Category: Business

Mauritius: African Development Bank assessment report paves the way for further reforms to public procurement system | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More

African Development Bank Group and Japan sign exchange of notes for $350 million private sector assistance loan to finance Bank’s private sector operations | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More

What?      Seminar on industrial and trade  business opportunities in Africa (IT-BOS) Who?       African Development Bank Group in collaboration with the Commercial Services Department (ECS), Africa Department, of the Egyptian Ministry of Industry  and Trade, When?     February 22, 2023, from 9:00 am to 3:30 pm (local time) Where?    Sofitel El Gezira Hotel, Cairo, Egypt The… Read More

African heads of state and government have endorsed the outcomes of the recent Dakar 2 Summit on Food Sovereignty and Resilience, hosted in January by the African Development Bank Group and the government of Senegal, calling for global support for its immediate implementation. In a resolution read at the end of the 36th African Union summit on Sunday in the Ethiopian… Read More

Experts examining an ongoing study of key factors underlying development in Africa on Friday, emphasized the need for the continent to sustain annual growth rates of at least 7-10 percent over the next 40 years if Agenda 2063 is to be met. The session, organized by the Africa Union Commission and the African Development Bank, was held on the sidelines… Read More

African leaders have pledged to take immediate action to integrate the recommendations from the newly released Africa’s Macro-Economic Performance and Outlook report into their national development plans. Zambian President Hakainde Hichilema said the study, conducted by the African Development Bank Group, provided an impetus for the continent’s leaders to forge ahead with needed reforms. His remarks were read on his… Read More

The African Development Bank Group and the Islamic Development Bank have signed a joint partnership action plan for the development of the pharmaceutical industry sector within their African member countries. The plan offers a new framework for strengthened cooperation and mutual development priorities, with a strong emphasis on boosting the continent’s health defense systems.   The aide-memoire was signed on Thursday,… Read More

Implemented in Angola between 2019 and 2022, the Angola Renewable Energy Program (AREP) has helped to establish a viable and sustainable procurement framework that stimulates investments by Independent Power Producers (IPPs) in the Angolan renewable energy sector, particularly in solar energy and hydropower. By the end of 2021, Angola had made progress by increasing the national electrification rate (from 33%… Read More

Mauritius has made critical strides in its public procurement system, but additional reforms are needed, according to an assessment report the African Development Bank released to the government on Tuesday. African Development Bank Director of Fiduciary Services and Inspection, Frank Mvula, said that following presentation of the report, the next step  should be the development of a detailed action plan… Read More