June 01, 2015
Africa: Leaders Discuss a Single Market for Africa and the Need for Peace and Stability
African Heads of State attending the 50th African Development Bank Annual Meetings in Abidjan committed on Tuesday, May 26 to supporting policies that can fast-track the… Read more »
Africa: Outgoing President of AfDB Pledges to Continue to Work for Africa
The outgoing President of the African Development Bank has pledged to continue working for Africa after serving the Bank for a decade. Read more »
Africa: AfDB Hosts Launch of New Deal Monitoring Report
The Transition Support Department (ORTS) of the African Development Bank kicked off Day 1 of the Bank's 2015 Annual Meetings on Monday, May 25 by hosting the International Dialogue… Read more »
May 29, 2015
Africa: Curtain Falls On 2015 AfDB Annual Meetings in Abidjan
The 50th Annual Meetings of the African Development Bank (AfDB) and the 41st meetings of the African Development Fund (ADF) closed on Friday, May 29, 2015 in Abidjan, Côte… Read more »
Africa: AfDB Gathers Ideas for African Natural Resources Center Strategy
The African Natural Resources Center (ANRC), a new initiative by the African Development Bank (AfDB), got a boost in ideas from stakeholders on Friday, May 29 during a consultative… Read more »
Togo: AfDB's UA 2.34 Million* to Improve Roads and Travel Conditions in Togo and Burkina Faso
The Governments of Togo and Burkina Faso, on May 29 in Abidjan, signed a protocol agreement worth 2.34 million Units of Account (UA)* with the African Development Bank (AfDB) to… Read more »
Africa: Panelists Call for Support to Africa's Fashion Industry
The global fashion industry is worth $1.5 trillion, and while Africa is making contributions to the sector, the total value of African fashion is not known. Read more »
Africa: Relations Between Korea, Africa and the Bank Are Growing
Since relations between Korea and Africa began in 1961, bilateral trade has grown to about 60 percent. Read more »
Africa: Interview With Stefan Nalletamby, Director, Financial Sector Development, AfDB
The African financial sector is desperately in need of a shot in the arm as it continues to grapple with the legacy of banking systems and financial markets. Development of this… Read more »
Africa: AfDB Funds Usd 70.5 Million for Tanzania's Power Sector Reform and Governance Support Programme
Power sector reform and a governance support programme are central to the African Development's actions to accompany Tanzania's economic growth. Read more »
Africa: Structural Change Needed to Spur Innovation in Africa
The Annual Development Effectiveness Review presents the performance of the African Development Bank Read more »
Africa: Changing the Education Landscape to Ensure Jobs for Youth in Africa
Lowering youth unemployment across Africa is an urgent problem and greater vocational and industrial training programs may be the best way to put people to work. That was the major… Read more »
May 28, 2015
Africa: Akinwumi Adesina of Nigeria Elected 8th President of the AfDB
"Today, I have been given a great responsibility," Akinwumi A. Adesina said Thursday upon his election as the 8th President of the African Development Bank Group. Read more »
Africa: Akinwumi Adesina of Nigeria elected 8th President of the AfDB
Akinwumi Adesina was elected as the 8th President of the African Development Bank on Thursday, May 28. Read more »
Africa: Where Are Jobs for African Youth? in Agri-Business!
Agri-business has the potential to create jobs for the millions of African youth who are jobless even after graduating with good degrees, experts said Wednesday during a panel… Read more »
Africa: Panelists Call for Strong Paris Agreement, Climate Finance Justice for Africa
Panelists at high-level event on climate change on Tuesday have renewed their call for a strong and universal climate change agreement with increased flows of funds, sufficient to… Read more »
Africa: African Countries Asked to Address Security Threats By Investing in Holistic Development
In the face of growing threats to peace and security on the continent, African countries have been called upon to invest in development in a holistic way. Read more »
Africa: AfDB Supports Efforts in Improving Trade Finance in Africa
The African Development Bank (AfDB) is supporting efforts to improve trade financing on the continent. The Bank is not only financing trade activities and projects to facilitate… Read more »
Africa: AfDB's Development Effectiveness Review Shows 70 Percent of Indicators On Track
The African Development Bank (AfDB) is consciously contributing to Africa's development and it is achieving results. Read more »
Africa: Panelists Underscore Need for Integration of Africa's Stock Exchanges
African countries should support the integration of capital markets on the continent, panelists argued on Wednesday. Read more »
May 27, 2015
Africa: African Ecological Futures - 2015 Report Now Available
The 2015 African Ecological Futures report, launched Tuesday, May 26 in Abidjan, Côte d'Ivoire, during the 50th Annual Meetings of the African Development Bank (AfDB) and… Read more »
Africa: AfDB Scaled Up Project Funding By 15 Percent to U.S.$ 7.6 Billion in 2014
The African Development Bank Group (AfDB) realised a 15.3-percent increase in its operations turnover in 2014 compared to 2013 despite the challenging global and regional economic… Read more »
Africa: African Economies Grew By 3.9 Percent GDP in 2014 Amid Global and Regional Shocks
African economies registered 3.9% average GDP growth in 2014 compared to the 3.7% in 2013. This reflects resilience to global and regional shocks which affected the continent last… Read more »
Africa: AfDB Signs U.S. $100 Million Risk Participation Facility With Firstrand Bank S.a. to Boost African Trade
The African Development Bank (AfDB) formally signed on Wednesday, May 27 in Abidjan, Côte d'Ivoire, in the prelude of the 50th AfDB Annual Meetings, a USD 100 million… Read more »
Africa: AfDB Weighs Options for Africa's Economic Transformation
As Africa's premier development finance institution, the African Development Bank has kept faith with its mission by positioning itself at the centre of Africa's transformation in… Read more »