Brazil

19-Sep-2017

AfDB, Brazil to groom African youth in cassava processing

The African Development Bank (AfDB) and the Brazil-Africa Institute (BAI) have launched the Youth Technical Training Program (YTTP) − an initiative that aims to train young African professionals in research and technology transfer, contributing to local capacity development. The YTTP initiative is sponsored under the South–South Cooperation Trust Fund (SSCTF) and will consist of an array of professional development schemes to meet diverse needs of African countries by utilizing Brazil’s technology, skills and knowledge. Focus areas include agriculture and rural development, health,...
11-Sep-2017

AfDB announces new youth training drive to promote agricultural industrialization

The African Development Bank (AfDB) has announced a new youth training drive in partnership with the Brazil-Africa Institute to train young farmers (aged 18-35 years) in commodity processing, financial literacy and management techniques. The initiative aims at providing the much-needed stimulus to drive the expansion of agriculture-based economic development with an initial focus on developing cassava farm products in West Africa. The Bank is currently offering training opportunities for 30 youth to train in Brazil for three months, said AfDB’s Director of Agriculture and Agro-Industry,...
09-Nov-2016

AfDB applauds Brazil’s agricultural transformation at 4th Brazil Africa Forum

The African Development Bank applauded the successes of Brazil’s agricultural transformation during the recent 4th Brazil Africa Forum in Foz do Iguaçu, Paraná, Brazil The event, which took place on November 3 and 4, 2016 and focused on Strategies for the Development of Agriculture in Brazil and Africa, was organized by the Brazil Africa Institute and hosted by Itaipu Binacional, one of the largest hydropower plants in the world. The forum provided a platform for high-level participants from Africa and Brazil, including representatives from Governments, Ministries of Agriculture, the...
22-Jun-2015

BRICS: Destination Africa - The New Development Bank - a promise of new funding?

On Wednesday, May 27, 2015, Day 3 of the African Development Bank’s 50th Annual Meetings, a panel session was dedicated to a discussion on the BRICS (Brazil, Russia, India, China and South Africa) countries. Among other issues addressed by participants, was the New Development Bank (NDB), the African Regional Centre (ARC) and the Contingent Reserve Arrangement. Contributions were made to this roundtable by South African Finance Minister Nhlanhla Nene; Deputy Governor of the Central Bank of Uganda, Louis Kasekende; Chair of the Board of the Tanzania Investment Bank (TIB), William Lyakurwa;...
18-Nov-2013

Strengthening the health workforce in Africa: a priority for the AfDB

A critical issue for African countries “Human Resources for Health: foundation for Universal Health Coverage (UHC) and the post-2015 development agenda” was discussed among 2,000 participants from 80 countries at the Third Global Forum on Human Resources for Health (HRH) which took place November 10-13 in Recife, Brazil. The conference was followed by a Board meeting of the Global Health Workforce Alliance (GHWA) on November 14 to set up the future health workforce agenda, in which the African Development Bank is a member. Government officials, Ministries of Health and Finance, civil...
10-Jun-2013

AfDB supports a greener pathway in Egypt

As part of its ongoing activities under the South-South Cooperation Trust Fund (funded by the Government of Brazil), the Energy, Environment and Climate Change Department of the African Development Bank hosted a high-level workshop in Cairo, Egypt, on June 11, 2013 to showcase the results and recommendations of an analytical study, “Clean Technology Transfer Mechanisms in Egypt Based on Best Practices from Southern Countries.” The study came up with six recommendation to foster clean technology transfer based on Egypt’s existing capacities, market potential, and needs: (i) develop and...
01-Apr-2013

The BRICS call for their own Development Bank

At their meeting in Durban, the BRICS group put forward the proposal establishing a Development Bank under their auspices. This initiative was hailed by Donald Kaberuka, President of the AfDB. A grand premiere in Africa, this decision was taken at the meeting held on the 26 and 27 March 2013. The continent welcomed the annual meeting of the BRICS group held in Durban made up of Brazil, India, China, Russia and South Africa joining these countries in April 2011. « BRICS and Africa: “a partnership for development, integration and industrialization » was the theme of the 5th summit meeting...
26-Mar-2013

Message from the President: A Win-Win in Infrastructure – The Durban BRICS Summit

The new world order comes to Durban this week – for the fifth BRICS Summit, and the first in Africa. Dilma Rousseff, Vladimir Putin, Manmohan Singh, Xi Jinping and Jacob Zuma represent a changing world, as gravity and power gradually shift from North to South, and West to East. Between them, they preside over nearly half of the world’s population, and nearly a quarter of its GDP.   As well as Heads of Government, the BRICS business community will also come together in Durban, and all this under the gaze of the world’s media. It is clear that all will pursue themes within themes. In...
26-Jan-2013

World Economic Forum Annual Meeting 2012-AfDB and BNDES chief executives meet in Davos

Presidents Kaberuka and Coutinho discuss long-term cooperation African Development Bank (AfDB) President Donald Kaberuka met today with Luciano Coutinho, President of the Brazilian Development Bank (BNDES). The meeting took place in Davos, Switzerland during the ongoing World Economic Forum. The Brazilian Development Bank closed the year 2011 with disbursements totalling roughly USD 80 billion. This meeting was a follow-up to an earlier meeting Mr Kaberuka had with former President Lula of Brazil, and visits by AfDB staff to the Brazilian Development Bank. The two development bank...
20-Sep-2012

Interview with Tas Anvaripour, Manager for Infrastructure Finance, Private Sector Department, AfDB, on the Importance of Developing Air Transportation in Africa

A high-level delegation from the Brazilian Development Bank (BNDES) visited the African Development Bank Group on September 18 in Tunis to share industry knowledge that may help revolutionize aviation in Africa. The workshop entitled “Developing Africa’s Air Transportation” was co-chaired by Tas Anvaripour, Manager for Infrastructure Finance in the Private Sector Department of the African Development Bank. Question: What is the project about and what developmental impacts are expected? Answer: The project intends to procure Embraer E-170/190 jets, which are considered to be...
20-Sep-2012

AfDB to Embark Upon Developing Africa’s Air Transportation to Strengthen Regional Integration

A high-level delegation from the Brazilian Development Bank (BNDES) visited the African Development Bank Group on September 18 in Tunis to share industry knowledge and lessons learned that may help revolutionize aviation in Africa. The workshop entitled “Developing Africa’s Air Transportation” was chaired by Steve Kayizzi-Mugerwa, Director of Development Research, and Tas Anvaripour, Manager for Infrastructure Finance in the Private Sector Department of the African Development Bank. The meeting also brought together senior representatives and sponsors of major aircraft companies, including...
22-Jun-2012

World Needs Nature-Based Solutions to Ecosystem Harm

The African Development Bank (AfDB), in collaboration with The International Union for Conservation of Nature (IUCN) and the Italian government hosted an event at the UN Conference on Sustainable Development, or Rio+20, in Rio de Janeiro on 19 June. Since the Rio 1992 Earth Summit, a lot of progress has been made in socio-economic development.  But the world has also witness a harmful rise in biodiversity loss and environmental degradation. Much of the blame can be attached to the use of outdated economic models. Poor governance and the flouting of international accords on...
22-Jun-2012

Africa Day at Rio+20: Continent has Progressed but Faces New Challenges

African leaders and senior representatives of Africa’s leading institutions assessed progress on sustainable development in Africa on 19 June, dubbed “Africa Day” at the United Nations Conference on Sustainable Development, or Rio+20,  in Rio de Janeiro. They agreed that while Africa has made measurable progress, gains are being undermined by new challenges, such as climate change, water scarcity, and energy crises as well as the global financial turmoil. Strong leadership is required for Africa to achieve the future it wants. However, no institution can meet these challenges...
22-Jun-2012

AfDB Commits Annual USD 1 billion to Energy Sector in Africa at Rio+20

The African Development Bank (AfDB) will commit USD 1 billion a year to the energy sector, said the institution’s president, Donald Kaberuka, on 21 June at the UN Conference on Sustainable Development, or Rio+20, in Rio de Janeiro. Mr Kaberuka made the announcement at an event promoting the Sustainable Energy for All (SE4All) initiative, which was chaired by the president of UNIDO, Kandeh Yumkellah.  Mr Kaberuka shared the platform with Mozambique’s president, Armando Guebeza, and the president of the European Commission, José Manuel Barroso. The SE4All initiative was launched...
21-Jun-2012

AfDB and WWF Rally Leaders to Invest in Africa’s Natural Capital

The African Development Bank (AfDB) and the World Wide Fund for Nature (WWF) have released a joint reporton the state of environment in Africa, and are calling world leaders to invest in Africa’s natural capital. The report is intended to catalyze decision-makers to invest in Africa’s sustainable development and is being presented at Rio+20, at an event organized by the AfDB and WWF and hosted by the Senegalese government. As leaders gathered in Brazil this week, WWF and AfDB are encouraging leaders in both the public and private sectors to invest in Africa’s natural capital. “...
21-Jun-2012

Africa has Great Expectations from Rio+20, Says AfDB President

The outcome of the UN Conference on Sustainable Development, or Rio+20, currently taking place in Rio de Janeiro, is centrally important for the future of Africa, said the president of the African Development Bank, Donald Kaberuka. Speaking at a High Level Round Table on implementing the expected outcomes of Rio+20 on 20 June, Mr Kaberuka said: “I join African leaders who spoke before me in welcoming the outcome of this Summit.” He pointed out that: “Today, twenty years ago, a bold vision was spelt out and a clear road map agreed upon. Today, twenty years after, at a time of...
21-Jun-2012

Promoting Inclusive Green Growth: Opportunities and Challenges facing Africa

In the context of the United Nations Conference on Sustainable Development, the Africa @ Rio+20 organized a High Level panel discussion on “Promoting Inclusive Green Growth and building a Green Economy as a means to achieve sustainable development: Perspectives on Opportunities and Challenges faced by Africa, Least Developed Countries, Landlocked Developing Countries, and Small Island Developing States” on 18 June.  The session began with a discussion on green economy in the context of sustainable development in Africa, denoting issues, research insights and practical...
19-Jun-2012

Statement to the Rio+20 High Level Round Table by the AfDB President Donald Kaberuka

Event: High Level Round Table on “Looking at the way forward in implementing the expected outcomes of the Conference” Twenty years ago, a bold vision was spelt out and a clear road map agreed upon. Today, 20 years after, at a time of global economic stress, that agenda is now even more urgent than ever. And none have a bigger stake than the low income countries. The past 10 years have been remarkable for Africa: strong economic growth and significant improvement in human development indicators. Africa today is the second fastest growing continent. Needless to say, the journey remains...
19-Jun-2012

AfDB and other MDBs Unite to Boost Spending on Sustainable Growth

The African Development Bank (AfDB) and five other multilateral development banks (MDBs) have agreed to significantly leverage their commitment to sustainable development. The concord between the AfDB, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the European Investment Bank, and the World Bank Group, was made at the UN Conference on Sustainable Development, “Rio+20”, currently taking place in Rio de Janeiro. The MDBs’ cumulative investments in sustainable development activities has averaged USD 93 billion annually in the past five years. In...
19-Jun-2012

Sustainable Development Needs Innovative Financing and Private Sector Support, Experts Say

Innovative sources of finance and resources from the private sector are key to achieving sustainable development in Africa, African leaders and world experts said yesterday at the United Nations Conference on Sustainable Development, or Rio+20, in Rio de Janeiro. Speaking at high level panel on “Financing Sustainable Development in Africa”, African states and their partners discussed resource mobilization for sustainable development – both domestically and internationally. The panel, representing a number of partners such as the African Development Bank (AfDB), the UN Environment...