Press Releases

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Afrique : La Banque africaine de développement soutient la sylviculture en Afrique orientale et australe avec un investissement de 20 millions de dollars

06-Sep-2019 - Le Conseil d’administration de la Banque Africaine de Développement a approuvé jeudi 5 septembre 2019, à Abidjan, un investissement de 20 millions de dollars américains en faveur du Fonds africain de la sylviculture (FAS II). FAS II est géré par Criterion Africa Partners (CAP) une société d’investissements spécialisée dans le secteur forestier et basée en Afrique du Sud.

La Banque accueille 11 nouveaux administrateurs

04-Sep-2019 - Le Conseil d’administration de la Banque africaine de développement accueille en son sein 11 nouveaux membres pour les trois prochaines années. Ces derniers ont été présentés à leurs pairs à l’occasion du programme d’orientation, qui se déroule du 2 au 4 septembre au siège de la Banque, à Abidjan. Trois femmes d’expérience et de différents pays, font leur entrée dans cette instance de la Banque.

African Development Bank Group appoints Chinelo Anohu to head Africa Investment Forum

03-Sep-2019 - Abidjan, Cote d’Ivoire, 3 Sept 2019 - The President of the African Development Bank Group, Dr. Akinwumi Adesina, has announced the appointment of Mrs. Chinelo Anohu, a highly accomplished international corporate lawyer, as head and senior director of the Africa Investment Forum.

African Development Bank announces senior appointment in Asia

03-Sep-2019 - The president of the African Development Bank, Dr. Akinwumi Adesina, has approved the appointment of Mr. Takashi Hanajiri, as head of the Asia external representation office in the Bank’s Tokyo office with effect from 16 August, 2019.

Economic recovery plan is on track and showing results, says finance minister of Eswatini’s new “Cabinet of CEOs”

02-Sep-2019 - Ezulwini, Eswatini, 2 September 2019 – The Kingdom of Eswatini has embarked on a recovery plan to fight its way out of an economic slump, the country’s Finance Minister Neal Rijkenberg said on Monday. Rijkenberg made the remarks during an official visit by African Development Bank Group President Akinwumi Adesina. He said the new government, which took office after elections in November 2018, had adopted a strategic roadmap to guide the economic recovery.

TICAD7: Invest in Africa’s food markets to win the war on hunger and boost nutrition – African Development Bank

30-Aug-2019 - Yokohama, Japan 30 August 2019 – By investing in Africa’s food markets, governments can win the fight against stunting and improve nutrition across the continent. And with support from institutions like the African Development Bank, the results would be a win-win situation for all.

TICAD 7: African leaders make a clarion call for increased private sector engagement

30-Aug-2019 - Yokohama, Japan, 30 August 2019 - The African Development Bank delegation’s packed sessions kicked off on Thursday with President Adesina addressing Plenary Session 3 on Public-Private Business Dialogue: Enhance Trade and Investment between Japan and Africa.

Japan and African Development Bank announce $3.5 billion in support of Africa’s private sector development

30-Aug-2019 - Electricity, transport, and health identified as key priorities Yokohama, Japan, 30 August 2019 - Japan and the African Development Bank on Friday announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4), during the 7th Tokyo International Conference on African Development (TICAD 7). Both Japan and the Bank have set a target of $1.75 billion each, from 2020-2022, to enhance the fourth phase of EPSA to spur private-sector-led sustainable and inclusive growth in Africa.

TICAD7: African Development Bank discusses relief for fragile states through innovative private sector financing solutions

29-Aug-2019 - Access to concessional resources and insurance cover for pioneering investments, offer fragile nations the best tools to jump-start their economies, the African Development Bank said.

African Development Bank Group signs $28.8 million grant deal with Somalia for road and water projects

29-Aug-2019 - Mogadishu, Somalia, 29 August 2019 – The African Development Bank Group on 27 August 2019 signed two grants for $28.8 million for road and water supply projects to improve livelihoods in Somalia and boost resilience. The grants, approved by the Bank’s Board on 19 July 2019, confirm sustained efforts, especially by the African Development Fund, to tackle fragility in the Horn of Africa. They comprise $11.99 million for the Kismayo Baidoa urban water project and $16.86 million to partly finance a $66.7 million road.

African Development Bank President to visit the Kingdom of Eswatini

29-Aug-2019 - Abidjan, Côte d’Ivoire, August 29 - African Development Bank Group President Akinwumi Adesina arrives in the Kingdom of Eswatini on Saturday for an official visit, which will include a trip to one of the major Bank-funded projects in the country. Adesina will meet with Eswatini Minister of Finance Neal Rijkenberg.

TICAD7: PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

28-Aug-2019 - “We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity.” - Adesina urges. Yokohama, Japan, 28 August 2019 – The Sasakawa Association will work with the Japan International Cooporation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7.