ADF

10-Jun-2016

President Adesina outlines Bank’s new agenda for transformation on first official visit to Finland

On June 9, 2016, the President of the African Development Bank Group, Akinwumi Adesina, met with Finnish officials, in Helsinki, in the last leg of his three-country Nordic visit. In the different meetings, President Adesina thanked Finland for its support to the African Development Bank (ADB) and the African Development Fund (ADF), and called for its continued support to the 14th ADF replenishment. Finland joined the ADF in 1973 and the AfDB in 1982. It has a EUR 14 million bilateral trust fund with the Bank, which focuses on water management, climate change, forestry management, adaption...
10-Jun-2016

AfDB President discusses partnerships and cooperation during meetings in Stockholm, Sweden

On June 8 2016, the African Development Bank Group President, Akinwumi Adesina, met with Swedish officials, in Stockholm, in the second leg of his three-country Nordic visit. In the different meetings, President Adesina thanked Sweden for its support to the African Development Bank (ADB) and the African Development Fund (ADF), and called for its continued support to the 14th ADF replenishment. Sweden joined the ADF in 1973 and the AfDB in 1982. It contributes to several trust funds in the Bank, such as the Agriculture Fast Track Fund, the Governance Trust Fund and the Zimbabwe Multi-Donor...
26-Apr-2016

Ahead of the curve – the AfDB at the World Bank-IMF Spring Meetings

The African Development Bank may be smaller by numbers than other multilateral development banks (MDBs), not least the World Bank, but its voice is loud, its expertise is ground-breaking, and its local character is defining. One of the constant threads of the 2016 World Bank-IMF Spring Meetings was the acknowledgement that other MDBs can learn from the AfDB, and not just in Africa. It leads the field in three particular areas: MDB exposure exchange; support for fragile states; and using funds designated for private-sector lending, in poorer countries. MDB exposure exchange For instance...
19-Apr-2016

The World Bank-IMF Spring Meetings: Much happens in the margins

Discussing donor concerns, aligning with other multilateral development banks and international organisations, building support for the AfDB’s ‘High 5’ priorities and the current Replenishment of the African Development Fund (ADF): Akinwumi Adesina, President of the African Development Bank, continued to work in the margins of the World Bank-IMF Spring Meetings in Washington, from Friday, April 15 to Monday, April 18.  After a full opening day on Thursday, April 14, he began Friday, April 15 with further media interviews before meeting Rachel Kyte, CEO of the Sustainable...
17-Apr-2016

Opening Speech at the First Meeting of the 14th Replenishment of the African Development Fund Delivered by Akinwumi A. Adesina, President of the African Development Bank Group - March 17, 2016 - Abidjan, Côte d’Ivoire

Dear Governors, Board of Directors, ADF Deputies, Observers from other development organizations, Bank staff, Ladies and Gentlemen. On behalf of the Board of Directors and the management and staff of the Bank Group, I welcome you back to Abidjan for this first meeting of the Fourteenth Replenishment of the African Development Fund (ADF). We thank our hosts, the Government of Côte d’Ivoire, for greatly facilitating the work of the Bank Group. At the mid-term of ADF-13, we discussed the progress made thus far in the current replenishment cycle. I also put forward my strategic vision and...
18-Mar-2016

African Development Fund - Anil Sood interview

18-Mar-2016

African Development Fund - Luisa Diogo Interview

18-Mar-2016

Fonds africain de développement - Mariam Mahamat Nour, Gouverneure pour le Tchad du Groupe de la BAD

« Nous comptons sur le FAD pour diversifier notre économie »
18-Mar-2016

African Development Fund – Drinking water Project in Mozambique

18-Mar-2016

The African Development Fund – Opening speech of President Sirleaf, Liberia

17-Mar-2016

African Development Fund - The New Rice for Africa (NERICA) Project

17-Mar-2016

African Development Fund - Ketta-Djoum Road in Congo-Brazzaville

17-Mar-2016

The African Development Fund – Changing the lives of Africa’s most vulnerable people

17-Mar-2016

First meeting of the 14th Replenishment of the African Development Fund (ADF-14)

The first meeting of the 14thReplenishment of the African Development Fund (ADF-14) will take place March 17 and 18, 2016 in Abidjan, Côte d'Ivoire. To that end, consultations will be held with ADF Deputies to identify and explore available options for mobilizing resources for additional subscriptions and supplementary resources with an overall aim to sustain the Fund’s operational activities during the implementation of the Bank’s Group Ten Year Strategy. The meeting will be presided over by the President of the Fund and attended by the Bank’s Boards of Directors as well as...
17-Mar-2016

Liberian President underscores important role of African Development Fund at replenishment meeting

Liberian President Ellen Johnson Sirleaf underscored the important role of the African Development Bank and the African Development Fund during the first meeting on the Fund’s 14th replenishment (ADF-14) in Abidjan, Côte d’Ivoire, on Thursday, March 17. In a speech addressed to the ADF deputies, Sirleaf underscored the important support provided by the African Development Fund and the Bank’s Transition Support Facility in Liberia and in countries emerging from post-conflict and fragile situations. She also called upon those present to continue to pledge their support for the African...
17-Mar-2016

ADF-14 meeting in Abidjan: Funding the development of a winning Africa

On March 17, 2016, the Fourteenth Replenishment of the African Development Fund (ADF-14) began its first meeting, which will be held in camera over two days in Abidjan, where the African Development Bank (AfDB) has its headquarters. In his opening address , AfDB President Akinwumi Adesina – who is also president of the ADF – emphasized the importance of this first meeting on the 14th replenishment of the Fund. This replenishment is crucial to enable the ADF and the Bank Group as a whole to “help deliver on the expectations, thereby improving the lives of...
26-Feb-2016

AfDB President Akinwumi Adesina and Ségolène Royal, French Minister of the Environment, for a transformational strategic partnership for Africa

During a 48-hour working visit to Côte d'Ivoire, the French Minister of the Minister of the Environment, Energy and the Sea, Ségolène Royal, met with Akinwumi Adesina, President of the African Development Bank, on Friday, February 26 at the Bank's headquarters in Abidjan. They discussed cooperation between the pan-African financial institution and her country, France. The visit of the French Minister, who has just taken on the role of presidency of COP21 and who is conducting a tour of Africa, also coincides with preparations for the first meeting for the 14th replenishment of the African...
15-Feb-2016

AfDB Executive Directors end consultation mission to Egypt with a courtesy visit to the country’s President

An official delegation of seven Executive Directors (EDs) of the African Development Bank concluded on February 14 their eight-day consultation mission to Egypt. The EDs are members of the Bank’s Board of Directors and represent the constituencies of Algeria, Belgium, Botswana, Canada, China, Djibouti, Egypt, France, Gambia, Ghana, the Republic of Korea, Kuwait, Lesotho, Liberia, Libya, Malawi, Mauritania, Mauritius, Sierra Leone, Somalia, South Africa, Spain, Sudan, Swaziland and Turkey. The main purpose of their visit was to learn first-hand the current development situation and future...
12-Feb-2016

AfDB President outlines strategy to transform Africa, welcomes development partners

African Development Bank President, Akinwumi Adesina, outlined the Bank’s new development priorities and underscored the importance of partnerships during his first annual luncheon with ambassadors and the diplomatic corps in Côte d’Ivoire, on Thursday, February 11 in Abidjan. During the luncheon, Adesina presented the Bank’s new agenda, including the High 5s, which aim to light up and power Africa, to feed Africa, to industrialize Africa, to integrate Africa and to improve the living conditions of Africans. He also urged those in attendance to work together to support Africa, especially...
05-Feb-2016

AfDB approves Country Strategy Paper 2016-2020 for the Comoros

The Board of Directors of the African Development Bank Group (AfDB) has approved the Comoros’ Country Strategy Paper 2016-2020, designed to enable the country achieve diversified job-creating economic growth and to increase resilience to external shocks. Comprising three main islands covering a 1,862-kilometre area with an aggregate 781,000 people in 2015, the Union of the Comoros gained independence in 1975. It went through several secessionist crises, the most recent dating back to 2008. However, following a peace agreement and the adoption of a new constitution built on the autonomy of...