Source: African Development Bank Group (AfDB) |

Angola to Sign Lusophone Country-Specific Compact

On 10 July 2019, The Governments of Angola and Portugal and the African Development Bank, will sign a Country-Specific Compact

WHO: The Government of Angola, the Government of Portugal, and the African Development Bank WHAT: Lusophone Country-Specific Compact Signing Ceremony         WHERE: Luanda International Fair (FILDA), Special Economic Zone    WHEN: 10 July 2019, 10:15-11:25 a.m. On 10 July 2019, The Governments of Angola and Portugal and the African Development Bank, will…

Source: African Development Bank Group (AfDB) |

African Development Bank, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development

It provides risk mitigation, investment products and technical assistance to accelerate private sector development in Lusophone African countries

The African Development Bank (www.AfDB.org) and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa. The signing took place on Sal Island on 1 July,…

Source: African Development Bank Group (AfDB) |

African Development Bank welcomes EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)

The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took place in Lisbon, Portugal

The African Development Bank (www.AfDB.org) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took…

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

Hello Malabo! Equatorial Guinea

All set for the African Development Bank's 54th Annual Meeting

"When you put your forces together, you can achieve the critical mass to be solid player on the global scene," African Development Bank (https://www.AfDB.org/en/) 's  Chief Economist and Vice President of Economic Governance & Knowledge Management Celestin Monga told journalists at a press conference ahead of the Bank's Annual Meetings.…

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…