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Africa Investment Forum: Arab Bank for Economic Development in Africa (BADEA) acquires stake in Eastern and Southern African Trade and Development Bank (TDB)
08-Nov-2018 - The Arab Bank for Economic Development in Africa (BADEA) has acquired an equity stake in the Eastern and Southern African Trade and Development Bank, formerly known as PTA. BADEA CEO Sidi Ould Tah and TDB president Admassu Tadesse ratified the agreement on 8 November 2018, on the second day of the Africa Investment Forum held in Johannesburg, South Africa.Africa Investment Forum Calls for increased investments into pension funds on the continent
08-Nov-2018 - Africa’s largest economies are leading the way, investing in equity market and pension funds but more countries need to follow suit to attract much needed foreign institutional investment into the continent. These conclusions came out of session on ‘Institutional Investors Dialogue’ at the Africa Investment Forum in Johannesburg, South Africa.Côte d’Ivoire : Prêt de €42 millions de la Banque africaine de développement pour améliorer l’accès à l’électricité en milieu rural
08-Nov-2018 - A l’horizon 2021, le Gouvernement de Côte d’Ivoire ambitionne d’électrifier toutes les localités de plus de 500 habitants. Pour réaliser cet objectif, le pays a bénéficié, le mercredi 7 novembre 2018, d’un prêt de €42,3 millions de la Banque africaine de développement en vue de financer le projet d’amélioration d’accès à l’électricité en milieu rural qui s’inscrit dans le cadre du Programme National d’Electrification Rurale (PRONER) élaboré par le Gouvernement en 2013.
Push for Africa Investments: Finance Institutions Join Forces to ‘Deliver As One For Africa’
07-Nov-2018 - The African Development Bank President Akinwumi Adesina on Tuesday made an impassioned call for investors to join the partnership platform offered by the Africa Investment Forum and “grab the chance to fast track the continent’s investment and development agenda". His message was a clarion call to regional and global investors, financial sector leaders and prominent government officials who filled the Africa Room auditorium of the Sandton Convention Centre in Johannesburg, South Africa, for a plenary session entitled “Delivering As One for...Free-to-air Broadcast live television feeds from the 2018 Africa Investment Forum in South Africa Nov 7-9, 2018
07-Nov-2018 - As part of concerted efforts to ensure broadcast, cable, and satellite television stations networks receive clean quality free-to-air broadcast feeds from the Africa Investment Forum, CBNC Africa, the official broadcast partner of the event, will provide real-time clean feeds via the following link: Sat yamal 402 @55 deg East. HD feeds will be available at the the Sandton Convention Centre venues and OB van.Constitution du Réseau africain des experts en acquisition, la Banque africaine de développement et la Banque mondiale s’impliquent
07-Nov-2018 - Des représentants en marchés publics de quarante-deux (42) pays africains se sont réunis du 29 au 31 octobre 2018 à Lomé, Togo, en vue de la constitution du Réseau africain des experts et professionnels en commande publique.
All set for Africa’s first investment marketplace − the Africa Investment Forum, an initiative of the African Development Bank
07-Nov-2018 - The African Development Bank’s Africa Investment Forum (AIF), a game changer for financing Africa’s infrastructure development, is scheduled to take place at the Sandton Convention Centre, Johannesburg, South Africa from November 7-9, 2018.Renewable energy in Africa: African Development Bank and Moroccan agency Masen join forces to roll out 'Desert to Power' initiative
07-Nov-2018 - The African Development Bank Group President Akinwumi Adesina and Mustapha Bakkoury, President of Moroccan agency Masen (Moroccan Agency for Sustainable Energy), have signed a letter of intent marking a new cooperation initiative as part of the 'Desert to Power' programme. The ceremony took place on the first day of the Africa Investment Forum, in Johannesburg, South Africa.Africa Investment Forum: African Legal Support Facility offers tools to assist negotiations for infrastructure on the continent
07-Nov-2018 - Stephen Karangizi, Director and Chief Executive Officer of the African Legal Support Facility on Monday said the facility offers the needed tools for African countries to better negotiate infrastructure investment deals. Karangizi made the comments at the Africa Investment Forum taking place in Johanesburg, South Africa. He also noted that the facility helps to create transparency between African governments, and private sector funders and providers of essential infrastructure.
Niger Basin Authority will get US$134 million to spur Development and Climate Change Adaptation in the Niger Basin (PIDACC)
07-Nov-2018 - In a bid to improve the resilience of the people and ecosystems of the Niger River Basin, the Board of Directors of the African Development Bank, has approved US$76 million for the integrated development and climate change adaptation in the Niger Basin. The program is co-financed with – the Green Climate Fund, the European Union, the Global Environment Fund, the Forest Investment Fund and the various governments – to the tune of US$134 million.
Kinshasa, Brazzaville Ink Landmark Bridge Project
07-Nov-2018 - On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals – Kinshasa and Brazzaville.Maroc : la Banque africaine de développement appuie l’extension et la modernisation de l’aéroport international de Rabat-Salé
06-Nov-2018 - Le Maroc va renforcer sa compétitivité, ainsi que l’attractivité de la zone économique Rabat-Salé, pour en faire un hub régional. Dans cette dynamique, la Banque africaine de développement, a apporté un appui financier de 75 millions d’euros au pays, pour l’extension et la modernisation de l’aéroport international de Rabat-Salé.African Development Bank to invest over US$ 500 million in New City Wide Inclusive Sanitation projects with support from Gates Foundation
06-Nov-2018 - The African Development Bank announces a new initiative to promote innovation and citywide inclusive sanitation services for sub-Saharan Africa’s urban inhabitants. The Bank’s Africa Urban Sanitation Investment Fund Program, with support from the Bill & Melinda Gates Foundation, is funding the initiative designed to focus on the poor.
Investors’ Bright Future in Africa
06-Nov-2018 - For any investor interested in Africa, there is only one place to be this week: Johannesburg. When the three-day Africa Investment Forum opens on November 7, a total of 61 deals with an estimated value of more than $40 billion will be featured in “Boardroom Sessions,” while another $28 billion will be showcased to investors at the “Gallery Walk” marketplace.Funding for Africa’s infrastructure grows by 22% (ICA), as Africa Investment Forum opens
06-Nov-2018 - Funding commitments to Africa’s infrastructure development rose by 22% in 2017, the Infrastructure Consortium for Africa (ICA) announced today. Published on the first day of the Africa Investment Forum, the ICA’s Infrastructure Financing Trends in Africa 2017report shows that commitments to develop Africa’s infrastructure increased to $81.6bn in 2017 from US$66.9bn in 2016.