African Development Bank Approves Modern Headquarters in Côte d’Ivoire

Summary:

• The African Development Bank has approved plans to build a modern, eco-friendly headquarters in Abidjan. The facility will enhance staff well-being, productivity, and align with green growth goals. President Dr. Akinwumi Adesina called it a historic step, solidifying the Bank’s presence in Côte d’Ivoire with strong government support.

The African Development Bank (AfDB) has secured approval from its Boards of Directors to construct a cutting-edge headquarters in Côte d’Ivoire’s commercial hub, Abidjan.

The unanimous decision underscores the Bank’s commitment to maintaining a robust presence in Abidjan and providing a conducive work environment for its staff.

Dr. Akinwumi Adesina, President of the African Development Bank Group, hailed the move as a milestone for the institution, Côte d’Ivoire, and the continent. “This decision is historic for our staff, the Bank, and Africa. It affirms that the African Development Bank, as the premier financial institution on the continent, deserves a headquarters that reflects its global stature,” he said.

Dr. Adesina highlighted that the vision for this project began when he assumed office in 2015. He emphasized the building’s role in enhancing productivity, operational efficiency, and creating a world-class workplace.

The new facility, set to rise on the site of the current headquarters, will feature eco-friendly architectural innovations, advanced security systems, and enhanced amenities. It aims to support the Bank’s commitment to green growth, energy efficiency, and safety while strengthening connections with stakeholders.

Adama Koné, Dean of the Bank Group’s Boards of Directors and Côte d’Ivoire’s representative, presented the approved land title for the site to Dr. Adesina on behalf of the government.

Dr. Adesina expressed gratitude to President Alassane Ouattara and the Ivorian government for their unwavering support. “Today’s decision reaffirms our permanent home in Côte d’Ivoire. We are excited to embark on this landmark project with the government’s continued backing,” he remarked.

This development marks a new chapter in the AfDB’s legacy in Abidjan, positioning the institution to better serve Africa’s development needs.