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G5 Sahel Heads of State throw their weight behind African Development Bank's Desert to Power initiative
16-Sep-2019 - G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical meeting attended by the region’s energy ministers, and development partners including the World Bank, Agence Française de Développement, Masen (Moroccan Solar Energy Agency), and regional institutions such as the West African Economic and Monetary...
The future of development banks discussed as senior officials meet at 20th annual meeting
13-Sep-2019 - Senior officials from the world’s leading financial institutions have wrapped up their 20th annual meeting in Abidjan at the headquarters of the African Development Bank. The corporate secretaries of international financial institutions (IFIs) met from 11 to 13 September 2019. The gathering coincides with a renewed push for Africa’s development agenda. The host institution, the African Development Bank, is in the process of lobbying for a general capital increase from shareholders to accelerate growth in the continent.
Innovative thinking marks African Development Bank’s Africa jobs manifesto
13-Sep-2019 - Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye Auditorium at the Bank’s headquarters, attended by senior management, diplomats, staff, and media representatives.Le Document de stratégie d’intégration régionale de l’Afrique centrale 2019-2025 sera présenté à Yaoundé le 16 septembre prochain
13-Sep-2019 - Le ministre de l’Économie, de la planification et de l’administration du territoire, également gouverneur de la Banque africaine de développement pour le Cameroun, Alamine Ousmane Mey, procèdera, lundi 16 septembre, à l’ouverture de l’atelier de restitution du Document de stratégie d’intégration régionale de l’Afrique centrale pour la période 2019-2025 (DSIR), à Yaoundé, au Cameroun.African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022
13-Sep-2019 - The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year.
G5 Sahel Summit: African Development Bank, partners, commit to light up and power the Sahel with the Desert to Power initiative
13-Sep-2019 - Dr. Akinwumi Adesina, president of the African Development Bank, has arrived in Ouagadougou, capital of Burkina Faso, ahead of the G5 Sahel Summit, and was received by Burkina Faso’s president, Mark Roch Christian Kaboré. The Burkinabe president applauded the Bank’s Desert to Power initiative, and also highlighted his country’s excellent relationship with the Bank, expressing his thanks for the portfolio of projects implemented. The Bank president is an invited guest at the G5 Sahel Summit of heads of state and government on 13 September.
Three Questions to Wale Shonibare, Acting VP, Power, Energy, Climate & Green Growth
12-Sep-2019 - What is the Desert to Power Initiative? Desert to Power is an ambitious and innovative partnership-driven initiative of the African Development Bank to transform the Sahel and Sahara region through the deployment of solar technologies, at scale, in eleven countries: Burkina Faso, Chad, Djibouti, Ethiopia, Eritrea, Mali, Mauritania, Niger, Nigeria, Senegal, and Sudan.
« Desert to power », un puissant levier pour réaliser les « High 5 » !
12-Sep-2019 - Principaux outils de transformation économique en Afrique, les cinq grandes priorités stratégiques, « High 5 », lancées en 2016 par la Banque africaine de développement, ont déjà produit des résultats significatifs cette année. L’initiative « Desert to power », présentée officiellement ce vendredi 13 septembre à Ouagadougou, au Burkina Faso, marquera une étape majeure.
International Financial Institutions: Corporate Secretaries to meet in Abidjan 11-13 Sept
11-Sep-2019 - The Corporate Secretaries of International Financial Institutions (IFIs) will hold their 20th annual meeting from 11 to 13 September 2019 at the headquarters of the African Development Bank in Abidjan. The Abidjan deliberations will seek to build on the achievements of the group’s meeting in Bali, Indonesia, a year ago. Members will address the effectiveness of the IFIs governing Board, broadening the role of Board committees, supporting board committees, and strengthening relationships between the Board and management.
5 takeaways from the 2018 Africa Investment Forum: A bold vision to tilt capital flows towards Africa’s critical sectors
11-Sep-2019 - “We want investments in Africa to land on a smooth investment runway. No bumps,” – Akinwumi A. Adesina, President, African Development Bank, at the 2018 Africa Investment Forum. When Adesina laid out his vision to “tilt the flow” of capital towards Africa’s critical sectors through the Africa Investment Forum, the notion of convening a purely transaction-based forum, seemed more of an aspiration than a reality.
Zambia: African Development Bank, UN Nutrition Network will lead nutrition commitments
09-Sep-2019 - The African Development Bank country office in Zambia and the UN Nutrition Network have agreed to lead multi-agency commitments aimed at effective implementation of the country’s national food and nutrition agenda. The two agencies reached the agreement on 5 September 2019 when Bank country manager for Zambia, Mary Monyau, hosted the global coordinator and director of the UN Nutrition Network, Purnima Kashyap. Both recognized the role of good nutrition as the basis for sustainable human development.African Development Bank to launch report: Creating decent jobs: strategies, policies and instruments
09-Sep-2019 - What: Launch of the ‘Creating decent jobs: strategies, policies and instruments report When: 12 September 2019 Who: African Development Bank, Macroeconomics Policy, Forecasting and Research Department Location: Babacar N’Diaye Auditorium, African Development Bank Group Head Office, Abidjan Cote d’Ivoire Time: 11.30 am to 13.00 pm
Bank welcomes financial institutions to Abidjan for meeting to strengthen relationships
09-Sep-2019 - The corporate secretaries of international financial institutions (IFIs) will hold their 20th annual meeting from 11 to 13 September 2019 at the headquarters of the African Development Bank in Abidjan. The Abidjan deliberations will seek to build on the achievements of the group’s meeting in Bali, Indonesia, a year ago. Members will address the effectiveness of the governing Board, broadening the role of board committees, supporting board committees, and strengthening relationships between the board and management.African Development Bank wins prestigious procurement award
09-Sep-2019 - The African Development Bank has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management professionals, with offices all over the world including Africa.
Pretoria, South Africa: Bank raises awareness of rules on integrity and anti-corruption in two-day session
09-Sep-2019 - The African Development Bank’s Office of Integrity and Anti-corruption (PIAC) held a two-day session on 12-13 August 2019 with staff, consultants and contractors to raise awareness on the Bank’s rules and regulations regarding integrity and anti-corruption. The first day brought together staff and consultants based in the Southern Africa regional office in Pretoria and country offices, while the second day was designed for consultants and contractors working with the Bank.
African Development Bank, African Fertilizer and Agribusiness Partnership sign $5.4 million agreements to foster fertilizer market in Nigeria and Tanzania
06-Sep-2019 - The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania, potentially benefitting hundreds of thousands of smallholder farmers. The organizations held a signing ceremony at the African Green Revolution Forum in Accra, Ghana on 5 September 2019.
“Prospects for Africa” great as new spaces open up for Tunisia’s youth in industry
06-Sep-2019 - Smartly dressed Maroua Khemiri is ready to start a busy day. The young engineer has secured a contract with Eleonetech in Tunisia, an electro-mechanical firm that specialises in producing cables and electronic assembly. Having risen through the ranks to become the first female project manager at the electro-mechanical firm, Khemiri’s achievement as a female engineer in this part of North Africa is rare, especially in the industrial sector.
African Green Revolution Forum 2019: African Development Bank, partners relaunch agriculture platform
06-Sep-2019 - First Row: Martin Fregene, Director of Agriculture & Agro-industry, African Development Bank, Hon. Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture of Ghana, Hon. Noel Koutera Bataka, Minister of Agriculture, Animal and Fish Production of Togo and the rest of the Forum’s participants.