Source: African Development Bank Group (AfDB) |

Statement delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group, at the Africa Climate Adaptation Summit, Rotterdam, Netherlands, September 5, 2022

Africa needs a lot of financing to tackle climate change

Your Excellencies, I wish to thank you all for honoring the invitation from former UN Secretary General, Ban Ki Moon, Chairman of the Global Center on Adaptation (GCA), Prof. Patrick Verkooijen, CEO of GCA, and myself, to this Africa Climate Adaptation Summit. I wish to thank Prime Minister Rutte for…

Source: African Development Bank Group (AfDB) |

Eighth Tokyo International Conference on African Development (TICAD8): African Development Bank to complement Japan Africa Dream Scholarship with African Science, Technology and Innovation Fund – Dr. Adesina

The Japan Africa Dream Scholarship program awards two-year scholarships to high-achieving African students to pursue post-graduate studies in priority development areas across Africa and in Japan

African Development Bank head Dr. Akinwumi A. Adesina, has commended the Japan Policy and Human Resources Development Grant, established by the Bank and the government of Japan, for its support to the Japan Africa Dream Scholarship program. The Japan Africa Dream Scholarship program awards two-year scholarships to high-achieving African students…

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    • Akinwumi Adesina, African Development Bank President, TICAD8, Tunis 28 August 2022
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Source: African Development Bank Group (AfDB) |

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina

Adesina commended the Japanese government and private sector for their strong support to Africa’s development

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their…

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    • From left to right: Japan’s Vice-Minister of Finance for International Affairs, Masato Kanda; African Development Bank President, Akinwumi Adesina; Japan International Cooperation Agency President, Akihiko Tanaka
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Source: African Development Bank Group (AfDB) |

Japan and the African Development Bank announce up to $5 billion in support for Africa’s private sector

The announcement was made at the Eighth Tokyo International Conference on African Development (TICAD8) held Sunday 28 August 2022 in the Tunisian capital, Tunis

The government of Japan and the African Development Bank (www.AfDB.org) have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025. The announcement was made at the Eighth Tokyo International Conference on African Development (TICAD8) held…

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    • 24 August TICAD-8 webinar on Private Sector Infrastructure Development Opportunities in Africa
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Source: African Development Bank Group (AfDB) |

Africa’s Record Private Investment in infrastructure in 2020 sends strong signal, African Development Bank Vice President (VP) tells Tokyo International Conference on African Development (TICAD) panel

The online event was held in the run-up to the eighth Tokyo International Conference on African Development, or TICAD, which takes place in Tunisia from 27-28 August 2022

Africa received its highest proportion of private sector investment in infrastructure in 2020, sending an important signal to governments and investors. African Development Bank Vice President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor, underlined this point during a webinar organized by the African Development Bank and the Japan…

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    • (L-R) Dana Banks, Special Assistant to the President and NSC Senior Director for Africa, National Security Council, Chinelo Anohu, Senior Director, Africa Investment Forum (AIF), Enoh, Ebong, Director, United States Trade and Development Agency (USTDA)
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Source: African Development Bank Group (AfDB) |

The U.S. Trade and Development Agency (USTDA) and Africa Investment Forum (AIF) Showcase Women as Investment Champions

USTDA and AIF showcased how their existing partnership advances women-led sustainable infrastructure in Africa

The U.S. Trade and Development Agency (USTDA) and African Development Bank’s (www.AfDB.org) Africa Investment Forum (AIF) co-hosted a forum of 40 women leaders who are delivering high-quality solutions for Africa’s infrastructure needs. The forum took place during last week’s U.S.-Africa Business Summit, in Marrakech, Morocco. During the forum, USTDA and…

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    • Invest in Africa, African Development Bank Chief Urges Investors at U.S.- Africa Business Summit
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Source: African Development Bank Group (AfDB) |

Invest in Africa, African Development Bank Chief Urges Investors at U.S.- Africa Business Summit

U.S. Administration pledges strong support

The President of the African Development Bank Group (https://www.AfDB.org/) Dr. Akinwumi Adesina has given strong assurance to U.S. investors that Africa is a secure, competitive and profitable market for investment. Adesina was speaking on Wednesday at the U.S.-Africa Business Summit in Marrakech where he told American investors to see Africa…

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    • 30th Anniversary of the Sasakawa Foundation in 2016 in Tokyo
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Source: African Development Bank Group (AfDB) |

Statement on the Death of Former Prime Minister of Japan, Shinzo Abe

Shinzo Abe was a gentleman, a caring and visionary leader, who worked for a better and more peaceful world

I wish to express my condolences and sympathies to the Government and people of Japan on the tragic death of former Prime Minister Shinzo Abe. We mourn the loss of a great global statesman. Shinzo Abe was a gentleman, a caring and visionary leader, who worked for a better and…

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    • Invest More in Africa—Akinwumi Adesina Urges Keen Irish Business Community
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Source: African Development Bank Group (AfDB) |

Invest More in Africa—Akinwumi Adesina Urges Keen Irish Business Community

The exhortation from Africa’s premier development finance institution’s chief was matched by the Irish authorities’ publicly expressed enthusiasm about Ireland-Africa cooperation

Since joining the African Development Bank Group (www.AfDB.org) as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa. That mission received a strong boost last week at the 7th Africa Ireland Economic Forum in Dublin, as African Development Bank Group President…

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    • The African Development Bank is working towards establishing an Africa Emergency Food Production Plan which would result in the rapid production of 38 million tons of food across Africa over the next two years – Akinwumi Adesina, President, African Development Bank Group
    • “276 million people are marching toward starvation” – David Beasley, Executive Director, World Food Programme
    • “A perfect storm is leading to heightened global food insecurity, worse, much worse than the previous food crises over the past decade,” warned Tjada D’Oyen McKenna, Chief Executive Officer, Mercy Corps
    • “We should be concerned and even alarmed about the widening food security crisis that this war is causing for hundreds of millions far beyond Eastern Europe,” said Senator Coons, Chair of the Senate subcommittee on State, Foreign Operations and Related Programs.
    • Senate Appropriations Subcommittee on State Work Plan
    • Senate Appropriations Subcommittee on State Work Plan (FR)
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    • “A 1.5 billion African Emergency Food Production plan to avoid a looming food crisis,” tells President Adesina to U.S. Senate
    • “Africa must prepare for the inevitable global food crisis,” warns President Adesina during U.S. Senate hearing session
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Source: African Development Bank Group (AfDB) |

African Development Bank Group seeks US support for $1.5 billion emergency food plan for Africa

The plan is anchored on the provision of certified seeds of climate-adapted varieties to 20 million African farmers

The president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, made a compelling case, on Wednesday, for the United States to back the institution’s $1.5 billion emergency food production plan. The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine. Download audio…