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Kenya: African Development Bank, Entreprenarium, kick off master classes for women entrepreneurs
08-Feb-2019 - A third round of two-week masterclasses on entrepreneurship, business development and financial management for women entrepreneurs organized by the African Development Bank in partnership with Entreprenarium, kicked off Thursday in Kenya, under the Bank’s flagship Affirmative Finance Action for Women in Africa (AFAWA) program.
African Development Bank’s African Economic Outlook well received at 2019 AU Summit
08-Feb-2019 - The Commissioner for Economic Affairs at the African Union Commission, Victor Harison, has described the 2019 African Economic Outlook (AEO) as an important forecast for African policy makers to build their yearly economic projections and planning. Harison spoke before ambassadors, ministers, policy makers, researchers, and economic experts at an event held Friday on the sidelines of the 32nd Ordinary Session of the Assembly of the African Union in Addis Ababa.
South Korea ready to partner with Africa on technology
07-Feb-2019 - In partnership with the African Development Bank, Korea is ready to step up technology transfers to Africa, officials said in Seoul today. Speaking at a meeting on potential technology partnerships between Korea and Africa, representatives of Busan Metropolitan City, Busan Techno Park, and Korea’s Green Technology Center said there was huge potential for cooperation and immense opportunities for job-creating bankable projects. The range of business options include agriculture, green growth, smart urban transportation management, and numerous...More information and investment in food safety needed to tackle high human cost of foodborne illness, new report finds
06-Feb-2019 - More than half of donor-funded food safety initiatives in sub-Saharan Africa are focused on overseas markets, with less than half on domestic consumers, a new report from the Global Food Safety Partnership has found. An analysis of more than 500 projects and activities in sub-Saharan Africa since 2010 found that most of them focused on food safety for exports. While exports are crucial for economies, the African continent suffers the world’s worst levels of food safety, causing human capital losses of an estimated $16.7 billion a year in...Eswatini on track to strong growth, African Development Bank team concludes after consultation mission
06-Feb-2019 - The Kingdom of Eswatini is on track for progress following encouraging country performance in execution of ongoing projects, Executive Directors of the African Development Bank concluded following a consultative mission to the southern African nation.
African Development Bank President Adesina confident of “very promising future” for continent
05-Feb-2019 - "The future of our continent is looking very promising indeed," African Development Bank Group President Akinwumi Adesina declared in the opening words of his address to diplomats at a lunch organised today, Tuesday, in Abidjan.
African Development Bank, ECOWAS, sign agreement for study on Abidjan-Lagos Corridor Highway
05-Feb-2019 - The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study into a 1,000 kilometre highway linking Cote d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria, marking a new step in building regional integration and trade.
SENEGAL: New African Delivery Units Network launched
23-Jan-2019 - The African Delivery Units Network, a unique platform for government delivery units across the continent, has been launched in the Senegalese capital Dakar.
First statutory meeting of the African Development Bank-Civil Committee
21-Jan-2019 - The African Development Bank - Civil Society Committee held its first statutory meeting at the Bank’s headquarters in Abidjan on 15-16 January, 2019.
African Development Bank and ICRC join forces to accelerate economic resilience in fragile contexts
18-Jan-2019 - The African Development Bank Group and the International Committee of the Red Cross (ICRC) signed a letter of intent on Wednesday 16th January 2019 at the Bank’s headquarters in Abidjan. The letter commits the institutions to increase their collaboration to accelerate gender equality, build resilience, and provide improved economic opportunities in Africa’s transition countries.African Development Bank’s Executive Directors to visit the Kingdom of Eswatini
18-Jan-2019 - A team of ten Executive Directors (EDs) from the African Development Bank will be on a three-day stakeholder consultation mission in the Kingdom of Eswatini (formerly Swaziland) over the period 27-30 January 2019.
African Development Bank and Rwanda Sign financing agreements worth €115 million for water projects
17-Jan-2019 - The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme as additional financing. The funding, which comprises €114.27 million from the AfDB window and €0.8 million from the Rural Water Supply and Sanitation Initiative Trust Fund, augments the original financing of €104 million AfDB loan and €43 million Africa Growing Together Fund loan approved by the Bank’s Board in 2017.
African Economic Outlook 2019: Africa growth prospects remain steady, industry should lead growth
17-Jan-2019 - ‘The state of the continent is good. Africa’s general economic performance continues to improve, but it remains insufficient to address the structural challenges,” A. Adesina
African Economic Outlook 2019: Africa growth prospects remain steady, industry should lead growth
17-Jan-2019 - Africa’s general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020. But improved macroeconomic and employment outcomes require industry to lead growth, according to the 2019 African Economic Outlook report, launched today by the African Development Bank. Published annually since 2003, the African Development Bank’s flagship report provides headline numbers on Africa’s economic performance and outlook.