African Development Bank Press Releases - EIN Presswire - Press Release Distribution Service

Published on July 13, 2024 - 08:54 GMT

Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This follows the announcement by Nigeria’s Minister for …

Distribution channels: Banking, Finance & Investment Industry

Published on July 7, 2024 - 01:47 GMT

Driving Progress: Comorians Celebrates Transformative Road Built with African Development Bank Support

The people of the Union of the Comoros are celebrating the completion of a major road that will open up its agriculturally rich areas and provide reliable access to its popular tourist centres. Thousands of Comorians turned up to witness the official …

Distribution channels:

Published on July 4, 2024 - 19:25 GMT

African Development Bank and Korea Customs Service Sign Aide Memoire to Boost Trade Facilitation in Africa

Africa is set to benefit from improved customs technologies to boost intra-African trade. The African Development Bank and the Korea Customs Service (KCS) have signed an Aide Memoire on Facilitation of Customs Reforms and Modernisation that will tap Korean …

Distribution channels: Banking, Finance & Investment Industry

Published on July 3, 2024 - 05:42 GMT

Sierra Leone: African Development Fund approves $20 million grant for youth and women jobs

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, approved a $19.95 million grant for an initiative to provide livelihood for Sierra Leone’s women and youth. The "Job Creation for …

Distribution channels: Banking, Finance & Investment Industry

Published on June 28, 2024 - 15:27 GMT

African Development Bank and partners visit Lomé-Cotonou road upgrading site and ancillary projects

Representatives of development partners financing a major highway upgrade linking the Togolese capital, Lome, to Cotonou, Benin, joined Togolese officials on 19 June 2024 to inspect the project's progress. The €181.4 million Lomé-Cotonou Road …

Distribution channels: Banking, Finance & Investment Industry

Published on June 27, 2024 - 13:46 GMT

Regional Consultation on Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop on Continental ...

What: Regional Consultation on Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop on Continental Nutrition Accountability Scorecard (CNAS) Who: Government of Uganda, African Union Commission, African …

Distribution channels: Banking, Finance & Investment Industry

Published on June 27, 2024 - 13:46 GMT

How one man helped raise $180 billion for Africa in six years

Transcription from the original interview: https://edition.cnn.com/2024/06/25/world/video/marketplace-africa-african-development-bank-akinwumi-adesina-spc Dr. Akinwumi Adesina The young people we have in Africa are brilliant. They are smart, they are …

Distribution channels: Banking, Finance & Investment Industry

Published on June 26, 2024 - 19:27 GMT

African Development Bank named Development Financial Institution of the year by TXF Global

The African Development Bank has received the Development Finance Institution (DFI) of the year award at the TXF GLOBAL 2024 Export, Project & Development Finance Conference, for being at the forefront of multilateral development bank (MDB) innovation. …

Distribution channels: Banking, Finance & Investment Industry

Published on June 25, 2024 - 00:47 GMT

African Development Bank and African Solidarity Fund seal strategic partnership

The African Development Bank and the African Solidarity Fund (ASF) have signed a letter of intent to strengthen the two institutions’ working relationship and synergy. The partnership was ratified by Aida Ngom, Director of the Private Sector Development …

Distribution channels:

Published on June 22, 2024 - 18:47 GMT

Japanese Keizai Doyukai and African Development Bank forge stronger ties to boost private investment and youth engagement in ...

Representatives from the Japanese business association Keizai Doyukai and the African Development Bank Group met in Tokyo on Tuesday to explore deepening private sector cooperation and investment in Africa. The meeting, held at Keizai Doyukai’s offices …

Distribution channels: Banking, Finance & Investment Industry

Published on June 22, 2024 - 01:18 GMT

African Development Bank, WFP project boosts wheat production in war-torn Sudan amid soaring hunger

An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across five …

Distribution channels: Banking, Finance & Investment Industry

Published on June 22, 2024 - 01:18 GMT

Bridging Progress: African Development Bank powers The Gambia’s leap into the future

The African Development Bank’s investments in The Gambia’s energy sector have significantly improved access to affordable and reliable electricity, with at least 70% of Gambians projected to have power by the end of 2024 (50% in rural areas), according to …

Distribution channels:

Published on June 22, 2024 - 01:18 GMT

Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank's strong support to manage risks, African Development Bank Group leaders stressed at the Japan-Africa Business Forum in …

Distribution channels: Banking, Finance & Investment Industry

Published on June 15, 2024 - 09:56 GMT

Joint Press Statement between Italy and the African Development Bank Group, G7 Heads of State and Government Summit

Joint Press Statement between Ms. Giorgia Meloni, Prime Minister of Italy, and Dr. Akinwumi A. Adesina, President of the African Development Bank Group G7 Heads of State and Government Summit, Apulia, Italy, 15 June 2024 The Prime Minister (PM) of Italy, …

Distribution channels: Banking, Finance & Investment Industry

Published on June 14, 2024 - 20:22 GMT

G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development ...

G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph Biden and current G-7 …

Distribution channels: Banking, Finance & Investment Industry

Published on June 14, 2024 - 13:35 GMT

African Development Bank launches African Debt Managers Initiative Network to spur home-grown solutions to debt challenges

The African Development Bank's African Development Institute on Thursday launched the African Debt Managers Initiative Network (ADMIN), a new program to provide home-grown solutions to Africa's debt challenges. The inauguration and first peer …

Distribution channels: Banking, Finance & Investment Industry

Published on June 14, 2024 - 10:54 GMT

African Development Bank Empowers Women Entrepreneurs Associations: The New Businesswomen’s Associations Mapping Project

What: Launch of the ‘’Mapping of Women Business Associations in Africa’’ project Who: The African Development Bank’s Gender, Women and Civil Society Department When: 26 June 2024 from 10:00 a.m. to 11:30 a.m. Abidjan Time (GMT) Where: In …

Distribution channels: Banking, Finance & Investment Industry

Published on June 12, 2024 - 10:47 GMT

African Development Bank strengthens transition states' capacity for more productive, effective and transparent debt management.

The African Development Bank Group has launched a series of training programmes to support 22 Transition or fragile states in Africa to manage their debt more effectively. The Public Finance Management Academy for Africa (PFMA), an initiative of the Bank …

Distribution channels: Banking, Finance & Investment Industry

Published on June 11, 2024 - 16:58 GMT

African Development Bank Group Appoints Lamin Barrow as Director General for West Africa Region

The African Development Bank Group has appointed Lamin Barrow, an economist, as the Director General for the West Africa Region, effective June 1, 2024. Barrow, a Gambian national, brings extensive experience and knowledge to his new role, having joined …

Distribution channels: Banking, Finance & Investment Industry

Published on June 11, 2024 - 15:35 GMT

African Development Bank appoints Chioma Onukogu as Director of Board Affairs and Proceedings

The African Development Bank has appointed Chioma Angela Onukogu as the Director of Board Affairs and Proceedings in the Office of the Secretary General and the General Secretariat, effective 16th April 2024. Onukogu, a Nigerian national, brings over 25 …

Distribution channels: Banking, Finance & Investment Industry