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African Development Bank Group (AfDB)

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    • Ken Shibusawa, KEIZAI DOYUKAI; Solomon Quaynor, African Development Bank vice president for Private Sector, Infrastructure and Industrialization
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Source: African Development Bank Group (AfDB) |

KEIZAI DOYUKAI, African Development Bank Group sign letter of intent to strengthen cooperation and business ties between Japan and Africa

The DOYUKAI, a private, nonprofit, nonpartisan organization of Japanese business leaders, is envisaging the creation of an “Impact Fund” to build an impact investment ecosystem in Africa

KEIZAI DOYUKAI, or the Japan Association of Corporate Executives today signed a statement of intent with the African Development Bank Group to foster closer collaboration and to strengthen business ties between Japan and Africa. The signing took place on the sidelines of the Africa Investment Forum Market Days 2022, taking place…

African Development Bank Group (AfDB)
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…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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…

African Development Bank Group (AfDB)

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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…

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

The 8th Tokyo International Conference on African Development to Shore Up Japanese-Africa Economic Cooperation

Running from 27 to 28 August, TICAD8 will bring together delegates from across the continent, including the African Development Bank Group

The African Development Bank Group (www.AfDB.org) will play a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD) taking place in the Tunisian capital, Tunis, this year as Japan—a long-time development partner of Africa—continues to lend its economic weight to the continent’s progress. Running…

African Development Bank Group (AfDB)

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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…

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

African Development Fund: Japan, African Development Bank Group, sign JPY 73.6 billion loan agreement

The concessional donor loan will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries

The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group (www.AfDB.org) – on Tuesday signed a loan agreement of 73.6 billion Japanese yen ($668.1 million) to support the 15th replenishment of the African Development Fund (ADF-15). During a…

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

Africa Offers Asian Business an Abundance of Investment Opportunities, Webinar Participants Learn

The two-hour virtual event, held in English, Korean, and Chinese, offered participants an opportunity to learn more about the Bank and its operations

The African Development Bank (https://www.AfDB.org/) today held a workshop to convey the continent’s immense investment and partnership opportunities to Asian business leaders, particularly as the continent seems poised to return to economic growth in 2021 following the impact of the COVID-19 pandemic. The two-hour virtual event, held in English, Korean,…

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

The one-stop border post between Tanzania and Kenya, a symbol of East-African integration

The African Development Bank in 2007 approved $185 million in funding

Naftali Elude Mzota, a driver for the Impala Shuttle Company in Tanzania, has been driving between Tanzania and Kenya for over 23 years. Asked about the difficulties of crossing the border, Mzota sighs. "Customs clearance used to be a real challenge here, because there were two borders. You had to…