Investments 

La Banque africaine de développement octroie un don de 976000 euros pour le Projet d’appui au démarrage du marché financier unifié d’Afrique centrale

Le Gouverneur de la Banque des Etats de l’Afrique Centrale (BEAC), Abbas Mahamat Tolli et le Responsable-Pays du Groupe de la Banque africaine de développement (BAD) au Cameroun, Solomane Koné, ont procédé le 21 décembre 2019 à Douala, au Cameroun, à la signature d’un accord de don d’un montant de 783 328 UC, (environ 976 000 euros), portant financement, par… Read More
Investments Southern Africa 

Angola: Assets of ex-president’s daughter frozen over graft

Assets of the daughter of former Angolan President, Eduardo dos Santos have been frozen by an Angolan court. The court ordered the freezing of assets held by dos Santos’ daughter Isabel over corruption allegations. State news agency Angop reported of the court decision on Tuesday. This is the latest high-profile case in the government’s anti-corruption drive. The Angolan government filed… Read More
Investments 

Funding options for African countries hit by climate change: Africa Climate Change Fund shows results

The debate around climate change often focuses on the targets that need to be achieved. Another aspect of the discussion is increasingly gaining attention; that is the funding required, for African countries in particular, where climate change has hit the hardest. The Africa Climate Change Fund (ACCF) recently convened an event titled “Supporting African countries to unlock and absorb climate… Read More
Investments 

‘Let West Africa’s success echo throughout the world.’ ECOWAS hails the success of African Development Bank investments in the region

The African Development Bank’s investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, said in Abuja on Saturday. He was speaking at the bloc’s fifty-sixth ordinary session, attended by regional heads of state and government. Brou said the Bank had provided “invaluable technical and financial interventions…in the… Read More
Investments 

ECOWAS endorses Adesina for second term as President of the African Development Bank

The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the institution. The decision was announced at the end of the fifty-sixth ordinary session of the Authority of Heads of State and Government of ECOWAS, held on Saturday in Abuja, Nigeria. “In recognition… Read More
Investments 

Global Gender Summit 2019: Climate investment funds can cushion women from adverse effects of climate change

Gender-sensitive climate action can help reduce women’s vulnerability to climate change, according to experts. The topic arose during the Global Gender Summit in Kigali, hosted by the African Development Bank and the government of Rwanda. Panelists discussed gender and social risk management, livelihood diversification and institutional strengthening, at a session entitled “Gender responsive climate action: experience from the Climate Investment… Read More
Investments 

Le corridor Lomé-Cotonou, financé par la Banque africaine de développement pour 109 millions de dollars, va bientôt changer la vie des transporteurs…

« A l’approche de la frontière entre le Togo et le Bénin, je croise les doigts pour passer le moins de temps possible. Je prie surtout pour que soit vite achevé le corridor afin de rendre la circulation plus fluide ». Accoudé à l’avant de sa remorque de 20 tonnes, Issa Diaby reste de longues heures à observer, au loin, les travaux… Read More
Investments 

Getting onboard: A new highway along the Nigeria-Cameroon border is helping women commuters and villagers all around

Women commuters along the Nigeria-Cameroon border are breathing a sigh of relief. Before  the construction of a cross-border road in the southeast of Nigeria and northwestern Cameroon, women struggled to get seats on public transport; drivers favored male passengers because they could help push stuck vehicles out of the mud. The Enugu-Bamenda Highway has put a stop to this gender… Read More
Investments 

Looking back at 2019: Key moments

The year 2019 was a year of exciting firsts for the African Development Bank Group. The year was marked by innovation and several new milestones that brought us closer to the “Africa we want.” The Bank pushed its High 5 strategy forward in tandem with the African Union’s Agenda 2063 and the UN’s Sustainable Development Goals. We saw continuing progress… Read More
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