Updates

Japan chooses AfDB to implement bold new infrastructure plan for Africa

August 27, 2016/AfDB Visiting Japanese Prime Minister Shinzo Abe has announced a bold new African infrastructure plan worth US $10 billion over the next three years to be implemented by the African Development Bank (AfDB), raising the stature of the Abidjan-based financial institution in achieving Africa’s development. The infrastructure investment […]

AfDB, World Bank strategic alliance positions Africa to attract Japanese investors

August 27, 2016/AfDB African Development Bank (AfDB) President Akinwumi Adesina and World Bank President Jim Yong Kim, leading two development institutions at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi on Friday, started a big push to enable African states to attract foreign capital. President Adesina […]

AfDB,Japan Announce US$3 Billion Private Sector Development Initiative to Boost Growth, Reduce Poverty in Africa

August 26, 2016/AfDB The African Development Bank (AfDB) and the Government of Japan announced today they have set a joint target to provide US$ 3 billion for private sector development in Africa during the next three years, substantially increasing the resources devoted to boosting economic growth and fighting poverty in […]