Tag: African Development Bank

What:             Africa Adaptation Summit Who:              The Global Center on Adaptation in collaboration with the African Union, the African Development Bank, the International Monetary Fund, the Africa Adaptation Initiative and the Climate Vulnerable Forum When:            5th September 2022 from 10:00-16:45 CEST Where:           Global Center on Adaptation floating office                        Antoine Platekade 1006, 3072 ME                        Rotterdam, Netherlands The Global Center on Adaptation is hosting the Africa Adaptation Summit… Read More

African Development Bank Vice-President for Private Sector, Infrastructure and Industrialization, Mr. Solomon Quaynor, officially visited Mozambique last week. He met with Mozambican government representatives and members of the private sector. Discussions covered the bank’s country strategy for Mozambique, recent reforms the government has undertaken, and the country’s strategic energy and transport sectors in particular.   The African Development Bank’s country manager… Read More

What:     Virtual investor meeting for Asian investors in preparation for Africa Investment Forum Market Days 2022 Who:      The African Development Bank Asia External Representation Office;Export-Import Bank of Korea (KEXIM), India Exim Bank, and Japan Bank for International Cooperation (JBIC) When:    Wednesday, 14 September 2022; Time: 12:30-14:00 PM (India Standard Time); 16:00-17:30 PM (Korea/Japan Standard Time); 7:00-8:30 AM GMT Where:   Virtual… Read More

Africa received its highest proportion of private sector investment in infrastructure in 2020, sending an important signal to governments and investors. African Development Bank Vice President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor, underlined this point during a webinar organized by the African Development Bank and the Japan International Cooperation Agency (JICA) on 24 August. The online event… Read More

Amid a call for urgent action to safeguard the continent from climate change, Gabon’s President Ali Bongo Ondimba opened the 2022 Africa Climate Week by highlighting his country’s efforts to boost climate action and calling for continuous collective efforts. “For more than ten years, we have intensified our efforts to protect our remarkable forestry heritage and build a low-carbon economy,”… Read More

The African Development Bank Group played a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD), held this year in the Tunisian capital, Tunis, as Japan, a long-standing development partner of Africa, continues to lend its economic weight to the continent’s progress. TICAD8 took place from 27 to 28 August and brought together delegates… Read More

What:      Africa Adaptation Dialogue: implementing the vision When:     31 August 09:30 – 10:30 CAT Where:    Libreville, Gabon Who:       Global Center on Adaptation; Africa Adaptation Initiative (Chaired by Gabon); African Development Bank Despite contributing the least to global warming, Africa finds itself on the frontline of the climate emergency, with the impacts of external shocks exacerbating these vulnerabilities. Indeed, large portions… Read More

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their strong support to Africa’s development. He told Japanese businesses to… Read More

The government of Japan and the African Development Bank have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025. The announcement was made at the Eighth Tokyo International Conference on African Development (TICAD8) held Sunday 28 August 2022 in the Tunisian capital, Tunis. The funds… Read More

Original story: https://www.ft.com/content/456479eb-6c03-4e1f-b051-934f0f9b5378 On the day of Shinzo Abe’s assassination in early July, Akinwumi Adesina, the president of African Development Bank, mourned the death of Japan’s longest-serving prime minister by calling him “a great friend of Africa”. “He drove Ticad for a very strong Japan-Africa partnership,” Adesina said in a condolence message posted on… Read More