Press Releases
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AfDB President Adesina leads Bank mission to Japan, Korea and China
22-Mar-2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, will lead a top-level Bank team on a working visit to Japan, Korea and China from March 24-29.
The Bank Group and the Government of Japan agree to work together for co-development by promoting private investments on the continent
22-Mar-2016 - A 40-member delegation of Japanese investors paid a courtesy call on the African Development Bank Group in Abidjan on Monday, March 21, 2016, and met with AfDB President Akinwumi Adesina. The meeting focused on further strengthening AfDB-Japan cooperation in the public sector as well as promotion of Japanese business and private investments in Africa.Half of Africa’s nations advancing climate solutions to front burner in national development plans: report
22-Mar-2016 - The African Development Bank (AfDB) has released Financing Change: the AfDB and CIF for a Climate-Smart Africa, its 2015 Annual Report for its Climate Investment Funds (CIF) portfolio.
‘There’s no cooking like home cooking’: Harnessing the power of local capital to finance Africa
22-Mar-2016 - “It seems we are all agreed that the solutions lie within Africa,” said Charles Boamah, Acting First Vice-President and COO of the African Development Bank, and moderator of a panel debating the power and potential of African local capital markets on Day 2 of the Africa CEO Forum in Abidjan. The panelists were unanimous that Africa has the means to finance its own development needs, and the discussion focused largely on the methods.Africa – the next clean energy powerhouse?
21-Mar-2016 - Can Africa be the next clean energy powerhouse? That was the question posed by the second plenary panel at the Africa CEO Forum - and panelists reached the conclusion that the answer was yes, if the right policies and the requisite political will are in place. As Siyanga Malumo, CEO of the Copperbelt Energy Corporation, said, "The money is there: so we need the policy, the enabling environment, and the right tariff structure."AfDB celebrates World Water Day - Water and Employment: What future?
21-Mar-2016 - The African Development (AfDB) attaches considerable importance to the water and employment sectors – which are also parts of its five operational priorities, the High Fives – and is supporting the Ivorian Government in celebrating the 2016 edition of the World Water Day, on March 22, 2016. The theme this year is “Water and Jobs”. Industry experts, scientists, development partners and representatives of the civil society will discuss how water can contribute to create jobs and wealth.Sierra Leone poised to transform renewable energy sector with strengthened public and private sector participation
21-Mar-2016 - Sierra Leone has received a $300,000 grant from the Climate Investment Funds (CIF) to prepare a far-reaching national Investment Plan (IP) to transform its renewable energy sector.
Africa is open for business: The African Development Bank calls on African private sector
21-Mar-2016 - Africa’s private sector will continue to lead the continent towards economic transformation, African Development Bank President Akinwumi Adesina said Monday at the launch of the fourth Africa CEO Forum in Abidjan.AfDB approves loan for Rwanda’s first regional hydropower public-private partnership project
17-Mar-2016 - The African Development Bank Group announced on 16 March a US$ 24 million loan to support Rwanda’s contribution to the development of the Multinational Ruzizi III Hydropower Project. The project is a joint initiative of the three Great Lakes Region countries – Burundi, Democratic Republic of Congo and Rwanda – and will increase electricity trading within the region and beyond.
AfDB President commits to support Liberia’s transformation agenda
15-Mar-2016 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has pledged to support Liberia’s effort to diversify its economy, with a particular emphasis on the agriculture and power sectors. Adesina, who led an AfDB delegation to Liberia last week, gave the pledge at an official dinner in Monrovia. He assured President Ellen Johnson Sirleaf and her Government that the Bank would do its utmost to support Liberia.AfDB Executive Directors conclude visit to Malawi
14-Mar-2016 - A team of nine African Development Bank Executive Directors visited Malawi from March 6 to 11, 2016 on a high-level consultation and dialogue mission. During their visit, the Executive Directors met with President Arthur Peter Mutharika, Finance Minister Goodall Gondwe, Cabinet Ministers, Reserve Bank Governor Charles Chuka, the Speaker of Parliament, Richard Msowoya, senior government officials, representatives of the private sector and civil society, and development partners.
Atelier de la BAD sur la compétitivité des pays d’Afrique du Nord : analyse, dialogue et perspectives
10-Mar-2016 - Accroitre la compétitivité des pays de l’Afrique du Nord en s’appuyant sur les recommandations du dernier Rapport sur la compétitivité en Afrique, tel était l’objet d’une journée de réflexion organisée par la Banque africaine de développement (BAD), mercredi 9 mars 2016, à Tunis.Legislation and training crucial for tackling cybercrimes targeting women
10-Mar-2016 - Cyber-based violence against women was the focus of a forum hosted by the African Development Bank (AfDB) in commemoration of the International Women’s Day on March 8, 2016. The Bank’s East African Regional office organized the panel discussion on “Women at the forefront of Development: The Fight against Cyber-Based Violence” in Kenya’s capital, Nairobi. Participants heard of the horror that is online bullying as victims provided testimonies of how their lives have been harmed by the act.AfDB approves over US $36 million support package for Djibouti
09-Mar-2016 - The African Development Bank Group will help Djibouti to diversify its economy, improve governance and create employment for the country’s young population. These commitments were agreed in the 2016-2020 Country Strategy Paper (CSP) for Djibouti approved by the Bank’s Board of Directors on Wednesday, March 9, 2016 in Abidjan, Côte d’Ivoire.AfDB receives Green Climate Fund accreditation to increase low-carbon and climate-resilient development in Africa
09-Mar-2016 - The African Development Bank announced its accreditation on Wednesday, March 9 as a multilateral implementing entity and intermediary to the Green Climate Fund (GCF), further enabling it to scale-up financing necessary to address the impacts of climate change.
La BAD mobilise 12,47 milliards de francs CFA pour la gouvernance fiscale au Togo
08-Mar-2016 - Le Groupe de la Banque africaine de développement (BAD) vient de signer à Lomé avec le gouvernement du Togo, un protocole d’accord de don d’un montant de 9, 91 milliards de francs CFA et un accord de prêt d’un montant de 2, 56 milliards de FCFA provenant des ressources de la Facilité d’appui à la transition (FAT), soit l’équivalent de 12,47 milliards de FCFA pour le financement du Projet d’appui à la gouvernance fiscale (PAGFI).
New AfDB partnership to stem gender-based cyber violence
08-Mar-2016 - The African Development Bank (AfDB) has launched a partnership with Facebook, the Kenya ICT Authority, Judiciary and the Kenya Police to increase awareness on cyber-based gender violence. The event, which took place in Nairobi, Kenya, on Tuesday, March 8, 2016, was part of the Bank’s activities to mark International Women’s Day. The Bank was represented by AfDB’s Special Envoy on Gender, Geraldine Fraser-Moleketi, and the Regional Director for East Africa, Gabriel Negatu.
AfDB releases new report on the impact of Ebola on women
07-Mar-2016 - On the occasion of International Women’s Day, March 8, 2016, the Office of the African Development Bank’s Special Envoy on Gender, Geraldine Fraser-Moleketi, has launched a report on “Women’s Resilience: Integrating Gender in the Response to Ebola.”Pilot city project to guide achievement of universal water supply and sanitation access in Zimbabwe
04-Mar-2016 - The implementation of an Integrated Urban Water Management (IUWM) Masterplan will help Marondera city of Zimbabwe reach universal access to drinking water and sanitation by 2025. The design of Marondera’s IUWM masterplan is supported by a EUR 2 million grant from the African Water Facility (AWF) with a view to ensuring sustainable management of water and sanitation services for the region’s population.