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…

Source: African Development Bank Group (AfDB) |

2018 African Economic Outlook: African Development Bank makes a compelling case for Africa’s industrialization

The Bank would organise the Africa Investment Forum on November 7-8, 2018 in Johannesburg, South Africa, to mobilise funds for infrastructure development, to bridge an estimated funding gap of $130-$170 billion a year

The President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook (http://APO.af/GHTmei) launched in Abidjan, Côte d’Ivoire, on Wednesday, Adesina said…

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

African Development Bank launches Youth Advisory Group to create 25 million jobs

The Jobs for Youth in Africa initiative aims to create 25 million jobs and benefit 50 million youth over the next 10 years by equipping them with the right skills to get decent and meaningful jobs

The President of the African Development Bank Group (AfDB) (www.AfDB.org), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA) (http://APO.af/nRtVAs).   The Jobs for Youth…

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

New World Food Prize Africa Institute to produce Borlaug-Adesina Fellows

Donors grow Adesina’s fund for young African agripreneurs to US $600,000

The World Food Prize Foundation is partnering with President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, to establish the World Food Prize Africa Institute. This follows the awarding of the 2017 World Food Prize to Adesina this week in Des Moines, Iowa, where he announced his decision to dedicate…

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Source: African Development Bank Group (AfDB) |

AfDB’s agricultural transformation strategy to guarantee 513 million tons of additional food production

Adesina rallies support for technologically driven agriculture in Africa

The African Development Bank (AfDB) (www.AfDB.org) has developed a new initiative called the Technologies for African Agricultural Transformation (TAAT) initiative – a knowledge and innovation-based response to the recognized need of scaling up proven technologies across Africa. Already, 25 African countries have written letters to the AfDB confirming their interest…

Source: African Development Bank Group (AfDB) |

Adesina to set up fund for young farmers, agripreneurs with US $250,000 World Food Prize money

US Vice-President praises Laureate, pledges more collaboration on food security

“I am proud as the Governor of Iowa State to proclaim Dr. Akinwumi Adesina as the 2017 World Food Prize Laureate.” With these words, the Governor of the State of Iowa, Kim Reynolds, officially named President of the African Development Bank (AfDB) (www.AfDB.org), Akinwumi Adesina, as the 2017 World Food…

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

World Food Prize Laureate says recognition motivates him to accelerate Africa’s agricultural transformation

Adesina, who spoke at a press conference ahead of the World Food Prize ceremony, also stressed the need to put technology and information in the hands of farmers

The World Food Prize is a great motivation which puts the wind behind the sails of what the African Development Bank (www.AfDB.org) is doing with its development priorities − the High 5s (http://APO.af/6D641c) – especially Feed Africa (http://APO.af/Qs73cE) the President of the Bank, Akinwumi Adesina, has said. He noted how…