Press Releases
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African Development Bank concludes first day of African Financial Markets Initiative workshop in Johannesburg
01-Dec-2015 - The 4th Annual African Financial Markets Initiative (AFMI) workshop on Local Currency Bond Markets in now underway in Johannesburg, South Africa.Multilateral Development Banks pledge increased funding to tackle climate change
01-Dec-2015 - Multilateral development banks (MDBs) identified climate financing for development action as a crucial step in putting the world on the pathway for sustainable development at the 21st Conference of Parties of the United Nations Framework Convention on Climate Change (COP21) in Paris on Monday.42nd Session of the ADEA Steering Committee: Sustainability, Transitioning and Ownership
30-Nov-2015 - The Association for the Development of Education in Africa (ADEA) will convene the 42nd Session of its Steering Committee in Abidjan at the African Development Bank Group (AfDB) offices, in CCIA Building, from Thursday, December 3, to Saturday, December 5, 2015. This will be the first ADEA Steering Committee meeting to be held in Abidjan since the AfDB, ADEA’s host institution, returned to its Abidjan headquarters in 2014.
ALSF Management Board concludes meeting to plan for 2016
30-Nov-2015 - The Management Board of the African Legal Support Facility (ALSF) met on November 27, 2015 and discussed the work plan and budget for 2016. The Board also assessed key achievements of projects that seek to enhance the continent’s legal capacity.La BAD mobilise 15 millions d’euros pour la croissance économique au-Cap-Vert
27-Nov-2015 - Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé, le 26 novembre 2015, un prêt de15 millions d’euros en faveur du Cap-Vert, pour le financement du Programme d’appui à la croissance économique phase I (PACE-I).
“Women Let’s Talk”: AfDB launches national radio program dedicated to women’s empowerment in Liberia
27-Nov-2015 - The Resident Representative of the African Development Bank Group in Liberia, Margaret Kilo, launched a national radio broadcasting program dedicated to women’s empowerment as an early celebration of the International Day for the Elimination of Violence against Women and Girls and the 16 Days of Activism, which kicked off on Wednesday, November 25. The official ceremony was hosted by Liberian Vice-President, Joseph Nyumah Boakai, on Tuesday, November 24, in partnership with other development institutions such as UN Women in Liberia.
Pan-African conference for civil society organisations to promote public participation in natural resources policy
27-Nov-2015 - For two full days the African Natural Resources Center (ANRC) of the African Development Bank (AfDB) brought together 45 civil society organisations (CSOs) from 30 countries in Africa to discuss ways to foster inclusive and sustainable development through public participation in natural resources policy formulation.
AfDB Transport Forum focuses on sustainable solutions for transport and integration on the continent
26-Nov-2015 - The first-ever African Development Bank Transport Forum (ATF) opened Thursday, November 26 at the Bank’s headquarters in Abidjan, Côte d’Ivoire, with lively debates on how to achieve sustainable solutions to the continent’s transport and integration challenges.
Most Significant Change Stories: Mapping innovative programmes to advance girls in secondary education in Africa
26-Nov-2015 - The Association for the Development of Education in Africa (ADEA) and the Forum for African Women Educationalists (FAWE) are collaborating to launch a competition from Thursday, November 19 to Monday, December 21, that seeks to identify innovative programmes that have advanced girls’ secondary education. This initiative is in tandem with ADEA’s contribution to “facilitating the transformation of education and training to drive Africa’s accelerated and sustainable development,” and FAWE’s mission of “promoting gender equity and equality in...AfDB approves over US $545 million for transport in Côte d’Ivoire, Mali and Tanzania; and economic governance in Cape Verde
26-Nov-2015 - At their regular meetings on Thursday, November 26, 2015, the Board of Directors of the African Development Bank Group (AfDB) approved two major transport support and facilitation programmes for Tanzania, Côte d’Ivoire and Mali, as well as an economic governance support programme for Cape Verde to be financed with combined loans and grants totaling US $545 million.AfDB and Government of Sudan launch drought resilience and sustainable livelihood program for three states
26-Nov-2015 - The African Development Bank (AfDB) and the Government of Sudan, in collaboration with the Intergovernmental Authority on Development (IGAD), launched, on Monday, November 22, the Sudan component of Phase II of the Drought Resilience and Sustainable Livelihood Program for the Horn of Africa (DRSLP-II).
AfDB mobilises 377 million euros to boost inclusive growth in Tunisia
26-Nov-2015 - On Thursday, November 19, the African Development Bank Group (AfDB) and the Tunisian Government signed six funding agreements in loans and grants to a total of €377 million, or about 830 million Tunisian dinars. The signing ceremony was co-chaired by Yassine Brahim, Tunisian Minister of Development, Investment and International Cooperation, and AfDB North Africa Regional Director Jacob Kolster, in the presence of the Minister of Development, Housing and Spatial Planning, Mohamed Salah Arfaoui.ALSF legal advisors recognised as transportation and infrastructure team of the year
26-Nov-2015 - The African Legal Awards recognized Hogan Lovells as the Transportation and Infrastructure Team of the year for their role in advising the governments of Benin and Niger on the West African Railway Loop Project. Hogan Lovells’ role was facilitated by the African Legal Support Facility (ALSF) on the request of the governments of Benin and Niger. Now in their third year, the awards, hosted by Legal Week in association with Corporate Lawyers Association of South Africa (CLASA), recognised exceptional achievement across the African Legal Sector on...AfDB to host 4th annual workshop on local currency bond markets
25-Nov-2015 - The 4th Annual African Financial Markets Initiative (AFMI) workshop on Local Currency Bond Markets will take place on November 30 to December 1, 2015 in Johannesburg, South Africa. Over 30 countries will be represented. During the workshop, the AFMI will present recent developments on the African Financial Markets Database. The event will also discuss ways to promote inclusion of more countries to the African Development Bank (AfDB/AFMISM) Bloomberg® African Bond Index (ABABI) – namely the provision and collection of accurate pricing data.
AfDB President in Paris for decisive co-financing agreement with French Development Agency
25-Nov-2015 - African Development Bank (AfDB) President Akinwumi Adesina and the CEO of the French Development Agency (AFD) Anne Paugam signed a framework agreement at the AFD headquarters in Paris to increase the joint financing of projects in Sub-Saharan and North Africa. “This agreement, the first of its kind, is fully in line with the Paris Declaration. It promotes better coordination between AfDB and AFD; it simplifies procedures and thus contributes to facilitating implementation of projects by beneficiary countries,” said Paugam.
AfDB President Akinwumi Adesina commends Ethiopia for its economic performance and key role to reduce fragility
25-Nov-2015 - African Development Bank President Akinwumi Adesina commended the Government of Ethiopia for its macro-economic performance and its support to reduce fragility on the continent. His remarks were delivered on Tuesday, November 24 in Addis Ababa as he concluded a two-day visit in the country to reinforce cooperation with the African Union, the Government of Ethiopia, and other partners.