African Development Bank President Akin Adesina at the closing press conference during day 5 of the AfDB Annual Meetings in Busan, South Korea, 25th of May 2018.
African Development Bank (Abidjan)
AfDB's Strong Financials Deliver Impressive Operational Results
The African Development Bank (AfDB), under the leadership of its President, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its Annual Report, released during the Annual Meetings in Busan, Korea. Bank disbursements reached US $7.81 billion in 2017, a 15% increase over 2016 and the highest on record for the Bank. Projects completed in 2017, according to its Financial Report, provided 1.5 million direct new jobs, 460 MW of new power capacity installed of which 33% are renewable, and built or rehabilitated 2,500 km of roads.The Bank has also released its Annual Development Effectiveness Review. More about AfDB in this BRIEFING.
Bilateral meeting between Dr. Akinwumi Adesina, African Development Bank President, and H.E. Dr. Jim Yong Kim, President of World Bank Group, during day 2 of the AfDB Annual Meetings in Busan, South Korea, 22nd of May 2018.
Scenes from the Financial Presentation during day 4 of the AfDB Annual Meetings in Busan, South Korea, 24th of May 2018.
Documents
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25 May 2018
Annual Development Effectiveness Review 2018 - “Made in Africa” – Industrialising the Continent
- Publisher:
- AfDB
- Publication Date:
Annual Development Effectiveness Review 2018 - "Made in Africa" - Industrialising the Continent. The Annual Development Effectiveness Review is a key element in the results management cycle of the African Development Bank (AfDB, or the Bank). It reviews development trends across Africa in each of the High 5 priority areas and assesses how the Bank's operations have contributed. It is a management tool for the Bank, helping us assess our own performance against the targets and
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25 May 2018
African Development Bank - Financial Report 2017
- Publisher:
- AfDB
- Publication Date:
The financial statements for the African Development Bank and the Nigeria Trust Fund have been prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board, while those of the African Development Fund were prepared on a special purpose basis. The financial statements have been audited by the independent audit firm Deloitte & Associés, who were given unrestricted access to all financial records and related data, including minutes see more »
Video
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25 May 2018
A Compendium of African Industrial and Infrastructure Projects Funded by the African Development Bank - Busan Presentation
- Publisher:
- AfDB
- Publication Date:
The African Development Bank, under the leadership of its President, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its Annual Report, released during the Annual Meetings in Busan, Korea. Bank disbursements reached US $7.81 billion in 2017, a 15% increase over 2016 and the highest on record for the Bank. This increase was driven, to a large extent, by the 42% increase in project loan and grant disbursements, which reflect
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InFocus
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The African Development Bank (AfDB)'s Senior Vice-President Charles Boamah and its Acting Vice-President for Finance, Hassatou N'Sele, took the stage during the 2017 AfDB's Annual Meetings in Ahmedabad, India on Wednesday, May 24, 2017, to give a financial presentation of the Bank's operations, financial profile and capital market activities. The Bank also released its 2016
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