Tag: African Development Bank

On World Water Day, we reflect on the impact that the African Development Bank has made over the past decade in this sector through various projects, which are helping communities all over Africa protect themselves against the coronavirus. The African Development Bank prides itself in making investments that make a tangible difference and improve the quality of life of the… Read More

As part of our coverage for International Women’s Month, we seek some insights from Vanessa Moungar, the African Development Bank’s Director for Gender, Women and Civil Society. Moungar tells us how the Bank is supporting women entrepreneurs and outlines the challenges that remain. What does International Women’s Month mean to you? Working for a world that is more equal and… Read More

The African Development Bank Group is pleased to announce the appointment of Mr. Achraf TARSIM as Country Manager designated for Morocco. Achraf, a Tunisian citizen, joined the Bank in 2009, as an economist in the Governance and Economic and Financial Reforms Department.  Prior to this appointment, Achraf was Regional Sector Manager – North Africa, responsible for Energy, Infrastructure and Financial… Read More

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.5 billion 5-year Global Benchmark bond due 23 March 2026, its first $ benchmark of the year. The new transaction represents AfDB’s largest 5-year $ Global Benchmark ever issued, as well as its largest orderbook achieved for a 5-year benchmark transaction. With the final… Read More

The African Development Bank and the Government of Uganda on Tuesday signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors. The Kampala-Jinja Expressway Public-Private Partnership (PPP) Project-Phase I would improve travel flow, thereby “reducing travel time from… Read More

Rabat, un soir de décembre 2020, autour de minuit. Les rues sont vides, le temps semble suspendu dans la capitale du Royaume. Seuls les agents de l’ordre et de la voirie en arpentent les artères. La sirène d’une ambulance déchire la nuit d’une ville endormie. À l’intérieur du véhicule, des urgentistes, entièrement vêtus de combinaisons étanches, oxygènent un homme en… Read More

During the March and November planting seasons in Tanzania’s Simiyu region, farmers and small agri-input distributors know they can rely on Suzana Lameck Sabuni to deliver quality and affordable fertilizer just when they need it. Suzy, as her customers fondly call her, is proof of the valuable contribution that women-led businesses make to the agriculture sector. And, despite a lack… Read More

The African Development Bank Group is pleased to announce the appointment of  Ms. Atsuko TODA as Acting Vice President for Agriculture, Human and Social Development, effective 16 March 2021. Atsuko, a Japanese citizen, is a seasoned professional with over 20 years of experience with international institutions. Atsuko joined the Bank in December 2016 as Director of the Agriculture Finance and… Read More

The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of clean energy between the two regions. The north of Angola has a surplus of more than 1,000 MW of mostly renewable power,… Read More

La Banque africaine de développement a lancé plusieurs initiatives afin de réduire le poids des dépenses climatiques qui atteignent jusqu’à 10% du budget national de certains de ses pays membres régionaux. Face à l’urgence climatique marquée ces dernières années par des cyclones, inondations et sécheresses, de nombreux pays africains ont dû transférer des ressources prévues pour des secteurs de développement… Read More