Employment

26-Jul-2019

Nigeria: Africa’s leaders, business champions in Abuja to chart a new course for the continent’s youth

Abuja, Nigeria, 26 July 2019 – Some of Africa’s most prominent leaders in business, politics and development are gathering this weekend to chart a course for the continent’s youth. The Tony Elumelu Foundation Entrepreneurship Forum is a global flagship event that has attracted world business leaders and renowned entrepreneurs to the Nigerian political capital, Abuja. This is the fifth edition. African Development Bank President Akinwumi Adesina is participating in a panel discussion at the event, alongside Rwandan President Paul Kagame, Senegal’s Macky Sall and...
18-Jun-2019

Invitation to the African Youth Agripreneur Forum (AYAF) - 3rd Conference and AgriPitch Competition

The African Development Bank), in partnership with the Western Cape Government, is organizing the 3rd annual African Youth Agripreneur Forum (AYAF) Conference and AgriPitch Competition under the theme: Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The AYAF serves as a platform for bringing together youth agripreneurs from across Africa and scaling up the scope and impact of their activities. The AYAF is an annual event of the African Development Bank’s Enable Youth Program and is expected to attract over 200 participants from across the...
13-Jun-2019

Guinée Bissau - Projet Promotion de l'entreprenariat agricole et rural dans les chaines de valeur (PROPEAR-CV) – Résumé CGES

L’objectif de l’EES est de faire une revue générale du contexte dans lequel évoluera le projet afin d’établir un processus de sélection environnementale et sociale qui permettra aux structures chargées de la mise en œuvre du projet de pouvoir identifier, évaluer et atténuer les impacts environnementaux et sociaux potentiels des activités du PROjet de Promotion de l'Entreprenariat Agricole et Rural dans les Chaînes de Valeur (PROPEAR-CV) au stade de planification des activités opérationnelles. Les résultats de la sélection indiqueront si un travail environnemental additionnel sera requis ou...
22-May-2019

Brochure - Youth Entrepreneurship and Innovation Multi-donor Trust Fund

In response to the youth unemployment and migration crisis, the African Development Bank adopted the Jobs for Youth in Africa (JfYA) Strategy. Its objective is to create 25 million jobs and equip 50 million youth with employable and entrepreneurial skills by 2025. Since the adoption of the JfYA strategy in 2016 the Bank has invested over USD 20 billion in 318 projects that will impact youth directly on skills, entrepreneurship, business development and job creation in African countries.
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing and jobs for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
21-May-2019

Bank’s Lines of Credit help to deepen African financial systems, small projects blossom

The African Development Bank has since 1995 granted five loans totaling $700 million to the Development Bank of Southern Africa (DBSA), a governmental financial institution with special focus on infrastructure expansion. The transactions have helped to deepen financial markets and buoyed local businesses. The Bank’s lines of credit enabled DBSA to finance some 20 private sector projects in eight countries, covering seven sectors (energy, industry, finance, tourism, telecoms, agriculture and infrastructure). The investments generated and sustained at least 40,000 jobs. “For nearly 25...
13-May-2019

Global partners announce $61.8 million allocation to boost African Development Bank initiative for women entrepreneurs

The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program. We-Fi is a partnership among 14 donor governments, eight multilateral development banks, and other public and private sector stakeholders, established in October 2017 and hosted by the World Bank Group. “This substantial support from the Women Entrepreneurs Finance Initiative, We-Fi, will help us scale up our actions and achieve greater results for women...
13-May-2019

Economic Brief - Accelerating the AfDB’s Response to the Youth Unemployment Crisis in Africa

This paper was prepared as a background paper for the Joint Youth Employment Initiative for Africa which was launched in 2011 by the AfDB, African Union, ILO and UNECA. The objective of this initiative is to support Regional Member Countries (RMCs) in addressing the growing youth unemployment crisis in Africa. This paper was primarily a response to: (i) the Board’s concerns on high unemployment in the continent, particularly among the youth (ii) the need for a coherent Bank perspective for the high-level seminar on “youth unemployment and inclusive growth” at the 2011 annual meetings...
02-May-2019

Programme de Promotion de l’entreprenariat des jeunes dans l’agriculture et l’agro-industrie de Madagascar : Sortie de la première promotion de 35 jeunes agripreneurs

A l’issue de 12 mois de formation dans les chaînes de valeur des filières agricoles, 35 jeunes « agripreneurs », dont 51% de femmes, ont reçu, le 23 avril 2019, leur certificat de fin de formation, ainsi que leur chèque pour les aider à s’installer et financer leurs projets. Cette formation leur a été dispensée dans le cadre du programme de Promotion de l’entreprenariat des jeunes dans l’agriculture et l’agro-industrie (PEJAA), financé par la Banque africaine de développement (BAD). Une Banque locale, BNI Madagascar (BNI) a signé une convention de partenariat avec le...
29-Apr-2019

Maroc : la Banque africaine de développement lance le programme Souk At-tanmia pour soutenir l’entreprenariat et le développement du secteur privé

QUOI : Lancement de Souk At-tanmia au Maroc  OÙ : Hôtel Oasis Palm Club, Guelmim, Maroc  QUAND : Lundi 22 avril 2019 à partir de 15 h 00 En partenariat avec la coopération danoise (DANIDA) et le ministère de l’Économie et des Finances du Maroc, la Banque africaine de développement procèdera, le 22 avril prochain à Guelmim, au lancement national du programme Souk At-tanmia. Cet évènement marque le tout premier partenariat de la Banque avec la Fondation régionale de l’entrepreneuriat et l’entreprise (FREE), qui va donner jour à une...
26-Apr-2019

Invitation to the African Youth Agripreneur Forum (AYAF) - 3rd Conference and AgriPitch Competition

The African Development Bank), in partnership with the Western Cape Government, is organizing the 3rd annual African Youth Agripreneur Forum (AYAF) Conference and AgriPitch Competition under the theme: Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The AYAF serves as a platform for bringing together youth agripreneurs from across Africa and scaling up the scope and impact of their activities. The AYAF is an annual event of the African Development Bank’s Enable Youth Program and is expected to attract over 200 participants from across the...
19-Apr-2019

‘My mother told me to dare.’ Inspiring stories from high-level African Development Bank women’s summit

Nafissa Hamidou Abdoulaye has been praised far and wide for her ground-breaking work in agriculture, but securing financing has been an uphill battle. That was until now. The African Development Bank has decided to jump in and support Abdoulaye, who has for the past five years self-financed her animal feed company Salma, which employs 10 people. Abdoulaye’s story inspired African Development Bank president Akinwumi Adesina after she spoke at the high-level regional summit of the Women Entrepreneurs Finance Initiative (We-Fi) held in Abidjan, Cote d’Ivoire, on April 17, 2019. The...
17-Apr-2019

Morocco - Souk At Tanmia Morocco - Appraisal Report

In view of the positive results of the two editions of Souk At Tanmia (SAT) launched by the African Development Bank in July 2012 in Tunisia, and the continued commitment of the Bank to combat unemployment by promoting entrepreneurship, a decision was taken to implement this initiative in other countries of the region. The SAT programme used an integrated approach combining financial and non-financial support to entrepreneurs, while drawing on lessons from the first two editions and international best practices. More than five years after the launch of the first edition of the programme in...
17-Apr-2019

Tunisia - Souk At-Tanmia’s Third Edition

The rules and procedures of the Trust Funds for Countries in Transition (TFT) hosted by the Bank specify that should an operation that exceeds USD 1 million be put forward it must be approved by the Board of the Bank. The third edition of the Souk At-tanmia program in Tunisia falls into this category. Hence, the Board’s approval is sought for the third edition of Souk Attanmia so that the Secretariat of the Partnership Steering Committee, currently hosted by the Bank (The North Africa Regional Development and Business Delivery Office (RDGN)), can transfer the necessary resources in order to...
17-Apr-2019

We-Fi Regional Summit Calls for Urgent Public and Private Sector Action to Support Women Entrepreneurs in West Africa

Heads of state, ministers, leaders of multilateral development banks, private sector executives, women entrepreneurs, and contributing governments of the Women Entrepreneurs Finance Initiative (We-Fi) convened today at the first We-Fi Regional Summit to discuss concrete ways to strengthen support for women-led small and medium-sized enterprises (SMEs) in West Africa. Attended by more than 400 public and private sector leaders from West Africa and other regions, the Summit was organized by We-Fi in collaboration with the African Development Bank, the Islamic Development Bank, and the World...
05-Apr-2019

“Coding must be compulsory, at all levels. The currency of the future is going to be coding…We must democratize technology,” Adesina tells Mo Ibrahim Governance Week

African Development Bank President Adesina, on Friday, pleaded for Africans to embrace technology, and governments to urgently move away from “investing in the jobs of the past, but rather in the jobs of the future. A future that is just around the corner.” Adesina was addressing a debate entitled: The New Tech Era: Job-killer or Job-creator? organised by Africa Report and Jeune Afrique as part of the 2019 Mo Ibrahim Governance Week. The debate took place in the Sofitel Hotel in Abidjan, Cote d’Ivoire. “The people who control data, will control Africa. Coding must be...
25-Mar-2019

La Banque africaine de développement et le Groupe Attijariwafa bank s’associent pour soutenir les femmes entrepreneures en Afrique

La Banque africaine de développement, le Groupe Attijariwafa bank et plusieurs associations patronales féminines ont signé, le 14 mars 2019, une convention de partenariat portant sur l’accompagnement des femmes entrepreneures africaines, à l’occasion de la 6e édition du Forum international Afrique Développement à Casablanca, au Maroc. Convaincus que les femmes jouent un rôle essentiel dans l’avenir de l’Afrique, la Banque africaine de développement et le Groupe Attijariwafa bank renforcent, avec cette convention, leur volonté partagée de contribuer à promouvoir l’entrepreneuriat...
25-Mar-2019

African Development Bank, Tony Elumelu Foundation, partner to support youth entrepreneurs in Africa

The African Development Bank and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The partnership will bring about future collaboration focused on strengthening small to medium sized enterprises, talent and skills development and optimisation initiatives for Africa’s youth. A total of 3,050, young entrepreneurs across 54 African countries over the next year will receive support under this partnership. The Bank's participation will enable an additional 1,000 entrepreneurs to benefit from the Tony Elumelu Entrepreneurship...
22-Mar-2019

Côte d’Ivoire : la Banque africaine de développement va accompagner le programme social du gouvernement à hauteur de 283 milliards de Francs CFA

Une délégation de la Banque africaine de développement, conduite par son président Akinwumi Adesina, a rencontré, aujourd’hui à Abidjan, le Premier ministre ivoirien, Amadou Gon Coulibaly, pour échanger sur le programme social mis en place par le gouvernement de Côte d’Ivoire (PSGouv) pour la période 2019-2021. Ce programme, que l’Etat de Côte d’Ivoire souhaite exécuter dans des délais optimaux, couvre les domaines de la santé et de la protection sociale, de l’éducation, de l’accès aux biens de première nécessité, du bien-être en milieu rural, de la lutte contre le sida, de l’emploi et de...