07/03/2017 - The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved US $3.88 million in grants to the Governments of the Democratic Republic of Congo (DRC), Mozambique and Zambia to finance completion of regional projects preparations.
06/03/2017 - The African Development Bank provides significant financial resources to reach small and medium enterprises (SMEs), including through its non-sovereign operations. In 2016 alone, the AfDB Board of Directors approved over US $400 million in new lending to financial institutions (FIs) for Africa’s SMEs.
06/03/2017 - Officials of the African Development Bank Group (AfDB) and the African Forum for Utility Regulators (AFUR) held discussions with some 50 power regulators from across Africa during the 13th Annual AFUR and Annual General Assembly (AGA) Conference, which took place from February 27 to March 2, 2017 in Abidjan. The meetings focused on the regulatory environment required for the development of power infrastructure, the improvement of quality service and supply, and the promotion of access to energy in Africa.
06/03/2017 - The African Development Bank and the Government of Sudan, in collaboration with the International Institute of Tropical Agriculture (IITA), launched the ENABLE Youth Program in Sudan on Thursday, March 2, 2017.
06/03/2017 - On March 1, 2017, African Development Bank President Akinwumi Adesina made a courtesy call on Suad Sayed Ali Omer Beheiry, widow of the first President and founding father of the African Development Bank Group, the late Dr. Mamoun Beheiry. Having been briefed of the presence of Mrs. Beneiry in Khartoum, President Adesina made the visit a priority, which he said was the only way to communicate to Mrs. Beheiry the extent to which the Bank, and indeed Africa as a whole, appreciated the efforts and visionary leadership of her late husband Dr. Beheiry.
06/03/2017 - Relations between Morocco and the rest of the continent are intensifying. The Kingdom, which has just returned to the African Union and announced its intention to join the Economic community of West African States (ECOWAS), is pursuing commercial, economic and diplomatic offensives south of the Sahara. Above all, Morocco intends to establish itself as a major economic hub on the continent.
03/03/2017 - On March 1, 2017, African Development Bank President Akinwumi Adesina concluded his three-day official visit to Sudan with a wrap-up meeting with the Minister of Finance and Economic Planning. The meeting was attended by Senior Officials of Government, including the Undersecretary, Ministry of Finance and Economic Planning, the Central Bank Governor, the Sudanese Ambassador to Côte d’Ivoire as well as the Bank’s Executive Director for Sudan, the Director General for Eastern Africa and the Country Manager in Sudan.
03/03/2017 - The African Development Bank Group has announced the appointment of Henry Paul Batchi Baldeh as the Director for Power Systems Development with effect from May 1, 2017.
02/03/2017 - The German Federal Minister for Economic Cooperation and Development, Gerd Müller, has unveiled his Government’s proposed “Marshall Plan” with Africa at the African Development Bank Group (AfDB), saying the Plan can help resolve some of the challenges facing Africa.
02/03/2017 - On February 28, 2017, Bank Group Director General (DG), Southern Africa Regional Development and Business Delivery Office, Tonia Kandiero, and Zimbabwe’s Finance and Economic Development Minister, P.A. Chinamasa, signed a grant agreement on the Institutional support for State enterprise reform and delivery project (ISERDP) for a total amount of UA 3.0 million (approximately USD 4 million).