Source: African Development Bank Group (AfDB) |

CHANGE OF VENUE: African Development Bank to present 2019 African Economic Outlook at 32nd AU Summit

The theme for this year’s African Economic Outlook is “Integration for Africa’s Economic Prosperity”

What: Presentation of the 2019 African Economic Outlook report When: 8 February 2019  Location: Small Conference Hall 1, AU Headquarters, Addis Ababa, Ethiopia. Time: 8.30 – 10.30 am The African Development Bank (www.AfDB.org) will present the 2019 edition of its flagship African Economic Outlook (https://bit.ly/2Djcpf8) (AEO) report on the sidelines of the 32nd Ordinary Session of the Assembly…

Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2018: Unveiling the boardroom deals, key highlights

Investment interest secured for 45 deals worth US$32 billion

The first of its kind transaction-based investment Forum in Africa, on Friday unveiled the conclusions of the boardroom sessions at the heart of the Forum, which brought together over 1,000 participants from government, the private sector, development finance institutions, commercial banks, and institutional investors such as sovereign wealth funds and…

Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2018: Lusophone Africa sets sight on US$5 billion in projects under new Development Finance Compact

Adesina: "Today is a day of delight, when we shine the light on a part of Africa that doesn't always get the attention it deserves."

Lusophone countries have identified a pipeline of more than US$5 billion in private sector and private-public partnership (PPP) projects to accelerate growth in their economies. The projects form part of a development finance compact between the Bank, the government of Portugal, and the six Portuguese-speaking countries of Africa - Angola,…

Source: African Development Bank Group (AfDB) |

The African Development Bank Group is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018

He worked earlier at the African Development Bank from 2008-2015 in various roles

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018. Dr. Magala, a citizen of Mozambique, is currently the Chairman and Chief Executive Officer of the Electricity of Mozambique (EDM).…

Source: African Development Bank Group (AfDB) |

African Development Bank and Portuguese-speaking countries sign declaration to spur economic development in Lusophone Africa

“Compact” seeks to attract increased private investment opportunities

The African Development Bank (www.AfDB.org) and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”. Dr. Akinwumi Adesina, President of the African Development Bank and Maria do Carmo Silveira, Executive Secretary of CLPL, signed the agreement…