Africa Investments 

African Development Bank calls for strong investment in the youth at 2022 Commonwealth Business Forum

The 2022 Commonwealth Business Forum opened in Kigali, Rwanda, on Tuesday with a resounding call for action to do more to spur intra-Commonwealth trade, protect the environment and invest in young people for an equitable common future. African Development Bank President Dr. Akinwumi Adesina was one of several high-level speakers on a panel at the event. The forum—a run-up to… Read More
Africa Investments 

Outside the classroom, Ghanaian student thrives as a poultry farmer

Mornings start early for Clara Saibu of Tamale in Ghana. She doesn’t wake up to the sound of an alarm clock, but to chickens, waiting to be fed. Saibu, a 23-year-old final-year student at the University of Cape Coast, is also a poultry farmer and beneficiary of the Savannah Investment Program, a national agriculture program financed by the African Development… Read More
Africa Investments 

African Development Bank Group supports Cabo Verde’s Investment Forum as it targets €2 billion in investments

The fourth edition of the Cabo Verde Investment Forum has successfully ended in Sal Island, with active support from the African Development Bank. The Forum, held from 16-17 June 2022, was set up to accelerate private and public financial sector investments to drive sustainable economic growth and job creation in Cabo Verde. The island nation’s prime minister, Dr. Ulisses Correia… Read More
Africa Investments 

Gabon: African Development Bank and Government host national consultations to review the Country Diagnostic Note and Country Strategy Paper 2016-2022

The African Development Bank will join the Gabonese Government to host national consultations on the Country Diagnostic Note and Country Strategy Paper for the 2016-2022 period in Libreville, from 21 to 24 June. Key stakeholders in the discussions will include the Ministry of Recovery and Economy, technical departments of sectoral ministries, financial partners, civil society, academics and the private sector.… Read More
Africa Investments 

In 2021, Africa notches strong progress in building tax transparency, tackling illicit financial flows

African countries’ requests for information for tax collection purposes rose 26% over the previous year, signaling continued progress toward tax transparency in spite of a challenging environment,  according to a report by The Africa Initiative, launched on Tuesday in Nairobi. The Tax Transparency in Africa 2022 report, which covers 38 countries, documents Africa’s progress in tackling tax evasion and other… Read More
Africa Investments 

African Development Bank names Jacques Edjangue as Acting Vice President, People and Talent Management Complex

The African Development Bank is pleased to announce the appointment of Mr. Jacques Edjangue as Acting Vice President, People and Talent Management Complex, effective 20th June 2022. Edjangue, a Cameroonian national, is currently Acting Director of the Human Resources Management Department, and also Director of the Language Services Department. A thought leader, Jacques has broad and diverse experience within the… Read More
Africa Investments 

African Development Bank Appoints Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex

The African Development Bank has appointed Mr. Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex, effective 20 June 2022. Mizrahi, a British national, is currently the Director for Delivery, Performance Management and Results at the African Development Bank Group and Acting Director for the Operations Committee Secretariat and Quality Assurance. In these capacities, he oversees results delivery… Read More
Africa Investments 

Egypt and the African Development Bank discuss Africa’s climate agenda ahead of crucial ‘African COP’

Egypt will host a critical meeting in September aimed at rallying African leaders for a single voice on Nationally Determined Contributions to cut emissions and adapt to climate change ahead of the world’s premier climate conference, COP27. Egypt will host COP 27 this November. This is the first time in six years that the global event will take place on… Read More
Africa Investments 

African Development Bank VP Mateus Magala appointed Minister of Transport and Communication in Mozambique

Dr. Mateus Magala, Vice President for Human Resources and Corporate Services at the African Development Bank, has been appointed Minister of Transport and Communication of the Republic of Mozambique. The nomination was announced on 13 June by President Filipe Nyusi. Magala assumed his tenure at the African Development Bank in September 2018 with a mandate to deliver efficient, people-centered, client-oriented… Read More
Africa Investments 

Gambia: African Development Bank strengthens health system to eradicate Covid-19 and ward off possible pandemics

Since 2020, the Multi-Country Covid-19 Crisis Response Program has strengthened the health system in Gambia. Significant health infrastructure has been built to contain possible waves of coronavirus infections and deal with potential communicable disease threats that could cause outbreaks in this West African country. The $14.1 million in funding received for the project was split into two loans of $7.05 million each,… Read More
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