Press Releases

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Africa Investment Forum 2019: USA roadshow generates strong interest

15-Oct-2019 - More than 30 U.S pension fund managers, private sector CEOs and institutional investors have signaled their strong interest in participating in the second Africa Investment Forum, scheduled to take place from 11-13 November 2019, in Johannesburg, South Africa. The Africa Investment Forum is an innovative investment marketplace spearheaded by the African Development Bank to attract capital for investment on the African continent.

Tunisie : la Banque africaine de développement accorde 138 millions d’euros à la STEG pour le réseau d’électricité et les énergies renouvelables

15-Oct-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, le jeudi 9 octobre, un financement total de 138 millions d’euros en faveur de la Société tunisienne d’électricité et gaz (STEG) afin de mettre en œuvre le projet d’aménagement et d’équipement du réseau de transport d’électricité (PAERTE). Ce financement comprend un prêt de la Banque de 108 millions d’euros et des ressources mobilisées auprès du fonds « Africa Growing Together Fund » (AGTF), d’un montant de 30 millions d’euros.

Infrastructures agricoles : La Banque africaine de développement accompagne le Gabon pour changer la donne

15-Oct-2019 - La Banque africaine de développement a assuré le Gabon de son plein soutien au Projet d’Appui au Programme GRAINE phase 1 (PAPG 1) lors d’une cérémonie vendredi 4 octobre dernier à Libreville, en apportant notamment des financements économiques et sociaux dans les domaines de l’eau, l’électricité, la santé ainsi que des infrastructures agricoles.

African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa

14-Oct-2019 - The African Development Bank, in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa.

Madagascar: African Development Bank launches Africa Disaster Risk Financing Programme

14-Oct-2019 - The African Development Bank, in partnership with the Government of Madagascar and the African Risk Capacity (ARC), has launched the Africa Disaster Risks Financing Programme (ADRiFi) in Madagascar. ADRiFi is intended to strengthen Madagascar’s country's resilience and increase its capacity to manage climate-related disasters. Over the next five years it will also strengthen the country's capacity to evaluate disaster risk and provide early warning systems and contingency plans.

Sudan: African Development Bank approves $31.3 million grants for water and sanitation facilities

11-Oct-2019 - The African Development Bank Group on 9 October, 2019 approved an African Development Fund (ADF) grant of $30 million and a $1.3 million grant from the Rural Water Supply and Sanitation Initiative Trust Fund for the upgrading of water and sanitation facilities in Sudan’s North and South Kordofan states. The project will improve livelihoods and build resilience against climate change in the two states, including nomadic communities, by enhancing reliability of water and sanitation services and enhancing the public health system to benefit some...

African Development Bank, Government Pension Investment Fund, partner for green, social and sustainability bond markets

11-Oct-2019 - The African Development Bank and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in the global capital markets. The collaboration between the Bank and GPIF will focus on channeling investments towards inclusive and sustainable growth in Africa, contributing to the achievement of the Sustainable Development Goals. The agreement was signed 30th September 2019.

First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank

10-Oct-2019 - First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized by the African Development Bank. The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions using an innovative mix of photovoltaic systems.

African Development Bank partners with Senegal to host 2021 World Water Forum

10-Oct-2019 -  A Senegalese government delegation, led by the country’s Minister of Water and Sanitation, His Excellency Serigne Mbaye Thiam, briefed the African Development Bank  on Senegal’s preparations to host the World Water Forum in Dakar in March 2021. Minister Thiam met with the Bank’s Vice President for Agriculture, Human, and Social Development, Jennifer Blanke, and her senior management team on 8 October to discuss the Bank’s participation in the event’s organization and delivery.

Maroc : la Banque africaine de développement soutient l’entreprenariat des jeunes et l’innovation

09-Oct-2019 - La Banque africaine de développement a pris part à l’édition 2019 des rencontres « Innovation et Jeunesse » qui se sont tenues du 30 septembre au 4 octobre derniers. Un évènement organisé conjointement par le ministère marocain de la Jeunesse et des Sports, le ministère danois des Affaires étrangères et le Programme des Nations unies pour le développement (PNUD).

Inaugural forum paves the way for sustainable fertilizer financing in the West Africa region

09-Oct-2019 - Key stakeholders in West Africa’s fertilizer sector are calling for more action to support the industry, which is central to the continent’s agricultural revolution. The call came out of the first West Africa Fertilizer Financing Forum, organized by the African Fertilizer Financing Mechanism and partners, and held at the African Development Bank in Abidjan on 30 September and 1 October.

African Development Bank President Akinwumi Adesina receives Emeka Anyaoku lifetime achievement award

09-Oct-2019 - Former Commonwealth Secretary-General Emeka Anyaoku has presented a Lifetime Achievement Award to the African Development Bank President Akinwumi Adesina, describing him and the Bank’s work as “ legendary, unprecedented and worthy of emulation.” The Hallmarks of Labour Foundation presented the Outstanding International Icon Award to Adesina at a ceremony held in Lagos on October 6th.