Press Releases
Displaying 2601 - 2620 of 5337
AfDB approves USD 29.8 Million loan to boost Tanzania’s natural gas sector and domestic resources mobilisation
05-Apr-2017 - The African Development Bank (AfDB) has approved a USD 29.8 Million loan to Tanzania to help the country mobilize domestic resources and unlock the potential of its natural gas resources through leveraging domestic markets and local content initiatives.
SEforALL stakeholders call for faster and bolder actions to light up and power Africa
04-Apr-2017 - At the fourth sustainable energy for all (SEforALL) Africa workshop held 29-30 March 2017 at AfDB offices in Abidjan, as part of the Energy Week, stakeholders called for faster actions towards universal energy access in Africa. Attended by more than 120 stakeholders, the meeting aimed at reinforcing collaboration and joining the forces for universal energy access, taking stock of recent progress and challenges, sharing best practices and innovative solutions and charting way forward.
The Vice President of the African Development Bank (AfDB) responsible for Corporate Services and Human Resources, Alberic Kacou, began a three-day official visit to Sudan on Tuesday, 04 April 2017, accompanied by the Bank’s Resident Representative in the
04-Apr-2017 - The Vice President of the African Development Bank (AfDB) responsible for Corporate Services and Human Resources, Alberic Kacou, began a three-day official visit to Sudan on Tuesday, 04 April 2017, accompanied by the Bank’s Resident Representative in the country, Abdul Kamara. The visit is a follow-up to the recent visit of the Bank Group’s President Dr.
Adesina visits Mahatma Gandhi’s home in Ahmedabad, extols his exceptional humanity
03-Apr-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has paid glowing tribute to India’s preeminent statesman, Mahatma Gandhi, saying that his work and life continue to inspire people across countries and generations. Adesina visited Sabarmati Ashram in Ahmedabad, the capital of the State of Gujarat, home of the late sage and foremost statesman on Sunday, April 2, 2017, the last day of a four-day official visit to India.
AfDB President concludes official mission to India
03-Apr-2017 - President Akinwumi Adesina of the African Development Bank (AfDB) left Ahmedabad, India, early on Monday at the end of a four-day official visit to India. The visit has set the stage for improved cooperation between the Bank and India, as well as India’s relations with Africa in general. Adesina and his team held meetings with Senior Government Officials and private sector executives on how to scale up cooperation and economic engagements between the three sides.
Adesina invites New Development Bank to join AfDB’s ambitious Light up and power Africa project
01-Apr-2017 - The African Development Bank Group (AfDB) President, Akinwumi Adesina has invited the New Development Bank (NDB) to support Light up and power Africa, the first of five top priorities of the Bank’s continental transformation agenda.
We are proud of what the African Development Bank is doing for Africa, says Dean of Africa Diplomatic Corps in India
31-Mar-2017 - The Dean of African Diplomatic Corps in India, Ambassador Alem Tsesaye Woldemariam of the State of Eritrea, has commended the African Development Bank (AfDB) for its steadfast commitment to ensure a better future for the continent. Speaking in an interview following a meeting with a Bank delegation led by President Akinwumi Adesina and African Heads of Missions in New Delhi on Thursday, Woldemariam said the Bank has raised Africa’s rating across the world through its work, and especially through its High 5s development agenda.African Development Bank approves USD 2.3 million to help advance Uganda’s decentralized renewables development program
31-Mar-2017 - The Board of Directors of the African Development Bank (AfDB) approved a project preparation grant of USD 2.3 million to kick-start future investments in decentralized power systems in rural and urban areas in Uganda. The grant was provided by the Scaling–Up Renewable Energy Programme of the Climate Investment Funds managed by the AfDB’s Department of Climate Change and Green Growth.
AfDB bullish on Africa-India cooperation – Adesina
31-Mar-2017 - An African Development Bank delegation led by its President, Akinwumi Adesina, held a day-long interactive meeting with Indian CEOs on Friday in New Delhi, focusing on the facilitation of business engagements between Africa and India. Organised by the Export-Import Bank of India, the two sides explored how India could help develop Africa’s energy, agriculture and infrastructure for the mutual benefit of both parties.Kenya-Uganda, AfDB finances upgrading and construction of roads to connect the two countries
31-Mar-2017 - The African Development Bank Group (AfDB) approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of 118 km road section connecting the two countries as well as the construction of the 32 km Eldoret town bypass, in Kenya. Once completed in 2021, the project will contribute to improve the living standards of the 1.4 million people in the project zone of influence.
The African Development Bank Group Appoints Ms. Maria Mulindi as Chief of Staff to the President and Director of Cabinet
31-Mar-2017 - The African Development Bank is pleased to announce the appointment of Maria Mulindi as the Chief of Staff to the President and Director of Cabinet with effect from April 1, 2017. She joins the Senior Management Team of the Bank. Maria Mulindi, a Kenyan national, has extensive experience as an Executive Advisor and over 20 years of managing development projects, leading dialogue and engagement with African Civil Society Organizations.
President Adesina urges African diplomats to advertise continent’s dynamism and support its economic growth
31-Mar-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has urged African diplomats to use their skills and network to advertise Africa’s resilience and attract good investments into the continent. Addressing African Heads of Missions in Delhi on Thursday, Adesina said the economic and business prospects of both the continent and the Bank gave room for optimism and support.AfDB Approves a USD 450 million Trade Finance Package for the African Export-Import Bank (Afreximbank)
30-Mar-2017 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 29, 2017 a USD 450 million Trade Finance Package for the African Export–Import Bank (Afreximbank). The facility consists of a 3-year USD 150 million unfunded Risk Participation Agreement (guarantees) and a 4-year USD 300 million Trade Finance Line of Credit.
AfDB calls for a “revolution” in providing energy access solutions
30-Mar-2017 - The African Development Bank (AfDB) brought together more than 180 stakeholders across the off-grid energy sector on Tuesday, March 28, in the context of “Energy Week” at the Bank’s headquarters in Abidjan to discuss interventions to support the scale-up of energy access investments.
President Adesina arrives in New Delhi to boost relations between India and Africa
30-Mar-2017 - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, arrived in New Delhi on Thursday, March 30, 2017, to begin a four-day official visit to India aimed at improving relations between the Bank and India, and the country’s ties with Africa.African Development Bank’s Executive Directors (EDs) head to Namibia for field visit and talks with country’s senior officials and stakeholders
29-Mar-2017 - African Development Bank Group Executive Directors are visiting Namibia from 3 to 7 April, 2017, to assess the impact of Bank projects in the country.AfDB Independent Evaluation to share findings and methodology and build capacity at African Evaluation Association conference
29-Mar-2017 - Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) will host three knowledge sharing and evaluation capacity development sessions during the African Evaluation Association(AfrEA) international conference, held in Kampala, Uganda, from March 27-31, 2017. The theme of the 8th AfrEA conference is “Evaluating the Sustainable Development Goals (SDGs), Opportunities and Challenges for Africa.”Sénégal : avec « Promovilles » la BAD aide à maîtriser l’urbanisation en plein essor
29-Mar-2017 - Le 29 mars 2017, le Groupe de la Banque africaine de développement (BAD) a accordé 127,6 millions de dollars EU (75 milliards de francs CFA) de prêt à la République du Sénégal. Objectif dudit financement : moderniser les infrastructures de transport et appuyer les autorités municipales dans 13 communes/villes du pays. Ce projet s’inscrit dans le programme de modernisation des villes « Promovilles », que les autorités sénégalaises ont lancé pour accompagner la croissance des villes moyennes du pays. Plus de deux millions de personnes sont ainsi...