Press Releases
Displaying 3141 - 3160 of 5337
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.
General Electric’s Chairman holds talks with AfDB First Vice-President on partnership opportunities in the region
04-Mar-2016 - The Global Chairman and CEO of General Electric (GE), Jeff Immelt, and the GE leadership team held a working session with senior African Development Bank leadership led by its Acting First Vice-President, Charles Boamah on Wednesday, March 2 in Abidjan. Both parties discussed mutually beneficial opportunities that will broaden and deepen existing relationships. The GE Chairman said, “GE’s relationship with the African Development Bank is key for our strategy on the African continent. As you know Africa is one of the most promising growth...African Legal Support Facility receives US $22 million from the AfDB
01-Mar-2016 - The Africa Legal Support Facility (ALSF) welcomed the announcement from the African Development Bank (AfDB) Group Board of the release of US $22 million to support legal advisory and capacity building initiatives in fragile states under the African Development Fund window.
ADEA and Government of Rwanda launch Inter-Country Quality Node on Teaching and Learning in Kigali to boost quality education
29-Feb-2016 - The Association for the Development of Education in Africa (ADEA) and the Government of Rwanda through the Ministry of Education signed a Memorandum of Understanding (MoU) to foster education quality through the launch of the new Inter-Country Quality Node on Teaching and Learning (ICQN-TL) in Kigali on February 18, 2016.
AfDB President Akinwumi Adesina and Ségolène Royal, French Minister of the Environment, for a transformational strategic partnership for Africa
26-Feb-2016 - During a 48-hour working visit to Côte d'Ivoire, the French Minister of the Minister of the Environment, Energy and the Sea, Ségolène Royal, met with Akinwumi Adesina, President of the African Development Bank, on Friday, February 26 at the Bank's headquarters in Abidjan. They discussed cooperation between the pan-African financial institution and her country, France.AfDB-Seychelles: New development strategy targets diversification and resilience
25-Feb-2016 - The Board of Directors of the African Development Bank (AfDB) on Wednesday, February 24, 2016 approved the 2016-2020 Country Strategy Paper (CSP) for Seychelles, which aims to foster a more diversified economy with greater resilience to external shocks and job creation for youth. The approval comes with a US $39-million financing package which will be complemented with trust fund resources, climate funds as well as resources to be mobilised from parallel and co-financing mechanisms.AfDB Board approves 2016-2020 Country Strategy Paper for Tanzania
25-Feb-2016 - The African Development Bank Group (AfDB) will support Tanzania’s economic transformation to inclusive and green growth with an indicative concessional resource assistance package estimated at over US $1.1 billion over a five-year period. The support package is contained in the Bank’s 2016-2020 Country Strategy Paper (CSP) for Tanzania, which will guide the Bank’s operations in the country in the next five years. The CSP was approved by Bank’s Board of Directors on Wednesday, February 24, 2016 in Abidjan, Côte d’Ivoire.1.125% US$ 1.0 Billion Benchmark due 4 March 2019
25-Feb-2016 - Issuer: African Development Bank (AfDB)Rating: Aaa (Moody’s) / AAA (S&P) / AAA (Fitch)Issue amount: USD 1.0 billionPricing Date: 4 February 2016Settlement Date: 4 March 2016 (T+7)Coupon: 1.125% (semi-annual)Maturity: 4 March 2019Benchmark: UST 0.750% due 15 February 2019Reoffer Price: 99.906%Reoffer Yield: 1.157% (semi-annual)Re-offer vs. Mid-Swaps: + 29 bps
Adesina received by the Egyptian President during Africa 2016 forum in Sharm el-Sheikh
22-Feb-2016 - On February 20, 2016, Egyptian President Abdel Fattah el-Sisi received African Development Bank (AfDB) President Akinwumi Adesina during the "Africa 2016" forum held in Sharm el-Sheikh, Egypt. The Minister for International Cooperation, Sahar Nasr, attended the meeting, as did a number of Senior Bank officials.AfDB and World Bank meet to discuss way forward for Africa Hydromet Program
22-Feb-2016 - Faced with drought, flooding, and climate-resilient infrastructure, adequate hydro-meteorological services are necessary to support resilient growth across a range of sectors in Sub-Saharan Africa. But given 80 percent of such services on the continent are under-funded, have weak capacity and deteriorated infrastructure, collaboration is seen as the only viable solution to help turn the situation around.First meeting of insurance bodies urges closer cooperation to boost investments in Africa
22-Feb-2016 - Over 30 participants from 18 institutions that provide guarantees and insurance in Africa gathered in Abidjan, Côte d’Ivoire, from February 15 to 16, 2016 for the Abidjan Union, the first pan-African meeting of export credit and investments insurers in Africa.Boosting Affordable Housing in Africa: AfDB approves US $8.2-million equity participation in Shelter Afrique
19-Feb-2016 - The Board of Directors of the African Development Bank (AfDB) approved on Thursday, February 18, 2016 a US $8.2-million equity investment in Africa’s housing and habitat company, Shelter Afrique, to strengthen its balance sheet and help it achieve its objective of providing quality affordable housing in Africa. This marks an important step towards addressing the acute shortage of housing in most African countries, while creating jobs and enhancing income in Africa.African Development Bank and Mano River Union meet to discuss development of the region
19-Feb-2016 - The African Development Bank (AfDB) and the Mano River Union (MRU) held a joint technical seminar in Abidjan this week to discuss reactivation of the MRU initiative. The initiative aims to strengthen regional integration and resilience by reducing the infrastructure gap, with a special focus on energy and road infrastructure. It also seeks to facilitate intra-regional connectivity, and promote trade and private sector development within its member states of Côte d’Ivoire, Liberia, Sierra Leone and Guinea.
New report urges Africa to address fragility through natural resources management
16-Feb-2016 - The African Development Bank Group (AfDB) and the Washington-based Environmental Law Institute (ELI) have produced a new report on natural resources management in fragile and conflict-affected countries. This flagship report examines how African countries in fragile situations can work towards addressing the causes and drivers of fragility by better managing natural resources across sectors.
AfDB champions effective management of natural resources to attract investment
16-Feb-2016 - The African Development Bank, under the leadership of its African Natural Resources Center (ANRC), hosted a series of events at Mining Indaba 2016 in a concerted campaign to support African Governments in their efforts to attract sustainable and environmentally friendly investment. One of the world’s largest mining conferences in the world, Mining Indaba took place from February 8-11 in Cape Town, South Africa.
Kevin Urama and Maria Mulindi appointed Senior Advisors to AfDB President
15-Feb-2016 - The African Development Bank (AfDB) has announced the appointments of Kevin Chika Urama and Maria Mulindi as advisors to the Bank’s President, Akinwumi Adesina. In announcements released on Sunday, February 14, 2016, the Bank’s Human Resources Department said that Urama has been Appointed Senior Policy Advisor to the President on Inclusive and Green Growth, while Mulindi will serve as Senior Advisor, Civil Society and Community Based Organizations.
AfDB Executive Directors end consultation mission to Egypt with a courtesy visit to the country’s President
15-Feb-2016 - An official delegation of seven Executive Directors (EDs) of the African Development Bank concluded on February 14 their eight-day consultation mission to Egypt. The EDs are members of the Bank’s Board of Directors and represent the constituencies of Algeria, Belgium, Botswana, Canada, China, Djibouti, Egypt, France, Gambia, Ghana, the Republic of Korea, Kuwait, Lesotho, Liberia, Libya, Malawi, Mauritania, Mauritius, Sierra Leone, Somalia, South Africa, Spain, Sudan, Swaziland and Turkey.Gender, Energy and Clean Cooking Solutions on the agenda at SE4ALL 3rd Annual Workshop
12-Feb-2016 - On Thursday, February 11, the African Development Bank’s (AfDB) Office of the Special Envoy on Gender (SEOG), in collaboration with the Sustainable Energy for All (SE4All) Africa Hub, the International Network on Gender and Sustainable Energy (ENERGIA) and the ECOWAS Center for Renewable Energy and Energy Efficiency (ECREEE), organized an event that focused on Gender, Energy and Clean Cooking Solutions.Stakeholders gather in Abidjan to advance Sustainable Energy for All in Africa
12-Feb-2016 - Over 100 stakeholders from Government, private sector, civil society, and international organizations gathered in Abidjan, Côte d’Ivoire, for the annual Sustainable Energy for All (SE4All) Africa workshop.