Africa Investments 

African Development Bank Group’s Urban and Municipal Development Fund welcomes EUR 10 million from Nordic Development Fund to boost urban city…

In partnership with the African Development Bank, the Nordic Development Fund (NDF) has announced a significant increase in its financial support to African countries and rapidly growing cities that bear the brunt of the impact of climate change and poverty. The latest contribution of 10 million Euros will go to the Urban and Municipal Development Fund (UMDF), a thematic multi-donor… Read More
Africa Investments 

Tunisians anticipate productive Dakar 2 Africa Food Summit

From left to right: Mr Tarek Chaouech, MD, GIPAC; Mr Mohammed Nadri, MD, COCEBLE; Mr Chiheb Slama, MD, Slama Huiles ; Mr Hichem Mami, MD, Chahia ; Mr Abdelaziz Makhloufi, MD, CHO; Mr Mohamed Chikhaoui, MD, Poulina Group Holding ;, Dr Ines Taktak, Director, GIPAC; Mr Mohammed El Azizi, African development Bank; Mr Rafaa Marouki, African Development Bank; Mr Abdessalem… Read More
Africa Investments 

African Development Bank Group team meet Swiss envoys from West Africa to discuss Africa’s development agenda

Swiss ambassadors meeting in the Ivorian commercial capital Abidjan invited a senior management team from the African Development Bank Group to exchange views on development and cooperation. The envoys held a working luncheon, hosted by the Swiss assistant state secretary for Sub-Saharan Africa, Siri Walt, on Friday 20 January. Ambassador Walt is the head of the Africa Division at the… Read More
Africa Investments 

“Let us act to transform Africa’s cities”—African Development Bank President to African mayors

By 2050, the number of people living in African cities is expected to double from about 600 million to 1.2 billion, representing the most rapid rate of urbanisation in the world. This poses significant development challenges, which will require innovative, African-led solutions. In rousing remarks to the mayors of 15 African cities gathered for the inaugural forum of the African… Read More
Africa Investments 

Keynote Speech Delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the launch of the African Mayoral Leadership…

Good evening, everyone. I am delighted to be with you all. I see several faces that I know in this hall and many that I will be meeting tonight for the first time. There is no better way to meet than to be where with you discussing issues that affect our continent, and in the case of my speech to… Read More
Africa Investments 

Whistles and whips: Technologies for African Agricultural Transformation program results in sounds of success in Ethiopia’s lowlands

(Korofto, Adama District, Ethiopia) If the shrill sounds of policemen’s whistles echoing across Ethiopia’s Awash River Valley do not seem out of place, the crack of whips in the air will have some visitors to these irrigated wheat fields wondering what is going on at this patch of remote farm cooperative. A short walk through the thigh-high wheat stalks reveals… Read More
Africa Investments 

Regular economic performance analysis could bolster investment decisions in Africa, says African Development Bank Chief Economist

The African Development Bank Group’s Acting Chief Economist and Vice President for Economic Governance and Knowledge Management, Professor Kevin Chika Urama, shares his thoughts on the inaugural Africa’s Macroeconomic Performance and Outlook report, released on Thursday 19 January. The new biannual publication aims to provide African policymakers, global investors, researchers, and other development partners with an incisive, timely, evidence-based evaluation… Read More
Africa Investments 

Launch of Africa’s Macroeconomic Performance and Outlook (MEO) Report, 2023 – Keynote Speech By Dr. Akinwumi A. Adesina – President, African…

I am pleased to welcome you all to the official launch of this maiden edition of the African Development Bank’s report on Africa’s Macroeconomic Performance and Outlook 2023.  I commend the Bank’s Economic Governance and Knowledge Management Complex for the continued efforts to provide sound and evidence-based economic intelligence to inform the much-needed structural transformation across African economies as… Read More
Africa Investments 

Djibouti : le Fonds africain de développement accorde à 3,79 millions de dollars pour renforcer la résilience climatique de la ville de Djibouti

Le Fonds africain de développement a approuvé le 22 novembre 2022, à Abidjan, un don de 3,58 millions de dollars (2,8 millions d’unités de compte) pour mettre en œuvre le projet « Étude intégrée des infrastructures urbaines et de l’adaptation climatique dans la ville de Djibouti ». Outre le Fonds africain de développement, le projet sera cofinancé par le Fonds de développement… Read More
Africa Investments 

Pre-Africa Food Summit press conference (Dakar 2)

What:            Dakar 2 Summit launch press conference         Who:             Ministry of Agriculture, Rural Equipment and Food Sovereignty of Senegal and the African Development Bank Group When:           Monday, 23 January 2023                      Set up: 10:30 am GMT                      Duration: 11:00 am GMT -12:30 pm GMT Where:          Ministry of Agriculture, Rural Equipment and Food Sovereignty Auditorium – located in the ministerial bloc Ousmane… Read More