Press Releases

Displaying 2721 - 2740 of 5337

Female Parliamentarians from across Africa meet in Nairobi to discuss new policies on property rights

22-Dec-2016 - The African Development Bank (AfDB) and the Women in Parliaments Global Forum (WIP) convened female Parliamentarians from 12 African countries in Nairobi, Kenya, to share perspectives on strategies for female MPs to promote legal reforms which ensure that women's property rights are included in all African legal frameworks. The meeting provided an occasion to discuss and address the current African property rights landscape with special attention given to the role of MPs in advancing property and inheritance laws for women across Africa.

Aéroport Marrakech Menara au Maroc, 240 millions d’euros de la BAD pour en faire une plaque tournante de l’aviation dans la région

22-Dec-2016 - Le nouveau terminal de l’aéroport Marrakech Menara (Maroc), l’un des cinq aéroports du continent à avoir obtenu le label carbone niveau 1, a été inauguré par Sa Majesté le Roi Mohamed VI, en présence de responsables gouvernementaux et de la Banque africaine de développement (BAD), seul bailleur de fonds international, ayant participé à son financement.

From surviving to thriving: How AfDB is helping transform agriculture in Africa - new report

21-Dec-2016 - 97 percent of the Bank’s agriculture projects rated satisfactory. 4000 kilometers of feeder roads built; three million people trained on farming practices 150,000 microcredit loans, water systems on 181,000 hectares of farmland

African Legal Support Facility Director meets with Madagascar President

21-Dec-2016 - On December 19, the Director of the African Legal Support Facility, Stephen Karangizi together with Abdelkrim Bendjebbour, the Resident Representative of the African Development Bank (AfDB) in Madagascar met with Madagascar President, Hery Rajaonarimampianina.

La Banque africaine de développement lance la formation des jeunes en entreprenariat : «Agripreneur à zéro franc »

20-Dec-2016 - Dans le cadre de sa stratégie pour L’Emploi des Jeunes en Afrique (SEJA), la Banque Africaine de Développement (BAD) a lancé à Abidjan, une formation de jeunes en entrepreneuriat sur le concept « Agripreneur à Zéro Franc » dans la chaîne de valeur agricole. La formation vise à offrir aux jeunes africains, les capacités techniques pour entreprendre dans le secteur de l’agriculture et de l’agribusiness, « en dépit des difficultés d’accès aux financements.»

A decade of AfDB’s development results report, published

19-Dec-2016 - Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published a report of unprecedented scope, which measures the relevance, effectiveness, sustainability and efficiency of AfDB’s operations across the African continent over the past decade.

African Development Bank signs US$ 500 million, 2nd tranche of budget support loan for Egypt

19-Dec-2016 - The African Development Bank, on 19th December 2016, signed a loan of US$ 500 million to finance the Egypt Economic Governance and Energy Support Program Phase II. The loan, which was approved by the Bank’s Board of Executive Directors on 13th December 2016, is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.

Africa50 to Develop Solar Power in Nigeria

16-Dec-2016 - Africa50, the infrastructure fund for Africa, has signed a joint development agreement (JDA) for an 80 MW (AC) solar photovoltaic independent power project in Nigeria. The project, near Dutse in Jigawa state, will be co-developed with Scatec Solar, a Norwegian integrated independent solar power producer, and Norfund, the Norwegian Investment Fund for Developing Countries.

The African Development Bank Group approves Africa Renewable Energy Initiative (AREI)

16-Dec-2016 - The Boards of Directors of the African Development Bank (AfDB) have endorsed the proposal by the Bank’s Management to serve as Trustee to administer and manage the resources of Africa Renewable Energy Initiative (AREI), and also to host the AREI Independent Delivery Unit as requested by African Heads of State and Government.

Partners join forces to improve wastewater management and sanitation in Africa

16-Dec-2016 - A new project has been launched to improve wastewater management and sanitation provision in Africa. The project, led by the African Development Bank, UN Environment and GRID-Arendal, will improve knowledge on wastewater management and sanitation provision. By assessing management of wastewater, including its impact on human health and the environment, the three-year project will focus on wastewater, sanitation services and safe drinking water.

AfDB Group provides USD 250 million to support ENABLE Youth Nigeria program

16-Dec-2016 - The Board of Directors of the African Development Bank Group (AfDB), has approved the ENABLE Youth Nigeria program, and will provide a USD 250 million loan, to contribute to job creation, food security and nutrition, rural income generation and improved livelihoods for youths in both urban and rural areas. The specific objective of the program is to create business opportunities and decent employment for young women and men along priority agricultural value chains of the various enterprises (aquaculture, crops farming, marketing, processing,...

AfDB approves USD 80 million loan and USD 20 million equity to Kainji and Jebba Hydro Power Project in Nigeria

16-Dec-2016 - The Board of Directors of the African Development Bank (AfDB or the Bank) has approved a financing package of USD 100 million, comprising USD 80 million loan and USD 20 million equity for the rehabilitation of the Kainji and Jebba hydro plants to increase available capacity from the current available capacity of 917 MW to installed capacity of 1,338.4 MW. The Kainji and Jebba plants are one of Nigeria’s cheapest and steadiest suppliers of electricity.

The African Legal Support Facility hosts workshop on mining contract negotiations for Malawi government officials

15-Dec-2016 - A five-day training workshop on the negotiation of mining contracts commenced on December 13 in Lilongwe, Malawi. Convened by the African Legal Support Facility (ALSF), in partnership with the International Senior Project Lawyers (ISLP) and the African Mining Development Centre (AMDC), the training is designed to equip government officials with the skills to negotiate mining agreements.

USAID and ADEA organize a joint sub-regional meeting in Dakar to promote the launch of the Global Book Alliance

15-Dec-2016 - The United States Agency for International Development (USAID) and its partners have launched an initiative named “the Global Book Alliance (GBA),” aimed at transforming and advancing current book design, acquisition, distribution and use especially in Africa and Asia, to ensure that students have the books they need in their mother tongue – in order to learn how to read and read to learn.

African Development Bank approves US$ 500 million 2nd tranche of budget support loan to Egypt

15-Dec-2016 - The Board of Directors of the African Development Bank (AfDB), has approved a loan of US$ 500 million to finance Egypt’s economic governance and energy support program phase II. The loan is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.

AfDB showcases opportunities for women’s economic empowerment at conference in Cairo

15-Dec-2016 - The African Development Bank (AfDB), through its Egypt Country Office, co-organized a roundtable discussion with the Arab Women Organization on the “The Role of Businesswomen in Achieving Women’s Economic Empowerment” during the sixth Arab Women Organization (AWO) conference in Cairo on December 13 and 14. Moderated by prominent media anchor Hafez Al Marazi, the lively sessions were attended by more than 60, many of whom were entrepreneurs or from major Arab business associations.

Tunis- La BAD et la société civile d’Afrique du nord s’engagent pour un mécanisme de collaboration performant

15-Dec-2016 - La Banque africaine de développement (BAD)  et les organisations de la société civile (OSC) d’Afrique du nord se sont engagées, le 15 décembre 2016 à Tunis, en Tunisie, à mettre en place un Comité BAD-Société civile renforcé et performant.  C’était lors de la clôture des consultations régionales démarrées le 13 décembre 2016, dont l’objectif est de renforcer le partenariat entre les deux parties pour atteindre les objectifs opérationnels de la BAD.

AfDB approves USD 159 million corporate loan to Ethiopian Airlines to finance expansion plan and fleet modernization program

15-Dec-2016 - The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines’ expansion plan and fleet modernization program. The package comprises two tranches, with the first tranche (85% of the financing) being covered by African Trade Insurance, Africa’s export credit agency, which will be providing credit risk insurance to the transaction.

SEFA Funds preparation of first-ever Biomass Gasification Project in Uganda

15-Dec-2016 - The Sustainable Energy Fund for Africa (SEFA) approved on December 13 a US $993,000 grant to the Earth Energy Company Limited, a Ugandan firm, to prepare the first-ever biomass gasification project in the country, expected to add 20 Megawatts of baseload power to the national grid. Specifically, the grant will facilitate the conduct of preliminary studies needed for the project to kick off.

Improving aid effectiveness and transparency in AfDB’s Rural Water Sector

15-Dec-2016 - Rural water supply and sanitation task managers and experts of the African Development Bank (AfDB) have discussed how to enhance transparency and aid effectiveness through online reporting, communications and monitoring of AfDB-financed projects.