Source: African Development Bank Group (AfDB) |

African Development Bank’s Adaptation Benefits Mechanism helps to climate-proof Ivorian smallholder farms’ cocoa yields

Cocoa plantations, which are the backbone of the world’s chocolate supply, are highly vulnerable to climate hazards, such as heatwaves, droughts, seasonal shifts, and erratic rainfall

Help is on the way for the global cocoa supply chain, severely threatened by climate change. A new project by the African Development Bank (www.AfDB.org) and the International Agroforestry Agency [ICRAF (www.WorldAgroForestry.org)] would bring relief to two Ivorian smallholder cocoa farmers’ communities in Soubre and Vavoua currently grappling with declining…

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

COVID-19 is a ‘wake-up command’ to address Africa’s challenges - Tony Blair

The former UK prime minister addressed a virtual audience on the topic Building Back Better in Post COVID-19 Africa: The Role of Technology and Governance, as part of the Kofi A. Annan Lecture Series

We have the same problems but what we also have is vastly increased urgency – Blair; Agriculture offers Africa its best opportunity for industrialization…the key is how does Africa raise productivity, develop the integrated technology in rural areas? - Adesina The COVID-19 pandemic has exposed the challenges and opportunities of…

Source: African Development Bank Group (AfDB) |

African Development Bank’s second virtual business opportunities seminar of 2020, draws 250 global partners and suppliers

During the seminars, participants are informed about the Bank’s strategy for supporting economic growth, its priority areas and rules and procedures for project and corporate procurement

The African Development Bank (www.AfDB.org) hosted its second virtual business opportunities seminar in 2020 (BOS) on 13 and 14 October. The BOS offers a one-stop shop for individuals and consulting firms, civil contractors, manufacturers, suppliers, and diplomatic commercial attachés from the Bank Group’s regional and non-regional members seeking to provide…

Source: African Development Bank Group (AfDB) |

Africa’s climate change fight gets a boost as Global Center on Adaptation sets up regional home at the African Development Bank

Hosted by the African Development Bank at its headquarters in the Ivorian commercial capital, Abidjan, GCA Africa will work with partners across the continent

African leaders welcomed the opening of a regional office of the Global Center on Adaptation on Wednesday, voicing hopes it will spur the continent’s efforts to combat climate change. In speeches marking the virtual launch of GCA Africa, the leaders said the Center could also provide an impetus for a…

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

Global and African Leaders welcome Launch of Global Center on Adaptation (GCA) Africa as “Historic Moment to Accelerate Adaptation” on the Continent

GCA Africa will work with partners across the continent to scale and accelerate adaptation action that protects African communities from the impacts of climate change

The Global Center on Adaptation (GCA.org) today announced the launch of its regional office in Côte d’Ivoire. Hosted by the African Development Bank (www.AfDB.org) at its headquarters in the Ivorian capital Abidjan, GCA Africa will work with partners across the continent to scale and accelerate adaptation action that protects African…

Source: African Development Bank Group (AfDB) |

African leaders reaffirm support for African Development Bank as President Adesina begins second term

The meetings were held virtually due to the restrictions imposed by the COVID-19 outbreak

African leaders on Tuesday reaffirmed their support for the African Development Bank Group (https://www.AfDB.org/) and its leadership under Dr. Akinwumi Adesina as he begins his second five-year term with a renewed mandate to foster sustainable development on the continent.  In goodwill messages to mark Adesina’s inauguration, Presidents Muhammadu Buhari of…

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

Dr. Akinwumi Adesina, eighth President of the African Development Bank, sworn in for second term

Adesina – “Let us move forward, driven by the power of our mission, inspired by the primacy of our vision and emboldened by the strength of our togetherness”

“Today, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies of Africa...The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank.” With these powerful words President of the African Development Bank Group (www.AfDB.org),…

Source: African Development Bank Group (AfDB) |

Au revoir, Abidjan - Hello, Accra: African Development Bank 2021 Annual Meetings to be held in Ghana

The Bank’s Annual Meetings represented a unique opportunity to discuss challenges and ways to advance the continent’s regional integration agenda

Ghana will host the African Development Bank’s (https://www.AfDB.org/) next Annual Meetings in May 2021, it was announced Thursday, at the end of the Group’s 2020 meetings. The 2021 meetings will take place in the country’s capital city, Accra. Côte d’Ivoire Planning Minister Niale Kaba, handed over the baton to Ghana,…

Source: African Development Bank Group (AfDB) |

CORRECTION: Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Adesina: "I am deeply grateful for the collective trust, strong confidence and support of our shareholders”

Newly reelected African Development Bank (www.AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for a second five-year term for Adesina, giving him a mandate to renew a focus on the institution’s priorities,…

Source: African Development Bank Group (AfDB) |

Closing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group, 2020 Annual Meetings African Development Bank Group August 27, 2020

The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!

Honorable Niale Kaba, Chairperson of the Board of Governors Your Excellencies, Governors Members of the Board of Directors Senior Management and Staff of the African Development Bank (www.AfDB.org) Ladies and Gentlemen The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!…