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African Development Bank President Adesina urges Canada to be present at Africa’s investment table

Toronto, 19 September 2018 – African Development Bank President, Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto. Promoting the …

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The African Development Bank and FAO target agriculture investments to end hunger and create wealth in Africa

Strategic alliance includes commitment to raise funds to promote food security, sustainable agriculture and rural development Rome, Italy, 27 August 2018  – The African Development Bank and the FAO today agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa to end hunger and malnutrition and increase …

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African Development Bank working with AU, ECA, Afreximbank to boost intra-African trade

Bank proud of Afreximbank’s achievements as a strategic partner in trade finance Abidjan, Côte d’Ivoire, 16 July 2018 – The African Export-Import Bank (Afreximbank) has become a reputable and solid regional development finance institution, meeting significant financing needs in trade development and trade finance in Africa, says President of the African Development Bank, Akinwumi Adesina. Afreximbank is one of …

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Credit to private sector to grow by 13% in 2018

  Rwanda’s financial sector is expected to increase lending to the private sector with the National Bank of Rwanda predicting a 13 per cent growth (in credit to the private sector) in 2018. According to the Monetary Policy and Financial Stability Statement released yesterday by the central bank, the bank …

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Japan provides US $700 million to African Development Fund

Abidjan, Côte d’Ivoire, February 13, 2018 – The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (approx. US $700.9 million). The loan is part of …

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