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Indian Ocean Islands, East African countries collaborate to enhance responsible fisheries practices

30-Jun-2017 - Countries from the Indian Ocean Islands and East Africa have come together to develop strategies to tackle illegal fishing and increase accountability in fisheries practices. For two days, representatives from the fishing industry, civil society, governments and fishing administrations from Seychelles, Mauritius, Comoros, Madagascar, Tanzania, Kenya and Mozambique, met on Mahe Island, Seychelles, to discuss the Fisheries Transparency Initiative (FiTI), a global initiative to tackle illegal fishing.

AfDB Senior Director concludes accreditation with Nigerian Government

29-Jun-2017 - The Senior Director of the African Development Bank in Nigeria, Ebrima Faal, on Wednesday, June 28 concluded his accreditation with the Nigerian Government in a ceremony presided by the Nigerian Minister of Foreign Affairs, Geoffrey Onyeama.

AfDB approves SEFA contribution for Green Mini-Grid Market Development Program to scale-up energy access in Africa

29-Jun-2017 - The African Development Bank’s Board of Directors approved a US $3-million grant of the Bank’s Sustainable Energy Fund for Africa (SEFA) for Phase 2 of the Green Mini-Grid Market Development Programme (GMG MDP). Implemented by the Bank-hosted SEforALL Africa Hub, the GMG MDP’s objective is to support the scale-up of investments in commercially viable GMG projects through a broad range of interventions to improve the enabling environment.

AfDB Convenes ECOWAS Green Investment Catalyst Round Table

29-Jun-2017 - The African Development Bank (AfDB) in conjunction with UNFCCC and West African Development Bank (BOAD) convened the ECOWAS Green Investment Round Table on 21 June 2017 at AfDB Headquarters, Abidjan, Cote d’Ivoire, aimed at catalyzing and launching a program of work initiatives that promote private sector finance and investment opportunities in the energy sector in West Africa region.  Specifically, the meeting focused on catalyzing green investments to meet objectives of the Paris Agreement and Sustainable Development Goals (SDGs).

Liberian President Sirleaf launches AfDB-funded power grid project to supply electricity to Mano River Union nations

29-Jun-2017 - President Ellen Johnson Sirleaf along with her counterparts from Cote d’Ivoire, Sierra Leone and Guinea, broke ground for the Cote d’Ivoire, Liberia, Sierra Leone and Guinea (CLSG) interconnection project, on the sideline of the high-level ECOWAS Heads of State summit in Liberia, held Sunday 4 June 2017.

Liberia to transform renewable energy sector with support from the African Development Bank and the Climate Investment Funds

27-Jun-2017 - The Climate Investment Funds (CIF) awarded Liberia a grant in the amount of US$ 23.25 million to help transform the country’s renewable energy sector. The project aims at developing a 9.8 MW hydropower plant at Gbedin Falls on the Mano River in Nimba County and provide a low-cost, sustainable and reliable source of electricity to Liberia.

African Development Bank approves 2016 African Water Facility annual report and 2017 work plan and budget

27-Jun-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved the 2016 Annual report and 2017 Work plan and budget of the African Water Facility (AWF), with particular reference to the use of an amount up to €1.925 million for the administrative budget of AWF out of the Special Water Fund for 2017 activities.

AfDB appoints Dibba-Wadda new Director of Human Capital, Youth and Skills Development

27-Jun-2017 - The African Development Bank (AfDB) has announced the appointment of Ms. Oley Lucretia Clara Dibba-Wadda as Director of Human Capital, Youth and Skills Development with effect from July 1, 2017. A citizen of the Republic of The Gambia, Ms. Dibba-Wadda is a social development executive and strategic analyst with over 20 years of leadership and management experience. She is an expert in African and international policies on education, gender equality and youth development.

AfDB President Adesina visits Ghana to strengthen cooperation

27-Jun-2017 - The President’s visit to Ghana will provide an opportunity to engage with the President of Ghana, Nana Akufo-Addo, key cabinet members and other development partners on the Bank’s partnership with the country, and visit key projects financed by the Bank. AfDB’s portfolio in Ghana as at June 2017 is composed of 22 operations with an overall commitment of UA 683.34 million (about US$ 950,319,370).

President Adesina wins 2017 World Food Prize

27-Jun-2017 - “Through his roles over the past two decades with the Rockefeller Foundation, at the Alliance for a Green Revolution in Africa (AGRA), and as Minister of Agriculture of Nigeria, Dr. Adesina has been at the forefront of galvanizing political will to transform African agriculture through initiatives to: expand agricultural production, thwart corruption in the Nigerian fertilizer industry and exponentially increase the availability of credit for smallholder farmers across the African continent.”

AfDB calls on credit providers to increase lending to meet demand by African MSMEs

27-Jun-2017 - The African Development Bank (AfDB) has called on financial markets to increase affordable loans and provide more diverse and innovative financing instruments to Africa’s micro, small and medium sized enterprises. Industrialization is one of the High 5s priority areas of the African Development Bank.

Africa Carbon Forum (ACF)

27-Jun-2017 - The African Development Bank is co-organizing, together with other members of the Nairobi Framework Partnership (NFP), the 9th African Carbon Forum (ACF) hosted by the Republic of Benin, in Cotonou from 28th – 30th June, 2017.

Sudan: AfDB Takes the ‘Desert to Power Initiative’ to Sudan

25-Jun-2017 - In a collaborative initiative, the African Development Bank (AfDB) and the Food and Agriculture Organisation (FAO) have joined efforts to operationalize the ‘Desert to Power Initiative’ in eleven countries including Sudan. In his key note remarks at the opening session on 25 July 2017 in Khartoum, Abdul Kamara, Manager of AfDB’s Sudan Country Office said that the objective of the Initiative is to transform precarious situations in the desert part of Africa into development opportunities for local communities.

AfDB briefs Donors on its new strategy for Somalia and the status of the Multi-Partner Somalia Infrastructure Fund

24-Jun-2017 - The AfDB has briefed donors on its new Country Brief for Somalia and the status of the Multi-Partner Somalia Infrastructure Fund (SIF). The briefing was chaired by Gabriel Negatu, Director General of the Bank’s Eastern Africa Regional Centre.

Zimbabwe launches Beef and Leather Value Chain Technical Assistance Project

23-Jun-2017 - The official launch of Zimbabwe’s Support to Beef and Leather Value Chain Technical Assistance Project took place on June 15th, 2017 in Harare, attracting more than 100 participants.

Senegal – Funded by the Bank, the Regional express train will revolutionize the urban mobility in Dakar

21-Jun-2017 - Facilitating travel in Senegal's most populous and productive area: that’s the objective of the Dakar Regional Express Train (TER) project. On Wednesday, 21 June 2017, the African Development Bank (AfDB) decided to support the project through a US $ 192.8 million (CFAF 120 billion) loan. This 36 km long railway line will connect the heart of the capital with the new and growing city of Diamniadio. Some 113,000 passengers are expected to borrow it every day by 2019.

AfDB to organize business opportunities seminar

20-Jun-2017 - The Resource Mobilization and Partnerships Department (FIRM) of the African Development Bank (AfDB) is hosting a Business Opportunities Seminar (BOS), on June 20-21, 2017 at the institution’s HQ in Abidjan, Côte d’Ivoire. The main purpose of the BOS is to present the business opportunities arising out of the Bank Group’s financing. Presentations are intended to provide an overview on the Bank’s policies and operations; procurement rules and procedures; and ongoing and potential country operations.

AfDB to support Mozambique SMEs in the construction sector along Nacala Corridor

20-Jun-2017 - The African Development Bank’s Board of Directors has approved a US $1-million African Private Sector Assistance Fund (FAPA) grant to the Government of Mozambique to finance the Nacala Corridor Business Linkages Technical Assistance Project. The project is in line with the Bank’s effort to promote inclusive private sector development and SME linkages with large investments. It also aims to promote corridor economic development through the integration of economic activities within infrastructure development along the Nacala corridor.

Côte d’Ivoire, la BAD remet des équipements et outils de terrain pour la gestion intégrée du Bassin versant du Gourou

20-Jun-2017 - Dans le cadre du projet de gestion intégrée du bassin versant du Gourou à Abidjan, financé par la Banque africaine de développement (BAD) à travers un don FAD d’un montant de 23 millions d’UC (environ 18 milliards), le Ministère de la construction du logement de l’assainissement et de l’urbanisme (MCLAU) de Côte d’Ivoire a organisé  le jeudi 08 juin 2017, à Abidjan, une cérémonie de remise d’équipements et d’outils de terrain.

RDC, SEFA investit 1 million de dollars EU pour faciliter l’accès à l’électricité à 10.000 familles dans la Province du Nord Kivu

19-Jun-2017 - Le Fonds des Energies Durables pour l’Afrique (SEFA), logé à la Banque Africaine de Développement (BAD), a approuvé un don de 985,500 dollars EU pour améliorer la bancabilité et atteindre le bouclage financier d’un projet intégré, comprenant la construction de deux petites centrales hydroélectriques et des réseaux de transmission et de distribution. Ce projet assurera l’accès à l’électricité à dix mille foyers dans les villes de Butembo et Beni et aux alentours, dans la Province Nord Kivu en République Démocratique du Congo.