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Les administrateurs du Groupe de la Banque africaine de développement conduisent une mission de consultation du 17 au 21 février au Sénégal, ponctuée, ce lundi, par des réunions dans cinq ministères et des visites dans des structures de projets.   

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Ireland moved a step closer to becoming a member of the African Development Bank Group after a government delegation on Monday deposited ratification instruments during an official visit to the Bank’s Abidjan headquarters.

The delegation, led by  Paul Ryan, Director, International Finance Division of Ireland’s Department of Finance, included Patrick Mulhall and Renee Martin of the Department of Finance, and Laura Gibbons from the Department of Foreign Affairs and Trade.

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The African Development Bank and the Botswana Development Corporation (BDC) on Friday signed a Line of Credit (LOC) totaling $80 million to help scale up key investments in the southern African country.

BDC will on-lend to specific target groups, focusing on industrialization including manufacturing, transport and service sectors that have significant development impact.

Repayment will be over 10 years, including a two-year grace period.

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Posted On February 28, 2020By AdminIn _news-en

First ALSF High-level Members Forum

What: First ALSF High-Level Members Forum
When: 26 and 27 February 2020, 8.30am to 5pm
Where: Hotel Radisson Blu, Abidjan, Côte d’Ivoire

 

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The Executive Council of the African Union has supported Dr. Akinwumi Adesina’s candidacy for a second term as President of the African Development Bank. 

The decision was taken during the thirty-sixth Ordinary Session of the AU Executive Council, held during the AU Summit in Addis Ababa, Ethiopia, 6-7 February 2020.

Adesina was elected to his first term as President by the Bank’s Board of Governors at its Annual Meetings in Abidjan on 28 May 2015. He is the eighth President of the African Development Bank Group and the first Nigerian in theRead More

""La Banque africaine de développement est partenaire du Bénin depuis 1972, l’un des six pays africains ayant connu la plus forte croissance en 2019.
John Andrianarisata, représentant de la Banque dans le pays, explique le rôle de l’institution dans cette performance et détaille ses priorités pour accompagner le Bénin dans la transformation structurelle de son économie.

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The African Development Bank and African Development Fund today approved a framework  for $122.55 million to clear Somalia’s arrears, paving the way for the Bank Group to fully reengage with Somalia and opening opportunities for enhanced financing for the country.

The historic Framework for Somalia’s Arrears Clearance and a Policy-based Operation was approved at a meeting of the Boards of Directors held Wednesday.

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The New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) held its 30th Oversight Committee meeting for the Special Fund at the headquarters of the East African Community, in Arusha, Tanzania.

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“Twenty-three years is not a trivial number of years to spend in an institution. You’ve been a pillar of this institution. You’ve done very well.”

It is with those words that the Executive Director for Nigeria and São Tomé and Príncipe, Bright Okogu, also Dean of the Board of directors of the African Development Bank, commended the outgoing Senior Vice President, Charles Boamah.

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Representatives of 27 Development Finance Institutions (DFIs) met at the University of Oxford on 11-13 February for a follow-up forum to strengthen private investment inflows into fragile or conflict-affected economies.

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