All posts by Admin

Masai Ujiri, President of the Toronto Raptors, made his second appearance at the Africa Investment Forum, renewing his call for African governments to invest in sports.

Ujiri, the only President of National Basketball Association (NBA) of African origin in franchise history, has worked hard over the past year to scout talent and raise awareness about the success and growth of sports on the continent.

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La Banque africaine de développement est la première institution multilatérale de développement en Afrique. A ce titre, elle a fait du financement du développement sur le continent, son cœur de métier. Le « métier du développement » pour ainsi dire, requiert dans le contexte qui est le nôtre, plus que des vœux pieux, des aptitudes et des compétences, de la rigueur et de l’abnégation.

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A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth. 

The report, titled “Potential of the Fourth Industrial Revolution in Africa”, was launched on Monday at the Africa Investment Forum, the continent’s premier investment marketplace, organized by the African Development Bank and its partners.

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Mozambique’s state oil and fuel company Empresa Nacional de Hidrocarbonetos (ENH), tabled a $24.6 billion transformative project for Mozambique’s economy, the largest deal to feature at the 2019 Africa Investment Forum.

The project includes the development of the Golfinho and Atum fields and the nation’s first onshore liquefied natural gas plant.

Mozambique’s Prime Minister Agostinho do Rosário made the announcement at a media briefing session during the Forum, the continent’s premier investment marketplace, organized by the African Development Bank and its partners.

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It was deals that brought participants to the 2019 Africa Investment Forum and they were not disappointed. The second Forum ended on a high note Wednesday, with 56 boardroom deals valued at $67.6 billion tabled - a 44% increase from last year.

Fifty-two deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars last year.

During the 2018 edition of the Forum, 61 transactions valued at $46.9 billion were tabled for discussions in boardroom sessions and 49 deals worth $38.7 billion, secured investment interest.

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De droite à gauche: Jean-Jacques Bouya, ministre de l’Aménagement, de l’équipement du territoire et des grands travaux de la République du Congo ; Akinwumi Adesina, Président de la Banque africaine de développement ; Mme Élysée Munembwe Tamukumwe, vice-Premier ministre du Plan de la République démocratique du Congo et Alain Ebobissé, Directeur général d’Africa50, juste après la signature de l’Accord, à Johannesburg

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Le programme « Desert to Power », initié par la Banque africaine de développement pour fournir de l’électricité à 250 millions de personnes dans la région du Sahel, a fait l’objet d’une session spécifique mardi à l’Africa Investment Forum 2019, organisé à Johannesburg, en Afrique du Sud.

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The African Development Bank and the European Union shook hands on a renewed commitment to unlock hundreds of millions in financing for African infrastructure and development needs.

Collaboration between the two institutions would focus on de-risking the business environment in Africa, providing equity, guarantees and other types of non-grant support, African Development Bank President Akinwumi and European Union Commissioner Neven Mimica said at a news conference held Monday, on the sidelines of the Africa Investment Forum.

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At the close on Wednesday of the second edition of the Africa Investment Forum in Johannesburg, African Development Bank president Akinwumi Adesina put the accent on current investment opportunities in Africa and on assuring young African entrepreneurs of the institution's support.

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The African Export-Import Bank (Afreximbank) and Thelo DB on Tuesday signed a Memorandum of Understanding at the Africa Investment Forum in Johannesburg. The agreement will give both parties an opportunity to develop, finance and operate railway projects across Africa.

Thelo and Afreximbank have agreed to collaborate to modernise the continent’s railways, thereby promoting trade, investment, and economic and skills development. Both see the urgent need for efficient and effective transportation and logistics on the continent, particularly in the freight railway sector.

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