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

African Union Summit: African Development Bank President Adesina holds bilateral meetings with H.M. King of Lesotho and President of Madagascar

Adesina commended President Rajoelina for his recent election and vision for his country

African Development Bank (www.AfDB.org) President Akinwumi Adesina, held several high-level bilateral meetings on the sidelines of the 32nd Ordinary Session of the Assembly of the African Union. Adesina met with His Excellency Andrei Rajoelina, President of Madagascar and His Majesty Letsie III, King of Lesotho. With President Andrei Rajoelina of Madagascar, discussions focused…

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

“We are in a race with time to unlock Africa’s full potential” – Akinwumi Adesina, 2019 Sunhak Peace Prize Laureate

Donates $500,000 award to fight hunger in Africa

2019 Sunhak Peace Prize Laureate Akinwumi Adesina has pledged to do more to advance Africa’s fight against hunger, poverty and youth underemployment. The President of the African Development Bank (www.AfDB.org), and co-Laureate Waris Dirie, a global champion against Female Genital Mutilation, shared the prestigious US $1million dollar prize at an…

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

Corruption does not invest in the future, it kills the future” – Akinwumi Adesina, at World Peace Summit of Global leaders

The Africa Continental Free Trade Area is projected to make Africa the largest free trade zone in the world

“We are working hard with governments to improve transparency, governance, accountability and project delivery across the continent. Corruption does not invest in the future, it kills the future,” Akinwumi Adesina, President of the African Development Bank (www.AfDB.org) said at the World Peace Summit of Global Leaders. According to the World…

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

South Korea ready to partner with Africa on technology

"A win-win proposition" - Akinwumi A. Adesina, President of the African Development Bank

In partnership with the African Development Bank (AfDB.org), Korea is ready to step up technology transfers to Africa, officials said in Seoul today. Speaking at a meeting on potential technology partnerships between Korea and Africa, representatives of Busan Metropolitan City, Busan Techno Park, and Korea’s Green Technology Center said there…

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

African Development Bank President Adesina confident of “very promising future” for continent

The Bank expects growth of 4% this year and 4.1% in 2020

"The future of our continent is looking very promising indeed," African Development Bank Group (www.AfDB.org) President Akinwumi Adesina declared in the opening words of his address to diplomats  at a lunch organised today, Tuesday, in Abidjan. Adesina referred to the Bank’s recent flagship publication, the African Economic Outlook 2019 (https://bit.ly/2yXn4pr), which noted that…

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

African Union and African Development Bank to co-host launch of African Leaders for Nutrition (ALN) Accountability Scorecard

This data-based advocacy tool gives an overview of how African leaders are doing on their delivery of the main nutrition indicators

What: African leaders will gather at a side event of the 32nd African Union Summit, to launch the African Leaders for Nutrition (ALN) Continental NutritionAccountability Scorecard Where: Lalibela Ballroom, Hotel Sheraton, Addis Ababa, Ethiopia When: 12:30-1400, Monday, 11 February 2019 The African Union, His Majesty King Letsie III of the Kingdom…

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

African Development Bank to present 2019 African Economic Outlook at 32nd AU Summit

The theme for this year’s African Economic Outlook is “Integration for Africa’s Economic Prosperity”

From: 8/02/2019 To: 8/02/2019 Location: Medium Conference Hall, AU Headquarters, Addis Ababa, Ethiopia. The African Development Bank (www.AfDB.org) will present the 2019 edition of its flagship African Economic Outlook (AEO) (https://bit.ly/2Djcpf8) report on the sidelines of the 32nd Ordinary Session of the Assembly of the African Union in Addis Ababa, Ethiopia on…

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

Presentation of the 2019 African Economic Outlook

Integration for Africa’s Economic prosperity

The African development Bank (AfDB.org) will on Friday, 8 February 2019 present the 2019 edition of its flagship African Economic Outlook (AEO) report, on the sidelines of the 32nd Ordinary Session of the Assembly of Heads of State and Government of the African Union. The annual AEO highlights economic prospects and…

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

Integrity in Development Projects: African Development Bank Debars ALG GLOBAL CONCEPT and its Managing Director for 36 Months, for Fraudulent Practices

The Office of Integrity and Anti-Corruption of the African Development Bank found the company and its Managing Director to have engaged in several fraudulent practices

The African Development Bank Group (www.AfDB.org) on January 23, 2019, announces the debarment of ALG Global Concept Nigeria Limited, a construction company registered in Nigeria and its Managing Director, Mr. Abuharaira Labaran Gero, for a period of 36 months. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption…

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

Empower women to help save Africa from climate change

Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector

That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when women are involved in decision making, agreements on the environment are more likely to be ratified and projects around natural resources, such…