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African Development Bank Group (AfDB)

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    • Group photo taken at the ceremony for the provisional acceptance of fibre optics at the Niger Telecoms office, Niamey, Niger
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Source: African Development Bank Group (AfDB) |

Niger takes a major step towards high-speed connectivity with handover of over 1,000 km of fibre-optic cable

The project has two major components: first, the construction of a 1,031-km national and cross-border fibre-optic network; and secondly, the installation of a Tier III national data centre

Niger has taken a major step forward in improving the country's broadband connectivity and regional digital integration by completing provisional acceptance of the fibre-optic sections built under the Trans-Sahara Optical Fibre Backbone Project (TSB) – a project financed by the African Development Bank Group (www.AfDB.org). On 14 November, an official…

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

African Development Bank Partners with AXIAN Telecom to Accelerate Africa's Digital Transformation

Over $10 million will be dedicated to empowering 22,000 women entrepreneurs in Madagascar through AXIAN’s Mvola platform

The African Development Bank (www.AfDB.org) has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will accelerate the modernization and expansion of AXIAN Telecom‘s network infrastructure, with a focus on 4G and 5G deployment; while…

African Development Bank Group (AfDB)

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Source: African Development Bank Group (AfDB) |

Central African Republic: New digital era dawns with debut of high-speed internet cable

Funded by the African Development Bank and the European Union to the tune of €33 million, the new cable, is now rapidly ushering the Central African Republic (CAR) into a new and unprecedented digital age

Junior is a young student at a technical college in Bangui, capital of the Central African Republic, getting set to resume studies at the University of Bangui. From childhood, he has restlessly pursued interesting and ambitious ideas. A recent one: building a humanoid robot called “Mama Africa", to raise awareness…

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

Africa’s agriculture value chains must go digital to transform production - webinar

It explored digital responses that can be quickly deployed to address the disruptions to food systems, caused by COVID-19

Africa must seize the opportunity of the COVID-19 pandemic to deepen the digitalization of agricultural value chains and transform the sector, speakers at a webinar jointly hosted by the FAO Investment Centre and the African Development Bank (www.AfDB.org) said. The webinar, held on 10 June, is the first of a…

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

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum

The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives

Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar hosted by the African Development Bank (AfDB.org) at its headquarters in Abidjan. The event attracted Ivorian and regional…

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

Getting Africans ready for the Fourth Industrial Revolution (4IR)

The African Development Bank will hold a workshop on the ability of the emerging technologies of the fourth industrial revolution to overcome the challenges that Africans face

WHAT: Workshop on the digital economy and the fourth industrial revolution in Africa WHO: The Industrial and Trade Development Department and Corporate IT Department WHEN: 19 to 20 February 2020 from 9 am to 5 pm WHERE: Babacar Ndiaye Auditorium, African Development Bank Headquarters The African Development Bank (AfDB.org) will…

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

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi Adesina

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (https://www.AfDB.org/) to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place…

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

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges United Kingdom (UK) investors

The Bank’s chief argued that Africa and the UK should be significant trading partners

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the…