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President Adesina at G7 summit in Biarritz: women’s entrepreneurship, climate and fragility at the heart of the agenda23-Aug-2019 - Biarritz, France, 23 August 2019 – The president of the African Development Bank, Akinwumi Adesina, will head a delegation to the G7 summit, to be held from 24 to 26 August in Biarritz, in south-western France.
Changement climatique : vers un forum annuel pour encourager les investissements climatiques en Afrique19-Aug-2019 - L’atelier international sur la préparation des projets d’investissement pour la Réduction des émissions dues à la déforestation et la dégradation des forêts (REDD+) en Afrique, s’est tenu du 13 au 15 août 2019 à Abidjan. Des experts en gestion durable des forêts venant de 18 pays africains se sont engagés à organiser annuellement un forum sur les investissements REDD+, en vue de mobiliser des fonds destinés à la lutte contre le changement climatique sur le continent.
São Tomé and Príncipe fifth country to sign Lusophone country-specific compact to accelerate inclusive private sector led growth16-Aug-2019 - São Tomé, São Tomé and Príncipe, 16 August 2019 – São Tomé and Principe signed, on Thursday, a country-specific memorandum of understanding for the implementation of the Lusophone Compact aimed at accelerating inclusive, sustainable, and diversified private sector growth.
African Development Bank welcomes $20 million investment from the Clean Technology Fund for the Facility for Energy Inclusion14-Aug-2019 - The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF) on August 8, 2019 approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to provide sustainable financing for small-scale renewables in Africa.
Africa’s key development partners unite to tackle hunger as millions face food insecurity in times of climate change09-Aug-2019 - Kigali, August 8, 2019 – Development partners in Africa have pledged to pool their resources to counter food insecurity on the continent. The commitment was formalized at the first Africa Food Security Leadership Dialogue (AFSLD) held in Kigali, Rwanda, August 5-6, in partnership with the African Union, leaders of the African Development Bank, the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development and the World Bank.
Nigeria: African Development Bank extolls Chinese commitment to Africa, explores potential partnerships with investors08-Aug-2019 - Abuja, Nigeria - 8 August 2019: The African Development Bank in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of special agro-Industrial processing zones (SAPZs) across Africa. The Bank delegation, led by Professor Banji Oyelaran-Oyeyinka, the senior special adviser on industrialisation to the African Development Bank’s President, paid a courtesy call to Nigeria’s Vice President, Professor Yemi Osinbajo, who assured the consortium of the tremendous investment opportunities...
African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor06-Aug-2019 - The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project.
AU, African Development Bank sign $4.8 million grant earmarked for continental free trade secretariat06-Aug-2019 - The African Development Bank Group on Monday signed a $4.8 million institutional support grant to the African Union (AU) for implementation of the African Continental Free Trade Area (AfCFTA). The grant, approved by the Group’s Board of Directors on 01 April 2019, forms part of a series of interventions by the Bank in its lead role to accelerate implementation of the Free Trade Agreement, seen as a major force for integrating the 55-nation continent and transforming its economy.
Egypt: African Development Bank, African Export-Import Bank roadshow launches preparations for 2nd Africa Investment Forum06-Aug-2019 - Cairo, Egypt, 6 August 2019: The African Development Bank and the African Export-Import Bank (Afreximbank) held a roadshow in Cairo to launch preparations for the second Africa Investment Forum taking place in Johannesburg, South Africa, 11 - 13 November 2019. The Africa Investment Forum aims to raise capital for transformational investment opportunities across Africa.
05-Aug-2019 - Namibian President Hage Geingob has hailed the expansion of the Walvis Bay port as a new chapter in the country’s economic transformation.