Tag: Africa Banking

The Board of Directors of the African Development Bank Group has endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique on 13 June 2023. The new strategy aims to promote the country’s structural transformation by improving fiscal stability, creating decent jobs and generating inclusive growth. The strategy has two priority areas: fostering improved economic governance and the business environment to… Read More

The United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, and the African Development Bank, have signed an extension and expansion of their existing Regional Development Objectives Agreement (RDOAG) on the margins of the Africa Energy Forum in Nairobi. The move deepens the strategic partnership and expands the basis for cooperation in developing innovative and sustainable… Read More

 Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023. ICEX Spain Trade and Investment  and the African Development Bank have signed a cooperation agreement to… Read More

To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in transition states and in particular, the crucial role of supporting micro, small and medium-sized enterprises (MSMEs). Indeed, the latter have seen their already pre-existing fragility aggravated by the consequences of the health… Read More

What: Africa50 Infra for Africa Forum and General Shareholders Meeting Who: President of the Republic of Togo, Faure Gnassingbé; President of the African Development Bank, Dr. Akinwumi Adesina; CEO of Africa50, Alain Ebobissé; Director-General of the World Trade Organization Ngozi Okonjo-Iweala; ministers; global and African experts When:  3 – 4 July 2023 Where:  Hôtel 2 Février, Lomé    The president… Read More

The Board of Directors of the African Development Bank Group has approved an equity investment of €18 million in the Africa Guarantee Fund (AGF) and another €1.2 million to support youth and women entrepreneurs engaged in agricultural value chains in Kenya. The funding, approved on June 6, 2023, was provided by the European Union (EU) under its partnership with the… Read More

Summit for a new global financing pact: African Development Bank head says MDBs should leverage IMF Special Drawing Rights to fight climate change and push SDGs | African Development Bank – Building today, a better Africa tomorrow <!–> https://cdn.jsdelivr.net/html5shiv/3.7.3/html5shiv-printshiv.min.js <!–> /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, European Investment Bank, Islamic Development Bank and WHO launch new investment platform to strengthen primary health care services | African Development Bank – Building today, a better Africa tomorrow <!–> https://cdn.jsdelivr.net/html5shiv/3.7.3/html5shiv-printshiv.min.js <!–> /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

The African Development Bank has received five awards in the 2022 Achievement Awards organized by EMEA Finance. The awards were announced on Thursday 8 June 2023 in London. The EMEA (Europe, Middle East and Africa) Finance Achievement Awards are nominated by banks and their clients and chosen by the EMEA Finance editorial team to highlight the innovative work taking place… Read More

The African Hidden Champions (AHC) initiative has hosted its first “Dinner & Dialogue” in North Africa in Cairo, Egypt. The event is part of a series of regional events that the initiative is holding in key business hubs across Africa in 2023. AHC, a co-partnership of Africa Foresight Group, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (The German Development Finance Institution)… Read More