Tag «Africa»

NEPAD Infrastructure Project Preparation Facility proposes regional information hub to stimulate investment in Africa

Abidjan, Côte d’Ivoire, 24 July 2017 – The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a regional information hub to advertise bankable projects in Africa. NEPAD-IPPF proposes that each country should have a window linked to the centralized hub as part of an overall objective to unlock bankable investment opportunities in …

Donor’s call for increased financial resources for preparation of bankable infrastructure projects in Africa

Abidjan, Côte d’Ivoire = Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional integration efforts were being undermined by …

AfDB focuses on fashion industry to create jobs for millions of women and youth in Africa

Abidjan, Côte d’Ivoire, 5 July 2017 – The African Development Bank (AfDB) has called for the empowerment of small and medium operators in the textiles, apparel and accessories sectors as a deliberate job creation strategy. The AfDB made the call at the recently concluded Small Business Indaba held on 26 June 2017 in Gauteng, South …

Adesina charges Mandela Washington Fellows to be change agents for Africa

Calls for better resource management, political accountability Abidjan, Côte D’Ivoire, 9 June 2017 – The President of the African Development Bank Group, Akinwumi Adesina, has encouraged the 2017 Mandela Washington Fellows for Cote d’Ivoire to research into and develop innovative ideas that would move Africa forward. Adesina gave the charge when he hosted 18 Ivorian …

Africa remains world’s second-fastest growing region

Ahmedabad, India, May 24, 2017 – In 2016, Africa as a whole maintained its position as the world’s second-fastest growing economies behind South Asia, according to data released during the Financial Presentation at the African Development Bank Group’s Annual Meetings, which entered its third day on Wednesday in Ahmedabad, India. afdb The report analyzed the …

Africans moved more freely in 2016, according to second Africa Visa Openness Index

Abidjan, Côte d’Ivoire, May 19, 2017 – The African Development Bank, in collaboration with the African Union Commission and the World Economic Forum, launched on Friday, May 19, 2017, the second edition of the Africa Visa Openness Index, ahead of the Bank’s Annual Meetings in Ahmedabad, India. The Index measures how open African countries are …

Agripreneurs in Africa gather for first-ever youth agribusiness forum

Abidjan, Côte d’Ivoire, and Ibadan, Nigeria, April 30, 2017 – Youth from all over Africa came together in the first-ever African Youth Agripreneurs (AYA) Forum in Ibadan, Nigeria, on April 25-26, 2017. The forum provided an opportunity for the youth to show their skills, creativity, and innovativeness in agribusiness, and also relate with other youths, …

President Adesina arrives in New Delhi to boost relations between India and Africa

New Delhi, India, March 30, 2017 – The President of the African Development Bank Group (AfDB), Akinwumi Adesina, arrived in New Delhi on Thursday, March 30, 2017, to begin a four-day official visit to India aimed at improving relations between the Bank and India, and the country’s ties with Africa. Adesina and members of …

MTINDO. STYLE MOVERS REBRANDING AFRICA

Photography Daniele Tamagni Preface Waridi Schrobsdorff A compelling look at the progress of fashion in Kenya Africa is rising. In Mtindo. Style Movers Rebranding Africa, awardwinning photographer Daniele Tamagni captures the new generation of young minds who are defining the creative landscape of the continent — the so-called “style movers”. The word Mtindo has a …

Reaching Small and Medium Enterprises in Africa: A Learning Forum on Africa SME Program Technical Assistance

Abidjan, Côte d’Ivoire, March 6, 2017 – The African Development Bank provides significant financial resources to reach small and medium enterprises (SMEs), including through its non-sovereign operations. In 2016 alone, the AfDB Board of Directors approved over US $400 million in new lending to financial institutions (FIs) for Africa’s SMEs. AfDB’s funding is expected …