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AfDB, African Legal Support Facility lead call for energy in Africa at Copenhagen forum
19-Jun-2017 - The African Legal Support Facility (ALSF) and the African Development Bank (AfDB) are leading renewed calls for global investment towards an electrified Africa. They made the call at the 19th Africa Energy Forum concluded recently in Copenhagen, Denmark, June 7-9. “We are all looking at the same pipelines throughout the continent. As a result, there exist obvious areas of cooperation,” said João Duarte Cunha, AfDB’s Chief Climate Finance Officer.
The African Development Bank announces the appointment of Vanessa Moungar as Director for Gender, Women and Civil Society
19-Jun-2017 - The African Development Bank is pleased to announce the appointment of Vanessa Moungar as Director of Gender, Women and Civil Society with effect from 1st July 2017. A citizen of Chad and France, Moungar brings along diverse experience from the public and private sectors, as well as an extensive global network. She has a solid track record of high-level policy dialogue and partnership building to accelerate the continent’s transformation agenda.
Paul Biya manifeste son soutien au président de la BAD : « Grâce à vos efforts, le développement de l’Afrique va s’accélérer »
18-Jun-2017 - « Nous apprécions ce que vous accomplissez pour l’Afrique en général et pour le Cameroun en particulier. Grâce à vos efforts, le développement de l’Afrique va s’accélérer » a déclaré, en substance, le président de la République Paul Biya, lors de l’audience qu’il a accordée au président du Groupe de la Banque africaine de développement (BAD), Akinwumi Adesina, lundi 17 juillet 2017 à Yaoundé, à l’occasion de sa visite officielle au Cameroun.
AfDB working with partners to accelerate implementation of drought resilience programme
16-Jun-2017 - Ahead of World Day to Combat Desertification and Drought, the African Development Bank (AfDB) announced that it would work with partners to accelerate the implementation of the Drought Resilience Sustainable Livelihood Support Programme (DRSLP) in the Horn of Africa.AfDB approves US$ 15 million equity investment in Shore Capital Fund to support inclusive growth in Africa
16-Jun-2017 - The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15 million investment in Shore Capital Fund III, a multinational Private Equity Fund which promotes financial inclusion by supporting financial institutions serving Africa’s low income and emerging middle-class communities.
Adesina: It's time to reboot and boost US-Africa commerce and investments
15-Jun-2017 - Flagging data showing the steep fall in trade between Africa and the United States of America, AfDB President Akinwumi Adesina called for a reboot and boost of the erstwhile robust economic relations that existed between the two sides.
AfDB and Export Trading Group (ETG) sign US$ 100 million non-sovereign guarantee corporate loan
15-Jun-2017 - The African Development Bank (AfDB) Group and Export Trading Group (ETG) marked a significant milestone on May 30 with the signing of a US$ 100 million loan to finance part of the company’s Agricultural Investment Program (IP) in Africa which will promote employment for youths and women, and adopt an integrated value-chain approach that emphasizes access to regional and global markets.Urgent policies required for inclusive tourism growth, intra-Africa trade and visa openness, says Africa Tourism Monitor
15-Jun-2017 - More than ever before, African countries need to craft economic and trade policies that will foster inclusive and green tourism growth, intra-Africa trade, and contribute to visa openness for a borderless and interconnected continent, according to the latest edition of the Africa Tourism Monitor.
AfDB, Japan International Cooperation Agency sign US $300-million loan for Enhanced Private Sector Assistance
15-Jun-2017 - The Japan International Cooperation Agency (JICA) has signed a JPY 34.41 billion (about US$ 300 million) loan agreement with the African Development Bank under the Enhanced Private Sector Assistance (EPSA) initiative which is a component of Japan’s Official Development Assistance (ODA) to Africa. The “Seventh Private Sector Assistance Loan” carries an interest rate of 0.35%, to be repaid in 40 years after a 10-year grace period. The loan is intended to promote economic growth and reduce poverty in Africa by supporting the private sector...AfDB President Adesina receives Lifetime Achievement Award for Child Nutrition
14-Jun-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, was honored with the 2017 Gene White Lifetime Achievement Award by the Global Child Nutrition Foundation (GCNF) in Washington, DC, on Tuesday, June 13, 2017. The award is in recognition of Adesina’s life-long work towards advancing agricultural development, which has contributed significantly to food security, particularly in Africa.AfDB approves US $100 million for Export Trading Group’s soft commodity value chain operations in sub-Saharan Africa
14-Jun-2017 - The African Development Bank has approved a US $100- million facility to finance Export Trading Group (ETG’s) soft commodity value chain operations in sub-Saharan Africa.
Poll ranks Adesina among 100 most reputable persons on earth
13-Jun-2017 - The President of the African Development Bank (AfDB), Akinwumi Adesina, has been rated one of the 100 most reputable personalities in the world on the 2017 Most Reputable People on Earth list released by South Africa-based Reputation Poll. Reputation Poll described the ranking as “a list of individuals across the globe that have amassed high reputation for themselves through their work and achievements.” The list features individuals from diverse sectors, including policy, entertainment, leadership, education and business.
African Forestry Investment Conference (AFIC)
13-Jun-2017 - The African Development Bank (AfDB) is co-organizing the first African Forestry Investment Conference (AFIC) in Accra, Ghana, on June 13 and 14, 2017.The Board of Directors of the African Development Bank approves Uganda’s Country Strategy Paper 2017-2021
13-Jun-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved Uganda’s Country Strategy Paper (CSP) for 2017-2021, which focuses on infrastructure development for industrialization; skills and capacity development.
African Development Bank Supports Afe Babalola University Expansion with a US$40 Million loan
13-Jun-2017 - The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The expansion plan consists of construction of new facilities - including a 400-bed teaching hospital, an industrial research park, a post-graduate school, student hostels, a central library, and a small scale hydro power installation.
G20, African countries explore opportunities to increase investments in Africa at Berlin conference
12-Jun-2017 - The President of the African Development Bank, Akinwumi Adesina, joined leaders from African countries and G20 members in Berlin on Monday to discuss opportunities to enhance the business environment and increase investment in Africa. A common refrain on the opening day of the two-day conference – “G20 Africa Partnership – Investing in a Common Future” – hosted by Germany under its G20 Presidency was that Africa’s time has come and opportunities for investment on the continent abound.
2016 was Business Unusual for AfDB’s Independent Evaluation, says Annual Report
12-Jun-2017 - Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published its Annual Report 2016, a year marked by the delivery of an exceptional report, the Comprehensive Evaluation of the AfDB’s Development Results, and a transformation process to meet new evaluation needs.
20 million Africans benefit from transport and ICT projects financed by AfDB in 2016
12-Jun-2017 - Transport and information and communication technology (ICT) projects financed by the African Development Bank (AfDB) in 2016 would have a positive impact on the living conditions of close to 20 million Africans over the next few years. The AfDB made this forecast in the Annual Report of the Infrastructure, Cities and Urban Development Department, published on 9 June 2017.