Source: African Development Bank Group (AfDB) |

African Development Bank takes landmark lead on formation of Africa Financial Alliance for Climate Change

The international community has pledged to mobilize $100 billion in climate finance per annum by 2020 to support adaptation and mitigation projects in developing countries

Scientific evidence shows that African economies are already reeling from the devastating effects of climate change, further exacerbating their development challenges. Of the 10 countries in the world that are most threatened by climate change, seven are in Africa. Cognizant of this situation, the African Development Bank (www.AfDB.org) led the way to what may turn…

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    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (1)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (2)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (3)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (4)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (5)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (6)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (7)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (8)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (9)
    • The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa (10)
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Source: African Development Bank Group (AfDB) |

The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa

This partnership reinforces the work of the Africa NDC Hub hosted by the African Development Bank, in accelerating climate action to transition Africa towards a low carbon and climate resilient development pathway

The African Development Bank  (www.AfDB.org) and the Global Green Growth Institute (GGGI) (www.GGGI.org) signed a Memorandum of Understanding (MoU) Friday on the sidelines of the African Development Bank Group’s Annual Meetings in Busan, (https://am.AfDB.org/en) to promote programs, projects, joint studies and research activities to accelerate green growth options for African…

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

Climate and disaster risk financing get fresh boost from African Development Bank

“We talk about integrating Africa. We cannot integrate countries that are fragile, we can only integrate countries that are secured.”– Akinwumi Adesina, President, African Development Bank

The President of African Development Bank (www.AfDB.org), Akinwumi A. Adesina, and the Bank’s Board of Governors held a high-level session on “Climate and Disaster Risk Financing” focusing on the Role of the African Risk Capacity (ARC) (www.AfricanRiskCapacity.org) and the Africa Disaster Risk Financing Program (ADRiFi) on Wednesday in Busan, Korea.…

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…

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…

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    • In a historic first, East African Governors of the African Development Bank met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region
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Source: African Development Bank Group (AfDB) |

East African Ministers share African Development Bank’s vision for the continent

“Regional integration is a survival issue.” – Djibouti Finance Minister, Hmadou Ibrahim

In a historic first, East African Governors of the African Development Bank (www.AfDB.org) met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region. On the agenda: closing the $170 billion infrastructure gap across the continent, keeping pace with the…