All News

Displaying 41 - 60 of 11023

Senegal: the African Development Bank donates $20 million to strengthen food security and increase incomes of small producers

06-Mar-2024 - The Board of Directors of the African Development Bank Group granted a donation of $20 million to Senegal, in Abidjan on Tuesday 5 March 2024, to implement the Post-Covid Food and Nutrition Security Enhancement Project (PRESAN-PC), designed to increase the agricultural production and incomes of vulnerable women and young people over the long term.

African Development Bank Group 2024 Annual Meetings: Free Uplink Satellite Signal

05-Mar-2024 - What:    Expression of interest: Free uplink satellite signal for opening and closing ceremonies of African Development Bank Group’s 2024 Annual Meetings Who:     Interested Broadcasters When:   no later than 15 March 2024 Where:  virtual (via email)

Bootcamp for African women entrepreneurs

05-Mar-2024 - What:   Launch of bootcamp for African women entrepreneurs Who:    Gender, Women and Civil Society Department, African Development Bank When:   Friday, 8 March 2024; 10-11:30 am UTC Where:  Virtual. Register here

YouthADAPT: Webinar on the role of youth in local adaptation and resilience building

04-Mar-2024 - WHAT: YouthADAPT: Webinar on the role of youth in local adaptation and resilience building WHO: African Development Bank and the Global Center on Adaptation

Rwanda: the African Development Fund commits $12 million to the rapid operationalization of the African Pharmaceutical Technology Foundation (APTF)

04-Mar-2024 - The Board of Directors of the African Development Fund approved, in Abidjan on 27 February 2024, $11.96 million Grant to speed up the establishment of the African Pharmaceutical Technology Foundation, headquartered in Kigali, Rwanda. The financial support from the African Development Bank Group’s Regional Public Good window, together with a contribution of $1.93 million from the Rwandan government, is intended to implement the Regional Pharmaceutical Sector Support Project in Rwanda.

Democratic Republic of Congo: African Development Bank to lend $117 million to support agricultural transformation

04-Mar-2024 - Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group approved a loan of $117.9 million to the Democratic Republic of Congo to implement the Project to Support Governance and Skills Development in support of the Agriculture Transformation Programme (PTA). The financial support comes from the African Development Fund, the Bank Group's concessional lending window, and includes $78.6 million from the Transition Support Facility – a financing instrument of the Bank aimed at countries in fragile and...

13th Meeting of the Africa Fertilizer Financing Mechanism Governing Council

01-Mar-2024 - What: 13th Meeting of the Governing Council Who: The Africa Fertilizer Financing Mechanism When: 8 March 2024, 10:00 am to 1:30 pm GMT Where: Virtual via Zoom (This is a closed meeting)

United Nations Environment Assembly: The African Development Bank urges action to promote inclusive production and consumption within planetary limits

01-Mar-2024 - At the sixth United Nations Environment Assembly (UNEA6), the African Development Bank has called for African countries to take urgent, concrete measures to adopt circular economy practices and boost efficient resource use for sustainable production and consumption.

Africa defies odds to become the world’s second fastest growing region, African Development Bank’s Adesina tells ambassadors in Abidjan

01-Mar-2024 - Africa’s economies continue to grow faster than the global average of 3% demonstrating resilience against several challenges including climate change, geopolitical tensions, rising inflation, food insecurity and rising debt. The President of the African Development Bank Group, Dr Akinwumi Adesina said, “It is forecasted that Africa will account for 11 out of the 20 fastest-growing economies in the world in 2024,” adding, “15 African countries have posted output expansions of more than 5%.

Mali: Partners and key players commit to developing renewables sector at opening of 3rd Renewable Energies Week

01-Mar-2024 - On Thursday 29 February 2024, the Malian Minister of Young People and Sports, Civic Education and Citizenship, Abdoul Kassim Fomba presided – in the name of the Prime Minister of Mali, Choguel Kokalla Maïga – the opening of the 3rd Renewable Energies Week. He renewed the commitment made by the authorities and key sector players to further the development of renewable energies in the country, located in the Sahel region of West Africa.

Bill & Melinda Gates Foundation commits $6 million to the African Water Facility for Africa Urban Sanitation Investment Initiative

01-Mar-2024 - The Bill & Melinda Gates Foundation has committed $6 million to the African Water Facility, to support the operationalization of the Africa Urban Sanitation Investment Initiative (AUSII) – a new financing window dedicated to improving sanitation in African urban cities. The African Water Facility, a special project preparation fund established as an initiative of the African Ministers Council on Water (AMCOW), is hosted and managed by the African Development Bank.

Ethiopia: African Development Fund grants $46 million to improve access to water and sanitation for pastoral communities in the Borana region

29-Feb-2024 - The Board of Directors of the African Development Fund in Abidjan on 28 February 2024, donated $46.02 million to Ethiopia to implement Phase 2 of the Borana Resilient Water Development for Improved Livelihoods Program in the country’s south. Financial support from the African Development Bank Group’s concessional rate loans window is intended to improve access to integrated, sustainable, climate-smart, gender-sensitive water supply and sanitation services for pastoral communities in the arid lands of the Borana area, in the Oromia region.

24 global development organizations to watch in 2024

28-Feb-2024 - Original story: https://www.devex.com/news/24-global-development-organizations-to-watch-in-2024-107117   As 2024 gets underway, Devex is publishing a list of organizations we’ll be watching throughout the year. Some are established global development institutions going through upheavals, others are newer groups hitting their stride, and still others are undergoing strategic shifts. All promise to feature in our reporting.

African Development Bank approves $150 million Regional Trade Finance Unfunded Risk Participation Agreement facility for Eastern and Southern African Trade & Development Bank (TDB)

28-Feb-2024 - The Board of Directors of the African Development Bank Group has approved a $150 million Trade Finance Unfunded Risk Participation Agreement facility between the African Development Bank and Trade & Development Bank (TDB). The agreement is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade finance gap in Africa, in line with the aspirations of the African Continental Free Trade Area (AfCFTA).

North Africa Digital Climate Advisory Services (DCAS) Training to Support Climate Resilience for Smallholder Agriculture

27-Feb-2024 - What:      North Africa Digital Climate Advisory Services (DCAS) Training to Support Climate Resilience for Smallholder Agriculture Who:      African Development Bank, International Fund for Agricultural Development and the Global Center on Adaptation When:    9:00- 15:30 GMT+2; 4-5 March 2024 Where:  Online and in-person, Safir Hotel, Messiah Square, Giza in Cairo, Egypt. Register here

In unprecedented visit, Japanese Vice Finance Minister Kanda applauds the leadership of the President of the African Development Bank and affirms the strategic importance of the Bank

23-Feb-2024 - Masato Kanda, Japan’s Vice Minister of Finance for International Affairs, visited the African Development Bank headquarters on Thursday, the first such visit, signifying his country’s commitment to partnering to drive development across Africa.

Catalyzing Digital Innovation: African Development Bank commits $80 million to Ekiti Knowledge Zone Project in Nigeria

22-Feb-2024 - In the heart of Nigeria’s Ekiti State, a groundbreaking initiative is taking shape – the Ekiti Knowledge Zone (EKZ), a bold step to transform the region into a hub for digital innovation and knowledge economy. The African Development Bank has committed $80 million in loan financing for this state-led pioneering special economic zone project, designed to foster linkages between educators, researchers, innovators, entrepreneurs, and industries, all within one location.

DR Congo: African Development Bank grants $7 million trade finance guarantee facility to Access Bank DR Congo to support SMEs and local businesses

22-Feb-2024 - On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo.

Digital Climate Advisory Services Training to Support Climate Resilience for Smallholder Agriculture in Central Africa

21-Feb-2024 - What:      Digital Climate Advisory Services Training to Support Climate Resilience for Smallholder Agriculture in Central Africa Who:      African Development Bank, the Global Center on Adaptation, and FOKABS When:    8:00 – 16:30 (GMT+1), 25-26 April 2024 Where:  Online and in-person at Prince de Galles Hotel, Douala, Cameroon. Register here.  

SADC Business Council to Host Major Investment Forum Focused on Angola and Regional Growth

21-Feb-2024 - The SADC Business Council will host the Southern African Industrialisation Forum from 26-27 February 2024 at Sandton Hotel, in Johannesburg, South Africa. The prestigious two-day event will convene top government and business leaders to shape industrial priorities and investment opportunities focused largely on Angola with the theme focus, Human and Financial Capital: The Key Drivers for Sustainable Industrialisation in the SADC Region.