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Appointment of Director General, Southern Africa Regional Development and Business Delivery Office
31-Dec-2018 - The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office with effect from 1st September 2018.
Engaging with Civil Society: African Development Bank organizes last 2018 Internal Consultation Workshop
26-Dec-2018 - The African Development Bank Civil Society and Social Innovation Division organized a one- day “Civil Society Awareness Brown Bag Lunch” on 19 December 2018 at the Bank’s headquarters. The Bank, under the leadership of President Akinwumi Adesina, has gradually placed African citizens at the centre of its intervention strategy, making civil society a key partner to achieve greater results with lasting impact on the lives of Africans.
Maroc : Pose de la première pierre du nouveau terminal de l’aéroport Rabat-Salé financé par la Banque à hauteur de 75 millions d’euros
21-Dec-2018 - Le Roi du Maroc a procédé, mercredi 19 décembre 2018, à la pose de la première pierre du nouveau terminal de l’aéroport international de Rabat-Salé.Egypt: President El-Sisi Inaugurates Bank-supported wastewater treatment plant
20-Dec-2018 - Egypt’s President Abdel-Fattah El-Sisi on Saturday, 15 December 2018 inaugurated the El-Gabal El-Asfar wastewater treatment plant (Phase II – Stage II) in Cairo, with a delegation from the African Development Bank, led by Yacine Fal, Deputy Director General for North Africa. The visit to the project site was combined with the launch of a massive housing program for disadvantaged people who will benefit from improved housing as well as access to clean water.
RDC : Rawbank obtient 15 millions de dollars de la Banque africaine de développement pour stimuler les PME
20-Dec-2018 - La Banque africaine de développement va dynamiser le secteur privé en RDC, en octroyant une ligne de crédit de 15 millions de dollars US$ à Rawbank. «La Banque africaine de développement donne ainsi, un signal fort, avec cette ligne de crédit qui va booster le secteur privé congolais, en ciblant en particulier les femmes entrepreneures», dira le Directeur général de Rawbank, Thierry Taeymans.African Development Fund Board approves US$149 million credit risk participations by the Private Sector Credit Enhancement Facility in seven private sector operations targeting low-income countries.
19-Dec-2018 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on 14 December 2018, credit risk participations by the Private Sector Credit Enhancement Facility (PSF) in seven loans cumulatively valued at US$149 million. Launched in 2015 by the ADF, the PSF provides credit risk participations in private sector operations of the African Development Bank in low-income countries, and is on its way to building a US$1.5 billion portfolio of exposures.African Development Bank: African Education Fund will boost innovation, economic transformation
19-Dec-2018 - The African Development Bank is keeping higher education, science and technology at the top of its development agenda as it backs a proposed African Education Fund (AEF) which seeks to provide strategic support for more efficient and effective education systems across Africa. The Bank reiterated its commitment to “bridging the current education funding gap and providing quality education in Africa” during a Science and Technology Summit of Heads of State, held in Malawi in November 2018.African Development Bank invests US$7.5 million in Africa Tech Ventures to boost innovative start-ups
18-Dec-2018 - The Board of Directors of the African Development Bank has approved a US$7.5 million equity investment in Africa Tech Ventures (ATV) to boost operations of highly scalable companies that use technology to innovate in key sectors such as consumer goods, corporate services, education, logistics, energy, fintech, agriculture or healthcare. The equity investment is part of the Boost Africa Investment Program, a joint collaboration between the Bank, the European Commission (EC) and the European Investment Bank (EIB), which has already committed US$...
Curtain falls on COP24 in Poland: African Development Bank more resolute than ever to fight against climate change in Africa
18-Dec-2018 - The curtain has fallen on COP24, this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to reach agreement on specific parts of the 'rulebook' to be applied from 2020 by the 197 signatories of the Paris Agreement, to limit global warming to 2°C-1.5°C relative to pre-industrial levels.The African Legal Support Facility receives €4 million from Germany
18-Dec-2018 - The African Legal Support Facility (ALSF) and KfW Development Bank have signed an agreement to extend a €4 million grant from the Federal Republic of Germany through KfW to the Facility. This assistance builds on a 2016 Memorandum of Understanding between the two institutions under which ALSF was given a grant of €5 million.
Cabo Verde: African Development Bank to strengthen support to private sector
18-Dec-2018 - The African Development Bank will triple its support to Cabo Verde, the Bank announced during the country’s International Donors Conference and Investment Forum in Paris, on the theme: “Building New partnership for Sustainable Development of Cabo Verde”.Le Conseil d’administration de la Banque africaine de développement approuve le programme d’emprunt de la Banque pour 2019
18-Dec-2018 - Le Conseil d’administration de la Banque africaine de développement a approuvé le programme d’emprunt de 2019 pour un montant maximum de 7,24 milliards de dollars américains à mobiliser sur les marchés de capitaux.Côte d’Ivoire – Près de Man, 60 villages sont désormais connectés au réseau électrique
18-Dec-2018 - Soixante villages du département de Man, dans la région du Tonkpi en Côte d’Ivoire, sont sortis des ténèbres dans le cadre du volet d’électrification rurale du Projet de renforcement des réseaux de transport et de distribution(PRETD) financé à hauteur de 137,82 millions d’euros par le Groupe de la Banque africaine de développement.Sudan: African Development Bank approves US$75 million to DAL Group Co. Ltd to transform country’s food and agriculture
17-Dec-2018 - The African Development Bank has approved its first private sector investment in Sudan in a multi-currency loan equivalent to US$75 million to DAL Group Co. Ltd – one of Sudan’s largest food and agriculture business groups. The investment, approved on 13 December 2018, will support the expansion of the company’s vertically integrated food and agriculture operations to transform the Sudanese agriculture and food industry.
Ghana’s First Lady Joins Network of African Leaders for Nutrition Champion
17-Dec-2018 - The African Leaders for Nutrition on Monday inaugurated Ghana’s first lady Rebecca Akufo-Addo as a Nutrition Champion, acknowledging her work and commitment to sound nutrition and the wellbeing of mothers and infants.Rwanda: African Development Bank approves €115 million, providing 1.5 million people access to water
17-Dec-2018 - The African Development Bank’s Board has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable water supply services. The funding will cover strategic cities and address water and sanitation challenges in areas with a low access rate of 45% − a figure that is way below the national average of 85%.