Press Releases
Displaying 2841 - 2860 of 5337
The impact of foreign investment in African cities decrypted by UN-Habitat and AfDB experts during the Habitat III summit in Quito
31-Oct-2016 - During Habitat III, in Quito, Ecuador, the African Development Bank and UN-Habitat organized a networking event to present and discuss the preliminary findings of the first phase of research for the State of African Cities 2017 report.
L’autoroute à péage menant au nouvel aéroport international du Sénégal inaugurée par le chef de l’Etat
28-Oct-2016 - Le chef de l’Etat du Sénégal, Macky Sall, a inauguré l’autoroute à péage Diamniadio-AIBD-Sindia le Lundi 24 octobre 2016, en présence d’une forte délégation du Gouvernement du Sénégal, du corps diplomatique et des partenaires techniques et financiers du Sénégal. La Banque africaine de développement (BAD) était représentée à la cérémonie par Adalbert Nshimyumuremyi, Représentant résident par intérim au Sénégal.AfDB and OECD launch powerful tool to help African companies prevent bribery
28-Oct-2016 - New guidance from the African Development Bank and the Organisation for Economic Cooperation and Development will help African companies of all sizes set up measures to prevent bribery and improve the quality of corporate compliance and anti-bribery policies.AfDB, partners urge companies to actively tackle corruption
28-Oct-2016 - Côte d’Ivoire has joined the Partnership on Illicit Finance. The announcement was delivered by Fiacre Adopo, Adviser to the Minister of Budget, who represented the Ivorian Government during a workshop on tackling corruption, illegal trade and other forms of illicit financial flows (IFF), hosted by the African Development Bank (AfDB). The AfDB has reiterated during the two-day workshop in Abidjan the critical importance of cutting the channels of IFFs, a key to unlocking the continent’s development potential.
Mauritius reaches milestone in SEFA-supported pioneering low-carbon technology project
27-Oct-2016 - The Deep Ocean Water Applications (DOWA) project in Mauritius supported by the Sustainable Energy Fund for Africa (SEFA)marked a new milestone last week by welcoming the largest marine engineering platform of its kind – ‘Joseph Plateau’ – in Port Louis.Validation of the Zimbabwe Sustainable Energy for All (SE4All) Action Agenda
27-Oct-2016 - More than 120 stakeholders from Government, private sector, civil society, academia and development partners gathered in Harare on October 20, 2016 for the validation workshop of Zimbabwe’s Sustainable Energy for All (SE4All) Action Agenda.
Korea scales up its financial assistance for Africa’s economic transformation
26-Oct-2016 - The African Development Bank (AfDB) and the Korean Ministry of Strategy and Finance have signed an Exchange of Letters announcing Korea’s replenishment of a grant of USD 18 million to the KOAFEC Trust Fund for the year 2017-2018. The KOAFEC Trust Fund is AfDB’s largest bilateral fund. Under the agreement, Korea will support the Bank’s strategic priority areas, commonly known as the “High Fives”, which seek to address the socio-economic challenges in Africa. The assistance, will among other things, develop Africa’s value chains, agro-poles and...AfDB and Norad shed light on private sector development actions
26-Oct-2016 - The African Development Bank (AfDB) and the Norwegian Agency for Development Cooperation (Norad) hosted a seminar on Private Sector Assistance: Current Evidence on Additionality on Monday, October 24 in Oslo.La BAD octroie 950 millions de Francs CFA au Togo, en contribution à l’autonomisation économique des femmes
26-Oct-2016 - Le Groupe de la Banque africaine de développement (BAD) a accordé au Togo, un don d’un million cent cinquante-deux mille cent soixante-treize (1 152 173) Unité de Compte (UC) soit environ neuf cent quarante-cinq millions (945 000 000) francs CFA au titre de financement pour le projet d’appui à l’inclusion financière des femmes vulnérables (PAIFFV).AfDB approves US $25 million for project to make Lake Victoria safe for fisheries and transportation
26-Oct-2016 - On Tuesday, October 25, 2016, the African Development Bank approved a US $25-million loan for a multinational project to establish a safety-of-life communications systems for Lake Victoria. The largest lake in Africa accommodates a fleet of 70,000 vessels, mostly individual fishermen, but lacks any alert or rescue systems. Consequently as many as 5,000 people die in the lake each year.AfDB approves Somalia Infrastructure Fund
26-Oct-2016 - The African Development Bank Group (AfDB) has approved a framework document for the establishment of the AfDB Multi-Partner Somalia Infrastructure Fund.
AfDB ramping up efforts to prevent illicit financial flows and combat corruption
26-Oct-2016 - The African Development Bank (AfDB) is inviting journalist to a major two-day conference on corruption in Africa, including several events featuring the launch of the Anti-Bribery Policy and Compliance Guidance. This joint publication by the AfDB and the Organisation for Economic Co-operation and Development (OECD) aims to help African companies of all sizes to set up measures to stop the supply side of bribes to public officials in business transactions.AfDB with GEF helps to harness the potential of Africa’s transboundary water resources
26-Oct-2016 - On October 25 at the Global Environment Facility (GEF) Council meeting, the GEF approved the funding of USD 6.3 million for a regional project co-financed with the African Development Bank (AfDB). Funded by the International Waters (IW) window of the GEF, the project aims to strengthen transboundary cooperation and integrated natural resources management in the Songwe River Basin, shared by the countries of Malawi and Tanzania.
Business plan competition seeks clean energy entrepreneurs in West Africa
26-Oct-2016 - During ECOWAS Sustainable Energy Week held in Accra, Ghana (October 17-19), the Private Financing Advisory Network (PFAN) launched its third annual West Africa Forum for Clean Energy Financing (WAFCEF-3) business competition. The competition is open to all businesses and entrepreneurs operating and registered in any of the ECOWAS countries as well as foreign individuals and entities with projects in those countries.
ADEA/FAWE Challenge: Advancing Girls’ Secondary Education towards SDG 4 and 5
25-Oct-2016 - The Association for the Development of Education in Africa’s Working Group on Education Management and Policy Support (ADEA WGEMPS) and the Forum for African Women Educationalists (FAWE) are searching for ideas and scalable innovative programmes and projects that can successfully enhance girls’ secondary education in Africa. The challenge will run from October 25 to December 25, 2016. Participants stand a chance to win a US $1,000 cash prize.AfDB delegation hold talks with officials from Zambia and DR Congo to identify and address cross-border trade challenges
25-Oct-2016 - The African Development Bank’s Zambia Field Office in conjunction with the Regional Integration and Trade Department concluded a working visit, on September 22, to Lubumbashi in the Democratic Republic of Congo to establish current trade patterns with Zambia.Africa can benefit from Korea’s agricultural transformation experience, conference hears
25-Oct-2016 - Transforming Africa’s agriculture was the focus of the second day of the Korea-Africa Economic Cooperation Conference (KOAFEC) in Seoul.
The 5th KOAFEC Ministerial Conference opens with calls for continued support for Africa
25-Oct-2016 - The 5thKorea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened its doors in a colourful ceremony in Seoul, the Korean capital, on October 24, 2016. The event, under the theme “Transforming Africa’s Agriculture through Industrialization and Inclusive Finance” is being attended by over 500 participants, including Ministers of Finance representing AfDB’s regional member countries, pan-African institutions, regional economic communities and CEOs from the private sector.
US $350 million raised for Abidjan Sanitation Program – Phase II
25-Oct-2016 - Phase II of the Abidjan Sanitation Program has received a significant boost following the mobilization by donors of over US $350 million out of the required US $400 million needed to fund the program successfully.