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

Published on July 14, 2024 - 16:09 GMT

South Sudan: African Development Bank Group approves $46 million grant funding for agricultural productivity, food security and ...

The Board of Directors of the African Development Bank Group has approved a $46.2 million grant to support the first phase of the Climate Resilient Agri-Food System Transformation Programme in South Sudan. This initiative aims to boost agricultural …

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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 …

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Published on July 12, 2024 - 18:31 GMT

Esther Kimani, 2022 Youth Adapt Winner Awarded 2024 Africa Prize for Engineering Innovation

Esther Kimani, a 2022 YouthADAPT winner, received the prestigious 2024 Africa Prize for Engineering Innovation from the Royal Academy of Engineering on June 13 in Nairobi, Kenya. YouthADAPT is sponsored by the African Development Bank and the Global Center …

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Published on July 10, 2024 - 10:17 GMT

2nd African Development Bank Transport Forum: Africa on the Move—Accelerating Sustainable Transport and Logistics Connectivity

What: 2024 African Development Bank Transport Forum Who: African Development Bank, policymakers, senior transport leaders from the public and private sectors, and experts When: 18-19 September 2024 Where: Sofitel Hôtel Ivoire, Abidjan, Côte d'Ivoire ( …

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Published on July 9, 2024 - 23:38 GMT

Dig deep to aim high: how to use mining to unlock Mauritania’s potential

These are exciting times in Mauritania. This nation connecting West and North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani …

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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 …

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Published on July 6, 2024 - 21:33 GMT

Driving progress: Comorians celebrate 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 …

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Published on July 6, 2024 - 13:33 GMT

African Development Bank at Landmark Event on Renewable Energy Integration in Tunisia

The African Development Bank participated in an “Integrating Renewables in Energy Transitions” event in Hammamet, Tunisia, from May 21 to 24, 2024. Co-hosted by the Climate Investment Funds (CIF) and the government of Tunisia, the learning event brought …

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Published on July 6, 2024 - 06:18 GMT

Cabo Verde: AfDB-supported Tech Park Impresses International Delegation with Rapid Growth and Economic Impact

A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde Tech Park during a recent visit, highlighting its rapid growth, full occupancy, and role in diversifying the country's economy. …

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Published on July 5, 2024 - 09:19 GMT

“Light drives development!”: Electricity supply to Sèmè-Kpodji in Benin means Fatima Hounkanrin can keep her shop open till late ...

Night has fallen on Sèmè-Kpodji, a lively town on the shores of the Atlantic Ocean, in south-east Benin. Many of the city’s residents are still busy working, including Fatima Hounkanrin, 30, who runs a small shop selling tomatoes, pepper, soap, drinks and …

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Published on July 5, 2024 - 08:48 GMT

Angola: African Development Bank Vice President Akin-Olugbade on mission to boost development impact

African Development Bank Vice-President for Regional delivery, Integration and Business Delivery, Marie-Laure Akin-Olugbade has completed a mission to Angola in which she held several strategic, high-level dialogue sessions with authorities of the country. …

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Published on July 5, 2024 - 02:04 GMT

African Development Bank Appoints Dr Babatunde Samson Omotosho as Director of Statistics Department

The African Development Bank has appointed Dr Babatunde Samson Omotosho, an economist and statistician, as Director of the Statistics Department, effective June 16, 2024. Dr Omotosho, a Nigerian national, has more than 21 years experience in developing …

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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 …

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Published on July 3, 2024 - 05:42 GMT

African Development Bank Group Builds Project Implementation Capacity in Madagascar

To improve the management and monitoring of the projects it finances or co-finances in Madagascar, the African Development Bank conducted a two-day training for Malagasy government officials involved in the supervision of these tasks. The workshop, held on …

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Published on July 3, 2024 - 05:42 GMT

Mauritania: The African Development Bank grants $17 million to strengthen resilience of female market gardeners, add value to ...

The African Development Bank (ADB) Group Board of Directors has approved a grant of $17 million to the Islamic Republic of Mauritania to implement the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women's Entrepreneurship ( …

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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 …

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Published on July 2, 2024 - 23:30 GMT

Empowering women: community-based training in non-timber forest products and business management in the Kafue sub-basin

Women farmers living in one of Zambia’s critically important forest regions – the Kafue Sub-Basin – recently completed a training programme, supported by the African Development Bank and the Climate Investment Funds (CIF), on how to earn income from forest …

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Published on July 2, 2024 - 19:01 GMT

African Development Bank Group Launches Project to Map Women Entrepreneurs’ Associations in Africa

The African Development Bank launched a project on 26 June aimed at mapping 160 women entrepreneurs’ associations in 16 African countries. The mapping project, supported by the Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative …

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Published on June 28, 2024 - 19:19 GMT

African Development Bank and JICA Align Priorities Ahead of TICAD9 Summit

The African Development Bank Group and the Japan International Cooperation Agency (JICA) have underscored the critical need for blended and innovative finance mechanisms to back Africa’s efforts to tackle climate change. In a meeting held in Tokyo on 20 …

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Published on June 28, 2024 - 18:35 GMT

African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda

The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops aimed at integrating 'just transition' principles into Uganda's sustainable development strategy. The two-day event …

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