Press Releases

Displaying 2761 - 2780 of 5337

Bénin : une nouvelle étape de franchie pour le programme « Énergie et Eau pour la Vie »

07-Dec-2016 - Une étape de plus vers la mise en œuvre du programme « Energie et Eau pour la Vie » vient d’être franchie au Bénin. Grâce à l’assistance technique fournie par la Banque africaine de développement (BAD) depuis août 2016, le programme dispose désormais de données concrètes en termes de budget et de cadrage institutionnel, ce qui devrait lui permettre de mobiliser les fonds nécessaires à son déploiement sur le terrain. 

African Economic Conference closes with call for agriculture to be at the centre of Africa’s development

07-Dec-2016 - The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive discussions on how African countries can achieve agro-allied industrialization. Over 300 participants attended the annual event, co-organized by the African Development Bank (AfDB), UN Economic Commission for Africa (ECA) and United Nations Development Programme (UNDP), on the theme, "Feed Africa: Towards Agro-Allied Industrialization for Inclusive Growth."

African Development Bank Group approves the first Multi-jurisdictional Fixed Income ETF in Africa

07-Dec-2016 - The Board of Directors of the African Development Bank (AfDB) has approved a seed equity capital investment of USD 25 million into the African Domestic Bond Fund (ADBF). The ADBF was conceived as part of the African Financial Markets Initiative (AFMI, www.africanbondmarkets.org), dating back to 2008. Its objectives are to contribute to the development of local debt markets in Africa, by strengthening the domestic bond market infrastructure and investing in local currency-denominated debts.

Continental validation meeting in Cairo paves the way for ADEA 2017 Triennale in Marrakech

06-Dec-2016 - On the occasion of the 2017 Continental Validation Meeting organized by the Association for the Development of Education in Africa (ADEA) in partnership with the Republic of Egypt, the country’s Minister for Higher Education and Scientific Research, Ashraf El Shihy, highlighted the core role of ADEA in fostering education, training and development in Africa.

African Economic Conference opens in Abuja: Agricultural transformation on the agenda

05-Dec-2016 - The 11th African Economic Conference (AEC) kicked off in Abuja, Nigeria, on Monday with a consensus on the need to scale up the continent’s agricultural transformation to spur industrialization and inclusive growth.

The African Development Bank Group Appoints Ms. Atsuko Toda as Director for Agricultural Finance and Rural Development

05-Dec-2016 - The African Development Bank Group is pleased to announce the appointment of Ms. Atsuko Toda as Director for Agricultural Finance and Rural Development with effect from 1st December 2016.

Climate finance mobilization required to strengthen NDC ambition, says new report

02-Dec-2016 - The African Development Bank (AfDB) Climate Investment Funds (CIF) unit released in November a new study which details regional member countries’ progress in ratifying the Paris Agreement and their efforts to transition Intended Nationally Determined Contributions (INDCs) into Nationally Determined Contributions (NDCs).

Premier appui budgétaire de la BAD à la Mauritanie, destiné à diversifier l’économie du pays

02-Dec-2016 - La Banque africaine de développement (BAD) et la Mauritanie ont signé, le 30 novembre 2016 à Abidjan, des accords de financement totalisant 9,2 millions de dollars américains, prêt et don cumulés. C’est une grande première, puisqu’il s’agit là du tout premier appui budgétaire de la Banque à la Mauritanie. Ce financement servira à la première phase du Programme d’appui aux réformes économiques et à la diversification de l’économie (PAREDE I) du pays.

African Economic Conference 2016: Ending hunger and enabling food security in Africa

02-Dec-2016 - Researchers, policy-makers and development partners converge in Abuja, Nigeria, for the 11th African Economic Conference (AEC) from December 5-7, 2016, to share ideas on topical African development issues including how to end hunger and ensure food security in Africa.

Report reveals 12% growth in financial commitments to Africa’s infrastructure development in 2015

02-Dec-2016 - Financial commitments to Africa’s infrastructure development in 2015 totalled $83.4bn, a 12% increase from the previous year, a report by the Infrastructure Consortium for Africa’s (ICA) revealed. The Infrastructure Financing Trends in Africa 2015 report was released during the ICA annual meetings held in Abidjan, Côte d’Ivoire from November 22-23 under the theme: ““Building quality infrastructure for Africa’s development.”

“CSOs, essential partners for AfDB to achieve results and impact on the ground,” says Maria Mulindi, Senior Advisor to AfDB President

01-Dec-2016 - “Civil society organizations are essential partners for the African Development Bank (AfDB) to achieve results on the ground, and have positive impact on the lives of project beneficiaries,” said Maria Mulindi, Senior Advisor to AfDB President for Civil society and Community-Based Organizations. She was speaking at the closing ceremony of the AfDB regional consultations meeting with Southern Africa civil society organizations (CSOs) on 30 November 30 in Johannesburg, South Africa.

Major rural water supply conference underway in Abidjan with AfDB’s support

01-Dec-2016 - A four-day meeting, to address the challenges facing rural water supply and to share perspectives on best practices, started on 29 November 2016 in Abidjan, with full support from the African Development Bank (AfDB). The forum brought together more than 500 participants, comprising government officials, policy makers, scientists, researchers and private sector representatives.

ALSF Management Board approves work plan and budget for 2017

30-Nov-2016 - The African Legal Support Facility (ALSF) Management Board met in Abidjan, Côte d’Ivoire to provide strategic guidance for the ALSF’s planned future direction and operations. The meeting was held under the leadership of the new Chairman, Seward Cooper, and focused on a number of items, namely the ALSF’s financial statements as of September 2016, the work plan and budget for 2017, the report on the review of the Medium Term Strategy (MTS) 2013–2017 as well as progress on the implementation of projects. 

AfDB and United Bank for Africa Plc sign US$ 150 million Line of Credit

30-Nov-2016 - The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria.

AfDB and CRDB Bank Plc of Tanzania sign US$120 million loan agreement to finance infrastructure and SMEs

30-Nov-2016 - The African Development Bank Group (AfDB) and CRDB Bank Plc (CRDB) of Tanzania signed a US$ 120 million loan agreement in Nairobi on November 30, 2016 to finance infrastructure and SME projects in Tanzania. The loan will support infrastructure development, particularly the power and transport sectors, which is a major constraint for Tanzania’s economic diversification and growth.

PIDA Week 2016 ends with pledge to make infrastructure development a key enabler to youth employment

30-Nov-2016 - Officials from the African Union (AU), the NEPAD Agency and the African Development Bank (AfDB) reaffirmed their commitment to ensure employment opportunities are included in infrastructure project design to create inclusive growth and sustainable development in Africa. The pledge was made at the closing ceremony of the second annual Programme for Infrastructure Development (PIDA) Week in Abidjan, Côte d’Ivoire.

The African Water Facility promotes sustainable growth through climate resilient water resources development in Southern Africa

29-Nov-2016 - The African Water Facility (AWF) approved a grant of about €2 million to support a multinational transboundary project to prepare a Climate Resilient Water Resources Investment Strategy and Multipurpose Project for the Orange-Senqu River Basin, serving the population of Botswana, Lesotho, Namibia and South Africa. The main goal of this project is to promote sustainable socio-economic growth in the basin riparian countries through climate resilient water resources development in the framework of basin wide cooperation led by the Orange Senqu...

Southern African CSOs commend AfDB for engaging with them on delivery of Bank’s High 5 priorities

29-Nov-2016 - During a consultation meeting that opened on November 28 in Johannesburg, South Africa, Southern African civil society organizations (CSOs) commended the African Development Bank (AfDB) for seeking their input for better delivery of its operational priorities. 

Southern African CSOs and AfDB outline expectations for better cooperation

29-Nov-2016 - At a regional consultation meeting the African Development Bank (AfDB) is organizing with Southern African civil society organizations (CSOs) from November 28 to 30 in Johannesburg, South Africa, the Bank and CSOs outlined their expectations so as to provide a better understanding of their respective roles and strengthen cooperation.