Tag «African Development Bank»

African Development Bank and the International Solar Alliance team up to drive solar development in Africa

New Delhi, India, March 16, 2018 – The African Development Bank’s Vice-President for Power, Energy, Climate and Green Growth, Amadou Hott, took part in the Founding Conference of the International Solar Alliance (ISA) in New Delhi co-chaired by Prime Minister Narendra Modi of India and President Emmanuel Macron of France. About 50 countries were represented …

2018 African Economic Outlook: African Development Bank makes a compelling case for Africa’s industrialization

Abidjan, Côte d’Ivoire, January 17, 2018 – The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook launched in Abidjan, Côte d’Ivoire, on Wednesday, Adesina said …

African Development Bank, AUC promote the role of media as ambassadors for PIDA

Abidjan, Côte d’Ivoire, December 22, 2017: A three-day media-training workshop organized by the African Union Commission (AUC) and the African development Bank to hone the skills of journalists to effectively cover the Programme for Infrastructure Development in Africa (PIDA) has ended  at the Bank headquarters in Bank in Abidjan. The workshop, which was held from December …

African Development Bank and Green Climate Fund in full-scale partnership to unlock Africa’s potential

 Abidjan, Côte d’Ivoire, 8 November 2017 – If the fight against climate change is not won in Africa, it cannot be won anywhere else, said Akinwumi Adesina, President of the African Development Bank (AfDB) while signing a partnership agreement with the Green Climate Fund.  “Only by defeating the climate change threat in Africa can we reach …

Fitch affirms African Development Bank at ‘AAA’; Outlook Stable

Fitch Ratings has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with a Stable Outlook and Short- Term IDR at ‘F1+’. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers The ‘AAA’ rating primarily reflects extraordinary support from AfDB’s shareholders, assessed …

Africa Green Revolution Forum 2017 to highlight place of agriculture in diversification of African economies

From: 04/09/2017 To:  08/09/2017 Venue: Abidjan The 2017 Africa Green Revolution Forum will be held from September 4-8 in Abidjan, Côte d’Ivoire and aims to stress the capacity of agriculture and agribusiness to drive inclusive and sustainable rural development in Africa. The Forum will spotlight the important role agriculture and agribusiness play in current efforts …