News & Events
- From: 26/07/2018 10:00
- To: 26/07/2018 12:00
- Location: Ministry of Development and international cooperation, Tunis, Tunisia
The Launching Ceremony of the Pilot Project on the Use of Drones in Agricultural Development Projects will be attended by Tunisia’s Minister of Development and International Cooperation and Minister of Agriculture, Water Resources and Fisheries. The Ambassador of the Republic of Korea, Vice Mayor of Busan Metropolitan City, and the Director General of the Regional Office of the African Development Bank for North Africa, will also participate in the event.
04/06/2018 - Inspired by Korea’s successful, rapid industrialization, the World Bank and the African Development Bank have pledged to increase investments in education, in financing for innovative technologies, in science and technology laboratories, and in providing risk guarantees to support initiatives to propel Africa’s industrialization.
01/06/2018 - Seven of the 10 countries in the world most threatened by climate change are in Africa. African economies are already suffering the devastating effects of climate change, further exacerbating their development challenges. In response, the African Development Bank is leading the way on what may be Africa’s most decisive action to ensure that the continent receives adequate climate finance.
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.
31/05/2018 - The African Development Bank’s Director General for the East African Region, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a US $1-million grant agreement to facilitate Sudan’s access to debt relief and to reintegrate it into the global economy.
31/05/2018 - At its 2018 Annual Meetings in Busan, Korea, the African Development Bank signed a 5-year, US $3-million Line of Credit (LoC) with Sierra Leone’s Union Trust Bank (UTB), the only indigenous private bank in Sierra Leone and an important provider of finance for indigenous micro, small and medium-sized enterprises. The LoC will primarily target local SMEs and women-owned businesses working in agriculture, energy, manufacturing and services, among others.
31/05/2018 - The Central African Minister of Economy, Planning and International Cooperation, Félix Moloua, and the Director General for Central Africa Regional Development and Business Delivery Office of the African Development Bank, Ousmane Doré, signed three grant agreements in Busan, Korea, of FCFA 22,107 billion to finance the fiber-optic backbone project for Central Africa – CAF component.
30/05/2018 - The African Development Bank Group has established a US $3-million Rockefeller Trust Fund, a joint effort of the Bank and The Rockefeller Foundation to help spur Africa’s transformation.
29/05/2018 - The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the sidelines of the Bank’s Annual Meetings, Busan, Korea.