Press Releases

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World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators

18-oct-2019 - The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies.

African Development Bank inks €12.5 million deal with Adiwale Fund for SMEs

18-oct-2019 - The African Development Bank on Thursday signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in francophone West Africa. The Bank Group’s board of directors approved the investment in March as part of its commitment to grow  SMEs and improve livelihoods in countries underserved by the global equity market.

2019 Global Gender Summit plans to tackle the constraints to gender equality

18-oct-2019 - Rwanda is preparing to welcome women from all over the world for the first Global Gender Summit to be held in Africa. At a press conference on 18 October in the capital Kigali, the organizers laid out plans for the event. “We believe that GGS 2019 will be an opportunity to share best practices from all participants so that we accelerate progress on gender equality and women’s empowerment in Africa and around the world,” said Rwanda’s Minister of Gender and Family Promotion, Soline Nyirahabimana.

Angola: African Development Bank approves $1 million grant to children’s food and nutrition security programs

18-oct-2019 - The African Development Bank has approved a grant of $1 million to boost a children’s food and nutrition security program in Bié province in Angola. The resources are from a special relief fund to the government of Angola, in response to a prevailing drought that has caused severe malnutrition. The grant was approved on 23 September.

Creating Africa’s next generation of development experts: African Development Bank calls on young professionals to join its ranks

17-oct-2019 - The African Development Bank has issued a call to young people who are interested in joining the continent’s premier finance institution. The Bank has opened applications for its Young Professionals Program, which offers a unique opportunity to young people with a passion for development to participate in offering lasting solutions to social, economic and environmental challenges.

Prepare for the agriculture of tomorrow, African Development Bank President challenges high school students at global symposium

17-oct-2019 - Young people from around the world gathered in Des Moines Iowa at the Global Youth Institute on Thursday to interact with Nobel and World Food Prize laureates. This year, 450 exceptional high school students from 10 countries attended the three-day Global Youth Institute hosted by the World Food Prize Foundation to facilitate discussion on pressing food security and agricultural issues.

L’Africa Investment Forum 2019 : la Banque africaine de développement et ses partenaires visent de nouveaux sommets

17-oct-2019 - Dans quelques semaines, l’Africa Investment Forum (AIF), organisé par la Banque africaine de développement, retrouvera Johannesburg, en Afrique du Sud, pour une deuxième édition soutenue par la détermination des institutions du développement à relever les défis du financement des infrastructures afin d’accélérer la transformation économique du continent.

Infrastructures agricoles : La Banque africaine de développement accompagne le Gabon pour changer la donne

15-oct-2019 - La Banque africaine de développement a assuré le Gabon de son plein soutien au Projet d’Appui au Programme GRAINE phase 1 (PAPG 1) lors d’une cérémonie vendredi 4 octobre dernier à Libreville, en apportant notamment des financements économiques et sociaux dans les domaines de l’eau, l’électricité, la santé ainsi que des infrastructures agricoles.

Africa Investment Forum 2019: USA roadshow generates strong interest

15-oct-2019 - More than 30 U.S pension fund managers, private sector CEOs and institutional investors have signaled their strong interest in participating in the second Africa Investment Forum, scheduled to take place from 11-13 November 2019, in Johannesburg, South Africa. The Africa Investment Forum is an innovative investment marketplace spearheaded by the African Development Bank to attract capital for investment on the African continent.

Tunisie : la Banque africaine de développement accorde 138 millions d’euros à la STEG pour le réseau d’électricité et les énergies renouvelables

15-oct-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, le jeudi 9 octobre, un financement total de 138 millions d’euros en faveur de la Société tunisienne d’électricité et gaz (STEG) afin de mettre en œuvre le projet d’aménagement et d’équipement du réseau de transport d’électricité (PAERTE). Ce financement comprend un prêt de la Banque de 108 millions d’euros et des ressources mobilisées auprès du fonds « Africa Growing Together Fund » (AGTF), d’un montant de 30 millions d’euros.

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

14-oct-2019 - 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.

Madagascar : la Banque africaine de développement lance le Programme de financement des risques de catastrophe en Afrique

14-oct-2019 - La Banque africaine de développement, en partenariat avec le gouvernement de Madagascar et la Mutuelle panafricaine de gestion de risques (ARC), a lancé, ce jeudi 10 octobre, le cas malgache du Programme de financement des risques de catastrophe en Afrique (ADRiFi).