Fragility & Resilience

01-Jul-2019

Swiss Agency for Development and Cooperation supports Bank’s new Country Resilience and Fragility Assessment (CRFA) tool

CAPTION: First row (l-r): Salimata Soumaré, Senior Natural Resources Governance Officer, African Natural Resources Centre; Georges Bohoussou, OIC, Country Manager, Togo; Pietro Toigo, Country Manager, Mozambique; Mateus Magala, Vice-President, CHVP; Marie-Laure Akin-Olugbade, Director General, RDGW; Jocelyne Ade-Legre, Principal Investment Climate Regulatory Officer, PITD; Sally Linda Dormeyan, Principal Institutional Capacity Development Officer, RDTS; Estelle Sawadogo, Operations and Finance Analyst, RDTS; surrounded by other participants in the Maputo training.   More than 200...
24-Apr-2019

AMI – Sénégal - Recrutement d’une firme pour l’élaboration de l’audit externe à mi-parcours et à la clôture du projet - CLIMDEV

L'Agence Nationale de l’Aviation Civile et de la Météorologie du Sénégal(ANACIM), a reçu un don (réf:ML/0047) du Fonds Spécial CLIMDEV -Afrique (FSCD), administré par la Banque Africaine de Développement (BAD) en vue du financement du Projet d'amélioration de la qualité de l'information climatique pour le renforcement de la résilience des communautés au Sénégal.
06-Mar-2019

"Bumbuna Hydoelectric Plant Will Bring Down the Cost of Doing Business in Sierra Leone"

The African Development Bank-backed Bumbuna hydropower plant meant to provide electricity to Sierra Leonians and thus boost the economy was inaugurated on November 6, 2009.  For Samuel Onwona, Resident Representative of the African Development Bank  in Freetown, Bumbuna will bring down the cost of business in the country with a much cheaper, sustainable and  reliable source of energy.    Question: What are the immediate or short term benefits of Bumbuna for the economy and the people of Sierra Leone? Answer: The immediate benefits the project brings to the...
04-Mar-2019

African Development Bank to host the third edition of the Africa Resilience Forum (ARF): Fragility, Migration and Resilience

More than 300 attendees are expected at the headquarters of the African Development Bank in Abidjan, Côte d’Ivoire for the third edition of the Africa Resilience Forum (ARF), which is to be held from 4-6 March, 2019.  This year’s forum is themed: Fragility, Migration and Resilience." The Forum will enable participants, which will include senior members of governments, representatives of international organizations, leading members of civil society, academics and businesspersons, to discuss the ongoing challenges posed by migration - security, youth...
04-Mar-2019

The African Development Bank calls for strong responses to migration at the 3rd Africa Resilience Forum

"I can attest that migration enriches our lives while allowing us to learn and contribute." On Monday 4 March, the Bank’s Senior Vice-President Charles Boamah opened the third annual Africa Resilience Forum (ARF), by detailing the benefits that safe, controlled migration bring to countries of origin, transit and destination. In the presence of the Ivorian Minister of African Integration and Ivorians Abroad, Ally Coulibaly, his colleague Mamadou Touré, Minister for the Promotion of youth and Youth Employment, and of the diplomatic corps and staff and senior management of the...
08-Feb-2019

Migration takes centre stage at the third edition of the Africa Resilience Forum, organized by the African Development Bank in Abidjan

Can migration really be described as a “crisis”? Is Europe threatened by an invasion of African migrants? What can migration bring to the countries of origin, transit and destination? These, and many other questions, will be discussed by participants at the third edition of the Africa Resilience Forum, to be held 4-6March 2019 in Abidjan, Côte d’Ivoire on the theme of "Fragility, Migration and Resilience". The Forum, organised by the African Development Bank, will open 4 March 2019 at the Babacar Ndiaye Auditorium at the African Development Bank headquarters with a high-level discussion...
08-Dec-2018

Special Economic Zones in Fragile Situations – a useful policy tool?

Africa has witnessed impressive growth rates over the past decade. The continent has also become the world’s fastest-growing region for foreign direct investment (FDI). While global FDI fell by 16 per cent in 2014, foreign investment to Africa remained stable at US $54 billion. Maintaining the continent-wide level of investment is all the more remarkable, as North Africa experienced a 15 per cent decline that was offset by Sub-Saharan Africa, notably thanks to significant FDI increases in Central and East Africa. In general, trends in FDI flows tend to reflect the level of confidence...
27-Nov-2018

African Development Bank supports entrepreneurship in transition states through equity investment in Trade and Development Bank

The Board of Directors of the African Development Bank has approved an additional equity investment of US$ 25 million in Trade and Development Bank (TDB) to enhance the latter’s trade, finance and infrastructure investment operations. The investment will help expand Trade and Development Bank’s diverse socio-economic development interventions in countries in situations of fragility including Burundi, Comoros, Democratic Republic of Congo, Somalia and Sudan. The additional investment will also help strengthen and consolidate TDB’s investment grade rating and leverage for securing funding at...
12-Sep-2018

African Development Bank releases new tool to assess resilience and fragility in countries

The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into account their capacities and  pressures they may be under. Called the Country Resilience and Fragility Assessment (CRFA), the tool offers a completely new method of assessing resilience and fragility using seven key criteria: political inclusiveness, safety and security, justice, the economy, social cohesion, the regional contagion effect, and climate change. "The creation of the CRFA represents a significant advance in the assessment of fragility, which is a...
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 ...
31-May-2018

African Development Bank provides US $1 million to support Sudan’s preparation for debt relief

The African Development Bank’s Director General for the East African Region, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a US $1-million grant agreement to facilitate Sudan’s access to debt relief and to reintegrate it into the global economy. The two-year grant will enable Sudan to update its Arrears Clearance and Debt Relief Strategy and build momentum to accelerate the outreach process on debt relief. It will also complement the Bank’s technical assistance to revitalize Sudan’s economy in the post-...
31-May-2018

Supporting Women-owned Businesses and SMEs in Sierra Leone

At its 2018 Annual Meetings in Busan, Korea, the African Development Bank signed a 5-year, US $3-million Line of Credit (LoC) with Sierra Leone’s Union Trust Bank (UTB), the only indigenous private bank in Sierra Leone and an important provider of finance for indigenous micro, small and medium-sized enterprises. The LoC will primarily target local SMEs and women-owned businesses working in agriculture, energy, manufacturing and services, among others. Private-sector development will benefit from having more competitively priced commercial finance available for firms in Sierra Leone and UTB...
30-May-2018

Italy ramps up support for Somalia’s infrastructure, contributes €1 million to Somalia Infrastructure Fund

The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund (SIF). The ceremony was witnessed by Albert Mafusire, the African Development Bank’s Principal Country Economist for Somalia, who represented the Bank’s Deputy Director General for East Africa and Country Manager for Somalia, Nnenna Nwabufo; the Italian Ambassador to Somalia, Carlo Campanile; and the Federal Government of Somalia’s newly appointed Minister of Public Works, Reconstruction and Housing, Abdifatah...
22-May-2018

Ending Conflict and Building Peace in Africa - AM 2014

Annual Meetings Website
27-Apr-2018

African Development Bank launches “Say No to Famine” project in Somalia

The African Development Bank’s Deputy Director General for East Africa, Nnenna Nwabufo, represented the institution at the launch of the Say No to Famine – Short-Term Regional Emergency Response Project (STRERP) for Somalia. As a response to food security, the Bank has supported the people of Somalia, mobilizing approximately US $34 million (25 million Units of Account), from both the Transition Support Facility of the African Development Fund and the regional envelope. The STRERP project aims to provide emergency food assistance, fodder for pastoralists and medical supplies to about 800,...
14-Feb-2018

Digital finance is a powerful lever for real change, African Development Bank Vice-President Pierre Guislain tells Resilience Forum

“Africa is a pioneer in mobile banking and digital finance is a powerful lever we can use to deliver real change for the people at the bottom of the pyramid,” African Development Bank Vice-President Pierre Guislain told participants at the second Africa Resilience Forum held last week in Abidjan. Guislain chaired the session on digital finance and resilience for people at the bottom of the pyramid, hosted by the Bank’s Private Sector, Infrastructure and Industrialization Complex. Panelists included Ivorian business executives – Gaël Briot, CEO of Advans; Olivier Akeya Nguessan,...
08-Feb-2018

Resilience in Africa: "Providing solutions is an act of justice and an indicator of global progress", says Khaled Sherif

The second edition of the Africa Resilience Forum organized by the African Development Bank opened Thursday, February 8, 2018 in Abidjan, Côte d’Ivoire. The Forum, an effective platform for the exchange of experiences and knowledge on fragility and resilience, brings together development partners and institutional actors in the sector, as well as about 15 start-ups that will present innovative and concrete solutions for strengthening people’s resilience. “The 2018 Resilience Forum also introduces an additional element, the ‘Market Place’. We have invited providers of new and...
07-Feb-2018

African Development Bank hosts second Africa Resilience Forum in Abidjan

More than 300 people were expected on Thursday, February 8 in Abidjan, Côte d'Ivoire, to attend the opening of the second edition of the Africa Resilience Forum organised by the African Development Bank on the theme “Building Resilience at the Bottom of the Pyramid.” The main addition of the 2018 edition, which will be held over two days, is the presentation of innovative and relevant solutions that contribute to the Bank's five strategic priorities, known as the High 5s, at a community level. About 15 businesses and start-ups will exhibit their products, which have...
16-Jun-2017

AfDB working with partners to accelerate implementation of drought resilience programme

Ahead of World Day to Combat Desertification and Drought, the African Development Bank (AfDB) announced that it would work with partners to accelerate the implementation of the Drought Resilience Sustainable Livelihood Support Programme (DRSLP) in the Horn of Africa. World Day to Combat Desertification and Drought is observed every year on June 17 and aims to promote public awareness of international efforts to combat desertification. The day is used to remind stakeholders that land degradation neutrality is achievable through problem-solving, strong community involvement and co-...
28-Apr-2017

Adesina addresses need to end rural poverty at One World conference in Berlin

The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has called for urgent action to end rural poverty in Africa at a conference on the future of the rural world in Berlin. “We must pay particular attention to three factors: extreme rural poverty, high rates of unemployment among the youths and climate and environmental degradation – what I refer to as the ‘disaster triangle’,” Adesina told participants during a keynote speech delivered Thursday at the ‘One World, No Hunger: Future of the Rural World’ conference...