Africa Investments 

African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery

The African Development Bank has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President of its Regional Development, Integration and Business Delivery Complex, with effect from 1st August 2022. Akin-Olugbade, a Cameroonian national, is currently the Director General of the Business Development and Delivery Office for the West Africa Region of the Bank Group, where she works with the largest… Read More
Africa Investments 

Investing in the youth is key to Africa’s digital transformation and financial inclusion – African Development Bank East Africa Director General

The youth will drive Africa’s digital economy; hence the need to invest in their skills development to accelerate innovations and growth on the continent, African Development Bank Director General for East Africa Nnenna Nwabufo said. Speaking at the 9th World Financial Innovation Series in Nairobi, Kenya, on 19 July, she noted that the youth are ambitious, enterprising, and eager for… Read More
Africa Investments 

African Development Bank and Côte d'Ivoire start preliminary discussions for 2023-2027 strategy

The African Development Bank and the government of Côte d’Ivoire initiated a preliminary dialogue in Abidjan on July 18-22, 2022, to lay the foundations for the Bank’s strategy in Côte d’Ivoire over the next five years. Led by the Bank’s Deputy Managing Director for West Africa, Joseph Ribeiro, the Bank’s delegation held weeklong discussions with various stakeholders and partners in… Read More
Africa Investments 

An agro-industrial project supported by the African Development Bank launched in Sinématiali in northern Côte d’Ivoire

The “kapatchan”, one of the traditional celebratory dances in the Senufo region, attracts women, youngsters, and elderly people, to the foot of the mango trees in the largest orchard in Sinématiali, in northern Côte d’Ivoire. On Wednesday 27 July, the sound of the balafon and the djembe accompanied the swaying hips of dancers from the neighbouring regions of Poro (which… Read More
Africa Investments 

Atlantic Council panel on 2022 African Economic Outlook pushes for ‘Africa agenda’ at COP 27

Africa deserves the highest priority attention at the United Nations climate conference, COP 27 to be held in November this year,  panel members discussing the African Development Bank’s African Economic Outlook 2022 in an event hosted by the Atlantic Council, said on Wednesday. A team from the  African Development Bank Group, led by Acting Chief Economist and Vice President Kevin… Read More
Africa Investments 

U.S. National Bar Association honors Akinwumi Adesina with distinguished Ronald Harmon Brown Award of International Distinction

African Development Bank Group President Dr. Akinwumi Adesina, was honored with the distinguished Ronald Harmon Brown Award of International Distinction, by the National Bar Association, in the United States. The award is named in honor of Ron Brown, the first African American to Chair a major U.S. political party, and the first African American to be appointed Commerce Secretary. Other award… Read More
Africa Investments 

Malawi : African Development Fund approves $20.2 million grant to raise food production

The African Development Fund, the concessional window of the African Development Bank Group, has approved a $20.2 million grant to raise food production in Malawi. Part of the African Development Bank Group’s African Emergency Food Production Facility, the project is premised on the existing seed and fertilizer distribution systems in Malawi. It will provide half a million farm households with… Read More
Africa Investments 

African Development Bank and African Guarantee Fund Launch AFAWA Finance Series in collaboration with Tanzania Bankers’ Association

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative kicked off the first AFAWA Finance Series in collaboration with the African Guarantee Fund (AGF) and the Tanzania Bankers’ Association this week in Dar es Salaam. The opening day on Tuesday 26 July 2022 drew over 200 representatives from banks and other financial institutions, governments, policymakers, and… Read More
Africa Investments 

East Africa Heads of State officially launch the Arusha Bypass Road

On 22 July 2022, Heads of State of the East Africa Community (EAC) launched the Arusha Bypass Road, during the EAC Heads of State summit, which took place in Arusha, Tanzania. The 42.4 km bypass seeks to decongest traffic in the towns of Arusha and Moshi and to promote intra-regional trade. It is a component of the multinational Arusha-Holili/Taveta-Voi Road… Read More
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