Tag: Africa Banking

The African Development Bank Group is pleased to announce the appointment of Mr. Jean Hubert BAYALA as the Acting Director for General Services and Procurement (CHGS), effective from 27th February 2020. Bayala, a national of Burkina Faso, is a seasoned professional with over 28 years of management and leadershipexperience  in  information  technology, information system  security,  information  systems auditing. Bayala also has in-depth experience in business continuity planning & disaster recovery and operational risk, budgeting, and procurement, among others. He currently heads  the African… Read More

Senior Management is pleased to announce the appointment of Mr. Pepin Vougo as Acting Director, Corporate Information and Technology Department effective 1st April 2020. Pepin Vougo has more than 20 years of experience in technology and its application. He is a seasoned executive with depth and breadth of experience in delivering complex technology solutions on an international scale. He benefits… Read More

Agnes Korkor Ababio climbs onto the back of a pick-up truck and begins counting a stack of 64-kg cocoa bags heaped in the vehicle. “It’s more than 40 bags,” she says in smiles as she clambers down from the truck, aided by an assistant. Ababio is one of many cocoa farmers in the Suhum area of Ghana’s eastern region that… Read More

Akinwumi Adesina is the President of the African Development Bank. He was formerly Nigeria’s Minister of Agriculture and Rural Development and and is the 2017 World Food Prize laureate. The views expressed are solely those of the author. (CNN)These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no… Read More

These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates rise, so does panic across financial markets, as economies drastically slow down, and supply chains are severely disrupted.  Extraordinary times call for extraordinary measures. As such, it can no longer… Read More

The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on Friday 3 April 2020, and is now available through its Sustainable Bond Market. The listing marks an important milestone as the Bank launches its first bond on London Stock Exchange. The over-subscribed transaction,… Read More

The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent. Funded by donors, the GETF will support the delivery and scale-up of the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) programme and promote gender transformative lending and… Read More

The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and food security. The proposed assistance will be channeled to the Intergovernmental Authority on Development (IGAD), which has been… Read More

The Board of Directors of the African Development Bank on Tuesday approved  $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the COVID-19 pandemic and mitigate its impacts. The grant, which is in response to an international appeal by the WHO, will be used by the world body to… Read More

Un coup d’œil dans le four, un petit réglage du feu, Alune Mbodj contemple ses baguettes de pain en train de dorer. « Ce métier me plaît », lance-t-il en se retournant. « Avant de venir ici, je travaillais dans un village qui s’appelle Naima. C’est très dur de faire du pain là-bas parce qu’il n’y a pas d’électricité. Et ce n’est… Read More