May 24, 2018
Africa: 53rd Annual Meetings of the African Development Bank: Board of Governors Reviews the Bank's Performance
The Board of Governors of the African Development Bank (AfDB) met on Thursday, May 24 in Busan, Korea, for the second time during the 53rd Annual Meetings to review… Read more »
Africa: With a Strong Financial Profile, the African Development Bank is Spearheading Africa's Economic Transformation
The African Development Bank has a very strong financial profile and remains focused on optimizing and strengthening its balance sheet to more effectively accompany African… Read more »
Africa: African Development Bank Delivers Strong Operational Results
The African Development Bank is delivering on its goals and making good progress towards achieving its development and operational targets according to the 2018 Annual… Read more »
May 25, 2018
Africa: "We Solve the Problems, You Finance Us!": Young African Entrepreneurs Make the Call at 2018 Annual Meetings
"African youth are not waiting for any reforms to happen. Our moment is now. The African continent offers tremendous business opportunities and we are committed to developing… Read more »
Africa: Guest of the day: Vincent Nmehielle, Secretary General, African Development Bank Group
In the lead-up to the 53rd Annual Meetings of the African Development Bank, Bank Group Secretary General Vincent Nmehielle explains the rationale behind this year’s… Read more »
Africa: Hallyu, the Korean Pop Culture Model that Could Inspire Africa
“Culture meets industry – the case of Korea, Hallyu,” a session at the 2018 Annual Meetings of the African Development Bank organized by the host country,… Read more »
Africa: Guest of the Day: Stella Kilonzo, Senior Director of the Africa Investment Forum
Through the Africa Investment Forum, the African Development Bank is taking a new approach by offering a multi-stakeholder and multi-disciplinary platform that promotes… Read more »
Africa: Guest of the Day: Hassatou Diop N'Sele, Acting Vice-President, Finance, and Treasurer, African Development Bank Group
In this interview, the Treasurer of the African Development Bank Group, Hassatou Diop N’Sele, confirms the financial soundness of the Bank and its favourable prospects. In… Read more »
Africa: Guest of the day: Simon Mizrahi, Director of the Bank's Service Delivery, Performance Management and Results
The mandate of the African Development Bank is to work for Africa's development. But what is the tangible impact of its operations in the field and on the daily lives of millions… Read more »
Africa: Curtain Falls on Successful 2018 Annual Meetings of the African Development Bank in Korea
Board of Governors gives green light to discussions on the capital increase Equatorial Guinea to host 2019 Annual Meetings Read more »
May 31, 2018
Africa: African Development Bank and Republic of Korea to Strengthen Cooperation through Korea-Africa Tech Corps Program
The African Development Bank and the Republic of Korea have signed a cooperation agreement to enhance joint efforts to provide additional technical assistance to the Bank’s… Read more »
May 30, 2018
Africa: African Development Bank to Host U.S. $3 Million Rockefeller Trust Fund to Spur Agriculture and Youth Employment in Africa
The African Development Bank Group has established a US $3-million Rockefeller Trust Fund, a joint effort of the Bank and The Rockefeller Foundation to help spur Africa’s… Read more »
May 22, 2018
Africa: Private Sector Liaison Officers' Network and DFIs Share Ideas on Climate Smart Agriculture
The Private Sector Liaison Officers’ Network (PSLO) organized a Climate Smart Agriculture mission in Abidjan, Cote d’Ivoire,13-17 May 2018. During the four-day program,… Read more »
Africa: African Development Bank Launches New Civil Society Committee
Focusing on "Engaging Civil Society to Accelerate Africa's Industrialization" the 2018 Civil Society Forum organized by the Africa Development Bank in Abidjan explored how to… Read more »
May 23, 2018
Africa: Regional Cooperation, Structural Reforms Key to Economic Transformation
Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said… Read more »
Africa: Accelerating Africa's Industrialization
Drawing on the example of South Korea’s economic transformation Read more »
May 21, 2018
Africa: Why Africa Must Trust and Support its Youth to Creatively Drive its Industrialization
Many young Africans are coming up with innovative solutions to the continent’s problems and should be trusted and supported to drive continent’s industrialization,… Read more »
May 22, 2018
Africa: Korea is a Model for Africa's Industrialization, says President Adesina
Young Africans should be trusted and supported to drive the continent’s industrialization Read more »
Africa: South Korea's Rapid Development is an Inspiration to Africa, says African Development Bank President
The rapid economic development in Korea is an inspiration and a model to African economies, said African Development Bank President, Akinwumi Adesina. Read more »
June 07, 2018
Africa: Say No to Plastic! the African Development Bank Shows the Way in the Fight Against Plastic Pollution in Africa
While the fight against plastic waste is gaining more resonance in Africa, the use of plastic bags is still well-rooted in custom and practice, at the expense not only of the… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
Africa: Stimulating Africa's Bond Markets - African Development Bank Approves U.S. $10-Million Equity Investment in Financial Sector Deepening Fund
To strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, the African Development Bank has approved a US $10-million investment… Read more »
June 07, 2018
Africa: We Have High Hopes and Expectations for Your Country, Adesina Tells President of São Tomé and Príncipe
African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank's Board of… Read more »
June 06, 2018
Africa: African Development Bank Promotes Better Access to Mortgage Finance in Ghana
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an… Read more »
Sudan: African Development Bank Supports Agricultural Value Chain Development to Improve Household Incomes and Food Security in the Sudan
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »