Press Releases
Displaying 2561 - 2580 of 5337
EPSA: 7th loan from AfDB and Japan to support the private sector in Africa
18-May-2017 - The African Development Bank (AfDB) and the Government of Japan (GOJ) have signed an agreement for a US $ 300 million facility under the joint initiative titled Enhanced Private Sector Assistance (EPSA) for Africa. The loan, worth JPY 34.41 billion (equivalent to approximately USD 300 million) is intended to support private sector operations in Africa through the AfDB’s non-sovereign window.AfDB holds workshop on COMESA Time Release Study Report in Zambia
18-May-2017 - The African Development Bank and the Secretariat of the Common Market for Eastern and Southern Africa (COMESA) held a workshop for validation of the COMESA Time Release Study (TRS) Report on May 24 and 25, 2017 in Lusaka, Zambia.
All roads lead to India as delegates converge on Ahmedabad for AfDB’s Annual Meetings
17-May-2017 - The Mahatma Mandir Convention and Exhibition Center in the Gandhinagar area of Ahmedabad in Gujarat State is a beehive of activity as officials put the final touches on preparations for the 52nd Annual Meetings of the African Development Bank Group, taking place from May 22-26, 2017.
African fashion designers take centre stage in India
11-May-2017 - The tremendous opportunity for Africa’s fashion industry will attract global attention at the 2017 Annual Meetings of the African Development Bank (AfDB) in India. An estimated 3,000 Annual Meetings attendees will get a feel of the flavour of the work of these creative stylists. Beautifully dressed models will walk the catwalk to show how African fabrics are inspiring more and more famous designers.
The West African International Arbitration Conference (WAIAC) charts future of investment arbitration in Africa
11-May-2017 - More than 80 lawyers, international arbitration practitioners and government officials gathered in Abidjan last week in a lively exchange on the future of investment arbitration in Africa. Held from 20 -21 April, the West African International Arbitration Conference (WAIAC) provided a platform for both African legal firms and government institutions to promote their work, network with peers in the industry and deepen their understanding of emerging challenges in the field of international arbitration.African Development Bank approves USD 226.5 Million loan to boost economic governance and competitiveness in Namibia
10-May-2017 - The Board of Directors of the African Development Bank has approved a loan of US$ 226.5 million (ZAR 3 billion) to finance the Namibia Economic Governance and Competitiveness Support Programme (EGCSP). The operation is the Bank’s maiden policy based operation in Namibia and the first of two programmatic series for the 2017/18 and 2018/19 fiscal years. The EGCSP was well received by the Board who commended the quality of the operation and was satisfied with the Namibian government’s strong commitment to the implementation of reforms.Official launch in Swaziland of ADEA mobile application for capturing teacher and learner attendance
09-May-2017 - Through its Working Group on Education Management and Policy Support (ADEA-WGEMPS) and in partnership with the Ministry of Education and Training in Swaziland, the Association for the Development of Education in Africa (ADEA) launched the Smart School System (3S), a mobile application for capturing teacher and learner attendance, financed by the Government of the Kingdom of Swaziland and ADEA.
African Women Journalists discuss role of women in media in Cairo
08-May-2017 - The African Development Bank and the Egyptian Agency of Partnership for Development (EAPD) launched on Sunday 7th May, 2017, the first session of the Egyptian-African Program for female African media specialists entitled “African Media Today and the Role of Women in Shaping its Future”. The Program’s objective to bring together female African journalists to learn about Egypt and EAPD activities through lectures, presentations, and site visits.
Association for the Development of Education calls for establishment of African Education Fund
08-May-2017 - The Association for the Development of Education (ADEA) has called for the establishment of an African Education Fund to open a new sphere of education on the continent. The Association also pledged to promote and implement appropriate and coherent policy responses and practices.SEFA grants US$ 1 million to a 20MW Off-Grid Rooftop Solar project in Zimbabwe
05-May-2017 - The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) has approved a US$ 965,000 grant to Oxygen Energy Private Limited to support the preparation of a bankable business case for the development of a 20MW off-grid solar PV rooftop project on buildings owned and managed by Old Mutual Property Group Zimbabwe countrywide.
Competitiveness boost urgently needed to meet Africa’s demographic challenges: report
04-May-2017 - Without urgent action to address stagnating levels of competitiveness, Africa’s economies will not create enough jobs for the young people entering the job market If current policies remain unchanged, fewer than one-quarter of the 450 million new jobs needed in the next 20 years will be created Policy priorities include reform to improve the quality of institutions, infrastructure, skills and adoption of new technology. House construction and better urban planning present opportunities for short-term competitiveness gains
AfDB to celebrate young African agripreneurs at India Annual Meetings
04-May-2017 - The African Development Bank (AfDB) is bringing together African Heads of State to discuss youth in agriculture at its 2017 Annual Meetings in India. The session will focus on Africa is Cool: Engaging Africa’s Youth and draws from the central theme of the meetings: Transforming Agriculture for Wealth Creation in Africa. The agriculture sector holds the potential to create gainful job and wealth creation for Africa’s young people.Koffi Klousseh appointed Director of Project Development for Africa50
02-May-2017 - Africa50, the pan-African infrastructure investment platform has announced the appointment of Koffi Klousseh as Director of Project Development.Africa investor and Africa50 Partner to Co-Host African CEO Project Developers’ Summit
02-May-2017 - Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure fund, in partnership with the African Development Bank, will co-host the 3rd Ai CEO Infrastructure Project Developers Summit on May 3 in Durban, South Africa. The Summit will bring together CEO’s of leading project development companies, infrastructure financiers, and institutional investors to explore opportunities and innovative models to facilitate finance and investment in infrastructure project development in Africa.
Agripreneurs in Africa gather for first-ever youth agribusiness forum
02-May-2017 - Youth from all over Africa came together in the first-ever African Youth Agripreneurs (AYA) Forum in Ibadan, Nigeria, on April 25-26, 2017. The forum provided an opportunity for the youth to show their skills, creativity, and innovativeness in agribusiness, and also relate with other youths, development partners, and stakeholders in the sector.
The African Development Bank Group appoints Hassatou Diop N’Sele as Acting Vice-President for Finance/Chief Financial Officer
28-Apr-2017 - President Akinwumi Adesina of the African Development Bank Group is pleased to announce the appointment of Hassatou Diop N’Sele, as Acting Vice-President for Finance and Chief Financial Officer. She is currently the Treasurer of the African Development Bank Group and will hold the position jointly with her current responsibility as the Treasurer of the Bank Group, until a substantive new Vice-President for Finance and Chief Financial Officer is appointed. N’Sele takes over from Charles Boamah who has been appointed as Senior Vice-President for...
Adesina addresses need to end rural poverty at One World conference in Berlin
28-Apr-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for urgent action to end rural poverty in Africa at a conference on the future of the rural world in Berlin.Charles O. Boamah appointed as Senior Vice-President of the African Development Bank Group
28-Apr-2017 - The African Development Bank is pleased to announce the appointment of Charles O. Boamah as Senior Vice-President of the African Development Bank Group, effective immediately.
AfDB, in collaboration with London Stock Exchange Group hosts Inaugural Africa launch of ‘Companies to Inspire Africa 2017’ in Abidjan
27-Apr-2017 - The African Development Bank Group (AfDB) in collaboration with London Stock Exchange Group, hosted the inaugural African Launch of the ‘Companies to Inspire Africa 2017’ Report on Wednesday, 26 April 2017 at its headquarters in Abidjan. The ‘Companies to Inspire Africa’ initiative aims to provide global investors visibility of Africa’s high growth private sector companies and enable private sector access to capital through financial intermediaries and Africa’s capital markets.