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African Development Bank Group (AfDB)

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    • The project, supported by the African Development Bank Group, will increase the rate of socio-professional integration among young people in Côte d'Ivoire
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Source: African Development Bank Group (AfDB) |

African Development Bank Group approves €139 million loan to boost youth employment in Côte d'Ivoire

The initiative targets training more than 8,700 young people, with 50 percent being women, in five strategic sectors – renewable energy, digital economy, agribusiness, blue economy, and the textile and clothing industry

The African Development Bank Group (www.AfDB.org) has approved loans totaling €139.68 million to support youth employment and entrepreneurship in Côte d'Ivoire, targeting key sectors with high job creation potential. The loan comprised of €126.32 million from the Bank Group’s commercial African Development Bank window and €13.36 million from its concessional…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Dr. Akinwumi Adesina has received the title deed of the site hosting the institution’s headquarters building in Abidjan from the Dean of the Bank’s Boards of Directors Adama Koné
    • Rising on the site of the current headquarters, the new building will showcase architectural innovation through its energy-efficient design and advanced security features, marking a new chapter in the African Development Bank Group’s presence in Abidjan
    • African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan

The executive directors unanimously approved the proposal, stating it was important for the Bank to maintain its strong presence in Abidjan and to invest in a work environment that supports the well-being of its staff

The African Development Bank Group’s (www.AfDB.org) Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a modern, state-of-the-art building to host its headquarters in Côte d’Ivoire’s commercial capital, Abidjan. The executive directors unanimously approved the proposal, stating it was important for the Bank to maintain…

African Development Bank Group (AfDB)

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    • For Burkina Faso and Mali, two landlocked countries located in West Africa, asphalting road corridors is essential for access to seaports
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Source: African Development Bank Group (AfDB) |

African Development Fund approves over €156 million for upgrase of cross-border roads connecting Burkina Faso and Mali with Côte d'Ivoire

A total of 242 km of road will be revamped in the two countries courtesy of funding from the Bank Group's concessional window and the Transition Support Facility

The Board of Directors of the African Development Fund (https://apo-opa.co/4f9eBTb) approved loans totalling €156.66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the two landlocked West African countries to Côte d'Ivoire. A total of 242 km of road will be…

African Development Bank Group (AfDB)

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    • AfDB Vice-President Solomon Quaynor (second from right) with, from right, AfDB Director Issa Maman-Sani , Seynabou Ba, Founder, ESG Africa, Frederic Wiltmann, Head of Project Team, MCDF, MFW4A Partnership Coordinator Marina Finken and AfDB Project Manager Uche Duru
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Source: African Development Bank Group (AfDB) |

Environmental, Social and Governance Disclosure is Critical for Africa’s Sustainable Development -- African Development Bank Group (AfDB) Vice-President (VP) Quaynor at Inaugural Africa Environmental, Social and Governance (ESG) Forum

The forum aims to catalyze collaboration and knowledge sharing on ESG issues, paving the way for the establishment of a centralised Africa ESG Information Disclosure Hub

“The importance of ESG disclosure for attracting finance for sustainable development in Africa cannot be overstated. It is no longer an optional add-on; it is a necessity if Africa is to thrive and not just survive in the 21st century,” stated Solomon Quaynor, African Development Bank Group (www.AfDB.org) Vice-President in…

African Development Bank Group (AfDB)

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    • The African Development Group and Agence Française de Développement to jointly boost entrepreneurship in Africa. AFD Remy Rioux (left) and Akinwumi Adesina. Abidjan, October 11, 2024
    • African Development Bank, Agence Française de Développement cement partnership to support youth entrepreneurship in Africa (1)
    • African Development Bank, Agence Française de Développement cement partnership to support youth entrepreneurship in Africa (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank, Agence Française de Développement cement partnership to support youth entrepreneurship in Africa

Africa is home to the youngest population in the world with over 60% of people on the continent below 25 years

The African Development Bank Group (www.AfDB.org) and Agence Française de Développement (AFD) on Friday announced they would renew their joint efforts to catalyse resources to boost entrepreneurship in Africa as a crucial driver of economic development, tackling unemployment and reducing inequality. African Development Bank President Dr Akinwumi A. Adesina and…

African Development Bank Group (AfDB)

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    • Joseph Ribeiro, the African Development Bank’s Deputy Director General for West Africa (middle), during his visit to the Singrobo-Ahouaty hydroelectric power plant
    • In Yamoussoukro, the Bank delegation visited numerous facilities currently under construction, under the auspices of the Bélier Region Agro-Industrial Cluster Project (2PAI-Bélier)
    • In Toumodi, the 2PAI-Bélier team made a point of immortalising the Bank Group delegation’s visit
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Source: African Development Bank Group (AfDB) |

African Development Bank’s High Impact Projects Transform Côte d'Ivoire’s Energy and Agriculture Sectors

The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018

During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s…

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

African Leaders Meet to Combat Land Degradation and Desertification at African Ministerial Conference on the Environment (AMCEN) Special Session

Over 65 percent of the continent's land is affected by degradation, impacting 400 million people

The African Development Bank (www.AfDB.org), the African Union Commission, the United Nations Environment Programme (UNEP), and the United Nations Convention to Combat Desertification (UNCCD) brought together African ministers of environment in Abidjan to adopt the Abidjan Declaration (https://apo-opa.co/3BnJ6GN), a commitment to jointly tackle land degradation, desertification, and drought across Africa. The 10th…

African Development Bank Group (AfDB)

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    • Cote d’Ivoire President Alassane Ouattara gives rousing remarks during the African Development Bank's 60th Anniversary Celebrations. Abidjan, 10 September 2024
    • The African Development Bank launches its Analytical Report during its 60th Anniversary celebrations. Abidjan, 10 September 2024
    • Cote d'Ivoire President Alassane Ouattara (centre) is treated to walk down memory lane as he is shown the historical photo exhibit during the African Development Bank's 60th Anniversary celebrations by Dr. Akinwumi Adesina ( left) and Director Desire Vencatachellum (far right). Abidjan, 10 September 2024
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Source: African Development Bank Group (AfDB) |

A Day of Joy as the African Development Bank celebrates 60 Years

The African Development Bank has financed some pivotal infrastructure and helped improve the living conditions of millions of Africans

The President of Cote d’Ivoire Alassane Ouattara led celebrations on Tuesday to mark the African Development Bank’s (www.AfDB.org) 60th anniversary. “This is an historic milestone and a cause for celebration, but it is also an opportunity to see that the African Development Bank has financed some pivotal infrastructure and helped…

African Development Bank Group (AfDB)

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    • AfDB Director Anthony Nyong with other speakers at the opening of CCDA 12 in Abidjan
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Source: African Development Bank Group (AfDB) |

African Institutions Converge in Abidjan to Shape Climate Agenda for COP29

The Twelfth Conference on Climate Change and Development in Africa is expected to build consensus around African countries’ position on climate action

The African Development Bank (www.AfDB.org), the African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA), and the Pan African Climate Justice Alliance (PACJA), brought together key stakeholders in Abidjan to align Africa’s climate action priorities ahead of the COP29 conference. The meeting, the Twelfth Conference on Climate…

African Development Bank Group (AfDB)

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    • Upcyclers, a web-based marketplace digitalizing the e-waste value chain, is a Ghanaian enterprise selected as one of 30 beneficiaries in the first cohort of the African Development Bank-supported AfriCircular Innovators Programme
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Source: African Development Bank Group (AfDB) |

African Development Bank’s AfriCircular Innovators Programme names 30 small and medium enterprises to receive assistance to scale up circular economy solutions

MSMEs represent 80 percent of Africa's businesses, while the circular economy in Africa has the potential to generate 11 million jobs

The African Development Bank-supported (www.AfDB.org) AfriCircular Innovators Programme has selected 30 small and medium enterprises to receive financing and technical assistance to scale up circular economy (https://apo-opa.co/3SZxikc) initiatives. This inaugural cohort, drawn from Cote d’Ivoire, Ghana and Rwanda, participated in an online onboarding event on August 9, 2024. The AfriCircular…