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AfDB President Akinwumi Adesina reiterates women’s crucial role in transforming agriculture
18-Jul-2016 - The President of the African Development Bank (AfDB), Akinwumi Adesina has reiterated the AfDB’s commitment to support empowerment of women in Agriculture in order to unlock the sector’s potential. He was speaking on 16 July at a high level meeting for Heads of States and Governments and partners for the implementation of Empowering Women in Agriculture (EWA) and of the Affirmative Finance Action for Women in Africa (AFAWA) initiatives, held at the sidelines of the 27th African Union Summit that took place from 17 July to 18 July in Kigali,...AfDB Approves USD 14 Million for its first Private Sector direct investment in Restoration of Degraded Forests through Sustainable Forest Plantations in Ghana
18-Jul-2016 - The Board of Directors of the African Development Bank Group (AfDB) on July 13, 2016 approved a USD 14 million senior loan through its private sector window to Form Ghana Ltd for restoration of degraded forest reserves through sustainably managed forest plantations. The Board decision supports the Bank’s contribution to inclusive and green growth, and its commitment to providing and leveraging well-placed finance for climate resilience.
AfDB Strengthens Parliamentary Staff Capacity on Budget Analyses and Preparation of Budget Briefs
18-Jul-2016 - The African Development Bank is hosting a five-day training program from Monday 18th to Friday 22nd July 2016, to provide Parliamentary Staff with critical skills in policy analysis. They will also be trained to analyze and synthesize data into policy briefs. This is to position them to prepare briefs which will then be distributed to relevant Parliamentary Committees to inform decision making and advisory functions.
AfDB to unveil key study on rural water and sanitation during the 6th Africa Water Week
18-Jul-2016 - The African Development Bank (AfDB) and the African Water Facility (AWF) will be participating in the 6th Africa Water Week (AWW-6), holding from 18-22 July 2016 at the Julius Nyerere International Convention Centre, Dar es Salaam, Tanzania. On 20 July 2016, the AfDB will unveil an independent study shedding light on the performance of rural water and sanitation in four African countries (Burkina Faso, Democratic Republic of Congo, Malawi and Rwanda) over the past ten years. Background
AfDB and Rwanda sign a USD 93 million financing agreement to rehabilitate a road project
18-Jul-2016 - The African Development Bank (AfDB) and the Government of Rwanda signed a new African Development Fund loan financing agreement and an European Union (EU) –Africa Infrastructure Trust Fund grant agreement for the amounts of US$ 93.1 million and USD $ 22.4 million respectively to finance the rehabilitation and widening of the Kagitumba-kayonza-Rusumo road (208 km) and the associa
AfDB Group announces USD 1-million emergency grant to mitigate severe malnutrition for Madagascar’s Great South Region
15-Jul-2016 - The African Development Bank has approved a USD 1 million emergency grant to fight the scourge of malnutrition in the Great South of Madagascar. The purpose of the grant is to improve the nutritional status of vulnerable groups by decreasing the severity of food insecurity as well as decreasing the overall acute malnutrition of children under the age of five years in the region. The Bank support will result in the increase of the number of households that have access to a nutritious diet through Food and Nutrition Assistance services.La BAD et le Maroc signent un accord de prêt de 157 millions $, pour développer le secteur financier
15-Jul-2016 - La Banque africaine de développement (BAD) et le Royaume du Maroc ont signé, jeudi 14 juillet 2016 à Abidjan, un accord de prêt de 157 millions de dollars EU, destiné à soutenir le Programme d’appui au renforcement de la stabilité et de l’inclusion financière (PARSIF) du Maroc.AfDB Boosts Ethiopia’s power industry with a USD 104 million loan
15-Jul-2016 - The African Development Bank has approved a USD 104 million loan to the Government of Ethiopia for a project which will sustainably extend power to industries, small businesses to enhance job creation and improve access to basic services in the country’s Tigray and Afar regions.14,73 millions de dollars de la BAD à la Guinée pour appuyer les réformes économiques et financières du pays
14-Jul-2016 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, le 13 juillet 2016 à Abidjan, en faveur de la Guinée, deux dons et deux prêts d’un montant total de 14,73 millions de dollars américains pour le financement de la troisième phase du Programme d’appui aux réformes économiques et financières (PAREF III).
AfDB helps Côte d’Ivoire train the next generation of agriculture entrepreneurs
14-Jul-2016 - The African Development Bank's Agriculture and Agro-industry Department (OSAN) in conjunction with the Ministry for the Promotion of Youth, Youth Employment, and Civic Engagement of Côte d'Ivoire held a workshop at the Bank in Abidjan on 8 July to reflect on the imperatives for the successful implementation of ENABLE Youth-Cote d'Ivoire (CI).Tunisie : un prêt de 268 millions € de la BAD pour moderniser le secteur financier
14-Jul-2016 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé, le 13 juillet 2016, à Abidjan, un prêt de 268 millions d’euros, destiné à soutenir le programme d’appui à la modernisation du secteur financier (PAMSFI). Ce programme, qui sera mis en œuvre sur la période 2016-2017, a pour but de contribuer à créer les conditions nécessaires pour une croissance économique accélérée, résiliente et inclusive, à travers un renforcement du rôle du secteur financier dans le financement de l’économie.Maroc : un prêt de 157 millions $ de la BAD pour appuyer le secteur financier
14-Jul-2016 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé, le 13 juillet 2016 à Abidjan, un prêt de 157 millions de dollars EU, destiné soutenir le Programme d’appui au renforcement de la stabilité et de l’inclusion financière (PARSIF) au Maroc.AfDB-Rwanda – Board approves USD 50 million for Skills, Entrepreneurship Development and Job Creation Programme
13-Jul-2016 - The Board of Directors of the African Development Bank (AfDB) has approved an African Development Fund (ADF) loan of USD 50 million to finance the third phase of the Skills, Employability and Entrepreneurship Programme (SEEP III) and jobs creation in Rwanda.
Official launch of the Tanzania Sustainable Energy for All (SE4All) Action Agenda and Investment Prospectus
13-Jul-2016 - Tanzania’s Minister of Energy and Minerals, Sospeter Muhongo officially launched the Sustainable Energy for All (SE4All) Action Agenda and Investment Prospectus for Tanzania during a workshop attended by the UN Resident Coordinator for Tanzania, Alvaro Rodriguez, the EU Ambassador to Tanzania, Roeland Van De Geer, and the AfDB’s Resident Representative in Tanzania, Tonia Kandiero.
Financial Markets: The African Development Bank and the African Securities Exchanges Association join forces to deepen Africa’s capital markets
13-Jul-2016 - The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed, on Monday 11 July 2016, a five-year Memorandum of Understanding (MoU) to amplify the impact of their strategically aligned joint efforts to promote resources mobilization to fund Africa's economic growth. This MoU will provide a collaborative framework for harmonizing and coordinating the efforts of AfDB, Africa's premier development finance institution, and ASEA, the apex body of African stock exchanges, towards deepening and connecting...
AfDB to host a design workshop for a continental risk-sharing facility to boost agriculture
12-Jul-2016 - The African Development Bank Group will host a workshop on “Establishing an African Agriculture Risk Sharing and Financing Mechanism” in Nairobi, Kenya, from 12-13 July 2016. The AfDB seeks to partner with African governments and financial institutions to design an innovative mechanism which will facilitate increase in financing to agriculture. This will be through de-risking agriculture value chains, reducing transaction costs and unlocking financial flows into the agriculture sector at scale across the continent.
AfDB announces the appointment of Dr. Celestin Monga as Chief Economist and Vice President, Economic Governance and Knowledge Management
11-Jul-2016 - The African Development Bank (AfDB) on Sunday, 10 July 2016 announced the appointment of Dr. Celestin Monga, a Cameroonian national and currently the Managing Director at the United Nations Industrial Development Organization (UNIDO), as the Bank’s Chief Economist and Vice President, Economic Governance and Knowledge Management. Monga has held various board and senior executive positions in academia, financial services and international development institutions.Le Groupe de la BAD et l’Association des bourses africaines signent un protocole d’entente
11-Jul-2016 - Le président du Groupe de la Banque africaine de développement (BAD), Akinwumi A. Adesina, reçoit, lundi 11 juillet 2016 à 14 h à Abidjan, en Côte d’Ivoire, Oscar N. Onyema, président de l’Association des bourses africaines (ASEA), accompagné d’une délégation de haut niveau du comité exécutif de l’ASEA. Cette rencontre s’inscrit dans le cadre du renforcement de la collaboration entre les deux institutions, dans le but de développer, d’approfondir et d’intégrer les marchés financiers africains. La rencontre vise à la signature d’un Protocole d’...