Fragility & Resilience

21-Apr-2017

The “10,000 Communities in 1,000 Days Initiative” – Delivering the High 5s in Transition States

The African Development Bank’s “10,000 Communities in 1,000 Days” Initiative was launched by Bank President Akinwumi Adesina during the inaugural African Resilience Forum in January 2017. Rural poverty, youth unemployment and environmental degradation referred to by President Adesina as the “Triangle of Disaster” continues to be the main driver of rural-urban, intra-African or international migrations, leading to significant local and international challenges. More than 645 million Africans do not have electricity, 319 million people are without access to improved and reliable...
21-Apr-2017

The African Development Bank is delivering for Africa: Adesina

In an impassioned speech delivered at the Center for Global Development in Washington, DC, on Wednesday, April 19, African Development Bank President Akinwumi Adesina spoke about Africa’s enormous potential, and the Bank’s ambitious development agenda, which he said was well underway. The Washington think tank was an apt venue for Adesina to take stock of his first 19 months in office. Two years earlier, on April 16, 2015, the then Nigerian Minister of Agriculture and Rural Development participated in a debate in that same room with other candidates vying...
17-Apr-2017

Famine, fragility and infrastructure development on the agenda at World Bank-IMF Spring Meetings

he African Development Bank (AfDB) is participating in the Spring Meetings of the International Monetary Fund (IMF) and World Bank, in Washington, DC, from April 18-23, 2017. The annual gathering brings together over 1,000 participants from government, civil society, the private sector, the media and academia. President Akinwumi Adesina will lead the AfDB delegation at the meetings, which will feature important discussions related to private sector development, unlocking financial capital for infrastructure development, food security, climate change, gender, civil society and aid...
20-Mar-2017

Speech of Dr. Akinwumi A. Adesina, President of the African Development Bank, delivered by Vice-President Pierre Guislain at the Africa CEO Forum

Good morning to you all. Welcome to the Africa CEO Forum 2017. The African Development Bank is proud to be a strategic partner of the Africa CEO Forum. President Adesina was looking forward very much to being here with you today. But, unfortunately, due to a personal family loss, he is unable to join you, but asked me to assure you that he is with you, because, and I quote him, “Africa is always on my mind”. There’s no doubt that the future belongs to Africa. Just think about it: by 2050, Africa will have the same population as China and India today, with rising consumer demand from a...
02-Mar-2017

AfDB President Akinwumi Adesina meets with Sudanese President Omar al-Bashir

On Monday, February 27, 2017 in Khartoum, African Development Bank President Akinwumi Adesina paid a courtesy call on the President of the Republic of Sudan, Field Marshal Omar al-Bashir, in the company of the Minister of Finance and Economic Planning, Badre Eldin Mahmoud Abbas, during an official visit to the country. Adesina was accompanied by the Executive Director, Kwabena Boadu Oku-Afari, who represents Sudan on the Bank’s Board; the AfDB Director General (East), Gabriel Negatu; and Sudan Country Manager for the Bank, Abdul Kamara. The hour-long meeting created an opportunity...
28-Feb-2017

AfDB President pays a courtesy call on Sudan’s Minister of Finance and Economic Planning

The three-day official visit of the President of the African Development Bank, Akinwumi Adesina, to Sudan kicked off with a courtesy call on the Minister of Finance of Economic Planning, Badreldin Mahmoud Abass, on February 26, 2017. The hour-long meeting, which concluded with a press conference, touched on important issues that underscore the bilateral cooperation between the Bank and its country of birth, the Sudan, where it was born some 53 years ago. In their discussion, the Minister of Finance and Economic Planning briefed President Adesina on the country’s economic performance, its...
23-Feb-2017

AfDB to open field offices in Benin, Guinea and Niger

Benin, Guinea and Niger will benefit significantly from the development support provided by the African Development Bank Group (AfDB) following the Board’s approval to open offices in the three countries in order to strengthen its operational presence, visibility and address their needs effectively. In line with the Bank’s decentralization action plan and the new Development and Business Delivery Model, the decision to open the offices places emphasis on the mitigating factors of fragility and transition, portfolio issues, development aid coordination, dialogue, the countries’...
10-Jan-2017

Africa Resilience Forum: AfDB President lays out blueprint for dealing with fragility

Bank calls for innovative partnerships needed to deal with fragility Additional concessional resources for fragile situations increased to 17% Bank to deliver High 5s in 10,000 communities in fragile situations in 1,000 days African countries will need innovative partnerships and a mix of small-scale and big transformational projects to build resilience and overcome fragility, African Development Bank President Akinwumi Adesina told the Africa Resilience Forum on Tuesday in Abidjan. Adesina announced that the Bank has created a bottom-up initiative to deliver the Bank’s...
01-Jan-2017

“Building a Partnership for Resilience” - Remarks by Dr. Akinwumi A. Adesina, President President of the African Development Bank, at the First Africa Resilience Forum, January, 10, 2017, Abidjan, Cote d’Ivoire

Honorable Ahmed Bakayoko, Minister of State for Interior and Security of Côte d’Ivoire; Mr. Cheikh Tidiane Gadio, Former Minister of Foreign Affairs of Senegal and President of Panafrican Institute of Strategy; Mr. Ayodele Odusola, Chief Economist of UNDP Africa Regional Bureau in New York, representing Mr. Abdoulaye Mar Dieye, Assistant Secretary General of the UN and Director of the UNDP Africa Regional Bureau in New York; Ambassador Saran Kaba Daraba, Executive Secretary of the Mano River Union; Ambassador Mahboub Maalim, Executive Secretary of IGAD; Ambassador Zachary...
08-Nov-2016

AfDB approves US $1-million grant to finance nutrition campaign in Nigeria’s Borno State

Executive Directors of the African Development Bank (AfDB) on Friday, November 4, 2016 approved a US $1-million emergency assistance grant to support the fight against malnutrition in Nigeria’s northeastern state of Borno. The Nigerian Health Ministry had in June 2016 declared a nutrition emergency in Borno. The West and Central Africa Regional Food Security and Nutrition Working Group had called for urgent response by the international community in order to prevent the situation from deteriorating further. The AfDB intervention will strengthen the Government efforts with support from...
02-Aug-2016

AfDB stands by South Sudan and approves €6-million grant for Resilient Water Project for Improved Livelihoods in Juba

The livelihoods of some 230,000 people in Juba, South Sudan, will be improved thanks to a key water project approved on July 14, 2016 by the Board of Directors of the African Development Bank Group (AfDB) in the form of a grant of €6.3 million. The project will also strengthen efficient utility operations, private sector participation and women’s empowerment. The “Resilient Water Project for Improved Livelihoods in Juba” aims to provide improved equitable access to sustainable water supply in Juba and improve water system functionality. This will translate into an increased percentage of...
01-Jul-2016

Fragile contexts, a key focus of ADF-14

More than 56 million people require humanitarian assistance and more than 17 million are displaced across Africa, according to the African Development Bank. This fragile situation is largely a consequence of conflict and natural disasters, and based on current trends, poverty will be increasingly concentrated in countries in fragile situations, says the Bank in a paper presented at the second meeting of the 14th Replenishment of the African Development Fund (ADF-14). The event is taking place June 30-July 1, 2016, in Abidjan, Côte d’Ivoire. The paper, ‘Leaving no one behind: The role of...
30-Jun-2016

Opening speech at the 2nd negotiations meeting of the African Development Fund, Akinwumi Adesina, President, African Development Bank Group, Abidjan, 30 June 2016

Governors, ADF Deputies, Executive Directors, observers from other multilateral development banks, staff of the African Development Bank Group, ladies and gentlemen.... Welcome back to Abidjan – we are delighted to see you again. We are here to discuss not just ‘a’, but in many people’s minds, ‘the’ great instrument of hope for the poorer people and countries on this continent of Africa. The African Development Fund. You know the vital statistics: over 40 years of existence; over $40 billion of loans and grants made; and – not ‘over’ but in fact just under – 40 countries receiving...
28-Jun-2016

Bank Group to host a Conference on Financial Sector Development in African States Facing Fragile Situations

Senior policy-makers, financial institutions executives and development partners will convene in Abidjan, Côte d’Ivoire from June 28 to 29, 2016 to examine how best to promote the development of effective financial systems in African countries facing fragile situations. The conference is organized jointly by the African Development Bank, through its Financial Sector, Transition Support and Private Sector departments, the Making Finance Work for Africa Partnership (MFW4A), FSD Africa, First Initiative and the Initiative for Risk Mitigation in Africa (IRMA). Over two days, the conference...
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...
01-Apr-2016

AfDB Group announces US $549-million drought response package for Eastern and Southern Africa

The African Development Bank (AfDB) Group President, Akinwumi Adesina, announced Friday a relief package of US $549 million in support of 14 countries most affected by the ongoing drought in Eastern and Southern Africa. The AfDB acknowledged the severe impact of the El Niño weather pattern that is associated with abnormally high temperatures and the worst drought the region has seen in decades, leaving almost 36 million people in need of food assistance. The drought response package announced by the AfDB Group consists of US $5 million in emergency relief and US $361 million in short-...
14-Mar-2016

Speech delivered by President Akinwumi Adesina on the occasion of State Dinner hosted by President Ellen Johnson Sirleaf of the Republic of Liberia - Monrovia, Liberia - March 10, 2016

Your Excellency Ellen Johnson Sirleaf, President of the Republic of Liberia; Your Excellency Joseph Boakai, Vice President of the Republic of Liberia; Your Excellency Alex J. Tyler, Speaker of the House of Representatives; Honorable Ministers, Ambassadors and Heads of Diplomatic missions and International Organizations, distinguished guests, ladies and gentlemen. I wish to thank you, President Johnson Sirleaf, for inviting me to Liberia. And thank you, especially for the singular honor of this State dinner. My staff and I have received very warm reception since we arrived in Monrovia this...
04-Mar-2016

AfDB, World Bank host High-Level Panel on concessions and contracts in the natural resource sector in fragile situations

The African Development Bank (AfDB) and the World Bank jointly hosted a High-Level Panel session on March 3, 2016. The session was part of the World Bank’s Fragility, Conflict and Violence Forum, which took place from March 1-3, 2016 in Washington, DC. The natural resource sector is an important part of Africa’s economic activities, contributing more than 20% of Gross Domestic Product (GDP) in 22 resource-rich countries on the continent. However, fragility presents a major constraint on the extent to which natural resources contribute to equitable and sustainable development on the...
03-Mar-2016

Legacy of Wangari Maathai celebrated on Africa Environment Day, March 3

March 3, 2016 marks Africa Environment Day, which is celebrated in conjunction with Wangari Maathai Day in honour of the late Nobel Laureate’s legacy for environmental conservation. The theme of this year’s Africa Environment Day is “Strengthening women’s access to, and control over natural resources.” Africa Environment Day coincides with World Wildlife Day and raises awareness on the role of women in environmental and natural resource management. This year’s theme is aligned with the 2016 African Union Summit theme of “African Year of Human Rights with a particular...
01-Mar-2016

African Legal Support Facility receives US $22 million from the AfDB

The Africa Legal Support Facility (ALSF) welcomed the announcement from the African Development Bank (AfDB) Group Board of the release of US $22 million to support legal advisory and capacity building initiatives in fragile states under the African Development Fund window. “Strengthened institutions are a catalyst for strong resilient governments,” said the ALSF Director, Stephen Karangizi. “We recognize that there is a great need in the extractive sector for countries in fragile situation to anchor governance related standards as well as incorporate the broader questions of technical...