Press Releases
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Protéger la planète pour construire un meilleur monde post-Covid-19
05-Jun-2020 - Le monde entier célèbre aujourd’hui 5 juin, la Journée mondiale de l’environnement comme c’est le cas depuis 1974. Cette année encore, la Côte d’ivoire organise la quinzaine de l’environnement pour marquer l’événement. Placée sous le thème de la biodiversité, la Journée mondiale de l’environnement 2020 met l’accent sur la nécessité de restaurer la nature pour inverser la tendance en matière de perte de biodiversité et maintenir des écosystèmes sains et productifs, essentiels au développement durable et au bien-être humain.African Development Bank approves new five-year strategy for Nigeria
05-Jun-2020 - The Board of Directors of the African Development Bank has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities shaping Nigeria’s political and economic landscape, including in the post-COVID-19 period. The approval was made on 27 May 2020.Lawyering in Crisis: African countries among innovation leaders in the fight against COVID-19 pandemic
04-Jun-2020 - African innovators have shown creativity and ingenuity in finding solutions to fight the COVID-19 pandemic, but face legal barriers to safeguarding their intellectual property. There have been 192 innovations directed at COVID-19 from Nigeria alone, as well as more than 90 from South Africa, it was revealed during a webinar hosted by Harvard Law School’s Center on the Legal Profession, and digital platform Africa.com.African equity capital markets activity see downward turn, but increase in domestic investors - Making Finance Work for Africa partnership and PricewaterhouseCoopers (PwC) Nigeria
03-Jun-2020 - Data presented from the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa’s capital markets between 2010 and the first quarter of 2020, shows that African equity capital markets activity have seen a downward trajectory over the past three years as major economies on the continent are faced with fiscal challenges due to growing debt levels and slow economic growth.
Covid-19 : la Banque africaine de développement mobilise plus de 13 millions de dollars pour soutenir la zone CEMAC et la RD Congo
03-Jun-2020 - Le Conseil d’administration de la Banque africaine de développement a accordé, le 2 juin à Abidjan, un financement de 13,55 millions de dollars américains pour soutenir la lutte contre la pandémie de la Covid-19 au sein de la Communauté économique et monétaire de l’Afrique centrale (CEMAC) et en République démocratique du Congo (RDC).
How fashion entrepreneurs can conquer COVID-19: Experts share tips at first Fashionomics Africa webinar
03-Jun-2020 - The African Development Bank’s Fashionomics Africa initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion. The theme of the first episode of the series was: “What does the COVID-19 disruption mean for Africa’s Fashion Market? Opportunities and Threats for Fashionpreneurs and Investors.”
Covid-19 : la Banque africaine de développement mobilise 180 millions d’euros pour soutenir la Tunisie dans sa réponse à la crise sanitaire
03-Jun-2020 - Le Conseil d'administration de la Banque africaine de développement a approuvé, mercredi 3 juin à Abidjan, un prêt de 180 millions d’euros en faveur de la Tunisie pour financer le programme d’appui à la réponse au Covid-19 par l’inclusion sociale et l’emploi (PARISE).
Senegal: AfDB approves 88 million euros emergency budget support for COVID-19 response
30-May-2020 - The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard by the novel coronavirus pandemic, in support of the costs of its national COVID-19 Economic and Social Resilience Program.
COVID-19: African Development Bank mobilizes $22 million for low-income ECOWAS countries
29-May-2020 - The African Development Bank’s Board of Directors has approved an emergency project in support of three, low-income ECOWAS nations – Gambia, Mali and Niger – to bolster their health systems in response to the COVID-19 pandemic. The Bank is making $22.4 million available for the project, approved by the Board on May 22. Part of the funding, $9.55 million, will provide screening tests, laboratory equipment, ventilators and personal protective equipment for medical personnel in the three countries.
Cabo Verde: African Development Bank Group approves 30 million euros loan to fight COVID-19
28-May-2020 - The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island nation fight the COVID-19 outbreak and mitigate its economic impacts. The loan, approved on 26 May, will be used to fund the country’s health and social response, support macro-economic stability, and assist the private sector.
Egypt: African Development Bank approves emergency relief aid to tackle food insecurity for vulnerable workers whose livelihoods are impacted by COVID-19
27-May-2020 - The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to restoring the livelihoods of vulnerable populations severely affected by COVID 19.
La Banque africaine de développement mobilise 264 millions d’euros pour soutenir le Maroc dans sa réponse à la pandémie de Covid-19
27-May-2020 - Le Conseil d'administration de la Banque africaine de développement a approuvé, mercredi 27 mai à Abidjan, un financement de 264 millions d’euros en faveur du Maroc dans le cadre de son programme d’appui à la réponse de Covid-19 (PARC-19). Avec un déploiement rapide des ressources, le PARC-19 contribue aux efforts de réponse du Royaume à la crise sanitaire, économique et sociale déclenchée par l’épidémie de Covid-19.African Natural Resources Centre unveils publication to advance critical land policy reforms
26-May-2020 - In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles to aid policy debate.
Kenya: €188m African Development Bank loan to boost COVID-19 response
22-May-2020 - The Board of Directors of the African Development Bank today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts. The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with its unprecedented impact. It follows a request by the Government of Kenya, as part of its COVID-19 Emergency Response intervention, to help contain the scourge.Retool annual budgets toward agriculture production and expand food reserves, as COVID-19 exacerbates food scarcity, urges African Development Institute seminar
22-May-2020 - African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the COVID-19 pandemic, delegates at a two-day webinar hosted by the African Development Institute (ADI) urged on Tuesday. Africa must now, more than ever, develop and implement policies to enhance capacity to compete in the agriculture sector, processing, trade and industry, the speakers said in a clarion call for action.
Africa Regional Integration Index underlines integration as key to building more resilient economies
22-May-2020 - The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a call to action to African economies to deepen their integration. The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress of regional integration in Africa. It also helps to assess the level of integration for every Regional Economic Community (REC) and their member countries.
Madagascar: Government of Madagascar gets Euro 4 million from African Development Fund for Sahofika hydropower project
22-May-2020 - The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project, which will generate affordable, clean energy benefitting some 8 million people.
Mauritius: African Development Bank lends €188 million for COVID-19 fight
22-May-2020 - The African Development Bank has approved a €188 mllion euro loan to the Republic of Mauritius to finance a national budget support programme to respond to the COVID-19 pandemic, the Group’s Board of Directors said Friday.Covid-19 : les Delivery Units africains au cœur du dispositif de réponse à la crise
15-May-2020 - Les Delivery Units africains ont échangé, ce mercredi 6 mai, sur leurs expériences dans le contexte du Covid-19.