Source: African Development Bank Group (AfDB) |

African Legal Support Facility launches Academy Project

It is an innovative tool that will efficiently produce, collect and disseminate knowledge, as well as provide tailor-made training solutions for African lawyers and professionals

The African Legal Support Facility (ALSF) (http://www.AfLSF.org/) has launched a flagship initiative, the “ALSF Academy Project." Under this initiative, the ALSF has developed a three-level capacity building and certification program. This program will be conducted through an interactive online portal, starting with an inception phase consisting of a series of…

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

African Development Bank showcases investment opportunities in Africa to Nordic investors

The Bank presented its strategy for the transformation of African economies and showcased investment opportunities on the continent

The African Development Bank (www.AfDB.org) in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark. The aim…

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

Technology and innovative finance key to reaching end users in the value chain through technology: African Development Bank at Global Infrastructure Forum 2018

Innovative finance and new technology will connect underserved populations Results: lower costs for off-grid electricity supply, benefits consumers

New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (https://www.AfDB.org) during a session at the Global Infrastructure Forum 2018 on Saturday. This…

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

African Development Bank seeks partnerships to lift 1 billion people out of hunger globally

“We must not get carried away: we are not winning the war against global hunger”

The African Development Bank (www.AfDB.org) called on global partners to join hands to lift one billion people worldwide out of hunger and said it was leading the way by investing US$24 billion in African agriculture over the next 10 years in the largest such effort ever. “We are not winning…

Source: African Development Bank Group (AfDB) |

African Development Bank Boosts Jobs for Youth in Africa Strategy with close to $2 Million

Fund for African Private Sector Assistance (FAPA), of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute $923,570 and $988,202 to finance the Bank’s Fashionomics Africa Digital Marketplace and Entrepreneurship & Innovation Lab (eLab) programs

The African Development Bank’s (www.AfDB.org) Fund for African Private Sector Assistance (FAPA) (http://bit.ly/2xAJfTU), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative. FAPA, of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute…

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

African Development Bank Launches first Africa-to-Africa (A2A) Investment Report

Africa-to-Africa Investment Report: A first look, finds that more African companies are investing in Africa

Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s (www.AfDB.org) new Africa-to-Africa (A2A) Investment Report, the first ever report on inter-African trade published by the Bank. The report unearths the realities African companies face when investing in…

Source: African Development Bank Group (AfDB) |

African Development Bank and Purdue University to hold conference on successful technologies for African farmers

The Scale Up Conference will bring together hundreds of individuals and organizations engaged in the introduction, diffusion, and adoption of agricultural innovations that have the potential to reach millions

African Development Bank and Purdue University to hold conference on successful technologies for African farmers: From:               25/09/2018 To:                   27/09/2018 Location:          Purdue University in West Lafayette, Indiana The African Development Bank  (www.AfDB.org )  and Purdue University are organizing the Scale Up Conference on Agricultural Innovations (https://AG.Purdue.edu/scaleup/Pages/about.aspx) from September 25-27, 2018,…

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

Integrity in Development Projects: African Development Bank Debars GEO SCIENCES for 48 Months for Fraudulent Practices

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

The African Development Bank Group (www.AfDB.org) on 20 September 2018, announces the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that GEO SCIENCES engaged in numerous…

Source: African Development Bank Group (AfDB) |

African Development Bank President Adesina urges Canada to be present at Africa’s investment table

Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto

African Development Bank President (www.AfDB.org), Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto. Promoting the Bank’s upcoming Africa Investment…

Source: African Development Bank Group (AfDB) |

African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization

Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non- sovereign lending book, including power, transportation, financial sector, and manufacturing assets

With “Room2run,” AfDB Launches Securitization Market for Multilateral Development Bank Sector Transaction is in Direct Response to G20 Action Plan for Mdb Balance Sheet Optimization AfDB Commits to Reinvest freed up Capital into New African Infrastructure Lending, Making Room2run one of the Largest Impact Investments ever Transaction is supported by…