African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank Group Annual Meetings: Regional cooperation, structural reforms key to economic transformation

Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank is attending the 2018 Annual Meetings of the African Development Bank Group in Busan, Korea

Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank, during his address at the 2018 Annual Meetings of the African Development…

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    • Korea is a model for Africa’s industrialization, says President Adesina (1)
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    • Korea is a model for Africa’s industrialization, says President Adesina (3)
    • Korea is a model for Africa’s industrialization, says President Adesina (4)
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Source: African Development Bank Group (AfDB) |

Korea is a model for Africa’s industrialization, says President Adesina

Young Africans should be trusted and supported to drive the continent’s industrialization

The 53rd Annual Meetings of the African Development Bank (www.AfDB.org) opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial revolution. Participants also advocated for a balance between the role of the State and…

Source: African Development Bank Group (AfDB) |

African Development Bank and United Nations Industrial Development Organization (UNIDO) join forces to accelerate Africa’s industrialization

Collaboration has also been initiated for the establishment of staple crop processing zones in a select number of African countries

The African Development Bank (AfDB) (www.AFDB.org) and the United Nations Industrial Development Organization (UNIDO) (www.UNIDO.org) signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization. “The Bank launched in 2016 its Industrialization Strategy for Africa 2016-2025, which was the outcome of collaborative…

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    • Africa Investment Forum: Where opportunities & capital collide
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    • Africa Investment Forum endorsed as a game changer for financing Africa’s infrastructure development (1)
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    • Africa Investment Forum endorsed as a game changer for financing Africa’s infrastructure development (9)
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum endorsed as a game changer for financing Africa’s infrastructure development

The Bank and the Government of Gauteng Province on Tuesday signed a memorandum of agreement to host the inaugural edition of the Africa Investment Forum from November 7 to 9, 2018 in Johannesburg, South Africa

By 2050, just 32 short years from now, Africa’s growing population will tip the scales at a whopping 2 billion, with a youth of 840 million. In the process, the continent will overtake the populations of China and India combined.  Financing Africa’s development needs will require an estimated US $600-700…

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Source: African Development Bank Group (AfDB) |

PHOTO NEWS RELEASE: South Africa says country ready to host 2018 Africa Investment Forum

Gauteng Province will host the Bank’s inaugural forum from November 7-9, 2018 at the Sandton Convention Center in Johannesburg

The Gauteng Province in South Africa has endorsed the African Development Bank’s (www.AfDB.org) November 2018 Africa Investment Forum  (www.AfricaInvestmentForum.com) as a world-class initiative that is uniquely positioned to transform the continent’s development landscape. Gauteng Province will host the Bank’s inaugural forum from November 7-9, 2018 at the Sandton Convention Center in Johannesburg.…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Annual Meetings of the Boards of Governors of the African Development Bank Group: “Accelerating Africa’s industrialization”

21 – 25 May 2018, Busan Exhibition Conference Center, Busan, Republic of South Korea

The 53rd Annual Meeting of the Board of Governors of the African Development Bank and 44th Meeting of the Board of Governors of the African Development Fund (http://www.AfDB.org/am), the concessional arm of the Bank Group, are scheduled to take place from May 21-25, 2018 in Busan, Korea. While Africa has…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank at the centre of “a great Africa moment”: North African Governors

“Africa is the continent of the future.” – Tunisian Finance Minister Zied Ladhari

“This is no longer business as usual,” African Development Bank President Akinwumi Adesina (www.AfDB.org), said at the start of meetings with Finance Ministers from North African countries, held at the Bank’s headquarters. He was referring to his promise during last year’s Annual Meetings to cultivate closer interactions with the ministers…

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    • In a historic first, East African Governors of the African Development Bank met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region
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Source: African Development Bank Group (AfDB) |

East African Ministers share African Development Bank’s vision for the continent

“Regional integration is a survival issue.” – Djibouti Finance Minister, Hmadou Ibrahim

In a historic first, East African Governors of the African Development Bank (www.AfDB.org) met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region. On the agenda: closing the $170 billion infrastructure gap across the continent, keeping pace with the…

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    • The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment
    • The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment
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Source: African Development Bank Group (AfDB) |

Africa’s population explosion is a ticking time bomb — African Development Bank Governors

Africa is projected to have over 840 million youth by 2050 with the continent having the youngest population on earth

The African Development Bank (www.AfDB.org) and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.” The meeting described the continent’s growing young population as a potential growth engine for…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Adesina Urges America to Support African Agriculture as a Business

I do not seek aid for Africa. I seek investments in Africa – Akinwumi Adesina, President of the African Development Bank

The President of the African Development Bank (www.AfDB.org), Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s agriculture potential. He made the remarks as the Distinguished Guest Speaker, at the USDA’s 94th Agriculture Outlook Forum (www.USDA.gov/oce/forum) in Virginia on Thursday, on…