Category: Business

This majestic structure, laid out on the right flank of the Attécoubé commune in central Abidjan, is gradually taking shape and its future users can now see it from a good distance. The “fourth bridge” of the Ivorian economic capital, currently under construction, is more than halfway complete, barely three years after its 2018 launch.  When completed, the bridge should… Read More

On Wednesday 26 October 2022, the African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s / S&P / Fitch / Japan Credit Rating, all stable), launched and priced a new USD 2 billion 5-year Global Benchmark due 3 November 2027. This transaction marks the Bank’s second USD Global Benchmark in 2022 following the 3-year USD 1 billion benchmark issued in June, and its… Read More

Africa has long suffered from a risk perception gap – one of the main factors contributing to the continent’s estimated $200 billion trade and investment financing gap. More recently, the world has been hit with the Covid-19 pandemic, the war in Ukraine and the resultant global food and energy instability, coupled with soaring interest rates and debt sustainability tensions for… Read More

Africa’s creative industries have grown rapidly in recent years, as its music, films and fashion increasingly attract a global audience. The United Nations Conference on Trade and Development defines creative industries as comprising a wide range of areas: arts and crafts; audiovisual media (film and TV); design (architecture and fashion); new media (video games); performing arts (musical instruments); publishing (books,… Read More

The $67 million Mobihealth Telemedicine Project is an innovative digital health transaction involving the establishment of a fully integrated telemedicine proprietary platform. It is one of eight deals, with a total value of nearly $5 billion, that were presented at the Africa Investment Forum’s Virtual Boardrooms event held in March 2022.  Presented under the ‘Women as Investment Champions’ pillar, these transactions involved… Read More

What:     Africa Adaptation Acceleration Program Partnerships Forum Who:      African Development Bank and the Global Center on Adaptation When:    27 October 2022, 15:00 GMT+2 Where:   Windhoek, Namibia (Hybrid format) The African Development Bank and the Global Center on Adaptation, with the support of partners are convening the Africa Adaptation Acceleration Program (AAAP) Partnerships Forum at the 10th Conference on Climate Change… Read More

The African Development Bank Group has published a new report examining the relationship between security, investment and development. The report, ‘The Security, Investment, and Development Nexus: A Diagnostic Assessment,’ was announced on Tuesday 25 October, at the African Union Policy Conference on Peace, Security and Development, currently underway in Morocco. The African Development Bank undertook the report to provide “quantifiable… Read More

Local and international private sector businesses have expressed strong interest in the $538 million Special Agro-Industrial Processing Zone program (SAPZ) launched in Nigeria on Monday 24 October. Conceived by the African Development Bank, the program is expected to stimulate agriculture transformation in Nigeria. The program launch was followed by a special forum on Tuesday, during which participants discussed the benefits and… Read More