Making a Difference - African Development Bank Group
Sudan ups its replenishment of the African Development Fund to $3 million. Finance Minister Dr Gebreil Ibrahim Mohamed Fediel (5th from left) makes the announcement at a meeting with African Development Bank Group President Dr. Akinwumi Adesina (4th from left) and ministers from Sierra Leone, Gambia and Liberia.
African Economic Outlook 2024 - African Development Bank …
The theme of the 2024 African Economic Outlook is Driving Africa’s Transformation: The Reform of the Global Financial Architecture.. Despite strong economic performance and remarkable resilience, structural transformation in Africa has been slow and uneven, and addressing this will require calling bold reforms of the global financial architecture to meet Africa’s development financing needs
Overview - African Development Bank Group
OVERVIEW OF THE AFRICAN DEVELOPMENT BANK GROUP – IN BRIEF Founded 1964 Constituent Institutions The African Development Bank (AfDB) The African Development Fund (ADF) The Nigeria Trust Fund (NTF) Shareholders 54 African countries (regional member countries) 27 non-African countries (non-regional member countries) Mission To promote sustainable economic growth and reduce poverty in Africa.
Building today, a better Africa tomorrow - African Development …
Jul 27, 2022 · African Development Bank’s Acting Chief Economist/Vice President Kevin Urama (L), Cathy Pattillo, Deputy Director of IMF’s African Department, and James Roaf, IMF’s Assistant Director Fiscal Affairs and Climate Change Policy Coordinator at a presentation of the African Economic Outlook at the IMF’s headquarters in Washington D.C
Mission and Strategy - African Development Bank Group
The Bank Group 10-Year Strategy of the African Development Bank Group 2024-2033 rests on a foundation of optimism about Africa’s potential to transform societies, economies, and the lives of the people of the continent for the better. Over the past two decades, Africa has got many of the fundamentals right, enjoying its most sustained period of …
Flagship Climate Initiatives and Funds | African Development Bank …
Africa Adaptation Acceleration Program (AAAP) The Africa Adaptation Acceleration Program (AAAP) is a collaborative initiative between the African Development Bank and the Global Center on Adaptation (GCA) aimed at mobilizing $25 billion over five years to enhance and expedite adaptation actions across Africa. The program comprises four transformative pillars: Food Security: This pillar seeks ...
The African Development Bank’s Climate Change Commitment
The African Development Bank Group has demonstrated a longstanding commitment to addressing climate change and promoting green growth across Africa. The Bank is spearheading efforts to ensure that development across the continent drives growth that is not only economically empowering but also decarbonized, climate-friendly, environmentally sustainable, and socially inclusive. Key achievements ...
African Development Bank leads efforts to amplify Africa’s climate ...
What: African Development Bank Group to participate in COP29 Who: Dr. Akinwumi A. Adesina, President of the Africa Development Bank Group, Bank senior management team, sector directors and managers When: 11-22 November 2024 Where: Baku Stadium, Baku, Azerbaijan. African Development Bank Group President Dr. Akinwumi A. Adesina will lead a delegation to this year’s UN Climate Change Conference ...
African Development Bank, 11 leading Multilateral Development …
Dec 10, 2020 · The African Development Bank joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) on Thursday in launching a first-ever joint report on financing the Sustainable Development Goals (SDGs). The launch took place during a virtual ceremony attended by the heads of the …
African Development Bank ranks first on Global Aid Transparency …
Jul 13, 2022 · Publish What You Fund, the global campaign for aid and development transparency, has named the African Development Bank the most transparent organisation in the world. The Bank’s Sovereign Portfolio now ranks first out of 50 global development institutions in Publish What You Fund’s 2022 Aid Transparency Index, released today with a top score of 98.5.