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Evaluation Week 2018 stresses need for partnerships and collaboration for success of Africa’s development agenda
27-Sep-2018 - The African Development Bank wrapped up Evaluation Week 2018 with one particular message resonating among the hundreds of participants: Close collaboration and sharing of ideas and experiences among stakeholders are key to ensuring that evaluation and learning have greater impact on the Africa’s development agenda.
In Japan, African Development Bank President woos investors, promotes development agenda for Africa through agriculture
19-Sep-2018 - On an official visit to Japan, the President of the African Development Bank repeated his call for investment in agriculture and development initiatives to ensure Africa’s economic growth. Akinwumi Adesina, met with senior government officials, business leaders and the African diplomatic community on a short visit to the Japanese capital from 5-6 September, 2018.African Development Bank says staple crops processing zones will transform African agriculture
13-Sep-2018 - Africa pays more than a crippling $35 billion annually to import food, a figure that could rise to $110 billion by 2025, if current trade trends continue. To reverse this, the African Development Bank intends to create staple crops processing zones (SCPZs) to help African countries become net exporters of processed foods and commodities.
A Continent in Mourning
12-Sep-2018 - As the world bids farewell to global statesman and former United Nations Secretary General Kofi Annan, the African Development Bank joins a continent in mourning in paying tribute to this extraordinary son of Africa. The Bank celebrates the towering memory of this great Ghanaian and his service to Africa and the world.
Small-scale horticulture project transforming lives in Kenya
23-Aug-2018 - Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa. A decade after going through a food crisis and in the aftermath of the drought in 2016-2017, the country aims to achieve self-sufficiency in food products such as maize, tomato, cabbage, rice, beans, milk and meat. This clearly stated ambition of the Kenyan government has received support from the African Development Bank, which sees food security as a catalyst for the growth and development of the country’s productive sectors.
Textile and Clothing industries can drive Africa’s industrialization, benefit women
22-Aug-2018 - As the African Development Bank celebrates World Fashion Day, we take this opportunity to reflect on the potential of the Fashion industry to create value and wealth across the continent, with women and youth at the heart of this change.
African Development Bank and Canada share commitment to women’s empowerment on the continent
17-Aug-2018 - On her first visit to the West African nation of Côte d’Ivoire, Canada’s Minister of International Development, Marie-Claude Bibeau, and the President of the African Development Bank, Akinwumi Adesina, shared a common vision and commitment to the advancement of women and girls on the continent.
The Youth – Africa’s Most Valuable Resource for Economic Transformation
14-Aug-2018 - With over 200 million people aged between 15 and 24, Africa has the largest population of young people in the world, with current trends indicating a doubling of the numbers by 2045. As the world commemorates International Youth Day this week, with the theme “Safe Spaces for Youth”, the African Development Bank reiterates its commitment to an inclusive and youth-focused economic transformation agenda for the continent.
African Development Bank hosts Partnership Day with International Finance Corporation
09-Aug-2018 - Following a series of meetings between the African Development Bank and the International Finance Corporation during the Africa CEO FORUM last March and the recent Annual Meetings in Busan, the Bank hosted a Partnership Day with IFC within the Bank’s premises.
African Development Bank President visits Bank-funded Morocco-Spain power interconnection project
02-Aug-2018 - Nestled on the steep slopes of the northernmost part of Morocco facing Spain, is the Melloussa interconnection station, which provides 15% of Morocco’s electricity production. The plant, located close to Tangier, connects to Spain, through a 27-kilometre undersea cable, has transformed the country’s national power supply.
Morocco making giant strides in electrification
30-Jul-2018 - This feat is even more remarkable when one considers that demand for electricity in the north African nation has constantly increased, by an average of 6-7% per year over the last 25 years. For the African Development Bank, Morocco is a prime example of the success of a key High 5 priority - electrification of the African continent by 2013, and a model to inspire other countries.
African Development Bank and IFAD collaborate to help Mozambique build knowledge on climate finance and Natural Capital
25-Jul-2018 - Mozambique remains one of the countries most impacted by climate change in Africa, having faced a number of climate shocks and disasters over the past years that have hampered economic development. Temperature rises, scarce rainfall and droughts, floods and cyclones, have had significant impacts on key sectors such as agriculture, fisheries, and tourism, among others.
In Kenya, African Development Bank marks a milestone in financing clean energy on the continent
23-Jul-2018 - A cloud of steam rises from beneath the earth’s surface sending fine showers onto the faces of the dignitaries visiting the Menengai Well- 01, a major geothermal power project in Kenya which is set to significantly boost the country’s electricity capacity and lead the way in providing clean energy.
Development in action: Expansion of Nairobi’s Outer Ring Road reduces traffic congestion, public commute times
23-Jul-2018 - The expansion of a 13-kilometre Outer ring road in the Kenyan capital has significantly reduced travel times and road congestion demonstrating the power of road infrastructure in development, says African Development Bank President, Akinwumi Adesina. The road provides access to residential and industrial zones in the East and North of Nairobi, and to two other major entry and exit routes for the city – Thika Road and Mombasa Road. During a July 21 tour of the road, the President met residents who narrated how the road has significantly...
Water project in Cabo Verde saves communities, transforms livelihoods of women
23-Jul-2018 - A water irrigation and supply system funded by the African Development Bank has transformed the lives of rural farming communities in Cabo Verde’s Santiago Island, sparing farmers grueling treks of up to 20 kilometres to fetch water for farming and daily use. Santiago Island, Cabo Verde’s largest and most important agricultural centre, depends on water for its survival, but for years had been beset by endemic water shortages. Traditionally women, who make up a significant percentage of farmers, were hardest hit by the shortfall in supply.
Remembering Nelson Mandela at 100
18-Jul-2018 - Nelson Rolihlahla Mandela, fondly known as Madiba which in Xhosa means “Father of the Nation”, would have been 100 years old today. The African Development Bank recalls the life, times and ideals of a great man and a global iconic figure. Mandela was a political patriarch and a remarkable leader whose tenacity and selflessness helped change the course of history – for South Africa, Africa, and for humanity. Today, his legacies continue to inspire current generations of leaders across Africa around the world.Research Seminar Series: Exploring the role of economic incentives and spillover effects in biodiversity conservation policies in sub-Saharan Africa
07-Jul-2018 - The Macroeconomics Policy, Forecasting and Research Department (ECMR) organized a seminar on “Exploring the role of economic incentives and spillover effects in biodiversity conservation policies in sub-Saharan Africa.” The guest speaker was Dr Ariane Amin, environmental economist, lecturer and researcher at the University Felix Houphouet Boigny (UFHB). She also serves as research associate at the Swiss Center for Scientific Research (Centre Suisse de Recherche Scientifique en Côte d’Ivoire - CSRS).
Coopération avec les pays du G 5 Sahel : une délégation allemande de haut niveau examine les pistes de partenariat avec la Banque
05-Jul-2018 - Le Bureau de coordination des Etats en transition de la Banque africaine de développement (RDTS) a eu mercredi 4 juillet 2018 à Abidjan, en Côte d’Ivoire, une séance de travail avec une délégation officielle allemande conduite par Ronald Meyer, directeur de la division Afrique de l’Ouest au ministère fédéral de la Coopération économique et du développement (BMZ) d’Allemagne.Cameroon: African Development Bank's Independent Review Mechanism screens three projects
28-Jun-2018 - On May 9, 2018, the Boards of Directors approved the Semi-Urban Drinking Water Supply and Sanitation, the Ketta-Djoum Road Development Project, and the Kumba-Mamfe Road Development Project for a Bank-triggered compliance review, or spot check advisory review of project compliance.