Partnerships

14-Oct-2019

African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa

The African Development Bank, in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa. CGC will identify and work with six African countries to conduct feasibility studies for the project, which was initiated at the Green Bank Design Summit held in Paris in March 2019. The Summit tasked 23 developing countries to craft a new model to mobilise and accelerate investment in clean energy. Andrea Colnes, Director of Global Green Bank...
28-Aug-2019

TICAD7: PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

“We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity.” - Adesina urges. Yokohama, Japan, 28 August 2019 – The Sasakawa Association will work with the Japan International Cooporation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7.  “Japanese technology can play a key role in innovation which is key to agriculture,” Prime Minister Shinzo Abe told delegates...
11-Jul-2019

Standard Chartered Hosts Regional Correspondent Banking Academy in collaboration with the African Development Bank

Johannesburg, South Africa, 11 July 2019 – The African Development Bank lent its support to Standard Chartered Bank’s Regional Correspondent Banking Academy, aimed at promoting responsible financial inclusion and fostering a collaborative approach to managing financial crime risk within Standard Chartered Bank’s correspondent banking portfolio.  The two-day workshop, held in Johannesburg, South Africa, from 2-4 July, was attended by regulators, multi-lateral institutions as well as senior business and compliance officers from key correspondent banking clients across Africa....
28-Jun-2019

La BAD acteur de la sauvegarde de l’environnement pour de meilleures conditions de vie en Afrique

La pollution atmosphérique est responsable d'environ 7 millions de décès par an, le plus grand nombre de décès étant enregistré dans les zones urbaines. En Afrique, on estime à 90%, la population exposée à la pollution de l'air intérieur, en raison de sa dépendance à l'utilisation de sources d'énergie issues de la biomasse pour la cuisson, l'éclairage et le chauffage (Source : Worldenvironmentday). Ces questions étaient au cœur des débats de...
24-Jun-2019

African Development Bank calls for boost to private sector investments as well as fiscal and debt sustainability at T20 Summit in Tokyo

Sound policies to improve investor interest and address fiscal sustainability concerns in Africa were key points made by Director General of the Bank’s Southern African Bureau, Kapil Kapoor during the Think20 (T20) conference held in Tokyo Japan on 26-27 May.  The T20 Summit convened top policy experts to detail innovative T20 Japan policy solutions for consideration during the G20 Leaders’ summit in Osaka on 28-29 June. As Lead Co-Chair of the Cooperation with Africa Task Force, Kapoor presented policy briefs covering fiscal and debt sustainability and the G2O Compact with Africa...
24-Jun-2019

African Development Bank welcomes EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)

The African Development Bank announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took place in Lisbon, Portugal from 11-14 June. The Bank, the European Commission, in partnership with Lion’s Head Global Partners and Fieldstone and the Lusophone Renewable Energy Association, presented the Facility to participants at the Forum. FEI is a $500 million...
21-Jun-2019

World Circular Economy Forum 2019: Africa wants to go green

On 3-5 June, 2019, the third annual World Circular Economy Forum (WCEF) 2019 in Helsinki, Finland, organised by the Finnish innovation fund Sitra, brought together over 2,200 of the world’s top business leaders, policymakers, researchers and innovators from more than 90 countries to work towards implementing a circular economy. [row] [column md="7"] This year’s forum included a dedicated session on Africa to discuss the goal of scaling up the circular economy in the continent. Almost 70 African representatives from different parts of the continent attended the...
20-Jun-2019

MDB climate finance hit record high of $43.1 billion in 2018

Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018, boosting projects that help developing countries cut emissions and address climate risks. This represents an increase of more than 22 per cent from the previous year, where climate finance totalled $35.2 billion. The latest MDB climate finance figures are detailed in the 2018 Joint Report on Multilateral Development Banks’ Climate Finance, which combines data from the African Development Bank, the Asian...
19-Jun-2019

Le chef de l’Etat congolais, Félix Tshisekedi, et le président de la Banque africaine de développement, Akinwumi Adesina, animent un forum sur le secteur privé

Dans le cadre de la visite officielle de quatre jours du président du Groupe de la Banque africaine de développement, Akinwumi Adesina, en République démocratique du Congo (RDC), les opérateurs économiques congolais ont débattu, le 18 juin 2019 à Kinshasa, des opportunités d’investissements. Les secteurs majeurs visés étaient l’agriculture, l’énergie, les mines, l’hydrocarbure, le tourisme et l’éducation. Ils ont également présenté la « vision stratégique » du patronat qui peut se résumer comme suit : diversification économique et mobilisation de ressources. Le président de...
19-Jun-2019

Deuxième jour en RDC du président Adesina : dialogue stratégique avec les membres du gouvernement pour insuffler une dynamique au partenariat

Insuffler une nouvelle dynamique au partenariat bilatéral entre la Banque africaine de développement et la République démocratique du Congo (RDC), et explorer des pistes susceptibles de renforcer la croissance économique du pays. Tels sont les deux objectifs du dialogue stratégique organisé entre la Banque et les membres du gouvernement congolais (Ministres des finances, du budget, de l’agriculture, des PME, de l’énergie, du transport, des mines, du plan, de la santé et du développement rural), à l’Hôtel-Fleuve-Congo, à Kinshasa. Se félicitant de la contribution de la Banque africaine de...
13-Jun-2019

Switzerland gives 3.2 million Swiss francs to African Development Bank’s ‘Boost Africa’ E-Lab and urban development fund

The State Secretariat for Economic Affairs of the Government of the Swiss Confederation (SECO) and the African Development Bank on Thursday signed two agreements to fund African initiatives on the sidelines of the Bank’s 2019 Annual Meetings. SECO contributed 3 million Swiss francs to the Entrepreneurship Lab (E-Lab) for innovative young entrepreneurs and 200,000 Swiss francs to the Urban & Municipal Development Fund for Africa (UMDF), which helps African cities plan and manage urban growth and climate-resilient development by improving governance and basic services. “These days it’...
05-Jun-2019

Le chef de la diplomatie portugaise, Augusto Santos Silva, en visite au siège du Groupe de la Banque africaine de développement

« Nous sommes conscients que l'avenir de l'Europe dépend de celui de l'Afrique et des relations d’interdépendance et de complémentarité entre les deux continents voisins. Nous entretenons des relations très étroites avec ce continent que nous considérons comme une priorité », a déclaré Augusto Santos Silva, ministre portugais des Affaires étrangères, le 29 mai 2019, au siège de la Banque africaine de développement, à Abidjan. Il a insisté sur la nécessité d'investir en Afrique dans le cadre d'un programme participatif at gagnant-gagnant. Le ministre, qui dirigeait une délégation...
21-May-2019

Côte d'Ivoire: ADEA, the Didier Drogba Foundation and Education Ministry sign MoU to promote digital literacy in Africa

The Association for the Development of Education in Africa (ADEA) hosted by the African Development Bank, the Didier Drogba Foundation (FDD) and the Ministry of National Education, Technical and Vocational Training (MENETFP) on 08 May 2019 signed a deal to promote digital literacy in Africa. The KALAAN initiative involves sensitizing public bodies and development partners to prioritize literacy. It will educate the target populations on development issues such as citizenship, health and financial inclusion through special literacy programs. The signing took place at the Ministry's...
21-May-2019

KTIPA - 2010 - Memorandum of Understanding between the Korea Trade-Investment Promotion Agency and the AfDB and the ADF

20-May-2019

Chad: African Development Bank President pledges deeper cooperation, urges donor support for energy sector

African Development Bank President Akinwumi Adesina, on 17 May  2019, pledged to deepen cooperation between his organization and Chad, to help the central African nation to meet critical development financing needs. At a meeting with Chadian President Idriss Deby in the landlocked country’s capital, N’Djamena, Adesina also called on development partners to support Chad’s energy sector to increase power generation capacity to 400 megawatts per year, from less than 100 megawatts currently. "The Bank will provide budgetary support to Chad in 2020 and 2021," said President Adesina,...
16-May-2019

Tunisie : 120 millions d’euros de la Banque africaine de développement pour moderniser le secteur financier

Le Conseil d’administration de la Banque africaine de développement a approuvé un financement de 120 millions d’euros pour mettre en œuvre la seconde phase du Programme d’appui à la modernisation du secteur financier (PAMSFI II) en Tunisie. A travers l’appui au secteur financier dans son rôle de financement de l’économie, en faveur notamment des populations et acteurs économiques vulnérables, cette opération a pour but de favoriser les conditions nécessaires pour une croissance économique forte, résiliente et inclusive. « Avec le PAMSFI II, nous consolidons les acquis avec plus de 389...
30-Apr-2019

UN Secretary General, African Development Bank President agree to strengthen ties and push development agenda in Africa

Development impact on the continent and security in the Sahel were among the top issues discussed in a recent meeting between United Nations Secretary General António Guterres and African Development Bank President Akinwumi Adesina in New York. Both leaders agreed that current efforts must succeed in Africa, or risk failing globally, and emphasized the need for deeper collaboration between their institutions to achieve the Sustainable Development Goals. Guterres signaled his strong support for the African Development Bank’s flagship ‘Desert to Power’ initiative, which is...
29-Apr-2019

Japan: Pre-TICAD7 Seminar - Financing for Project Implementation and Infrastructure and Energy Investment Opportunities in Africa

The African Development Bank and the Japan International Cooperation Agency (JICA) will organize a Pre-TICAD 7 Seminar on Thursday 14 February 2019 in Tokyo, on the theme: Financing for Project Implementation, Infrastructure, and Energy Investment Opportunities in Africa. While African economies have continued to maintain growth with gross domestic product reaching an estimated 3.5% and expected to rise to 4% in 2019, the demands of rising population, rapid urbanization, and consumer demands are affecting this growth. The continent requires between US$130 to US$170 billion a year for...
12-Apr-2019

African Development Bank Hails Canada’s US$1.1 billion pledge in callable capital support

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank. Canada’s announcement, to be approved by the Bank’s governors, was made by Maryam Monsef, the Canadian Minister of International Development and for Women and Gender Equality. “I am happy to say that today, Canada is demonstrating its commitment to African countries and our confidence in the African Development Bank by announcing that we are going to subscribe up to US$ 1.1 billion in temporary callable capital, if...
09-Apr-2019

African Development Bank President makes strong case for increased U.S. investment in Africa

Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwumi Adesina, said “It is time to turn around the declining investments of the U.S. in Africa. As the world’s private sector leader, the United States has a unique role to play in increasing investments in Africa and expanding opportunities for the U.S. private sector". Acknowledging continued U.S. support for Africa, Adesina said “ Now is the time to scale up and take...