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Mattei Plan & Global Gateway - Joint Summit with Africa - Rome

Rome Villa Doria Pamphiljl Summit Mattei Plan for Africa the Global Gateway in the photo Giorgia Meloni Ursula von der Leyen the President of the African Development Bank, Akinwumi Adesina Rome, Italy on June 20, 2025. Photo by Stefano Carofei/IPA/ABACAPRESS.COM

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Mattei Plan & Global Gateway - Joint Summit with Africa - Rome

Rome Villa Doria Pamphiljl Summit Mattei Plan for Africa the Global Gateway in the photo Giorgia Meloni Ursula von der Leyen the President of the African Development Bank, Akinwumi Adesina Rome, Italy on June 20, 2025. Photo by Stefano Carofei/IPA/ABACAPRESS.COM

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G7 Summit - Day 2 - Italy

US President Joe Biden speaks with Akinwumi Adesina, president of the African Development Bank, during the G7 Summit in Borgo Egnazia (Brindisi), Italy, June 14, 2024. US President Joe Biden speaks with Akinwumi Adesina, president of the African Development Bank, during the G7 Summit in Borgo Egnazia (Brindisi), Italy, June 14, 2024. Photo by VANNICELLI/GRILLOTTI/IPA/ABACAPRESS.COM

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G7 Summit - Day 2 - Italy

Akinwumi Adesina, president of the African Development Bank, is welcomed by Prime Minister Giorgia Meloni during the G7 Summit in Borgo Egnazia (Brindisi), Italy, 14 June 2024. Photo by VANNICELLI/GRILLOTTI /IPA/ABACAPRESS.COM

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Nigerian president urges for more strategic investments in Africa

STORY: Nigerian president urges for more strategic investments in Africa SHOOTING TIME: June 6, 2024 DATELINE: June 8, 2024 LENGTH: 00:01:14 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of members of the International Finance Corporation (IFC) meeting with President Bola Tinubu 2. various of meetings 3. various of group photograph STORYLINE: Nigerian President Bola Tinubu on Thursday called on international development financiers to see the African continent as a destination for growth and prosperity, urging more strategic investments in agriculture, infrastructure, research and development. Speaking at a meeting with a delegation of the International Finance Corporation (IFC), a member of the World Bank Group, led by its managing director Makhtar Diop in Abuja, Nigerian's capital, Tinubu emphasized that Africa has the potential for growth, peace, stability, and prosperity, noting "the world has to see us as a continent that can help the rest of the world, and not perceive us as backward, unstab

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua/ABACAPRESS.COM

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua/ABACAPRESS.COM

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on June 2, 2024 shows a street view near the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua/ABACAPRESS.COM

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua/ABACAPRESS.COM

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on June 2, 2024 shows a street view near the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua/ABACAPRESS.COM

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 (Xinhua) -- This photo taken on June 2, 2024 shows a street view near the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua)

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 (Xinhua) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua)

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 (Xinhua) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua)

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 (Xinhua) -- This photo taken on June 2, 2024 shows a street view near the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua)

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COTE D'IVOIRE-ABIDJAN-AFDB-STRATEGIC PLAN

(240603) -- ABIDJAN, June 3, 2024 (Xinhua) -- This photo taken on June 2, 2024 shows a view of the African Development Bank (AfDB), located in the center business district of Abidjan, the economic capital of Cote d'Ivoire. The AfDB on May 30 launched its 10-year strategic plan that outlines how the pan-African lender will support the continent to accelerate inclusive green growth and resilient economies. (Photo by Laurent Idibouo/Xinhua)

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African leaders urge global financial system reform to address debt, climate risks

STORY: African leaders urge global financial system reform to address debt, climate risks SHOOTING TIME: May 27, 2024 DATELINE: May 30, 2024 LENGTH: 00:03:28 LOCATION: Nairobi CATEGORY: POLITICS SHOTLIST: 1. various of establishments of the conference 2. various of African leaders at the conference 3. SOUNDBITE 1 (English): WILLIAM RUTO, Kenyan President 4. various of African Presidents at the conference 5. various of delegates 6. SOUNDBITE 2 (English): AKINWUMI ADESINA, President of African Development Bank STORYLINE: African leaders on Wednesday renewed calls for reforms to the global financial architecture, emphasizing the need for it to be more responsive to the continent's destabilizing debt and climate vulnerabilities. Meeting in Nairobi, Kenya, the leaders said there is a need for changes as African countries are struggling with high financing interest rates, climate shocks and constrained government revenues. SOUNDBITE 1 (English): WILLIAM RUTO, Kenyan President "A better, more responsive,

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Huawei awards prizes to winners of special needs hackathon in Kenya

STORY: Huawei awards prizes to winners of special needs hackathon in Kenya SHOOTING TIME: May 28, 2024 DATELINE: May 30, 2024 LENGTH: 0:00:51 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of the awarding ceremony STORYLINE: Chinese telecommunication firm Huawei on Tuesday presented a range of prizes, including trophies, certificates, and electronic gadgets, to winners of a special needs hackathon launched in Kenya in March. The winners, comprised of college students from the Huawei ICT academy, were recognized for developing outstanding solutions to improve the lives of people with disabilities. Senior government officials and Huawei executives attended the award ceremony, held on the sidelines of the annual meetings of the African Development Bank in Nairobi. Winnie Chepkonga, a public relations specialist at Huawei Kenya, said the Artificial Intelligence (AI) hackathon is important for encouraging students to innovate for the benefit of those with disabilities. Chepkonga said t

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Kenyan highway upgrade boosts business, enhances regional connectivity

STORY: Kenyan highway upgrade boosts business, enhances regional connectivity SHOOTING TIME: May 27, 2024 DATELINE: May 28, 2024 LENGTH: 00:01:24 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the Kenol-Sagana-Marua Highway 2. SOUNDBITE 1 (English): CLEOPHAS MAKAU, Deputy director of the Kenya National Highways Authority and the project's coordinator 3. SOUNDBITE 2 (English): RICHARD MALINGA, Principal transport engineer at the African Development Bank STORYLINE: A highway linking the Kenyan capital of Nairobi to the country's agriculturally-rich central region, has nearly completed its upgrade to a four-lane dual highway. Previously, the 84-km Kenol-Sagana-Marua Highway was a congested two-lane road that travelers often avoided. The road improvement project, which began in 2020, is being undertaken by two Chinese companies. SOUNDBITE 1 (English): CLEOPHAS MAKAU, Deputy director of the Kenya National Highways Authority and the project's coordinator "The contractor has delivered according

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Experts meet in Kenya to promote transboundary pest management in East Africa

STORY: Experts meet in Kenya to promote transboundary pest management in East Africa SHOOTING TIME: May 21, 2024 DATELINE: May 22, 2024 LENGTH: 00:01:44 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of the conference held in Nairobi 2. SOUNDBITE 1 (English): WORKNEH GEBEYEHU, IGAD Executive Secretary 3. SOUNDBITE 2 (English): JONATHAN MUEKE, Principal secretary in the Ministry of Agriculture and Livestock Development of Kenya STORYLINE: Experts began a three-day meeting in Nairobi, the capital of Kenya, on Wednesday to promote transboundary pest management in the East African region. The Inter-Governmental Authority on Development (IGAD) regional ministerial meeting on risk transfer and transboundary pest management brought together more than 100 stakeholders from IGAD member states, along with representatives from partner organizations such as the Food and Agriculture Organization of the United Nations (FAO) and the World Bank. The focus of the meeting is to foster collaboration in effectivel

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Summit on Clean Cooking in Africa at the Elysee - Paris

President of the African Development Bank Group, Akinwumi Adesina arrives for a meeting as part of the Summit on Clean Cooking in Africa at the Elysee Presidential Palace in Paris, France on May 14, 2024. Photo by Lionel Urman/ABACAPRESS.COM

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Summit on Clean Cooking in Africa at the Elysee - Paris

President of the African Development Bank Group, Akinwumi Adesina arrives for a meeting as part of the Summit on Clean Cooking in Africa at the Elysee Presidential Palace in Paris, France on May 14, 2024. Photo by Lionel Urman/ABACAPRESS.COM

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Summit on Clean Cooking at Elysee - Paris, France

President of the African Development Bank Akinwumi A. Adesina ahead of a meeting as part of the Summit on Clean Cooking in Africa at the Elysee Presidential Palace in Paris, France on May 14, 2024.Photo by Tomas Stevens/ABACAPRESS.COM

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Summit on Clean Cooking at Elysee - Paris, France

President of the African Development Bank Akinwumi A. Adesina ahead of a meeting as part of the Summit on Clean Cooking in Africa at the Elysee Presidential Palace in Paris, France on May 14, 2024.Photo by Tomas Stevens/ABACAPRESS.COM

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Summit on Clean Cooking at Elysee - Paris, France

President of the African Development Bank Akinwumi A. Adesina ahead of a meeting as part of the Summit on Clean Cooking in Africa at the Elysee Presidential Palace in Paris, France on May 14, 2024.Photo by Tomas Stevens/ABACAPRESS.COM

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ECOWAS aims to unlock citizens' potential through human capital development

STORY: ECOWAS aims to unlock citizens' potential through human capital development SHOOTING TIME: May 8, 2024 DATELINE: May 10, 2024 LENGTH: 0:02:16 LOCATION: Accra CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the 2024 ECOWAS Human Capital Development Technical Conference 2. SOUNDBITE 1 (English): DAMTIEN TCHINTCHIBIDJA, Vice president of the ECOWAS Commission 3. various of the 2024 ECOWAS Human Capital Development Technical Conference 4. SOUNDBITE 2 (English): ROBERT TALIERCIO, World Bank country director for Ghana, Liberia, and Sierra Leone STORYLINE: The Economic Community of West African States (ECOWAS) is implementing strategies to unlock human capital development, said Damtien Tchintchibidja, vice president of the ECOWAS Commission. At the 2024 ECOWAS Human Capital Development Technical Conference in the Ghanaian capital of Accra, Tchintchibidja remarked that West Africa needs to advance the potential of its youthful population to ensure a sustainable economic and social path forward. But

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1st Climate Change Global Business Summit on Africa concludes in Nairobi

STORY: 1st Climate Change Global Business Summit on Africa concludes in Nairobi SHOOTING TIME: March 19, 2024 DATELINE: March 21, 2024 LENGTH: 00:00:38 LOCATION: Nairobi CATEGORY: ECONOMY/ENVIRONMENT SHOTLIST: 1. various of the first Climate Change Global Business Summit on Africa 2. SOUNDBITE (English): ALCINDA PEREIRA, Chairperson of Africa Business Aviation Association STORYLINE: The first Climate Change Global Business Summit on Africa concluded on Wednesday in the Kenyan capital of Nairobi. The two-day meeting brought together more than 200 participants from the United Nations, the African Development Bank (AfDB), and senior government and private sector officials from across Africa to discuss ways to increase climate finance in Africa. Winnie Chepkemoi Mutai, the AfDB's climate finance specialist, said Africa receives climate finance amounting to about 250 billion U.S. dollars annually, which is about 10 percent of the figure required to combat climate change. "The continent needs to attract mo

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African bank, UNHCR commit to supporting forcibly displaced people in South Sudan

STORY: African bank, UNHCR commit to supporting forcibly displaced people in South Sudan SHOOTING TIME: Feb. 11, 2023 DATELINE: Feb. 12, 2023 LENGTH: 00:02:30 LOCATION: Juba CATEGORY: POLITICS SHOTLIST: 1. various of Marie-Laure Akin-Olugbade, Raouf Mazou and others at the reception center 2. SOUNDBITE 1 (English): RAOUF MAZOU, UNHCR's Assistant High Commissioner for Operations 3. various of Marie-Laure Akin-Olugbade, Raouf Mazou and others at the reception center 4. various of refugees 5. SOUNDBITE 2 (English): MARIE-LAURE AKIN-OLUGBADE, AfDB's Vice President for Regional Development, Integration, and Business Delivery 6. various of Marie-Laure Akin-Olugbade and Raouf Mazou meeting with local authorities 7. various of refugees STORYLINE: The African Development Bank (AfDB) and the United Nations High Commissioner for Refugees (UNHCR) have committed to deepening their collaboration for displaced people and host communities in South Sudan. The UNHCR's Assistant High Commissioner for Operations, Raouf Mazou

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TOGO-LOME-DAILY LIFE

(240119) -- LOME, Jan. 19, 2024 (Xinhua) -- This photo taken on Jan. 16, 2024 shows a view of West African Development Bank in Lome, Togo. Lome is situated in the southwest of Togo, overlooking the Atlantic Ocean and the Gulf of Guinea to the south. It serves as the nation's political, economic, and cultural epicenter, as well as a vital transportation hub. (Xinhua/Li Yahui)

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Egypt issues 3.5-bln-yuan sustainable panda bonds

STORY: Egypt issues 3.5-bln-yuan sustainable panda bonds DATELINE: Oct. 17, 2023 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Finance Ministry 2. various of the Central Bank of Egypt 3. various of Egyptian banknotes STORYLINE: Egypt issued on Monday sustainable panda bonds in the Chinese financial market in the amount of about 3.5 billion yuan (nearly 479 million U.S. dollars). In a statement, Egyptian Finance Minister Mohamed Maait said the issuance has a maturity of three years with a coupon rate of 3.5 percent. He explained that the issuance is backed by a credit guarantee provided by international development banks with high credit ratings, such as the Asian Infrastructure Investment Bank and the African Development Bank. Maait noted that Egypt is the first country in the Middle East and North Africa to issue sustainable panda bonds, adding that it succeeded in attracting many Chinese investors. The minister said the issuance serves as a new portal for achievin

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Tunisia holds int'l conference on financing investment, trade

STORY: Tunisia holds int'l conference on financing investment, trade DATELINE: Sept. 21, 2023 LENGTH: 00:01:20 LOCATION: Tunis CATEGORY: ECONOMY SHOTLIST: 1. various of International Conference on Financing Investment and Trade in Africa STORYLINE: The 6th International Conference on Financing Investment and Trade in Africa (FITA) kicked off Wednesday in Tunis. Tunisian Finance Minister Sihem Boughdiri said at the inauguration ceremony on Wednesday that "African populations have the right today to a unified continent that is sufficiently complementary to hope to guarantee sustainable growth." Addressing around 1,000 Tunisian and African business leaders, the minister assured that her country "has always ensured that it supports its economic and political relations with African countries." According to the minister, the development of cooperation with African financial institutions, including the African Development Bank and the African Export-Import Bank, will be a most beneficial measure to guarantee a

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African experts call for investments in decentralized energy systems to spur green growth

STORY: African experts call for investments in decentralized energy systems to spur green growth DATELINE: Sept. 10, 2023 LENGTH: 00:02:17 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the climate change week conference 2. SOUNDBITE 1 (English): OLUFUNSO SOMORIN, Regional principal officer of climate change and green growth at the African Development Bank (AfDB) 3. various of the climate change week conference 4. SOUNDBITE 2 (English): DAN KITHINJI MARANGU, Director of renewable energy in Kenya's Ministry of Energy and Petroleum 5. various of scientists at the climate change week conference STORYLINE: African countries should invest in decentralized energy systems like mini-hydropower and solar plants to ensure off-grid communities have access to low-carbon electricity for lighting and cooking, experts said Thursday during the Africa Climate Week held in Nairobi, the Kenyan capital. Targeted investments in small-scale renewable energy projects will help electrify Africa's marginalized com

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SOUTH AFRICA-JOHANNESBURG-XI JINPING-BRICS-AFRICA OUTREACH AND BRICS PLUS DIALOGUE

(230824) -- JOHANNESBURG, Aug. 24, 2023 (Xinhua) -- Chinese President Xi Jinping poses for a group photo with other leaders attending the BRICS-Africa Outreach and BRICS Plus Dialogue in Johannesburg, South Africa, Aug. 24, 2023. The event was hosted by South African President Cyril Ramaphosa, and also attended by Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi. Russian President Vladimir Putin participated online. More than 60 leaders and representatives of African countries and other emerging markets and developing countries, as well as UN Secretary-General Antonio Guterres, President of the New Development Bank Dilma Rousseff, and leaders of other international and regional organizations, also attended the event. (Xinhua/Li Xueren)

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AfDB commits to support climate-resilient farming in Africa

STORY: AfDB commits to support climate-resilient farming in Africa DATELINE: Feb. 1, 2023 LENGTH: 00:02:34 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the University of Nairobi 2. various of the conference 3. SOUNDBITE 1 (English): PASCAL SANGINGA, Regional Sector Manager for Agriculture and Agro-Industries at AfDB 4. various of the conference 5. SOUNDBITE 2 (English): PASCAL SANGINGA, Regional Sector Manager for Agriculture and Agro-Industries at AfDB STORYLINE: The African Development Bank (AfDB) will dedicate greater resources to promote climate-smart agriculture in the continent, tackle food insecurity and boost rural incomes, a senior official said Tuesday. Pascal Sanginga, the regional sector manager for Agriculture and Agro-Industries at AfDB, said the lender has earmarked additional funding to ensure African smallholder farmers have access to skills, technology and inputs required to withstand climatic stresses. SOUNDBITE 1 (English): PASCAL SANGINGA, Regional Sector Manager for A

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BRICS nations agree to create own development bank

FORTALEZA, Brazil - (from L to R) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma pose for a group photo during the BRICS summit in Fortaleza, Brazil, on July 15, 2014. They agreed to create their own development bank, the New Development Bank, worth 100 billion dollars.

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China, Russia, 3 other nations agree on setting up development bank

FORTALEZA, Brazil - Leaders of five emerging economies -- (from L) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma -- pose for ceremonial photos at a meeting in Fortaleza, Brazil, on July 15, 2014. The five countries, known as BRICS, agreed on the establishment of a bank to support infrastructure development in developing countries.

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China, Russia, 3 other nations agree on setting up development bank

FORTALEZA, Brazil - Leaders of five emerging economies -- (from L) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma -- pose for ceremonial photos at a meeting in Fortaleza, Brazil, on July 15, 2014. The five countries, known as BRICS, agreed on the establishment of a bank to support infrastructure development in developing countries.

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World Bank head Kim in Japan

TOKYO, Japan - World Bank President Jim Yong Kim (R) shakes hands with Japanese Finance Minister Taro Aso at the Finance Ministry in Tokyo on June 3, 2013, during his visit to Japan to participate in the fifth Tokyo International Conference on African Development.

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African development conference in Japan

YOKOHAMA, Japan - World Bank chief Jim Yong Kim (R) and Japanese Prime Minister Shinzo Abe shake hands before their talks in Yokohama near Tokyo on June 2, 2013. They met on the sidelines of the Tokyo International Conference on African Development. (Pool photo)

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African development conference in Japan

YOKOHAMA, Japan - (from L) Japanese singer Misia, World Bank chief Jim Yong Kim, Japanese Prime Minister Shinzo Abe, Ethiopian Prime Minister Hailemariam Desalegn and U.N. Development Program chief Helen Clark take part in a reception at a hotel in Yokohama near Tokyo on May 31, 2013, a day before the three-day Tokyo International Conference on African Development begins. (Pool photo)

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African Development Bank opens Asian office in Tokyo

TOKYO, Japan - Donald Kaberuka, president of the African Development Bank, holds a press conference in Tokyo on Oct. 15, 2012, the day the bank opened an office in Tokyo, its first outside Africa.

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African Development Bank chief calls for investment from Japan

TOKYO, Japan - Visiting African Development Bank President Donald Kaberuka speaks during a news conference at Tokyo's Foreign Correspondents Club of Japan on April 5, 2010. Kaberuka called on Japan's private-sector companies to expand investment in African countries, saying that economic ties between Asia and Africa have been strengthening every year.

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U.N., World Bank call for more funds for food crisis in Africa

YOKOHAMA, Japan - World Bank President Robert Zoellick speaks to reporters during a press conference at the 4th Tokyo International Conference on African Development in Yokohama on May 29.

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World Bank vice president calls for win-win Africa-Japan ties

YOKOHAMA, Japan - World Bank Vice President Obiageli Ezekwesili speaks during an interview with Kyodo News in Yokohama on May 29 on the sidelines of the Tokyo International Forum on African Development.

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TICAD: World Bank chief Zoellick address TICAD meeting

YOKOHAMA, Japan - World Bank President Robert B. Zoellick addresses the 4th Tokyo International Conference on African Development held in Yokohama on March 28. (Pool photo by Kyodo News)

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TICAD: Prime Minister Fukuda delivers key-note speech

YOKOHAMA, Japan - Japan's Prime Minister Yasuo Fukuda delivers a keynote speech at the Tokyo International Conference on African Development held in Yokohama on May 28. To his right is World Bank President Robert B. Zoellick. (Pool photo by Kyodo News)

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Egypt seeks international support to deal with food shortage caused by Ukraine crisis

STORY: Egypt seeks international support to deal with food shortage caused by Ukraine crisis DATELINE: July 21, 2022 LENGTH: 0:01:04 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of factories, shopping malls and markets in Egypt STORYLINE: Egypt's minister of international cooperation Rania Al-Mashat said Wednesday that Egypt is discussing a contractual framework for wheat tenders with a World Bank delegation. It is the country's effort to deal with the repercussions of the Russian-Ukrainian crisis. During the discussion, Al-Mashat reviewed the amount of funding directed to the purchase of wheat, the completion of the system for building and modernizing silos, and achieving sustainability for the food system. She also touched on the program of supporting the state's general budget towards economic resilience and food security requirements in cooperation with the African Development Bank. A few days ago, the Board of Directors of the African Development Bank has approved a loan of 271 million U

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Chinese proposals inject new impetus into BRICS: expert

STORY: Chinese proposals inject new impetus into BRICS: expert DATELINE: June 24, 2022 LENGTH: 00:01:40 LOCATION: Moscow CATEGORY: POLITICS SHOTLIST: SOUNDBITE (Russian): ALEXEY MASLOV, Head of the Institute of Asian and African Studies, Moscow State University STORYLINE: The 14th BRICS Summit is held this week in virtual format under the theme of "Foster High-quality BRICS Partnership, Usher in a New Era for Global Development" under China's chairmanship. In a recent interview, Alexey Maslov, an expert from Moscow State University, said that China is trying to give new impetus to the BRICS by putting forward Chinese proposals that aim at stabilizing the world situation. SOUNDBITE (Russian): ALEXEY MASLOV, Head of the Institute of Asian and African Studies, Moscow State University "Today, the political and economic situation has noticeably changed. And China is trying to give new impetus to the BRICS. For example, we have the New Development Bank, which issues infrastructure loans. BRICS can promote a nu

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Ghanaian president launches development bank to boost economic transformation

STORY: Ghanaian president launches development bank to boost economic transformation DATELINE: June 17, 2022 LENGTH: 00:02:45 LOCATION: Accra CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Ghanaian President Nana Addo Dankwa Akufo-Addo and officials 2. various shots of Tema port (file) 3. various of Ghanaian President Nana Addo Dankwa Akufo-Addo and participants 4. SOUNDBITE 1 (English): NANA ADDO DANKWA AKUFO-ADDO, Ghanaian President 5. various of Tema port (file) 6. various of the project (file) 7. various of participants 8. SOUNDBITE 2 (English): ERNEST ADDISON, Governor of the Bank of Ghana STORYLINE: Ghanaian President Nana Addo Dankwa Akufo-Addo launched a development bank on Tuesday in an effort to boost the country's economic transformation. The Development Bank Ghana (DBG), with a seed capital of 750 million U.S. dollars from the World Bank, African Development Bank, the government of Germany, the European Investment Bank, and the government of Ghana, is set to become the key financier of the

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BRICS should re-engineer world to maximize prosperity shared across civilizations: expert

STORY: BRICS should re-engineer world to maximize prosperity shared across civilizations: expert DATELINE: June 14, 2022 LENGTH: 00:01:03 LOCATION: Nairobi CATEGORY: POLITICS SHOTLIST: 1. various of the New Development Bank (NDB), or BRICS bank 2. SOUNDBITE (English): PETER KAGWANJA, CEO, Africa Policy Institute STORYLINE: Peter Kagwanja, CEO of Africa Policy Institute, a pan-African think tank has said that the BRICS should be an organization that re-engineers the world to maximize on prosperity that is shared across civilizations. SOUNDBITE (English): PETER KAGWANJA, CEO, Africa Policy Institute "It (BRICS) must be an organization that fulfills the needs of humanity that contribute to creating an equitable, prosperous world order. The BRICS must re-engineer the world in order to get greater peace, to maximize on prosperity that is shared across civilizations and also to ensure that the future is that of a shared destiny for mankind. It should not be business as usual. There must be some movement that tr

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AfDB hails China as key partner in continent's infrastructure development

STORY: AfDB hails China as key partner in continent's infrastructure development DATELINE: June 5, 2022 LENGTH: 0:02:28 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of press conference 2. SOUNDBITE 1 (English): AKINWUMI ADESINA, President of the African Development Bank 3. various of the road under construction 4. SOUNDBITE 2 (English): AKINWUMI ADESINA, President of the African Development Bank 5. various of the road under construction STORYLINE: An African Development Bank official has hailed China's partnership and role in the continent's quest for infrastructural development. Akinwumi Adesina, President of the African Development Bank (AfDB) told journalists in Nairobi, capital of Kenya, that China has implemented several infrastructure projects including construction of power dams, roads, expansion of airports, railways and development of industrial parks. He said the bank was happy to work closely with China through the Africa Growing Together Fund (AGTF), in funding and implementing mu