A Ministra de Estado Semereta Sewasew, do Ministério das Finanças da Etiópia, e o vice-presidente do Banco Africano de Desenvolvimento para a Energia, Clima e Crescimento Verde, Kevin Kariuki, assinam um acordo de 830 mil dólares para financiamento de assistência técnica.
O Banco Africano de Desenvolvimento assinou um acordo de subvenção de assistência técnica no valor de 830 mil dólares para a Etiópia. Os fundos ajudarão a integrar a gestão do risco climático, género e resiliência no planeamento económico e desenvolvimento da sub-bacia Ziway-Shallah.
Young African entrepreneurs on Wednesday expressed their doubts about the future. But, above all, they shared their hopes for our continent’s development.
They came to celebrate Africa Day, held on the side-lines of the African Development Bank Group’s Annual Meetings (23-27 May) in Accra. The young people presented their activities in various sectors (information technology, fashion and textiles, sports management) to the assembled leaders, and proposed their vision of the future.
Governors, the board, management and staff of the African Development Bank Group—meeting in the Ghanaian capital for its annual meetings this week—devoted much of Wednesday to celebrating Africa Day.
African nations and institutions mark Africa Day annually on 25 May to celebrate the 1963 founding of the erstwhile Organisation of African Unity—today the African Union. The Bank Group held a colourful ceremony during its ongoing annual meetings in honor of Africa Day 2022.
L-R: Hassatou N'Sele, Acting VP for Finance and CFO; Solomon Quaynor, VP, Private Sector, Infrastructure, and Industrialization; Yacine Fal, Acting VP, Regional Development, Integration and Business Delivery; Beth Dunford, VP, Agriculture, Human and Social Development; and Kevin Kariuki, VP, Power, Energy, Climate, and Green Growth.
An African Development Bank report released Thursday shows that the institution was pivotal in 2021, delivering timely investments that are helping millions of Africans overcome the unprecedented challenges caused by the Covid-19 pandemic.
l-r Ghanaian Minster for Energy, Dr. Matthew Opoku Prempeh, AfDB president Akinwumi Adesina, Ghanaian Finance minister Ken Ofori-Atta, AfDB Governor for Switzerland Dominique Paravicini
The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and Solar Photovoltaic Net Metering project. The project will benefit schools, health centres and communities across the country.
Q1: At the African Union Summit of Heads of State and Government in Addis Ababa, in February, African leaders called for providing Africa with a larger part of the re-allocated Special Drawing Rights. Do you think Africa can succeed in securing a bigger settlement?
Nicolas Kazadi, Minister of Finance, Democratic Republic of the Congo (far left); Senegal Minister of Economy, Planning, and International Cooperation Amadou Hott; Vicky Ford, Minister for Africa at the UK Foreign, Commonwealth & Development Office; Ghana’s Minister of Finance Kenneth Ofori-Atta; Admassu Tadesse, President Emeritus and Group Managing Director, TDB Group; and Pierre Cailleteau, Managing Director, Lazard, discussing the critical role the African Development Bank and other multilateral development banks can play in channeling IMF special drawing rights to African countries and regional development institutions.
The United Kingdom may channel some of its International Monetary Fund Special Drawing Rights (SDRs) to Africa through the African Development Bank, revealed UK Minister for Africa, Latin America and the Caribbean Vicky Ford yesterday.
“Let me be very clear, the UK would like to channel some of our SDRs to Africa through the African Development Bank,” Ford said on Wednesday at the African Development Bank Group’s 2022 Annual Meetings in Accra. “We welcome the Bank’s efforts to develop options for these SDRs, Ford said.
It is my great pleasure to welcome you all to Ghana, and to the 57th African Development Bank and 48th African Development Fund Annual General Meetings. As we say in Ghana, “Akwaaba!” You are amongst a people who pride themselves on their sense of hospitality. I hope that, by the end of your visit, you will agree with this claim.
The President of Tanzania, Samia Suluhu Hassan, received the Africa Road Builders–Babacar Ndiaye Trophy on 25 May in Accra, during the African Development Bank’s 2022 Annual Meetings.
Tanzanian President Samia Suluhu Hassan was awarded the Super Builder Award-Babacar N'Diaye Trophy on Wednesday for her personal commitment to the development and implementation of road, rail, and airport projects in Tanzania.
The award was presented to Hassan at the Africa Road Builders Final Conference on the sidelines of the African Development Bank Group’s Annual Meetings in Accra.
(Left to right) Acting Chief Economist and VP Kevin Urama and VP for Power, Energy, Climate and Green Growth, Kevin Kariuki unveil the 2022 African Economic Outlook.
Africa’s gross domestic product has recovered strongly in the last year, but the lingering effects of the Covid-19 pandemic, Russia’s invasion of Ukraine and the ensuing war could pose considerable challenges in the medium term. This is according to the 2022 African Economic Outlook, released by the African Development Bank on Wednesday.