Stephen Ashcroft Appointed the African Development Bank’s Director of Corporate Services and Procurement

The African Development Bank Group is pleased to announce the appointment of Mr. Stephen Ashcroft as Director, General Services and Procurement, with effect from 16 February 2022. Mr. Stephen Ashcroft, a British national, brings more than 25 years of progressively responsible managerial experience in procurement and related fields. He is joining the Bank after a career at AECOM, a Fortune 500 multinational infrastructure consultancy. His last role was as Commercial Director at NEOM, Saudi Arabia, the world’s largest construction program […]

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Huawei and UNESCO to Implement Project in Africa for Digital Education Systems

The three-year project will deliver online learning platforms for Ghana, Ethiopia, and Egypt At an online meeting on November 25, UNESCO and Huawei announced the launch of the implementations phase of the Technology-Enabled Open Schools for All (TeOSS) project in Ghana, Ethiopia, and Egypt. Aligned with UN SDG4, TeOSS will serve as a basis for powering the digital transformation of the education sector and support the three UNESCO member states in building resilient education systems that can withstand global disruptions […]

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Finance in Africa report: green, smart and inclusive finance

By Nina Fenton, Claudio Cali and Ricardo Santos The EIB, in partnership with Making Finance Work for Africa, surveyed 78 banks in sub-Saharan Africa in early 2021 to see how they are coping during the COVID-19 pandemic and to learn their views on climate risk, green finance and digital financial services. This work formed the basis of our new Finance in Africa report. The report also provides an in-depth analysis of the state of play in the microfinance, private equity […]

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African Development Bank highlights the need for strategic partnerships and innovative financing mechanisms…

… to promote quality education and skills development The African Development Bank joined the Global Partnership for Education and other multilateral development banks during the Global Education Summit: Financing GPE 2021-2025(link is external), to call for stronger strategic partnerships to build innovative financing mechanisms in support of quality education and skills development. The summit was co-hosted by the President of Kenya, Uhuru Kenyatta, and U.K. Prime Minister, Boris Johnson. The Bank’s Vice President of Agriculture, Human and Social Development, Dr. […]

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Tecnotree Wins Multi-million Dollar Deal to Accelerate MTN’s Digital Transformation Journey across Africa

Tecnotree, a global provider of business support systems for the telecom industry, today announced that MTN, the largest provider of mobile telecommunications services across Africa, has selected Tecnotree as a strategic partner for its digital transformation journey across MTN Benin, MTN eSwatini, MTN Zambia, MTN South Sudan and MTN Cote d’Ivoire. As part of the five-year collaboration with MTN, Tecnotree will deploy its Digital BSS Suite 5 to help accelerate the operator’s business growth, increase agility and boost operational efficiency. […]

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