Press Releases
Displaying 2421 - 2440 of 5337
AfDB will be one of the key collaborating partners for the 2018 World Water Week
22-Sep-2017 - The World Water Week organized every year in Sweden, by the Stockholm Water Institute (SIWI), was held from August 27 to September 1, 2017, under the theme: “Water and Waste: reduce and reuse.” Over 3,250 participants from 133 countries attended the various sessions, shared experiences, and discussed solutions to the world’s most critical water challenges during this year’s edition.
The Third Industrial Development Decade for Africa: From political commitment to actions on the ground
22-Sep-2017 - African leaders, UN officials, and representatives of international finance institutions and of the private sector met on Thursday, September 21 at the United Nations Headquarters to reaffirm their commitment to a broad-based international partnership to industrialize Africa in a socially inclusive and environmentally sustainable manner. The African Development Bank was represented by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate and Green Growth.The Bank Group has approved EUR 15 million equity investment in the Mediterrania Capital Fund III (MC III)
22-Sep-2017 - The Board of Directors of the African Development Bank (AfDB) has approved a EUR 15 million equity investment in the Mediterrania Capital Fund III (MC III) under the management of an experienced team of Mediterrania Capital Partners (MCP) with strong transactional and operational experience in private equity (PE). MCP currently manages over €220 million in assets through two previous generalist funds investing in North Africa.
La BAD et le Burkina Faso vont redynamiser l’accès à l’énergie et le développement du secteur agricole
20-Sep-2017 - Les Conseils d’administration du Groupe de la Banque africaine de développement (BAD) ont approuvé le Document de stratégie pays (DSP) du Burkina Faso pour la période 2017-2021, qui permettra de dynamiser les secteurs de l’énergie et de l’agriculture du pays.WWF partners with AfDB on the Africa Nationally Determined Contributions Hub
20-Sep-2017 - The Wide World Fund for Nature (WWF) and the African Development Bank have joined forces to advance the work of the Africa Nationally Determined Contributions (NDCs) Hub in addressing the impacts of climate change on the continent. The African Development Bank’s Climate Change and Green Growth Department set up the African Nationally Determined Contributions Hub last August to serve as a resource pool for regional member countries, and to coordinate activities across various related sectors.Le président de la Banque africaine de développement attendu mardi au Niger
20-Sep-2017 - Le président du Groupe de la Banque Africaine de développement (BAD), Akinwumi Adesina, est attendu mardi 26 septembre à Niamey, au Niger, où il effectuera une visite de travail de deux jours au cours de laquelle il rencontrera, entre autres, le président nigérien Mahamadou Issoufou.Integrity in Development Projects: African Development Bank Debars Malian Company Entreprise de Construction Urbaine et Rurale
20-Sep-2017 - The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years. An investigation conducted by the AfDB’s Office of Integrity and Anti-Corruption established that ECUR engaged in a fraudulent practice in the execution of a road rehabilitation project in Mali: The company submitted a forged bank guarantee to secure an advance payment on a works contract financed by the AfDB.
Reports show greater finance needed to close the electricity and clean cooking access gap by 2030
20-Sep-2017 - A new Energizing Finance Report Series released by the Sustainable Energy for All (SE4ALL) initiative and partners has alerted that the current flow of finance for energy access and clean cooking will not achieve global goals for delivering universal access by 2030.
AfDB, Brazil to groom African youth in cassava processing
19-Sep-2017 - The African Development Bank (AfDB) and the Brazil-Africa Institute (BAI) have launched the Youth Technical Training Program (YTTP) − an initiative that aims to train young African professionals in research and technology transfer, contributing to local capacity development.
11 West African Ministries explore practical policy tools to turn extractives into development outcomes
15-Sep-2017 - Natural resources make significant contributions to economic growth in most African countries. But how can countries turn extractives-driven growth into development outcomes? This was at the heart of a workshop co-organized by the African Development Bank (AfDB) and the Collaborative Africa Budget Reform Initiative (CABRI) on September 7, in Abidjan, Côte d’Ivoire. Thirty policy-makers from Côte d’Ivoire, Ghana, Liberia, Mali and Nigeria attended the workshop and discussed practical policy tools to help countries improve development outcomes...Le directeur général de la BAD pour la Région Afrique du Nord en visite de travail au Maroc
14-Sep-2017 - Le directeur général de la Banque africaine de développement (BAD) pour la région de l’Afrique du Nord, Mohamed El Azizi, se rend au Maroc pour une visite de travail, du 18 au 23 septembre 2017. Il s’agit de sa première visite dans le pays depuis sa prise de fonctions, le 1er décembre 2016.
Africa50 is partner of choice for economic transformation, Adesina tells shareholders
13-Sep-2017 - "With Africa50 we have an important partner, with all the enthusiasm and vigour that is necessary for Africa’s economic transformation," Akinwumi Adesina, the President of the African Development Bank (AfDB), told shareholders in Senegal. Adesina spoke at the Shareholder Meeting of the Africa50 Infrastructure Fund (Africa50) in Dakar, Senegal, on Tuesday, September 12, 2017, where he solicited greater support for the Fund.
Multilateral development banks increase financing to tackle climate challenge
13-Sep-2017 - The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to US $27.4 billion from US $25 billion in 2015. Of this amount, US $21.2 billion −or 77 per cent − was dedicated to climate mitigation finance, with the remaining 23 per cent devoted to climate adaptation.
AfDB pledges US $540 million in support of Chad, making it one of the largest donors at Paris roundtable
13-Sep-2017 - The African Development Bank (AfDB) Group will provide US $540 million for Chad's new National Development Plan (NDP). The Bank also offered Chad the possibility of raising additional financing through its private-sector window for commercially viable private sector projects or public-private partnerships. The Bank will help strengthen Chad’s institutional capacity and the development of bankable projects.
Kenyan Government delighted with AfDB’s partnership, as Nnenna Nwabufo receives accreditation as Country Manager
12-Sep-2017 - The Government of Kenya has expressed delight with the African Development Bank Group as a major partner in the country’s development agenda. The Cabinet Secretary for the Ministry of Foreign Affairs of the Republic of Kenya, Ambassador Dr. Amina Mohammed, made the commendation when Nnenna Nwabufo presented her letter of accreditation as the African Development Bank’s Country Manager on August 22.
AfDB announces new youth training drive to promote agricultural industrialization
11-Sep-2017 - The African Development Bank (AfDB) has announced a new youth training drive in partnership with the Brazil-Africa Institute to train young farmers (aged 18-35 years) in commodity processing, financial literacy and management techniques.AfDB Director General tasks Horn of Africa countries on regional integration and WTO accession
08-Sep-2017 - The African Development Bank (AfDB) has emphasized the need to ensure coherence between the East Africa’s regional integration agenda and the engagement of the Horn of Africa countries’ engagements at the multilateral level. African Development Bank Director General, Eastern Africa, Gabriel Negatu, made this call at the first Regional Dialogue on WTO accessions for the Greater Horn of Africa Region, which concluded in Nairobi on August 30, 2017.
The African Development Bank appoints Racine Kane as Deputy Director General for the Central Africa Regional Development and Business Delivery Office
07-Sep-2017 - The African Development Bank Group is pleased to announce the appointment of Racine Kane as Deputy Director General for the Central Africa Regional Development and Business Delivery Office with effect from 15 September 2017.