Switzerland

23-Oct-2019

Seedstars World partners with African Development Bank to propel youth startups and jobs

Seedstars World, a Swiss-based startup competition in emerging markets, and the African Development Bank on Tuesday announced a strategic partnership to implement its innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa. The partnership is in line with the Bank’s entrepreneurship and innovation lab under its Jobs for Youth in Africa (JfYA) strategy. The aim is to create 25 million jobs and equip 50 million young people with skills to enhance their employability and entrepreneurial success by 2025. The strategy will support countries to stimulate...
29-Aug-2019

African Development Bank President to visit the Kingdom of Eswatini

Abidjan, Côte d’Ivoire, August 29 - African Development Bank Group President Akinwumi Adesina arrives in the Kingdom of Eswatini on Saturday for an official visit, which will include a trip to one of the major Bank-funded projects in the country. Adesina will meet with Eswatini Minister of Finance Neal Rijkenberg. “Eswatini is a strategic partner in the African Development Bank’s efforts to accelerate development in southern Africa, and has played a key role in executing two of the Bank’s High 5 priority areas, namely regional integration and feed Africa,...
13-Jun-2019

Switzerland Governor Raymond Furrer on the two bilateral agreements signed during the Bank’s Annual Meetings in Malabo

Q 1. Switzerland just signed  two bilateral agreements for grants with the African Development Bank. Can you tell us about them? Indeed, we signed a CHF 3,000,000 grant to support the Boost Africa/E-lab initiative.  Boost Africa is a joint initiative between the African Development Bank and the European Investment Bank (EIB), and one of the flagship initiatives of the Bank’s Jobs for Youth in Africa strategy. It aims to harness the continent’s potential and create opportunities on the ground. Creating the right enabling environment and strengthening entrepreneurial skills is...
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’...
20-Mar-2018

Africa CEO Forum 2015 : La BAD encourage de véritables réformes pour un environnement des affaires incitatif

La Banque africaine de développement (BAD) a pris une part active au deuxième et dernier jour d’Africa CEO Forum qui s’est achevé le mardi 17 mars 2015 à Genève, avec les interventions  de Solomon Asamoah, vice-président, Infrastructures, Secteur privé et Intégration régionale et de Kodeidja Diallo, directrice du Département du Secteur privé. Ils sont intervenus respectivement dans les panels sur « Doing Business en Afrique : les clés d’une (nécessaire) révolution » et « Accélérer la diversification des sources de financement du secteur privé africain ». Le...
19-Oct-2017

AfDB and OpenOil launch report on how African governments manage extractive resources

The African Development Bank (AfDB) and OpenOil, a Berlin-based financial analysis firm, have jointly produced a report on how African governments use financial models to manage oil & gas and mining projects. The report was launched at the 13th Annual General Meeting of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) in Geneva, Switzerland. Over 150 experts and representatives of international development institutions, governments, civil society and extractives companies attended the launch. These included the World Bank, United Nations...
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...
21-Jan-2016

AfDB presents New Deal on Energy for Africa and the Transformative Partnership on Energy in Davos

“If you want to go fast, go alone. If you want to go far, go together,” said Adesina. The African Development Bank Group (AfDB) presented its New Deal on Energy for Africa, and launched a Transformative Partnership on Energy at the World Economic Forum in Davos, Switzerland, on January 20, 2016. The New Deal on Energy for Africa is a transformative partnership-driven effort with an aspirational goal of achieving universal access to energy in Africa by 2025. To drive and achieve this goal, the African Development Bank is working with governments, private sector, bilateral and...
18-Mar-2015

Donald Kaberuka receives Lifetime Achievement Award at Africa CEO Forum in Geneva

At the CEO Forum 2015 Awards ceremony held on March 16, 2015 in Geneva, the President of the African Development Bank, Donald Kaberuka, received a  "Lifetime Achievement Award" for his contribution to the development of the African continent.  Speaking on the occasion Kaberuka said:  "I accept the prize in the name of the people in this room and out there in Africa, people from the government, civil society and the private sector.  Africa has a long way to go and together we shall go far.”
16-Mar-2015

“Africa is a continent of the future,” AfDB President Donald Kaberuka tells Africa CEO Forum 2015 in Geneva

For a decade, Africa has had a steady growth rate of six per cent. But signals to the contrary are emerging, raising doubts about the continuation of this trend and even leading to pessimism about future years on the part of some analysts. For his part, Donald Kaberuka, President of the African Development Bank (AfDB), does not share this Afro-pessimism. He made this absolutely clear on Monday, March 16 in Geneva at the opening of the Africa CEO Forum 2015. The high-level forum for the continent’s business leaders, leaders from the world of finance and policy-makers is organized by the Paris-...
21-Jan-2015

African Development Bank and MasterCard Broaden Financial Inclusion in Africa

On Thursday, January 22 in Davos, Switzerland, the African Development Bank (AfDB) and MasterCard announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to develop solutions that drive inclusive growth in Africa by broadening access and usage of digital financial services. MasterCard brings proven expertise to design and scale inclusive financial services solutions and infrastructure. The AfDB actively promotes sustainable economic growth and poverty reduction in Africa. Together they will work with African...
21-Mar-2014

Africa CEO Forum 2014: Meeting of African Private Sector Leaders has kept its promises

21/03/2014 - Africa CEO Forum 2014 (Day Three) After three days of intensive and productive discussion, the Africa CEO Forum 2014 closed at midday on Wednesday, March 19 in Geneva. Organized by Groupe Jeune Afrique, in partnership with the African Development Bank (AfDB) and Rainbow Unlimited, this was second meeting of African private sector leaders. Over 700 employers, banks, investors, ministers and journalists took part in discussing the big economic questions in Africa. From the competitiveness of African businesses to the digital revolution, taking into...
18-Mar-2014

Africa CEO Forum 2014: President Donald Kaberuka reiterates his belief in Africa’s emergence

The Africa CEO Forum 2014, one of the most important gatherings of African business leaders officially opened in Geneva on Monday, March 17. The three-day event closes on Wednesday. Organized by the publishing house Groupe Jeune Afrique in partnership with the African Development Bank (AfDB), the second Africa CEO Forum boasted “680 participants, speakers and journalists from more than 38 countries.” This level of participation is already a measure of the success of this year’s Africa CEO Forum, whose mission is to bring together economic actors from French- and English-speaking...
17-Mar-2014

Remarks at the Africa CEO Forum 2014 by the AfDB President Donald Kaberuka

Event: Africa CEO Forum 2014 When there is discussion around the African economy, there are so many different views – and here are four. The first view talks of ‘Africa rising’, whatever that may mean. The second view says yes, Africa may at last be growing fast, but no, this is another false dawn. We have been there before. The third view says that Africa is growing …. but whose Africa? Despite the growth, there are few jobs being created, and few opportunities – in short we are a long way to transformation. The fourth and last view is that Africa is not a country: it is 54 different...
17-Mar-2014

700 Decision-makers to attend Africa CEO Forum 2014

20/03/2014 - Africa CEO Forum 2014 (Day Two) 21/03/2014 - Africa CEO Forum 2014 (Day Three) 19/03/2014 - Africa CEO Forum 2014 (Day One) Meeting of African Private Sector Leaders has kept its promises After three days of intensive and productive discussion, the Africa CEO Forum 2014 closed at midday on Wednesday, March 19 in Geneva. Organized by Groupe Jeune Afrique, in partnership with the African Development Bank (AfDB) and Rainbow Unlimited, this was second meeting of African private sector leaders. Over 700 employers, banks, investors, ministers and...
11-Jul-2013

At WTO Meeting on Aid for Trade in Geneva, AfDB President Presents the Africa50 Infrastructure Fund

Highlights of the Conference At the invitation of the World Trade Organization, African Development Bank Group President Donald Kaberuka participated in the opening day of the 4th WTO Global Review of Aid for Trade (AfT) on July 8 in Geneva. The AfT review took place from July 8-10 under the theme “Connecting to value chains”. The global review is the pre-eminent forum for discussing trade and development issues and brought together numerous Ministers, Heads (or Deputy Heads) of International Organizations and private sector leaders to discuss how Aid for Trade can help firms in...
08-Jul-2013

Africa and the Global Value Chain: Time to Raise the Bar - AfDB President Donald Kaberuka

Event: World Trade Organization’s Fourth Aid for Trade Global Review I come here from Tanzania, where we were meeting with President Obama who has been visiting Africa in the last ten days. This is one of the things he said in Cape Town – quite pertinent to what we are doing here. I quote: Many of the fastest-growing economies in the world are here in Africa, where there is an historic shift taking place from poverty to a growing, nascent middle class. Fewer people are dying of preventable disease. More people have access to health care. More farmers are getting their products to...
07-Jul-2013

Aid for Trade: Asia’s Experience and Dialogue with Africa - Keynote address by the AfDB President Donald Kaberuka

Event: World Trade Organization’s Fourth Aid for Trade Global Review It is a great honor to speak at this side-event organized jointly by the Government of Japan, the Royal Government of Cambodia and the Asian Development Bank. The African Development Bank enjoys long standing and fruitful relations with many Asian countries. Indeed Japan, China, India and Republic of Korea, are shareholders in our Bank and have partnered with the Bank in various ways to help promote Africa’s development. The Bank manages the Japan Enhanced Private Sector Assistance for Africa initiative and...
29-Jan-2013

President Kaberuka Stresses Investment in Human Capital at World Economic Forum

On the sidelines of the World Economic Forum, which took place last week in Davos, Switzerland, African Development Bank Group President Donald Kaberuka emphasized that building human capital is essential for the African continent to achieve inclusive growth and economic transformation. World leaders gathered from January 23 to 27 at the WEF annual meeting to discuss this year’s theme of “resilient dynamism”, which President Kaberuka noted is particularly relevant in the African context. In an interview on January 24, Kaberuka stressed that the biggest challenges facing in African...
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...