Tagged:
Content from a Premium Partner

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

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.

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

Video

InFocus

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.