African Development Bank Group (AfDB) / Press Release

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- US and African Development Bank forge stronger ties to boost food production (1)
- US and African Development Bank forge stronger ties to boost food production (2)
- US Secretary of State Antony Blinken (left) visited AfricaRice HQ in Abidjan, where he praised the African Development Bank Group’s work to improve Africa’s food security. He is welcomed by African Development Bank Group President Akinwumi Adesina (second left) and AfricaRice DG Baboucarr Manneh
- Speaking to the press, Secretary Blinken said the Biden administration was convinced that there is tremendous potential in investing in the production of crops that are climate-resilient and highly nutritious
- Bumper harvest: A local rice farmer (right) shows African Development Bank Group President Akinwumi Adesina rice varieties grown from climate-resilient seeds from the Bank’s TAAT initiative during a visit to AfricaRice’s headquarters in Abidjan
- African Development Bank Group President Akinwumi Adesina shows US Secretary of State Antony Blinken a variety of rice grown from climate-resilient seeds from the Bank’s TAAT programme during a visit to AfricaRice’s HQ in Abidjan
- L-R: African Development Bank Group President Akinwumi Adesina and US Secretary of State Antony Blinken listen attentively as a local rice farmer explains how climate-resilient seeds from the Bank’s TAAT programme have increased her yield, during a visit to AfricaRice’s HQ in Abidjan
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Source: African Development Bank Group (AfDB) | Jan 25, 2024

United States and African Development Bank forge stronger ties to boost food production

The United States will work with the African Development Bank to identify opportunities to partner with the US State Department’s Vision for Adapted Crops and Soils (VACS) activities and develop an investment strategy

Secretary of State Blinken and Bank President Adesina Highlight Africa’s Efforts to Feed Itself and Rest of World; Welcome Increased Support and Investment in African Initiatives. United States Secretary of State Antony Blinken has praised the African Development Bank Group for the exceptional efforts it is undertaking to help Africa…

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- African Development Bank interventions help to push Africa's digital boundaries further. Photo: Bank Group President Dr Akinwunmi Adesina meeting with U.S Ambassador to Côte d'Ivoire Jessica Davis Ba
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Source: African Development Bank Group (AfDB) | Nov 28, 2023

United States (U.S.) and African Development Bank Collaborate to Accelerate Africa’s Digital Transformation

The initiative builds on the African Development Bank's $2 billion investment in digital infrastructure, which includes regional and national broadband development

The U.S. Commercial Service and the African Development Bank (www.AfDB.org) have announced a new strategic collaboration in a move to drive digital transformation across Africa. Unveiled on the sidelines of the Africa Tech Festival held in Cape Town, South Africa, this collaboration paves the way for a series of dialogues on…

Source: African Development Bank Group (AfDB) | Sep 12, 2023

African Development Bank's Sustainable Energy Fund for Africa welcomes $50 million in new commitments from Germany and United States of America at Africa Climate Summit

The contributions will serve to boost its position as one of the continent’s leading climate finance facilities

The African Development Bank's (www.AfDB.org) Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.info/3EfNjLE) welcomes approximately $50 million in new funding contributions from Germany and the United States. The contributions will serve to boost its position as one of the continent’s leading climate finance facilities. The funding was announced on Tuesday 5 September at…

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- AfDB Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi (1)
- AfDB Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi (2)
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Source: African Development Bank Group (AfDB) | Jun 30, 2023

United States Agency for International Development's (USAID) Power Africa, African Development Bank broaden cooperation on fighting energy poverty and climate change in Africa

During the signing at the Africa Energy Forum, Power Africa’s Acting Coordinator David Thompson highlighted the role of partnerships in accelerating and sustaining the just energy transition

The United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, and the African Development Bank (www.AfDB.org), have signed an extension and expansion of their existing Regional Development Objectives Agreement (RDOAG) on the margins of the Africa Energy Forum (www.Africa-Energy-Forum.com) in Nairobi. The move deepens the strategic…

Source: African Development Bank Group (AfDB) | Apr 28, 2023

African Development Bank Debars Société Bel Mabrouk Des Travaux and Investissements S.A.R.L for 13 Months for Fraudulent Practices

The debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions

The African Development Bank Group (http://www.AfDB.org), on 28 April 2023, announces the 13-month debarment of Société Bel Mabrouk Des Travaux et Investissements S.A.R.L with effect from 11 April 2023. Société Bel Mabrouk Des Travaux et Investissements S.A.R.L is a limited liability company registered under the laws of Tunisia. An investigation…

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- Africa Investment Forum Senior Director Chinelo Anohu ( 5th from left, poses with US Ambassador to Cote d'Ivoire Jessica Davis ( fourth from left) and women businesses leaders, March 8 2023 Abidjan
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Source: African Development Bank Group (AfDB) | Mar 15, 2023

International Women’s Month 2023: Abidjan-based women Investment Champions share their journeys with Africa Investment Forum

They also opened up about their expectations of AIF as a catalyst and facilitator of financing for women

The Africa Investment Forum (https://www.AfricaInvestmentForum.com/) marked International Women’s Day by hosting a special evening session for African women business leaders and innovators under its “Women as investment Champions pillar”. Founded in 2019 by the African Development Bank and seven other founding partners, the Forum is a fully transactional, multi-stakeholder, multi-disciplinary…

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- (Left to Right); Mukhtar Abdi Ogle from the Office of the President of Kenya, United States International University-Africa Vice Chancellor Margie Ensign and Hendrina Doroba, Education Division Manager with the African Development Bank, unveil the Coding for Employment Program Centre of Excellence plaque
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Source: African Development Bank Group (AfDB) | Feb 15, 2023

Kenya: The African Development Bank’s Coding for Employment Program opens second Center of Excellence to boost youth digital skills

Coding for Employment and its partners aim to reach over 1,800 Kenyan youth through the two centers

The African Development Bank (www.AfDB.org) has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This marks an important milestone for the Bank’s Coding for Employment program (https://Coding4Employment.org) and its growing partnerships with higher education and technical and vocational education and training institutions. …

Source: African Development Bank Group (AfDB) | Feb 07, 2023

African Development Bank, Production Partner on New Podcast Presented by the World Trade Center in Washington, DC

Carol Pineau, award-winning filmmaker and journalist to host 10-week series on Bi-Lateral Issues

Africa-USA Now (https://AfricaUSANow.com), a new weekly video podcast spotlights current events at the intersection of Africa and the United States. The 10-week series launches at a pivotal time following the historic US-Africa Summit and the renewed commitment to partnership between Africa and the US. The current events talk show features African…

Source: African Development Bank Group (AfDB) | Dec 19, 2022

African Leaders and United States (U.S.) Government Affirm Commitment to Nutrition Investment for Africa on Margins of United States (U.S.)-African Leaders Summit

U.S. Government is committing $760 million to expand and scale agricultural programs that support farmers and communities around the world hit by rising food, fuel, and fertilizer prices

African leaders and the United States government have underlined the the need for increased investment and prioritization of nutrition across the African continent. The African Development Bank through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission convened a high-level discussion on 12 December, on…

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- African Development Bank’s acting Chief Economist, Kevin Urama (second left) and other panelists at a seminar on the African Economic Outlook 2022, hosted by the Atlantic Council in Washington, DC. 27 July 2022.
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Source: African Development Bank Group (AfDB) | Jul 29, 2022

Atlantic Council Panel on 2022 African Economic Outlook Pushes for ‘Africa agenda’ at COP 27

In a presentation on the report, Acting Chief Economist Urama called for policy coordination and a more holistic approach to tackling climate change

Africa deserves the highest priority attention at the United Nations climate conference, COP 27 to be held in November this year, panel members discussing the African Development Bank’s (www.AfDB.org) African Economic Outlook 2022 (https://bit.ly/2Z1dRwt) in an event hosted by the Atlantic Council, said on Wednesday. A team from the African…