ADF

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28-Aug-2018

Togo : La Banque africaine de développement va investir 16,6 milliards de francs CFA dans l’agro-alimentaire

Le Groupe de la Banque africaine de développement a signé avec le gouvernement du Togo des accords de prêt et de don pour un total de quelque 16,63 milliards de FCFA, dans le cadre de son Projet de transformation agro-alimentaire (PTA-Togo).  Il s’agit d’un protocole d'accord de don du Fonds africain de développement pour un montant de 3,67 milliards de FCFA ; d’un accord de prêt de 6,37 milliards de FCFA du même Fonds africain de développement ; et d’un accord de prêt d’un montant de 6,59 milliards de FCFA au titre de la Facilité d’appui à la transition ...
16-Aug-2018

Canadian Minister of International Development visits African Development Bank in Côte d’Ivoire, reinforces Canada’s role in Africa

Beneficiaries of PAIA-ID, an African Development Bank-financed agriculture project in rural Côte d’Ivoire. At the invitation of the Government of Côte d’Ivoire and the African Development Bank Group President, Dr. Akinwumi A. Adesina, Canada’s Minister for International Development, the Honourable Marie-Claude Bibeau, will be visiting Côte d’Ivoire to strengthen relations with the African Development Bank Group, of which Canada is the fourth-largest shareholder among non-regional member countries. The visit includes a half-day tour of a Bank-financed...
10-Apr-2018

African Development Bank is key to Africa’s economic development, say Southern African Governors

The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead the way to faster-paced development of the continent. The Governors – Finance Ministers and Ministers of Economic Planning from Angola, Lesotho, Madagascar, Malawi, Mozambique, Namibia, São Tomé and Príncipe, South Africa, Swaziland, Zambia and Zimbabwe – shared their thoughts at a regional consultation with African Development Bank President Akinwumi Adesina and Senior Bank Executives at the institution’s headquarters in Abidjan, Côte d’...
29-Mar-2018

Visiting Swiss delegation underscores African Development Bank’s crucial role in Africa’s development

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 Johann Schneider-Ammann, Federal Councillor, Minister of Economic Affairs, Education and Research, and former President of the Swiss...
13-Feb-2018

Japan provides US $700 million to African Development Fund

The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (approx. US $700.9 million). The loan is part of Japan’s contribution to the African Development Fund’s Fourteenth Replenishment (ADF-14). This is the first JICA loan provided to the ADF. The loan will provide the African Development Fund with resources to support recipient countries during the ADF-14 period (January 1, 2017 to December 31, 2019), and contribute to...
15-Feb-2017

AfDB commits US $3.50 million to IGAD Regional Infrastructure Master Plan

The eight-nation Intergovernmental Agency on Development (IGAD) has secured a US $3.50-million grant from the African Development Fund (ADF), the concessional window of the African Development Bank Group, to finance the agency’s Infrastructure Master Plan (IRIMP). The project, to be completed in 38 months, seeks to establish regional infrastructure development priorities for the IGAD region, comprising Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda, in order to enhance regional physical and economic integration, thus promoting trade, movement of goods and...
23-Jan-2017

Cameroun : la BAD va contribuer à l’amélioration de la santé des populations de Yaoundé avec un projet d’assainissement de 32 millions de dollars

La Banque africaine de développement (BAD) a procédé du 15 au 21 janvier 2014 à Yaoundé, au Cameroun, au lancement de la deuxième phase du projet d’assainissement de Yaoundé (“PADY 2”). Financé par le Fonds africain de développement (FAD) du Groupe de la BAD, à hauteur de 20,99 millions d’Unités de Compte (UC) - environ 32 millions de dollars -, ce projet profitera à environ 2 millions de personnes, contribuant notamment à améliorer leurs conditions de  santé. PADY 2 a pour objectif d’améliorer l’assainissement pluvial de Yaoundé et d’améliorer les conditions de  santé...
12-Dec-2016

Fourteenth Replenishment of the African Development Fund

Strong donor commitment despite a difficult global economic environment Resources devoted to countries affected by situations of fragility to increase ADF to scale-up support to the private sector A global coalition of donors pledged to support the structural transformation of African economies and the African Development Bank's High Five priorities by agreeing on US $7.06 billion over the next three years to support development projects and programs in the 38 lower income African countries supported by the African Development Fund (ADF) "We are appreciative of the support of...
28-Nov-2016

FAD-14 : Interview de Kenji Okamura, Représentant du ministre des Finances du Japon (pays donateur)

28-Nov-2016

ADF-14 : Interview with Tom Mbeta, Alternate Governor, Lesotho (ADF beneficiary country)

28-Nov-2016

FAD-14: Interview de Papa Amadou Sarr, Gouverneur suppléant du Sénégal (pays bénéficiaire du FAD)

28-Nov-2016

ADF-14 : Interview with Pierre Gramegna, Minister of Finance, Luxembourg (ADF donor country)

28-Nov-2016

ADF-14 : Improving their future in Senegal and Madagascar

28-Nov-2016

Third meeting of the 14th Replenishment of the African Development Fund (ADF-14) in Luxembourg

The Third meeting of the Fourteenth Replenishment of the African Development Fund (ADF-14)  of the African Development Bank Group (AfDB) will take place from 28 to 29 November, 2016, in Luxembourg. The President of the Bank Group , in close collaboration with the Board of Directors and senior Bank management, will pursue consultations with State participants on the various options for mobilizing additional subscriptions and supplementary resources towards the Fourteenth Replenishment of the resources of the Fund. The meeting will take place within the context of an overall aim of...
28-Nov-2016

Home stretch for ADF-14

On November 28 and 29, 2016, the third and final replenishment meeting for the 14th replenishment of the African Development Fund (ADF-14) is taking place in Luxembourg, following two previous meetings held in Abidjan in March and June 2016. This is the opportunity for donors to the Fund to mobilize the resources that will support development projects financed by the ADF from 2017 to 2019, as part of the African Development Bank Group’s Ten Year Strategy. Several of the Fund’s recipient countries will also be present along with observers from peer...
23-Nov-2016

Spotlight on the African Development Fund

Heriniaina, or “Life Force” in Malagasy, confidently stands on her land in Tanandava. She has made the most of her plot, saving enough money to acquire an additional hectare of land and a tractor worth 3,000 euros. The tractor has enabled her to double her harvest. Heriniaina, a member of a local women’s association, is miles ahead of many other local farmers, who still use zebus to cultivate their land. She also rents her tractor to increase her earnings. “My life has changed,” she says. Heriniana is a beneficiary of the irrigation project funded by the African Development Bank Group (...
25-Oct-2016

US $350 million raised for Abidjan Sanitation Program – Phase II

Phase II of the Abidjan Sanitation Program has received a significant boost following the mobilization by donors of over US $350 million out of the required US $400 million needed to fund the program successfully. This program, which was presented to donors at a roundtable discussion in Abidjan on October 20-21, 2016, is designed to eradicate the recurring floods in the city of Abidjan and to resolve most of the sanitation-related challenges. The African Development Bank (AfDB) is contributing US $112 million and US $28 million through the African Development Fund (ADF). The West African...
24-Oct-2016

AfDB Group to co-host the 5th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference in Seoul

An African Development Bank (AfDB) Group delegation led by President, Akinwumi Adesina, will attend the 5th KOAFEC Ministerial Conference in Seoul, South Korea from October 24-27, 2016. The Bank is co-hosting the conference whose theme is: “Transforming Africa’s Agriculture through Industrialization and Inclusive Finance”, with the Korea Ministry of Strategy and Finance (MOSF), and the Export-Import Bank of Korea (EXIM). The theme emphasizes the business value of agriculture to Africa’s socio-economic transformation. The KOAFEC Ministerial Conference, which has...
12-Oct-2016

Agreement establishing the African development fund - 2016 Edition

Signed on the twenty-ninth day of November, 1972, in Abidjan, Côte d’Ivoire, by the African Development Bank and 15 States;
27-Aug-2016

Bank Group participates in TICAD VI

An African Development Bank (AfDB) Group delegation led by the Bank President, Akinwumi Adesina, will attend the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi from August 27-28, 2016. This will be the first time TICAD is being held in Africa since its inception in 1993, demonstrating the strong African ownership and deepening partnership among TICAD stakeholders. Co-organised by the Government of Japan, the United Nations Office of the Special Advisor on Africa (UN-OSAA), the United Nations Development Programme (UNDP), African Union Commission...