Africa Investments 

African Development Bank's support to propel Cabo Verde’s efforts to become regional ICT hub

Cabo Verde is on course to becoming a regional ICT hub, thanks to the country’s investment in a digital transformation vision, with active support from the African Development Bank. The first phase of construction of the Cabo Verde Technology Park’s main buildings, which is funded by the African Development Bank, is 85% complete and will be ready before year-end, officials… Read More
Africa Investments 

African Development Bank Development Evaluation Week 2022

What:      African Development Bank Development Evaluation Week 2022 Who:       Independent Development Evaluation (IDEV) African Development Bank When:     28-30 September 2022 Where:    Online (https://idev.afdb.org/en/afdb-evaluation-week-2022 ) Independent Development Evaluation (IDEV) at the African Development Bank will host the 2022 edition of its flagship Evaluation Week on the theme, “Building a stronger and more resilient Africa.” Evaluation Week 2022 will… Read More
Africa Investments 

ADFI-Pula Webinar II

What:      Webinar Who:       African Development Bank, Africa Digital Financial Inclusion facility (ADFI), Pula Advisors, Ministry of Community Development and Social Services, Government of Zambia When:     29 September 2022; 15.00-16.15 (GMT) 16.00-17.15 (WAT), 17.00-18.15 (CAT), 18.00-19.15 (EAT) Where:    Virtual – REGISTER HERE Join senior experts from the African Development Bank, the Africa Digital Financial Inclusion Facility (ADFI), the Ministry of Community… Read More
Africa Investments 

The African Development Bank issues EUR 1.25 billion 2.25% 7-year Global Benchmark Social Bond due 14 September 2029

On Wednesday 7th September 2022, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), launched and priced a new EUR 1.25 billion 7-year Global Benchmark transaction, in a Social Bond format, due 14 September 2022. The bond pays a coupon of 2.250% with a re-offer yield of 2.310%. The new… Read More
Africa Investments 

A new report signals progress on African countries’ efforts toward readiness for green growth

The African Development Bank and the Global Green Growth Institute (GGGI have launched a report analysing  the readiness of seven countries – Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon and Mozambique – to drive green growth. The joint report was launched on the sidelines of Africa Climate Week, in Libreville, Gabon. It assessed the status and trends of green growth as… Read More
Africa Investments 

African Development Bank – Civil Society Forum 2022

What:               Civil Society Forum 2022 Who:                Civil Society and Community Engagement Division, African Development Bank When:              6 & 7 October 2022 Where:             Abidjan, Côte d’Ivoire – Hybrid format The Civil Society and Community Engagement Division of the African Development Bank is organizing the 2022 edition of the Civil Society Forum on 6-7 October 2022. The theme of… Read More
Africa Investments 

Upgraded Maio Port to transform economy, boost trade in Cabo Verde

African Development Bank President Dr. Akinwumi A. Adesina on Wednesday inaugurated the upgraded Port of Maio in Cabo Verde, which will help reduce sea travel time to the capital Praia, and boost trade. The modernization of the Ports of Maio and Palmeira cost €36 million, with the African Development Bank providing €17.87 million. The Bank’s strategic partner, the European Union,… Read More
Africa Investments 

At Africa Climate Week, panelists underline the power of partnerships to deliver Nationally Determined Contributions across the continent

Representatives from across the continent gathered to share their experiences of implementing Nationally Determined Contributions (NDCs) at the just-ended Africa Climate Week. They noted that partnerships and effectiveness in measuring, reporting and verifying greenhouse gas emissions would be key to African countries hitting their various targets. Partners of the Africa Nationally Determined Contributions (NDCs) Hub hosted a session entitled Enabling… Read More
Africa Investments 

African and other global leaders meeting in Rotterdam say the continent is at a tipping point for climate adaptation action

Two months to the 27th global climate summit (COP27) in Sharm El-Sheik, Egypt, African and other global leaders have rallied in Rotterdam, to highlight the urgency of climate adaptation funding for the continent. The meetings—co-convened by the President of the African Development Bank Group Dr Akinwumi Adesina, CEO of the Global Center on Adaptation (GCA) Professor Patrick Verkooijen, and African… Read More
Africa Investments 

Climate change poses a health challenge in Cameroon

Dr. Paul Eloundou understands the challenges posed by climate change only too well. A resident in Yaoundé and the director of one of the largest district hospitals, he is an advocate for addressing climate change to mitigate health risks in Cameroon. Yaoundé’s population has tripled over the past 20 years, resulting in the construction of many informal settlements with no… Read More
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