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La Banque africaine de développement forme ses représentants au sein des conseils d’administration des entreprises et des institutions financières

21-Feb-2020 - La Banque africaine de développement a organisé, début février à Abidjan, une session de formation au profit de ses représentants dans les conseils d’administration des entreprises et des institutions financières nationales, régionales et continentales. Cette formation sur la gouvernance des entreprises et des institutions financières a été pilotée par le département de la Banque en charge des Opérations non souveraines et du soutien au secteur privé (PINS).

Sénégal : les administrateurs de la Banque africaine de développement à l’écoute de la société civile et du secteur privé.

21-Feb-2020 - Les administrateurs de la Banque africaine de développement ont rencontré, ce jeudi, les acteurs du secteur privé et de la société civile sénégalaise. Les premiers échanges ont eu lieu, entre autres, avec la Confédération nationale des travailleurs du Sénégal – Forces du changement (Cnts-Fc), du Conseil des ONG pour le développement (Congad), du Conseil national de la jeunesse et d’organisations de personnes victimes de handicap.

Canadian Prime Minister Justin Trudeau meets African leaders to advance conflict resolution and economic security

10-Feb-2020 - Canada’s Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on Monday to discuss ways to secure peace across the continent as a necessary condition for prosperity.  

The third review of the independent review mechanism launched

23-Jan-2020 -  The third review of the Independent Review Mechanism (IRM) of the African Development Bank Group started in December 2019 and will run until January 2021. An international and independent firm called Savanas E Enseadas LDA was selected to conduct this assignment through a competitive bidding process.

Zimbabwe: African Development Bank, UN and World Bank launch 2019 Needs Assessment Report to spur economic recovery

15-Jan-2020 - The African Development Bank, United Nations and World Bank Group recently launched the Zimbabwe 2019 Joint Needs Assessment Report. The study, the first to be prepared jointly in Zimbabwe by the three organizations, was produced after the Government of Zimbabwe requested them to assess the scope of challenges and needs.

Tunis: African Development Bank briefs staff and stakeholders on independent review mechanism at anti-corruption day

19-Dec-2019 - An outreach session on the African Development Bank’s Independent Review Mechanism (IRM) took place in Tunis on 11 December 2019. 

COP 25: After renewable energy, what else can salvage climate change? African Development Bank presents update on Adaptation Benefits Mechanism

18-Dec-2019 - Three decades ago, renewable energy was considered too futuristic. The idea of plugging a car into a wall socket was unthinkable. Today, both these things are a reality. And renewable energy is expected to attract $2.3 trillion in investment this year. The same will be true in the next phase of the world’s response to climate change for adaptation, said Luc Gnacadja, chair of the recently formed interim Executive Committee of the Adaptation Benefits Mechanism (ABM).

COP 25: Africa pushes for special consideration in Madrid climate talks

16-Dec-2019 - As terrible floods inundate their country, close to 100 Kenyan delegates have convened in Madrid, Spain, along with thousands of global leaders, for the COP 25 climate conference. Of particular concern to African delegates is the disparity between the continent’s contribution to global warming emissions and its vulnerability to climate change impacts. Collectively, the 54 African states represented at the UN climate talks account for less than 4% of global emissions, yet across the continent, every nation is feeling the effects of a changing...

African Development Bank validates regional power acceleration programme, to boost bankability of regional power projects

12-Dec-2019 - The African Development Bank has validated a study report on enhancing regional and sub-regional power projects to enhance energy access and integration across the continent.

In Senegal, the African Development Bank supports farmers to build food security

11-Dec-2019 - Gnilane Faye stands proudly by her chicken coop with her son, Serigne Saliou Ba, beside her. Faye, a Senegalese farmer and a beneficiary of the Pasa Loumakaf food security project supported by the African Development Bank, shows off her accounting book and explains how her business started.

COP 25: African parliamentarians called on to speak as one for their voice to be heard

11-Dec-2019 - African parliamentarians should speak as one to make their voice heard in climate negotiations, Arona Soumaré, the African Development Bank's principal expert in climate change and green growth, said on Thursday during the 25th session of the Conference of the Parties on climate change (COP 25).

Are Nature Based Solutions the key to Africa’s climate response?

06-Dec-2019 - While the UN climate talks are celebrating their 25th year, carbon emissions around the world have continued to climb. For many, that is where natural solutions could play a key role in managing a dramatic climate transition. Nature-based solutions or the process of working with and around natural ecosystems to deliver real-world benefits for climate resilience and sustainable development, took center stage on day 4 of COP25 in Madrid).

African Economic Conference: The do’s and don’ts of youth employment

06-Dec-2019 - African governments, working with civil society and the private sector, should formulate deliberate policies to boost employability, particularly of the continent’s youth, according to regional surveys presented at this year’s African Economic Conference (AEC) in Sharm El Sheikh, Egypt. Researchers Abou Kane from Senegal, Joachim Tindo from Cameroon and Togo’s Mawussi Djahini-Afawoubo administered the survey to analyze the labor market in their respective countries.

Burkina Faso: African Development Bank approves €48,82 million for Desert to Power Yeleen programme to increase solar generation

04-Dec-2019 - The Board of Directors of the Bank has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.

Fostering jobs, entrepreneurship, and capacity development for African youth: the time for disruption is now!

04-Dec-2019 - “There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with only 0.41 percent growth in employment.

Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs

04-Dec-2019 - Young African entrepreneurs urged to make their voices heard in business policy-making across the continent and called on governments to implement friendlier tax policies, improve access to finance and boost support for youth-led businesses to create jobs. Speaking at the 2019 African Economic Conference in the Egyptian resort of Sharm El-Sheikh on Tuesday, the young business leaders said their role as engines of growth needed to be taken more seriously.

Conférence économique africaine 2019 : adapter la formation professionnelle aux besoins du marché pour accroitre les opportunités d’emplois des jeunes africains

04-Dec-2019 - Les experts et chercheurs présents à la Conférence économique africaine 2019, ont dressé un tableau des faiblesses du marché du travail en Afrique. Selon eux, ce marché est caractérisé principalement par l’inadéquation de la formation, un accès difficile et un environnement économique dominé par le secteur informel.  Au cours de cette session sur « Emploi des jeunes en Afrique, opportunités et défis », les jeunes chercheurs ont fait le point de la situation au Ghana, Togo, Bénin, Cameron et au Congo.

The African Development Bank Group appoints Stefan Nalletamby as Acting Vice-President for the Private Sector, Infrastructure and Industrialization Complex

04-Dec-2019 - President Akinwumi Adesina of the African Development Bank Group is pleased to announce the appointment Mr. Stefan Nalletamby, as Acting Vice-President for the Private Sector, Infrastructure and Industrialization Complex. Mr. Nalletamby has been the Director for the Financial Sector Development Department at the African Development Bank since its creation in September 2014.

Doughnuts from sweet potatoes: young African entrepreneur makes business a tasty success

03-Dec-2019 - When Regis Umugiraneza graduated from college in Rwanda he didn’t know what to do. Then he discovered that sweet potatoes, a popular harvest in his country, could be the answer. Umugiraneza, co-founder and chief executive officer of Carl Group, is one of the young African entrepreneurs selected as youth speakers at the 2019 African Economic Conference underway in the Egyptian city of Sharm El Sheikh.

Conférence économique africaine à Charm el Cheikh : « réformer l’offre de formation et le marché du travail pour offrir plus d’opportunités aux jeunes africains », indique un panel d’experts

03-Dec-2019 - Les participants de la première session plénière de la conférence économique africaine 2019, à Charm el-Cheikh, en Egypte ont indiqué deux défis principaux, à savoir, identifier les besoins du marché du travail et restructurer les économies africaines. Les participants à cette session ont discuté des entraves aux actions gouvernementales, qui réduisent les opportunités d’emplois aux jeunes africains. Il s’agit surtout, selon eux de créer des emplois décents pour les jeunes, en leur offrant des alternatives durables à la pauvreté tout en...

Sommet Mondial sur le genre 2019 à Kigali : avec « Entreprenarium », les femmes entrepreneures à l’école des bonnes pratiques d’investissement

03-Dec-2019 - Dans le cadre du Sommet mondial sur le genre 2019 organisé à Kigali, des sessions interactives de formation et de renforcement de capacités ont été animées par des experts, via le programme « Entreprenarium », à destination des entrepreneures du continent, intéressées par les meilleures pratiques d’investissement.

African Development Bank launches digital tool to help African youth learn to code

03-Dec-2019 - The African Development Bank and technology firm Microsoft today launched the ‘Coding for Employment’ digital training platform, an online tool to provide digital skills to African youth, wherever they are across the continent. The platform, launched at the 2019 African Economic Conference in Sharm El Sheikh, Egypt, aims to promote a continuous learning culture among young people and build their capacity to shape the continent’s future.

Conférence économique africaine 2019 - A Sharm el-Cheikh, l’emploi et le développement des capacités des jeunes africains, au cœur des débats

03-Dec-2019 - Plus de 350 parties prenantes convergent vers Charm el-Cheikh en Égypte, pour participer à la Conférence économique africaine (AEC) de 2019 qui porte cette année, sur les questions liées à l’emploi, à la compétence et au développement des capacités des jeunes africains.

2019 African Economic Conference: A clarion call for bolder action to tackle Africa’s youth jobs crisis

02-Dec-2019 - The 2019 African Economic Conference (AEC) opened in the Egyptian resort city of Sharm El Sheikh on Monday with a call on African policymakers to take bold steps to tackle red-tape and high startup costs  in order to create decent and well-paying jobs for the continent’s youth. Addressing the opening plenary of the three-day conference, Egypt’s Minister of Investment and International Cooperation, Sahar Nasr said the conference provided a critical platform to address the challenges of jobs for the youth on the continent.

Hola, Madrid! African Development Bank takes the continent’s climate agenda to COP25 in Spain

29-Nov-2019 - The African Development Bank will on Monday kick off a campaign to present the continent’s case at the world’s leading climate change conference.

Sommet mondial sur le genre à Kigali : les entrepreneures africaines plaident pour des prêts à taux réduits

27-Nov-2019 - Les entrepreneures africaines, présentes en grand nombre à la 4ème édition du Sommet mondial sur le genre à Kigali, ont appelé, ce mercredi, les institutions financières à leur accorder des prêts à taux réduits pour le financement de leurs projets.

Sommet mondial sur le genre à Kigali : il faut promouvoir la parité dans le secteur énergétique pour lutter contre le changement climatique, selon des experts

26-Nov-2019 - Des spécialistes des questions énergétiques ont plaidé, ce mardi, en faveur d’une parité du genre dans les secteurs liés à l’énergie afin de lutter efficacement contre le changement climatique, lors du Forum sur le genre, qui se tient jusqu’au 27 novembre à Kigali, capitale du Rwanda.

Bring women to the table to build peace in Africa, say gender experts

26-Nov-2019 - Women bear the brunt of conflict and for peace building to be successful they must be involved in conflict resolution and reconstruction at every stage, said gender experts at the 2019 Global Gender Summit in Kigali on Tuesday. Speakers at a plenary session on peacebuilding called for home-grown solutions to conflict and the participation of women in policy and decision making at local, national and regional levels.

First ladies panel seeks urgent policies to translate Africa’s demographic dividend into viable potential

26-Nov-2019 - “Investments in gender equality are critical to realizing demographic dividend, but we need to ensure that women have the tools to overcome the barriers they face,” First Lady of Rwanda, Jeannette Kagame told participants at a panel at the Global Gender Summit in Kigali on Monday. The panel, made up of First Ladies Kagame, Margaret Kenyatta, ministers and development experts, observed that too many women and girls still face barriers to basic rights, particularly access to labour market opportunities.

Project successes in Morocco and Ghana offer lessons in gender and climate change

25-Nov-2019 - The African Development Bank recognizes the importance of addressing gender in efforts to combat climate change and its effects in order to increase the benefits of its projects and aims to be the leading African financial institution in addressing gender and climate change.

Getting women in the driver’s seat of Africa’s agribusiness revolution

24-Nov-2019 - Monica Musonda, CEO of Zambian food processing company Java Foods, certainly faced hurdles in her rise to the top, but she overcame them. “Although the barriers to entry for women can be frustrating, they are often basic and relatively easy to resolve,” she said, playing down her struggles. “My climb up the agribusiness ladder has been challenging but definitely worthwhile.”

Mainstreaming gender in African policymaking: Ensuring no voice is unheard

24-Nov-2019 - Despite remarkable progress made on women’s participation in policymaking, Africa is still far from achieving the 50 percent gender parity target set by the UN’s Sustainable Development Goals (SDGs).

Gender equality: It’s time for disruption, time to shatter the status quo. We can’t afford to wait!

22-Nov-2019 - If you are a gender champion, then you are familiar with the discussions around the glass cliff.  The story of women eager to defy the odds, accepting leadership roles at times of crisis, when the chance of failure is the highest. The truth is that many bold glass cliff climbers have succeeded without falling off. Two of such champions come to my mind: the former Xerox CEO Anne Mulcah and Tokunboh Ishmael, co-founder of Aliethiea IDF.

Le président de la Banque africaine de développement, Akinwumi Adesina, participera au Sommet extraordinaire des chefs d’État de la Cemac à Yaoundé

20-Nov-2019 - Le président de la Banque africaine de développement, Akinwumi Adesina, participera au Sommet extraordinaire des chefs d’État de la Communauté économique et monétaire de l’Afrique centrale (Cemac) du 21 au 22 novembre à Yaoundé, au Cameroun. L’ordre du jour du Sommet a fixé une évaluation du programme régional de réforme économique et financière de la Cemac et de la situation des économies des pays de la zone dans la perspective de leur relance et de leur diversification.

Gazelles among the elephants and lions - MSMEs carve out space to grow

19-Nov-2019 - Micro, Small and Medium-sized Enterprises (MSMEs) are the heartbeat of Africa’s economies. They represent 95% of all firms and generate more than 80% of new jobs on the continent each year. Africa’s labour force is expected to grow by 1 billion between 2016 and 2063. To keep those people working, almost 1.7 million jobs need to be created each month across the continent. MSMEs will play a crucial role in creating decent jobs and reducing inequality and poverty.

Promouvoir une culture de la transparence pour une gouvernance renforcée de la commande publique

16-Nov-2019 - La Banque africaine de développement est la première institution multilatérale de développement en Afrique. A ce titre, elle a fait du financement du développement sur le continent, son cœur de métier. Le « métier du développement » pour ainsi dire, requiert dans le contexte qui est le nôtre, plus que des vœux pieux, des aptitudes et des compétences, de la rigueur et de l’abnégation.

Africa Investment Forum 2019 : le programme « Desert to Power », initié par la Banque africaine de développement, au centre des discussions d’un panel d’experts

13-Nov-2019 - Le programme « Desert to Power », initié par la Banque africaine de développement pour fournir de l’électricité à 250 millions de personnes dans la région du Sahel, a fait l’objet d’une session spécifique mardi à l’Africa Investment Forum 2019, organisé à Johannesburg, en Afrique du Sud.

Africa Investment Forum 2019: MOU brings good news for Africa’s rail networks

13-Nov-2019 - The African Export-Import Bank (Afreximbank) and Thelo DB on Tuesday signed a Memorandum of Understanding at the Africa Investment Forum in Johannesburg. The agreement will give both parties an opportunity to develop, finance and operate railway projects across Africa. Thelo and Afreximbank have agreed to collaborate to modernise the continent’s railways, thereby promoting trade, investment, and economic and skills development. Both see the urgent need for efficient and effective transportation and logistics on the continent, particularly in...

Africa Investment Forum 2019: Unveiling the Boardroom: $67.6 billion dollars of deals tabled, $40.1 billion investor interest secured

13-Nov-2019 - It was deals that brought participants to the 2019 Africa Investment Forum and they were not disappointed. The second Forum ended on a high note Wednesday, with 56 boardroom deals valued at $67.6 billion tabled - a 44% increase from last year. Fifty-two deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars last year. During the 2018 edition of the Forum, 61 transactions valued at $46.9 billion were tabled for discussions in boardroom sessions and 49 deals worth $38.7 billion, secured investment interest.

African has grasped the Fourth Industrial Revolution, according to African Development Bank report, but its role globally could be even bigger

13-Nov-2019 - A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.  The report, titled “Potential of the Fourth Industrial Revolution in Africa”, was launched on Monday at the Africa Investment Forum, the continent’s premier investment marketplace, organized by the African Development Bank and its partners.

Mozambique features strongly at 2019 Africa Investment Forum with $24.6 billion project, the largest deal

13-Nov-2019 - Mozambique’s state oil and fuel company Empresa Nacional de Hidrocarbonetos (ENH), tabled a $24.6 billion transformative project for Mozambique’s economy, the largest deal to feature at the 2019 Africa Investment Forum. The project includes the development of the Golfinho and Atum fields and the nation’s first onshore liquefied natural gas plant. Mozambique’s Prime Minister Agostinho do Rosário made the announcement at a media briefing session during the Forum, the continent’s premier investment marketplace, organized by the African...

Toilets in schools matter – how African Development Bank is making a difference

13-Nov-2019 - At 14, Mercy Kamanga dropped out of school at Standard eight in St Paul’s Primary School in Mzimba, Malawi, due to a lack of suitable sanitation facilities. “The toilets at our school were very few, small, dilapidated and didn’t have doors; only a piece of cloth covered the entrance. Our male colleagues often rushed to nearby bushes to help themselves. It was not easy for us the girls,” recalled Mercy.

Raising capital to finance development – the Bank as innovator and catalyst

13-Nov-2019 - In many ways, Africa needs trade and investment even more than it needs development aid. This is reflected by the African Development Bank’s commitment to explore all the possible options of mobilising domestic resources.

African Development Bank Group becomes a shareholder in Africa Finance Corporation

13-Nov-2019 - L'Africa Finance Corporation (AFC), un prestataire de solutions d'infrastructures de premier plan en Afrique, a annoncé, hier, que la Banque africaine de développement avait investi 50 millions de dollars américains pour entrer à son capital. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, Africa’s highest investment-grade rated (AAA with stable outlook) multinational finance institution, has invested $50 million in the equity of AFC.

Africa Investment Forum 2019: "Build mutual trust to attract capital to Africa," says investors' panel

13-Nov-2019 - African, European and American investors and the President of the African Development Bank held a panel discussion on Tuesday at the Africa Investment Forum 2019 to collectively reflect on the theme: "Destination Africa: Leveraging Institutional Investors". Panellists included Adam Boehler, Chief Executive Officer of the United States International Development Finance Corporation; Rob Hersov, founder of the Invest Africa platform; Uche Orji, CEO of the Nigeria Sovereign Investment Authority; and Sola David Borha, CEO of Africa Regions,...

Africa Investment Forum 2019: Removing obstacles to investment in Africa

12-Nov-2019 - "Identify the three main constraints on the private sector in Africa." This exercise, conducted at a working session of the Africa Investment Forum (AIF) on Monday in Johannesburg, saw some interesting perspectives emerge. The fifty participants at this session discussed challenges and the transformation needed to shift the investment rules of engagement on the continent.

2019 Africa Investment Forum: historic signing of high-speed railway construction concession agreement for Ghana, with the support of the African Development Bank

12-Nov-2019 - The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital. The signing took place on the opening day of the second Africa Investment Forum, running from Monday to Wednesday in Johannesburg. “It’s a great day for Ghana!” said Ghanaian President Nana Akufo-Addo. “I was here last year and I’m back this year to make sure the project moves forward. This proves how important the Africa Investment Forum is. The signing of this agreement is on track to...

Africa Investment Forum 2019: African Development Bank U.S. International Development Finance Corporation team up to mobilise private capital for Africa’s development

12-Nov-2019 - The U.S. International Development Finance Corporation (DFC) and the African Development Bank Group, today signed an agreement to mobilize private capital in support of development in Africa. The Memorandum of Understanding (MOU) was signed on the sidelines of the Africa Investment Forum in Johannesburg, South Africa. Adam Boehler, DFC Chief Executive Officer said the multitude of urgent development challenges—from infrastructure development to financial inclusion and food security required collaboration with like-minded partners.

The Africa Investment Forum: an accelerator for Africa’s agricultural transformation

12-Nov-2019 - This week, business leaders, project developers, development finance professionals, institutional investors representing pension and sovereign wealth funds, as well as policymakers meet in Johannesburg for the second Africa Investment Forum convened by the African Development Bank.

Africa Investment Forum 2019: Billion dollar boost for African female entrepreneurs

12-Nov-2019 - The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what the EIB has dubbed SheInvest. The EIB expects the gender-lending initiative to allow women to play a more active role in economies.