All News

Displaying 1 - 20 of 11158

African Development Bank Group 2024 Annual Meetings: African nations urged to enhance private sector financing for tertiary education

28-May-2024 - Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education and equip the continent’s youth with competitive skills. During a panel discussion at the Bank’s 2024 Annual Meetings in Nairobi, the experts stressed the importance of political commitment to guarantee returns on private sector investments in education.

African Development Bank Group Annual Meetings 2024: Climate Action Window launches second call for mitigation project proposals in 37 low-income African countries

28-May-2024 - The African Development Fund has launched the second call for proposals through its  Climate Action Window (CAW) on the sidelines of the 59th Annual Meetings of the Board of Governors of the African Development Bank Group currently underway in Nairobi.

2024 Annual Meetings: African Development Bank President outlines gains of historic 2023 Dakar 2 Summit

28-May-2024 - Since the Dakar 2 Summit, six African countries have set up Presidential-level Councils to drive implementation of the Country Food and Agriculture Delivery Compacts agreed at the summit, while another twelve countries are at various stages of establishing their councils.

2024 Annual Meetings: Africa’s Voice Needs To Be Heard, Says African Development Bank President

28-May-2024 - African Development Bank President Dr Akinwumi Adesina says the world is changing and Africa needs to be at the table. Adesina told more than 150 journalists covering the Bank’s Annual Meetings in Nairobi that the Global South is becoming much more important and that as a result the global financial architecture needs to change:

Burkina Faso: African Development Bank funds two major projects to support agricultural value chains

28-May-2024 - Burkina Faso and the African Development Bank launched the Burkina Faso component of Project 2 of the Food and Nutrition Insecurity Resilience Programme in the Sahel (P2-P2RS) and the Integrated Maize, Soybean, Poultry and Fish Chain Development and Resilience Building Project (PIMSAR) simultaneously in Ouagadougou on 21 May 2024.

African Development Bank Annual Meetings side event: Africa and the G20 Brazilian Presidency

27-May-2024 - What:          African Development Bank Annual Meetings side event: Africa and the G20 Brazilian Presidency Who:           The African Development Bank, Brazilian Foreign Ministry, Inter-American Development Bank When:         Thursday 30 May 2024; 3.30 PM - 4.30 PM East Africa Time (GMT+3) Where:        Lenana Room, Kenyatta International Conference Center (KICC), Nairobi

African Development Bank Joins Climate Action Africa Forum (CAAF24) Deal Room

27-May-2024 - What:       Climate Action Africa Forum (CAAF24) Deal Room Who:        African Development Bank with Climate Action Africa (CAA) When:      19-20 June 2024 Where:     Landmark Event Centre, Lagos, Nigeria  

African Development Bank Annual Meetings 2024: African Development Bank Secretary General joins South African leaders to highlight investment opportunities of enlarging BRICS alliance

27-May-2024 - The BRICS Alliance, together with the new member additions, provides immense trade and investment opportunities for the African continent, Prof. Vincent O. Nmehielle, Secretary General of the African Development Bank Group, said at an event on the sidelines of the African Development Bank’s 2024 Annual Meetings in Nairobi on Monday 27 May." These countries are emerging economies with a growing middle class and a substantial consumer market; expanding into these markets will lead to growth opportunities for the continent,"  Nmehielle said.

Daily school meals for children across Africa crucial to Africa’s future, Rockefeller Foundation side event at African Development Bank annual meeting told

27-May-2024 - African countries could scale up the provision of free school meals despite other economic challenges to combat the incalculable and harmful consequences of millions of children going to school across Africa every day with hungry bellies, participants in a key side event at the African Development Bank’s annual meetings in Nairobi heard Monday. The official theme of the side event was “Creating Fiscal Space for School Meals: Towards Agenda 2063, SDGs and Human Capital Development”.

African Development Bank Annual Meetings 2024: AfDB, UN Women strengthen collaboration to advance women’s economic empowerment

27-May-2024 - A day ahead of the African Development Bank Group’s Annual Meetings, the institution teamed up with UN Women to host a side event showcasing both organizations’ achievements to drive women’s economic empowerment across Africa. The side event was held Sunday 26 May under the theme, The Future of Finance and Women’s Economic Empowerment. It drew leaders and representatives from the public and private sector, civil society organizations and financial institutions.

The African Development Bank approves its new strategy to boost the Kingdom's socio-economic progress

27-May-2024 - The Board of Directors of the African Development Bank Group has approved Morocco's Country Strategy Paper (CSP) for the period 2024-2029. This roadmap will serve the priorities of the Kingdom's new development model to 2035, helping to strengthen the competitiveness and resilience of the Moroccan economy, support strong, sustainable growth, and consolidate the dynamics of economic and social inclusion.

Annual Meetings offer platform for innovative ideas on global financial reform and provision of resources to develop Africa 

27-May-2024 - The African Development Bank’s 2024 Annual Meetings start on Monday in Nairobi, and offer a unique opportunity to collectively promote innovative ideas for reforming the global financial architecture.  The shareholders of the Bank, Africa's premier development finance institution, are encouraged to exchange views with a broad range of public and private sector leaders to reach a consensus on the reform needed to raise more finance to help transform the continent.  

African Development Bank 2024 Annual Meetings side event: Post Dakar 2: Achieving Food Sovereignty and Resilience

26-May-2024 - What:          African Development Bank 2024 Annual Meetings side event: Post Dakar 2: Achieving Food Sovereignty and Resilience Who:           The African Development Bank, African Government representatives, development partners and private sector investors When:         Monday, 27 May 2024; 5.30 PM - 7.00 PM East Africa Time (GMT+3) Where:       Aberdare Room, Kenyatta International Conference Center (KICC), Nairobi  

African leaders to discuss Africa's transformation at African Development Bank Group Annual Meetings

25-May-2024 - What:      Presidential Dialogue at the African Development Bank Group Annual Meetings Who:      African heads of state and government, African Development Bank President Akinwumi Adesina, and Islamic Development Bank President Dr Muhammad Al Jasser. When:    Wednesday, 29 May 2024; 11:00-13:00 Eastern African Time (GMT +3) Where:   Tsavo Hall, Kenyatta International Convention Centre, Nairobi

African ministers and global experts to explore strategies to revalue and unlock Africa’s rich natural capital at African Development Bank’s Annual Meetings

25-May-2024 - What:       Thematic Knowledge Event 2: “Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa” Who:        African Ministers of Finance, Executive Director of International Energy Agency Dr Fatih Birol, African Development Bank Group President Akinwumi Adesina, and global experts When:     Friday, 31 May 2024; 9:00-10:30 Eastern African Time (GMT +3) Where:    Tsavo Hall, Kenyatta International Convention Centre, Nairobi

Securing Water Futures: Climate-proofing Uganda’s Urban Water Systems

25-May-2024 - Uganda is renowned for its lush landscapes and abundant water sources, but climate change is creating a severe threat to urban water systems. Increasingly, the impact of variable rainfall patterns is evident in extreme hydrological events – floods and droughts. Coupled with surging urban populations, these extreme events are stressing water supply and sanitation infrastructure, leading to frequent service interruptions and heightened vulnerability to waterborne diseases.

African Development Bank meets to chart a better future for the continent with reform of global financial architecture

25-May-2024 - The African Development Bank Group’s upcoming Annual Meetings in Nairobi are a golden opportunity to showcase the Bank’s successes as a catalyst for Africa’s transformation. Over five days the Bank’s management and governors will meet to exchange ideas and forge new relationships with a range of government and private sector partners on the road to creating a more inclusive, sustainable, and resilient Africa.

Annual Meetings 2024: African Development Bank to convene meeting of Heads of Regional and Continental Institutions

24-May-2024 - What:          Third Meeting of Heads of Regional and Continental Institutions to strengthen collaboration for mobilizing capital for regional investments and deeper integration. Who:           The African Development Bank, the African Union Commission, African Continental Free Trade Area (AFCFTA) Secretariat, regional economic communities (RECs), Afreximbank, Africa50, selected regional development banks, and other partners. When:        Thursday, 30 May 2024; 07.30 - 09.00 EAT (GMT+3)

Zimbabwe country office participates in 2024 Zimbabwe international trade fair – A success story

24-May-2024 - From 23-27 April 2024, the Zimbabwe Country Office (COZW) successfully participated in the 2024 chapter of the Zimbabwe International Trade Fair (ZITF) held in Bulawayo, Zimbabwe’s second largest city. Officially opened by Dr William Ruto, President of Kenya, the ZITF was a priceless opportunity for the Bank to exhibit its products and services and demonstrate its commitment to working closely with Zimbabwe’s private sector.

Niger: private sector asks African Development Bank for massive investments to boost country’s economy

24-May-2024 - The private sector in Niger, the vast West African Sahelian country that has faced a years-long security crisis, is calling on the African Development Bank Group to invest massively in the country to further boost Africa’s highest-performing economy in 2024.