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    • Korea ready to share its technological and industrial revolution experience with Africa, says President Moon Jae-in (1)
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    • 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.…

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…

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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…

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

African Development Bank launches Youth Advisory Group to create 25 million jobs

The Jobs for Youth in Africa initiative aims to create 25 million jobs and benefit 50 million youth over the next 10 years by equipping them with the right skills to get decent and meaningful jobs

The President of the African Development Bank Group (AfDB) (www.AfDB.org), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA) (http://APO.af/nRtVAs).   The Jobs for Youth…

Source: African Development Bank Group (AfDB) |

AfDB seeks global support for Africa’s young farmers

Highlights agribusiness as solution to Africa’s youth unemployment

The African Development Bank (www.AfDB.org) has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to the continent’s youth employment. In collaboration with the Initiative for Global Development, the Association of African Agricultural Professionals in the Diaspora (AAAPD), Michigan State University, Iowa State…

Source: African Development Bank Group (AfDB) |

World Food Day: African Development Bank (AfDB) urges African leaders to make agriculture attractive to young Africans and stem migration

“We must get youths into agriculture and see it as a profitable business venture not a sign of lacking ambition”- Akinwumi Adesina, President of the African Development Bank

On the occasion of the 2017 World Food Day, the African Development Bank (www.AfDB.org/en) has highlighted how Africa’s food security depends on attracting young people to agriculture and agribusiness. The sector can potentially create wealth and employment for African youth, thereby stemming migration.  World Food Day, celebrated yearly on October…

Source: African Development Bank Group (AfDB) |

“Betting on Africa to Feed the World”: Adesina, 2017 World Food Prize Laureate, to deliver Norman Borlaug Lecture on World Food Day

President Adesina will receive the 2017 World Food Prize on Thursday, October 19

The African Development Bank (www.AfDB.org/en) President, Akinwumi Adesina, will deliver the Norman Borlaug Lecture today as part of the World Food Prize events taking place from October 16-20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture titled “Betting on Africa to Feed the World” will be held on…

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

Programme for Infrastructure Development in Africa (PIDA) Week 2016 Pens with Calls for Accelerated Job Creation through Infrastructure Development for Africa’s Transformation

This year’s gathering organized under the theme, “Creating Jobs through Regional Infrastructure Development,” has drawn over 250 participants and stakeholders representing Member States, private sector, development partners and project owners

Africa has to provide employment opportunities for its youth if it is to harness their potential and contribute to the desired economic growth outlined in the vision of Agenda 2063. The call was made by officials from the African Union (AU) (www.AU.int), the NEPAD Agency (www.NEPAD.org) and the African Development…