Category: Business

The African Development Bank Group today announced the appointment of Hassatou Diop N’Sele, as Vice-President for Finance and Chief Financial Officer. Mrs. Diop, a Senegalese national, has been acting in the role since November 2021. N’sele, an accomplished professional with over 30 years of banking and finance experience, joined the African Development Bank in 1999 as Senior Treasury Officer. She… Read More

The island nation of Mauritius is set to host the 2022 African Economic Conference (AEC) from 9-11 December, its Minister of Finance, Economic Planning and Development, Dr. Renganaden Padayachy, said Thursday at a news conference announcing the event. The African Economic Conference is Africa’s leading forum for discussing the continent’s emerging challenges and opportunities and is jointly hosted by the… Read More

The third edition of the Africa Investment Forum Market Days is fast approaching.    Taking place in Abidjan, Côte d’Ivoire, from 2 to 4 November, the Africa Investment Forum 2022 will be Africa’s largest transactional investment marketplace. It will bring together deal sponsors, deal brokers and deal makers from around the world.  This year’s event will be the first face-to-face… Read More

At the opening of the 2022 Civil Society Forum in Abidjan, the President of the African Development Bank, Dr. Akinwumi Adesina, reaffirmed the importance of the work of African civil society in advocacy and its role in monitoring the achievement of the continent’s climate objectives. The meeting was held from the 6th to 7th of October, a month before the global… Read More

The Covid-19 pandemic has forced Africa’s women entrepreneurs to rethink how they run their businesses, organize their workspaces, and manage employees. They have had to innovate and adapt to new, restrictive and challenging market realities. The shift includes remote working and introducing a raft of new technology, tools, and digital platforms to connect effectively with customers and employees. To provide… Read More

The Board of Directors of the African Development Fund, the concessional financing window of the African Development Bank Group has approved $10.53 million in financial support to Côte d’Ivoire. The funds, to be disbursed to the Ivorian government, will be used to connect 739 rural localities to clean, affordable electricity as part of the government’s ” Electricity for All Program.”… Read More

African Development Bank President Dr. Akinwumi Adesina has been named 2022 Man of the Year (Africa) by Exclusive Men of the Year (EMY), for his visionary leadership as the president of the African Development Bank Group and for his outstanding contribution to Africa during his period as agriculture minister of Nigeria. The EMY awards are organized by the EMY Africa… Read More

Drug stock-outs and shortage of medical equipment in health facilities in Rwanda are becoming a thing of the past, thanks to an innovation that is addressing procurement constraints. Viebeg Technologies, a venture capital-backed Health Tech company, is helping to expand access to affordable health care in Central and East Africa by aiding healthcare facilities in procuring supplies in real-time. It… Read More

At the end of a five-day visit to Morocco, Executive Directors of the African Development Bank Group lauded the Moroccan government’s vision for development and the progress the country has achieved. The Bank Group’s Board delegation of about 10 executive directors, accompanied by the Country Manager for Morocco, Achraf Hassan Tarsim, met with government officials, civil authorities and private sector… Read More