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International lawmakers gather in Abidjan to mark 20 years Jubilee of the African Development Bank’s administrative tribunal

27-Jun-2018 - The Administrative Tribunal of the African Development Bank Group will celebrate its 20th anniversary on 28-29 June 2018 at the Headquarters of the Bank in Abidjan, Côte d’Ivoire. International lawmakers are expected to attend an International Colloquium, hosted by the Bank, under the theme: “International administrative justice and International organizations: Overview and prospects”.

The African CEO Infrastructure Project Developers Summit calls on Governments to Help Bring Projects to Financial Close More Rapidly

27-Jun-2018 - Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure investment platform, co-hosted the fourth Ai CEO Infrastructure Project Developers Summit on June 18 in Mauritius.

« Améliorer la gouvernance est une condition sine qua non pour combler le gap de financement des infrastructures en Afrique » - Pierre Guislain, vice-président de la Banque africaine de développement

26-Jun-2018 - Vendredi 22 juin 2018, au deuxième jour de la table ronde sur la gouvernance des infrastructures organisée par la Banque africaine de développement et le Groupe de la Banque mondiale à Grand-Bassam (Côte d’Ivoire), le vice-président de la Banque africaine de développement chargé du Secteur privé, de l‘infrastructure et de l’industrialisation, Pierre Guislain, a partagé son expérience sur les questions de développement des infrastructures en Afrique et ailleurs.

Gouvernance des infrastructures : la table-ronde de Grand-Bassam se penche sur les freins aux financements

26-Jun-2018 - « Il y a pour les pays africains une urgence particulière à disposer d’infrastructures durables.

Long term strategic vision, vital to leveraging sustainable infrastructure, stakeholders agree at roundtable

26-Jun-2018 - Africa has huge infrastructure gap, estimated at $130-170 billion per year. However, this infrastructure gap goes beyond just financing. There is a lack of good governance of infrastructure too. This was the focus of the Second Global Roundtable on Infrastructure Governance, organized by the African Development Bank and World Bank, which kicked off in Grand Bassam, Abidjan, Cote d’Ivoire, on 21 June 2018, under the theme “Building the right infrastructure for tomorrow”.

Building sustainable Infrastructure for the Future: African Development Bank and World Bank host global roundtable on infrastructure governance

20-Jun-2018 - The African Development Bank and the World Bank are hosting the Second Global Roundtable on Infrastructure governance and tools from 21-22 June 2018 in Grand Bassam, 41 Km south east of Abidjan, Côte d’Ivoire, to share perspectives on impacts of poor infrastructure governance on economic growth.

Preventing conflicts could save between 5 and 70 billion dollars, according to a study by the African Development Bank

19-Jun-2018 - “Prevention is better than cure”. This wise advice makes even more sense when you read a study entitled Pathways for Peace. Inclusive Approaches to Preventing Violent Conflict, presented on Monday 18 June at the African Development Bank Headquarters in Abidjan.

Environment: African Development Bank leads fight against polluting plastic products

13-Jun-2018 - On Saturday June 9, 2018, the African Development Bank culminated its program of activities for World Environment Day with a huge clean up of Grand-Bassam Beach, 40 kilometers from Abidjan. The municipality of Grand-Bassam, the Ivorian Ministry of the Environment, the Magic System Foundation and the Embassy of India, where the United Nations launched the international campaign against plastic pollution this year supported the effort.

Promoting competitive agribusiness in Mozambique

08-Jun-2018 - A Mozambican delegation headed by Economy Minister Adriano Maleiane participated in the African Development Bank’s Annual Meetings in Busan, Korea, a key conference on economic affairs for the continent at which Finance Ministers from the Bank’s 80 Member States meet with academics, development partners and civil society organizations.

Say no to plastic! The African Development Bank shows the way in the fight against plastic pollution in Africa

07-Jun-2018 - While the fight against plastic waste is gaining more resonance in Africa, the use of plastic bags is still well-rooted in custom and practice, at the expense not only of the environment, but also of public health, without there being widespread awareness.

Bank helping to deliver electricity more effectively in Mozambique

05-Jun-2018 - The Mozambican Government seeks to provide universal access to electricity for economic development. To that end, the Electricity IV project was co-financed by the African Development Bank, the Government of Mozambique and the OPEC Fund for International Development. Implemented for over 10 years, the project was completed in 2017. 

World Environment Day: Collective action must be taken to beat plastic pollution in Africa

04-Jun-2018 - On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental and health challenges posed by plastic waste.

Investing in smart technologies to power industrialization

04-Jun-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.

Innovative approaches to financing climate adaptation

04-Jun-2018 - During this year’s Innovation4Climate meeting in Germany, focused on “Adaptation metrics for innovative results-based adaptation and resilience finance,” the African Development Bank hosted a workshop on Tuesday, May 21, in cooperation with Perspectives Climate Group, The Higher Ground Foundation.  

African Development Bank encourages Japanese private sector to invest in agribusiness in Africa

01-Jun-2018 - The African Development Bank held a seminar focusing on agribusiness on May 29, 2018 in Tokyo, Japan. This was the first joint event with Sasakawa Africa Association, following the signing of a Memorandum of Understanding (MoU) at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya, in 2016.

Akinwumi Adesina of Nigeria elected 8th President of the AfDB

28-May-2018 - “Today, I have been given a great responsibility,” Akinwumi A. Adesina said Thursday upon his election as the 8th President of the African Development Bank Group.  The President-Elect said he was “humbled by this remarkable vote of confidence in me” on the part of the Bank’s Board of Governors, who met during the Bank Group’s 50th Annual Meetings in Abidjan, Côte d’Ivoire. 

Le Conseil approuve les recommandations du Mécanisme indépendant d’inspection et le plan d’action de la direction relatifs au projet de Moulin Moderne du Mali

25-May-2018 - Le Conseil d’administration du Groupe de la Banque africaine de développement, en sa séance du 26 avril 2018, a approuvé les recommandations du mécanisme indépendant d’inspection (MII) contenues dans le rapport de vérification de la conformité du projet « Diversification des Activités du Moulin Moderne du Mali » (M3).

Hallyu, the Korean pop culture model that could inspire Africa

25-May-2018 - “Culture meets industry – the case of Korea, Hallyu,” a session at the 2018 Annual Meetings of the African Development Bank organized by the host country, Korea, in Busan, took place on Thursday May 24. Hallyu, or Korean culture (music, TV series, cinema, games) has been spreading swiftly since the early 1990s. Could it be a model that inspires Africa? Gin Ho-yon, Korean Tourist Office Director spoke proudly of Hallyu’s international presence. “Thanks to this model, we are present in 87 countries worldwide, especially in Africa.”  

“We solve the problems, you finance us!”: young African entrepreneurs make the call at 2018 Annual Meetings

25-May-2018 - “African youth are not waiting for any reforms to happen. Our moment is now. The African continent offers tremendous business opportunities and we are committed to developing quality products and services,” said Abigail Urey, Edgail CEO and co-owner from Liberia, during the youth-led event on Day 1 of the African Development Bank Annual Meetings in Busan, Korea.