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

Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards

The initiative was formalized on 18 October, on the sidelines of the World Bank Group/International Monetary Fund (IMF) Annual Meetings in Washington DC

Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region. The initiative was formalized on 18 October, on the sidelines of the World Bank Group/IMF Annual Meetings in Washington DC. The countries agreed on priority projects and…

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

African Development Bank hosts masterclass on women’s skills in business development

The masterclasses are jointly conducted by the African Development Bank Group and Entreprenarium

The fourth Affirmative Finance Action for Women in Africa (AFAWA)/Entreprenarium masterclass began Monday in Pretoria, South Africa, aimed at improving women’s skills in business development and financial management. 40 business women, who came through an online application process, will attend the two-day masterclass, which will cover financial planning, lean start-up…

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

African Development Bank showcases impact of Korean drone technology on agricultural productivity

Drone technology is being used to collect and analyse data, and monitor irrigated areas, combat pests

At a special event highlighting the partnership between the African Development Bank (www.AfDB.org) and Korea held on the sidelines of the Bank’s Annual Meetings, the role of drone technology to boost food productivity in Africa, was on full display. A pilot project, underway in Tunisia, is designed to reduce food…

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

African leaders share their vision for an integrated continent

The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s 2019 Annual Meetings

Leaders from four African countries on Wednesday shared their vision for an integrated and borderless Africa that would foster economic growth and development. The leaders spoke during a high-level presidential dialogue on day two of the African Development Bank’s (www.AfDB.org) 2019 Annual Meetings. The panelists – President Teodoro Obiang Nguema…

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

“To integrate Africa, bring down the walls,” Adesina urges at 2019 African Development Bank Annual Meetings Open in Malabo

Adesina urged African governments to work toward the elimination of non-tariff barriers

African leaders on Wednesday underscored the urgent need to fast-track the continent’s regional integration process in order to accelerate Africa’s economic transformation. The call was made at the opening ceremony of the Bank’s 2019 Annual Meetings, in Malabo, Equatorial Guinea, with the theme: “Regional Integration for Africa’s Economic Prosperity.” “Apart…

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

“Coding must be compulsory, at all levels. The currency of the future is going to be coding…We must democratize technology,” Adesina tells Mo Ibrahim Governance Week

Information technology must not be the exclusive privilege of the elite

African Development Bank (www.AfDB.org) President Adesina, on Friday, pleaded for Africans to embrace technology, and governments to urgently move away from “investing in the jobs of the past, but rather in the jobs of the future. A future that is just around the corner.” Adesina was addressing a debateentitled: The New…

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

Visiting African Development Bank Governors from West Africa laud Bank’s transformative projects

“The African Development Bank is the answer for Africa’s development,” Governors acknowledge in annual consultative meetings

Governors representing the African Development Bank (www.AfDB.org) West Africa region held consultative meetings with the institution’s President and senior management in Abidjan on Monday, where they took stock of the Bank’s accelerated engagement in the region. Three hundred and seventy transformative Bank projects valued at US $11.3 billion between 2010-2017…

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

African Development Bank launches Africa Energy Portal

The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg

 “Building a Knowledge Base to De-Risk the Energy Sector in Africa,” brought together investors, policy makers and government officials for a presentation of the new initiative on Friday 9 November, the final day of the Forum. The AEP portal, hosted at http://Africa-Energy-Portal.org, will consolidate, validate, and disseminate energy data and…