World Bank, EBRD and EIB formalise their partnership to strengthen assurance

On Friday 22 September 2023, the World Bank Group Internal Audit (GIA), the European Bank for Reconstruction and Development Department of Internal Audit (EBRD-IA) and the European Investment Bank Internal Audit Department (EIB-IA) signed memoranda of understanding to strengthen cooperation, particularly around information exchange, joint assurance activities and internal audit matters of mutual interest. GIA Vice President and Auditor General Anke D’Angelo, EBRD Chief Internal Auditor Fotoulla Charalambous, and EIB Director of Internal Audit Séverine Beroard signed the agreements at EBRD headquarters in London. GIA and EIB-IA previously signed a memorandum of understanding in March 2023. 

African Development Bank launches country-by-country reports on Africa's climate change, green growth financing needs ahead of COP28

Ahead of the 28th United Nations Conference on Climate Change (COP 28), the African Development Bank Group has launched country-by-country economic reports to guide African policymakers in their discussions at the global event.

African Development Bank-financed solar irrigation scheme improves farmers’ lives in Togo

Hounlessondji Kpadonou, a respected farmer in the village of Aglanvikopé, in the Bas-Mono region of southern Togo, has been tilling the soil with passion since he retired from his job as a welder. From a modest start in 2008, he now owns a vast farm that produces vegetables and maize.