Press Releases
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African Development Bank President Akinwumi Adesina leads delegation to IMF-World Bank Spring meetings
08-Apr-2019 - African Development Bank President Akinwumi Adesina is expected in Washington DC, on Monday, to take part in the IMF/ World Bank Spring meetings from 9-12 April. Dr. Adesina and a delegation of senior Bank officials, are expected to meet with US Congresswoman Karen Bass, who serves on the House Committee on Foreign Affairs where she is a Ranking Member of the Subcommittee on Africa, Global Health, Global Huma Rights and International Organisations. The meeting will be attended by other US government officials and investors.
World Health Day 2019: African Development Bank joins the global call for universal health coverage for all
08-Apr-2019 - On the occasion of World Health Day 2019, the African Development Bank Group is renewing its call for firmer commitment to pledges made by countries for universal health coverage for all individuals and communities.The African Development Bank launches a dual tranche NOK 500 million 3-year Social Bond and SEK 1.25 billion 5-year Green Bond
08-Apr-2019 - On Thursday 4 April 2019, the African Development Bank successfully priced a dual tranche NOK 500 million 3-year fixed Social Bond and SEK 1.25 billion 5-year fixed Green Bond transaction. The three-year tranche is the very first Social Bond issued in the Norwegian market. It was also the first ever NOK transaction issued by the Bank and the third Social Bond issued under its Social Bond framework.
African Development Bank VP Amadou Hott joins new Senegal Cabinet
07-Apr-2019 - President Macky Sall of Senegal has announced the appointment of Amadou Hott, Vice President for Power, Energy, Climate and Green Growth at the African Development Bank, as Minister of Economy, Planning and Cooperation.
African Development Bank announces US$100 million comprehensive relief, reconstruction and mitigation plan for Mozambique, Malawi and Zimbabwe
05-Apr-2019 - Following the devastating impact of Cyclone Idai and the unprecedented loss of life and property in Zimbabwe, Mozambique and Malawi, the African Development Bank has announced a multi-pronged response plan for the three countries. The Bank will be providing emergency assistance to the affected countries and a medium-term plan to meet the reconstruction needs of the affected areas, including a climate risk insurance plan.
African Development Bank multi-partner Somali Fund to receive US$3 million from IsDB
05-Apr-2019 - The African Development Bank has welcomed the Islamic Development Bank’s agreement to contribute US$3 million to the multi-partner Somalia Infrastructure Fund (SIF). The signing ceremony for the agreement took place on the sidelines of the 44th Islamic Development Bank (IsDB)’s Annual Meetings in Marrakech, Morocco.
African Development Bank launches Pan-African Urban and Municipal Development Fund
05-Apr-2019 - The African Development Bank has launched the Urban and Municipal Development Fund, a multi-donor trust fund to scale up interventions in urban development and drive sustainable growth in cities across the African continent.
“Coding must be compulsory, at all levels. The currency of the future is going to be coding…We must democratize technology,” Adesina tells Mo Ibrahim Governance Week
05-Apr-2019 - African Development Bank President Adesina, on Friday, pleaded for Africans to embrace technology, and governments to urgently move away from “investing in the jobs of the past, but rather in the jobs of the future. A future that is just around the corner.” Adesina was addressing a debate entitled: The New Tech Era: Job-killer or Job-creator? organised by Africa Report and Jeune Afrique as part of the 2019 Mo Ibrahim Governance Week. The debate took place in the Sofitel Hotel in Abidjan, Cote d’Ivoire.African Development Bank President Adesina to address Mo Ibrahim Governance Weekend on migration
04-Apr-2019 - African Development Bank President Akinwumi Adesina will this weekend join Africa’s most influential leaders and thinkers at the Mo Ibrahim Governance Weekend, which celebrates the continent’s leadership, debates issues of critical importance to Africa, and charts the way forward for the region. The 2019 annual event will take place on 5 and 6 April in Abidjan, Côte d’Ivoire, bringing together some of Africa’s most influential thought leaders, civil society, and multilateral institutions.East Africa’s economy races ahead of its African peers, modest growth forecast for the rest of the continent – African Development Bank
04-Apr-2019 - Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive. Job creation and ramping up manufacturing will continue to be major priority areas for creating growth and employment across the continent the African Development Bank regional reports noted.
Mauritius: African Development Bank power station renovation improves energy production, air quality
04-Apr-2019 - The refurbishment of the old Saint Louis power station has brought a breath of fresh air to those working at and living in the north west of Mauritius. Renovation of the machinery has addressed the electricity supply shortages, thanks to financial assistance from the African Development Bank. For years, the power station, the country’s main electricity production plant, located in the southern periphery of Camp Chapelon, flooded the town’s 1,500 inhabitants and 2,000 workers with noisy and gaseous emissions, leading to discomfort and ill...African Development Bank and Microsoft launch All-female Coding training in Nigeria
04-Apr-2019 - One hundred and sixty young women have begun a month-long coding class on two Nigerian campuses under a new programme to give African youth digital skills for the work force. The Coding for Employment programme, organised by the African Development Bank and Microsoft Philanthropies, prioritises young women who typically have been side-lined in the technology ecosystem.African Development Bank Regional Economic Outlook: West Africa region to see mixed growth into 2020
03-Apr-2019 - Overall economic growth in West Africa is projected to be at 3.6 percent in 2019 and 2020, boosted by the recovery of commodity prices and improved production and service sectors in the region, although challenges and uneven performance would remain, the African Development Bank’s regional economic indicator report revealed.
Burkina Faso : la Banque africaine de développement et les OSC jettent les bases d’un nouveau partenariat
01-Apr-2019 - La Banque africaine de développement et les organisations de la société civile (OSC) burkinabé ont jeté les bases d’un nouveau partenariat à l’occasion de la deuxième journée portes ouvertes, tenue le 27 mars 2019 au bureau pays de de la Banque à Ouagadougou, sur le thème : « Contribution de la Banque au développement du Burkina Faso : quel partenariat stratégique dans la conception, la mise en œuvre et le monitoring des opérations et des projets ? »
African Development Bank advances gender equality in African procurement
01-Apr-2019 - Creating space for more women in the African procurement market was at the heart of a technical workshop organised last Thursday and Friday by the African Development Bank. The Bank is spearheading gender mainstreaming actions in procurement on the African continent. It held a technical workshop in Johannesburg, South Africa, which agreed an action plan on implementing targets for the achievement of gender equality in Africa’s procurement sector and in the delivery of vital goods and services.Cameroun : la Banque africaine de développement va présenter deux rapports sur les perspectives économiques en Afrique centrale et sur le continent
01-Apr-2019 - La Banque africaine de développement va dévoiler, le mercredi 3 avril à Yaoundé, au Cameroun, les résultats de deux rapports sur les perspectives économiques en Afrique (PEA) et sur les perspectives économiques régionales (PER) en Afrique Centrale.
Cameroun : les journées d’échanges sur la promotion du secteur privé organisées par la Banque africaine de développement se sont achevées sur une note d’optimisme
31-Mar-2019 - Le vice-président de la Banque africaine de développement, chargé du secteur privé, de l’infrastructure et de l’industrialisation, Pierre Guislain, a souligné l’importance du secteur privé dans les économies africaines, et notamment dans le développement inclusif du Cameroun, à l’occasion de journées d’échanges organisées les 28 et 29 mars 2019 à Douala, capitale économique du pays.
Cameroun : la Banque africaine de développement dialogue et sensibilise sur ses instruments de financement pour renforcer les opérations du secteur privé
31-Mar-2019 - C’est dans une salle archi-comble, d’un hôtel à Douala, que de hauts responsables et experts de la Banque africaine de développement ainsi que des représentants d’institutions multilatérales et bilatérales d’appui au développement basés au Cameroun échangent, pendant deux jours, avec les acteurs clés des secteurs public et privé ainsi que les hauts responsables et des représentants de la société civile, sur la promotion et le financement du secteur privé dans le pays.