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South Sudan: Bank approves $17.7 million for first education project

20-Sep-2019 - The Board of the African Development Bank approved a proposal for $17.7 million on 5 September, 2019 to finance the first social sector project in South Sudan since the Bank’s engagement in the country in 2012. The project will increase access to improved basic education for children in the Upper Nile, Unity, Jonglei and Eastern Equatoria states and regions.

Angola: Country office anniversary cocktail toasts Bank’s 55 years of Making a Difference

18-Sep-2019 - The Angola country office of the African Development Bank on 10 September 2019 marked the Group’s 55th anniversary with a cocktail reception in Luanda, during which dignitaries toasted the Bank’s fruitful partnership and transformative work in Angola and Africa. The dignitaries included senior government officials, diplomats, development partners and representatives of financial institutions and project coordinators.

G5 Sahel Heads of State throw their weight behind African Development Bank's Desert to Power initiative

16-Sep-2019 - G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical meeting attended by the region’s energy ministers, and development partners including the World Bank, Agence Française de Développement, Masen (Moroccan Solar Energy Agency), and regional institutions such as the West African Economic and Monetary...

The future of development banks discussed as senior officials meet at 20th annual meeting

13-Sep-2019 - Senior officials from the world’s leading financial institutions have wrapped up their 20th annual meeting in Abidjan at the headquarters of the African Development Bank. The corporate secretaries of international financial institutions (IFIs) met from 11 to 13 September 2019. The gathering coincides with a renewed push for Africa’s development agenda. The host institution, the African Development Bank, is in the process of lobbying for a general capital increase from shareholders to accelerate growth in the continent.

« Desert to power », un puissant levier pour réaliser les « High 5 » !

12-Sep-2019 - Principaux outils de transformation économique en Afrique, les cinq grandes priorités stratégiques, « High 5 », lancées en 2016 par la Banque africaine de développement, ont déjà produit des résultats significatifs cette année. L’initiative « Desert to power », présentée officiellement ce vendredi 13 septembre à Ouagadougou, au Burkina Faso, marquera une étape majeure.

5 takeaways from the 2018 Africa Investment Forum: A bold vision to tilt capital flows towards Africa’s critical sectors

11-Sep-2019 - “We want investments in Africa to land on a smooth investment runway. No bumps,”   – Akinwumi  A. Adesina, President, African Development Bank, at the 2018 Africa Investment Forum. When Adesina laid out his vision to “tilt the flow” of capital towards Africa’s critical sectors through the Africa Investment Forum, the notion of convening a purely transaction-based forum, seemed more of an aspiration than a reality.

Pretoria, South Africa: Bank raises awareness of rules on integrity and anti-corruption in two-day session

09-Sep-2019 - The African Development Bank’s Office of Integrity and Anti-corruption (PIAC) held a two-day session on 12-13 August 2019 with staff, consultants and contractors to raise awareness on the Bank’s rules and regulations regarding integrity and anti-corruption. The first day brought together staff and consultants based in the Southern Africa regional office in Pretoria and country offices, while the second day was designed for consultants and contractors working with the Bank.

Zambia: African Development Bank, UN Nutrition Network will lead nutrition commitments

09-Sep-2019 - The African Development Bank country office in Zambia and the UN Nutrition Network have agreed to lead multi-agency commitments aimed at effective implementation of the country’s national food and nutrition agenda. The two agencies reached the agreement on 5 September 2019 when Bank country manager for Zambia, Mary Monyau, hosted the global coordinator and director of the UN Nutrition Network, Purnima Kashyap. Both recognized the role of good nutrition as the basis for sustainable human development.

The African Development Bank organises a successful open day with Liberian civil society

06-Sep-2019 - On 30 August 2019, the African Development Bank country office in Monrovia, Liberia held a civil society open day, which provided information on the progress of the Bank’s work, updates on current portfolio achievements and a presentation of the upcoming pipeline with regard to the next Liberia country strategy paper 2019 – 2023. The event brought together 56 Liberian civil society leaders, senior government officials from the ministries of finance and development planning, public works and agriculture.

“Prospects for Africa” great as new spaces open up for Tunisia’s youth in industry

06-Sep-2019 - Smartly dressed Maroua Khemiri is ready to start a busy day. The young engineer has secured a contract with Eleonetech in Tunisia, an electro-mechanical firm that specialises in producing cables and electronic assembly. Having risen through the ranks to become the first female project manager at the electro-mechanical firm, Khemiri’s achievement as a female engineer in this part of North Africa is rare, especially in the industrial sector.

Zimbabwe: African Development Bank, partners launch $96.7 million post-cyclone Idai recovery projects

05-Sep-2019 - The African Development Bank, with the World Bank and the government of Zimbabwe on 2 September 2019 launched post cyclone Idai recovery projects totaling $96.7 million to restore livelihoods and rehabilitate infrastructure in areas most hit by the disaster this year.

TICAD 7: African leaders make a clarion call for increased private sector engagement

30-Aug-2019 - Yokohama, Japan, 30 August 2019 - The African Development Bank delegation’s packed sessions kicked off on Thursday with President Adesina addressing Plenary Session 3 on Public-Private Business Dialogue: Enhance Trade and Investment between Japan and Africa.