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 Bank’s upcoming Africa Investment …
Read More »African Development Bank, Mariner Investment Group, and Africa50 Price Landmark $1 Billion Impact Securitization
The African Development Bank (AfDB) the European Commission, Mariner Investment Group LLC (Mariner), Africa50 and Mizuho International plc ) today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk. Room2Run is the first-ever portfolio synthetic securitization between a …
Read More »How Nigeria can achieve food security -Njideka Nwapa-Ibuaka, consultant
By Enyeribe Ejiogu NJIDEKA Nwapa-Ibuaka, chief executive of New Generation Resources Consulting, who holds a doctorate degree in Management and Organizational Leadership, is a consultant to reputable Nigerian organization in the Oil and Gas Industry. She also knows firsthand the daunting difficulties of managing a farm business in Nigeria, having …
Read More »African Development Bank and Canada share commitment to women’s empowerment on the continent
On her first visit to the West African nation of Cote d’Ivoire, Canada’s Minister of International Development, Marie-Claude Bibeau and the President of the African Development Bank Akinwumi Adesina shared a common vision and commitment to the advancement of women and girls on the continent. Both officials met at …
Read More »African Development Bank President attends Morocco’s Fête du Trône celebrations
Dr Akinwumi Adesina, The President of the African Development Bank Group participated in the Fête du Trône (Throne Day) ceremony, marking the 19th anniversary of His Majesty, King Mohammed VI’s accession to the throne. Other international personalities present at the ceremony, which was held on Monday, July 30, 2018 at …
Read More »African Development Bank Group Annual Meetings: Regional cooperation, structural reforms key to economic transformation
Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and t uplifts Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank, during his address at the 2018 Annual Meetings of the African Development …
Read More »African Development Bank and United Nations Industrial Development Organization (UNIDO) join forces to accelerate Africa’s industrialization
The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization. “The Bank launched in 2016 its Industrialization Strategy for Africa 2016-2025, which was the outcome of collaborative work …
Read More »Korea is a model for Africa’s industrialization, says President Adesina
The 53rd Annual Meetings of the African Development Bank opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial revolution. Participants also advocated for a balance between the role of the State …
Read More »CEO of a US Fortune 500 company, Martin Richenhagen opens AGCO Africa Headquarters in Johannesburg
“Africa’s role is pivotal to feeding the world’s growing population and repairing the problem of global food security,” says Martin Richenhagen, President, Chairman and CEO of AGCO, Your Agriculture Company (NYSE:AGCO) a worldwide manufacturer and distributor of agricultural equipment. In a keynote speech, Mr Richenhagen outlined AGCO’s vision and …
Read More »Africa Investment Forum endorsed as a game changer for financing Africa’s infrastructure development
By 2050, just 32 short years from now, Africa’s growing population will tip the scales at a whopping 2 billion, with a youth of 840 million. In the process, the continent will overtake the populations of China and India combined. Financing Africa’s development needs will require an estimated US …
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