Press Releases

Search filters

21/09/2018 - The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has approved a grant of US $1 million to Liberia, to provide technical assistance to its fast-growing wood processing industry.

Categories: Liberia, Private Sector, Enhanced Private Sector Assistance for Africa: EPSA Initiative, Fund for African Private Sector Assistance

21/09/2018 - The Board of Directors of the African Development Bank gave the green light for the launch of the second phase of the Mano River Union (UFM) programme, which would improve roads and facilitate transport between Liberia and Cote d’Ivoire.

Categories: Côte d’Ivoire, Guinea, Liberia, Infrastructure, Regional Integration

20/09/2018 - “Given the size of its markets, growth, and huge potential across multiple sectors, Africa cannot be ignored.” This was the African Development Bank President, Akinwumi Adesina’s message at a public and private sector investor roundtable on Thursday in Calgary.

Categories: Canada, Partnerships, The President

20/09/2018 - The African Development Institute (ECAD), a knowledge promotion and capacity development department of the African Development Bank, and the Embassy of South Africa in Cote d’Ivoire have successfully hosted the Nelson Mandela Centenary Public Lecture, in Abidjan, Cote d’Ivoire, on September 17, 2018.

Categories: South Africa

20/09/2018 - The African Development Bank Group on 20 September 2018, announces the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months.

Categories: Cameroon

19/09/2018 - African Development Bank President, Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Business in Toronto.

Categories: Canada, Partnerships, The President

19/09/2018 - The African Development Bank, rated Aaa (Moody’s)/AAA(S&P)/AAA(Fitch), has launched and priced its new US$2-billion 5-year Global Benchmark bond, due 20 September 2023.

18/09/2018 - The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk. Room2Run is the first-ever portfolio synthetic securitization between a Multi-Lateral Development Bank (MDB) and private sector investors, pioneering the use of securitization and credit risk transfer technology to a new and previously unexplored segment of the financial markets.

Categories: Canada, Partnerships, The President

17/09/2018 - “No country can possibly move forward in the 21st century if it leaves half of its talent on the sidelines,” African Development President, Akinwumi Adesina told delegates at the launch of FinDev Canada, in Montreal, while making the Bank’s case for supporting women.

Categories: Canada