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

The Economic Community of West African States (ECOWAS) endorses Adesina for second term as President of the African Development Bank

Adesina is a renowned development economist and the first Nigerian to serve as President of the Bank Group

The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina for a second term at the helm of the institution. The decision was announced at the end of the fifty-sixth ordinary session of the Authority of Heads of State and…

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

‘Let West Africa’s success echo throughout the world.’ Economic Community of West African States (ECOWAS) hails the success of African Development Bank investments in the region

The region’s economy is showing positive achievements, reaching 3.3 percent growth in 2019

The African Development Bank’s investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, said in Abuja on Saturday. He was speaking at the bloc’s fifty-sixth ordinary session, attended by regional heads of state and government. Brou said…

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

Nigeria: African Development Bank approves $124.2 million loan for water sector reforms in Akure to improve access to safe drinking water and sanitation

The project is set to address bottlenecks in critical water supply services to households in the densely populated project area

The Board of Directors of the African Development Bank (www.AfDB.org) on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes an African Growing Together Fund (AGTF) loan of $20 million. The overall project…

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

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. But an online learning program piloted by the African Development Bank has given her two “gifts”: digital skills and a sense of confidence. Odetola,…

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

African Development Bank President wins All Africa Business Leaders Awards ™ 2019 African of the Year award

To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond description – Akinwmi Adesina

African Development Bank (https://www.AfDB.org/en) President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders Awards (AABLA™), Thursday, in recognition of his bold leadership and the innovation of the Africa Investment Forum which “opened up billions of dollars of investment into the continent.” The…

African Development Bank Group (AfDB)

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Source: African Development Bank Group (AfDB) |

Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs

The recommendations from the youth dialogue were presented to African ministers at a ministerial roundtable later at the African Economic Conference (AEC)

Young African entrepreneurs urged to make their voices heard in business policy-making across the continent and called on governments to implement friendlier tax policies, improve access to finance and boost support for youth-led businesses to create jobs. Speaking at the 2019 African Economic Conference in the Egyptian resort of Sharm…

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

Fostering jobs, entrepreneurship, and capacity development for African youth: the time for disruption is now! (by Hanan Morsy)

The 2019 African Economic Conference (AEC) is held in Egypt and hosted by the Bank on the theme; “Jobs, entrepreneurship and capacity development for African youth"

by Hanan Morsy “There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with…

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

African Development Bank launches digital tool to help African youth learn to code

The goal is to scale up the program to 130 centers of excellence across the continent over a 10-year period

The African Development Bank (www.AfDB.org) and technology firm Microsoft (https://bit.ly/2LiaqcU) today launched the ‘Coding for Employment’ digital training platform (https://Coding4Employment.org/), an online tool to provide digital skills to African youth, wherever they are across the continent. The platform, launched at the 2019 African Economic Conference in Sharm El Sheikh, Egypt, aims to…

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

African Economic Conference 2019 – Participants Converge on Sharm El Sheikh to Debate Jobs, Skills and Capacity Development for Africa’s Youth

The three-day conference, from 2-4 December, brings together researchers, youth representatives, business leaders, policymakers and media representatives from Africa and around the globe

More than 350 stakeholders are converging on Sharm El Sheikh, Egypt, to participate in the 2019 African Economic Conference (AEC), with this year’s focus on jobs, skills and capacity development for Africa’s youth. The three-day conference, from 2-4 December, brings together researchers, youth representatives, business leaders, policymakers and media representatives…

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

2019 conference on land policy in Africa: why it matters for the continent, by Cosmas Milton Ochieng

The theme of this year’s Conference on Land Policy in Africa is “Winning the fight against corruption in the land sector in Africa

Cosmas Milton Ochieng, an expert in natural resource governance and economic development in Africa, is the Director of the African Natural Resource Centre at the African Development Bank (https://www.AfDB.org). In collaboration with the African Union Commission and the United Nations Economic Commission for Africa, the African Development Bank will host…