Press Releases

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Sénégal : les administrateurs de la Banque africaine de développement mesurent l’impact du P2RS sur les bénéficiaires du programme

20-Feb-2020 - Les administrateurs de la Banque africaine de développement se sont rendus, hier, à Fatick, à plus d’une centaine de kilomètres de Dakar, dans le cadre de leur mission de consultation au Sénégal. Accueillis sur place par la gouverneure de la région, Seynabou Gueye, ils ont rencontré les bénéficiaires du Programme multinational de renforcement de la résilience à l'insécurité alimentaire et nutritionnelle au Sahel (P2RS), dont ils ont pu mesurer l’impact sur le quotidien des populations locales.

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum

20-Feb-2020 - Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar hosted by the African Development Bank at its headquarters in Abidjan. The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives, including those of tech giants MTN and Orange.

EAC hosts the 30th NEPAD-IPPF Oversight Committee in Arusha

19-Feb-2020 - The New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) held its 30th Oversight Committee meeting for the Special Fund at the headquarters of the East African Community, in Arusha, Tanzania.

African Development Bank Director Hanan Morsy named one of Egypt’s 50 most influential women

18-Feb-2020 - The Director of Macroeconomic Policy, Forecasting and Research at the African Development Bank, Dr Hanan Morsy, has been named one of Egypt’s 50 most influential women. Dr Hala El Said, Egypt’s Minister of Planning and Economic Development, gave the award on 5 February in a ceremony organized under auspices of the Egyptian Prime Minister.  “I am honored to be named among the most influential women in Egypt. This award validates the crucial role of women in contributing to the Egyptian economy and the continent as a whole,” said Dr Morsy.

Côte d’Ivoire : la Banque africaine de développement lance un rapport de diagnostic pays inédit sur le financement à long terme.

18-Feb-2020 - La Banque africaine de développement a lancé, vendredi 14 février à Abidjan, un rapport de diagnostic pays inédit sur le financement à long terme de la Côte d'Ivoire. Ce rapport, premier du genre réalisé en Afrique, a été élaboré par la Banque en collaboration avec l’Initiative pour le renforcement du secteur financier en Afrique (« Financial Sector Deepening Initiative in Africa », FSD Africa), la coopération allemande (GIZ) et le partenariat « La finance au service de l’Afrique » (« Making Finance Work for Africa » MFW4A).

Sénégal : les administrateurs de la Banque africaine de développement veulent évaluer les impacts des projets financés par la Banque

17-Feb-2020 - Les administrateurs du Groupe de la Banque africaine de développement conduisent une mission de consultation du 17 au 21 février au Sénégal, ponctuée, ce lundi, par des réunions dans cinq ministères et des visites dans des structures de projets.  

République démocratique du Congo : Bientôt de l’eau potable pour la ville de Mbuji-Mayi, grâce à la Banque africaine de développement

13-Feb-2020 - le Premier ministre de la République démocratique du Congo (RDC), Sylvestre Ilunga Ilunkamba a procédé au lancement des travaux de réhabilitation et de modernisation du système de production et de distribution d’eau potable de la ville de Mbuji-Mayi, dans le Kasaï-Oriental, financés par la Banque africaine de développement.

African Development Bank Rebuts World Bank President’s comments on Africa’s debt profile

13-Feb-2020 - In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a tendency to lend too quickly and in the process, add to the continent’s debt problems. This statement is inaccurate and not fact based. It impugns the integrity of the African Development Bank, undermines our governance systems, and incorrectly insinuates that we operate under different standards from the World Bank. The very notion goes against the spirit of...

AFAWA Initiative: French delegation follows through its commitment with working visit to African Development Bank headquarters

12-Feb-2020 - A delegation from the French government, led by Philippe Lacoste, director of sustainable development at the Ministry of Foreign Affairs, paid a working visit to African Development Bank headquarters in Abidjan on February 13 and 14.

African Development Bank approves $1 million grant for Uganda to stem Ebola transmission

12-Feb-2020 - The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. The grant to support Uganda’s National Ebola Viral Disease (EVD) Preparedness and Response Plan, was approved in January. Funds have been disbursed through the World Health Organization (WHO), which is the implementing agency. 

Canadian Prime Minister Justin Trudeau meets African leaders to advance conflict resolution and economic security

10-Feb-2020 - Canada’s Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on Monday to discuss ways to secure peace across the continent as a necessary condition for prosperity.  

AU Summit: First continental report on implementation of Agenda 2063 unveiled

09-Feb-2020 - The African Development Bank, the United Nations, and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation. The call was made on Saturday at the launch of the first report on the implementation of Agenda 2063 ahead of the 33rd African Union Summit in Addis Ababa. The report provides an assessment of the progress and performance of Africa’s development between 2013 and 2019.

AU Summit: African leaders call for action to end malnutrition by 2025

09-Feb-2020 - African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message of a meeting that took place during the 33rd African Union Summit. Speakers at a meeting of the African Leaders for Nutrition (ALN) included the heads of state of Madagascar, Cote d’Ivoire and Sierra Leone, national ministers of health as well as African Development Bank President Akinwumi Adesina, head of the African Development Bank.

La Banque africaine de développement réaffirme son plein soutien à la Commission du bassin du lac Tchad

07-Feb-2020 - La Banque africaine de développement a réaffirmé, mardi 4 février à Abidjan, son plein soutien à la Commission du bassin du lac Tchad (CBLT), qui regroupe le Cameroun, le Niger, le Nigeria et le Tchad, confrontés à la menace du groupe djihadiste Boko Haram.

‘A blueprint to address the continent’s human capacity gap.’ African Development Bank’s African Economic Outlook 2020 lauded at 33rd AU Summit

07-Feb-2020 - The African Development Bank’s African Economic Outlook 2020 was praised at the 33rd African Union Summit in Addis Ababa for being an effective blueprint for addressing the continent’s human capacity gap.

African Development Bank President Akinwumi Adesina to lead delegation to 33rd African Union Summit

07-Feb-2020 - The president of the African Development Bank Akinwumi Adesina is expected in the Ethiopian capital for the African Union’s 33rd Assembly of Heads of State and Government. The summit runs from 8-10 February 2020 under the theme: Silencing the Guns: Creating Conducive Conditions for Africa’s Development. 

Mali : Lancement officiel du Programme de développement et d’adaptation au changement climatique dans le Bassin du fleuve Niger

06-Feb-2020 - La Banque africaine de développement, le Gouvernement du Mali et l’Autorité du bassin du fleuve Niger (ABN) ont lancé, mardi 04 février 2020, à Bamako, le Programme intégré de développement et d’adaptation au changement climatique dans le Bassin du fleuve Niger (PIDACC/BN).

African Development Fund approves close to $35 million to the Government of Liberia for renewable energy

04-Feb-2020 - The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia.

Provide young people with new skills to meet the needs of a 21st century labor market, African Development Bank report urges

03-Feb-2020 - "Youth must be prepared for the jobs of the future – not the jobs of the past," African Development Bank President Akinwumi Adesina said on Thursday at the launch of the Bank's flagship African Economic Outlook.

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

03-Feb-2020 - Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development Bank’s President, Akinwumi Adesina, said as he unveiled the Bank’s flagship economic report on Thursday.