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African Development Bank Shareholders approve landmark $115 billion capital increase, signalling strong support

31-Oct-2019 - Bank's capital base more than doubles. Jumps from $93 billion to $208 billion Largest capital increase in the Bank's history signals a united front by shareholders At an extraordinary shareholders’ meeting today in Abidjan, Governors of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent’s foremost financial institution.

Modernizing African agriculture: Tunisia’s drone project shows the way

30-Oct-2019 - A workshop in Tunis organised by the African Development Bank last week followed on the heels of on a pilot project on the use of drones to boost agricultural productivity in Sidi Bouzid, in the central region of Tunisia. The aim of the workshop was to share knowledge and best practices for the introduction of drones in agriculture, drawing on the experience of the pilot project, with more than 150 participants from the public and private sectors.

Tchad: La Banque africaine de développement œuvre en faveur de l’éducation des filles

30-Oct-2019 - La Banque africaine de développement et le gouvernement du Tchad ont célébré, vendredi 25 octobre à N’Djamena, la restitution des travaux de rénovation du lycée féminin bilingue d’Amriguébé.

African Development Bank Group’s Board of Governors to hold fifth extraordinary meeting in Abidjan

30-Oct-2019 - Who:              Board of Governors of the African Development Bank Group What:             5th extraordinary meeting of the Board of Governors Where:           Abidjan, Hotel Ivoire, Côte d’Ivoire When:            31 October 2019  

Nigeria country office of the African Development Bank launches jobs report

30-Oct-2019 - The Nigeria country office of the African Development Bank on 28 October 2019 launched the Bank’s ‘Creating Decent Jobs: Strategies, policies and instruments’ report in Nigeria. The report, first launched last month in Abidjan, cites growth in the African labour force as the fastest globally. However, successive years of robust macroeconomic policies, which have aided the remarkable economic growth rates for nearly two decades, have not created the jobs required to absorb the increasingly growing labour market entrants or led to sufficient...

Plaidoyer pour une intégration économique de l’Afrique

29-Oct-2019 - NOUS vivons dans cette ère de la complexité où les évidences elles-mêmes, ont besoin de démonstration pour être acceptées. Certains points de vue, portés par des préjugés tenaces et une vision monolithique, ont cette fâcheuse tendance à présenter l’Afrique comme un même pays, ayant une même culture. Au-delà de la vision simplificatrice et idyllique, nous voudrions ne retenir de ces points de vue, que le rêve qu’ils permettent de nourrir : celui de voir tous les pays du continent parfaitement intégrés dans une seule et même entité mais riche de...

Angola: African Development Bank approves $165 million for economic diversification

29-Oct-2019 - The Board of Directors of the African Development Bank Group on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability. The Angolan government is implementing reforms to diversify its oil-dependent economy and has adopted measures to improve human and social development to restore fiscal balance after the economy was hit by a global slump in oil prices and repeated droughts.

African Development Bank, New Development Bank partner to deliver life-changing projects for millions of Africans

28-Oct-2019 - The African Development Bank and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans. Under the deal, the New Development Bank −a multilateral development bank established by BRICS countries of Brazil, Russia, India, China and South Africa – will work with the African Development Bank to jointly identify, prepare and co-finance projects in countries of mutual interest.

La Banque africaine de développement soutient l’économie de la mode en Afrique

25-Oct-2019 - La Banque africaine de développement, a organisé la quatrième édition des Masterclass Fashionomics Africa, du 16 au 17 octobre à Abidjan, en collaboration avec i-Hub Abidjan, Afreximbank, Suguba, Google Digital Skills for Africa, Kinaya Ventures. L’événement ciblait les entrepreneurs du textile, de l'habillement et des accessoires de mode.

African Development Bank climate change initiative: Top experts form the Adaptation Benefits Mechanism board

24-Oct-2019 - The African Development Bank has appointed a group of renowned experts to the board of a continental initiative to mobilize financing for resilience to the negative impacts of climate change.

2019 African Economic Conference in Sharm el-Sheikh to foster jobs, entrepreneurship and capacity development for African youths

24-Oct-2019 - What: African Economic Conference Who: African Development Bank, Economic Commission for Africa, United Nations Development Programme When: 2-4 December 2019 Where: Sharm el-Sheikh, Egypt   The 2019 African Economic Conference (AEC), the leading platform for networking, dialogue and knowledge-sharing on pertinent issues facing Africa, will take place 2-4 December 2019 in Sharm el-Sheikh, Egypt.

Investing in Portuguese-Speaking Africa: The Moment is Now

24-Oct-2019 - Economic reforms, a burgeoning middle class and regional diversity against the background of the new African Continental Free Trade Area - are making Africa’s Portuguese-speaking countries a hotspot for investor interest. Additionally, new tools – such as the Development Finance Compact for Lusophone Africa – give investors and lenders more comfort to enter into these markets.

Seedstars World partners with African Development Bank to propel youth startups and jobs

23-Oct-2019 - Seedstars World, a Swiss-based startup competition in emerging markets, and the African Development Bank on Tuesday announced a strategic partnership to implement its innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa.

Nigeria: African Development Bank to launch ‘Creating Decent Jobs: Strategies, policies and instruments’ report in Abuja

23-Oct-2019 - Who:                     African Development Bank, Macroeconomics Policy, Forecasting and Research Department     What:                    Launch of the ‘Creating Decent Jobs: Strategies, policies and instruments’ report Venue:                  African Development Bank, Nigeria Country Department, Abuja When:                   Monday 28 October 2019 Time:                    9.00 am – 12.30 pm

How the Africa Investment Forum is transforming the continent’s approach to infrastructure projects

23-Oct-2019 - Streaming across the new bridge linking the Gambia and Senegal earlier this year, cars, trucks and pedestrians celebrated a new era of integration between the two West African countries.  For the first time in over half a century, traders and everyday commuters could travel from one half of the Gambia to the other in a matter of hours, instead of an entire day, or even longer.

African Development Bank to hold completion workshop on Tunisia drones trial in the agricultural sector

23-Oct-2019 - What: Workshop and Exhibition on drone use in agriculture Who:  African Development Bank When: 30 October 2019 Where: Mövenpick Hotel du Lac Tunis, Tunisia   The African Development Bank will host a completion workshop on 30 October, 2019 in Tunis to share lessons learned from the pilot project of using drones to improve the agricultural productivity in the Sidi Bouzid region of central Tunisia.

African Development Bank funds Angola initiative to improve business environment and diversify exports

23-Oct-2019 - The Angolan Government has launched a study funded by the Bank through the KOAFEC trust fund to support the improvement of export diversification and the business environment.

Mali : la Banque africaine de développement consulte la société civile sur le Document de stratégie pays

22-Oct-2019 - Le Bureau national du Mali de la Banque africaine de développement, avec l’appui de sa Division société civile et engagement communautaire (AHGC2), a organisé sa première consultation de la société civile, le jeudi 17 octobre 2019. Tenue dans le cadre de l’exercice d’élaboration du Document de stratégie pays (DSP) du Mali pour la période 2020-2024, la rencontre, s’est déroulée au siège du Conseil national de la société civile du Mali (CNSC).

African Development Bank and Three Regional Development Banks Launch Joint Report on Livable Cities

19-Oct-2019 - Rapid urbanization has provided most cities in the world with opportunities to provide more sustainable, vibrant, and prosperous centers for their citizens. But they must first address challenges such as inadequate infrastructure investments, pollution and congestion, and poor urban planning, according to a new report released today. 

World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators

18-Oct-2019 - The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies.