African Development Bank Group (AfDB) / Press Release

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- Ajay Banga, US nominee for World Bank Group President (left) met Akinwumi Adesina, African Development Bank President in Abidjan to begin his world tour (1)
- Ajay Banga, US nominee for World Bank Group President (left) met Akinwumi Adesina, African Development Bank President in Abidjan to begin his world tour (2)
- Ajay Banga, US nominee for World Bank Group President (left) met Akinwumi Adesina, African Development Bank President in Abidjan to begin his world tour (3)
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Source: African Development Bank Group (AfDB) | Mar 08, 2023

World Bank president nominee, Ajay Banga, pledges to partner with African Development Bank for transformative results

Banga spoke about the need for the World Bank Group to develop a strong partnership with the African Development Bank Group that would help deliver transformative results

United States’ nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire where he met the African Development Bank (http://www.AfDB.org) Group President Dr Akinwumi Adesina, senior management and Board of Directors. Banga spoke about the need for the World…

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- Group photo following the AAAP regional forum on the Future of Resilient Food Systems in Africa opening session on 31st January in Nairobi, Kenya. The speakers included Prof. Patrick V. Verkooijen, CEO, Global Center on Adaptation (5th from Left) and Dr. Pascal Sanginga, Regional Sector Manager for Agriculture and Agro-Industries, African Development Bank (middle)
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Source: African Development Bank Group (AfDB) | Feb 24, 2023

Global Center on Adaptation, African Development Bank (AfDB) host regional forum on the future of resilient food systems in Africa

The forum brought together stakeholders from ministries of agriculture, related government agencies, public research institutions, farmer organizations, universities and non-profit organizations working on climate adaptation

The Global Center on Adaptation (GCA) in collaboration with the African Development Bank (www.AfDB.org) and the Wangari Mathai Institute have concluded a three-day regional forum on the future of resilient food systems in Africa. The Forum, called the Future of Resilient Food Systems in Africa – AAAP Digital Solutions for…

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- Pictured (L-R) at the Progress and Achievements in Addressing Malnutrition event: Ibrahim Assane Mayaki, Honorary President of the Sahel and West Africa Club; Dr. Beth Dunford, African Development Bank Vice President; Prime Minister Ntsokoane Matekane of Lesotho; Dr. Qu Dongyu, Director-General of the Food and Agriculture Organization of the United Nations; Minata Samate Cessouma, Commissioner for Health, Humanitarian Affairs and Social Development at the African Union Commission; Joachim Von Braun, Co-Chair, Malabo Montpellier Panel and Department Director, University of Bonn; Lia Tadesse Gebremedhin, Minister of Health Federal Republic of Ethiopia; and Sabin Nzanzimana, Minister of Health of Rwanda
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Source: African Development Bank Group (AfDB) | Feb 23, 2023

African leaders urge continent to strengthen political will toward achieving continental nutrition targets

“It is unacceptable that we stay silent and indifferent” - King Letsie III, of the Kingdom of Lesotho

Heads of African Union member states have called for more commitment and accountability in Africa’s effort to achieve continental and global goals for nutrition ahead of the 2025 World Health Assembly Nutrition target deadline. The leaders took part in a nutrition-themed side event during the 36th Ordinary Session of the…

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- L-R: Allan Kasujja, Moderator; Admassu Tadesse, president and CEO, Eastern and Southern African, Trade and Development Bank; Danladi Verheijen, Co-founder and CEO, Verod Capital; Mr. Malick Ndiaye, CEO, Banque Agricole; Dr. Olagunju Ashimolowo, Vice President, Operations, ECOWAS Bank for Investment and Development; Mr. Wagner Albuquerque de Almeida, Global Director for Manufacturing, Agribusiness and Services, International Finance Corporation
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Source: African Development Bank Group (AfDB) | Feb 10, 2023

Unlock the impact potential of agricultural Small and Medium Enterprises (SMEs) in Africa, experts urge at Dakar 2 Food summit

The African Development Bank Group and the Government of Canada announced the establishment of a new special fund to support Africa’s small and medium-sized enterprises (SMEs) in the agriculture sector

Global experts meeting during a panel session at the second international summit on food production in Dakar (https://apo-opa.info/3DS5k2j) called for accelerated avenues to close the financial gap in agriculture and address barriers to the growing finance market for agricultural Small and Medium Enterprises (SMEs). The discussions come in the wake…

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- Dakar 2 Summit: Partnership to deliver technologies to farmers to feed Africa – says Adesina
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Source: African Development Bank Group (AfDB) | Feb 01, 2023

Dakar 2 Summit: Partnership to deliver technologies to farmers to feed Africa – says Adesina

The panel discussion was part of the three-day Dakar 2 Food Summit which was opened on Wednesday by Senegalese President Macky Sall

Africa’s push for food sovereignty and resilience depends on investments and partnerships, African Development Bank Group (www.AfDB.org) president Akinwumi Adesina said on Thursday at the Dakar 2 Food Summit a food summit in Senegal. Speaking during a panel discussion on Building Multilateral partnership and financing support, Dr Adesina outlined how…

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- (L to R) Nungari Mwangi, AgriSME Strategy and Partnerships Officer, AfDB, Atsuko Toda, Director, Agricultural Finance and Rural Development, AfDB, Andrew Mude, Lead, AgriSME Development and Financing, AfDB, Beth Dunford, Vice President, Agriculture, Human and Social Development, AfDB, Anita Vandenbeld, Parliamentary Secretary to Canada’s Minister of International Development and Edmond Wega, Executive Director for Canada, AfDB, pose for a photo at the press briefing for the launch of the African Development Bank’s Agri-food SME Catalytic Financing Mechanism”
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Source: African Development Bank Group (AfDB) | Feb 01, 2023

Dakar 2: African Development Bank Group, Government of Canada announce funding facility to grow agriculture small and medium enterprises

The two organisations made the announcement at a press event on 27 January held during the Dakar 2 Africa Food Summit

The African Development Bank Group (www.AfDB.org) and the Government of Canada have established a new special fund to support Africa’s small and medium-sized enterprises (SMEs) in the agriculture sector. The Agri-food SME Catalytic Financing Mechanism aims to catalyze and de-risk investment for agriculture SMEs, as well as strengthen agricultural value…

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- Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world
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Source: African Development Bank Group (AfDB) | Jan 26, 2023

Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world

Opening the summit, President Sall — who is also the African Union chairperson — said the time had come for the continent to feed itself

The African Development Bank Group (www.AfDB.org), will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in…

Source: African Development Bank Group (AfDB) | Jan 18, 2023

Second International Summit on Food Production in Africa to Open in Dakar

Heads of state and government to chair sessions on developing country food and agriculture delivery compacts, spur commitment to political action toward eliminating hunger, malnutrition and extreme poverty in Africa

African heads of state and government together with development partners will gather in Senegal to strategically map plans to unlock Africa’s food-producing potential and position the continent to become a breadbasket to the world. President Macky Sall of Senegal, and Chairperson of the African Union, will host the three-day Dakar…

Source: African Development Bank Group (AfDB) | Dec 23, 2022

African Union Member States Pledge to Improve Nutrition and Food Security in Africa

African leaders gathered for a three-day meeting to draw attention to the 2022 African Union Year of Nutrition. The meeting ended with the signing of an “Abidjan Declaration”

African Union Member States meeting in Abidjan have called on governments to speed up investment, coordination and implementation of programs to improve nutrition and food security in Africa. African leaders gathered for a three-day meeting to draw attention to the 2022 African Union Year of Nutrition. The meeting ended with the…

Source: African Development Bank Group (AfDB) | Dec 12, 2022

Sierra Leone: African Development Fund extends additional grant funding of $12 million to boost drive for self-sufficiency in rice

The new tranche, to be sourced from the 2022 Performance-based Allocation, will fill a funding gap in the project’s total cost of nearly $37 million

The Board of Directors of the African Development Fund has approved $12.16 million in additional grant funding for the Rice Agro-Industrial Cluster Project in Sierra Leone. The project was first approved in November 2021. The new tranche, to be sourced from the 2022 Performance-based Allocation, will fill a funding gap…