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World Hepatitis Day: WHO urges bolder commitment, resources for 2030 elimination target

30-Jul-2019 - 30-Jul-2019 - Marking this year’s annual World Hepatitis Day on 28 July, the World Health Organization has called for increased financing for hepatitis prevention, testing, treatment, and care services in the context of universal health coverage (UHC). The theme, “Invest in eliminating hepatitis” highlights new research indicating that about $6 billion in investments is required annually to resource the health sector to achieve global elimination targets by 2030. Today, more than 325 million people live with viral hepatitis B and C,...

From youth empowerment to youth investment: the Jobs for Youth in Africa strategy

30-Jul-2019 - 30-Jul-2019 - Africa’s greatest asset is its young people. However, without harnessing their potential and equipping them with skills of the future, restless, hungry, unemployed young people could also be Africa’s biggest problem. On 27 July 2019, while attending the Tony Elumelu Foundation (TEF) entrepreneurship forum in Abuja, Nigeria, African Development Bank President Akinwumi Adesina recommitted to the Bank’s Jobs for Youth in Africa Strategy. He called on global investors, political leaders and the business community to shift from...

La Banque africaine de développement lance un projet d’aménagement de corridors et de facilitation du commerce à Madagascar

29-Jul-2019 - 29-Jul-2019 - Qui ?       Banque africaine de développement   Quoi ?     Lancement du projet d’aménagement de corridors et facilitation du commerce  Où ?        Hôtel Carlton, salle « Anosy », Antananarivo, Madagascar Quand ?  5 août 2019, de 9h30 à 10h30   La Banque africaine de développement, ses partenaires et le gouvernement de Madagascar lancent un projet d’un coût total de 156,8 millions de...

African Development Bank concludes dialogue with Lesotho on new country strategy

29-Jul-2019 - 29-Jul-2019 - Abidjan (Côte d’Ivoire), 29th July 2019: An African Development Bank delegation has concluded a dialogue with representatives of the Kingdom of Lesotho to prepare for the country strategy 2020-2024. The dialogue in Lesotho on Friday 26th July 2019 related to the two proposed pillars of implementation: (i) strengthening value chains for sustainable and inclusive growth and job creation, and (ii) leveraging technology for improved governance and institutional capacity. The delegation engaged with government officials, private...

African Development Bank’s appreciation of the work of the Pan-African Farmers’ Organization

29-Jul-2019 - 29-Jul-2019 - Kigali, Rwanda, 29th July, 2019: The 4th General Assembly of the Pan-African Farmers’ Organization PAFO, which took place in Kigali, Rwanda on 23 July 2019, brought together some 50 delegates, including representatives from PAFO’s regional bodies, to discuss the continental platform, as well as institutional, organizational and partnership challenges. A special session of PAFO’s partners (the Bank, the EU, IFAD, FO4ACP, and AgriCord) was held to reflect on how best to engage with civil society and especially small-holder...

Liberia President George Weah moots new agricultural bank to revolutionise economy

26-Jul-2019 - 26-Jul-2019 - Monrovia, Liberia, 26 July 2019 : Liberian President George Weah has supported calls for agriculture to play a larger role in his country’s economy. Speaking on 25th July 2019 at a donor meeting with African Development Bank President, Akinwumi Adesina, Weah said his government was contemplating the establishment of an agricultural bank. Adesina was quick to advise that such a bank should be called an “agribusiness” bank to acknowledge the economic benefits of the transition from primary production to...

African Development Bank helps to modernise South Sudan’s financial systems

26-Jul-2019 - 26-Jul-2019 - The African Development Bank Board on 17th July 2019 approved $6.6 million funding to finance South Sudan’s payment and settlement systems integration project. The project is consistent with the Bank’s updated country strategy paper which concentrates on state building through capacity and infrastructure development. The project is also aligned with South Sudan’s National Development Strategy 2018-2021; the latter confirms the need to restore and maintain economic infrastructure.  The objective of the project is to...

Tripartite Signing Ceremony of the African Development Bank-funded Project: Greater Banjul Area: Sustainable Urban Development Programme 2020-40 (GBA-SUDP)

26-Jul-2019 - 26-Jul-2019 - The African Development Bank has extended a $3 million grant from the Transition Support Facility (TSF) to the Republic of The Gambia for sustainable urban development of the greater Banjul Area. The activities will include capacity building and the formulation of a master plan for urban development using digital technologies which are intended to greatly improve the operational efficiency of the three municipalities (Banjul, Kanifing and Brikama), and also provide support to the Banjul port expansion. The Greater Banjul...

Nigeria: Africa’s leaders, business champions in Abuja to chart a new course for the continent’s youth

26-Jul-2019 - 26-Jul-2019 - Abuja, Nigeria, 26 July 2019 – Some of Africa’s most prominent leaders in business, politics and development are gathering this weekend to chart a course for the continent’s youth. The Tony Elumelu Foundation Entrepreneurship Forum is a global flagship event that has attracted world business leaders and renowned entrepreneurs to the Nigerian political capital, Abuja. This is the fifth edition. African Development Bank President Akinwumi Adesina is participating in a panel discussion at the event,...

Bank and partners prioritise the African Education Fund

25-Jul-2019 - 25-Jul-2019 - The African Development Bank, the Association for the Development of Education in Africa and the African Union are recommending the establishment of the African Education Fund as the unique African mechanism to address the challenges of education and skills development in Africa. A  joint declaration in support of the African Education Fund was produced after a workshop organised in Abidjan 16 -17 July, 2019 “The African Education Fund is a vision many education stakeholders in Africa have had but could not put into...

African Development Bank welcomes Fitch’s affirmation of AAA Rating: Driven by extraordinary shareholder support

25-Jul-2019 - 25-Jul-2019 -   The Fitch rating, of the African Development Bank, published 24th July in London, is affirmed as AAA, with a stable outlook, on improved assessments, qualifications and estimates. The rating provides a significant boost for the Bank at a time when it is discussing a substantial general capital increase to finance its strategy and activities over the next few years. Fitch Ratings is one of the leading global providers of credit ratings, commentary and research. The agency upgraded the intrinsic assessment to 'aa'...

African Development Bank President Akinwumi Adesina to headline 2019 Tony Elumelu Foundation Entrepreneurship Forum

24-Jul-2019 - 24-Jul-2019 -   Who:     Dr Akinwumi A. Adesina, President of the African Development Bank Group What:     - Breakfast meeting with President Félix Tshisekedi of the Democratic Republic of the Congo                - Founders Presidential Dialogue at Tony Elumelu Foundation Entrepreneurship Forum When:     Saturday, 27 July 2019, 07.00 am – 12.00 pm Where:    Transcorp Hilton Hotel, Abuja, Nigeria African...