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Mauritius: African Development Bank addresses nascent electricity regulator’s special needs

28-Aug-2019 - The African Development Bank and the Africa Legal Support Facility (ALSF) joined the government of Mauritius in the launch of the Utility Regulatory Authority’s (URA) strategic business plan 2019-2022. Launched on 15 August 2019 in Ebene, Mauritius, the plan will strengthen the URA’s capacity on staffing, tools and other resources to regulate the energy sector effectively.

“The Kaizen approach is more than a technique…it is an approach to economic development, and it’s been yielding tremendous results” - African Development Bank Vice-president Celestin Monga

27-Aug-2019 - Yokohama, Japan, 27 August 2019 – Kaizen, the business philosophy which means continuous improvement in Japanese, was at the heart of discussions at a seminar held on Tuesday, and co-organised by JICA and NEPAD on the sidelines of the 7th Tokyo International Conference on African Development, TICAD7. The seminar, under the theme: “Africa’s Socio-economic Transformation through innovation,” discussed the role of Kaizen, in improving quality and productivity as well as human resource development on the continent.

African Development Bank President Adesina leads delegation to 7th Tokyo International Conference on African Development, TICAD

26-Aug-2019 - Abidjan, Côte d’Ivoire, 26 August 2019 – A high-level African Development Bank delegation, led by President Akinwumi Adesina, is set to join global leaders at the 7th Tokyo International Conference on African Development, TICAD7 from August 28 to 30. TICAD7, hosted by Japan and co-organised by the United Nations Office of the Special Advisor on Africa (UN-OSSA), and the United Nations Development Programme (UNDP), aims at “promoting high-level policy dialogue between African leaders and development partners.”

African Development Bank, Portugal and Guinea-Bissau sign compact to accelerate diversification, private sector development

23-Aug-2019 - The African Development Bank and the governments of Portugal and Guinea-Bissau have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa.

President Adesina at G7 summit in Biarritz: women’s entrepreneurship, climate and fragility at the heart of the agenda

23-Aug-2019 - Biarritz, France, 23 August 2019 – The president of the African Development Bank, Akinwumi Adesina, will head a delegation to the G7 summit, to be held from 24 to 26 August in Biarritz, in south-western France.

“African Development Bank $13 billion investment in Southern Africa is delivering strong results…Africa must not be under-ambitious!” Adesina tells SADC Summit.

19-Aug-2019 - The African Development Bank’s $13 billion investment in Southern African region since 2012 is delivering strong results across countries, the Bank’s President, Akinwumi Adesina said, addressing over 1000 delegates at the opening ceremony of the 39th Southern Africa Development Community (SADC) Summit. The theme for this year's Summit is, "A Conducive Environment for Inclusive and Sustainable Industrial Development, Increased Intra-trade and Job Creation."

São Tomé and Príncipe fifth country to sign Lusophone country-specific compact to accelerate inclusive private sector led growth

16-Aug-2019 - São Tomé, São Tomé and Príncipe, 16 August 2019 – São Tomé and Principe signed, on Thursday, a country-specific memorandum of understanding for the implementation of the Lusophone Compact aimed at accelerating inclusive, sustainable, and diversified private sector growth.

Walvis Bay to net more tourists, thanks to upgraded port

13-Aug-2019 - Sushi and success: Walvis Bay to net more tourists, thanks to upgraded port With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia. The bay is a safe haven for sea vessels because of its natural deep-water harbour, protected by a sandspit, being the only natural harbour along the country’s coast.

Namibia hails milestone as it launches expanded Walvis Bay Port

05-Aug-2019 - Namibian President Hage Geingob has hailed the expansion of the Walvis Bay port as a new chapter in the country’s economic transformation.

African Development Bank helps power wind of change in Kenya

01-Aug-2019 - Africa’s largest wind farm, a €620 million energy masterpiece boosting 365 turbines in northern Kenya, will help the East African nation stay on track to reach its target of 100% green energy by 2030. Known as the Lake Turkana Wind Power, the 40,000 acre wind farm will generate around 310 megawatts of power to the national grid, enough to light up over 300,000 households.  

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

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.

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

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.

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

29-Jul-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.

African Development Bank concludes dialogue with Lesotho on new country strategy

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.

African Development Bank unveils new digital platform for Africa Investment Forum

23-Jul-2019 - The African Investment Forum’s new digital platform will connect project sponsors with investment opportunities in Africa, vastly improving the quality of project information and documentation. The Platform, as it is known, also provides an opportunity for Transaction Facilitators and Advisers to showcase their professional services to both Investors and Project Sponsors.  

La Banque africaine de développement approuve un accord de partenariat avec Attijariwafa bank pour développer le commerce en Afrique

18-Jul-2019 - Abidjan (Côte d’Ivoire), le 18 juillet 2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, mercredi 17 juillet, un accord de participation aux risques (APR) d’un montant de 100 millions d’euros au profit du premier groupe bancaire marocain Attijariwafa bank. Ce programme de partage de risques (50/50), destiné à couvrir un portefeuille de transactions à concurrence de 200 millions d’euros, appuie pour plus d’un milliard d’euros (valeur cumulative) des opérations commerciales étalées sur les trois prochaines...

Ethics network unanimously nominates African Development Bank to chair its 2020 conference

16-Jul-2019 - Abidjan, Côte d’Ivoire, 15 July 2019 – The Ethics Office of the African Development Bank has been nominated to chair the 12th conference of the Ethics Network of Multilateral Organisations (ENMO) next year, to be hosted by the World Bank, possibly in Washington D.C, USA. The ENMO, consisting of United Nations bodies and international and regional financial institutions, made the unanimous nomination at their 11th conference, held at the headquarters of the European Patent Office in Munich, Germany last week.

African Development Bank, Global Mechanism of the United Nations Convention to Combat Desertification join forces to strengthen capacity in climate change and land degradation

15-Jul-2019 - The African Development Bank and the Global Mechanism of the United Nations Convention to Combat Desertification (GM/UNCCD), in partnership with UN Women, are joining  forces to strengthen the capacity of African stakeholders to tackle climate change.

Africa Investment Forum (AIF)

12-Jul-2019 - Africa Investment Forum (AIF): 7-9 November, 2018, Johannesburg, South Africa  

Independent Development Evaluation Annual Report highlights a year of Delivering knowledge, engaging with stakeholders, and responding to evaluation needs to improve the lives of the people in Africa

08-Jul-2019 - On 21 May 2019,Independent Development Evaluation (IDEV) at the African Development Bank presented its 2018 Annual Report to the Bank’s Committee on Development Effectiveness.

Gestion des ressources et transfert d’eau : une délégation du Maroc et des représentants de la Banque africaine de développement en voyage d’études aux États-Unis

05-Jul-2019 - Dans le cadre du don d’assistance technique « KOAFEC » accordé au Royaume du Maroc, un voyage d’études visant à appuyer le département de l’eau du Royaume dans la planification et la conception du projet de transfert d’eau Nord-Sud a été effectué du 24 au 29 juin derniers aux États-Unis.

African Legal Support Facility appoints new chairman and two board members

05-Jul-2019 - The African Legal Support Facility (ALSF) has bid a fond farewell to the outgoing members of the Management Board, the Chairperson, Dorcas Auma Achapa (Kenya) and Professor Dandi Gnamou (Benin) for their three years of excellent contributions to the organization. Afterwards, the ALSF warmly welcomed two additions to its Management Board – Eva Jhala (Zambia) and Nimatou D. Feliho (Benin). The two will serve for three years.

“Nations may go through fragility, but they can exit and become stable, dynamic, prosperous and resilient to debilitating shocks,” says Akinwumi Adesina, President of the African Development Bank

02-Jul-2019 - African Development Bank President Akinwumi Adesina has called for greater financial resources to expand the work of the African Development Fund, the concessional window of the Bank Group. Adesina made the appeal on Tuesday during the opening ceremony of a meeting to discuss the 15th replenishment of the Fund, held from 1 to 3 July in Antananarivo, the capital of Madagascar.

African Development Bank VP Khaled Sherif champions private sector investment compact in Germany

01-Jul-2019 - Photo caption: Khaled Sherif (forward left), African Development Bank Vice-President for Regional Development, Integration and Business Delivery, and Christoph Rauh (forward right), Director for Africa with the German Federal Ministry for Economic Cooperation and Development (BMZ), stand with the participants of a deep dive exercise hosted by the BMZ in Bonn, Germany.  

The African Development Fund improving and impacting lives of millions in Africa

01-Jul-2019 - Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say.

Madagascar : le Fonds africain de développement engage près de 1,2 milliards de dollars dans le développement

01-Jul-2019 - Le président du Groupe de la Banque africaine de développement, Akinwumi Adesina, est arrivé ce jour à Antananarivo, Madagascar, où il a été accueilli par le ministre de l’Economie et des finances, Richard Randriamandrato. Cette visite s’inscrit dans le cadre de la deuxième réunion consultative sur la Quinzième reconstitution du Fonds africain de développement (FAD-15) qui se tiendra dans la capitale malgache, du 1 au 3 Juillet 2019.

Swiss Agency for Development and Cooperation supports Bank’s new Country Resilience and Fragility Assessment (CRFA) tool

01-Jul-2019 - More than 200 employees of the African Development Bank have been trained on the new Country Resilience and Fragility Assessment (CRFA) tool, thanks to continued partnership with the Swiss Agency for Development and Cooperation (SDC) which has provided technical support.

Call for Papers - African Economic Conference 2019

28-Jun-2019 - About the Conference: The 2019 African Economic Conference (AEC), jointly organized by African Development Bank, the Economic Commission for Africa and the United Nations Development Programme, will be held in Sharm el-Sheikh, Egypt, from 2nd to 4th December 2019. Since its inception in 2006, the AEC series has fostered dialogue and the exchange of knowledge on a variety of issues and challenges facing Africa.

La BAD acteur de la sauvegarde de l’environnement pour de meilleures conditions de vie en Afrique

28-Jun-2019 - La pollution atmosphérique est responsable d'environ 7 millions de décès par an, le plus grand nombre de décès étant enregistré dans les zones urbaines. En Afrique, on estime à 90%, la population exposée à la pollution de l'air intérieur, en raison de sa dépendance à l'utilisation de sources d'énergie issues de la biomasse pour la cuisson, l'éclairage et le chauffage (Source : Worldenvironmentday).

ZimFund water and sanitation project: Communities can sustain local infrastructure

28-Jun-2019 - “Residents should take part in social engineering of projects, civic education and offer community stewardship in maintaining infrastructure. Besides this, residents should pay for water and sanitation services rendered, so that local authorities can generate funds to maintain infrastructure,” said Hardlife Mudzingwa, Programmes Director for the Community Water Alliance.

Afrique du Nord : la Banque africaine de développement et la fondation panafricaine «Entreprenarium» ensemble pour libérer le potentiel des femmes entrepreneures

28-Jun-2019 - Portée par la Banque africaine de développement, l’Initiative pour favoriser l’accès des femmes au financement en Afrique (AFAWA) a organisé, le 24 juin à Tunis, un séminaire de type « Masterclass » au profit de femmes d’affaires de la région, dans les domaines du développement des entreprises et de la gestion financière.

African Development Bank bids farewell to outgoing Dean of Board Mellouki

28-Jun-2019 - The African Development Bank on Wednesday bid farewell to the outgoing Dean of its Board of Directors, Abdelmajid Mellouki, at a cocktail held in his honour. The lively and cheerful celebration, which was hosted by the Bank President, was filled with warm feelings of friendship and appreciation shared by other board members. President Akinwumi Adesina recalled Mellouki’s support in helping advance the Bank’s development agenda in Africa, particularly putting people at the centre of transformative projects.

Tunisie : la Banque africaine de développement accorde une ligne de crédit de 100 millions d’euros à BH Bank pour soutenir le développement du secteur privé

27-Jun-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, aujourd’hui, une ligne de crédit de 100 millions d’euros en faveur de la banque publique tunisienne BH BANK afin de soutenir le secteur privé tunisien.

African Development Bank sensitizes regional Staff on Nutrition

27-Jun-2019 - The African Development Bank hosted a sensitization session on “Banking on Nutrition” for staff from the West and Central Africa offices at its headquarters in Abidjan, Cote d’Ivoire, on 24 June 2019. The event involved representatives from partner organizations specialized in the nutrition field such as Nutrition International, which provided technical support and developed a capacity building toolkit on nutrition for Bank staff. The “Banking on Nutrition” program was also supported by Big Win Philanthropy and the Aliko Dangote Foundation.  

South Africa: Agripreneurs Forum welcomes young entrepreneurs and investors

27-Jun-2019 - The third African Youth Agripreneurs Forum and AgriPitch competition, a platform connecting sector start-ups with potential partners and financiers, has opened in Cape Town under the theme: “Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The event is being organised by the African Development Bank, in partnership with the government of the Western Cape.

Ghana: African Development Fund loans $81.7 million for Eastern Corridor Development Programme

27-Jun-2019 - The African Development Fund (ADF) has approved an $81.67 million loan to co-finance sections of the 695-km Eastern Corridor road in Ghana, linking the capital, Accra with the northern hinterland and across the borders to the Sahel region. The decision was taken by the African Development Bank Group’s Board of Directors at a meeting on Wednesday. Other lenders for the project are the Opec Fund for International Development, the Ghanaian Government and the Japan International Cooperation Agency, which is financing a connecting bridge across the...

São Tomé and Príncipe’s government commits to strengthened coordination with donors

27-Jun-2019 - A major donor coordination meeting on 7 June, 2019 in São Tomé reviewed multilateral and bilateral donor interventions in the country.

Integrity in Development Projects: African Development Bank Blacklists Oceanic Construction and Engineering Nigeria for 48 Months for Fraudulent Practices

26-Jun-2019 - The African Development Bank Group has blacklisted Abuja-based construction firm Oceanic Construction and Engineering Nigeria for a minimum period of 48 months for fraudulent contract bidding, the Bank announced on Wednesday. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that the company misrepresented its year of incorporation, the value of its reference contracts, and the experience of its key personnel while bidding for two works contracts under the Bank-financed Urban Water Supply and...

Malawi : la Banque africaine de développement accorde 37 millions de dollars en faveur du corridor d’intégration de Nacala

26-Jun-2019 - Le Conseil d’administration de la Banque africaine de développement a accordé, le mercredi 19 juin, un soutien financier de 37 millions de dollars américains pour la réalisation de la phase V du corridor routier de Nacala, au Malawi.

African Development Bank hosts experts to accelerate food transformation in West Africa through technology

25-Jun-2019 - The African Development Bank has hosted a group of experts to discuss how technology can be deployed to transform food systems in West Africa. The Bank co-hosted the workshop with the International Fund for Agricultural Development, the African Green Revolution Alliance, the World Economic Forum and Rabobank for the Food Systems Action Platform (FSAP) for West Africa at the Bank’s headquarters in Abidjan, Cote d’Ivoire, on 20-21 June.

African Development Bank approves USD 24.7 million for Water and Sanitation Development in South Sudan

25-Jun-2019 - The Board of Directors of the African Development Bank on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation Improvement Project.

African Development Bank welcomes EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)

24-Jun-2019 - The African Development Bank announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took place in Lisbon, Portugal from 11-14 June. The Bank, the European Commission, in partnership with Lion’s Head Global Partners and Fieldstone and the Lusophone Renewable Energy Association, presented the Facility to...

African Development Bank calls for boost to private sector investments as well as fiscal and debt sustainability at T20 Summit in Tokyo

24-Jun-2019 - Sound policies to improve investor interest and address fiscal sustainability concerns in Africa were key points made by Director General of the Bank’s Southern African Bureau, Kapil Kapoor during the Think20 (T20) conference held in Tokyo Japan on 26-27 May.  The T20 Summit convened top policy experts to detail innovative T20 Japan policy solutions for consideration during the G20 Leaders’ summit in Osaka on 28-29 June.

African Development Bank hosts masterclass on women’s skills in business development

24-Jun-2019 - The fourth Affirmative Finance Action for Women in Africa (AFAWA)/Entreprenarium masterclass began Monday in Pretoria, South Africa, aimed at improving women’s skills in business development and financial management.

Construire ensemble la ville ivoirienne de demain

24-Jun-2019 - La Côte d’Ivoire s’est dotée d’un ministère de la Ville depuis juillet 2018, et se donne comme objectif d’élaborer un document de Politique Nationale de la Ville afin de réussir le processus complexe d’urbanisation. Dans ce cadre, un séminaire sur la Politique de la ville en Côte d’Ivoire s’est tenu du 12 au 14 juin à Abidjan.

Nigeria: Ekiti State Governor visits African Development Bank, makes a case for increased investment in his region.

24-Jun-2019 - Infrastructure, agricultural-processing zones, air cargo facilities,  and a knowledge hub are four critical areas that need support from the African Development Bank to help transform the Southern Nigerian state of Ekiti. The request for the Bank’s support was made by a Nigerian delegation led by Ekiti Governor John Olukayode Fayemi at a meeting, chaired by the Bank’s President Dr. Akinwumi Adesina, attended by senior Bank officials.  

Accelerating Africa’s transformation via a vibrant digital economy

21-Jun-2019 - Affordable, inclusive connectivity, coupled with digital skills and literacy, are essential elements in the fight against inequality in the digital age, experts at the European Commission’s 2019 European Development Days (EDD) Forum, emphasised.

Côte d’Ivoire : le premier projet de pôle agro-industriel, financé par la Banque africaine de développement, pose ses jalons à Yamoussoukro

21-Jun-2019 - Le projet de pôle agro-industriel dans la région du Bélier (2PAI Bélier) est le tout premier agropole de Côte d’Ivoire. Financé à 80 % par la Banque africaine de développement à hauteur de 121 millions de dollars, il a pour objectif de relancer l’agriculture pour atteindre l’autosuffisance alimentaire dans une région en déclin économique depuis 30 ans, malgré un potentiel important.

World Circular Economy Forum 2019: Africa wants to go green

21-Jun-2019 - On 3-5 June, 2019, the third annual World Circular Economy Forum (WCEF) 2019 in Helsinki, Finland, organised by the Finnish innovation fund Sitra, brought together over 2,200 of the world’s top business leaders, policymakers, researchers and innovators from more than 90 countries to work towards implementing a circular economy.

La Banque africaine de développement réaffirme son engagement à soutenir Inga, un projet stratégique pour la RDC et le reste du continent

21-Jun-2019 - Le président de la Banque africaine de développement, Akinwumi Adesina, a effectué une visite, mercredi 19 juin 2019, sur le site hydroélectrique Inga, un méga projet d’une capacité totale estimée à 44 000 MW situé à quelque 276 kilomètres au sud-ouest de Kinshasa, en République démocratique du Congo.