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

African Development Bank President attends Morocco’s Fête du Trône celebrations

In nearly 50 years of partnership, the African Development Bank Group has provided over US$10 billion in development financing to Morocco

The President of the African Development Bank Group (https://www.AfDB.org), Dr. Akinwumi Adesina, participated in the Fête du Trône (Throne Day) ceremony, marking the 19th  anniversary of His Majesty, King Mohammed VI’s accession to the throne. Other international personalities present at the ceremony, which was held on Monday, July 30, 2018…

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

The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office

He has led numerous development initiatives in diverse country settings, ranging from fragile states like Afghanistan and Somalia

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office with effect from 1st September 2018. Dr Kapoor, a citizen of India, has been the Director for Strategy and Operational Policies since February 2012, when he joined the African Development Bank. He has an established track record of effectively…

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

The African Development Bank Group is pleased to announce the appointment of Ms. Bajabulile “Swazi” Tshabalala as Vice President for Finance and Chief Finance Officer

Ms. Tshabalala brings 26 years of experience in finance, treasury management and capital market operations

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Ms. Bajabulile “Swazi” Tshabalala as Vice President for Finance and Chief Finance Officer for the African Development Bank Group, effective from August 1, 2018. Ms. Tshabalala, a citizen of South Africa, is currently the Executive Director of…

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

The African Development Bank Group is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018

He worked earlier at the African Development Bank from 2008-2015 in various roles

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018. Dr. Magala, a citizen of Mozambique, is currently the Chairman and Chief Executive Officer of the Electricity of Mozambique (EDM).…

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

African Development Bank ranked 4th best company to work for in Africa

Of 100 companies listed, the top four include the World Bank Group, Chevron, Exxon Mobil and the African Development Bank

The 2018 Careers in Africa Employer of Choice Survey (https://goo.gl/pnrSsw) has ranked the African Development Bank (www.AfDB.org) the fourth best company to work with in Africa. Of 100 companies listed, the top four include the World Bank Group, Chevron, Exxon Mobil and the African Development Bank. To read the full…

African Development Bank Group (AfDB)

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    • Korea ready to share its technological and industrial revolution experience with Africa, says President Moon Jae-in (1)
    • Korea ready to share its technological and industrial revolution experience with Africa, says President Moon Jae-in (2)
    • Korea ready to share its technological and industrial revolution experience with Africa, says President Moon Jae-in (3)
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Source: African Development Bank Group (AfDB) |

Korea ready to share its technological and industrial revolution experience with Africa, says President Moon Jae-in

The Chairman of the African Union and Rwandan President, Paul Kagame noted that holding the Annual Meetings in Busan presents a unique opportunity to enforce the growth cooperation between Africa and the Republic of Korea

Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution. His message came at the opening ceremony of the 53rd Annual Meetings of the African Development Bank (https://AM.AfDB.org/en). “Africa is no longer the sleeping lion.…

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

African Development Bank delivers strong operational results

The Bank is scaling up its efforts to accelerate the pace of industrialization, supported by its presence in 38 countries and by timely and quality operations

The African Development Bank (www.AfDB.org) is delivering on its goals and making good progress towards achieving its development and operational targets according to the 2018 Annual Development Effectiveness Review (ADER) (https://goo.gl/LQoJUJ), which was released at the Bank’s Annual Meetings in Busan, Republic of Korea. Every year, ADER scrutinizes the Bank’s operational effectiveness…

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…

African Development Bank Group (AfDB)

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    • Korea is a model for Africa’s industrialization, says President Adesina (1)
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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…

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…