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Rwanda’s women in tech: Leading the digital revolution

16-Aug-2019 - 16-Aug-2019 - When she was a little girl, Jeanne Yamfashije wanted to be a doctor. Her goal was to make her parents proud and serve her people. The 29-year-old IT specialist did not become a doctor but she has certainly fulfilled her other wishes. For the past five years, Yamfashije has been working with a project that promotes science, technology, engineering and maths (STEM) among girls in Rwanda. The group, called Girls in ICT Rwanda, offers mentorships, boot camps and a competition to encourage innovation among students. The...

São Tomé and Príncipe fifth country to sign Lusophone country-specific compact to accelerate inclusive private sector led growth

16-Aug-2019 - 16-Aug-2019 - São Tomé, São Tomé and Príncipe, 16 August 2019 – São Tomé and Principe signed, on Thursday, a country-specific memorandum of understanding for the implementation of the Lusophone Compact aimed at accelerating inclusive, sustainable, and diversified private sector growth. São Tomé is the fifth nation to ink the agreement, after Mozambique, Cabo Verde, Angola, Guinea-Bissau.  The agreement was signed by Hon. Osvaldo Vaz,  São Toméan Minister of Planning, Finance and Blue Economy, African Development Bank ...

São Tomé and Príncipe fifth country to sign Lusophone country-specific compact to accelerate inclusive private sector led growth

16-Aug-2019 - 16-Aug-2019 - São Tomé, São Tomé and Príncipe, 16 August 2019 – São Tomé and Principe signed, on Thursday, a country-specific memorandum of understanding for the implementation of the Lusophone Compact aimed at accelerating inclusive, sustainable, and diversified private sector growth. São Tomé is the fifth nation to ink the agreement, after Mozambique, Cabo Verde, Angola, Guinea-Bissau.  The agreement was signed by Hon. Osvaldo Vaz,  São Toméan Minister of Planning, Finance and Blue Economy, African Development Bank ...

African Development Bank welcomes $20 million investment from the Clean Technology Fund for the Facility for Energy Inclusion

14-Aug-2019 - 14-Aug-2019 - The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF)  on August 8, 2019 approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to  provide sustainable financing for small-scale renewables in Africa. FEI is a $500 million financing platform whose objective is to catalyze financial support for innovative energy access solutions.  FEI On-grid, a targeted USD 400 million fund, supports improved...

Mali: In Baguinéda, women and small farmers see rice yields soar with help from the African Development Bank

13-Aug-2019 - 13-Aug-2019 - In Baguinéda, in eastern Mali's Koulikoro region, the lowlands on the banks of the river Niger stretch as far as the eye can see. Between two irrigated rice-growing areas, a group of women, together with their young children, are at work pulling weeds. Dramane Diallo, 54, works alongside them. Thanks to the the Koulikoro Region Food And Nutrition Security Enhancement Project of Mali (PReSAN-KL),funded by the African Development Bank, rice and cereal harvests in Mali’s  “rice bowl” have risen dramatically. And...

Walvis Bay to net more tourists, thanks to upgraded port

13-Aug-2019 - 13-Aug-2019 - Sushi and success: Walvis Bay to net more tourists, thanks to upgraded port With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia. The bay is a safe haven for sea vessels because of its natural deep-water harbour, protected by a sandspit, being the only natural harbour along the country’s coast.  The municipality of 110,000 people on the Namibian coast, draws large numbers of southern right whales to its waters, in this town whose name means “Whale Bay”....

Africa’s key development partners unite to tackle hunger as millions face food insecurity in times of climate change

09-Aug-2019 - 09-Aug-2019 - Kigali, August 8, 2019 – Development partners in Africa have pledged to pool their resources to counter food insecurity on the continent. The commitment was formalized at the first Africa Food Security Leadership Dialogue (AFSLD) held in Kigali, Rwanda, August 5-6, in partnership with the African Union, leaders of the African Development Bank, the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development and the World Bank. The event focused on strengthening and...

International Workshop for the design of REDD+ Investment Projects in Africa

08-Aug-2019 - 08-Aug-2019 - WHAT: International workshop on Reducing Emissions from Deforestation and Forest Degradation (REDD+) projects WHO: The African Development Bank, Ministry of Environment and Sustainable Development of Côte d’Ivoire, the Green Climate Fund (GCF), and the Japan International Cooperation Agency (JICA) WHEN:  Tuesday, 13 August 2019 - Friday, 16 August 2019 WHERE: African Development Bank, CCIA building, Abidjan   The Africa Climate Smart Agriculture Program (ACSA) of the African Development Bank, in...

TICAD7: Building a Better World through Business - Challenges in Humanitarian Assistance in Africa and the Role of Private Sector

08-Aug-2019 - 08-Aug-2019 - WHO:             ICRC, Waseda University, Japan     WHAT:            Seminar WHERE:         Waseda University Nihonbashi Campus. WHEN:           27 August, 2019 TIME: 18h30-20h00   Abidjan, Côte d’Ivoire, 8 August 2019 – At the 7th Tokyo International Conference on African Development (TICAD 7),...

Nigeria: African Development Bank extolls Chinese commitment to Africa, explores potential partnerships with investors

08-Aug-2019 - 08-Aug-2019 - Abuja, Nigeria - 8 August 2019: The African Development Bank in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of special agro-Industrial processing zones (SAPZs) across Africa. The Bank delegation, led by Professor Banji Oyelaran-Oyeyinka, the senior special adviser on industrialisation to the African Development Bank’s President, paid a courtesy call to Nigeria’s Vice President, Professor Yemi Osinbajo, who assured the consortium of the...

AU, African Development Bank sign $4.8 million grant earmarked for continental free trade secretariat

06-Aug-2019 - 06-Aug-2019 - The African Development Bank Group on Monday signed a $4.8 million institutional support grant to the African Union (AU) for implementation of the African Continental Free Trade Area (AfCFTA). The grant, approved by the Group’s Board of Directors on 01 April 2019, forms part of a series of interventions by the Bank in its lead role to accelerate implementation of the Free Trade Agreement, seen as a major force for integrating the 55-nation continent and transforming its economy. Albert Muchanga, AU’s Commissioner for...

African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor

06-Aug-2019 - 06-Aug-2019 - Addis Ababa, Ethiopia, 5 August 2019 - The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project. The agreement was signed by Ahmed Shide, the Minister of Finance, on behalf of the government of Ethiopia, and Abdul Kamara, the African Development Bank Group’s country manager in Ethiopia. The total cost of the project is $255 million, comprising an ADF...