News & Events
04/09/2017 - The African Development Bank (AfDB) and the Climate Investment Funds’ Forest Investment Program (CIF FIP) have released a report on how unlocking capital flows to foster forest sector development in Africa. The report builds on the results of the first African Forestry Investment Conference (AFIC) organized by AfDB in June this year in Accra, Ghana. Attended by over 70 participants, the conference highlighted the benefits of forestry investments in Ghana and in West Arica.
08/08/2017 - Cocoa production in Africa is set to take a turn for the better, as the African Development Bank (AfDB) begin plans to support producers of the crop on the continent.
Among other planned interventions, the Bank is considering support to Ghana and Côte d’Ivoire to reduce the volatility of the international prices of cocoa. Côte d’Ivoire leads the world in the production and export of cocoa.
04/08/2017 - The construction of a new terminal at Ghana’s flagship airport – Kotoka International Airport – is expected to make the country a destination of choice with a yearly target of 5 million passengers.
02/08/2017 - The President of the African Development Bank (AfDB), Akinwumi Adesina, is championing the transformation of the rural economies of African countries as the fastest way to lift millions of people out of poverty.
27/07/2017 - The President of the African Development Bank (AfDB), Akinwumi Adesina, will visit Ghana from 1-4 August 2017 as part of efforts to strengthen cooperation.
19/07/2017 - The Association for the Development of Education in Africa (ADEA) congratulated Ghana and Seychelles for having well-developed management information systems for their higher education institutions. This was at a technical workshop on Higher Education Management Information Systems (HEMIS) benchmarking organized by ADEA’s Working Group on Education Management and Policy Support (WGEMPS) and that of Higher Education (WGHE), in collaboration with the Association of African Universities (AAU). The technical workshop took place in Accra, Ghana, from June 29-30, 2017.
05/07/2017 - On June 7, 2017, the Board of Directors of the African Development Bank approved the Form Ghana Reforestation Project and the Southern Tunisia Gas Pipeline Project to undergo a Bank-triggered compliance review. This review, referred to as spot check advisory review of project compliance (Spot-Check Review), is part of the advisory functions provided by the Bank’s Independent Review Mechanism (IRM) for purposes of institutional learning.
04/07/2017 - Since 2005, Ghana continues to show steady improvements in economic growth of over 7% per year on average, making it the first African country to meet the Millennium Development Goal (MDG) 1 of eradicating extreme poverty and hunger. However, as growth has accelerated the disparities between the Northern and Southern broad regions, in terms of economic development, becomes clearer.
08/06/2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a €5 million equity participation in Investisseur & Partenaire pour le Développement 2 (IPDEV.2), to support Small Growing Businesses (SGBs) in Sub-Saharan Africa.