ABIDJAN, Ivory Coast, January 13, 2020/ — The International Federation of Consulting Engineers (FIDIC) (FIDIC.org) has secured a major agreement with the African Development Bank (AfDB.org) that will see the international funding organisation include the use of seven FIDIC standard contracts for the next five years. Under the terms of the agreement, FIDIC has granted Read more
Akinwunmi Adesina, President of the Africa development bank (AfDB), has declared his support for the recently adopted ‘Eco’, the unified currency for West African countries. The Eco will be replacing the CFA franc and has been adopted by eight ECOWAS francophone countries namely Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo, with Read more
ABIDJAN, Ivory Coast, October 31, 2019,/ — The President of the Republic of Côte d’Ivoire, Alassane Ouattara, on Thursday called on the Governors of the African Development Bank (AfDB.org) to “make the right decision” to enable the continent to achieve its development goals. President Ouattara made the remarks at the opening of the 5th extraordinary meeting of Read more
The African Development Bank (AfDB) has appointed a group of renowned experts to the board of a continental initiative to mobilize financing for resilience to the negative impacts of climate change. The Bank established the interim executive board of the Adaptation Benefits Mechanism (ABM) on 4 October 2019. The ABM board is being assisted by an interim secretariat, Read more
President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB). Mr Adesina, while speaking at an event in Lagos on Sunday, appreciated Mr Buhari for nominating him for re-election for a second term as president of the bank. According to Mr Adesina, Nigeria has invested so much in me. Read more
ABIDJAN, Ivory Coast, September 13, 2019/ — Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s (www.AfDB.org) new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event Read more
The African Development Bank has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management professionals, with offices all over the world including Africa. The Bank was awarded a silver award at advanced standard level following the CIPS Procurement Excellence Programme, for Read more
President Alassane Ouattara of Côte d’ Ivoire has appointed Adama Koné, Minister of Economic and Financial Affairs to support the re-election of Akinwumi Adesina as President of the Africa Development Bank (AfDB). President Quattara said this at the first Council of Ministers of the country’s new government team on Friday. He explained that Mr Koné, a former Read more
The African Development Bank (AfDB.org) and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania, potentially benefitting hundreds of thousands of smallholder farmers. The organizations held a signing ceremony at the African Green Revolution Forum in Read more
YOKOHAMA, Japan, August 30, 2019/ — By investing in Africa’s food markets, governments can win the fight against stunting and improve nutrition across the continent. And with support from institutions like the African Development Bank, the results would be a win-win situation for all. “What a huge potential the food markets represent. “Feed Africa,” which Read more
