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African Development Bank

Call for applications – YouthADAPT Challenge 2023: empowering Africa’s female tech innovators to tackle climate change

The winners will be awarded $100,000 each, alongside mentorship and coaching to further their climate change adaptation solutions and business ideas ABIDJAN, Ivory Coast, October 25, 2023/ — The Africa Adaptation Acceleration Program (https://apo-opa.info/3s7IvoI), a joint initiative of the African Development Bank (http://www.AfDB.org) and the Global Center on Adaptation, has launched a call for applications […]

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African Development Bank and Economic Community of West African States (ECOWAS) assess regional integration strategy

The Bank Group approved the West Africa RISP 2020-2025 in May 2020 to support regional integration efforts in West Africa ABIDJAN, Ivory Coast, September 21, 2023/ — The Economic Community of West African States (ECOWAS) and the African Development Bank Group (www.AfDB.org) have concluded consultations for the mid-term assessment of the West Africa Regional Integration

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African Development Bank and Google collaborate on digital transformation in Africa

African Development Bank, Google sign ccoperation agreement to advance digital transformation in Africa. (L-R) AfDB Vice President Solomon Quaynor, President Dr. Akinwumi Adesina and Google Senior VP Dr. James Manyika (Source: African Development Bank Group (AfDB The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure, and refine talent and skills

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African Development Bank embraces ‘risky’ entrepreneurs: Young fishers in Senegal increase their incomes threefold and turn their backs on illegal immigration

The Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People focuses on training, support for formalising businesses, funding and post-funding follow-up with the beneficiaries to ensure that interventions are sustainable ABIDJAN, Ivory Coast, August 30, 2023/ — Launched in 2020, the Project to Support and Enhance the Entrepreneurial Initiatives of Women

African Development Bank embraces ‘risky’ entrepreneurs: Young fishers in Senegal increase their incomes threefold and turn their backs on illegal immigration Read More »

African Development Bank to make US$11 million equity investment in BluePeak Private Capital Fund

Featured Photo:The Guardian By investing in BluePeak, the African Development Bank will support an indigenous fund manager with a strong knowledge of African markets to invest in underserved small and mid-size companies ABIDJAN, Ivory Coast, June 30, 2023/ — The Board of Directors of the African Development Bank Group (http://www.AfDB.org) has approved an $11 million

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Women must play a larger role in peace building and resolving conflicts – African Development Bank chief

Nigeria’s first lady and outgoing chair of the African First Ladies Peace Mission, Aisha Buhari, emphasised the significance of women’s role in conflict resolution ABIDJAN, Ivory Coast, May 11, 2023/ — Women’s proven role in conflict resolution makes the unique position of First Ladies even more important as agents for resolving conflicts in Africa. “Men

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Peer Learning: Asian Development Bank and African Development Bank exchange views on operational policies

The Asian Development Bank is launching a new operating model by the end of the second quarter of 2023 which has some similar features to that currently in force at the African Development Bank ABIDJAN, Ivory Coast, April 28, 2023/ — In the last week of March 2023, the African Development Bank (www.AfDB.org) hosted a

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African Development Bank,European Union, and France invest $300 million in Tanzania’s Hydropower Project

Kakono Hydropower Project to serve four million inhabitants and spur economic activity in the Kagera Region of Tanzania DAR ES SALAAM, Tanzania, April 16, 2023/ — The government of Tanzania, the African Development Bank (www.AfDB.org), and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will

African Development Bank,European Union, and France invest $300 million in Tanzania’s Hydropower Project Read More »

Gender in Focus: Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success

The competition, which this year awarded $140,000 in prizes, is a key activity of the Bank’s ENABLE Youth Program ABIDJAN, Ivory Coast, March 6, 2023/ — Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its

Gender in Focus: Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success Read More »

PRESS RELEASE:African Development Bank Holds First Industrial and Trade Business Opportunity Forum in Egypt

CAIRO, Egypt, February 24, 2023/ — The African Development Bank (www.AfDB.org), in collaboration with the Egyptian Commercial Services (ECS) department of the Egyptian Ministry of Industry and Trade, has ended its first Industrial and Trade Business Opportunity Seminar (IT-BOS) dedicated to establishing business relationships with Egyptian manufacturers and exporters. The one-day seminar, held on 22

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