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Integrating Africa’s financial markets: African Development Bank and Egypt’s Stock Exchange hold investor roundtable for the African Domestic Bond Fund

The Egyptian Exchange (EGX) and the African Development Bank have jointly organised an investor roundtable in Cairo to promote the African Domestic Bond Fund (ADBF), set up to improve the liquidity and transparency of African local currency bond markets – a key step in expanding the continent’s capital markets, with …

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Africa Investment Forum: Partners reaffirm commitment to close Africa’s infrastructure gap

Africa Investment Forum: Partners reaffirm commitment to close Africa’s infrastructure gap Two innovative products – Digital Investment Platform, Tracker, announced Abidjan, Cote d’Ivoire, 25 March 2019 – The African Development Bank, heads of 34 leading financial institutions covering Africa and other partners of the Africa Investment Forum reaffirmed their commitment …

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African Development Bank and Rwanda Sign financing agreements worth €115 million for water projects

Kigali, Rwanda, 16 January 2019 – The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme as additional financing. The funding, which comprises €114.27 million from the AfDB window and €0.8 million from …

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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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Kagame: Stop begging, finance Africa’s development

Africa will stop depending on donors to finance its own development if it tames illicit financial flows, improves taxation and adds value to its raw materials, according to Rwandan President Paul Kagame. He was speaking at the opening of the African Leadership Forum last week. The leader, who is also …

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Financing of the Union: By Africa for Africa

The African Union has adopted a new financing strategy to assure reliable funding for its programmes and make it less dependent on external partners. The African Union (AU) was launched in 2002, succeeding the Organisation of African Unity (OAU, 1963–99), with the aim of driving Africa’s growth and economic development …

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