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COP26: ‘Let’s do it!’ African Development Bank President Adesina urges partners to support the Desert to Power Initiative
12-Nov-2021 - African Development Bank President Akinwumi A. Adesina used the global stage of COP26 to rally support for the flagship Desert to Power project, which aims to provide solar electricity to 250 million people across 11 Sahel countries. The project recently received $150 million in concessional resources from the Green Climate Fund and a $20 million grant from Sweden.African Financial Alliance on Climate Change (AFAC) launches report on the state of climate risk regulation in Africa’s financial industry at COP26
12-Nov-2021 - Getting Africa’s financial sector ready to cope with climate risk is vital for a smooth transition to net-zero emissions and resilience, according to a new report published by three global institutions. The report was launched on Wednesday, 10 November, by the African Financial Alliance on Climate Change (AFAC) at the COP26 climate conference.COP 26: Low-income countries in fragile situations falling further behind in climate funding, urgent action needed to reverse this trend, African Development Bank and ICRC say at climate conference
12-Nov-2021 - Countries hit by conflict cannot continue to be overlooked by climate action and finance, the International Committee of the Red Cross (ICRC) and the African Development Bank have warned. At a high-level event on the sidelines of COP26 on Thursday, governments and partners from development, civil society and humanitarian fields joined the African Development Bank and ICRC to call for greater recognition of the increased vulnerability faced by communities affected by conflict.African Development Bank and Agence Française de Développement sign €2 billion co-financing partnership agreement for Africa
11-Nov-2021 - The African Development Bank Group and the Agence Française de Développement on Wednesday signed a co-financing and partnership agreement to strengthen their relationship and leverage additional resources for impactful projects in Africa. African Development Bank President Dr Akinwumi A. Adesina and Agence Française de Développement CEO Rémy Rioux signed the agreement in Paris on behalf of their two institutions.Zimbabwe: African Development Fund extends $3.5 million grant to bolster livelihoods of women and youth
11-Nov-2021 - The Board of Directors of the African Development Bank Group has approved a $3.5 million grant to Zimbabwe to create jobs and boost livelihoods for youth and women in artisanal mining, horticulture and dairy value chains. The funding, to be drawn from the African Development Fund, the Bank Group’s concessional window, will go to the Sustainable Enterprise Development for Women and Youth Project.
COP 26: African Development Bank Group launches Climate Change and Green Growth framework
11-Nov-2021 - The African Development Bank Group has launched its Climate Change and Green Growth Framework at the COP26 climate conference in Glasgow, Scotland. The framework is the first of its kind by any multilateral development bank.COP26: Africa must finance its adaptation, $100 billion commitment or not, experts say
11-Nov-2021 - Africa must have a comprehensive approach to climate resilience beyond adaptation financing, regardless of foreign contributions, experts said during a session titled “Adaptation Financing for Nationally Determined Contributions (NDCs)”. The session, held on Monday on the sidelines of COP26 in Glasgow, was dedicated to the implementation of NDCs in East Africa. The African Development Bank, German political think-tank Konrad Adenauer Stiftung and the United Nations Economic Commission for Africa (UNECA) jointly convened the event.
COP26: “Mission 1 for 200”, a financing facility for food and nutrition in Africa, will give African farmers support to adapt to climate change
10-Nov-2021 - A financing facility for food and nutrition in Africa that has the backing of African governments will be a game changer for mobilising finances and technology for African smallholder farmers who bear the brunt of climate change-induced negative impacts.
COP26: African Development Bank welcomes nearly $136 million in donor support for Sustainable Energy Fund for Africa
10-Nov-2021 - The African Development Bank has welcomed $136 million in additional donor commitments for the Sustainable Energy Fund for Africa (SEFA). The announcements were made on Monday, during an event at the COP26 conference featuring government ministers and a panel of leaders in renewable energy. The event was an occasion for SEFA donors to reaffirm their support for the Fund’s institutional priorities. SEFA is a multi-donor trust fund managed by the African Development Bank.African Development Bank’s Africa Disaster Risk Financing Program receives $2.5 million pledge from United States
10-Nov-2021 - The United States Agency for International Development and the U.S. State Department pledged financial support to African Development Bank’s Africa Disaster Risk Financing Program, at a COP26 side event promoting disaster and climate risk financing in Africa. The Africa Disaster Risk Financing Program, in collaboration with African Risk Capacity Group, promotes disaster response mechanisms, whereas the Bank supports its regional member countries to cover their insurance premiums and plan for climate disasters.
Sharing innovations and good practices in resilience in the Sahel
09-Nov-2021 - What: Forum for sharing resilience innovations and good practices in the Sahel Who? The African Development Bank, the Sahel Alliance, the Permanent Interstates Committee for Drought Control in the Sahel, the UN Convention to Combat Desertification, the UN Integrated Strategy for the Sahel and the World Food Programme When: 29-30 November 2021; 08:30 - 17:00 GMT Where: Virtual
Ghana and the African Development Bank Group sign MOU to host 2022 Annual Meetings next May
09-Nov-2021 - Ghana is set to host the African Development Bank Group’s next Annual Meetings in May 2022, following the signing of a Memorandum of Understanding between the two parties on Monday.COP26: East Africa takes center stage among global experts at climate conference
08-Nov-2021 - What: Panel discussion on implementing national adaptation financing frameworks for NDC implementation in East Africa Where: Glasgow, and virtual When: 8 November 2021, 13.00-14.30 GMT Livestream on https://live-streaming.pl/africa-cop26
COP26: The Africa NDC Hub launches a flagship report on Africa’s NDCs journey and the imperative for climate finance innovation
08-Nov-2021 - The African Development Bank and partner institutions of the Africa NDC Hub have published a flagship report on the status of Nationally Determined Contributions (NDCs) in Africa and the imperative for climate finance innovation.COP26 : les dirigeants africains invités à intégrer les solutions basées sur la nature dans les plans de lutte contre le changement climatique
08-Nov-2021 - En marge de la 26ème Conférence des Nations unies sur le changement climatique, la Banque africaine de développement (BAD) et le Fonds mondial pour la nature (WWF) ont annoncé, le 4 novembre, la publication prochaine d’un rapport sur les solutions basées sur la nature et l’adaptation au changement climatique. Les deux institutions ont appelé les dirigeants africains à intégrer les solutions basées sur la nature dans les plans de lutte contre le changement climatique.North Africa Economic Outlook 2021: Growth expected to recover to pre-pandemic levels on rebound in oil, vaccines and trade
05-Nov-2021 - Real gross domestic product growth in North Africa was largely negative in 2020, at -1.1% with a -5.1 percentage point drop over 2019, the African Development Bank’s 2021 edition of the North Africa Economic Outlook reports.
African youth-led businesses win $1 million in Climate Adaptation challenge at COP26
05-Nov-2021 - Ten young businesswomen and men in Africa have won $100,000 each in this year’s YouthADAPT competition jointly run by the African Development Bank and the Global Center on Adaptation. The winners were announced on Friday 5 November at the Africa Pavilion in Glasgow, the Scottish city that is hosting the COP26 UN Climate Conference. Out of the winners, the majority are businesses run by young women in various parts of the continent.African Development Bank, AUC, and UNECA pledge more resources to improve land governance in Africa
05-Nov-2021 - The African Development Bank, the African Union Commission (AUC), and the United Nations Economic Commission for Africa (UNECA) on Thursday pledged to work more closely with governments to beef up land governance systems.
Niger : de nombreux projets de la Banque africaine de développement contribuent à améliorer les conditions de vie de millions de personnes entre 2009 et 2020 (rapport)
04-Nov-2021 - En finançant de nombreux projets transformateurs au Niger entre 2009 et 2020, la Banque africaine de développement a contribué à l’amélioration des conditions de vie et de travail de millions de personnes, note la Revue synthétique des résultats du pays, publiée mardi 2 novembre par la Banque.