Source: African Development Bank Group (AfDB) |

G5 Sahel heads of State throw their weight behind African Development Bank initiative Desert to power

Bank commits $20 million towards project preparation for the realization of the project

G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank (https://www.AfDB.org/) -led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical…

Source: African Development Bank Group (AfDB) |

African Development Bank wins prestigious procurement award

The first multilateral development bank achieving CIPS Procurement Excellence - silver award

The African Development Bank (http://www.AfDB.org) has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management professionals, with offices all over the world including Africa. The Bank was awarded a silver award at advanced standard level…

African Development Bank Group (AfDB)
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    • First Row: Martin Fregene, Director of Agriculture & Agro-industry, African Development Bank, Hon. Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture of Ghana, Hon. Noel Koutera Bataka, Minister of Agriculture, Animal and Fish Production of Togo and the rest of the Forum’s participants
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Source: African Development Bank Group (AfDB) |

African Green Revolution Forum 2019: African Development Bank, partners relaunch agriculture platform

Platform important tool for learning lessons from each other and to help move Africa to a more dynamic agriculture

The African Development Bank  (AfDB.org), the Rockefeller Foundation and the Bill & Melinda Gates Foundation have relaunched a platform to assist African agriculture ministers and other key stakeholders to promote strong growth in agricultural production and value addition in their countries. The partners launched the new Leadership for Agriculture (L4AG)…

Source: African Development Bank Group (AfDB) |

7th Tokyo International Conference on African Development (TICAD7): Invest in Africa’s food markets to win the war on hunger and boost nutrition – African Development Bank

“There is a business case for governments to invest in grey matter – Jennifer Blanke

By investing in Africa’s food markets, governments can win the fight against stunting and improve nutrition across the continent. And with support from institutions like the African Development Bank (www.AfDB.org), the results would be a win-win situation for all. “What a huge potential the food markets represent. “Feed Africa,” which…

Source: African Development Bank Group (AfDB) |

Seventh Tokyo International Conference on African Development (TICAD7): Digital Agriculture next frontier for economic development in Africa

“There’s risk, yes, but there are juicy returns, now is the time for all of us to run in that direction.” - Jennifer Blanke

Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles, participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa,…

Source: African Development Bank Group (AfDB) |

Seventh Tokyo International Conference on African Development (TICAD7): PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

“We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity” - Adesina urges

The Sasakawa Association will work with the Japan International Corporation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7. “Japanese technology can play a key role…

Source: African Development Bank Group (AfDB) |

African Development Bank, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development

It provides risk mitigation, investment products and technical assistance to accelerate private sector development in Lusophone African countries

The African Development Bank (www.AfDB.org) and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa. The signing took place on Sal Island on 1 July,…

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

The African Development Fund improving and impacting lives of millions in Africa

In 38 of the continent’s neediest countries, the Fund is creating linkages to promote regional integration, commercial exchanges and enhancing food security

Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say. In 38 of the continent’s neediest countries, the Fund is creating linkages to promote…

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

African Development Bank approves USD 24.7 million for Water and Sanitation Development in South Sudan

The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the Juba town distribution network and related works

The Board of Directors of the African Development Bank (www.AfDB.org) on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation Improvement Project. The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the…

Source: African Development Bank Group (AfDB) |

African Development Bank welcomes EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)

The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took place in Lisbon, Portugal

The African Development Bank (www.AfDB.org) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took…