Tag «African Development Bank»

Integrity in Development Projects: African Development Bank and Sinohydro Reach Settlement Agreement on Fraudulent Practice

Sinohydro Corporation agrees to a comprehensive verification of its compliance program by the African Development Bank following the detection of a fraudulent practice in tendering for works contracts in Uganda Abidjan, Côte d’Ivoire, June 15th, 2017 – The African Development Bank Group (AfDB) on June 15th, 2017, announced the conclusion of a settlement agreement with …

“The time for Africa is now – we can’t slow down, we must quicken the pace”: Adesina

Ahmedabad, India, May 22, 2017 – India is the perfect place for the African Development Bank to focus on the transformative power of agriculture, Bank President Akinwumi Adesina has told the African, Indian and international press. “India is an inspiration to Africa, in that its Green Revolution took just three years. That was in large …

Launch of Africa Progress Panel Report on Electrifying Africa: African Governments and partners urged to move faster to close continent’s energy deficit

Abidjan, Côte d’Ivoire, March 13, 2017 – Former UN Secretary-General, Kofi Annan, and the President of the African Development Bank, Akinwumi Adesina, have called on African Governments and their partners to do everything possible to close the continent’s huge energy gap. They made the call on Monday, March 13, 2017 in Abidjan, Côte d’Ivoire, at …

African Risk Capacity and the African Development Bank partner to strengthen African countries struggling with climate disasters

Abidjan, Côte d’Ivoire/Johannesburg, South Africa/Hamilton, Bermuda, March 7, 2017 –The African Risk Capacity (ARC) has added a crucial partner to its portfolio by formally teaming up with the African Development Bank (AfDB) to strengthen mechanisms to manage weather-related risk on the continent. This partnership will formalize a technical collaboration to enhance risk management infrastructure …

African Development Bank supports Zimbabwe’s State enterprise reforms with USD 4.061 million

Harare, Zimbabwe, March 2, 2017 – On February 28, 2017, Bank Group Director General (DG), Southern Africa Regional Development and Business Delivery Office, Tonia Kandiero, and Zimbabwe’s Finance and Economic Development Minister, P.A. Chinamasa, signed a grant agreement on the Institutional support for State enterprise reform and delivery project (ISERDP) for a total amount of …

The African Development Bank Appoints Anthony Nyong as Director for Climate Change and Green Growth

The African Development Bank is pleased to announce the appointment of Dr. Anthony Nyong as the Director for Climate Change and Green Growth with effect from 1st January 2017. Dr. Nyong, a Nigerian, holds a Bachelor of Science degree in Geography and Regional Planning from the University of Calabar, Nigeria; a Master’s Degree in Land …

African Development Bank announces Directors General Appointments

Abidjan, Côte d’Ivoire, November 24, 2016 – Akinwumi Adesina, President of the African Development Bank (AfDB), today announced the appointments of Mr. Janvier Litse as Director General, West Africa Regional Development and Business Delivery Office; Mr. Ousmane Dore as Director General, Central Africa Regional Development and Business Delivery Office; Mr. Gabriel Negatu as Director General, …