The African Development Bank appoints Ms Yacine Fal as Acting Vice President, Regional Development, Integration and Business Delivery

The African Development Bank Group is pleased to announce the appointment of Ms. Yacine FAL, currently Director General, Cabinet Office of the President, as the Acting Vice President, Regional Development, Integration and Business Delivery of the African Development Bank Group. Her appointment is effective from 17 December, 2021. In her current position as Director General, Ms. Fal oversees the administrative and operational work and activities of the Cabinet Office of the President. This includes providing oversight of all units and […]

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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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Senegal Commits to African Energy Week 2021

photo Senegal7

Confirmed attendance by the Ministry of Petroleum and Energy, Petrosen and COS-Petrogaz reaffirm regional cooperation and partnerships A strong delegation of industry leaders from Senegal have committed to the African Energy Chamber’s (AEC) (www.EnergyChamber.org) first-ever African Energy Week (AEW) 2021, to be held in Cape Town on the 9th-12th November 2021. With official attendance confirmations made by H.E. Aissatou Sophie Gladima, Minister of Petroleum and Energy, Senegal’s national oil company, Petrosen, and the strategic organizational committee COS-Petrogaz, AEW 2021 is […]

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EU – Talent Partnerships

TALENT PARTNERSHIPS – EU Commission launches new initiative to address EU skills shortages and improve migration cooperation with partner countries Today, the Commission is launching Talent Partnerships, a key initiative under the New Pact on Migration and Asylum that will help to address skills shortages in the European Union and to strengthen mutually-beneficial partnerships on migration with third countries. Matching the skills of workers from countries outside the EU with the labour market needs inside the EU, Talent Partnerships should […]

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African Development Bank invites business enablers to apply for funding to support women entrepreneurs

This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding for innovative projects or programs to bolster the skills of small and medium enterprises (SMEs) owned and run by women across Africa, the Bank announced. Entrepreneurship enablers, which include business associations and civil society organizations, play an important role in empowering […]

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Energy Capital & Power, Kanflooens Partnership to Strengthen U.S. – Africa Energy Investment Opportunities

The partnership will help facilitate deals in the African and U.S. energy sectors, promoting investment and engagement U.S consulting firm Kanflooens is a strategic partner of Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) for the highly anticipated U.S. Africa Energy Forum (USAEF); With the first-ever USAEF event taking place both virtually and in-person in Washington D.C. on 12 July and in Houston for the main summit and gala dinner on 4-5 October 2021, the partnership will help facilitate deals in the […]

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One month until Extreme E’s Ocean X Prix in Senegal

Today marks one month until Extreme E’s second event – the Ocean X Prix – which will take place at Lac Rose in Dakar, Senegal on 29-30 May. Extreme E marks the return of off-road racing to one of its original roots, famous for the gruelling Paris-Dakar Rally which debuted in 1978 but which hasn’t finished in the Senegalese capital since 2007. Alejandro Agag, CEO and Founder of Extreme E, said: “So here we are, just one month until our […]

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