Category: Business

The African Development Bank on 14 June 2022 launched a 19-billion Ugandan shilling (UGX) ($5.07 million) 2-year theme bond, the first-ever African frontier currency-denominated environmental, social and governance (ESG) issuance by a multilateral development institution. The bond, due June 2024, will be settled in dollars at a fixed coupon of 10.5%. It was issued under the African Development Bank Group’s… Read More

The Board of Directors of the African Development Fund today approved a $27.19 million grant to Ghana for infrastructure for skills development and job creation for youth and women in its post-Covid-19 recovery efforts. The grant will enhance higher-level skills delivery in the health system in the West African nation and create jobs for youth and women. The Post-Covid-19 Skills… Read More

The African Development Bank Group has appointed Dr. Soumik Paul as Acting Director of the Staff Welfare Services, Compensation and Employment Policy Department. Dr. Paul, a citizen of Kenya, is a consultant surgeon with extensive managerial experience in clinical medicine, surgery, disaster medicine, occupational health and safety, medical insurance, and medical law. He also has experience in welfare services and… Read More

The African Development Bank has appointed Jessica Kitakule-Mukungu as Acting Director of the Talent, Performance Management and Staff Development Department. Mrs. Kitakule-Mukungu, a British national, has over 20 years of international experience with various international organizations. She is currently Manager for the Human Resources Operations Division, where she leads the human resources administration, staff benefits management, payroll, client services and human… Read More

The African Development Bank Group has appointed Mr. Ifechukwude Emmanuel Ezinwa as Acting Director of the Human Resources Operations, Recruitment and Client Services Department, with effect from 1st July 2022. Mr. Ezinwa, a Nigerian national, is currently Manager of the Human Resources, Client Relations and Staff Engagement Division. He is a seasoned people management professional, with a diverse range of… Read More

Who:           Dr Akinwumi Adesina What:          7th Africa Ireland Economic Forum Where:        Dublin, Ireland When:         30 June 2022 African Development Bank Group President Akinwumi Adesina will join Ireland’s Minister for Foreign Affairs and Minister for Defence, Simon Coveney, and others, in Dublin, Ireland, for the 7th Africa Ireland Economic Forum on the 30th of June 2022. The conference is a key element… Read More

The Government of Rwanda, in partnership with the African Development Bank’s Fund for African Private Sector Assistance, has launched a two-year project to boost industrial capacity in the country. The Enhancing the Quality of Industrial Policy in Rwanda Project (EQuIP) is worth $550,000. It will build the capacity of staff under the Ministry of Trade and Industry and its agencies,… Read More

What:          Leveraging Africa’s green minerals for the energy transition: The role of regional integration and the AfCFTA        Who:            The African Development Bank When:          Monday, 11 July 2022; 10:00 GMT Where:         Virtual via Zoom – REGISTRATION The African Development Bank will host a webinar on green minerals and the energy transition on 11 July 2022 under the theme: Leveraging Africa’s green… Read More