Category: Investments

En cette matinée du 17 décembre 2021, Mme Sabine Ouédraogo a le sourire aux lèvres. Comme dix-neuf autres responsables d’associations féminines, elle vient de recevoir un chèque de 3,5 millions de francs CFA (5335,7 euros), et ne tarit pas de remerciements à l’endroit des bienfaiteurs du jour. Le soutien financier dont elle vient de bénéficier s’inscrit dans le cadre du… Read More

The African Development Bank has received a huge response to its call for applications to take part in a training program that seeks to bring digital skills to Africa’s underserved communities. More than 19,000 aspiring digital ambassadors have applied since the program launched on 17 November. All eligible African youth are encouraged to apply for the peer-to-peer learning program before 31… Read More

The Danish government has provided a $30.1 million grant to the African Development Bank-managed African Water Facility to enhance access to quality water and sanitation for Africans living in four arid and drought prone countries.  The grant will benefit rural dwellers in Burkina Faso, Mali, Niger and Somalia under the Facility’s Improving access to climate-resilient safe water supply and sanitation… Read More

The African Development Bank Group is pleased to announce the appointment of Mr. Osward Mulenga Chanda as Director, Water Development and Sanitation, with effect from 1 December. Mr. Osward Mulenga Chanda, a Zambian national, joined the African Development Bank in 2009 as Chief Water and Sanitation Engineer. He was then appointed as Division Manager, Water Security and Sanitation, in the… Read More

The African Development Bank Group is pleased to announce the appointment of Mr. Stephen Ashcroft as Director, General Services and Procurement, with effect from 16 February 2022. Mr. Stephen Ashcroft, a British national, brings more than 25 years of progressively responsible managerial experience in procurement and related fields. He is joining the Bank after a career at AECOM, a Fortune… Read More

The African Development Bank Group is pleased to announce the appointment of Dr. Alex Mubiru as Acting Director General, Cabinet Office of the President, effective from December 17, 2021. Dr. Mubiru, a citizen of Uganda, will hold this position until further notice, given the appointment of the Director General of the Office of the President, Yacine Fal, as Acting Vice… Read More

The African Development Bank Group is pleased to announce the appointment of Ms. Yacine FAL, currently Director General, Cabinet Office of the President, as the Acting Vice President, Regional Development, Integration and Business Delivery of the African Development Bank Group. Her appointment is effective from 17 December, 2021. In her current position as Director General, Ms. Fal oversees the administrative… Read More

Ethiopian President Sahle-Work Zewde met with African Development Bank President Dr Akinwumi A. Adesina while on a working visit to Côte d’Ivoire. Meeting Thursday at the Bank’s headquarters in Abidjan, they discussed Ethiopia’s current and post-Covid-19 development priorities. Describing the African Development Bank as Ethiopia’s development partner of choice, President Zewde commended the Bank for its longstanding support and its… Read More

The African Development Bank, in partnership with professional services provider Ernst & Young and Perspectives Climate Group, has published a study on the demand for Certified Adaptation Benefits as a means of financing private sector adaptation projects in Africa. Certified Adaptation Benefits are generated by the Adaptation Benefits Mechanism (ABM), an innovative financial instrument that enables donors, consumers, and others… Read More

Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index. Published yearly since 2016, the Index measures African countries’ openness to travellers from elsewhere on the continent. This year’s edition found that the onset of the Covid-19 pandemic substantially impacted free movement. “In this new era… Read More