Source: African Development Bank Group (AfDB) |

African Development Bank Group President Akinwumi Adesina assures Nigeria of Bank’s strong support to achieve food security

Dr. Adesina and the Nigerian minister discussed means of tackling growing concerns about the country’s food security

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, received a high-level Nigerian delegation led by the country's Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar on Monday. The meeting follows on the heels of an address by Dr. Adesina last week at a mid-term…

Source: African Development Bank Group (AfDB) |

Cabo Verde: African Development Bank Group extends $350,000 grant for technical assistance to deepen national capital markets

The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development Bank

The African Development Bank Group (www.AfDB.org) has approved $350,000 in grant funding for technical assistance to consolidate the country’s capital markets strategy and increase the liquidity of its fixed income markets.    The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the…

Source: African Development Bank Group (AfDB) |

São Tomé and Príncipe: African Development Fund extends a USD 10.7 Million Grant to Support SMEs in Agriculture and Tourism

The project aims to improve the business environment by removing specific bottlenecks that hinder private sector-led growth

The Board of Directors of the African Development Fund approved on Wednesday in Abidjan, a grant of US $ 10.7 million to São Tomé and Príncipe for the implementation of the first phase of the Zuntámon Initiative, within the framework of the Lusophone Compact. The project aims to improve the…

Source: African Development Bank Group (AfDB) |

African Development Bank Group begins consultations for the new Country Strategy for Egypt

The Bank’s strategy aims to support Egypt’s development priorities with the overarching goal of reinforcing sustainable and inclusive growth dynamics

The African Development Bank Group (AfDB.org) and the Ministry of International Cooperation on Monday October, 4th launched consultations for the Bank’s new Country Strategy Paper for Egypt. As part of the consultations the Bank is ensuring its engagement with Egypt is fully aligned with national priorities and will consult with…

Source: African Development Bank Group (AfDB) |

Dr. Souley Amadou appointed General Counsel and Director of the African Development Bank's Legal Services Department

Dr. Amadou has a robust track record providing legal advice, support and services to the Bank both in public and private sector operations

The African Development Bank (www.AfDB.org) is pleased to announce the appointment of Dr. Souley Amadou as General Counsel and Director of the Legal Service Department, effective 1 November 2021. A transactional lawyer, Dr. Souley Amadou has over 25 years of substantive legal work experience, including over 20 years spent at…

Source: African Development Bank Group (AfDB) |

“Let us change the narrative on Africa in the United States” African Development Bank President tells African Diplomats in Washington

The Bank chief spoke during a meeting with African ambassadors at the chancery of the Embassy of the Republic of Congo in Washington last week

African Development Bank President Dr Akinwumi A. Adesina has said that a concerted effort to change the narrative on Africa in the United States is necessary to attract increased investments into the continent. He said the need for advocacy in the United States made having an African Development Bank office…

Source: African Development Bank Group (AfDB) |

Agenda 2063: the African Development Bank contributes to validation of the African Union's second Biennial Continental Report

The technical group is responsible for monitoring and evaluation, scrutiny and reporting on progress made in the implementation of Agenda 2063

An African Development Bank delegation (www.AfDB.org) led by Abdul Kamara, Deputy Director General of the East Africa Region, is taking part in a validation workshop for the African Union's (UA) second Biennial Continental Report on Agenda 2063, held from 20 September to 6 October in the Zimbabwean capital Harare. The…

Source: African Development Bank Group (AfDB) |

Africa Resilience Forum 2021: Facing the ‘hydra-head challenges of Covid-19, conflict and climate’

The Africa Resilience Forum is a flagship African Development Bank event which brings together key stakeholders across government, civil society, the private sector, and international partners

The fourth edition of the Africa Resilience Forum opened on Tuesday, as the continent’s most vulnerable communities confront the triple challenges posed by the Covid-19 pandemic, conflict and climate change. An estimated 39 million Africans could slip into extreme poverty this year, as a result of the pandemic. At the…

Source: African Development Bank Group (AfDB) |

Uganda Launches Last-mile Connectivity to Increase Electricity Access to Rural Communities

The African Development Bank in September 2015 extended a $100 million loan to the government for the project

With support from the African Development Bank (www.AfDB.org) and other partners, the Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project in Iganga in the eastern Luuka District. During the 14 September 2021 event, the Ministry of Energy and Mineral Development handed over electricity…

Source: African Development Bank Group (AfDB) |

Côte d'Ivoire: African Development Bank Mission Assesses Progress of Yamoussoukro Agro-industrial Project

The African Development Bank has provided $121 million in financing to the Bélier agro-industrial cluster

The African Development Bank (www.AfDB.org) Vice President for Agriculture, Human and Social Development, Beth Dunford, led a mission to Cote d’Ivoire’s capital Yamoussoukro, on 16 September to assess progress on a Bank-supported agro-industrial cluster in Bélier. The mission, that included Marie-Laure Akin Olugbade, Director General for West Africa and Bank…