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Adieu, 2015 – an unprecedented year in global development; Salut, 2016 – making it happen
23-Dec-2015 - 2015 will go down in history as a year when the world decided that the time had finally come to set aside individual differences and to forge a new development paradigm for the planet. A paradigm which, if implemented successfully, will not only put an end to extreme poverty as we know it but will also reverse the threat of global warming and usher in a new era of sustainable global development.
Nigerian university honours AfDB President Adesina with 2nd honorary degree
21-Dec-2015 - Exactly one week after receiving a similar award from the prestigious Obafemi Awolowo University Ile-Ife in Nigeria, the President of the African Development Bank, Akinwumi Adesina was awarded yet another Doctor of Science, Honoris Causa, from the Adekunle Ajasin University in Ondo State, Nigeria. The award was conferred in recognition of Adesina’s outstanding contribution to the development of agriculture on the continent, his passion for fighting poverty and his exceptional pursuit for excellence.
2015 Private Sector achievements: AfDB has committed USD 1 Billion in power and infrastructure in Africa
21-Dec-2015 - The Bank Group has devoted approximately USD 1 billion to supporting power and infrastructure in Africa in 2015, which the Private Sector Department (OPSD) experts describe as “an unprecedented record level.” The news was disclosed, on Friday December 18, 2015 at the Bank’s Headquarters in Abidjan, at a wrap up meeting, following the recent approval by the Board of Directors, of a senior loan worth USD 300 million to support the construction of a 912 Km of railway and associated port infrastructure of Nacala e-Velha running through landlocked...
The Bank Group and Mozambique ink USD21 million grant to promote inclusive and sustainable growth
18-Dec-2015 - The Bank Group and the Government of Mozambique, on December 15, 2015 in Abidjan, inked a protocol grant worth USD 21 million, to finance Phase II of the country's Economic Governance and Inclusive Growth Program (EGIGP II), and to improve the enabling environment for private sector development.Bank Group’s new guidance on Environmental and Social Impact Assessment to boost sustainable development in RMCs
18-Dec-2015 - The African Development Bank Group (AfDB) gives high priority to the provision of high quality technical guidance to its Regional Member Countries (RMCs) to strengthen capacity for sustainable development and to foster ownership of the Integrated Safeguards System (ISS).
AfDB committed to increase its climate financing by 40% up to 2020: Vice-President Abou-Sabaa
17-Dec-2015 - While climate change is a major threat to Africa, the continent should seize the opportunities it represents, said African Development Bank Vice-President Aly Abou-Sabaa at the COP21 climate conference in Paris. Speaking on behalf of AfDB President Akinwumi Adesina, the Vice President for Agriculture, Water, Human Development, Governance and Natural Resources, represented the Bank at the second meeting of the Milano Group on Climate Adapted Agriculture and Food Systems that took place at the Palais des Congrès de Paris on December 5.Donors welcome improved performance of NEPAD-IPPF in project preparation
17-Dec-2015 - Donors supporting the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor funded Special Fund hosted by the African Development Bank (AfDB), have welcomed the improved performance of NEPAD-IPPF.Five voluntary principles to mainstreaming climate action within financial institutions launched at COP21
17-Dec-2015 - An unprecedented coalition of the world’s leading financial institutions have officially signed on to five voluntary Principles to Mainstream Climate Action into their operations.
7th Africities Summit: AfDB commits to support African cities through strengthening of local governments
16-Dec-2015 - At the 7th Africities Summit, which took place from November 29 to December 3 in Johannesburg, South Africa, the African Development Bank reiterated its commitment to supporting initiatives for decentralisation and urban development in Africa.Launching of the Development Effectiveness Review Report on Sierra Leone
16-Dec-2015 - On Wednesday, December 9. 2015, the African Development Bank launched the Development Effectiveness Review (DER) on Sierra Leone in Freetown. The ceremony was attended by Senior Government Officials, development partners, civil society organizations and the media.
Alma Mater Honours AfDB President
15-Dec-2015 - The President of the African Development Bank, Akinwumi Adesina, has received an Honorary Doctorate Degree (Doctor of Science, Honoris Causa) from his Alma Mater, Obafemi Awolowe University, in Ile-Ife, Nigeria. Speaking at the ceremony on Saturday, December 12, the Vice Chancellor of the University extolled the virtues and achievements of President Adesina, adding that he is a son of the soil that has earned not only the award, but also the respect of all present.Souk At-tanmia et Bpifrance Université : synergie et complémentarité pour l’accompagnement des entrepreneurs tunisiens
15-Dec-2015 - Souk At-tanmia et Bpifrance unissent leurs efforts pour renforcer le suivi des jeunes entrepreneurs Tunisiens. Cette collaboration s’inscrit pleinement dans les activités de promotion de la culture entrepreneuriale et de partage de connaissances de Souk At-tanmia et de Bpifrance au travers de son programme d’accompagnement Bpifrance Université.AfDB launches the African Economic Outlook 2015 in Sudan
15-Dec-2015 - The African Development Bank (AfDB), and the United Nations Development Programme, in collaboration with the Government of Sudan launched the 14th Edition of the African Economic Outlook (AEO) on December 10, 2015.AfDB approves 6 climate finance readiness projects in 2015
11-Dec-2015 - The African Development Bank selected in 2014 22 proposals of climate finance readiness projects for appraisal. They were selected out of 362 proposals received after a first call of proposals mid-2014. 6 of the 22 proposals were retained.Suspense at COP21 on world climate deal: Has Africa finally been heard?
11-Dec-2015 - Deal or no deal? Will COP21 lead to a deal ratified by the 196 parties to the United Nations Framework Convention on Climate change? Will this agreement be universal and binding? Above all, will it finally consider the interests of Africa?AfDB tasks governments and private sector on renewable energy
11-Dec-2015 - “Investments in renewable energy should be the concern of both the government and the private sector. This is one of the best ever innovations in COP conferences and it is time private investors in Africa wake up and seize the opportunity, notes Assaad Razzouk, chairman of Association for Sustainable and Responsible Investment in Asia. He was speaking during a discussion on the theme, “Creating Enabling Environments for Private Sector Finance for Renewable Energy in Africa,’’ which held on the tenth day of the Paris climate talks on Wednesday...