News & Events
12/10/2018 - As the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group begin in Bali Nusa Dua, Indonesia, we look back at one of the key moments of the 53rd Annual Meetings of the African Development Bank last May in Busan, Korea, where World Bank President Jim Yong Kim endorsed ongoing institutional reforms at the pan-African development institution under the leadership of President Akinwumi Adesina.
27/07/2018 - Tunisia and the African Development Bank have signed an agreement for the launch of a pilot project to use drones for data collection to enhance management of agricultural projects in the country.
- 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.