Bank for African Development Students can gain professional and hands-on experience at the African Development Bank through the AfDB Internship Program. The program gives the Bank access to a pool of prospective employees for upcoming hiring needs. In addition to receiving a monthly stipend, qualified interns will get benefits from the bank’s health insurance program….
A new $1 billion fund has been established by the African Development Bank to speed up climate funding for the continent’s young firms. Akinwumi Adesina, president of the African Development Bank, made the announcement at a high-level intergenerational dialogue titled “Africa Driving Climate Adaptation Solutions and Jobs” that took place on the outskirts of Nairobi…
The Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger will receive a $950,000 grant from the Gender Equality Trust Fund of the African Development Bank. The grant, which will add to an earlier $3.9 million finance grant from the Bank’s Transition Support Facility, is anticipated to support…
The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This represents a significant accomplishment for the Bank’s Coding for Employment initiative and its expanding collaborations with institutions of higher learning as well as technical and vocational education and training. “The Bank…
On International Girls in Information and Communication Technology (ICT) Day, the African Development Bank’s Coding for Employment program announced that half of its initial training seats will be reserved for women candidates. The Coding for Employment program, which provides African youth with the digital skills they need to participate effectively to the global digital economy,…
The African Development Bank Group has invested over $1 billion in Mozambique’s north, including the Liquefied Natural Gas Rovuma Area 1 project, a climate resilience project, the Mueda Negomano Road project, and the Mozambique Energy-for-All program. Akinwumi A. Adesina, President of the African Development Bank, and President of the Republic of Mozambique Filipe Jacinto Nyusi…
The Board of Directors of the African Development Bank has approved a $170 million loan to Nigeria to fund a digital and creative industries initiative. The Investment in Digital and Creative Enterprises Program (i-DICE) is a Nigerian government initiative that promotes investment in the digital and creative industries. It is part of Nigeria’s efforts to…
The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria. According to a statement, the research, which includes a feasibility study,…
Dr. Akinwumi A. Adesina, President of the African Development Bank Group, has been named Leadership Person of the Year by the Leadership Newspaper Group in Nigeria. “In appreciation of his immaculate public service record and extraordinary accomplishments in promoting the expansion and development of the African Development Bank Group,” the award was presented. “In the…