The African Development Bank Group, on 25 July 2022, announces the nine-month debarment of Entreprise de Commerce et de Construction Immobilière with effect from 27 June 2022. Entreprise de Commerce et de Construction Immobilière is a limited liability company registered under the laws of the Republic of Côte d'Ivoire.
Florence Latila remembers the destruction that flooding caused in Yaounde, the Cameroonian capital for over three decades from 1980.
“When it rained, the water could reach my waistline. It was not possible to access the area to work on many days,” Latila said.
About 2.8 million of the country’s 26 million inhabitants reside in Yaoundé. Over 130 floods struck the capital between 1980 and 2014, resulting in deaths and economic damage.,
Part of 17 km of canals built during the first and second phase of an African Development Bank’s project on the watercourses that drain Yaoundé City.
The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation.
The signing took place on 25 July 2022, on the margins of the ninth meeting of the AfCFTA Council of Ministers responsible for trade, held in Accra, Ghana.,
African Development Bank and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel discussion on the African Development Bank's 2022 African Economic Outlook hosted by the IMF in Washington, DC on Monday.,
The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a grant of $2 million to boost food production in Sierra Leone.
The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be financed with a $550,000 grant from the NEPAD Infrastructure Project Preparation Facility Special Fund (NEPAD-IPPF) to support the market analysis and pre-investment study for the project.,
The Board of Directors of the African Development Fund has approved a $5.6 million grant in additional funding for Mozambique’s Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Program.
Ms. Nadia Fettah Alaoui, Minister of Economy and Finance of the Kingdom of Morocco, and Co-Chair of the Africa50 General Meeting of Shareholders,
Members of the Moroccan government,
Ministers representing the governments of Africa50's shareholder countries
Members of the United States government,
Mr. Alain Ebobissé, Managing Director of Africa50,
Ms. Florizelle Liser, President of the Corporate Council on Africa,
Dear Africa50 shareholders and board members,
Ambassadors and Heads of Diplomatic Missions,
Dear colleagues of Africa50,
The African Development Bank Group’s Board of Directors has approved Egypt’s Country Strategy Paper for the 2022-2026 period.
Under the new strategy, the Bank will be guided by the priorities of the country’s National Development Plan— also known as Egypt’s Vision 2030— and its Government Action Program 2023-2027. The goal is to support the country’s efforts to build a competitive and resilient economy.
