Category: Business

Amid a call for urgent action to safeguard the continent from climate change, Gabon’s President Ali Bongo Ondimba opened the 2022 Africa Climate Week by highlighting his country’s efforts to boost climate action and calling for continuous collective efforts. “For more than ten years, we have intensified our efforts to protect our remarkable forestry heritage and build a low-carbon economy,”… Read More

The African Development Bank Group played a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD), held this year in the Tunisian capital, Tunis, as Japan, a long-standing development partner of Africa, continues to lend its economic weight to the continent’s progress. TICAD8 took place from 27 to 28 August and brought together delegates… Read More

What:      Africa Adaptation Dialogue: implementing the vision When:     31 August 09:30 – 10:30 CAT Where:    Libreville, Gabon Who:       Global Center on Adaptation; Africa Adaptation Initiative (Chaired by Gabon); African Development Bank Despite contributing the least to global warming, Africa finds itself on the frontline of the climate emergency, with the impacts of external shocks exacerbating these vulnerabilities. Indeed, large portions… Read More

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their strong support to Africa’s development. He told Japanese businesses to… Read More

The government of Japan and the African Development Bank have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025. The announcement was made at the Eighth Tokyo International Conference on African Development (TICAD8) held Sunday 28 August 2022 in the Tunisian capital, Tunis. The funds… Read More

Original story: https://www.ft.com/content/456479eb-6c03-4e1f-b051-934f0f9b5378 On the day of Shinzo Abe’s assassination in early July, Akinwumi Adesina, the president of African Development Bank, mourned the death of Japan’s longest-serving prime minister by calling him “a great friend of Africa”. “He drove Ticad for a very strong Japan-Africa partnership,” Adesina said in a condolence message posted on… Read More

Representatives of Nigeria’s Diaspora, national networks, and youth and women groups have hailed the African Development Bank for supporting transformational projects in the country and across Africa. The African Development Bank forum, which took place in early August, is part of the institution’s ongoing mid-term review of its country strategy for Nigeria. Over two days, more than 200 participants received… Read More

The African Development Bank Group will play a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD) taking place in the Tunisian capital, Tunis, this year as Japan—a long-time development partner of Africa—continues to lend its economic weight to the continent’s progress. Running from 27 to 28 August, TICAD8 will bring together delegates from… Read More