Press Releases
Displaying 2701 - 2720 of 5337
AfDB approves US $20 million for Meridian’s soft commodity value chain operations in Southern Africa
20-Jan-2017 - The African Development Bank has approved a US $20 million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe. This Soft Commodity Finance Facility is designed to provide pre- and post-shipment finance along various stages of Meridian’s soft commodity value chain operations in the three countries concerned, to help local farmers and soft commodity suppliers to grow their revenues and produce quality crops for export.AfDB approves US $1-million humanitarian emergency grant to Tanzania to mitigate effects of earthquake in Kagera region
19-Jan-2017 - People affected by the earthquake which hit the Kagera region, in northwestern Tanzania, in September last year will get some relief from a humanitarian emergency grant approved by the African Development Bank Group’s Board last week. The assistance will help to meet urgent needs of primary and secondary schools in the earthquake affected areas, and restore learning activities. Kagera region in northwestern Tanzania was hit by a 5.9-magnitude earthquake on Saturday, September 10, 2016, resulting in 17 deaths and 440 injured people.African Development Bank - EUR 1 billion 0.250% 7-year Benchmark Transaction due January 2024
19-Jan-2017 - Final terms of the transaction Issuer African Development Bank, rated Aaa / AAA/ AAA (Moody’s / S&P / Fitch) Principal Amount EUR 1,000,000,000 Pricing Date January 17, 2017 Settlement Date January 24, 2017 Maturity Date January 24, 2024 Re-Offer Price/Yield 99.709% / 0.292%
The African Development Bank Group appoints Astrid Manroth as Director for Energy Transformative Partnerships
16-Jan-2017 - The African Development Bank is pleased to announce the appointment of Ms. Astrid Manroth as the Director for Energy Transformative Partnerships with effect from 15th February 2017. She joins the Bank from her current position as Managing Director for Sustainable Investments Europe and Africa at Deutsche Bank, Germany.
The African Development Bank Group appoints Wale Shonibare as Director for Energy Financial Solutions, Policy and Regulation
16-Jan-2017 - The African Development Bank is pleased to announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017.
The African Development Bank Group appoints Ousseynou Nakoulima as Director for Renewable Energy and Energy Efficiency
16-Jan-2017 - The African Development Bank is pleased to announce the appointment of Mr. Ousseynou Nakoulima as the Director for Renewable Energy and Energy Efficiency with effect from 1st April 2017. Nakoulima, a Senegalese, holds a Master of Business Administration from Harvard University Business School, USA and Master degrees in Engineering and Applied Mathematics from Ecole Polytechnique and Ecole des Mines in Paris.The African Development Bank Group appoints Anthony Nyong as Director for Climate Change and Green Growth
16-Jan-2017 - The African Development Bank is pleased to announce the appointment of Dr. Anthony Nyong as the Director for Climate Change and Green Growth with effect from 1st January 2017.
Africa/France Summit: AfDB President urges action to finance Africa's economic transformation
14-Jan-2017 - Akinwumi Adesina, President of the African Development Bank, has called for improved access to financing to accelerate the transformation of African economies. Speaking before African leaders at the Africa-France Summit which took place in Bamako on January 13-14, Mr. Adesina stressed that Africa can speed up its economic transformation through the Bank’s five main priorities, the “High 5”: “Light up and power Africa”; “Feed Africa”; “Industrialize Africa”; “Integrate Africa”; and “Improve the quality of life of African populations.Swedish firm wins AfDB contract to develop market-friendly Adaptation Benefit Mechanism for climate resilience
13-Jan-2017 - The African Development Bank (AfDB), with support from the Climate Investment Funds (CIF), has awarded a contract to Swedish consulting firm CPMA International to help develop a global Adaptation Benefit Mechanism (ABM).
Bamako Economic Forum: AfDB President calls for stronger partnerships with the private sector to open a new phase of economic transformation
13-Jan-2017 - The President of the African Development Bank (AfDB), Akinwumi Adesina, called on the private sector to establish partnerships with the Bank to achieve the Bank’s five development priorities High 5s” – and enter a new phase of transformation for the continent.La BAD et le Mali signent des accords de prêts pour financer le projet d’assainissement de la ville de Bamako
13-Jan-2017 - Le Ministre de l’économie et des finances du Mali, Boubou Cissé et le Directeur général de la Banque africaine de développement (BAD) en charge de l’Afrique de l’Ouest, Janvier Litse, ont procédé, ce jeudi 12 janvier 2017 à Bamako, à la signature des accords de prêts destinés au projet d’assainissement de la capitale malienne.African Development Bank - AUD 55,000,000 3.500% Notes due December 2031
13-Jan-2017 - Bond-Terms-Summary Transaction Highlights:AfDB commits US $40.8 million to reinforce the Lomé–Cotonou Road and protect it against coastal erosion
12-Jan-2017 - The Board of Directors of the African Development Bank Group (AfDB) approved on Friday, December 16, 2016 a US $40.8-million loan to the Republics of Benin and Togo to finance the upgrading into a four-lane 30-kilometre road section linking the capitals of both countries, as well as an important program of coastal protection.Burkina Faso wins $4-million loan to invest in farmers’ cooperatives to revive sustainable cashew market
12-Jan-2017 - With support from the African Development Bank (AfDB), Burkina Faso has been awarded a US $4-million loan from the Climate Investment Funds’ Forest Investment Program (CIF FIP) to revive its cashew sector and mitigate climate change, working through an innovative public-private sector business model between the national union of farmers’ cooperatives and the government.African Development Bank Group approves €200 million loan to support Gabon’s reform program
11-Jan-2017 - Oil price decline puts economic prospects at risk Reforms aim at consolidation of public finances and structural transformation Loan, first tranche of €500 million packageLa BAD octroie 38,26 millions d’euros au Mali, pour financer le projet d’assainissement de la ville de Bamako
11-Jan-2017 - Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé un prêt de 30 millions d’unités de compte (environ 38,26 millions d’euros), au gouvernement du Mali, pour financer le projet d’assainissement de la ville de Bamako (PAVB).