News & Events
07/06/2018 - African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank’s Board of Directors in Abidjan approved the island nation’s new Country Strategy Paper 2018-2022.
06/06/2018 - The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft and Facebook – launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and matching graduates directly with ICT employers, this new Program prepares Africa’s youth for tomorrow’s jobs and unleashes the next generation of young digital innovators from the continent. Coding for Employment will create over 9 million jobs and reach 32 million youth and women across Africa.
04/06/2018 - On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental and health challenges posed by plastic waste.
01/06/2018 - The African Development Bank Director General for East Africa, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a grant agreement (Rural Livelihoods’ Adaptation to Climate Change in the Horn of Africa II) of about US $7 million on May 23, 2018 during the African Development Bank Annual Meetings in Busan, Korea.
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.
21/05/2018 - The African Leaders for Nutrition (ALN) initiative aims to mobilize political action and leadership for nutrition in Africa by building a high-level forum that strengthens government policies and financial commitment to end malnutrition. It is part of eight flagship programs launched under the African Development Bank High 5 priorities that include “Feed Africa” and “Improve the quality of life for the people of African”.
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.
26/04/2018 - At a national event at Jamhuri Stadium in Tanzania’s capital, Dodoma, marking the 54th anniversary of the United Republic of Tanzania – the union of the Republic of Tanganyika and the People’s Republic of Zanzibar – Tanzania’s President John Pombe Magufuli praised the African Development Bank for financing projects that have had a transformative impact in his country.
24/04/2018 - On the occasion of World Malaria Day 2018, April 25, the African Development Bank has released Money and Mosquitoes: The Economics of Malaria in an Age of declining Aid. Authors include Harvard University’s Nobel laureate economist Eric Maskin; African Development Bank Group Vice-President for Economic Governance and Knowledge Management, Célestin Monga; Josselin Thuilliez of the French National Centre for Scientific Research, and Jean-Claude Berthélémy, Professor of Economics at the University of Paris 1 – Panthéon-Sorbonne and Corresponding Member of the Institut de France.
18/04/2018 - The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated a landmark relationship aimed at building an industry-led research institution in the league of the Massachusetts Institute of Technology.