Press Releases

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People, Planet, and Progress in the SDG Era: ALSF delivers “Enhancing Evaluation Use” Workshop at National Evaluation Capacities Conference

24-Oct-2017 - As international institutions mobilize to meet the ambitious milestones of the 2030 Agenda for Sustainable Development, the Independent Evaluation Office of the United Nations Development Programme (UNDP) and the UNDP Regional Bureau for Europe and CIS remind us of the need to conduct systematic reviews of development activities to ensure their efficacy.

New World Food Prize Africa Institute to produce Borlaug-Adesina Fellows

22-Oct-2017 - The World Food Prize Foundation is partnering with the President of the African Development Bank, Akinwumi Adesina, to establish the World Food Prize Africa Institute. This follows the awarding of the 2017 World Food Prize to Adesina on Thursday, October 26, in Des Moines, Iowa, where he announced his decision to dedicate the $250,000 cash prize to set up a fund fully dedicated to providing financing for the youth of Africa in agriculture to feed Africa. Motivated by the 2017 World Food Prize Laureate’s decision, donors have made additional...

Adesina calls for immediate action over deepening crisis of global malnutrition

20-Oct-2017 - African Development Bank President Akinwumi Adesina has called for urgent action from stakeholders over the deepening crisis of global malnutrition. Adesina made the call as he joined key nutrition actors, private-sector representatives, policy-makers and thought leaders at the 2017 World Food Prize-Borlaug Dialogue Symposium in Des Moines, Iowa, on Wednesday, October 18, to push for mutual accountability on leadership, governance and investments for nutrition. 

Adesina to set up fund for young farmers, agripreneurs with US $250,000 World Food Prize money

20-Oct-2017 - “I am proud as the Governor of Iowa State to proclaim Dr. Akinwumi Adesina as the 2017 World Food Prize Laureate.” With these words, the Governor of the State of Iowa, Kim Reynolds, officially named President of the African Development Bank (AfDB), Akinwumi Adesina, as the 2017 World Food Prize Laureate, on behalf of the World Food Prize Foundation, setting off an atmosphere of festive celebration at the Iowa State Capitol Building in Des Moines.

AfDB’s agricultural transformation strategy to guarantee 513 million tons of additional food production

20-Oct-2017 - The African Development Bank (AfDB) has developed a new initiative called the Technologies for African Agricultural Transformation (TAAT) initiative – a knowledge- and innovation-based response to the recognized need to scaling up proven technologies across Africa. Already, 25 African countries have written letters to the AfDB confirming their interest and readiness to participate in TAAT, and help transform their agriculture.

World Food Prize Laureate says recognition motivates him to accelerate Africa’s agricultural transformation

20-Oct-2017 - The World Food Prize is a great motivation which puts the wind behind the sails of what the African Development Bank is doing with its development priorities − the High 5s – especially Feed Africa, the President of the Bank, Akinwumi Adesina, has said.

An initial appraisal of Africa’s path towards sustainable development

19-Oct-2017 - A new report launched on October 18, 2017 states that in spite of recent progress, African countries need to sustain efforts to eradicate extreme poverty and gender inequality and also improve their statistical capabilities to implement and track progress towards Africa’s own Agenda 2063 and the Sustainable Development Goals (SDGs).

Going Digital - AfDB’s ‘50 Million Women Speak Digital Platform’ set to create Digital Value that underpins Africa’s future economic transformation

19-Oct-2017 - Online platforms can dramatically change the digital economy and bring enormous benefits in today's digital society. They play a prominent role in the creation of 'digital value' that underpins future economic growth and as such are of major importance to the effective functioning of the digital market.

AfDB and OpenOil launch report on how African governments manage extractive resources

19-Oct-2017 - The African Development Bank (AfDB) and OpenOil, a Berlin-based financial analysis firm, have jointly produced a report on how African governments use financial models to manage oil & gas and mining projects. The report was launched at the 13th Annual General Meeting of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) in Geneva, Switzerland.

AfDB launches pilot programme to cultivate the savannah in eight African countries

19-Oct-2017 - The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank, Akinwumi Adesina, has said.

Urban diets and nutrition: trends, challenges, and opportunities for policy action

18-Oct-2017 - On the eve of the Laureate Award Ceremony where African Development Bank President Akinwumi Adesina will receive the World Food Prize, the Global Panel on Agriculture and Food Systems for Nutrition will be launching a new brief: Urban diets and nutrition: trends, challenges, and opportunities for policy action. The brief looks at the challenge of providing healthy diets in urban environments in low- and middle-income countries, presenting eight recommendations directed primarily at policymakers especially those working at the sub-national...

Three World Food Prize laureates call for global action to save African crops

18-Oct-2017 - The world’s anti-hunger organizations have an opportunity to prevent widespread destruction of African crops by stopping the spread of an insect, warn three of the most respected thinkers on international agriculture. However, the international community must act swiftly, in cooperation, and on a large scale to do so. The fall armyworm reportedly has a foothold in 28 nations in Africa, and it feeds on crops that include maize, which more than 200 million Africans depend on for food security.

AfDB commits to help Sudan build resilience and tackle fragility

18-Oct-2017 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, 18 October 2017 approved Sudan’s Country Brief 2017-2019, designed to help the country build resilience and address core issues of fragility. Board members commended the recent lifting of US sanction on the country and emphasized the need to help tackle the political, economic, social, and environmental challenges that Sudan is currently facing. 

AfDB seeks global support for Africa’s young farmers

18-Oct-2017 - The African Development Bank has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to employing the continent’s youth.

Africa holds the key for feeding 9 billion people by 2050, Adesina says during Norman Borlaug Lecture

17-Oct-2017 - Africa holds the key for feeding the nine billion people that will inhabit this planet by 2050, the President of the African Development Bank and 2017 World Food Prize Laureate, Dr. Akinwumi Adesina, said during his Norman Borlaug Lecture delivered on World Food Day.

World Food Day: AfDB urges African leaders to make agriculture attractive to young Africans and stem migration

16-Oct-2017 - On the occasion of the 2017 World Food Day, the African Development Bank has highlighted how Africa’s food security depends on attracting young people to agriculture and agribusiness. The sector can potentially create wealth and employment for African youth, thereby stemming migration.

“Betting on Africa to Feed the World”: Adesina, 2017 World Food Prize Laureate, to deliver Norman Borlaug Lecture on World Food Day

13-Oct-2017 - The African Development Bank President, Akinwumi Adesina, will deliver the Norman Borlaug Lecture as part of the World Food Prize events taking place from October 16-20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture titled “Betting on Africa to Feed the World” will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration. President Adesina will receive the 2017 World Food Prize on Thursday, October 19. The prize is to agriculture what the Nobel Prize is to peace, science and literature.

African Water Facility launches new Strategy 2017-2025

13-Oct-2017 - The African Water Facility (AWF), hosted by the African Development Bank Group, formally launched its new Strategy 2017–2025 on October 13, 2017 in Abidjan, Côte d’Ivoire. The occasion was used to introduce and share with stakeholders, partners, donors, beneficiaries and various Bank departments collaborating with the AWF the innovative approaches that it will focus on over the next 10 years in order to deliver on its mandate of mobilising financing for the water and sanitation sector.

African Development Fund Board approves US$ 141 million credit risk participations under Private Sector Credit Enhancement Facility

12-Oct-2017 - The Board of Directors of the African Development Fund (ADF), approved on Wednesday, 11 October 2017 in Abidjan credit risk participations in eight loans cumulatively valued at US$ 141 by the Private Sector Credit Enhancement Facility (PSF).

ALSF promotes link between arbitration and economic growth at the East Africa International Arbitration Conference

12-Oct-2017 - The connections between international arbitration and economic growth in African was the subject of the recent East Africa International Arbitration Conference (EAIAC), held in Kigali, Rwanda. The 28-29 September conference gathered more than 300 arbitration practitioners, users, and government representatives who engaged in productive discussions on how international arbitration can be deployed to promote growth on the continent.  As a strategic partner to the event, African Legal Support Facility (ALSF) staff actively participated in the...