Press Releases
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German Government unveils Marshall Plan with Africa at the AfDB
02-Mar-2017 - Africa is a continent of opportunity facing many challenges that the Plan can help resolve. Focus on entrepreneurship, private sector, renewable energy and green growth. 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.
African Development Bank supports Zimbabwe’s State enterprise reforms with USD 4.061 million
02-Mar-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).
AfDB President Akinwumi Adesina meets with Sudanese President Omar al-Bashir
02-Mar-2017 - On Monday, February 27, 2017 in Khartoum, African Development Bank President Akinwumi Adesina paid a courtesy call on the President of the Republic of Sudan, Field Marshal Omar al-Bashir, in the company of the Minister of Finance and Economic Planning, Badre Eldin Mahmoud Abbas, during an official visit to the country. Adesina was accompanied by the Executive Director, Kwabena Boadu Oku-Afari, who represents Sudan on the Bank’s Board; the AfDB Director General (East), Gabriel Negatu; and Sudan Country Manager for the Bank, Abdul Kamara.
Sudan: AfDB President visits Africa’s leading sugar factory and the world’s largest producer of white sugar
01-Mar-2017 - On February 28, 2017, the President of the African Development Bank visited the Kenana Sugar Company (KSC) in Sudan, which is by far Africa’s largest sugar-producing agro-industrial complex and world’s largest producer of white sugar. The company operates a cane farm of 105,000 acres of land and produces 400,000 metric tons of raw sugar annually, both for domestic consumption and for export. The company employs some 16,000 people, including 4,000 seasonal workers, and generates an annual revenue of US $400 million.
Tunisie : une ligne de crédit de la BAD de 60 millions d’euros à la Banque de l’Habitat pour financer les PME
28-Feb-2017 - La Banque africaine de développement (BAD) et la Banque de l’Habitat (BH) ont signé, le 27 février 2017 à Tunis, l’accord de prêt préalable à l’octroi d’une ligne de crédit de 60 millions d’euros, destinée au financement des PME tunisiennes. Cette ligne de crédit devrait a à redynamiser les échanges économiques et commerciaux de la BH ; mais aussi soutenir la croissance de cet établissement bancaire sur le marché tunisien et renforcer sa présence en Afrique.
AfDB President pays a courtesy call on Sudan’s Minister of Finance and Economic Planning
28-Feb-2017 - The three-day official visit of the President of the African Development Bank, Akinwumi Adesina, to Sudan kicked off with a courtesy call on the Minister of Finance of Economic Planning, Badreldin Mahmoud Abass, on February 26, 2017. The hour-long meeting, which concluded with a press conference, touched on important issues that underscore the bilateral cooperation between the Bank and its country of birth, the Sudan, where it was born some 53 years ago.AfDB takes agricultural transformation discourse to India, cradle of Green Revolution
28-Feb-2017 - Agriculture, agri-business and agro-industries will dominate the knowledge events of the 2017 Annual Meetings of the African Development Bank Group scheduled to take place from May 22-26 in Ahmedabad, in India’s Gujarat State.
AfDB President holds high-level discussions with Sector Ministers to reinforce support to Sudan and roll out implementation of the High 5s
28-Feb-2017 - On Monday, February 27, 2017, the President of the African Development Bank, Akinwumi Adesina, met the Sector Ministers of the Government of Sudan to reinforce the Bank’s support to the country’s economic development. The meeting, which discussed the Bank’s current and future interventions in Sudan, was chaired by Badreldin Mahmoud Abass Mukhtar, Minister of Finance and Economic Planning (MoFEP) and Governor of the AfDB. The meeting was attended by the Ministers of Agriculture and Forests, Industry, Water Resources and Electricity, Welfare and...
AfDB President explores power supply projects in Sudan
28-Feb-2017 - On Tuesday, February 27, 2017, Akinwumi Adesina, President of the African Development Bank (AfDB), visited Garri Power Station located in Khartoum and discussed the Government of Sudan’s planned power interconnection project that is to boost electricity supply in Sudan by 3,750 MW. The Bank President was joined by the Executive Director (ED) Kwabena Boadu Oku-Afari, representing Sudan at the AfDB; the Bank’s Director General for East Africa, Gabriel Negatu; and the Country Manager for Sudan, Abdul Kamara.
SEFA commits close to US $1 million to energy access in The Gambia
27-Feb-2017 - The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA)approved a US $995,000-grant to the Republic of The Gambia to implement a programme to facilitate private investments in Green Mini-Grids (GMG) through the creation of an enabling policy, institutional and regulatory framework, as well as direct support to project development and financing.AfDB to open field offices in Benin, Guinea and Niger
23-Feb-2017 - Benin, Guinea and Niger will benefit significantly from the development support provided by the African Development Bank Group (AfDB) following the Board’s approval to open offices in the three countries in order to strengthen its operational presence, visibility and address their needs effectively.
AfDB launches three projects worth US $26 million in Zimbabwe
23-Feb-2017 - The African Development Bank and the Government of Zimbabwe officially launched three projects worth US $26 million that were recently approved by the Bank’s Board of Directors. The three ventures are Alaska Karoi Transmission Reinforcement Project (US $18 million); the Youth and Women Empowerment Project (US $4 million) and the Institutional Support for State Enterprise Reform and Delivery Project (US $ 4 million).
ADEA 2017 Triennale: Change of venue from Marrakech to Dakar
21-Feb-2017 - The flagship event of the Association for the Development of Education in Africa (ADEA), the 2017 Triennale, initially scheduled to take place in Marrakech, the Kingdom of Morocco from March 14-17, 2017, will now take place in the Republic of Senegal under the high patronage of Macky Sall, President of the Republic of Senegal and Lead Champion for the Committee of Ten Champion African Heads of State on Higher Education, Science and Technology. The dates of the ADEA Triennale remain the same.
Cap sur l’idéation avec Souk At-tanmia : des ateliers pour stimuler la créativité et faire émerger des idées de startups innovantes en Tunisie
21-Feb-2017 - Afin d’optimiser la qualité des projets bénéficiaires et de favoriser le développement d’entreprises innovantes en Tunisie, le Partenariat Souk At-tanmia lance une série de 30 ateliers de formation et d’information dans les 24 gouvernorats de Tunisie. Au cœur du programme de travail : l’idéation, ce processus qui mène de la création au développement et à la mise en pratique d’une idée originale.
AfDB engages governments and policy-makers at Investing in African Mining Indaba
20-Feb-2017 - The Investing in African Mining Indaba, one of the world’s largest mining conference, wrapped up on 9 February, 2017, in Cape Town, South Africa with the African Development Bank playing a key role in helping to shape the continent’s future in the sector. This year, the Bank, which is one of the major sponsors of the event, hosted three key sessions to help improve African governments’ knowledge and skills in the global mining sector.Burkina Faso – 5,4 millions de dollars EU de la BAD, pour développer la chaîne de valeur de l’anacarde dans le bassin de la Comoé
17-Feb-2017 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, un prêt et un don d’un montant total de 5,4 millions de dollars EU, pour financer le projet de développement de l’anacarde dans le bassin de la Comoé au Burkina Faso. L’objectif de développement du projet, qui s’achèvera en cinq ans, est de contribuer à la réduction de la pauvreté en milieu rural et à l’augmentation de la capacité de séquestration de carbone.
Côte d’Ivoire : 107 millions € de la BAD pour financer trois projets agricoles
17-Feb-2017 - La Banque africaine de développement (BAD) et la Côte d’Ivoire ont signé, mardi 14 février 2017 à Abidjan, 107 millions d’euros (70 milliards FCFA) d’accords de financement. Ce, en faveur de trois projets agricoles, qui visent à développer le tissu agro-industriel et bancaire en Côte d’Ivoire, tout en promouvant l’emploi des jeunes et l’implication des femmes, à travers l’utilisation intensive des nouvelles technologies. Ces projets s’inscrivent dans la stratégie de la BAD pour amorcer la transformation, la modernisation et la compétitivité de...