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La Banque africaine de développement et le gouvernement de Madagascar signent des accords de financement de 36,5 millions d’euros pour le renforcement des réseaux de transport d’électricité

18-Nov-2021 - Le Groupe de la Banque africaine de développement et le gouvernement de Madagascar ont signé, le 15 novembre dernier, des accords de financement de 36,48 millions d’euros pour la mise en œuvre de la seconde phase du Projet de renforcement et d’interconnexion des réseaux de transport d’énergie électrique à Madagascar.

Regional Civil Society Forum 2021 – Southern Africa

18-Nov-2021 - What:     Southern Africa Civil Society Regional Forum Who:      The African Development Bank’s Civil Society and Community Engagement Division When:    24 November 2021; 9.00 -13.00 GMT +2 Where:   Virtual The African Development Bank’s Civil Society and Community Engagement Division will host a virtual forum with civil society representatives based in Southern Africa to discuss how to build resilient economies following the Covid-19 pandemic.

At Fertilizer Financing Forum, participants call for closer stakeholder collaboration and innovative tools to get fertilizers to farmers

18-Nov-2021 - Over 400 participants from government, development finance institutions, the fertilizer industry, the banking sector and civil society joined the inaugural East and Southern Africa Fertilizer Financing Forum to emphasize the importance of affordable finance to facilitate access to inputs for thriving agricultural development.

Wanted: A champion to rally support for billion-dollar potential of Local Green Banks/ Funds in Africa

18-Nov-2021 - Over the past few years, Green Banks have financed low-carbon projects worth billions of dollars, using blended financing, leveraging multiple private dollars per public dollar of financing. To date, the Green Bank Network, launched at COP21 in 2015, has leveraged $24 billion in public capital to finance more than $70 billion of projects mostly in the renewable energy sector.

Webinar on the Blue Economy

17-Nov-2021 - What:         Webinar on the Blue Economy Who:          African Natural Resource Center of the African Development Bank and Sustainable Energy Fund for Africa When:       23 November 2021; 11:00 – 12:30 GMT Where:      Virtual  

At IATF, multilateral financiers discuss trade initiatives after Covid-19

17-Nov-2021 - Multilateral financial institutions on Tuesday discussed their role in promoting trade under the African Continental Free Trade Area (AfCFTA), an ambitious plan to create the world’s largest free trade zone since the founding of the World Trade Organization. The conversation took place during a panel discussion at the Intra-African Trade Fair, launched in 2018 to give the AfCFTA, which came into effect this year, impetus.

Let’s push the African Continental Free Trade Area as a sure-fire way to a golden “made in Africa” label, leaders say at Intra-African Trade Fair

17-Nov-2021 - That history repeats itself need not be a bad thing in Africa, South African President Cyril Ramaphosa stressed during the opening ceremony of the second Intra-African Trade Fair in Durban, South Africa. Speaking on Monday, the president recalled that for centuries in pre-colonial times, Africa was a thriving trade hub. Now the continent is “taking concrete steps to write its own economic success story.”

African Development Bank’s Coding for Employment program set to expand digital skills among rural youth

17-Nov-2021 - The African Development Bank’s Coding for Employment program will train over 500 digital ambassadors to lead a peer-to-peer training model set to expand digital skills to more African youth, especially in rural communities with limited internet connectivity.

Afrique du Nord : la Banque africaine de développement et les organisations de la société civile main dans la main pour accélérer l’intégration régionale et promouvoir la relance

17-Nov-2021 - « Co-pilote du développement, la société civile a une véritable carte à jouer pour impulser une nouvelle dynamique d’intégration régionale, soutenir la relance et réussir l’après-crise, au bénéfice des populations ». C’est en ces termes que les représentants des organisations de la société civile sont intervenus, ce jour, en visioconférence, lors du premier forum régional de la société civile pour l’Afrique du Nord.

Tanzania: African Development Bank highlights infrastructure and business climate in Country Strategy Paper

16-Nov-2021 - Improving Tanzania’s infrastructure and business climate: these are the African Development Bank's priority intervention areas in its Country Strategy Paper 2021-2025 (CSP 2021-2025) published by the Bank on 8 November. Implementing this plan is expected to bolster the East African economy's competitiveness and develop its human capital.

Afrique centrale : lancement du rapport « Perspectives économiques en Afrique centrale 2021 »

16-Nov-2021 - Quoi ?            Lancement du rapport « Perspectives économiques en Afrique centrale 2021 » Qui ?              Bureau de la Banque africaine de développement pour l’Afrique centrale Quand ?         Mercredi 17 novembre 2021 (9h GMT ou 10h heure d’Afrique Centrale) Où ?               Visioconférence via le service Zoom  

République du Congo : 50% des objectifs du Document de stratégie-pays 2018-2022 de la Banque africaine de développement atteints à mi-parcours

16-Nov-2021 - Les objectifs du Document de stratégie-pays (DSP 2018-2022) du Groupe de la Banque africaine de développement au Congo pour la période 2018-2022, ont été atteints à 50%, souligne la revue à mi-parcours, publiée le 10 novembre par l’institution.

Mozambique: African Development Bank ups financial contribution for local content and job creation in Mozambique to $2.5 million

16-Nov-2021 - The African Development Bank Group has approved a grant of $1.5 million to Mozambique to boost the development of local content. The grant is earmarked for Small and Medium-sized Enterprises ( SME)  targeting local content and women-owned business in the natural resources sector of the nation.

Ghana: African Development Fund extends $40 million grant to establish The Development Bank Ghana

13-Nov-2021 - The Board of Directors of the African Development Bank Group on Friday approved a grant of $40 million from the African Development Fund to the Republic of Ghana to further capitalise The Development Bank Ghana (DBG), a newly established development finance institution in Ghana. The Development Bank Ghana is designed to provide financing to micro, small and medium sized enterprises as well as small corporates in agribusiness, manufacturing and information and communication technology (ICT).

African Economic Conference — Financing Africa's post-Covid-19 development

12-Nov-2021 - What:      African Economic Conference 2021 Who:       United Nations Development Program, African Development Bank, and  Economic Commission for Africa When:      2 to 4 December 2021 Where:     Cabo Verde and online   

African Development Bank President calls for development revitalization

12-Nov-2021 - African Development Bank President Dr Akinwumi A. Adesina has called on the developed countries of the world to honor their financial commitments to developing countries as developing nations struggle to battle against climate change and the impact of the Covid-19 pandemic. He said Covid had drawn millions, particularly in Africa, into poverty.

African Development Bank approves $150 million to support ETC Group’s trade and agriculture value-chain development in Africa

12-Nov-2021 - The Board of Directors of the African Development Bank Group has approved a $150 million facility to ETC Group Limited to address the company’s working capital requirements and support its food production expansion plans across 10 countries in Africa, in a boost for smallholder farmers.

COP26: ‘Let’s do it!’ African Development Bank President Adesina urges partners to support the Desert to Power Initiative

12-Nov-2021 - African Development Bank President Akinwumi A. Adesina used the global stage of COP26 to rally support for the flagship Desert to Power project, which aims to provide solar electricity to 250 million people across 11 Sahel countries. The project recently received $150 million in concessional resources from the Green Climate Fund and a $20 million grant from Sweden.

African Financial Alliance on Climate Change (AFAC) launches report on the state of climate risk regulation in Africa’s financial industry at COP26

12-Nov-2021 - Getting Africa’s financial sector ready to cope with climate risk is vital for a smooth transition to net-zero emissions and resilience, according to a new report published by three global institutions. The report was launched on Wednesday, 10 November, by the African Financial Alliance on Climate Change (AFAC) at the COP26 climate conference.

COP 26: Low-income countries in fragile situations falling further behind in climate funding, urgent action needed to reverse this trend, African Development Bank and ICRC say at climate conference

12-Nov-2021 - Countries hit by conflict cannot continue to be overlooked by climate action and finance, the International Committee of the Red Cross (ICRC) and the African Development Bank have warned. At a high-level event on the sidelines of COP26  on Thursday, governments and partners from development, civil society and humanitarian fields joined the African Development Bank and ICRC to call for greater recognition of the increased vulnerability faced by communities affected by conflict.