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2022 Africa Climate Week: Experts discuss Africa’s needs and priorities ahead of COP27
31-Aug-2022 - Amid a call for urgent action to safeguard the continent from climate change, Gabon’s President Ali Bongo Ondimba opened the 2022 Africa Climate Week by highlighting his country’s efforts to boost climate action and calling for continuous collective efforts. “For more than ten years, we have intensified our efforts to protect our remarkable forestry heritage and build a low-carbon economy,” Ondimba said. “Consequently, Gabon, which has already achieved the objectives set by the Paris Agreement, is considered the most carbon-positive country in...
Africa Adaptation Dialogue: implementing the vision
29-Aug-2022 - What: Africa Adaptation Dialogue: implementing the vision When: 31 August 09:30 - 10:30 CAT Where: Libreville, Gabon Who: Global Center on Adaptation; Africa Adaptation Initiative (Chaired by Gabon); African Development Bank
Africa received record private investment in infrastructure in 2020, African Development Bank VP tells TICAD panel
29-Aug-2022 - Africa received its highest proportion of private sector investment in infrastructure in 2020, sending an important signal to governments and investors.
Japan and the African Development Bank announce up to $5 billion in support for Africa’s private sector
28-Aug-2022 - The government of Japan and the African Development Bank have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025. The announcement was made at the Eighth Tokyo International Conference on African Development (TICAD8) held Sunday 28 August 2022 in the Tunisian capital, Tunis.
Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina
28-Aug-2022 - Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their strong support to Africa’s development. He told Japanese businesses to assess Africa’s investment opportunities based on facts and evidence, and not on perceptions.
Abe’s legacy in Africa under scrutiny at development summit
26-Aug-2022 - Original story: https://www.ft.com/content/456479eb-6c03-4e1f-b051-934f0f9b5378 On the day of Shinzo Abe’s assassination in early July, Akinwumi Adesina, the president of African Development Bank, mourned the death of Japan’s longest-serving prime minister by calling him “a great friend of Africa”.
Nigeria: Stakeholders endorse African Development Bank country strategy, urge greater engagement with Diaspora
26-Aug-2022 - Representatives of Nigeria’s Diaspora, national networks, and youth and women groups have hailed the African Development Bank for supporting transformational projects in the country and across Africa. The African Development Bank forum, which took place in early August, is part of the institution’s ongoing mid-term review of its country strategy for Nigeria. Over two days, more than 200 participants received updates on the bank’s work in Nigeria. They discussed projects in agriculture, on the digital economy, the creative industry, trade and...
Burundi: RASME Computer Tool Enables Remote Monitoring and Evaluation of African Development Bank Projects
25-Aug-2022 - From 7 to 10 June 2022, the African Development Bank organized a training in Bujumbura, Burundi on the use of an IT solution for the preparation, supervision, monitoring and evaluation of remote projects. RASME (Remote Appraisal, Supervision, Monitoring and Evaluation) uses new information and communication technologies to optimize the collection, analysis and management of data for the preparation, evaluation and supervision of Bank projects.
Chad: African Development Bank extends training to government staff, advancing Desert to Power initiative
25-Aug-2022 - The African Development Bank has provided a financial modeling training to staff of the government of Chad, helping prepare the national utility as part of Desert to Power interventions in the country. Desert to Power is a flagship programme of the African Development Bank: it aims to light up and power the Sahel region by adding 10 GW of solar generation capacity, providing electricity to around 250 million people in 11 Sahelian countries.
The 8th Tokyo International Conference on African Development to shore up Japanese-Africa economic cooperation
25-Aug-2022 - The African Development Bank Group will play a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD) taking place in the Tunisian capital, Tunis, this year as Japan—a long-time development partner of Africa—continues to lend its economic weight to the continent’s progress. Running from 27 to 28 August, TICAD8 will bring together delegates from across the continent, including the African Development Bank Group.
Zimbabwe: Senior African Development Bank officials highlight private sector development, renewable energy opportunities
24-Aug-2022 - Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe. The bank’s vice president for power, energy, climate and green growth, Dr Kevin Kariuki, and its vice president for private sector, infrastructure and industrialization, Mr. Solomon Quaynor, both met with senior Zimbabwean government officials and business leaders in Harare last week. Discussions covered developing the private sector and ways Zimbabwe could best tap its renewable energy resources.
Nigeria: African Development Bank President named among winners of 2021 Global Brand Award
23-Aug-2022 - African Development Bank Group President Dr. Akinwumi Adesina has been awarded Nigeria Global Brand Award of the Year 2021 by Blueprint Newspapers, a national daily print and newspaper in Nigeria. The award is in recognition for what the newspaper describes as Dr Adesina’s pragmatic and purposeful leadership. Ms. Amina. J. Mohammed, United Nations Deputy Secretary General and Dr. Ngozi Okonjo-Iweala, Director General of the World Trade Organization are also award recipients.
TICAD8 Official Side Event: Private Sector Infrastructure Development Opportunities in Africa
23-Aug-2022 - Date: August 24th Time: 17:00-18:30(JST), 9 :00-10 :30(TUN) Co-organizers: African Development Bank and Japan International Cooperation Agency Supporter: European Bank for Reconstruction and Development and International Finance Corporation Venue: Online Languages: English /French/ Japanese
African Development Bank optimistic about economic prospects for southern Africa region
23-Aug-2022 - The Southern Africa region’s investment opportunities and prospects for economic growth are encouraging despite recent headwinds of a global pandemic and food crisis, the African Development Bank’s Senior Vice President Swazi Tshabalala has said. Tshabalala attended the 42nd Ordinary Summit of Heads of State and Government of the Southern African Development Community (SADC) which closed in the Democratic Republic of Congo’s capital, Kinshasa last week.
Eighth Tokyo International Conference on African Development Side Event: Re-imagining Resilient and Sustainable Universal Health Coverage in Africa
23-Aug-2022 - What: Webinar on re-imagining resilient and sustainable Universal Health Coverage (UHC) in Africa, on the side-lines of the Eighth Tokyo International Conference on African Development (TICAD8) Who: African Development Bank, World Bank, WHO, UNICEF and the Japan International Cooperation Agency Where: Online - https://ticad8event.jica.go.jp/en/event/detail_16.html When: 25 August 2022; 10:30–12:00 GMT (19:30–21:00 (JST)
Burkina Faso: More than 30,000 new electricity connections in Ouagadougou and Bobo-Dioulasso established through an African Development Fund project
23-Aug-2022 - The African Development Bank- supported Burkina Faso Electrification Project for Semi-Urban Areas of Ouagadougou and Bobo-Dioulasso, under implementation since 2017, has resulted in 32,449 new connections to the country's electric power network.
Josué Komla Guenou: From small-town farmer to big-time agripreneur
19-Aug-2022 - Today, 41-year-old Josué Komla Guenou is a successful full-time agricultural entrepreneur, proud to walk through the rows of his corn plants, which are already a head taller than him. The buds of corn will soon appear, bearing a promising new harvest. His fields are now several hectares in size, bordering the Nationale 1 road which crosses Togo from north to south. Josué lives in the verdant plateau region near Notsé, just under 100 km from the capital city, Lomé.
Africa Climate Week
18-Aug-2022 - What: African Development Bank at 2022 Africa Climate Week Who: UN Climate Change and the Government of Gabon in collaboration with UN Development Programme, UN Environment Programme, the World Bank Group, the Africa Union, the African Development Bank, the UN Economic Commission for Africa and the United Nations in Gabon. When: 29 August – 2 September 2022 Where: Radisson Blu Okoumé Palace Hotel, Libreville, Gabon; online
Save the Date: African Development Fund replenishment meeting
18-Aug-2022 - What: African Development Fund replenishment meeting Who: Donor country representatives, African Development Bank Group senior management When: 15–17 September 2022 Where: Dakar, Senegal / online and in-person