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AfDB Board approves Ketta-Djoum road development and Yaoundé-Brazzaville corridor transport facilitation, a regional transport project
22-Oct-2015 - The Board of Director of the African Development Bank Group met in its ordinary session on October 21, 2015 in Abidjan, and approved the Ketta-Djoum road development and Yaoundé-Brazzaville corridor transport facilitation project-Phase 2, with a view to boosting economic and social development and regional integration in the Economic Community for Central African States area (ECCAS).
AfDB hosts “Africa Workshop” to refine the OECD “States of Fragility” model
22-Oct-2015 - The African Development Bank’s (AfDB) Transition Support Department co-hosted a workshop with the Organisation for Economic Co-operation and Development (OECD) on October 19, 2015. The event was part of a series of consultative workshops by the OECD, to refine the concept and dimensions of a new model of fragility, in preparation for the “States of Fragility Report 2016”.La BAD va débloquer 325 millions de dollars pour appuyer la Banco de Poupança e Credito d’Angola
22-Oct-2015 - Le Groupe de la Banque africaine de développement (BAD) a décidé mercredi 21 octobre 2015 à Abidjan, d’allouer 325 millions de dollars à la banque angolaise Banco de Poupança e Credito (BPC), en appui au plan de développement de cet établissement bancaire, l’un des plus importants du pays, avec un réseau de 360 succursales.
Agricultural transformation will change Africa for the better in a decade, says AfDB President
21-Oct-2015 - The President of the African Development Bank (AfDB), Akinwumi Adesina, has said that harnessing Africa’s agricultural potential can serve as the much-needed game changer of the continent’s economy. “A bold plan to transform agriculture will boost local food production, reduce food import bills, conserve foreign exchange, increase domestic savings and assure strong macroeconomic and fiscal stability,” the AfDB President emphasized.AfDB Board approves €70 million for construction of Senegal’s Digital Technology Park
21-Oct-2015 - In its bid to contribute to promoting Senegal as an information and communications technology (ICT) centre of excellence and a destination for the establishment of call centers, e-commerce, software development, wireless Internet facilities and other ICT market segments, the African Development Bank (AfDB) will inject €70.61 million in the sector. The Board of Directors approved the Senegal Digital Technology Park project on Wednesday, October 21, 2015, at its ordinary session held in Abidjan chaired by First Vice-President and COO, Emmanuel...Transforming Africa’s agriculture for growth and development: Delegates converge on Dakar for landmark conference
20-Oct-2015 - Delegates from across the globe are converging on Dakar, Senegal, for a landmark conference on agriculture that promises to yield one of the boldest initiatives ever taken on Africa’s development. Some 400 participants including Finance, Planning, Economy, Agriculture, Rural Development, Trade and Industry Ministers as well as Central Bank Governors are joining business leaders, academia, investment agencies, civil society and global experts in Dakar from October 21-23, to discuss the future of Africa’s agriculture.Zambia: US $30 million for skills, jobs and entrepreneurship for women and youth in the agriculture sector
20-Oct-2015 - The African Development Bank’s Board of Executive Directors approved on Wednesday, October 14 a loan of US $30 million to the Government of Zambia for the Skills Development and Entrepreneurship Project Supporting Women and Youth. The project is designed to promote job creation, gender equality and poverty reduction amongst young cassava producers to enable inclusive economic growth and sustainable livelihoods development.
AfDB stages first Tech Innovation Weekend in Côte d’Ivoire
15-Oct-2015 - The African Development Bank (AfDB) hosted an inaugural Innovation Weekend at its headquarters in Abidjan, Côte d’Ivoire, from October 9-11. The goal: to find technology-led solutions from West Africa to better the lives of women and youth.AfDB high-level conference to catalyze Africa’s agricultural transformation
15-Oct-2015 - On October 21-23, Ministers of Finance, Planning and Economy, as well as Ministers of Agriculture, Rural Development, Trade and Industry and Governors of Central Banks will join business leaders, academia, investment agencies, civil society and global experts in Dakar, Senegal, to discuss the future and transformation of agriculture in Africa.AfDB approves US$ 15 million trade facilitation loan for UniBank Limited, Ghana
15-Oct-2015 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 14, 2015, in Abidjan, a US $15-million trade finance line of credit for UniBank Ghana (UniBank) to enhance its capacity to finance small and medium enterprises (SMEs) and indigenous firms operating within the tradable sector in Ghana. The facility is a fully funded three-year trade facilitation (senior) loan which will be used by UniBank to support trade finance (TF) instruments issued largely in favour of SMEs and indigenous firms in Ghana.Register to attend the 9th African Economic Conference / 1-3 November 2014 in Addis Ababa
15-Oct-2015 - The 9th African Economic Conference (AEC) will take place at the UN Conference Center, Addis Ababa, Ethiopia, from November 1st to 3, 2014 under the theme “Knowledge and Innovation for Africa’s Transformation”. The conference is organized each year by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (UNECA) and the United Nations Development Programme (UNDP). Don't miss out, secure your place now. To register, please visit:La BAD mobilise 132 millions de dollars pour un nouvel appui au Plan Maroc vert
14-Oct-2015 - La Banque africaine de développement (BAD) vient d’allouer un financement de 132 millions de dollars au Maroc. Cette approbation de son Conseil d’administration intervenue, le 14 octobre 2015, à Abidjan, vise à appuyer la 2è phase du Programme d’appui au Plan Maroc vert (PAPMV-2) afin de renforcer la compétitivité du secteur agricole et promouvoir une croissance économique inclusive, sensible au genre et verte.AfDB approves the new Bank Group Procurement Framework
14-Oct-2015 - On October 14, 2015, the Board of Directors of the African Development Bank Group (AfDB) approved the Bank’s new procurement framework. The need for a comprehensive revision of the African Development Bank’s two procurement policy documents, namely, the “Rules and Procedures for Procurement of Goods and Works” and the “Rules and Procedures for the Use of Consultants” was recognized over the last few years.Creating the necessary framework to mobilize sustainable energy investment in Africa: SE4All Africa Hub Annual Report
13-Oct-2015 - The Sustainable Energy for All (SE4All) Africa Hub launched on Tuesday, October 13 in Abidjan its Annual Report for 2014-2015, which outlines the progress made to date in helping the 44 partner countries create strategic frameworks necessary to mobilize investment for realizing their long-term e
AfDB and Egyptian Government sign USD 50-million loan for Sharm El-Sheikh Airport Development Project
12-Oct-2015 - The African Development Bank and the Government of Egypt, on Saturday, October 10 in Lima, Peru, signed the loan agreement for USD 50 million from the Africa Growing Together Fund (AGTF), a USD 2 billion Special Fund provided by China and managed by the Bank to co-finance Bank operations. This agreement complements earlier signed agreements of a USD 90-million loan from the Bank’s loan window and USD 1.8-million grant from the Middle Income Countries (MIC) Technical Assistance Fund, all earmarked for the Sharm El-Sheikh Airport Development...African Development Bank to triple Annual Climate Financing to nearly $5 billion by 2020
09-Oct-2015 - The President of the African Development Bank (AfDB), Akinwumi Adesina, announced on Friday, October 9 that the AfDB would nearly triple its annual climate financing to reach $5 billion a year by 2020. AfDB’s climate spending will increase to 40% of its total new investments by 2020. “Climate change is both an urgent threat and a unique opportunity,” Adesina said. “The Bank is significantly stepping up its support for African countries, not only to meet that threat but also to seize the opportunity to drive low-carbon, climate-resilient growth...
AfDB President calls for enhanced partnerships to unlock Africa’s energy potential as G20 adopts Action Plan on Energy Access in Sub-Saharan Africa
08-Oct-2015 - African Development Bank Group (AfDB) President Akinwumi Adesina delivered the special keynote address at the first G20 Energy Ministers meeting held in Istanbul, Turkey, on October 2, 2015. The meeting organized under the theme “Inclusive Energy Collaboration: Delivering on the G20 Principles” was officially opened by Recep Tayyip Erdogan, President of Turkey, under the aegis of Turkey’s current G20 Presidency.AfDB President Akinwumi Adesina appointed Chair of Africa50 Boards of Directors
08-Oct-2015 - The Boards of Directors of Africa50 Project Development and Project Finance met on October 6, 2015 in Abidjan, Côte d’Ivoire. The Boards approved the appointment of Akinwumi A. Adesina, President of the African Development Bank, as the new Chairperson of both Boards. Members expressed great satisfaction about the enthusiastic acceptance by Adesina of this important role and the continued strong support of the African Development Bank.