Press Releases

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G5 Sahel Heads of State throw their weight behind African Development Bank's Desert to Power initiative

16-Sep-2019 - G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical meeting attended by the region’s energy ministers, and development partners including the World Bank, Agence Française de Développement, Masen (Moroccan Solar Energy Agency), and regional institutions such as the West African Economic and Monetary...

G5 Sahel Summit: African Development Bank, partners, commit to light up and power the Sahel with the Desert to Power initiative

13-Sep-2019 - Dr. Akinwumi Adesina, president of the African Development Bank, has arrived in Ouagadougou, capital of Burkina Faso, ahead of the G5 Sahel Summit, and was received by Burkina Faso’s president, Mark Roch Christian Kaboré. The Burkinabe president applauded the Bank’s Desert to Power initiative, and also highlighted his country’s excellent relationship with the Bank, expressing his thanks for the portfolio of projects implemented. The Bank president is an invited guest at the G5 Sahel Summit of heads of state and government on 13 September.

Innovative thinking marks African Development Bank’s Africa jobs manifesto

13-Sep-2019 - Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye Auditorium at the Bank’s headquarters, attended by senior management, diplomats, staff, and media representatives.

African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

13-Sep-2019 - The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year.

International Financial Institutions: Corporate Secretaries to meet in Abidjan 11-13 Sept

11-Sep-2019 - The Corporate Secretaries of International Financial Institutions (IFIs) will hold their 20th annual meeting from 11 to 13 September 2019 at the headquarters of the African Development Bank in Abidjan. The Abidjan deliberations will seek to build on the achievements of the group’s meeting in Bali, Indonesia, a year ago. Members will address the effectiveness of the IFIs governing Board, broadening the role of Board committees, supporting board committees, and strengthening relationships between the Board and management.

African Development Bank wins prestigious procurement award

09-Sep-2019 - The African Development Bank has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management professionals, with offices all over the world including Africa.

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.

African Development Bank, African Fertilizer and Agribusiness Partnership sign $5.4 million agreements to foster fertilizer market in Nigeria and Tanzania

06-Sep-2019 - The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania, potentially benefitting hundreds of thousands of smallholder farmers. The organizations held a signing ceremony at the African Green Revolution Forum in Accra, Ghana on 5 September 2019.

African Green Revolution Forum 2019: African Development Bank, partners relaunch agriculture platform

06-Sep-2019 - First Row: Martin Fregene, Director of Agriculture & Agro-industry, African Development Bank, Hon. Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture of Ghana, Hon. Noel Koutera Bataka, Minister of Agriculture, Animal and Fish Production of Togo and the rest of the Forum’s participants.  

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 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.

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.