Tag «African Development Bank»

African Development Bank delivers on a decade of transformative commitments to reduce poverty

For the past five decades, the African Development Bank Group has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution. The Bank has delivered on its goals of reducing poverty and fostering inclusive growth on the continent. We scaled up development support …

African Development Bank launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers

  RESPONDS TO G20 ACTION PLAN FOR MDB BALANCE SHEET OPTIMIZATION CREATES ADDITIONAL HEADROOM THAT WILL BE CHANELLED TO SUPPORT FURTHER DEVELOPMENT ACROSS AFRICA SUPPORTED BY INSURANCE BROKER – RFIB GROUP LTD AND LEADING UK REINSURERS LONDON, United Kingdom, 22 October 2018 — The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce …

African Development Bank and Purdue University to hold conference on successful technologies for African farmers

From:              25/09/2018 To:                   27/09/2018. Location:          Purdue University in West Lafayette, Indiana The African Development Bank and Purdue University are organizing the Scale Up Conference on Agricultural Innovations from September 25-27, 2018, to address how to shift agricultural innovations from research institutions into the developing world, particularly Africa. The Scale Up Conference will bring together hundreds …

African Development Bank releases new tool to assess  resilience and fragility in countries

  An innovative and inclusive approach A powerful  tool for dialogue between the Bank and its regional member countries Abidjan, Côte d’Ivoire, 13 September 2018 –The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into account their capacities and  pressures they may be under. Called the Country …

African Development Bank President Akinwumi Adesina to attend China-Africa Cooperation Summit in Beijing

From:             3/09/2018 To:                  4/09/2018 Location:       Beijing, China The President of the African Development Bank, Dr. Akinwumi Adesina, will lead a delegation to the Forum on China–Africa Cooperation (FOCAC 2018), which will take place in the Chinese capital Beijing from 3 to 4 September 2018. The theme of this year’s summit, which will …

African Development Bank Mourns Passing of former Secretary General of the United Nations and Nobel Peace Prize Laureate Kofi A. Annan

Abidjan, Côte d’Ivoire, 18 August 2018  – The African Development Bank has learned with deep sadness the news of the death of Kofi A. Annan, former Secretary General of the United Nations and Noble Peace Prize Laureate, at the age of 80 in Bern, Switzerland. “With Mr. Kofi Annan’s passing, Africa and the entire world …

African Development Bank and Canada share commitment to women’s empowerment on the continent

Abidjan, Côte d’Ivoire, 17 August 2018 On her first visit to the West African nation of Cote d’Ivoire, Canada’s Minister of International Development, Marie-Claude Bibeau and the President of the African Development Bank Akinwumi Adesina, shared a common vision and commitment to the advancement of women and girls on the continent. Both officials met at …

African Development Bank Signs US$41 million grant agreement for Sudan’s Agriculture Value Chain Development Project

Khartoum, Sudan, 27 July 2018 – The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the country. The project was identified under Sudan’s National Agriculture Investment Plan (SNAIP), which seeks to increase agricultural production through the modernization of …

African Development Bank and Portuguese-speaking countries sign declaration to spur economic development in Lusophone Africa

“Compact” seeks to attract increased private investment opportunities Santa Maria, Island of Sal, Cabo Verde, July 18, 2018 – The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”. Dr. Akinwumi Adesina, President of the African Development …