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African Development Bank Group (AfDB)

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    • ABN Group Chairman Rakesh Wahi (center) presenting the ‘African of the Decade’ award to Dr. Adesina (second from left) in the company of his wife, Grace (fourth from left), and Roberta Naicker, ABN Group Managing Director (far right)
    • African Development Bank’s Adesina Wins Inaugural ‘African of the Decade’ Award
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Adesina Wins Inaugural ‘African of the Decade’ Award

The awards committee highlighted Adesina’s innovative collaborations, including leading the African Development Bank in a groundbreaking partnership with the World Bank to provide electricity access to 300 million Africans

In a milestone celebration of African leadership, Dr. Akinwumi Adesina's decade-long impact on continental development has earned him the inaugural "African of the Decade" award. The African Development Bank Group (www.AfDB.org) President received this distinguished honor (https://apo-opa.co/3DfQd5i) at last week's Africa Investment Forum in Rabat, marking a defining moment in…

African Development Bank Group (AfDB)

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    • Africa Investment Forum 2024 Garners $29.2 Billion in Deals, Signaling Continent's Growing Economic Potential (1)
    • Investors and project developers gathered to review, discuss and engage on 37 investment projects across 41 investment boardrooms. (Pictures: boardrooms chaired by African Development Bank Group Dr Akinwumi Adesina.)
    • Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, urged the African diaspora to invest in the continent
    • Named “African of the Decade” by the All Africa Business Leaders Award, African Development Bank Group President Dr Adesina reiterated his optimism about the future of Africa, “the place to be” for investors
    • Africa Investment Forum 2024 Garners $29.2 Billion in Deals, Signaling Continent's Growing Economic Potential (2)
    • The Africa Investment Forum has solidified its role as a cornerstone for catalyzing transformative investments across the continent. Picture: one of the numerous signing ceremonies held during the Market Days
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2024 Garners $29.2 Billion in Deals, Signaling Continent's Growing Economic Potential

During the closing press conference, representatives of the Forum’s founding partners reaffirmed their commitment to deepening collaboration and enhancing the platform’s convening power to mobilize critical investments for Africa

The Africa Investment Forum 2024 Markets Days has recorded a total of $29.2 billion in new investor interests after three days of boardroom discussions in Rabat, Morocco.  The Chair of the Africa Investment Forum, President of the African Development Bank, Dr Akinwumi A Adesina, described this latest total as “truly…

African Development Bank Group (AfDB)

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    • United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion
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Source: African Development Bank Group (AfDB) |

United Nations General Assembly (UNGA) 79: United Nations Women honors African Development Bank Group President Adesina as HeForShe Champion

UN Women describes HeForShe as a global movement that has engaged more than two million men and individuals in championing gender equality

I am resolute in my conviction that when Africa's women win, Africa wins – Akinwumi Adesina; Spanish PM Pedro Sanchez and CEOs of Global Citizen and Movember also honoured. The United Nations Women organisation has named the African Development Bank Group President Dr. Akinwumi Adesina a HeForShe Champion for his work…

African Development Bank Group (AfDB)

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    • From left, Prof. Anthony Nyong, Director of Climate Change and Green Growth, Edith Ofwona Adera, Regional Principal Officer and AAAP Coordinator, and Olufunso Somorin, Regional Climate Change Officer, all of the African Development Bank, accepted the NDC Investment Award on September 24 in New York
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Source: African Development Bank Group (AfDB) |

United Nations General Assembly (UNGA 79): Africa Adaptation Acceleration Program Receives Nationally Determined Contributions (NDC) Investment Award

Recognized at the 35th Ordinary Session of the African Union for its achievements, the Africa Adaptation Acceleration Program (AAAP) is setting the standard for climate adaptation in Africa and beyond

The Africa Adaptation Acceleration Program (AAAP) (http://apo-opa.co/3ZHg6nA) has been honored as the “Best Investable NDC Adaptation Investment Initiative of the Year” at the 2024 African NDC Investment Awards. The award, presented during the African NDC Institutional Investment Summit in New York, held on the margins of the United Nations General…

African Development Bank Group (AfDB)

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    • Watch the video announcement and promo clip representing the Bank’s winning communications at the Salute to Excellence Awards
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Source: African Development Bank Group (AfDB) |

African Development Bank Group women and gender communications campaign wins National Association of Black Journalists Salute to Excellence Award

The Bank clinched the National Association of Black Journalists’ online public relations and marketing award category honor for the month-long Bank “Gender in Focus” digital campaign embracing International Women’s Day in March 2023

America’s largest organization of journalists and media-related professionals of colour has named the African Development Bank Group (www.AfDB.org) a “Salute to Excellence Award” winner for Bank communications observing International Women’s Day and its “Gender in Focus” series. The Bank clinched the National Association of Black Journalists’ online public relations and…

African Development Bank Group (AfDB)

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    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (1)
    • Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation (2)
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Source: African Development Bank Group (AfDB) |

Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation

Kimani’s winning invention is an advanced early detection system, designed to detect crop pests and diseases swiftly, which can reduce crop losses by up to 30% and increase yields by as much as 40%

Esther Kimani, a 2022 YouthADAPT winner, received the prestigious 2024 Africa Prize for Engineering Innovation from the Royal Academy of Engineering on June 13 in Nairobi, Kenya. YouthADAPT is sponsored by the African Development Bank (www.AfDB.org) and the Global Center on Adaptation under the Africa Adaptation Acceleration Program (AAAP) (https://apo-opa.co/3XZTJch).  Innovative…

African Development Bank Group (AfDB)

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    • AfDB Vice President and CFO Hassatou N'Sele (left) receives award from Sam McManus, Director, Uxolo, Development Finance; Athens June 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank named Development Financial Institution of the year by TXF Global

The Bank was recognized for its first hybrid capital issuance made in January this year

The African Development Bank (www.AfDB.org) has received the prestigious Development Finance Institution (DFI) of the year award at the TXF GLOBAL 2024 Export, Project & Development Finance Conference, for being at the forefront of multilateral development bank (MDB) innovation. The Bank was recognized for its first hybrid capital issuance (https://apo-opa.co/3RKNzZy)…

African Development Bank Group (AfDB)

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    • Centenary Rural and Development Bank’s Benoni Okwenje (left) and Michael Jingo (right) accept the award, announced by AfDB Vice President Dr. Beth Dunford (centre)
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Source: African Development Bank Group (AfDB) |

Annual Meetings 2024: Centenary Rural and Development Bank named Affirmative Finance Action for Women in Africa initiative’s “AFAWA Bank of the Year” at African Banker Awards

The AFAWA award recognizes financial institutions’ outstanding achievements towards closing Africa’s $49 billion gender access to finance gap

A Kampala-based commercial bank with a “mission critical focus” to provide financial services to vulnerable women entrepreneurs has been named the “AFAWA Bank of the Year” at the African Banker Awards. Centenary Rural and Development Bank picked up the honor named after African Development Bank’s Affirmative Finance Action for Women…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Dr Akinwumi Adesina told media leaders the African Development Bank would work with the AllAfrica Media organisation and African financial institutions to establish an Annual Africa Media Prize
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Source: African Development Bank Group (AfDB) |

African Development Bank proposes Annual Africa Media Prize to promote more balanced reporting of continent and its achievements

The summit on the theme of “Re-engineering African Media in Times of Critical Transformation” brings together over 300 African media

Dr Akinwumi Adesina, the president of the African Development Bank Group (www.AfDB.org), announced the creation of an Annual Africa Media Prize to recognise and profile African journalists, correspondents and media houses that showcase Africa’s achievements and progress. Adesina said the African Development Bank would work with the AllAfrica Media organisation…

African Development Bank Group (AfDB)

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    • The 2024 award conference was attended by road experts from several African countries, in addition to the selection committee
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Source: African Development Bank Group (AfDB) |

Africa Road Builders: two African heads of state receive 2024 Babacar Ndiaye Prize

The “Africa Road Builders” prize was created in honour of Babacar Ndiaye, who was President of the African Development Bank Group from 1985 to 1995

The “Africa Road Builders” Selection Committee met in Dubai in the United Arab Emirates on 18 April 2024 where it awarded the Babacar Ndiaye Prize 2024 to the Presidents of Equatorial Guinea and of the Republic of Congo, Téodoro Obiang Nguema Mbasogo and Denis Sassou-Nguesso. They follow in the footsteps…