May 28, 2016
Africa: Japanese Investors and Partners Recognize Huge Potential of African Continent
The challenges facing Africa shouldn't be recognized with pessimism, but must be seen as investment opportunities, says the Head of the Africa Development Bank's (AfDB) External… Read more »
Africa: African Governments Urged to Shift Policy in the Energy Sector
African governments have been called upon to consider shifting policy in the energy sector by investing in industrialisation and providing subsidies on electricity for people in… Read more »
Africa: Partnership to Address Infrastructure Challenges in Africa
Three international firms have partnered to help address infrastructure challenges in Africa through investments in equity projects. Read more »
Africa: AfDB Reaffirms Supporting Climate Resilient and Low-Carbon Development in Africa
The African Development Bank has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate climate change. Read more »
Africa: AfDB's High 5s Agenda Gets Backing From African Civil Society Organizations At Closure of 2016 Annual Meetings
African Civil Society Organizations (CSOs) have announced, in a joint statement, that they will closely work with and support the African Development Bank in delivering the 'High… Read more »
Africa: Africa Should Take the Lead in Reducing Industrial Emissions, Panel Hears
The African Development Bank (AfDB) has challenged Africa to take the lead in implementing strategies to effectively end carbon emissions in the global process of manufacturing… Read more »
May 27, 2016
Africa: President Adesina Reaffirms Commitment to Support African Youth Entrepreneurship
With almost 200 million people between the ages of 15 and 24, the African continent boasts the youngest population in the world. By 2045, that figure is expected to double. Read more »
Africa: Africa, "Workshop of the World" - Manufacturing Strategies to Unleash a Continent
Africa's share of manufacturing in GDP is less than half of the average for all developing countries. On Thursday, May 26, a panel discussion, "Africa - Workshop of the World", was… Read more »
Africa: Goodbye, Lusaka - On to Ahmedabad - Curtain Falls On AfDB's 2016 Annual Meetings
The 51st Annual Meetings of the African Development Bank (AfDB) and the 42nd Meetings of the Board of Governors of the African Development Fund (ADF) wound up on Friday, May 27,… Read more »
Africa: United States Urges More African Countries to Join 'Partnership Against Illicit Finance'
More African countries should sign-up to the 'Partnership on Illicit Finance' (PIF), an initiative formed in July 2014 during the US-Africa leaders' summit. That was the call made… Read more »
Africa: African Legal Support Facility Launch Energy Project Financing Resource Handbook
Sixtus Vusi, Chairman of the African Legal Support Facility, launches the handbook Understanding Power Project Financing. Read more »
Zambia: AfDB to Support Zambia in Development of Renewable Energy Projects
Zambian Minister of Energy and Water Development, Dora Siliya, announced that her Ministry will in the next fortnight meet African Development Bank (AfDB) Resident Representative… Read more »
Africa: Partnership On Illicit Finance Launch Event
Members of the Partnership on Illicit Finance (PIF) met alongside the African Development Bank at the Bank's Annual Meetings in Lusaka, Zambia, to publish national action plans to… Read more »
Africa: African Risk Capacity and AfDB Sign MOU to Enable African Countries to Respond to Extreme Weather Events and Natural Disasters
The African Risk Capacity has taken major steps towards its goal of providing US $2 billion worth of annual climate disaster coverage to Africa's most vulnerable populations. Read more »
May 26, 2016
Africa: Is It What They Need? Experts Debate AfDB's New Affirmative Finance Action for Women in Africa
Three women each with a large basket full of fresh fruits, sat under the shade of a wide signpost just outside the main gate of Mulungushi International Conference Centre where the… Read more »
Africa: AfDB Plans to Expand Its Trade Finance Portfolio Across the Continent
The African Development Bank is planning to expand its trade finance products across the continent in the coming years as it seeks to bridge the existing funding gap to support… Read more »
Cameroon: AfDB and Cameroon Sign $1.726-Million Grant From the Global Environment Facility for Environmental Adaptation of Broadband Development
On Thursday, May 26, 2016 the African Development Bank Group (AfDB) and the Government of the Republic of Cameroon signed an agreement under which the Global Environment Facility… Read more »
Africa: World Leaders, Private Sector Endorse AfDB's "New Deal On Energy"
Influential world leaders and senior business executives have endorsed President Akinwumi Adesina's "New Deal on Energy", a vehicle through which the African Development Bank… Read more »
Africa: African Governments and the Private Sector Have Critical Roles to Play in the Energy Market
African governments and the private sector have important roles to play in the energy sector, especially in terms of investment resources and providing the appropriate regulatory… Read more »
Africa: Q&a Moono Mupotola, Director of Nepad, Regional Integration and Trade At the AfDB
1. What is the status of the New Deal on Energy for Africa and how can it serve Africa's regional integration purpose? Read more »
Africa: AfDB Embarks On Ambitious Plan to Ramp Up Agriculture, Create Jobs and Feed Africa
The African Development Bank (AfDB) plans to improve the agriculture sector in Africa by embarking on an ambitious seven-point plan which aims at transforming the sector and be… Read more »
Africa: Bank Aims to Boost High 5 Results By Striking New Pact With Civil Society At Cso Forum
During perhaps the most ambitious year for making plans to ramp up green and inclusive growth on the continent, the African Development Bank's Annual Civil Society (CSO) Forum… Read more »
Africa: A Resounding Africa Day At the AfDB's Annual Meetings in Lusaka
Africa Day takes place on May 25 every year, commemorating the signature of the founding agreements of the Organisation of African Unity (OAU), which was formed in Addis Ababa on… Read more »
Africa: African Economies on High Grounds as AfDB Readies to Leverage Resources for Accelerated Growth and Transformation
Despite the difficult and challenging global economic situation, African countries achieved considerable economic progress in 2015, registering a 3.6% average GDP growth during the… Read more »
May 25, 2016
Africa: AfDB and Millennium Challenge Corporation Sign MOU On Future Collaboration
The President of the African Development Bank (AfDB), Akinwumi Adesina, and the Deputy Chief Executive Officer of the Millennium Challenge Corporation (MCC), Nancy Lee, signed a… Read more »