Tag «AfDB»

World Fashion Day: AfDB moving the continent up the textile and clothing value chain with Fashionomics Africa

Abidjan, Côte d’Ivoire, August 21, 2017 – Some stakeholders in the textile and clothing industry have described Fashionomics Africa as a veritable platform to tap Africa’s huge potential for fashion. They spoke ahead of World Fashion Day, a day marked yearly on August 21 to celebrate and commemorate the glory, spirit and art of fashion …

AfDB to invest US$24 billion in agriculture in next 10 years

Abidjan, Côte d’Ivoire, 28 July 2017 – The African Development Bank (AfDB) will invest US $24 billion dollars in agriculture as part of its Feed Africa programme- a strategy for agricultural development in Africa. President of the Bank, Akinwumi Adesina, said this in a speech he delivered at the 50th anniversary celebration of the International …

AfDB Convenes ECOWAS Green Investment Catalyst Round Table

Abidjan, Côte d’Ivoire, 28 June 2017 – The African Development Bank (AfDB) in conjunction with UNFCCC and West African Development Bank (BOAD) convened the ECOWAS Green Investment Round Table on 21 June 2017 at AfDB Headquarters, Abidjan, Cote d’Ivoire, aimed at catalyzing and launching a program of work initiatives that promote private sector finance and …

AfDB assesses results of US$ 5 billion investment in South Africa

Abidjan, Côte d’Ivoire, 25 April 2017 – What do we get for US$ 5 billion investment? The Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has just published a report evaluating more than a decade of engagement in South Africa (2004 – 2015), principally in the finance and energy sectors. Striking the …