June 01, 2018
Africa: African Development Bank Encourages Japanese Private Sector to Invest in Agribusiness in Africa
The African Development Bank held a seminar focusing on agribusiness on May 29, n2018 in Tokyo, Japan. This was the first joint event with Sasakawa Africa Association, following… 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 »
Africa: Ten-Year CAD 60-Million "Feed Africa" Bond Issued By the African Development Bank
The AAA-rated African Development Bank (Moody's/S&P/Fitch/Japan Credit Rating Agency), issued its second "Feed Africa" bond for CAD 60 million, sold to Japan Post Insurance… 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 »
Somalia: Italy Ramps Up Support for Somalia's Infrastructure, Contributes €1 Million to Somalia Infrastructure Fund
The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy's contribution of €1 million to the Somalia Infrastructure… Read more »
May 28, 2018
Africa: African Development Bank Annual Meetings 2018
Young Laureates of "The Africa of my Dreams" essay contest light up Africa Day Read more »
Africa: Young Laureates of "The Africa of My Dreams" Essay Contest Light Up Africa Day
On Friday, May 25, 2018, the last day of the African Development Bank Annual Meetings, which were held this year in Busan, Korea, the Bank celebrated Africa Day, which commemorates… Read more »
May 25, 2018
Africa: The African Development Bank and the Global Green Growth Institute Partner to Fast-track Green Growth in Africa
The African Development Bank (link is external) and the Global Green Growth Institute (link is external) (GGGI) signed a Memorandum of Understanding (MoU)… Read more »
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 »
Mali: Board Approves Independent Review Mechanism's Recommendations and the Management Action Plan for Modern Mills Project in Mali
On April 26, 2018, the Board of Directors of the African Development Bank Group approved compliance recommendations of the Independent Review Mechanism (IRM) on the… Read more »
May 24, 2018
Africa: Climate and Disaster Risk Financing Get Fresh Boost from African Development Bank
“We talk about integrating Africa. We cannot integrate countries that are fragile, we can only integrate countries that are secured.”– Akinwumi Adesina,… Read more »
Africa: FAPA Donors and AFAP Sign Grant Agreement in Support of Local Supply and Utilization of Fertilizer in Africa
On the sidelines of the African Development Bank Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) (link is external) donors and… Read more »
Africa: Babacar Ndiaye Trophy presented in Busan by Akinwumi Adesina, President of the African Development Bank
The Babacar Ndiaye Trophy for 2018 was presented on Wednesday evening in Busan, Korea, by the President of the African Development Bank, Akinwumi Adesina, to the representative of… Read more »
Africa: African Development Bank Achieves Historic Disbursement of US $7.81 billion, Exceeding 2017 Target
The African Development Bank, under the leadership of its President, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa,… Read more »
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 »
Africa: Integrity in Development Projects - African Development Bank and Sinohydro Reach Settlement Agreement On Fraudulent Practice
Sinohydro Corporation agrees to a comprehensive verification of its compliance program by the African Development Bank following the detection of a fraudulent practice in tendering… Read more »
May 23, 2018
Africa: Korea Announces $5-Billion Financial Package for Africa At African Development Bank Annual Meetings
The Government of Korea and the African Development Bank have issued a Joint Declaration following the conclusion of the Ministerial Roundtable of the Korea-Africa Economic… Read more »