African Development Bank Press Releases - EIN Presswire - Press Release Distribution Service

Published on June 28, 2024 - 17:51 GMT

In Tokyo, African Development Bank Group Seeks Japanese Partners to Boost Value Addition and Productivity in Africa

The African Development Bank is looking to partner with Japanese firms to advance its strategic priorities of value addition to raw materials and increasing productivity in key sectors across Africa, Bank leaders said during meetings with several major …

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Published on June 28, 2024 - 15:27 GMT

African Development Bank and partners visit Lomé-Cotonou road upgrading site and ancillary projects

Representatives of development partners financing a major highway upgrade linking the Togolese capital, Lome, to Cotonou, Benin, joined Togolese officials on 19 June 2024 to inspect the project's progress. The €181.4 million Lomé-Cotonou Road …

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Published on June 27, 2024 - 13:46 GMT

Regional Consultation on Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop on Continental ...

What: Regional Consultation on Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop on Continental Nutrition Accountability Scorecard (CNAS) Who: Government of Uganda, African Union Commission, African …

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Published on June 27, 2024 - 13:46 GMT

Guinea: USD 14 million loan from the African Development Fund will support industrial development and resilience of SMEs

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a loan of US $14.04 million to Guinea for implementation in the country of the Industrial Development and SME Resilience …

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Published on June 27, 2024 - 13:46 GMT

How one man helped raise $180 billion for Africa in six years

Transcription from the original interview: https://edition.cnn.com/2024/06/25/world/video/marketplace-africa-african-development-bank-akinwumi-adesina-spc Dr. Akinwumi Adesina The young people we have in Africa are brilliant. They are smart, they are …

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Published on June 27, 2024 - 06:35 GMT

African Development Bank Seeks Japan's Support for Climate Action and Infrastructure Projects

An African Development Bank delegation in Tokyo on Monday 17 June held meetings at the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), with Mr. Takashi Koyari, Parliamentary Vice-Minister for Land, Infrastructure, Transport and Tourism, as …

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Published on June 26, 2024 - 19:27 GMT

African Development Bank named Development Financial Institution of the year by TXF Global

The African Development Bank has received the Development Finance Institution (DFI) of the year award at the TXF GLOBAL 2024 Export, Project & Development Finance Conference, for being at the forefront of multilateral development bank (MDB) innovation. …

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Published on June 26, 2024 - 09:47 GMT

AfDB President Adesina looks back after eight years at the top

June 24th, 2024— Conversation with Akinwumi Adesina by Chris Bishop. Image : Tiziana FABI/AFP Original story: https://african.business/2024/06/finance-services/afdb-president-adesina-looks-back-after-eight-years-at-the-top He’s had his critics over the …

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Published on June 26, 2024 - 03:31 GMT

African Development Bank secures $18 million GEF funding for Zambezi Basin and E-waste projects

The African Development Bank has secured more than $18 million in funding from the Global Environment Facility (GEF) for two major projects aimed at bolstering environmental sustainability and resilience across Africa. The first project, " …

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Published on June 25, 2024 - 19:06 GMT

African Development Bank expands urban support program to six new cities

The African Development Bank’s Urban and Municipal Development Fund (UMDF) has expanded its African Cities Program to cover six new cities across the continent. The expansion, approved by the Fund’s 13th Oversight Committee, will help bolster urban …

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Published on June 25, 2024 - 13:46 GMT

Cultivating Hope: Ivorian Cocoa Farmers' Path to Empowerment

On a misty morning in rural Cote d’Ivoire, Delphine Papo deviates from her usual routine. Instead of trekking 4 kilometers through the fog to her cocoa plantation, she’s headed to a special class. The Watté United Brothers Cooperative (SCUW) is hosting a …

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Published on June 25, 2024 - 00:47 GMT

African Development Bank and African Solidarity Fund seal strategic partnership

The African Development Bank and the African Solidarity Fund (ASF) have signed a letter of intent to strengthen the two institutions’ working relationship and synergy. The partnership was ratified by Aida Ngom, Director of the Private Sector Development …

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Published on June 22, 2024 - 18:47 GMT

Japanese Keizai Doyukai and African Development Bank forge stronger ties to boost private investment and youth engagement in ...

Representatives from the Japanese business association Keizai Doyukai and the African Development Bank Group met in Tokyo on Tuesday to explore deepening private sector cooperation and investment in Africa. The meeting, held at Keizai Doyukai’s offices …

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Published on June 22, 2024 - 12:47 GMT

Liberia: African Development Fund approves $10 million from GAFSP Trust Fund to scale up nutrition project

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food …

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Published on June 22, 2024 - 11:22 GMT

Central African Republic: African Development Bank Open Day in Bangui takes partnership with civil society to a new level

Participants hailed the success of an Open Day for civil society organised by the African Development Bank Group this month in Bangui. The event demonstrated the Bank’s commitment to strengthening its partnership with non-state actors in order to promote …

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Published on June 22, 2024 - 01:18 GMT

African Development Bank, WFP project boosts wheat production in war-torn Sudan amid soaring hunger

An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across five …

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Published on June 22, 2024 - 01:18 GMT

Bridging Progress: African Development Bank powers The Gambia’s leap into the future

The African Development Bank’s investments in The Gambia’s energy sector have significantly improved access to affordable and reliable electricity, with at least 70% of Gambians projected to have power by the end of 2024 (50% in rural areas), according to …

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Published on June 22, 2024 - 01:18 GMT

Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank's strong support to manage risks, African Development Bank Group leaders stressed at the Japan-Africa Business Forum in …

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Published on June 22, 2024 - 01:18 GMT

Nigeria: African Development Bank and Infrastructure Credit Guarantee Company Limited sign $15 million agreement to enhance ...

The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit's capital base and attract institutional investors’ resources …

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Published on June 19, 2024 - 21:40 GMT

African Development Bank and ICRC stress co-creation to build resilience in Africa

Following the signing of a Memorandum of Understanding between the African Development Bank and the International Committee of the Red Cross in December 2023, representatives of both institutions met in Abidjan to take stock of progress and to further …

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