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

We-Fi Regional Summit Calls for Urgent Public and Private Sector Action to Support Women Entrepreneurs in West Africa

The Summit concluded with a joint Call to Action

Heads of state, ministers, leaders of multilateral development banks, private sector executives, women entrepreneurs, and contributing governments of the Women Entrepreneurs Finance Initiative (We-Fi) convened today at the first We-Fi Regional Summit to discuss concrete ways to strengthen support for women-led small and medium-sized enterprises (SMEs) in West Africa. Attended…

Source: African Development Bank Group (AfDB) |

African Development Bank Hails Canada’s US$1.1 billion pledge in callable capital support

The announcement comes a day after a meeting of the Bank’s governors in Washington D.C. to continue discussions on a 7th General Capital Increase

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank. Canada’s announcement, to be approved by the Bank’s governors, was made by Maryam Monsef, the Canadian Minister of International Development and for Women and Gender Equality.…

African Development Bank Group (AfDB)
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    • Members of the diplomatic community light candles to commemorate 25th anniversary of the genocide against the Tutsi in Rwanda. The Ivorian Minister of Animal and Fishery Resources, Kobenan Kouassi Adjoumani (centre left), and the Rwandan Ambassador to Côte d’Ivoire, Stanislas Kamanzi (centre right), are flanked by Lamin Barrow, Director, Joint Secretariat Support Office for the African Development Bank, African Union and the Economic Commission for Africa (left); and Oley Dibba-Wadda, Director of Human Capital, Youth and Skills Development (right), who represented the African Development Bank Group President, Akinwumi Adesina
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Source: African Development Bank Group (AfDB) |

#Kwibuka25: African Development Bank marks the 25th commemoration of the Genocide against the Tutsi in Rwanda

In Rwanda and across the world, the commemoration is a moment of reflection on the past and a time to recommit to the pledge of “Never Again”

With poems, videos and a riveting testimony from a former Prosecutor General of the United Nations International Criminal Tribunal for Rwanda (ICTR), the African Development Bank (www.AfDB.org), in collaboration with the Rwandan Embassy and the Rwandan community in Côte d’Ivoire, observed the 25th commemoration of the Genocide against the Tutsis…

Source: African Development Bank Group (AfDB) |

Women Entrepreneurs Finance Initiative to Hold First-Ever Regional Summit in Cote d’Ivoire

On Wednesday, April 17, 2019, the Government of the Republic of Côte d’Ivoire will host the first Women Entrepreneurs Finance Initiative (We-Fi) West Africa Regional Summit

WHO: His Excellency Alassane Ouattara, President of the Republic of Côte d’Ivoire Ivanka Trump, Advisor to the President, United States Akinwumi A. Adesina, President of the African Development Bank Bandar M. H. Hajjar, President of the Islamic Development Bank Kristalina Georgieva, CEO of the World Bank U.S. Senator Lindsay Graham…

Source: African Development Bank Group (AfDB) |

Rwanda: The African Development Bank commemorates Kwibuka25

The event will be held at the Babacar Ndiaye Auditorium in the African Development Bank Headquarters on April 11thfrom 12:00 – 1:30pm GMT

Who: Rwandan Embassy in Côte d’Ivoire, Rwandan Community in Côte d’Ivoire and the African Development Bank (www.AfDB.org) What: Commemoration of the 25thAnniversary of the Genocide against the Tutsis in Rwanda When: Thursday, April 11, 2019, 12:00 – 1:30 PM Where: Babacar Ndiaye Auditorium, African Development Bank Headquarters, Avenue Joseph Anoma, 01 BP 1387 Abidjan…

Source: African Development Bank Group (AfDB) |

African Development Bank to host Investment Forum Roadshow in Angola

The event will convene traders, experts and financiers in the public and private sector, who seek to invest in Africa’s development

Who:     Country Office of the African Development Bank in Angola What:    Africa Investment Forum Roadshow Where:  AIPEX Auditorium, Investment and Export Promotion Agency (AIPEX), Luanda, Angola When:   10.00 a.m. – 12.00 p.m. 11 April 2019 On 11 April 2019, the African Development Bank (www.AfDB.org), the Investment and Export Promotion Agency…

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

African Development Bank welcomes partners to multilateral development bank (MDB) roundtable to strengthen collaboration on donor relations and fund management

Its goal is to share the most efficient methods for mobilising resources towards the achievement of the Sustainable Development Goals (SDGs)

The African Development Bank Group (www.AfDB.org) hosted 11 sister institutions for the annual multilateral development bank (MDB) roundtable on trust funds and co-financing, held on 28-29 March, 2019.    The aim of the roundtable was to enhance benchmarking across the development finance institutions (DFIs), raise awareness of emerging innovative approaches to…

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

The African Development Bank pledges US$ 25 billion to climate finance for 2020-2025, doubling its commitments

Akinwumi A. Adesina said that the Bank would commit at least US$25 billion towards climate finance

Bank to launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy baseload; “Desert to Power” initiative enters implementation stage with Yeleen Project in Burkina Faso. The African Development Bank (www.AfDB.org) will double its climate finance commitments for the period 2020-2025, the Bank’s President announced…

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) |

Equatorial Guinea to host African Development Bank’s 2019 Annual Meetings in Malabo

The Bank’s Annual Meetings represent a unique opportunity to discuss challenges and ways to advance the continent’s regional integration agenda

Equatorial Guinea will host the African Development Bank’s (www.AfDB.org) next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the two parties. The Annual Meetings will take place from 11th to 14th June, 2019 in the country’s capital city, Malabo. “The Government and people of…