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30-Aug-2019 - The African Development Bank is to part-finance the construction of a 563 km power transmission line in Mozambique, after signing the agreement on 28 August to start the Temane transmission project, approved by the Board in July. The Bank will contribute $33 million in grants to the project.
29-Aug-2019 - The African Development Bank, with the support of the Bill and Melinda Gates Foundation and the Rockefeller Foundation, is launching a new L4AG Forum on 2 September 2019 in Accra, Ghana on the margins of the African Green Revolution Forum. Since 2017, the African Development Bank’s Leadership4Agriculture, or L4AG Forum has brought senior and influential government and private sector leaders together for dialogue, advocacy and policy formation to strengthen Africa’s agriculture sector.
TICAD 7: Japan, South Africa and the African Development Bank unveil priorities to accelerate Africa’s technology transformation journey29-Aug-2019 - “Let’s be visionary. Let’s be bold. Let’s support concrete initiatives to boost science, technology, and innovation in Africa,”- Akinwumi Adesina Science, technology and innovation as well as human resource development are critical in Africa, a continent, which has the biggest potential on earth, Prime Minister Shinzo Abe said at the Science and Technology in Society (STS) forum held in Yokohama, on Wednesday, as part of TICAD 7.
29-Aug-2019 - “There’s risk, yes, but there are juicy returns, now is the time for all of us to run in that direction.” - Jennifer Blanke Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles, participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard.
TICAD7: African Development Bank discusses relief for fragile states through innovative private sector financing solutions29-Aug-2019 - Access to concessional resources and insurance cover for pioneering investments, offer fragile nations the best tools to jump-start their economies, the African Development Bank said.
African Development Bank Group signs $28.8 million grant deal with Somalia for road and water projects29-Aug-2019 - Mogadishu, Somalia, 29 August 2019 – The African Development Bank Group on 27 August 2019 signed two grants for $28.8 million for road and water supply projects to improve livelihoods in Somalia and boost resilience. The grants, approved by the Bank’s Board on 19 July 2019, confirm sustained efforts, especially by the African Development Fund, to tackle fragility in the Horn of Africa. They comprise $11.99 million for the Kismayo Baidoa urban water project and $16.86 million to partly finance a $66.7 million road.
29-Aug-2019 - Abidjan, Côte d’Ivoire, August 29 - African Development Bank Group President Akinwumi Adesina arrives in the Kingdom of Eswatini on Saturday for an official visit, which will include a trip to one of the major Bank-funded projects in the country. Adesina will meet with Eswatini Minister of Finance Neal Rijkenberg.
28-Aug-2019 - The African Development Bank and the Africa Legal Support Facility (ALSF) joined the government of Mauritius in the launch of the Utility Regulatory Authority’s (URA) strategic business plan 2019-2022. Launched on 15 August 2019 in Ebene, Mauritius, the plan will strengthen the URA’s capacity on staffing, tools and other resources to regulate the energy sector effectively.
28-Aug-2019 - “We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity.” - Adesina urges. Yokohama, Japan, 28 August 2019 – The Sasakawa Association will work with the Japan International Cooporation Agency (JICA), to help double rice production to 50 million tonnes by 2030. Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7.
“The Kaizen approach is more than a technique…it is an approach to economic development, and it’s been yielding tremendous results” - African Development Bank Vice-president Celestin Monga27-Aug-2019 - Yokohama, Japan, 27 August 2019 – Kaizen, the business philosophy which means continuous improvement in Japanese, was at the heart of discussions at a seminar held on Tuesday, and co-organised by JICA and NEPAD on the sidelines of the 7th Tokyo International Conference on African Development, TICAD7. The seminar, under the theme: “Africa’s Socio-economic Transformation through innovation,” discussed the role of Kaizen, in improving quality and productivity as well as human resource development on the continent.
27-Aug-2019 - The African Development Bank Group on 21 August 2019 signed a deal to support Zimbabwe’s post-cyclone Idai recovery plans with $24.7 million as part of its lead role to help restore livelihood and infrastructure in areas most hit by the disaster this year. Cyclone Idai hit the southern African nation in March, causing loss of lives, devastation, displacement and extensive damage to infrastructure in some eight districts. The Bank Group initially responded to the calamity with $250,000 to support the humanitarian aid response.