Press Releases
Displaying 1621 - 1640 of 5333
Angola, African Development Bank and Portugal Sign Lusophone country-specific compact to fast-track private sector investment
15-Jul-2019 - Angola is the latest African Portuguese speaking country to sign a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development.
African Development Bank, African Institute for Mathematical Sciences Next Einstein Initiative sign MOU to strengthen capacity in mathematics and science across the continent
15-Jul-2019 - Abidjan, Côte d’Ivoire, 15 July 2019 - The African Development Bank and the African Institute for Mathematical Sciences Next Einstein Initiative (AIMS-NEI), signed a Memorandum of Understanding on Monday to strengthen education, training and research in mathematical sciences in Africa.La Banque africaine de développement soutient le démarrage du Marché financier unifié d’Afrique centrale
12-Jul-2019 - Abidjan, 10 juillet 2019 - La Banque africaine de développement (BAD) réunit les acteurs du marché financier régional en Afrique centrale pour promouvoir le démarrage du Marché financier unifié d’Afrique centrale, le 15 juillet à Douala au Cameroun.
African Development Bank approves new financing program for energy providers, 4.5 mln people in sub-Saharan Africa to benefit from off-grid power by 2025
12-Jul-2019 - Abidjan, Côte d’Ivoire, July 12, 2019 – The Board of Directors of the African Development Bank Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan Africa – about 4.5 million people - gain access to solar power by 2025.
Board approves Independent Review Mechanism’s recommendations of the first monitoring report on Modern Mills of Mali (M3) Project
12-Jul-2019 - On 10 July 2019, the Board of Directors of the African Development Bank Group approved recommendations of the first monitoring report of the Independent Review Mechanism (IRM) on the «Diversification of Activities of the Modern Mills of Mali” (M3) Project in Mali.
Green Climate Fund announces $20m for African Development Bank’s Affirmative Finance Action for Women in Africa’s climate resilience project in Ghana
11-Jul-2019 - ABIDJAN, Cote d’Ivoire, 11 July 2019 - The Green Climate Fund has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sectAfrican Union summit: Niger’s President calls for strong support to the Bank’s General Capital Increase and African Development Fund’s Replenishment
11-Jul-2019 - Niamey, Niger, 08 July 2019 – In his opening remarks at the plenary session of the Regional Economic Communities (RECs) meeting, in Niamey, the President of Niger, Mahamadou Issoufou, commended the African Development Bank for its highly valuable contributions to bringing the launch of the African Continental Free Trade Area agreement (AfCFTA) into fruition. President Issoufou called for strong support to the African Development Bank’s quest for a General Capital Increase, “that will help accelerate the continent’s development projects”.Africa Investment Forum 2019: African Development Bank delegation presents opportunities at Japan roadshow
11-Jul-2019 - Abidjan, Côte d’Ivoire, 11 July, 2019 - Japanese companies and investors were presented with a range of investment opportunities in Africa as the African Investment Forum continued a roadshow to showcase the Forum as an innovative investment marketplace for attracting capital for projects on the continent.
Africa Investment Forum 2019: Nigeria expected to be major player
10-Jul-2019 - ABUJA, Nigeria 10 July 2019 - Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja. Following the hugely successful inaugural edition held last year, the African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November.
African Development Bank, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development
09-Jul-2019 - Abidjan, Cote d’Ivoire, 09 July, 2019 - The African Development Bank and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa.
Niger: African Development Bank President attends historic African Union summit, decries child marriage
08-Jul-2019 - Niamey, Niger 08 July 2019 – The president of the African Development Bank, Akinwumi Adesina joined continental leaders in Niger for an African Union summit which saw the official launch of the African Continental Free Trade Area agreement – the world’s largest free trade area since the formation of the World Trade Organization. The agreement, ratified in April, will cover a market of 1.2 billion people and an estimated gross domestic product (GDP) of $2.5 trillion, across all 55 member States of the African Union.
African Union Commission calls for further financial input for the NEPAD-IPPF Special Fund
05-Jul-2019 - Addis Ababa, 05 July 2019 – The 29th Oversight Committee (OC) meeting of the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund held at the headquarters of the African Union Commission in Addis Ababa, Ethiopia, has ended with calls for increased investments to accelerate the closure of Africa’s infrastructure gap.AU Summit: President Adesina to lead African Development Bank’s delegation, Continental Free Trade Area talks to top summit agenda
04-Jul-2019 - Abidjan, Côte d'Ivoire, 4 July 2019 - African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the African Union (AU) in Niger’s capital, Niamey. High on the agenda of the July 7-8 summit are discussions on the African Continental Free Trade Area (AfCFTA). President Adesina will meet African leaders to review the continent's development issues, and hold talks on the effective implementation of the AfCFTA.
Africa needs bolder private financing models for power transmission lines - energy experts
04-Jul-2019 - Abidjan, Cote d’Ivoire, 4 July 2019 – Africa’s power sector leaders must devise new mechanisms to attract more private sector investment into power transmission lines, energy experts agreed at a technical roundtable last week. The meeting, hosted by the African Development Bank to mark the 3rd Africa Energy Market Place (AEMP), explored how to structure private sector financing to meet the investment needs of transmission lines. It also covered the investment priorities of transmission companies, alternative funding options, and bankable...
African Development Bank signs agreement to open Central Africa regional headquarters in Yaoundé
02-Jul-2019 - Yaoundé, Cameroon, July 3, 2019 – The African Development Bank Group on Tuesday signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states to prop up economic integration. Cameroon’s Foreign Minister Lejeune Mbella Mbella and Khaled Sherif, Bank Vice President for Regional Development, Integration and Service Delivery, signed the agreement in Yaoundé. Top government officials, including 11 ministers and diplomats, attended the event.Le Cameroun et la Banque africaine de développement signent, le 2 juillet, un accord pour établir, à Yaoundé, le siège du nouveau bureau pour l’Afrique centrale
01-Jul-2019 - Le ministre camerounais des Relations extérieures, Lejeune Mbella Mbella et le vice-président de la Banque africaine de développement, en charge du développement régional, de l’intégration régionale et de la prestation de services, Khaled Sherif, signeront, ce mardi 2 juillet, un accord pour établir le siège du bureau régional pour l’Afrique centrale à Yaoundé, au Cameroun.Tunisie : la Banque africaine de développement accorde une ligne de crédit de 100 millions d’euros à BH Bank pour soutenir le développement du secteur privé
27-Jun-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, aujourd’hui, une ligne de crédit de 100 millions d’euros en faveur de la banque publique tunisienne BH BANK afin de soutenir le secteur privé tunisien.
African Development Bank sensitizes regional Staff on Nutrition
27-Jun-2019 - The African Development Bank hosted a sensitization session on “Banking on Nutrition” for staff from the West and Central Africa offices at its headquarters in Abidjan, Cote d’Ivoire, on 24 June 2019. The event involved representatives from partner organizations specialized in the nutrition field such as Nutrition International, which provided technical support and developed a capacity building toolkit on nutrition for Bank staff. The “Banking on Nutrition” program was also supported by Big Win Philanthropy and the Aliko Dangote Foundation.