United Kingdom

22-Oct-2016

“Africa’s Next Growth Chapter: Building Resilience and Reducing Fragility” - Keynote speech delivered by AfDB President Akinwumi Adesina at the Royal African Society Annual Lecture, October 21, 2016, London

Good evening everyone. And thank you, Zeinab Badawi, for that very warm introduction. You all know she is a fantastic media personality, from her famous shows on “Hard Talk”. Well, I sure hope she will not be so hard on me today! I am deeply honoured to be invited to speak to you today, for this year’s Annual Lecture of the Royal African Society. I am particularly thankful to Richard Dowden, Director of the Royal African Society, his Board and their entire team for organizing this Annual Lecture, with the theme: “Africa’s Growth Story: A New Chapter”. I applaud the work and contributions...
04-Oct-2016

Adesina Urges African Countries To Seize New Investment Opportunities

 Good morning everyone. I am delighted to be here today with you all at this Third Financial Times Africa Summit 2016. It is great to see such an array of global thought leaders and partners in the development of Africa in this room today. I wish to especially thank Lionel Barber, Editor of the Financial Times and the Board of Financial Times for the invitation to speak at this Summit. As President of the African Development Bank – Africa’s Development Bank of choice – nothing excites me more than sharing my perspectives on Africa: a continent of great hope and opportunities....
17-Nov-2015

AfDB-funded conference on African Public Private Partnerships concludes in London

On November 11, 2015, the African Development Bank-funded conference on African Public Private Partnerships (PPPs) concluded in London with a strong call on governments and private sector representatives to continue their efforts to scale up infrastructure investments especially in the energy, transport and water sectors in Africa. The two-day conference, which is now its seventh year, was organised by AMETrade to promote infrastructure development and stronger PPP practices and partnerships in Africa. It was attended by 150 delegates and 32 speakers from 16 countries. In a panel...
10-Nov-2015

AfDB sponsors training on project finance for Public Private Partnerships in London

On Monday, November 9, 2015, the African Development Institute (EADI) and AMETrade co-organized a training on project finance for public private partnerships (PPPs) in London, United Kingdom. The training was targeted at government officials, private sector representatives as well as financiers and PPP experts. Over 75 participants representing government agencies, investment banks participated in the one-day training designed to familiarize them with key concepts to implement and finance PPPs in Africa. In her introductory remarks, AfDB Private Sector Director Kodeidja Diallo stressed...
28-Sep-2015

Energizing Africa’s future, benefiting the world

African Development Bank Group (AfDB) President Akinwumi Adesina delivered an impassioned speech to high-level leaders Sunday morning about why putting all of Africa on the power grid is not only good for the continent, but also for the world. “The private sector is frozen in time,” he said, and “the lack of energy has put the brakes on Africa’s industrialization.” That stunted internal development prevents the continent’s 54 resource-rich nations from attracting the external investment that would allow everyone to prosper. He told the crowd that now is the time to push past the days...
19-Jun-2015

African Development Bank promotes gender equality in the media through ‘Women’s Rights in Africa’ Award

The African Development Bank, in collaboration with UK-based One World Media, has just awarded the first ‘Women’s Rights in Africa’ Media Award. On June 18, 2015 in London, the first award was given to filmmaker Rosa Rogers for her documentary film “Casablanca Calling”, produced by independent production company Redbird. The award – designed to promote gender equality through the media – was presented by Joel Kibazo, the Bank’s Director of Communications and External Relations. “Casablanca Calling” is an intimate portrait of three female religious leaders, based in Morocco. Their stories...
12-Feb-2014

Ending the Ivory Bloodshed - AfDB President Donald Kaberuka

Event: Conference on Illegal Wildlife Trade I join those who preceded me to commend the UK Government, The Prince of Wales, the Duke of Cambridge, and Prince Harry for this landmark initiative. This morning the Chair said, and I quote: “This is the time for political will, global leadership and resources to deal with this threat.” We can all endorse that conclusion. We know the problem. Illegal wildlife is now a definite threat to African development and sustainability. We know the possible solutions. They are contained in the declaration before us today. We know what must now be done...
14-Jun-2013

Remarks at the G8 Event on Trade, Tax and Transparency by the AfDB President Donald Kaberuka

Event: G8 “Open for Growth” Pre-Summit Event Let me begin by thanking Prime Minister David Cameron and the Government of the UK for this invitation, and for associating the African Development Bank in this engagement on the key items on the G8 agenda. I have been requested to share on what the agenda on trade, transparency and tax means for African economies and their potential in unlocking Africa’s economic muscle. Let me say at the outset that nations throughout the world, throughout history, have prospered through trade and investment. This applies, even to those rich in natural...
06-May-2013

Re-engaging with Somalia: Empowering Somalis to Take the Lead - AfDB President Donald Kaberuka

Event: International Conference on Somalia Let me begin by expressing our thanks to the Governments of Somalia and the United Kingdom for organising this Conference. This is very timely and I can endorse much of what was said this morning. Somalia has a long way to go. But Somalia has also come a long way. After two decades of chaos, bloodletting and mayhem, Somalia is seeing the end of the tunnel. Together, we have a unique opportunity to help Somalia get on the path of irreversible and durable peace and stability, not only for Somalia but indeed the entire region – the Greater Horn...
11-Mar-2013

Is Africa’s Growth Reaching the People? - AfDB President Donald Kaberuka

Event: Royal African Society Business Breakfast It is a privilege to be here once again at the Royal African Society. Thank you Mark and Richard for giving me the opportunity. You have asked me to speak about the quality of growth in Africa in recent years. It is an important question for us, indeed for the emerging countries too. I would like to address this from the perspective of equity; opportunity; public policy; economic transformation; and political inclusion. Africa rising There is now a broad consensus that with the exception of countries in or emerging from conflicts most...
21-Mar-2012

AfDB to host the Friends of Zimbabwe Roundtable in Tunis

The African Development Bank (AfDB) will host the Friends of Zimbabwe Roundtable, to discuss economic and political developments in the country on 23 March. The meeting will also focus on the prospects of dealing with the country's external debt arreears.  The presentation of the Zimbabwe Accelerated Arrears, Debt and Development Strategy (ZAADDS) is a useful framework to address the issue of Zimbabwe’s external debt. ZAADDS is a key element of the government’s economic reform agenda. “It is clear that Zimbabwe cannot rehabilitate its infrastructure and move forward with its socio-...
04-Mar-2010

Bank Group President Attends African Regional Integration Conference in London

The African Development Bank (AfDB) Group President, Donald Kaberuka, will, on Thursday, March 4, 2010, attend the Joining Up Africa Conference on Regional Integration scheduled to take place in London, England. The conference aims at enabling African institutions, donors, investors, businesspeople and other stakeholders figure out how to work together in a more effective manner with a view to maintaining momentum in efforts at attaining greater regional integration in Africa.    The conference will bring together high level government officials, as well as representatives of...
20-Jan-2010

First AfDB “Dealer Event”, in London

Thierry de Longuemar, Vice-President, Finance, AfDB The Bank organized its first “dealer event” in London on January 20, 2010, reflecting its increased borrowing activities on the capital markets. The purpose of the event was to appraise the investment banking community of AfDB’s funding strategy and requirements for 2010 and raise the Bank's profile in the capital markets. It also provided an opportunity to thank capital market players for their continued support to the Bank in its funding efforts and to facilitate a better understanding of the Bank’s credit story and strengthen its...
23-Jul-2009

Conference on Managing Risk in Africa: Responding to Political, Social and Economic Challenges

How are prospects for prosperous and stable societies in Africa impacted by perceptions of risk among international investors? How can risk in the economic, social and political fields be reduced? How can a stable investment climate be created to attract inward investment in sub-Saharan Africa? What risk, such as consequences of elections and competition for power, need to be taken into account? A conference organized by Wilton Park, an academically independent and non-profit-making Executive Agency of the British Foreign and Commonwealth Office. Donald Kaberuka, President, African...
16-Jun-2008

Launch of the Congo Basin Forest Fund - Keynote Address by AfDB President Donald Kaberuka

Event: Launching Ceremony of the Congo Basin Forest Fund We, at the AfDB, are pleased to play the role expected of financial custodian of this basket fund for the world’s second largest forest, not only home to millions of people, but also biodiversity including over 10,000 plant species. The survival of this delicate ecosystem is critical for us all and I can only say that at the AfDB we take such endeavour seriously. Everyone knows Africa emits the least greenhouse gases and suffers the most. Forest loss and degradation of the Basin would add more carbon emissions to the atmosphere...
13-Dec-2007

Record Level of Support for the African Development Fund (ADF)

London, 11 December 2007 – Representatives from donor countries agreed today to a record level of support for the African Development Fund (ADF), the soft window of the African Development Bank.  Over the next three years (2008-2010), the total resources available to the ADF will reach US$ 8.9 billion, an increase of 52% over the 2005-2007 period. Representatives endorsed the focus of the ADF on infrastructure, governance and regional integration, major constraints to growth and poverty reduction in Africa and areas where the ADF has extensive experience and a good track record....
11-Dec-2007

UK Urges International Community to Increase Aid to Africa

UK Minister for International Development, Shriti Vadera, on December 10, 2007, addressed the ADF-11 replenishment meeting in London. Following on from the UK decision to double its contribution to the ADF, Ms Vadera used the occasion to ask the donor community to similarly increase their commitments to development in Africa and to the AfDB in particular. Economic growth in Africa is presently averaging more than at any time since the 1970’s, however, as the speech outlined, there remain many challenges to sustain this level of growth and to utilize it effectively to significantly reduce...
27-Nov-2007

UK Doubles Contribution to African Development Fund

"This is historical and demonstrates confidence in the AfDB", says President Donald Kaberuka. Tunis, 27 November 2007 - The United Kingdom announced on Tuesday, 27 November 2007 that it is doubling its contribution to the 11th replenishment of the African Development Fund (ADF XI), the first shareholder to do so. The UK contribution will be £417 million, approximately US$ 863 million, and effectively twice the amount of its contribution from the previous replenishment. Douglas Alexander the UK International Development Secretary made the announcement whilst on a visit to Tanzania...
14-Mar-2007

Development banks urge partnership with private sector on climate change and set up working group on Fragile States

Multilateral Development Banks urged public and private institutions to work together more closely to meet future energy needs and combat climate change.  "Only in the context of a genuine public-private partnership can we create the conditions for investments that will meet the world’s demands for energy in an environmentally sustainable way", the heads of the MDBs and the International Monetary Fund said on Tuesday. The heads of the MDBs – the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, the European Bank for Reconstruction and...