa: Towards Agro-Allied Industrialization for Inclusive Growth”

05-Dec-2016 - Jointly organized by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (ECA) and the United Nations Development Programme (UNDP), the African Economic Conference (AEC) 2016 will take place in Abuja, Nigeria, from December 5 to 7, 2016 under the following theme: "Feeding Africa: Towards Agro-Allied Industrialization for Inclusive Growth.

African Economic Conference opens in Abuja: Agricultural transformation on the agenda

05-Dec-2016 - The 11th African Economic Conference (AEC) kicked off in Abuja, Nigeria, on Monday with a consensus on the need to scale up the continent’s agricultural transformation to spur industrialization and inclusive growth.

Premier appui budgétaire de la BAD à la Mauritanie, destiné à diversifier l’économie du pays

02-Dec-2016 - La Banque africaine de développement (BAD) et la Mauritanie ont signé, le 30 novembre 2016 à Abidjan, des accords de financement totalisant 9,2 millions de dollars américains, prêt et don cumulés. C’est une grande première, puisqu’il s’agit là du tout premier appui budgétaire de la Banque à la Mauritanie. Ce financement servira à la première phase du Programme d’appui aux réformes économiques et à la diversification de l’économie (PAREDE I) du pays.

African agripreneurs take the spotlight

02-Dec-2016 - On Friday 2nd December 2016, close to 25 young African agricultural entrepreneurs from various countries in the continent were welcomed at the AfDB’s headquarters in Abidjan as part of a seminar and series of experience-sharing workshops. The event was organized by the Bank’s Agriculture and Agro-Industries Department (OSAN), which is led by Chiji Ojukwu and supported by the International Institute of Tropical Agriculture, as well as the Ministry for the Promotion of Youth, Youth Employment and Civic Engagement in Côte d’Ivoire.

African Economic Conference 2016: Ending hunger and enabling food security in Africa

02-Dec-2016 - Researchers, policy-makers and development partners converge in Abuja, Nigeria, for the 11th African Economic Conference (AEC) from December 5-7, 2016, to share ideas on topical African development issues including how to end hunger and ensure food security in Africa.

Report reveals 12% growth in financial commitments to Africa’s infrastructure development in 2015

02-Dec-2016 - Financial commitments to Africa’s infrastructure development in 2015 totalled $83.4bn, a 12% increase from the previous year, a report by the Infrastructure Consortium for Africa’s (ICA) revealed. The Infrastructure Financing Trends in Africa 2015 report was released during the ICA annual meetings held in Abidjan, Côte d’Ivoire from November 22-23 under the theme: ““Building quality infrastructure for Africa’s development.”

Climate finance mobilization required to strengthen NDC ambition, says new report

02-Dec-2016 - The African Development Bank (AfDB) Climate Investment Funds (CIF) unit released in November a new study which details regional member countries’ progress in ratifying the Paris Agreement and their efforts to transition Intended Nationally Determined Contributions (INDCs) into Nationally Determined Contributions (NDCs).

Major rural water supply conference underway in Abidjan with AfDB’s support

01-Dec-2016 - A four-day meeting, to address the challenges facing rural water supply and to share perspectives on best practices, started on 29 November 2016 in Abidjan, with full support from the African Development Bank (AfDB). The forum brought together more than 500 participants, comprising government officials, policy makers, scientists, researchers and private sector representatives.

“CSOs, essential partners for AfDB to achieve results and impact on the ground,” says Maria Mulindi, Senior Advisor to AfDB President

01-Dec-2016 - “Civil society organizations are essential partners for the African Development Bank (AfDB) to achieve results on the ground, and have positive impact on the lives of project beneficiaries,” said Maria Mulindi, Senior Advisor to AfDB President for Civil society and Community-Based Organizations. She was speaking at the closing ceremony of the AfDB regional consultations meeting with Southern Africa civil society organizations (CSOs) on 30 November 30 in Johannesburg, South Africa.

ALSF Management Board approves work plan and budget for 2017

30-Nov-2016 - The African Legal Support Facility (ALSF) Management Board met in Abidjan, Côte d’Ivoire to provide strategic guidance for the ALSF’s planned future direction and operations. The meeting was held under the leadership of the new Chairman, Seward Cooper, and focused on a number of items, namely the ALSF’s financial statements as of September 2016, the work plan and budget for 2017, the report on the review of the Medium Term Strategy (MTS) 2013–2017 as well as progress on the implementation of projects. 

AfDB and United Bank for Africa Plc sign US$ 150 million Line of Credit

30-Nov-2016 - The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria.

PIDA Week 2016 ends with pledge to make infrastructure development a key enabler to youth employment

30-Nov-2016 - Officials from the African Union (AU), the NEPAD Agency and the African Development Bank (AfDB) reaffirmed their commitment to ensure employment opportunities are included in infrastructure project design to create inclusive growth and sustainable development in Africa. The pledge was made at the closing ceremony of the second annual Programme for Infrastructure Development (PIDA) Week in Abidjan, Côte d’Ivoire.

AfDB and CRDB Bank Plc of Tanzania sign US$120 million loan agreement to finance infrastructure and SMEs

30-Nov-2016 - The African Development Bank Group (AfDB) and CRDB Bank Plc (CRDB) of Tanzania signed a US$ 120 million loan agreement in Nairobi on November 30, 2016 to finance infrastructure and SME projects in Tanzania. The loan will support infrastructure development, particularly the power and transport sectors, which is a major constraint for Tanzania’s economic diversification and growth.

AfDB to strengthen partnership with East Africa CSOs on its operational priorities

29-Nov-2016 - The African Development Bank (AfDB) will organize from December 7 to 9, 2016 a regional consultation meeting with East African civil society organizations (CSOs) in Nairobi, Kenya, at Best Western Premier Nairobi. The meeting will be the fourth of a series of five regional consultations with African civil society organizations after the ones organized for West Africa in Dakar from 31 August to 2 September 2016, for Central Africa in Yaoundé from 28-30 September 2016 and for Southern Africa in Johannesburg from 28-30 November.