The African Development Bank is celebrating 60 years of #MakingADifference in Africa, and we want you to be part of the celebrations. WATCH some well wishes from our Annual Meetings below, then share your own using the hashtag #AfDBat60.
African Development Bank Group
International Trade and Development
Making a Difference.
About us
The African Development Bank Group’s mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development. With this objective in mind, the institution aims at assisting African countries – individually and collectively - in their efforts to achieve sustainable economic development and social progress. Combating poverty is at the heart of the continent’s efforts to attain sustainable economic growth. To this end, the Bank seeks to stimulate and mobilize internal and external resources to promote investments as well as provide its regional member countries with technical and financial assistance.
- Website
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http://www.afdb.org
External link for African Development Bank Group
- Industry
- International Trade and Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Abidjan
- Type
- Government Agency
- Founded
- 1964
- Specialties
- Finance, Development, and Climate Action
Locations
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Primary
Abidjan, CI
Employees at African Development Bank Group
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Jean-Hubert Bayala
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João Sarmento Cunha
Head of Division, Renewable Energy Funds at African Development Bank Group
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Dr. Sheriff Alabi
Head of Africa - Governance, Development & Partnerships at Nation Building Initiative
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Eymen Errais, PhD, FRM
Investment, Risk Management and Private Sector Development Advisor
Updates
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The sprawling informal settlement of Mukuru on the outskirts of #Nairobi holds powerful tales of how an innovative gas energy company is providing clean cooking solutions and restoring dignity to households in the Kenyan capital. During a recent visit there, Solomon Adegbie-Quaynor, African Development Bank Vice President for Private Sector, Infrastructure and Industrialisation met Aurelia Aureh, one of the many women whose lives have been transformed by affordable clean cooking solutions like M-Gas. “I do not have to go to the gas vendor looking for the gas when it runs out, as M-Gas monitors my usage and replaces my gas before it runs out. In addition, it is safe. I don’t have to worry about my children playing with it because it has tight security features,” she explains. Stories like this inspire us to intensify efforts to increase investments towards affordable #CleanCooking solutions, which is already one of our priority areas. In May this year, the Bank pledged $2 billion over 10 years towards clean cooking solutions in Africa. According to Quaynor, “the Bank is working with the private sector, a key player in the #energy transition, to catalyze investments in the sector to address energy poverty in line with Sustainable Development Goal 7 on affordable, reliable, sustainable and modern energy for all.” For details, visit: https://bit.ly/3T5qPUJ #PowerAfrica #ImproveQualityofLife
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#AfDBQuiz: 23% answered correctly. Established in 1972, the #AfricanDevelopmentFund (ADF) is the concessional financing window of the African Development Bank Group, which provides financial support to low-income member countries: https://bit.ly/AfDB_ADF Visit https://bit.ly/AfDBat60 for more on the Bank’s history as we mark #AfDBat60.
#AfDBQuiz: How well do you know the African Development Bank? To mark #AfDBat60, we’re putting your knowledge of the Bank to the test.
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Le Groupe de la Banque africaine de développement a accordé un prêt de 39,2 millions de dollars au #BurkinaFaso pour un projet innovant visant à renforcer le développement des compétences et la résilience des jeunes, en mettant l’accent sur les femmes. Le Projet multisectoriel d’appui au développement des compétences pour la résilience sera financé par une contribution de 13,2 millions de dollars du Fonds africain de développement, le guichet de prêts à taux concessionnels du Groupe de la Banque, et de 26 millions de dollars de la Facilité d’appui à la transition, un mécanisme destiné aux États en transition. Ce projet permettra de : ➡ Créer au moins 20 000 emplois. ➡ Bénéficiera indirectement à 175 000 personnes. ➡ Fournira une formation professionnelle à 61 830 personnes touchées par la crise sécuritaire. ➡ Soutiendra 800 jeunes entrepreneurs. ➡ Financera 1 200 projets de jeunes et 2 000 entreprises dirigées par des femmes. Le projet renforcera les efforts du Burkina Faso pour réduire la vulnérabilité des jeunes en créant des emplois décents et en donnant accès aux services sociaux essentiels. Pour plus de détails sur le projet : https://bit.ly/3YutP0A
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TODAY: Harnessing Regional Energy Governance for #CentralAfrica’s Energy Security The African Development Bank’s Energy Policy, Regulation and Statistics Division and the University of Delaware’s Energy and Environmental Policy Program to co-host a webinar bringing together thought leaders and experts to discuss the pressing energy challenges and limitations of national energy governance in the country. TIME: 14:00-16:00 GMT REGISTER: https://bit.ly/3SWLdY4 #PowerAfrica
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📸 #AfDBat60 Photo de projet du jour : Le Train express régional TER-AIBD au #Sénégal, financé par la Banque Africaine de Développement, révolutionne la mobilité urbaine à Dakar. Ce projet offre une alternative rapide, sécurisée et respectueuse de l’environnement, avec un impact positif sur le quotidien de milliers de passagers. Découvrez comment ce projet transforme la vie à Dakar : https://bit.ly/3Xa4h6v #TransportDurable #MakingADifference
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TOMORROW: The African Development Bank’s Energy Policy, Regulation and Statistics Division and the University of Delaware’s Energy and Environmental Policy Program to co-host a webinar bringing together thought leaders and experts to discuss the pressing energy challenges and limitations of national energy governance in the country. Participants will also highlight the opportunities and benefits of regional #energygovernance to strengthen energy security, and examine various regional and continental initiatives to improve regional energy access, amongst other topics. Details: https://bit.ly/3SWLdY4 #PowerAfrica
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African Development Bank President Praises Saudi Arabia for Billions of Dollars of Investment in Africa The Bank chief was speaking at the Saudi Fund for Development’s 50th anniversary celebration in #Riyadh on Sunday. The Fund, he noted, translated the pulse of the Kingdom into development support in Africa. “Its work covers 407 projects in 41 countries in sub-Saharan Africa, with support of over $5.3 billion,” he said, in his congratulatory address delivered at the event to mark the Fund's golden jubilee. “The African Development Bank is your friend and strategic partner in Africa… I wish the Saudi Fund for Development another 50 exciting years ahead, as we partner together to support Africa with renewed dedication to accelerate Africa’s development,” Adesina concluded. More from #SFD50: https://bit.ly/4e5iokw
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Le Groupe de la Banque africaine de développement fête ses 60 ans! Allez sur https://bit.ly/AfDB60FR pour suivre notre voyage qui a commencé à Khartoum, au Soudan en septembre 1964, où des représentants de 25 pays africains se sont mis d'accord sur la vision d'une Banque pour stimuler le développement économique de l'Afrique. Six décennies plus tard, nous sommes fiers du chemin parcouru. Suivez #60AnsDeProgrès pour toutes les dernières nouvelles concernant la commémoration ! #AfDBat60
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