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24/04/2017 - The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/AFMISM Bloomberg® African Bond Index (ABABI) in February 2015. Calculated by Bloomberg Indices, the composite index is currently comprised of the Bloomberg South Africa, Egypt, Nigeria, Kenya, Botswana and Namibia local currency sovereign indices and have been joined from April this year by Ghana and Zambia.

Categories: Ghana, Zambia, African Financial Markets Initiative (AFMI)

22/04/2017 - Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.

Categories: United States of America, Infrastructure, Partnerships, Private Sector, The President

21/04/2017 - The Board of Directors of the African Development Bank (AfDB) has approved the new Results Management Framework (RMF), for the period 2016-2025. The RMF is designed, not just to measure the Bank’s performance, but also to improve it. The RMF is aligned with the Bank’s five priority areas of development, the “High 5s”: light up and power Africa, feed Africa, industrialise Africa, integrate Africa and improve the quality of life for the people of Africa.

21/04/2017 - The African Development Bank’s “10,000 Communities in 1,000 Days” Initiative was launched by Bank President Akinwumi Adesina during the inaugural African Resilience Forum in January 2017.

Categories: Human Capital Development, Poverty Reduction, Youth, Employment, Gender, Fragile States Facility, The President

21/04/2017 - In an impassioned speech delivered at the Center for Global Development in Washington, DC, on Wednesday, April 19, African Development Bank President Akinwumi Adesina spoke about Africa’s enormous potential, and the Bank’s ambitious development agenda, which he said was well underway.

Categories: United States of America, Employment, Agriculture & Agro-industries, Partnerships, Youth, Gender, Human Capital Development, Energy & Power, Fragile States Facility, The President

20/04/2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved the eligibility assessment for compliance review of the Bank-financed construction of a 125 MW Coal Sendou Power Plant Project in the village of Bargny Minam in Senegal.

Categories: Senegal, Independent Review Mechanism (IRM), Independent Review Mechanism (IRM)

20/04/2017 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, is pleased to announce the appointment of Carole Wamuyu Wainaina as Chief Operating Officer. She will lead a multi-disciplinary team on the non-investment side of the organization, including Investor Relations, Strategy, Communications, HR and Administration, and Environmental and Social Governance.

Categories: Kenya, Morocco, Africa50, Infrastructure

18/04/2017 - Bank Group (AfDB) Director-General for the West African Region, Janvier Litse visited the Republic of Benin from 10 to 12 April 2017 as part of a dialogue mission with the country's authorities. The visit falls within the Bank’s commitment to strengthen cooperation with member States. It provided an opportunity to discuss issues related to the imminent opening of the Bank’s National Office in the country. Discussions between a Bank-led multidisciplinary team and the Government officials enabled the two parties to agree on key issues including the facilities, immunities, privileges and exemptions of the National Office and its staff.

Categories: Benin

  • From: 18/04/2017
  • To: 23/04/2017
  • Location: Washington, DC

The African Development Bank (AfDB) is participating in the Spring Meetings of the International Monetary Fund (IMF) and World Bank, in Washington, DC, from April 18-23, 2017. The annual gathering brings together over 1,000 participants from government, civil society, the private sector, the media and academia.

Categories: United States of America, Fragile States Facility, Food Production, Partnerships, Poverty Reduction, Human Capital Development, Private Sector, Agriculture & Agro-industries, Employment, Nutrition, Youth, Infrastructure, The President

13/04/2017 - The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) supplementary loan of US $14.57 million to rehabilitate and expand the distribution networks in Juba, South Sudan.

Categories: South Sudan, Energy & Power