February 13, 2020
Africa: African Development Bank Rebuts World Bank President's Comments On Africa's Debt Profile
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a… Read more »
Africa: African Development Bank Rebuts World Bank President's comments on Africa's debt profile
Abidjan, Cote d’Ivoire, 13 February 2020 - In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks,… Read more »
February 12, 2020
Africa: AFAWA Initiative - French Delegation Follows Through Its Commitment With Working Visit to AfDB Headquarters
A delegation from the French government, led by Philippe Lacoste, director of sustainable development at the Ministry of Foreign Affairs, paid a working visit to African… Read more »
Africa: In Morocco Youth Take Up Agriculture and Make Good Money With African Development Bank Support
In Morocco, the African Development Bank has helped thousands of young people towards a new future in agriculture. Read more »
Africa: African Development Bank Approves $1 Million Grant for Uganda to Stem Ebola Transmission
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. Read more »
February 10, 2020
Africa: Canadian Prime Minister Justin Trudeau Meets African Leaders to Advance Conflict Resolution and Economic Security
Canada's Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on… Read more »
February 09, 2020
Africa: AU Summit - First Continental Report On Implementation of Agenda 2063 Unveiled
The African Development Bank, the United Nations, and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African… Read more »
Africa: AU Summit - African Leaders Call for Action to End Malnutrition By 2025
African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message… Read more »
February 07, 2020
Africa: African Development Bank's African Economic Outlook 2020 Lauded At 33rd AU Summit
"The report reminds us of the size of the investment that must be made in the development of human capital in Africa." - Victor Harison, the African Union Commissioner for Economic… Read more »
Kenya: On the Kenya-Tanzania Border, the African Development Bank Eases Trade With One Stop Border Post
On the border between Tanzania and Kenya sits Namanga, a town of 16,000 residents where cross-border trade has thrived thanks to investment in a One Stop Border Post (OSBP). Read more »
Africa: African Development Bank President Akinwumi Adesina to Lead Delegation to 33rd African Union Summit
Key engagements include a presidential dinner to address malnutrition, a high-level meeting with Canadian Prime Minister Trudeau, and the presentation of the 2020 African Economic… Read more »
February 05, 2020
Cameroon: In Cameroon, New Seed Varieties Help Cocoa Crops Bloom and Farmers Thrive
Antoine Mani Tonye sinks his thumb into the red soil to gauge how deep to plant the next seedling. The Cameroonian cocoa farmer has seen healthy yields and an improvement in his… Read more »
February 04, 2020
Liberia: African Development Fund Approves Close to $35 Million to the Government of Liberia for Renewable Energy
The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. Read more »
February 03, 2020
Africa: "Nobody Eats GDP" Says African Development Bank President As He Calls for Inclusive Growth
Africa's economies are growing strongly, but growth alone cannot meet the needs of the continent's poorest citizens, because "nobody eats GDP," the African Development Bank's… Read more »
Africa: Provide Young People With New Skills to Meet the Needs of a 21st Century Labor Market, African Development Bank Report Urges
"Youth must be prepared for the jobs of the future - not the jobs of the past," African Development Bank President Akinwumi Adesina said on Thursday at the launch of the Bank's… Read more »
January 31, 2020
Africa: "Teach Them Smart Solutions," Says Out-of-the-Box Thinker Monique Ntumngia, Founder of Green Girls, At 2020 African Economic Outlook Launch
African governments must foster innovation and provide hands-on education solutions to young people if the continent is to beat the challenges of the next decade and meet global… Read more »
January 29, 2020
Nigeria: 'Agriculture Is the Most Important Business in the World,' African Development Bank President Akinwumi Adesina Tells Students
African Development Bank President Akinwumi Adesina reminded students of the important role they have to play in the continent's economic development, as he was conferred with an… Read more »
Mali: African Development Bank Support Improves Livelihood of Rural Youth
Momou Dembélé, 30, is a qualified electrician. Married with two children, she left her hometown of Kimparana, where she trained, for Ségou in central Mali. Read more »
Egypt: African Development Bank Approves $22 Million to Expand Leasing Financing to Corporates and SMEs
The Board of Directors of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt's Corporate Leasing Company (Corplease) expand its operations… Read more »
January 28, 2020
Africa: Africa Fertilizer Financing Mechanism Governing Council Calls for More Investments in Africa's Fertilizer Value Chain
The Africa Fertilizer Financing Mechanism's Governing Council closed its eighth meeting with a call for increased investment to boost agricultural yields and build the industry… Read more »
Africa: The United Kingdom Reaffirms Its Commitment to Africa's Economic Transformation
The United Kingdom is the top donor to the African Development Fund (ADF), the Bank's concessional lending arm for its next three-year cycle, ADF-15 (2020 - 2022), a position it… Read more »
January 27, 2020
Chad: The African Development Bank Quenches the Thirst of Residents With Clean Drinking Water
Izerik Moussa Idriss is a plumber in Kélo, a city in southern Chad. Today, when he hops onto his moped, he can go about his work knowing that at the end of the day he won't… Read more »
Africa: African Development Bank Hosts Talks With ICRC On Making an Impact Through Collaboration
The African Development Bank held talks with International Committee of the Red Cross (ICRC) Vice-President Gilles Carbonnier at the Bank's headquarters in Abidjan on furthering… Read more »
January 23, 2020
Africa: The Third Review of the Independent Review Mechanism Launched
The third review of the Independent Review Mechanism (IRM) of the African Development Bank Group started in December 2019 and will run until January 2021. An international and… Read more »
Africa: 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 Read more »