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Ahead of 2018 Annual Meetings, African Legal Support Facility Management Board reviews its activities and achievements
09-Apr-2018 - The African Legal Support Facility’s (ALSF) Management Board held its 24th meeting at the Facility’s headquarters in Abidjan to consider key matters concerning the ALSF. These included the 2017 Financial Report and Project Implementation Report, to assess recent operational achievements, and to review the draft 2017 Annual Report.
Le premier ministre malien en visite au siège de la Banque africaine de développement
06-Apr-2018 - Le Premier ministre du Mali, Soumeylou Boubeye Maïga, a été accueilli ce vendredi 6 avril 2018 par le premier Vice-Président du Groupe de la Banque africaine de développement (BAD), Charles Boamah au siège de l’institution, à Abidjan en Côte d’Ivoire. Signant le Livre d’or de la Banque, le Premier ministre s’est félicité des bonnes relations entre la Banque et son pays.
Fund for African Private Sector Assistance approves three projects to spur SME development in Africa
06-Apr-2018 - Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of Japan and the Government of Austria – have approved three catalytic projects totaling US $2,480,000 to stimulate the growth of Africa’s small and medium enterprises. These grants will help strengthen the participation of Africa’s SMEs in financial markets and the agriculture sector.
World Health Day: Strengthened health systems and sound financing key to achieving Health for All
06-Apr-2018 - On the occasion of World Health Day, April 7, 2018, the African Development Bank calls for increased and more quality investments in Africa’s health sector to achieve universal health coverage.
ACCF Secretariat and experts meet in Abidjan on second call for proposals assessment
05-Apr-2018 - The Africa Climate Change Fund (ACCF)’s second call for proposals, which closed in August 2017, received unprecedented numbers of proposals from diverse government and non-governmental entities. Proponents of shortlisted concept notes were invited to submit full proposals, which were received in late January.African Development Bank approves a US $50-million Risk Participation Agreement for Commerzbank AG to address Africa’s trade finance market demand
05-Apr-2018 - The Board of Directors of the African Development Bank has approved a US $50-million unfunded Risk Participation Agreement for Commerzbank AG (Commerzbank). The Risk Participation will leverage Commerzbank support to African issuing banks seeking to expand their trade finance operations. The facility will help address trade finance market demand in key economic sectors such as agriculture and manufacturing. It will also foster financial sector development, regional integration and boost government revenue generation.
La Banque africaine de développement octroie 11,23 millions USD à Madagascar : énergie, agriculture et lutte contre la peste
04-Apr-2018 - Le gouvernement de Madagascar et le Groupe de la Banque africaine de développement (BAD) ont signé, le 30 mars 2018 à Antananarivo, cinq accords de financement de projets d’un montant d’environ 11,23 millions USD.
Angola’s Country Manager meets Government officials: strengthened partnership in the transport sector, regional integration and Bank portfolio
03-Apr-2018 - Partnerships have been crucial in the successful overall implementation of the African Development Bank’s (AfDB) projects in Angola. It is to give an impetus to the Bank’s cooperation with the country that, the Bank’s Country Manager, Dr. Joseph Martial Ribeiro, on 29 March 2018 in Luanda, called on the Transport Minister, Dr. Augusto Tomás.AfDB bolsters efforts to flight cholera and flooding in Accra
31-Mar-2018 - Low-income residents of the Ghanaian capital, Accra suffering from frequent cholera and flooding will soon experience some relief. The Board of Directors of the African Development Fund (ADF) on Tuesday, March 29, 2017 approved a loan of approximately US $ 49 million to the Government of Ghana to increase access to safe and sustainable sanitation and facilitate income generation support for urban and peri-urban poor residents of the Greater Accra Metropolitan Area (GAMA).
Reversing Africa’s cocoa paradox: Why Easter celebration signals a call to action
30-Mar-2018 - Around the world, chocolate in all shapes and sizes symbolize Easter and bring joy to millions of kids and adults alike. And the demand for chocolate will most likely continue to increase, according to experts. There is huge opportunity for Africa, the largest producer of cocoa in the world, to rake in economic value that the global market offers.
Visiting Swiss delegation underscores African Development Bank’s crucial role in Africa’s development
29-Mar-2018 - The tranquillity usually felt in Abidjan’s business district on the weekend was broken on the morning of Saturday, March 24, 2018 by a frenzy of activity around the headquarters of the African Development Bank. A convoy of cars and minibuses pulled up outside the Bank’s main entrance. A 50-member economic and scientific delegation made up of parliamentarians, ministry officials, managers of leading Swiss companies and heads of academic institutions, led by
The Republic of Angola and the Bank sign a loan agreement of US $101.07 million to support agricultural value chains development in Cabinda Province
29-Mar-2018 - The Government of the Republic of Angola, represented by Augusto Archer de Sousa Mangueira, Minister of Finance and Governor for the African Development Bank, and the Bank, represented by Joseph Ribeiro, Country Manager for Angola, signed on Tuesday, January 16, 2018 in Cabinda Province, a loan agreement in the amount of US $101.07 million for the Cabinda Provincial Agriculture Value Chains Development Project.
Africa’s premier investment marketplace to accelerate continent’s economic transformation
27-Mar-2018 - To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing collaborative leadership for a new 100% transactional initiative – the Africa Investment Forum (AIF) – which provides Africa’s best opportunity so far to encourage accelerated economic transformation. The African Development Bank is working with the world’s leading financial institutions to de-risk investment through the platform and make it a springboard for Africa’s...
African Development Bank hosts breakfast session on Africa Investment Forum in Abidjan
27-Mar-2018 - On the sidelines of the 2018 Africa CEO Forum, taking place in Abidjan, Côte d’Ivoire, the African Development Bank will host a special breakfast session on the Africa Investment Forum (AIF) – an initiative championed by the Bank to actively engage the private sector and to facilitate projects that have the capacity of transforming the continent.
Africa must build digital infrastructure to compete in 4th Industrial Revolution, says Adesina
26-Mar-2018 - To compete at the accelerated pace of technological innovations and the 4th Industrial Revolution, Africa has to put in more money into training its people and equipping them with the skills they need for the jobs of the future, Akinwumi Adesina, the President of the African Development Bank, has said. He also called on African countries to rethink the way they do manufacturing. Speaking at an opening panel on Tech Revolutions: Widening Gap or Leapfrog Opportunity at the 2018World Water Day Interview: Osward Mulenga Chanda, Division Manager, Water Development and Sanitation Department
23-Mar-2018 - In this interview, Osward Mulenga Chanda, Division Manager, Water Development and Sanitation Department, African Development Bank, raises the issue of access to financing for water, which he says is not the only aspect to be taken into account for the development of the sector.