Press Releases
Displaying 3061 - 3080 of 5337
AfDB commits EUR 52 million to the Republic of Congo for broadband and e-services development
22-May-2016 - On Wednesday, May 18, 2016, the Board of Directors of the African Development Bank Group (AfDB) approved a EUR 52.04-million loan to the Government of the Republic of Congo to help finance the Congo component of the regional Central Africa fibre-optic Backbone (CAB) project. The loan will fund the deployment of fibre-optic telecommunications in Congo and the introduction of new e-services, benefiting to the Congolese population.
All roads lead to Zambia as delegates converge on Lusaka for AfDB Annual Meetings
22-May-2016 - Hundreds of participants have converged on Lusaka for the 51st Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 42nd Meetings of the African Development Fund (ADB) Board of Governors, which takes place in the Zambian Capital from May 23 to 27, 2016. President Edgar Lungu of Zambia will formally open the meetings on Tuesday along with his peers from several African countries, Governors of the Bank Group and its 8th elected President, Akinwumi Adesina.Board approves AfDB Group’s Strategy for the New Deal on Energy for Africa 2016–2025
21-May-2016 - The Executive Boards of the African Development Bank Group (AfDB) took a significant step towards Africa's economic transformation in Abidjan, Côte d'Ivoire on Wednesday, May 18, 2016, with the approval of the Bank Group's 2016-2025 Strategy for the New Deal on Energy for Africa.Transforming Africa’s demographic burst into a demographic dividend
21-May-2016 - The African Development Bank Group has taken bold steps to turn Africa's phenomenal youth bulge into an economic dividend by developing a strategy that would create 25 million jobs for youth on the continent as well as equip an additional 50 million in the next decade.
High-Level Delegation from Zimbabwe calls on the African Development Bank on the country’s arrears clearance
19-May-2016 - On 18 May 2016, a High-Level Delegation from Zimbabwe, led by the country’s Finance and Economic Development Minister, Patrick Chinamasa, called on the African Development Bank Group and met with its President, Dr. Akinwumi A. Adesina. The Delegation comprised among others, the Governor of the Reserve Bank of Zimbabwe, John P. Mangudya, and other officials from the Ministry of Finance and Reserve Bank.AfDB approves USD 120 million Line of Credit to Tanzania’s CRDB Bank Plc
19-May-2016 - The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 120-million line of credit (LOC) to CRDB Bank Plc (“CRDB”) in Tanzania.AfDB champions energy access and job creation for youth at the WEF
18-May-2016 - At the just-concluded World Economic Forum on Africa, the African Development Bank reiterated the need to improve energy access to all in efforts to industrialise the continent. President Akinwumi Adesina, while participating in a presidential panel on Implementing Africa's Development Agendas, said, "Without electricity, nothing happens. We need to light up and power Africa as energy is key to industrialisation".
Le Chef de l’Etat guinéen et le président de la BAD veulent donner une impulsion à la coopération entre la Guinée et l’institution
18-May-2016 - Le président de la Banque africaine de développement (BAD), Akinwumi Adesina, a effectué les 16 et 17 mai 2016 une visite de travail en Guinée, sur invitation du président guinéen, Alpha Condé. Il s’agit de la première visite en Guinée du président Adesina, depuis son entrée en fonction. Adesina était accompagné dans sa visite d’une délégation dont faisait partie l’administrateur de la BAD pour la Guinée, Amadou Koné.SE4All Africa Hub to provide technical assistance to Green Mini-Grids developers
13-May-2016 - The Sustainable Energy for All (SE4All) Africa Hub, hosted by the African Development Bank (AfDB), recently signed a service contract with a consortium of GVEP International and INENSUS GmbH to provide technical assistance to developers of Green Mini-Grids.Rwanda gets green light to prepare plan to sustainably enhance its forest resources
11-May-2016 - With support from the African Development Bank (AfDB), Rwanda has won approval of a US $250,000 grant under the Climate Investment Funds’ Forest Investment Program (CIF FIP) to prepare its national-level FIP Investment Plan (IP).Atelier des parties prenantes pour le lancement du Processus d’action national de l’Initiative : « Energie durable pour tous » au Cameroun
10-May-2016 - Plusieurs représentants gouvernementaux, d’organisations internationales, du secteur privé, de la société civile et des médias, se sont réunis les 28 et 29 Avril 2016 à Yaoundé dans le cadre de l’Atelier de lancement du Processus d’action national de l’Initiative « Énergie durable pour tous » (dite SE4All pour l’acronyme anglais) au Cameroun.EU joins AfDB in operationalizing Nile Equatorial Lake Countries interconnection project
10-May-2016 - The African Development Bank announced on April 19, 2016 that it is helping operationalize studies financed by the European Union Africa Infrastructure Trust Fund (EU-AITF) which will provide professional advice on a project to connect electricity grids across five Nile Equatorial Lake countries.
African Development Bank President meets with ADEA Steering Committee Delegation
09-May-2016 - A delegation of the Association for the Development of Education in Africa (ADEA) Steering Committee, led by Oley Dibba-Wadda, ADEA Executive Secretary, met with Akinwumi Adesina, President of the African Development Bank Group (AfDB), on April 25, 2016 at the Bank’s offices in Abidjan.Stakeholders gather in Zambia to launch the Sustainable Energy for All (SE4All) country action process
09-May-2016 - Government officials, representatives of international organizations, private sector and civil society, gathered from May 4-6, 2016 in Chimbombo, Zambia, for the official kick-off workshop of the Sustainable Energy for All (SE4All) country action process in Zambia.Swaziland secures US $63-million AfDB loan to finance smallholder irrigation project
09-May-2016 - Swaziland has secured a US $63 million (ZAR 2.01 billion) loan to finance the second phase of the Lower Usuthu Smallholder Irrigation Project (LUSIP II) in the southeastern part of the country.AfDB approves a Partial Credit Guarantee to Tanzania Mortgage Refinance Company
06-May-2016 - The African Development Bank Group’s (AfDB) Board of Directors, on May 5, 2016 approved a Partial Credit Guarantee (PCG) of up to US $4 million in local currency to Tanzania Mortgage Refinance Company (TMRC).
AfDB to unveil strategies for Africa’s transformation at 2016 Annual Meetings in Lusaka
04-May-2016 - The African Development Bank Group will unveil its new agenda for the continent’s economic transformation at this year’s Annual Meetings scheduled to take place from May 23-27 in Lusaka, Zambia.
The African Development Bank a key partner in Senegal’s economic emergence
03-May-2016 - A ministerial delegation from Senegal led by Amadou Ba, Minister of Economy, Finance and Planning, visited the African Development Bank (AfDB) headquarters in Abidjan on Tuesday, May 3, 2016 to strengthen cooperation with the pan-African institution.AfDB supports Botswana’s economic diversification programme
28-Apr-2016 - In a bid to help Botswana diversify its economy, the Board of Directors of the African Development Bank has approved a 850-million Pula (US $76.2-million) line of credit (LOC) to Botswana Development Corporation (BDC) to be invested in key sectors with a view to ultimately help diversify the country’s economic base.