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.…

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…

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) |

Agriculture Fast Track Fund to launch 17 new projects in support of agribusiness small and medium-sized enterprises (SMEs) in Ghana and seven other African countries

The Fund finances the project development cost of a broad range of agriculture infrastructure

Who: The African Development Bank What: Launch of 17 new grant projects funded by the Agriculture Fast Track Fund (AFT) (https://bit.ly/2P94vrr) Date: Wednesday, 17 April 2019, from 9:00 – 11:00am Venue:  African Development Bank, Ghana Country Office, Ridge, Accra. The African Development Bank (www.AfDB.org) will launch 17 new grant projects…

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) |

AfricaSan5: African Development Bank calls for scale up in implementation of sanitation targets, honours Piers Cross

The conference was co-convened by the African Ministers Council on Water (AMCOW)

The African Development Bank (www.AfDB.org) has called on development partners to scale up support for implementation of sanitation programs to fast track Africa’s progress and deliver on its promise to the continent. “Achieving the Ngor Commitments and the ambitious targets for sanitation and hygiene within the Global Development Agenda can…

Source: African Development Bank Group (AfDB) |

“We are in a race with time to unlock Africa’s full potential” – Akinwumi Adesina, 2019 Sunhak Peace Prize Laureate

Donates $500,000 award to fight hunger in Africa

2019 Sunhak Peace Prize Laureate Akinwumi Adesina has pledged to do more to advance Africa’s fight against hunger, poverty and youth underemployment. The President of the African Development Bank (www.AfDB.org), and co-Laureate Waris Dirie, a global champion against Female Genital Mutilation, shared the prestigious US $1million dollar prize at an…