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AfDB’s incubation of innovations in renewable energy praised by participants, partners
17-Aug-2016 - A group of young innovators, Africa Bio-Energy Team, being incubated by the African Development Bank (AfDB), undertook a field visit to Biogas Technologies Africa Ltd. in Accra, Ghana, from August 10 to 13, 2016. They were accompanied by members of the Bank’s African Development Institute (EADI). The visit sought to empower the team about biogas production, as well as learn about the company’s operations. It also provided an opportunity to discuss a possible partnership with Biogas Technologies Africa Ltd.
Youth development initiatives are key for inclusive and sustainable growth
11-Aug-2016 - The focus of this year’s International Youth Day (IYD), to be observed on August 12, 2016, resonates with the African Development Bank’s key efforts that recognise the role of young people in sustainable development.
Mission visits dam rehabilitation project expected to provide water to 17,000 people in Mozambique
08-Aug-2016 - On August 3, 2016, the African Development Bank’s Resident Representative in Mozambique, Joseph Ribeiro, and various members of the diplomatic community visited the Massingir Dam project in Gaza province, in the country’s southern region. The visit sought to illustrate developments work being jointly undertaken by the Bank and the Government of Mozambique.
African Development Bank bags 2016 Organization of the Year Award
04-Aug-2016 - The African Development Bank Group was named the African Organization of the Year 2016 by the African Achievers Awards. In a ceremony held in Abuja, Nigeria’s capital on Friday, July 8, 2016, the Bank was lauded for its immense contribution towards the economic growth of the continent and its commitment to raising standards of living in Africa.
Le Maroc, un investisseur panafricain
22-Jul-2016 - 3e investisseur en Afrique et 1er client de la BAD Pour sa première visite officielle au Maroc, le président de la Banque africaine de développement (BAD), Akinwumi Adesina, a un agenda bien chargé, qui se déploie entre Rabat, Casablanca et Ouarzazate.
Madagascar : revue finale du 3ème cycle des Initiatives à résultats rapides
19-Jul-2016 - Dans le cadre du projet Communauté africaine de pratiques (AfCoP) et fort de ses acquis lors des deux précédents cycles, le Gouvernement de Madagascar a relevé le défi de faire mieux avec le 3ème cycle des Initiatives à Résultats Rapides (IRR). Après l’effectivité de la préparation requise par la méthodologie, 177 IRR ont été lancées le 10 mars 2016 pour un cycle de 100 jours.Third Africa for results forum on “mobilizing domestic resources for africa’s transformation”
19-Jul-2016 - In collaboration with the African Capacity Building Foundation (ACBF), the African Community of Practice (AfCoP) - whose secretariat is hosted by the African Development Bank (ADB) in the ORQR department - organized the third Africa for Results Forum in Nairobi, Kenya from July 13-15, 2016. The forum was opened by Samson Machuka, Director of the planning department, representing the Minister of Devolution and Planning of Kenya.
Transform agriculture into a wealth creation sector, AfDB President Akinwumi Adesina urges
19-Jul-2016 - The issue of Africa’s industrialization was the focus of the 35th Session of the NEPAD Heads of State and Government Orientation Committee that met in Kigali, Rwanda, in the context of the African Union Summit. At the July 16, 2016 event, the leaders deliberated on the importance of intensifying industrialization and scaling up the continent’s electrification programs. They urged the New Partnership for Africa’s Development to work with regional trading blocs to achieve industrialization for sustainable development.
AfDB funds a platform to support women empowerment in 36 African countries
18-Jul-2016 - On 15th of July 2016, the African Development Bank (AfDB) approved USD 12.4 million grant for a project called "50 million Women Speak" to create a networking platform dedicated to sub-Saharan women entrepreneurs. The grant will be spread between the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and the Economic Community of West African States (ECOWAS).
AfDB President Akinwumi Adesina reiterates women’s crucial role in transforming agriculture
18-Jul-2016 - The President of the African Development Bank (AfDB), Akinwumi Adesina has reiterated the AfDB’s commitment to support empowerment of women in Agriculture in order to unlock the sector’s potential. He was speaking on 16 July at a high level meeting for Heads of States and Governments and partners for the implementation of Empowering Women in Agriculture (EWA) and of the Affirmative Finance Action for Women in Africa (AFAWA) initiatives, held at the sidelines of the 27th African Union Summit that took place from 17 July to 18 July in Kigali,...
AfDB Group announces USD 1-million emergency grant to mitigate severe malnutrition for Madagascar’s Great South Region
15-Jul-2016 - The African Development Bank has approved a USD 1 million emergency grant to fight the scourge of malnutrition in the Great South of Madagascar. The purpose of the grant is to improve the nutritional status of vulnerable groups by decreasing the severity of food insecurity as well as decreasing the overall acute malnutrition of children under the age of five years in the region. The Bank support will result in the increase of the number of households that have access to a nutritious diet through Food and Nutrition Assistance services.AfDB-Rwanda – Board approves USD 50 million for Skills, Entrepreneurship Development and Job Creation Programme
13-Jul-2016 - The Board of Directors of the African Development Bank (AfDB) has approved an African Development Fund (ADF) loan of USD 50 million to finance the third phase of the Skills, Employability and Entrepreneurship Programme (SEEP III) and jobs creation in Rwanda.
Financial Markets: The African Development Bank and the African Securities Exchanges Association join forces to deepen Africa’s capital markets
13-Jul-2016 - The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed, on Monday 11 July 2016, a five-year Memorandum of Understanding (MoU) to amplify the impact of their strategically aligned joint efforts to promote resources mobilization to fund Africa's economic growth. This MoU will provide a collaborative framework for harmonizing and coordinating the efforts of AfDB, Africa's premier development finance institution, and ASEA, the apex body of African stock exchanges, towards deepening and connecting...Lighting up and Powering Africa: AfDB boosts Eskom’s electricity generation capacity with a USD 1.34 billion jumbo loan
08-Jul-2016 - Within the context of the New Deal on Energy for Africa, the African Development Bank (AfDB) and South Africa's power utility (Eskom) on Wednesday, Thursday, July 7, 2016 in Johannesburg, signed loan facilities for a USD 1.34 billion towards Eskom's capital expenditure program.Fragile contexts, a key focus of ADF-14
01-Jul-2016 - More than 56 million people require humanitarian assistance and more than 17 million are displaced across Africa, according to the African Development Bank.
AfDB and UN commit to fight malnutrition in Mozambique
30-Jun-2016 - On June 29, 2016 the UN Resident Coordinator and United Nations Development Programme (UNDP) Representative in Mozambique, Marcia de Castro, paid a courtesy visit to the African Development Bank’s Resident Representative, Joseph Ribeiro in Maputo.