Press Releases

Displaying 37 - 48 of 3596

La Banque africaine de développement exclut Lutoyilex Construct Ltd et son directeur général pour une durée de 36 mois pour pratiques frauduleuses

16-juil-2019 - 16-juil-2019 - Abidjan, Côte d’Ivoire, 16 juillet 2019 - Le Groupe de la Banque africaine de développement a annoncé, ce 16 juillet 2019, l’exclusion pour une durée de 36 mois, de Lutoyilex Construct Limited, une entreprise de construction immatriculée au Nigeria ainsi que celle de de son directeur général, M. Bamidele Obiniyi (également connu sous le nom de M. Bamidele Abayomi).   Une enquête menée par le Bureau de l’intégrité et de la lutte contre la corruption de la Banque a révélé que Lutoyilex Construct Limited, s’est livrée à des...

African Development Bank, African Institute for Mathematical Sciences Next Einstein Initiative sign MOU to strengthen capacity in mathematics and science across the continent

15-juil-2019 - 15-juil-2019 - Abidjan, Côte d’Ivoire, 15 July 2019 - The African Development Bank and the African Institute for Mathematical Sciences Next Einstein Initiative (AIMS-NEI), signed a Memorandum of Understanding on Monday to strengthen education, training and research in mathematical sciences in Africa. “Africa must not sit on the sidelines as others create technology and we consume it. If we want to leverage AI and other cutting edge technologies and compete globally, we must train researchers and engineers who create the equations and...

Call for Abstracts: 6th International Symposium on Knowledge and Capacity for the Water Sector

15-juil-2019 - 15-juil-2019 - ABIDJAN, Cote d’Ivoire 15 July 2019 - The African Development Bank is joining the IHE Delft Institute for Water Education, the Asian Development Bank, UN Habitat and other development partners, in preparing the 6th International Symposium on Knowledge and Capacity for the Water Sector, themed: From Capacity Development to Implementation Science. The Symposium will take place from 27-29 May 2020 in Delft, the Netherlands and convene key stakeholders to explore the skills, knowledge and attitudes needed by water professionals...

Angola, African Development Bank and Portugal Sign Lusophone country-specific compact to fast-track private sector investment

15-juil-2019 - 15-juil-2019 - © Rodrigo Subtil / Camões, I.P.  L to R: H.E. Teresa Ribeiro, Secretary of State for Foreign Affairs and Cooperation, Alternate Governor for Portugal, Hon. Pedro Luís da Fonseca, Minister of Economy and Planning, Alternate Governor for Angola and Mateus Magala, Corporate Services and Human Resources Vice President and Chair of the Lusophone Compact Steering Committee.   Luanda, Angola, 15 July 2019 –Angola is the latest African Portuguese speaking country to sign a country specific memorandum of understanding for the...

African Development Bank approves new financing program for energy providers, 4.5 mln people in sub-Saharan Africa to benefit from off-grid power by 2025

12-juil-2019 - 12-juil-2019 - Abidjan, Côte d’Ivoire, July 12, 2019 – The Board of Directors of the African Development Bank Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan Africa – about 4.5 million people -  gain access to solar power by 2025. The DESCOs Financing Program promotes securitization financing techniques to address barriers to accessing finance for DESCOs, while supporting their growth and expansion into existing and new...

Le Conseil d’administration approuve les recommandations du Mécanisme indépendant d’Inspection sur le Projet M3 « Diversification des activités du moulin moderne du Mali »

12-juil-2019 - 12-juil-2019 - Abidjan, Côte d’Ivoire, le 10 juillet 2019 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD), en sa séance du 10 juillet 2019, a approuvé les recommandations du Mécanisme indépendant d’inspection (MII) contenues dans son premier rapport d’étape du projet « Diversification des Activités du Moulin Moderne du Mali » (M3). Au même moment, le Conseil a demandé à la Direction de la Banque, de soumettre des rapports semestriels de supervision sur l’état d’avancement de la mise en œuvre du plan d’...

La Banque africaine de développement soutient le démarrage du Marché financier unifié d’Afrique centrale

12-juil-2019 - 12-juil-2019 - Abidjan, 10 juillet 2019 - La Banque africaine de développement (BAD) réunit les acteurs du marché financier régional en Afrique centrale pour promouvoir le démarrage du Marché financier unifié d’Afrique centrale, le 15 juillet à Douala au Cameroun. Les spécialistes en valeurs du trésor, les Trésors, la Banque centrale et les organes de supervision, se réunissent du 15 au 17 juillet pour finaliser les textes portant approfondissement et développement du marché des valeurs du trésor ainsi que son impact économique et financier...

Green Climate Fund announces $20m for African Development Bank’s Affirmative Finance Action for Women in Africa’s climate resilience project in Ghana

11-juil-2019 - 11-juil-2019 - ABIDJAN, Cote d’Ivoire, 11 July 2019 - The Green Climate Fund has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sector. The funds will go to the “Financing Climate Resilient Agricultural Practices in Ghana” project, following approval by the Green Climate Fund board at a meeting held 6 - 8 July 2019 in Songdo,...

African Union summit: Niger’s President calls for strong support to the Bank’s General Capital Increase and African Development Fund’s Replenishment

11-juil-2019 - 11-juil-2019 - Niamey, Niger, 08 July 2019 – In his opening remarks at the plenary session of the Regional Economic Communities (RECs) meeting, in Niamey, the President of Niger, Mahamadou Issoufou, commended the African Development Bank for its highly valuable contributions to bringing the launch of the African Continental Free Trade Area agreement (AfCFTA) into fruition. President Issoufou called for strong support to the African Development Bank’s quest for a General Capital Increase, “that will help accelerate the continent’s development...

Africa Investment Forum 2019: African Development Bank delegation presents opportunities at Japan roadshow

11-juil-2019 - 11-juil-2019 - Abidjan, Côte d’Ivoire, 11 July, 2019 -  Japanese companies and investors were presented with a range of investment opportunities in Africa as the African Investment Forum continued a roadshow to showcase the  Forum as an innovative investment marketplace for attracting capital for projects on the continent. African Development Bank officials met with business community leaders and government officials in Tokyo, Japan, from 3-5 July to familiarize them about the upcoming edition of the Forum, scheduled for 11-13 November 2019,...

Africa Investment Forum 2019: Nigeria expected to be major player

10-juil-2019 - 10-juil-2019 - ABUJA, Nigeria 10 July 2019 - Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja. Following the hugely successful inaugural edition held last year, the African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November. The Nigerian roadshow, held 9th July,...

African Development Bank, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development

09-juil-2019 - 09-juil-2019 - Abidjan, Cote d’Ivoire, 09 July, 2019 - The African Development Bank and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa. The signing took place on Sal Island on 1 July, between Olavo Correia, Vice Prime Minister and Minister of Finance of Cabo Verde, Helena de Paiva, Portugal’s Ambassador to Cabo Verde; and Moono Mupotola, the Bank’...