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Ghana: African Development Bank Group-financed road interchange opens, trade and incomes expected up

12-Jul-2021 - A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well as with its neighbors.

Bénin : la Banque africaine de développement renforce les capacités des unités de gestion de projets sur la sauvegarde environnementale et sociale

09-Jul-2021 - Le Département de la conformité et des sauvegardes environnementale et sociale de la Banque africaine de développement, en collaboration avec le Bureau de représentation de la Banque au Bénin et la Caisse autonome d’amortissement (CAA), a organisé, du 29 juin au 1er juillet derniers, un atelier de renforcement des capacités des membres des unités de gestion de projets (UGP) sur la mise en œuvre et le suivi des instruments de sauvegarde environnementale et sociale.

G5 Sahel : la Banque africaine de développement et le HCR appuient le plan de riposte sanitaire du Tchad contre la pandémie de Covid-19

09-Jul-2021 - La Banque africaine de développement et le Haut-commissariat des Nations unies pour les réfugiés (HCR) au Tchad ont remis, le 30 juin dernier, au gouvernement tchadien des équipements médicaux et du matériel de protection destinés aux structures impliquées dans la lutte contre la pandémie de Covid-19.

First Hydromet Gap Report calls for scaled-up investments in weather forecasts and early warning systems

09-Jul-2021 - An estimated 23,000 lives per year could be saved and up to $2 billion in economic losses averted by improving weather forecasts, early warning systems, and climate information in low- and middle-income countries, according to a new report issued by the Alliance for Hydromet Development.

Sudan: African Development Fund $8.56 million grant to boost resilience to climate shocks boosts, disaster risk management

09-Jul-2021 - The Board of Directors of the African Development Bank Group has approved a grant of $8.56 million from the   African Development Fund to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Sudan. The project will enhance the nation’s resilience and response to climate shocks by improving the management of climate disaster risks. The five-year (2022 to 2026) project, to be implemented at a total cost of $13.02 million, includes contributions from the Government of Sudan as well as in-kind contribution from the African Risk...

African Development Bank Group’s $6 million grant kicks off Desert-to-Power West Africa Regional Energy Program

09-Jul-2021 - The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regional Energy Program. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by harnessing the region’s abundant solar potential.

G5 Sahel : bilan intermédiaire du soutien tripartite à la riposte de la Mauritanie face à la pandémie de Covid-19

09-Jul-2021 - Jalel El Faleh de la Banque africaine de développement, Maria Stavropoulou de l’Agence des Nations unies pour les réfugiés en Mauritanie (UNHCR), et Kouldjim Guidio pour le G5 Sahel, se sont réunis, ce jeudi 8 juillet, pour évaluer l’engagement des trois partenaires à renforcer les capacités des pays du Sahel dans leur réponse sanitaire et socio-économique à la pandémie de Covid-19.

2021 Conference on Land Policy in Africa (CLPA 2021)

08-Jul-2021 - What: 2021 Conference on Land Policy in Africa Who: African Land Policy Centre (ALPC), When: 1- 4 November 2021; at 10:00 GMT+2 Where:  Kigali, Rwanda and virtual

African Development Bank scoping study identifies opportunities for private sector participation in Africa’s climate agenda

08-Jul-2021 - A recently published African Development Bank scoping study on implementing NDCs in Africa recommends that development financial institutions and other investors focus on high-impact, high-growth potential start-ups that can drive climate-related innovation. The study, NDC implementation in Africa through green investments by private sector - A Scoping Study, was produced in partnership with the Fund for African Private Sector Assistance and launched during a virtual African Development Bank webinar held on 1 July 2021. 

African Development Fund extends $83.6 million in grants to boost Ethiopia-Djibouti electricity trade

08-Jul-2021 - The Board of Directors of the African Development Bank Group has approved two grants worth $83.6 million to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region. The funds comprise a $69.65 million grant to Ethiopia and a second grant of $13.93 million to Djibouti, both sourced from the African Development Fund, the African Development Bank’s concessional financing window.

The Africa Long-Term Finance Initiative launches its website

08-Jul-2021 -   What:      Webinar Launch Who:       The African Development Bank,  Making Finance Work for Africa (MFW4A) Partnership, Financial Sector Deepening (FSD) Africa  & German Development Cooperation (BMZ/GIZ) When:      8 July 2021 at 12.00 GMT Where:    Virtual  

African Development Bank to support creation of agricultural value chains in Côte d'Ivoire – President Adesina

07-Jul-2021 - The African Development Bank will support Côte d'Ivoire in creating agricultural value chains to create more jobs and make economic growth more inclusive, the bank’s president, Dr. Akinwumi A. Adesina, said on Tuesday during a meeting with Ivorian Prime Minister Patrick Achi. "The African Development Bank will support the Ivorian government in the creation of agricultural value chains in banana, mango, palm oil, cashew, coffee and cocoa products ... There will be investments to transform rural areas into areas of wealth" for the people,...

Guinée : la Banque africaine de développement évalue à mi-parcours sa stratégie et la performance de son portefeuille (2018-2022)

07-Jul-2021 - Les Conseils d’administration du Groupe de la Banque africaine de développement ont examiné, mardi à Abidjan, le rapport de la revue à mi-parcours du Document de stratégie-pays 2018-2022 combinée avec la revue de la performance du portefeuille en Guinée.

Nigeria: African Development Bank bolsters women-empowered businesses with $50 million loan to FCMB bank

07-Jul-2021 - The Board of Directors of the African Development Bank has approved a loan of $50 million to Nigeria’s First City Monument Bank (FCMB) to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare and renewable energy sectors.   Thirty percent of the funds, which are intended to mitigate effects of the challenging Covid-19 environment, are earmarked for underserved women-empowered businesses.

Appointment announcement Country Manager, Designated for Mozambique Country Office Mr. Cesar Augusto Mba Abogo

07-Jul-2021 - The African Development Bank Group is pleased to announce the appointment of Mr. Cesar Augusto Mba Abogo as Country Manager, designated for Mozambique Country Office, effective 16 August 2021. Mr. Cesar Augusto Mba Abogo, a citizen of Equatorial Guinea, is an Economist and a writer with more than 15 years of experience in natural resource economics, development economics, public policy and international negotiations.

African Development Bank, CIF launch a study on the role of women in Uganda’s plastic recycling economy

07-Jul-2021 - The African Development Bank and Climate Investment Funds have launched the Gender Technical Assessment of Opportunities to improve Implementation of Plastics and Waste Management in a Ugandan Municipality study, which examines gender challenges in waste management and plastic recycling.

Appointment announcement acting Auditor General Mr. Mouhamed BA

06-Jul-2021 - The African Development Bank Group is pleased to announce the appointment of Mr. Mouhamed BA as Acting Auditor General, effective June 1st, 2021. As Acting Auditor General, Mouhamed will be responsible for managing the internal audit activities of the African Development Bank Group, reporting to the President and the Audit and Finance Committee of the Board of Directors.

Appointment announcement Director General, Nigeria Country Office Mr. Lamin BARROW

06-Jul-2021 - The African Development Bank Group is pleased to announce the appointment of Mr. Lamin BARROW as Director General, Nigeria Country Office, effective 1st July 2021.

The Green Climate Fund approves $170.9m in co-financing for African Development Bank’s LEAF program

06-Jul-2021 - The Board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) program.  LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE)  projects in six program countries: Ghana, Guinea, Ethiopia, Kenya, Nigeria and Tunisia.

Sénégal : la Banque africaine de développement accorde un prêt de 65 millions d’euros pour appuyer les réformes sur la mobilisation des ressources internes et l’attractivité des investissements

02-Jul-2021 - Le Conseil d’administration de la Banque africaine de développement a accordé, mercredi à Abidjan, un prêt de 65 millions d’euros au Sénégal destiné à renforcer la mobilisation des ressources internes, élargir l’assiette fiscale et promouvoir les réformes stratégiques pour attirer davantage d’investissements.