News & Events
31/05/2018 - The African Development Bank’s Director General for the East African Region, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a US $1-million grant agreement to facilitate Sudan’s access to debt relief and to reintegrate it into the global economy.
31/05/2018 - At its 2018 Annual Meetings in Busan, Korea, the African Development Bank signed a 5-year, US $3-million Line of Credit (LoC) with Sierra Leone’s Union Trust Bank (UTB), the only indigenous private bank in Sierra Leone and an important provider of finance for indigenous micro, small and medium-sized enterprises. The LoC will primarily target local SMEs and women-owned businesses working in agriculture, energy, manufacturing and services, among others.
30/05/2018 - The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund (SIF). The ceremony was witnessed by Albert Mafusire, the African Development Bank’s Principal Country Economist for Somalia, who represented the Bank’s Deputy Director General for East Africa and Country Manager for Somalia, Nnenna Nwabufo; the Italian Ambassador to Somalia, Carlo Campanile; and the Federal Government of Somalia’s newly appointed Minister of Public Works, Reconstruction and Housing, Abdifatah Mohamed Ibrahim.
27/04/2018 - The African Development Bank’s Deputy Director General for East Africa, Nnenna Nwabufo, represented the institution at the launch of the Say No to Famine – Short-Term Regional Emergency Response Project (STRERP) for Somalia.
14/02/2018 - "Africa is a pioneer in mobile banking and digital finance is a powerful lever we can use to deliver real change for the people at the bottom of the pyramid," African Development Bank Vice-President Pierre Guislain told participants at the second Africa Resilience Forum held last week in Abidjan.
08/02/2018 - The second edition of the Africa Resilience Forum organized by the African Development Bank opened Thursday, February 8, 2018 in Abidjan, Côte d’Ivoire. The Forum, an effective platform for the exchange of experiences and knowledge on fragility and resilience, brings together development partners and institutional actors in the sector, as well as about 15 start-ups that will present innovative and concrete solutions for strengthening people’s resilience.
07/02/2018 - More than 300 people were expected on Thursday, February 8 in Abidjan, Côte d'Ivoire, to attend the opening of the second edition of the Africa Resilience Forum organised by the African Development Bank on the theme “Building Resilience at the Bottom of the Pyramid.”
16/06/2017 - 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.
28/04/2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for urgent action to end rural poverty in Africa at a conference on the future of the rural world in Berlin.
21/04/2017 - The African Development Bank’s “10,000 Communities in 1,000 Days” Initiative was launched by Bank President Akinwumi Adesina during the inaugural African Resilience Forum in January 2017.