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29-Aug-2019 - Abidjan, Côte d’Ivoire, August 29 - African Development Bank Group President Akinwumi Adesina arrives in the Kingdom of Eswatini on Saturday for an official visit, which will include a trip to one of the major Bank-funded projects in the country. Adesina will meet with Eswatini Minister of Finance Neal Rijkenberg.
TICAD 7: Japan, South Africa and the African Development Bank unveil priorities to accelerate Africa’s technology transformation journey29-Aug-2019 - “Let’s be visionary. Let’s be bold. Let’s support concrete initiatives to boost science, technology, and innovation in Africa,”- Akinwumi Adesina Science, technology and innovation as well as human resource development are critical in Africa, a continent, which has the biggest potential on earth, Prime Minister Shinzo Abe said at the Science and Technology in Society (STS) forum held in Yokohama, on Wednesday, as part of TICAD 7.
TICAD7: African Development Bank discusses relief for fragile states through innovative private sector financing solutions29-Aug-2019 - Access to concessional resources and insurance cover for pioneering investments, offer fragile nations the best tools to jump-start their economies, the African Development Bank said.
28-Aug-2019 - The African Development Bank and the Africa Legal Support Facility (ALSF) joined the government of Mauritius in the launch of the Utility Regulatory Authority’s (URA) strategic business plan 2019-2022. Launched on 15 August 2019 in Ebene, Mauritius, the plan will strengthen the URA’s capacity on staffing, tools and other resources to regulate the energy sector effectively.
28-Aug-2019 - “We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity.” - Adesina urges. Yokohama, Japan, 28 August 2019 – The Sasakawa Association will work with the Japan International Cooporation Agency (JICA), to help double rice production to 50 million tonnes by 2030. Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7.
“The Kaizen approach is more than a technique…it is an approach to economic development, and it’s been yielding tremendous results” - African Development Bank Vice-president Celestin Monga27-Aug-2019 - Yokohama, Japan, 27 August 2019 – Kaizen, the business philosophy which means continuous improvement in Japanese, was at the heart of discussions at a seminar held on Tuesday, and co-organised by JICA and NEPAD on the sidelines of the 7th Tokyo International Conference on African Development, TICAD7. The seminar, under the theme: “Africa’s Socio-economic Transformation through innovation,” discussed the role of Kaizen, in improving quality and productivity as well as human resource development on the continent.
27-Aug-2019 - The African Development Bank Group on 21 August 2019 signed a deal to support Zimbabwe’s post-cyclone Idai recovery plans with $24.7 million as part of its lead role to help restore livelihood and infrastructure in areas most hit by the disaster this year. Cyclone Idai hit the southern African nation in March, causing loss of lives, devastation, displacement and extensive damage to infrastructure in some eight districts. The Bank Group initially responded to the calamity with $250,000 to support the humanitarian aid response.
African Development Bank President Adesina leads delegation to 7th Tokyo International Conference on African Development, TICAD26-Aug-2019 - Abidjan, Côte d’Ivoire, 26 August 2019 – A high-level African Development Bank delegation, led by President Akinwumi Adesina, is set to join global leaders at the 7th Tokyo International Conference on African Development, TICAD7 from August 28 to 30. TICAD7, hosted by Japan and co-organised by the United Nations Office of the Special Advisor on Africa (UN-OSSA), and the United Nations Development Programme (UNDP), aims at “promoting high-level policy dialogue between African leaders and development partners.”
25-Aug-2019 - Biarritz (France), 25 August 2019 – French President Emmanuel Macron and G7 leaders on Sunday approved a package totalling $251 million in support of the African Development Bank’s AFAWA initiative to support women entrepreneurs in Africa.
President Adesina at G7 summit in Biarritz: women’s entrepreneurship, climate and fragility at the heart of the agenda23-Aug-2019 - Biarritz, France, 23 August 2019 – The president of the African Development Bank, Akinwumi Adesina, will head a delegation to the G7 summit, to be held from 24 to 26 August in Biarritz, in south-western France.
Gabon: The African Development Bank’s funding improves conditions for those living by the country's main trunk road23-Aug-2019 - Hermann Nzondo drives a taxi. He grimaces when he mentions the former National Highway 1: "Back then, the 119-km journey from Lambaréné to Mouila was not easy. You could only do it in a 4x4. But since they surfaced the road, a taxi can do the return journey in two hours instead of five”.
African Development Bank, Portugal and Guinea-Bissau sign compact to accelerate diversification, private sector development23-Aug-2019 - The African Development Bank and the governments of Portugal and Guinea-Bissau have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa.
“African Development Bank $13 billion investment in Southern Africa is delivering strong results…Africa must not be under-ambitious!” Adesina tells SADC Summit.19-Aug-2019 - The African Development Bank’s $13 billion investment in Southern African region since 2012 is delivering strong results across countries, the Bank’s President, Akinwumi Adesina said, addressing over 1000 delegates at the opening ceremony of the 39th Southern Africa Development Community (SADC) Summit. The theme for this year's Summit is, "A Conducive Environment for Inclusive and Sustainable Industrial Development, Increased Intra-trade and Job Creation."
Changement climatique : vers un forum annuel pour encourager les investissements climatiques en Afrique19-Aug-2019 - L’atelier international sur la préparation des projets d’investissement pour la Réduction des émissions dues à la déforestation et la dégradation des forêts (REDD+) en Afrique, s’est tenu du 13 au 15 août 2019 à Abidjan. Des experts en gestion durable des forêts venant de 18 pays africains se sont engagés à organiser annuellement un forum sur les investissements REDD+, en vue de mobiliser des fonds destinés à la lutte contre le changement climatique sur le continent.
São Tomé and Príncipe fifth country to sign Lusophone country-specific compact to accelerate inclusive private sector led growth16-Aug-2019 - São Tomé, São Tomé and Príncipe, 16 August 2019 – São Tomé and Principe signed, on Thursday, a country-specific memorandum of understanding for the implementation of the Lusophone Compact aimed at accelerating inclusive, sustainable, and diversified private sector growth.
16-Aug-2019 - When she was a little girl, Jeanne Yamfashije wanted to be a doctor. Her goal was to make her parents proud and serve her people. The 29-year-old IT specialist did not become a doctor but she has certainly fulfilled her other wishes. For the past five years, Yamfashije has been working with a project that promotes science, technology, engineering and maths (STEM) among girls in Rwanda. The group, called Girls in ICT Rwanda, offers mentorships, boot camps and a competition to encourage innovation among students. The organization reaches 500...
African Development Bank welcomes $20 million investment from the Clean Technology Fund for the Facility for Energy Inclusion14-Aug-2019 - The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF) on August 8, 2019 approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to provide sustainable financing for small-scale renewables in Africa.
Mali: In Baguinéda, women and small farmers see rice yields soar with help from the African Development Bank13-Aug-2019 - In Baguinéda, in eastern Mali's Koulikoro region, the lowlands on the banks of the river Niger stretch as far as the eye can see. Between two irrigated rice-growing areas, a group of women, together with their young children, are at work pulling weeds. Dramane Diallo, 54, works alongside them. Thanks to the the Koulikoro Region Food And Nutrition Security Enhancement Project of Mali (PReSAN-KL),funded by the African Development Bank, rice and cereal harvests in Mali’s “rice bowl” have risen dramatically. And families like Diallo’s are reaping...
13-Aug-2019 - Sushi and success: Walvis Bay to net more tourists, thanks to upgraded port With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia. The bay is a safe haven for sea vessels because of its natural deep-water harbour, protected by a sandspit, being the only natural harbour along the country’s coast.