Press Releases

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Malawi: The African Development Bank approves $13.2 million for sustainable fisheries, aquaculture development and watershed management

09-Oct-2019 - The African Development Bank Group has approved a $13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi. The Sustainable Fisheries, Aquaculture Development, and Watershed Management project will provide infrastructure for increased fisheries productivity and market access. Board approval for the project was granted on 2 October 2019. The project is expected to contribute to nutritious diets, boost employment along the fish value chain, and build climate resilience along...

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.

African Development Bank and partners launch pilot Cities Diagnostics tool in five cities

07-Oct-2019 - “The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa, held on the 25th and 26th September 2019 in Abidjan. Five cities were chosen for the pilot phase of the Cities Diagnostics for 2019 -2020: Antananarivo (Madagascar), Bizerte (Tunisia), Conakry (Republic of Guinea), Dodoma (Tanzania) and Libreville (Gabon) and were represented by their respective authorities.

Tunis : la Banque africaine de développement présente au secteur privé des opportunités d’affaires pour l’Afrique du Nord

04-Oct-2019 - La Banque africaine de développement a organisé, ces deux derniers jours à Tunis, un séminaire d’opportunités d’affaires dédié à l’Afrique du Nord. Après Johannesburg et Nairobi, cette présentation dans la capitale tunisienne avait pour objectif de renforcer le dialogue entre la Banque et le secteur privé, tout en identifiant de nouvelles opportunités d’investissement et de financement. Le séminaire a accueilli près de 200 participants issus de 23 pays, représentant des entreprises de l’industrie, du génie civil, des travaux publics et du...

UNGA 2019: African Development Bank announces new accountability index to measure institutional lending to women

03-Oct-2019 - A new tool to track the level of lending to women across the continent will be important for ensuring women get the critical financial help they need, African Development Bank president Akinwumi Adesina told attendees at a public event held on the sidelines of the UN General Assembly.

Kenya: African Development Bank Group approves loans of €209m for expansion of ‘Great North Road’

03-Oct-2019 - The Board of Directors of the African Development Bank Group has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya. The approval was granted on 26 September during a meeting at the Bank’s headquarters in Abidjan. The total project cost is €257.68 million, of which €178.02 million (69%) will be financed by the Bank Group, while 12% will come from the Africa Growing Together Fund, set up by the Bank and the People’s Bank of China in 2014. The remaining 19% will be financed by the...

Tchad : la Banque africaine de développement approuve un prêt de 18 millions d’euros pour le projet de centrale solaire de Djermaya

01-Oct-2019 - Le Conseil d’administration de la Banque africaine de développement a approuvé, le jeudi 26 septembre, un prêt de 18 millions d’euros ainsi qu’une Garantie partielle de risque (GPR), pour la mise en place de la centrale solaire de Djermaya au Tchad.

Le Bureau de suivi du Plan Sénégal émergent et le Delivery Unit du Maroc partagent leurs expériences à la Banque africaine de développement

01-Oct-2019 - Le Bureau opérationnel de suivi du Plan Sénégal émergent (BOS-PSE) et le Delivery Unit du Maroc (DU) ont partagé, lundi dernier à Abidjan, leur savoir-faire dans le suivi de l’exécution des projets.

First West Africa Fertilizer Financing Forum, hosted by African Development Bank, opens in Abidjan

01-Oct-2019 - “Effective partnerships for financing are key to the fertilizer sector growth.” Bank Vice President Pierre Guislain   Actors in West Africa’s fertilizer industry emphasized the need to financially support the fertilizer value chain to improve agricultural productivity in the region. Agriculture ministers, development partners and private sector leaders made the call during the opening ceremony of the first West Africa Fertilizer Financing Forum in Abidjan, Côte d’Ivoire, on Monday 30 September.

Bénin : la Banque africaine de développement prête 61 millions d’euros pour l’assainissement pluvial de Cotonou

27-Sep-2019 - Le Conseil d’administration de la Banque africaine de développement a approuvé, ce jeudi à Abidjan, un prêt de 61 millions d’euros au Bénin pour la mise en œuvre du Projet d’appui au programme d’assainissement pluvial de Cotonou (PAPC), la capitale économique du pays étant sujette régulière à des inondations.