Source: African Development Bank Group (AfDB) |

Au revoir, Abidjan - Hello, Accra: African Development Bank 2021 Annual Meetings to be held in Ghana

The Bank’s Annual Meetings represented a unique opportunity to discuss challenges and ways to advance the continent’s regional integration agenda

Ghana will host the African Development Bank’s (https://www.AfDB.org/) next Annual Meetings in May 2021, it was announced Thursday, at the end of the Group’s 2020 meetings. The 2021 meetings will take place in the country’s capital city, Accra. Côte d’Ivoire Planning Minister Niale Kaba, handed over the baton to Ghana,…

Source: African Development Bank Group (AfDB) |

CORRECTION: Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Adesina: "I am deeply grateful for the collective trust, strong confidence and support of our shareholders”

Newly reelected African Development Bank (www.AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for a second five-year term for Adesina, giving him a mandate to renew a focus on the institution’s priorities,…

Source: African Development Bank Group (AfDB) |

Closing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group, 2020 Annual Meetings African Development Bank Group August 27, 2020

The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!

Honorable Niale Kaba, Chairperson of the Board of Governors Your Excellencies, Governors Members of the Board of Directors Senior Management and Staff of the African Development Bank (www.AfDB.org) Ladies and Gentlemen The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!…

Source: African Development Bank Group (AfDB) |

Highlights: Day 2 of the African Development Bank Group’s 2020 Annual Meetings

This year’s Annual Meetings were held virtually for the first time to comply with COVID-19 social-distancing guidelines

The African Development Bank Group (www.AfDB.org) on Thursday climaxed its 2020 Annual Meetings with a decisive reelection of President Akinwumi Adesina for a second five-year term as the pan-African development body gears up to support the continent’s COVID-19 recovery efforts. “It shows your demonstrated weight of support for my vision.…

Source: African Development Bank Group (AfDB) |

Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Adesina: "I am deeply grateful for the collective trust, strong confidence and support of our shareholders”

Newly reelected African Development Bank (www.AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for a second five-year term for Adesina, giving him a mandate to renew a focus on the institution’s priorities,…

Source: African Development Bank Group (AfDB) |

Regional Integration as a Tool for Wealth Creation in Africa (By Khaled Sherif)

There is a need to focus on fundamentals: producing more of what Africa consumes, and consuming more of what Africa produces

The COVID-19 pandemic and its health and economic impacts has forced a global rethink of the current multilateral framework and what it means for the future. For Africa, COVID-19 has served as a wake-up call in many ways. The mitigation measures that were put in place by most countries, globally,…

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

Ivorian Green Cluster of small and medium-sized enterprises (SMEs) names African Development Bank a 2020 Green Champion

The Green Awards acknowledge and honor the actors that have made a significant contribution to the development of green SMEs

The Green Cluster of SMEs in Côte d'Ivoire (https://bit.ly/3aB67F1) has awarded the African Development Bank (https://www.AfDB.org/) a prize for the best technical and financial partner committed to promoting the green economy and supporting small and medium-sized enterprises (SMEs) toward a low-carbon transition. The prize was awarded on 30 July at…

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

African Union Commission inaugurates African Continental Free Trade Area (AfCFTA) permanent secretariat as launchpad for Africa’s economic transformation

The African Development Bank Group provided a $5 million institutional support grant to the AU towards the establishment of the AfCFTA secretariat

At a ceremony on Monday to commission the permanent secretariat of the African Continental Free Trade Area (AfCFTA), Ghana’s President Nana Akufo-Addo and Moussa Faki Mahamat, chairperson of the AU Commission, reiterated the importance of the body to the continent’s economic transformation agenda. “The economic integration of Africa will lay…

Source: African Development Bank Group (AfDB) |

‘Africa’s outlook is positive,’ African Development Bank tells Indian investors and officials

The African Development Bank and India have a long-standing strategic partnership dating back almost 40 years to 1982

The groundwork has been laid for Indian investors who are looking to invest in Africa. During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its partners, officials called for Indo-African partnerships to go beyond government-to-government cooperation and promote private sector participation in order to accelerate…

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

Conversation with Marieme Esther Dassanou, Coordinator of the African Development Bank’s Affirmative Finance Action for Women in Africa programme

She previously led IFC’s Gender Secretariat's work on advancing women's inclusion in the insurance and financial sectors

Marieme Esther Dassanou is the Coordinator of Affirmative Finance Action for Women in Africa (AFAWA) the African Development Bank’s (https://www.AfDB.org/) flagship pan-African initiative, which aims to bridge the $42 billion financing gap facing women entrepreneurs in Africa. She previously led IFC’s Gender Secretariat's work on advancing women's inclusion in the…