Source: African Development Bank Group (AfDB) |

African Development Bank (AfDB) President Akinwumi Adesina’s Speech at the Federal Inland Revenue Service Tax Dialogue

African economies are projected to recover this year

By Akinwumi Adesina, President of African Development Bank (www.AfDB.org) Your Excellency, President Muhammadu Buhari, GCFR, President of the Federal Republic of Nigeria Your Excellencies, Governors, Excellencies, Ambassadors Honorable Ministers Chairman of the Federal Inland Revenue Service, Muhammad Nami Distinguished Ladies and Gentlemen I would like to wish you Mr. President and all…

Source: African Development Bank Group (AfDB) |

U.K Africa Investment Summit: Renewable energy critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, Panel says

The panel covered discussion of British innovation and experience in the context of partnering with Africa to advance its economic development

Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity,  panelists in a 2021 UK Africa Investment Summit event said Wednesday, as they called for a stronger partnership between the United Kingdom and  Africa. The panel, themed UK & Africa: Partnering in Sustainable and Resilient…

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

U.K. Africa Investment Conference: Africa is the world’s next business frontier, says AfDB's Akinwumi Adesina

Africa still possessed the same fundamentals that had driven the continent’s phenomenal growth over the past decade, Adesina said

African Development Bank (www.AfDB.org) President Akinwumi A. Adesina said on Wednesday that Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke during the Africa Investment Conference, a virtual one-day event organized by the UK Department for International Trade, which…

Source: African Development Bank Group (AfDB) |

African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa

The Joint Action Plan was developed following an EIB delegation meeting with the African Development Bank in February 2020

The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow…

Source: African Development Bank Group (AfDB) |

Mauritius and Morocco join African Development Bank (AfDB/AFMISM) Bloomberg® bond index

The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg

The African Development Bank (www.AfDB.org) today announced the addition of two new countries - Mauritius and Morocco - to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market. The African Development Bank administers the ABABI, a family…

Source: African Development Bank Group (AfDB) |

Africa Free Trade Agreement: President Adesina receives award for strong leadership and support

Boshe, a patron of the AeTrade Group, thanked the awardees for their strong leadership in the process that led to the African Continental Free Trade Area coming into force

African Development Bank (www.AfDB.org) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured  for their leadership in the African Continental Free Trade Area (AfCFTA) process. The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is…

Source: African Development Bank Group (AfDB) |

COP26 Roundtable: ‘2021 will be critical in the fight against COVID-19 and climate change’ – UN Secretary-General António Guterres

COP26 President Sharma said the global transition to clean power must move at least four times the current pace to achieve targets set out in Paris Agreement on climate change

African Development Bank (www.AfDB.org) President Akinwumi Adesina on Monday joined world leaders to discuss the global transition to clean power as part of a green recovery and identify actions that can be taken to support this. The virtual COP26 Roundtable on Clean Power Transition, under the theme “Achieving a rapid shift…

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

African Development Bank President Adesina named a champion of Africa’s Great Green Wall climate-adaptation initiative

In the role of champion, Adesina will lead the mobilisation of political and economic support for the initiative

African Development Bank (www.AfDB.org) President Akinwumi A. Adesina has been announced as a champion of Africa’s Great Green Wall (GGW) initiative. The appointment was made at a forum held in the margins of the One Planet Summit 20201 to mobilise support for the ambitious project to plant an 8,000 km…

Source: African Development Bank Group (AfDB) |

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel

The Sahel region's Great Green Wall Initiative received a major boost from the African Development Bank (www.AfDB.org) on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years,…

Source: African Development Bank Group (AfDB) |

Speech by Dr. Akinwumi Adesina, President of the African Development Bank Group at the One Planet Summit, Great Green Wall Investment Summit, January 11, 2021

The Great Green Wall is part of Africa’s environmental defense system — a shield against the onslaughts of desertification and degradation

By Dr. Akinwumi Adesina, President of the African Development Bank Group (www.AfDB.org) Your Excellency, President Emmanuel Macron, His Royal Highness Prince Charles, the Prince of Wales, Your Excellency President Ghazouani of Mauritania, Excellencies, distinguished ladies and gentlemen. I wish to thank President Macron for inviting me to this One Planet Summit’s Great Green…