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

Published on April 4, 2024 - 19:04 GMT

Largest US bank JPMorgan Chase to deepen partnerships with the African Development Bank Group

African Development Bank Senior Vice-President Bajabulile Swazi Tshabalala, has held talks with a high-level delegation from JPMorgan Chase, the largest US bank, on potential partnership between the two institutions. The delegation from JPMorgan Chase, …

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Published on April 4, 2024 - 18:19 GMT

Gender in Focus: Affirmative Finance Action for Women in Africa-funded training gives women entrepreneurs tools and confidence to ...

Editor’s note: The African Development Bank’s Affirmative Finance Action for Women in Africa initiative aims to increase access to financing for the continent’s women-run business, to grow their commerce. This AFAWA effort includes a Women Entrepreneurship …

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Published on March 28, 2024 - 13:51 GMT

RASME Launch in Kenya to improve implementation of Bank projects

The Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative was launched in Kenya recently. Kenya now joins 31 other regional member countries where RASME has already been launched. The digital tool collects geo-localised data from the …

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Published on March 27, 2024 - 12:06 GMT

Leadership: An alliance with time

Original story: https://x.com/NGRPresident/status/1766506463520850187?s=20 Protocols… The man in whose memory we gather here today serves as a compass for each of us and a guiding light for several generations of leaders. His principles have withstood the …

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Published on March 26, 2024 - 17:43 GMT

African Development Bank champions private-public partnerships and good governance for universal water access in Kenya

Kenya’s Water and Sanitation Investors Conference 2024, held in the capital, Nairobi, concluded with a call for accelerated investment towards universal access to water and sanitation by 2030. The March 6-8 conference underscored the need for collaboration …

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Published on March 26, 2024 - 10:23 GMT

Experts Discuss Market Conditions, Performance and Expectations for Green Bonds and Sustainable Debt Issuance in Africa

Experts meeting in Abidjan this week agreed that Africa has not yet fully grasped the opportunities offered by green bonds (bonds issued to finance investments that meet strict sustainability requirements) and that a new approach is needed to raise …

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Published on March 22, 2024 - 19:21 GMT

The African Development Bank’s annual portfolio review of Global Agriculture for Food Security Program (GAFSP)

At the Sir Dawda Kairaba Jawara International Conference Center in Banjul, The Gambia, 50 participants attended the African Development Bank’s annual Portfolio review of the Global Agriculture for Food Security Program (GAFSP) this March. The group -- …

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Published on March 22, 2024 - 17:06 GMT

Hydric stress is a major concern in Morocco

Water is a vital resource that ignores geographical boundaries. Climate change is transforming our relationship with it, creating shortages and flooding. The number of water-related disasters is growing, cracking desiccated earth in the Horn of Africa, …

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Published on March 12, 2024 - 15:18 GMT

Empowering vulnerable women: African Development Bank financing bolsters economic inclusion in Togo

Some 45 kilometres from Lomé, in the village of Aného, a transformative initiative is reshaping the lives of vulnerable women like Adjoa Agbomassi. Following her successful treatment from obstetrical fistula, Adjoa now stands proudly by her vegetable …

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Published on March 11, 2024 - 13:44 GMT

Celebrities crowd Adesina Obafemi Awolowo Prize ceremony in Lagos

Original story : https://newafricanmagazine.com/30296/ The 2023 Obafemi Awolowo Prize for Leadership was formally presented to Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) during a glittering ceremony held at the Lagos Continental …

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Published on March 8, 2024 - 15:08 GMT

#IWD2024: African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) is investing in women, accelerating ...

By Dr. Beth Dunford Africa is undergoing a fundamental reset in mindset toward investing in its women entrepreneurs. For too long, too many commercial banks and other financial institutions have been on the wrong side of business practice when doing …

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Published on March 6, 2024 - 12:48 GMT

African Water Facility Hosts Key Donors on Implementing its Flagship Program and Developing its Strategy 2026 –2030

The African Water Facility (AWF) of the African Development Bank welcomed representatives from the Danish Ministry of Foreign Affairs and the Nordic Development Fund to its headquarters in Abidjan on 21 February 2024 to review the progress of shared …

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Published on March 1, 2024 - 12:52 GMT

United Nations Environment Assembly: The African Development Bank urges action to promote inclusive production and consumption ...

At the sixth United Nations Environment Assembly (UNEA6), the African Development Bank has called for African countries to take urgent, concrete measures to adopt circular economy practices and boost efficient resource use for sustainable production and …

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Published on February 28, 2024 - 09:59 GMT

24 global development organizations to watch in 2024

Original story: https://www.devex.com/news/24-global-development-organizations-to-watch-in-2024-107117 As 2024 gets underway, Devex is publishing a list of organizations we’ll be watching throughout the year. Some are established global development …

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Published on February 20, 2024 - 12:04 GMT

African Development Bank Group, Lake Chad Basin Commission sign MOU to restore Lake Chad Basin

The African Development Bank Group and the Lake Chad Basin Commission have signed a Memorandum of Understanding to rehabilitate and restore the Lake Chad Basin. The agreement, signed on the sidelines of the 37th African Union Summit held in Ethiopia, will …

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Published on February 6, 2024 - 18:44 GMT

COP28: Empower African Youth-led Climate Solutions in Francophone Regions

At COP28, the Africa Adaptation Acceleration Program (AAAP) – a joint initiative of the African Development Bank (AfDB) and the Global Center on Adaptation (GCA) – and the Institut de la Francophonie pour le Développement Durable (IFDD), hosted a side …

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Published on January 28, 2024 - 18:47 GMT

Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects

On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa. The European …

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Published on December 15, 2023 - 17:57 GMT

African Development Bank approves a US$ 175 million facility for United Bank for Africa (UBA) to support private sector and ...

The Board of Directors of the African Development Bank Group today approved a $175 million financial package for United Bank for Africa (UBA), comprising $100 million in long-term senior debt, $50 million of trade finance medium-term senior debt and a $25 …

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Published on December 15, 2023 - 08:16 GMT

Cameroon: African Development Bank grants a loan of EUR 74 million for electricity sector reforms to facilitate universal access ...

The Board of Directors of the African Development Bank Group approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will …

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Published on December 8, 2023 - 19:56 GMT

African Development Bank approves $66 million loan for equity enhancement of Tanzania Agricultural Development Bank

The African Development Bank Group’s Board of Directors has approved a $66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank (TADB). The financing will enable TADB to strengthen its capital and …

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