Category: Investments

How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent’s development goals in the post-COVID world? That was the question posed at a webinar hosted by the African Union’s Economic, Social and Cultural Council (AU-ECOSOCC) and the African Development Bank’s Civil Society and Community Engagement Division to mark Africa Day 2020. Senegalese singer and… Read More

Le Conseil d’administration de la Banque africaine de développement a accordé, le 2 juin à Abidjan, un financement de 13,55 millions de dollars américains pour soutenir la lutte contre la pandémie de la Covid-19 au sein de la Communauté économique et monétaire de l’Afrique centrale (CEMAC) et en République démocratique du Congo (RDC). L’appui financier de la Banque comprend un… Read More

The African Development Bank’s Fashionomics Africa initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion. The theme of the first episode of the series was: “What does the COVID-19 disruption mean for Africa’s Fashion Market? Opportunities and… Read More

Le Conseil d’administration de la Banque africaine de développement a approuvé, mercredi 3 juin à Abidjan, un prêt de 180 millions d’euros en faveur de la Tunisie pour financer le programme d’appui à la réponse au Covid-19 par l’inclusion sociale et l’emploi (PARISE). Le PARISE a pour objectif immédiat de renforcer la réponse sanitaire du pays et d’atténuer les impacts… Read More

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 for our 54 regional member… Read More

What: Africa’s Biodiversity Webinar series – World Environment Day and World Oceans Day Webinar 1: Investing in Africa’s biodiversity for a resilient and sustainable future Webinar 2: Protect 30% of the Blue Planet by 2030. Who:    African Development Bank, Ministry of Environment of Cote d’Ivoire, UN Environment Programme When: June 5, 2020, 10:00 GMT (Webinar 1) June 8, 2020… Read More

The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard by the novel coronavirus pandemic,  in support of  the costs of its national COVID-19 Economic and Social Resilience Program. The financing, which falls under the Bank’s COVID-19 Rapid Response Facility, will provide the nation with an emergency budget… Read More

For the past ten years, Africa has recorded some of the world’s strongest rates of economic growth. At the same time, many African economies continue to function at well below their full potential. Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives. The African Development Bank’s High 5 priority areas are intended to support… Read More

Le Conseil d’administration de la Banque africaine de développement a approuvé, le 22 mai à Abidjan, un projet d’urgence en faveur des pays à faible revenu membres de la CEDEAO pour le renforcement des systèmes de santé de la Gambie, du Mali et du Niger, en réponse à la pandémie de COVID-19. A travers ce projet, la Banque met à… Read More

The African Development Bank’s Board of Directors has approved an emergency project in support of three, low-income ECOWAS nations –  Gambia, Mali and Niger – to bolster their health systems in response to the COVID-19 pandemic. The Bank is making $22.4 million available for the project, approved by the Board on May 22. Part of the funding, $9.55 million, will provide… Read More