The COVID-19 pandemic has exposed the challenges and opportunities of Africa’s development landscape, former British prime minister Tony Blair said on Monday in a lecture organized by the African Development Institute in Abidjan. “We have the same problems but what we also have is vastly increased urgency…not so much a …
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Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook. “The credit profile of African Development Bank (AfDB) is supported by the bank’s robust capital buffers and superior risk management, which mitigate risks,” Moody’s Investor Service said in an annual credit analysis dated 27 …
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The African Development Bank AfDB) have announced twenty-five finalists for this year’s AYAF AgriPitch Competition with six Nigerian youth-led technology solution driven companies making the list. According to the AfDB’s report, Nigeria’s Farmspeak Technology, One Kiosk, Releaf and seven other African agric companies were selected in the Start-ups category. Over …
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The African Natural Resources Centre (ECNR) of the African Development Bank will hold the Inception Workshop for the Financial Modeling Project in the Extractive Sector (FIMES) on 09 – 10 November 2020, from 09.00 – 12.00 GMT. The FIMES project is a multinational project funded by the African Development Bank …
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The Women in Ethics and Compliance in Africa network, (WECA), a new initiative creating a membership group for women executives and management leading the fight against corruption and non-compliance in business, made its debut at an online webinar co-hosted by the Bank on October 22. Its organisers, leaders from the …
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Multilateral development finance institutions on Wednesday pledged to continue to collaborate in their efforts to mitigate the adverse impact of the COVID-19 pandemic and accelerate the recovery of economies and livelihoods. The joint effort of the MDBs has seen a COVID-19 response envelope of about $230 billion. In addition, the …
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There are just hours to go until the 23 October deadline to enter the African Development Bank’s AgriPitch Competition. Selected entries by African youth agripreneurs will be invited to showcase their agribusiness startup plans and compete for a share of $120,000 in funding seed prizes, a slot of the competition’s …
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At a webinar held last week by the Nordic-African Business Association (NABA), African Development Bank Vice President Solomon Quaynor made a powerful case for strategic investment opportunities in Africa. The digital webcast, organized by NABA, the Norwegian Ministry of Foreign Affairs, Scatec Solar and Africa Finance Corporation (AFC), was part …
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The African Development Bank has urged Japanese investors to collaborate with local partners in Africa in order to stimulate growth on the continent. The invitation came on 29 September during a webinar to provide information to the Japanese private sector on doing business in Africa. About 250 participants, mainly from …
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The African Development Bank was selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight COVID-19 social bond issued on March 27, 2020. The winners of the GobalCapital Bond Awards 2020 were announced on 30 September at …
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