Source: African Development Bank Group (AfDB) |

African leaders share their vision for an integrated continent

The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s 2019 Annual Meetings

Leaders from four African countries on Wednesday shared their vision for an integrated and borderless Africa that would foster economic growth and development. The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s (www.AfDB.org) 2019 Annual Meetings. The panelists – President Teodoro Obiang Nguema…

Source: African Development Bank Group (AfDB) |

Dr. Akinwumi Adesina, President of the African Development Bank, to receive honorary degree from the University of Alberta

Dr. Adesina is a globally renowned leader who has dedicated his life to lifting millions of people out of poverty

Who: Dr. Akinwumi A. Adesina, President of the African Development Bank What: Honorary Degree in Science at the University of Alberta’s graduation ceremony When: Tuesday, 4 June 2019 at 3 p.m. Where: Northern Alberta Jubilee Auditorium, 11455 87 Ave NW, Edmonton, AB T6G 2T2,  Canada  The University of Alberta will confer an honorary doctorate of science degree…

Source: African Development Bank Group (AfDB) |

Côte d’Ivoire: Government seeks Bank’s support for $5.8 bln tourism plan

The document entitled "Sublime Côte d’Ivoire", was presented to the Bank’s Vice-President responsible for Private sector, Infrastructure and Industrialization, Pierre Guislain, at the headquarters in Abidjan

Ivorian Minister of Tourism Siandou Fofana on 25 April 2019 presented a strategy document aimed at making Côte d’Ivoire Africa’s fifth biggest tourism destination from 2025 to the African Development Bank (www.AfDB.org) , and sought its support to implement the plan. The document entitled "Sublime Côte d’Ivoire", was presented to…

Source: African Development Bank Group (AfDB) |

South Sudan: Thousands receive food, thanks to Emergency Response project supported by the African Development Bank, World Food Programme (WFP)

The South Sudan Short-Term Regional Emergency Response Project (STRERP) was launched in December last year by the government with a $43.57 million grant from the African Development Bank

Thousands of people in South Sudan have received relief from a food security project which is addressing the nation’s severe food and nutrition needs. The South Sudan Short-Term Regional Emergency Response Project (STRERP) was launched in December last year by the government with a $43.57 million grant from the African…

Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank approves $15 million investment package for Infrastructure Credit Guarantee Company

This intervention will promote local currency infrastructure financing, and further development of the domestic capital market

The Board of the African Development Bank (www.AfDB.org) has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the domestic debt capital markets in Nigeria. The investment package to InfraCredit is comprised of a subordinated loan of $10 million and a risk sharing…

Source: African Development Bank Group (AfDB) |

World Health Day 2019: African Development Bank joins the global call for universal health coverage for all

World Health Day 2019 is a timely opportunity to focus on the inclusion of Africa’s health work force in the development agenda

On the occasion of World Health Day 2019 (https://bit.ly/2TV1ImS), the African Development Bank Group (www.AfDB.org) is renewing its call for firmer commitment to pledges made by countries for universal health coverage for all individuals and communities. In a statement issued Sunday 7 April 2019, Oley Dibba-Wadda, Director of Human Capital,…

Source: African Development Bank Group (AfDB) |

The African Development Bank and Sophia University in Japan sign memorandum of understanding (MOU) to build capacity

Sophia University, a leading private Jesuit university with a student population of 14,000 (2018), is one of many in the country that host the Japan-Africa Scholarship

The African Development Bank (AfDB.org) and Sophia University in Japan, have signed a Memorandum of Understanding to promote capacity development within the two institutions for their mutual benefit and the entire African continent. The agreement was signed Friday at the Bank’s Abidjan headquarters. “It is our sincere wish that this…

Source: African Development Bank Group (AfDB) |

African Legal Support Facility trains African lawyers on negotiating deals in key economic sectors

The workshop, co-organized with the African Business Law Firms Association (ABFLA) under the African Legal Support Facility Academy, was held in Accra, Ghana, from 14-15 February, 2019

The African Legal Support Facility (www.AfLSF.org) has completed a two-day workshop for African lawyers and government negotiators, aimed at strengthening their capacity to negotiate complex deals involving investments in key economic sectors. The workshop, co-organized with the African Business Law Firms Association (ABFLA) under  the African Legal Support Facility Academy,…

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…

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…