Press Releases
Displaying 3161 - 3180 of 5337
AfDB Executive Directors visit Egypt on a consultation mission
11-Feb-2016 - An official delegation of seven Executive Directors (EDs) of the African Development Bank arrived in Cairo on Sunday, February 7 for an eight-day consultation mission to Egypt. The EDs sit on the Board at the Bank’s headquarters in Abidjan and provide oversight of the AfDB’s lending and operational activities.
African Development Bank Group approves loan to improve urban transport in Abidjan
11-Feb-2016 - 87.9 kilometers of developed urban motorways and a fourth bridge in Abidjan 60 young engineering jobs created for young Ivoirians The African Development Bank, a major partner for Côte d'Ivoire
AfCoP Steering Committee and Core Management Team meet to discuss lessons for improving project implementation
10-Feb-2016 - Steering Committee and the Core Management Team members of the African Community of Practice on Managing for Development Results (AfCoP-MfDR) met on February 10 in Abidjan to review performance and provide strategic guidance on the African Development Bank-executed AfCoP project. The February 10-11, 2016 meeting was held together with that of the Core Management Team comprising 13 members from across Africa.AfDB President Adesina leads delegation on visit to Liberia
09-Feb-2016 - The President of the African Development Bank, Akinwumi Adesina, will lead a Bank delegation on a working visit to Liberia on March 10 and 11, 2016, to hold discussions with Liberian officials and review the Bank’s projects and programmes in the country. During the visit, President Adesina and senior management will hold discussions with Liberia’s President Ellen Johnson Sirleaf, several ministers and other government officials, development partners, diplomats and media representatives.Zambia prepares to host AfDB’s 2016 Annual Meetings
08-Feb-2016 - The African Development Bank (AfDB) and the Government of Zambia have signed an aide-memoire on modalities for the organization of the Bank’s 2016 Annual Meetings scheduled to take place in Lusaka from May 23-27, 2016. The aide-memoire was signed on behalf of the Bank by its Acting Vice-President and Secretary General, Olivier Pinzi, and the Secretary to the Treasury, Fredson Yamba, on behalf of Zambia at the end of the AfDB’s preparatory mission to Lusaka from January 18 to 26, 2016.AfDB approves Country Strategy Paper 2016-2020 for the Comoros
05-Feb-2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved the Comoros’ Country Strategy Paper 2016-2020, designed to enable the country achieve diversified job-creating economic growth and to increase resilience to external shocks.Chase Bank secures KShs 5-billion AfDB lending facility
05-Feb-2016 - Latest round of financing to spur Chase Bank’s credit expansion to SMEs as it plans KShs60 billion for sector in the next three years. Chase Bank has secured KShs 5 billion (USD 50 million) on-lending facility from the African Development Bank (AfDB) to support its growth strategy.
World’s largest concentrated solar plant opened in Morocco
04-Feb-2016 - Morocco has launched the first phase of the largest concentrated solar power (CSP) plant in the world. When fully operational, the plant will produce enough energy for more than one million Moroccan households. Inaugurated officially on Thursday, February 4, 2016 by His Majesty Mohammed VI of Morocco, the solar plant underlines the country’s determination to reduce dependence on fossil fuels, use more renewable energy, and move towards low carbon development.AfDB Group approves US $91-million investment in water supply and sanitation for Uganda
04-Feb-2016 - In the African Development Bank Group’s bid to work for a continent free of poverty and water-borne diseases, the Board of Directors approved on Wednesday, February 3 in Abidjan a US $91-million loan to Uganda, for the provision of clean water and improved sanitation in the country.AfDB approves US $16.5 million for Institutional Support Project for Good Governance in Tanzania
04-Feb-2016 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 3 in Abidjan a loan of US $16.5 million to finance the Tanzania Institutional Support Project for Good Governance (ISPGG III). The objective of this project is to support the Government of Tanzania in promoting inclusive growth and macroeconomic stability by enhancing economic and financial governance through more effective public financial management and improved business environment.
World's largest concentrated solar power plant in Morocco showcases AfDB's New Deal on Energy for Africa
04-Feb-2016 - On Thursday, February 4, 2016, King Mohammed VI of Morocco inaugurated the first phase of the country’s Noor Ouarzazate Concentrated Solar Power (CSP) plant, ushering in a new era for Africa’s sustainable energy future.AfDB to work with African leaders to achieve the High Fives, Adesina tells AU Summit
03-Feb-2016 - The African Development Bank’s President, Akinwumi Adesina, addressed the issues of youth employment and migration in a speech delivered before the 34th session of the New Partnership for Africa’s Development (NEPAD) Heads of State and Government Orientation Committee, at the Africa Union Summit in Addis Ababa on January 29, 2016.
GESCI, Côte d’Ivoire and ADEA honour graduates from ICT leadership programme
01-Feb-2016 - The Global e-Schools and Communities Initiative (GESCI), the Ministry of National Education (MoE) of Côte d’Ivoire and the Association for the Development of Education in Africa (ADEA) honoured the participants who successfully completed the Information and Communications Technologies (ICT) leadership and development of knowledge societies (ALICT) programme offered by GESCI in Côte d’Ivoire in 2015.African Development Bank in discussion with Nigeria on support for Development Policy Reform
01-Feb-2016 - The Federal Government of Nigeria has approached the African Development Bank for Budget Support Loan of US $1 billion.Burundian refugees to benefit from $1 million AfDB emergency assistance
29-Jan-2016 - The Government of Rwanda and the African Development Bank (AfDB) on Wednesday, January 27, 2016, signed a US $1-million (RWF 753-million) emergency assistance grant to Burundian refugees in Rwanda. The main objective of the assistance is to respond to the urgent and immediate need of procuring sufficient wood to meet domestic needs of refugees and to increase the usage of energy-efficient charcoal stoves to reduce deforestation.Senior Management changes at the African Development Bank
29-Jan-2016 - As part of a refocusing of strategy, the African Development Bank has announced the departure of the following executives effective February 1, 2016: the Vice-President for Agriculture, Water, Human Development, Governance and Natural Resources, Aly Abou-Sabaa; the Secretary General and Vice-President, Cecilia Akintomide; the Vice-President for Infrastructure, Private Sector and Regional Integration, Solomon Asamoah; the General Counsel and Director of Legal Services, Kalidou Gadio; and the Director of Communications and External Relations,...AfDB launches project to strengthen the aviation sector in Central and West Africa
28-Jan-2016 - On January 26, 2016, the African Development Bank and representatives of the Central and West African economic communities launched a major project to improve the safety, security and efficiency of air transport in the sub-region. The "West and Central African Air Transport Safety and Security Program" (WCAATSSP) capacity-building programme follows the rapid growth of air transport in Africa.
AfDB lends Morocco $112.3 million to improve the Tangier-Casablanca-Marrakech railway route
27-Jan-2016 - On Wednesday, January 27, 2016, in Abidjan, the Board of Directors of the African Development Bank (AfDB) approved a loan of US $112.3 million to Morocco for the improvement of infrastructure on the Tangier-Casablanca-Marrakech railway route.Des plans d’investissement pour l’assainissement de huit villes à Madagascar
25-Jan-2016 - La Facilité africaine de l’eau vient d’approuver un don de 1,8 million d’euros en faveur de Madagascar pour doter huit villes de plans d’assainissement. L’objectif du projet est de renforcer le développement économique et social de ces villes grâce à des programmes d’actions pour la gestion intégrée des eaux pluviales, des excreta, des eaux usées et des déchets solides. Les zones concernées (Toliara, Taolagnaro, Antsirabe, Toamasina, Nosy-Be, Fianarantsoa, Mahajanga et Antsiranana) regroupent 1,6 million d’habitants.