News & Events
19/09/2017 - Agriculture, which employs 70% of Togo's workforce and contributes nearly 39% of the country's Gross Domestic Product (GDP), is the mainstay of Togo’s economy.
In the effort to modernise agriculture, the government received assistance from the African Development Bank (AfDB) which enabled the creation of an e-wallet project that has transformed the lives of many of the country's agricultural producers.
31/05/2017 - E-governance is the future of development, and without it African countries will struggle, says Malawi’s Secretary to the Treasury, Ben Botolo. Featuring on a panel discussion on “Africa-India Partnerships in E-Governance” on Thursday, May 25, at the AfDB’s 52nd Annual Meetings, Botolo said Africa stands to benefit from e-governance as evidence shows that it reduces physical interface, thereby reducing costs.
25/05/2017 - Making a difference in people’s lives requires effective and high quality operations for long-term impacts. Effective tracking and transparency in achieving impact are instrumental to achieve the High 5 goals.
To scale up its impact, the African Development Bank announced the winners of the Africa Development Impact during its Annual Meetings in Ahmedabad, India, on May 24, 2017, with Lerato Mbele acting as master of ceremony and Nollywood actress Omotola J. Ekeinde handing over the awards.
13/12/2016 - On Friday, December 9, 2016, the Board of Directors of the African Development Bank Group (AfDB) approved a loan of €31.4 million and a grant of €12.5 million to the Republic of Niger to finance the national component of the project of the Trans-Saharan fiber-optic backbone (DTS). By establishing links between Niger, Chad, Algeria and Nigeria, and by consolidating their interconnections with other neighbouring countries (Benin and Burkina Faso), the backbone will increase access to high speed broadband, guaranteeing quality telecommunication services at an affordable price for both Nigerian and Chadian populations and businesses.
16/11/2016 - The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost production and growth in Africa
26/10/2016 - On Tuesday, October 25, 2016, the African Development Bank approved a US $25-million loan for a multinational project to establish a safety-of-life communications systems for Lake Victoria. The largest lake in Africa accommodates a fleet of 70,000 vessels, mostly individual fishermen, but lacks any alert or rescue systems. Consequently as many as 5,000 people die in the lake each year. The loan will finance the extension of GSM (Global System for Mobile Communications) networks on the lake and the creation of 22 rescues centres in Tanzania, Uganda and Kenya, contributing to save lives and stimulate business for the benefit of the economy of the entire Lake Victoria basin.
20/09/2016 - The African Development Bank has reiterated its commitment to support women’s empowerment and creation of employment opportunities for the women and youth in the Sahel.
Categories: Burkina Faso, United States of America, Human Capital Development, Agriculture & Agro-industries, Employment, Youth, Gender, Partnerships, Education, Information & Communication Technology
29/08/2016 - The African Development Bank (AfDB) President, Akinwumi Adesina, has addressed the challenge of creating jobs for youth in Africa, while outlining a number of initiatives the Bank is undertaking to stop the unemployment crisis from complicating Africa’s current security challenges.
28/08/2016 - Investing in infrastructure and human resource development are crucial for Africa to realise Agenda 2063, a high-level panel during the Sixth Tokyo International Conference on African Development (TICAD VI) heard Saturday in Nairobi.
Categories: Japan, Infrastructure, Regional Integration, Education, Transport, Information & Communication Technology, Partnerships, Employment, Youth, Enhanced Private Sector Assistance for Africa: EPSA Initiative
03/08/2016 - In the lead-up to the 2017 Triennale of the Association for the Development of Education in Africa (ADEA), the Kingdom of Morocco hosted the third regional consultation for the North Africa region on July 13-14 in Rabat.