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Nordic Development Fund extends grant of $8.8 million to African Water Facility for COVID-19 Recovery in the Sahel and Horn of Africa regions
12-Dec-2020 - The Board of Directors of the Nordic Development Fund (NDF) on Tuesday approved $8.8 million in grant funding to the African Water Facility (AWF) to bolster investments in COVID-19 recovery and preparation for investment of water supply, sanitation, and integrated water resources management projects in the Sahel and the Horn of Africa.Journée internationale de lutte contre la corruption : « Emprunter le chemin de la culture du refus de la corruption et l’enseigner aux générations futures », suggèrent des experts
11-Dec-2020 - « Le défi du succès de la lutte contre la corruption réside dans la culture du refus de la corruption. C’est le chemin que nous devons emprunter pour l’enseigner ensuite aux générations futures par la prévention et la sensibilisation », ont suggéré, mercredi 09 décembre, des experts lors d’un webinaire organisé à l’occasion de la Journée internationale de lutte contre la corruption.African Economic Conference: Experts confident of finding solutions to COVID-19 pandemic
11-Dec-2020 - The 2020 African Economic Conference ended on an upbeat note on Thursday as the continent’s policymakers, leading researchers, economists and other experts called for a united approach to beating the COVID-19 pandemic. The meeting called on the private sector to take up the opportunity to fill the gap in declining foreign direct investments to meet the critical needs of the continent.
African Development Bank, 11 leading Multilateral Development Banks, IMF launch first joint report on financing the sustainable development goals
10-Dec-2020 - The African Development Bank joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) on Thursday in launching a first-ever joint report on financing the Sustainable Development Goals (SDGs).Africa ready for potential new COVID-19 wave, experts affirm at AEC2020 special session
10-Dec-2020 - Africa is better equipped to deal with a potential second wave of COVID-19, leveraging on measures adopted in tackling the pandemic’s initial adverse health effects, experts affirmed during a special session on the second day of the 2020 Africa Economic Conference. “The continent is much more prepared to deal with the second wave than we were 11 months ago,” Dr. John Nkengasong, Director of Africa Centers for Disease Control and Prevention (Africa CDC), said during the session on “Post COVID-19 implications for strategic human capital...
Nobel Week Dialogue: Africa’s recovery from COVID-19 will depend on its ability to mobilize resources - Adesina
10-Dec-2020 - Africa’s recovery from the COVID-19 pandemic will depend on the continent’s ability to mobilize resources, African Development Bank President Akinwumi Adesina said on Wednesday. Adesina was speaking during Nobel Week Dialogue, a prelude to the main event where prizes are awarded to global leaders in literature, peace, economics and other fields. The theme of the event is “The challenge of learning – the future of education.”
Visa openness solutions can boost Africa’s economic recovery, the 2020 Africa Visa Openness Index reveals
10-Dec-2020 - The upward trend in African countries liberalizing their visa regimes and welcoming African travelers continues, according to the 2020 Africa Visa Openness Index published by the African Union Commission and African Development Bank on Thursday.
“If we cannot find a balance between nature and economic development, humans will suffer the most," a financing biodiversity webinar concludes
09-Dec-2020 - The African Civil Society Organizations (CSOs) Biodiversity Alliance (ACBA) and the African Development Bank held the first joint webinar on ‘Financing Biodiversity in Africa from All Sources’ on 3 December. The webinar sought to explore how best to scale up finance for biodiversity from multiple sources - public and private, domestic and international –to meet the post-2020 objectives of the Convention on Biological Diversity (CBD). A diverse panel offered global, regional and national perspectives.Back to Better, Not Normal
09-Dec-2020 - By Dr. Rabah Arezki and Dr. Adeleke Salami Since the World Health Organization declared COVID-19 a global pandemic in March 2020, countries, societies, and individuals have struggled to respond to the pandemic’s devastation of health systems, economies, trade, and human wellbeing. While Africa has been spared the pandemic’s harshest health impacts, it has absorbed a heavy economic burden.Food security, agriculture, AfCTA, crucial for Africa’s post-COVID-19 recovery - African Economic Conference
09-Dec-2020 - “The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration,” African Development Bank Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, said during a news conference on the opening day of the African Economic Conference 2020. “We see this as an area that needs particular support, an area of opportunity going forward to increase inter-regional integration and to increase resilience against external shocks,” Morsy noted.Sénégal élabore une nouvelle stratégie de développement du secteur privé
09-Dec-2020 - Le ministère de l’Économie, du Plan et de la Coopération du Sénégal, a lancé, le 4 décembre dernier, les travaux pour l’élaboration d’une nouvelle stratégie de développement du secteur privé.
Regional Development Banks Heads discuss common challenges, opportunities to build back better post COVID-19
09-Dec-2020 - Heads of four regional development banks (RDBs) meeting virtually on Tuesday reaffirmed their commitment to working together to build back better in the wake of the COVID-19 pandemic. The meeting was hosted by African Development Bank President Akinwumi Adesina, the outgoing chair of the group. He was joined by Odile Renaud-Basso, new President of the European Bank for Reconstruction and Development (EBRD); Masatsugu Asakwa, President of the Asian Development Bank (ADB), and Mauricio Claver Carone the new president of the Inter-American...
African Economic Conference: Don’t overlook women as part of COVID-19 recovery
08-Dec-2020 - In order to recover rapidly from COVID-19, Africa must focus on building sustainable health, education and food industries, with income support for women, attendees at the opening ceremony of this year’s African Economic Conference (AEC) heard on Tuesday. The virtual 2020 AEC, titled Africa beyond COVID-19: Acceleration towards inclusive and sustainable development, has rallied together leaders and experts to examine the pandemic’s impact on Africa, its responses, and how the continent can collectively rebuild, focusing on sustainable...
IRENA and African Development Bank partner to scale up renewable energy investments in Africa
08-Dec-2020 - The International Renewable Energy Agency (IRENA) and the African Development Bank have agreed to jointly support investment in low carbon energy projects, a move expected to advance Africa’s energy transition.
Making Finance Work for Africa Annual General Assembly (AGA)
08-Dec-2020 - What: Making Finance Work for Africa (MFW4A) Who: Annual General Assembly When: 9-10 December 2020 / 9.15 AM GMT Where:Africa Business Media Innovators (ABMI) 2020
08-Dec-2020 - What: The opening address at the virtual ABMI20 Innovator Chats will examine the immense and unprecedented disruption of COVID-19 and other factors on the media landscape in Africa and globally. Who: Dr. Akinwumi Adesina, President, African Development Bank (AfDB) When:Niger : la Banque africaine de développement renforce les capacités nationales pour accroître la performance du portefeuille-pays
08-Dec-2020 - Dans le cadre de sa coopération avec le gouvernement du Niger, la Banque africaine de développement a organisé, du 1er au 3 décembre derniers, un atelier virtuel de Renforcement des capacités institutionnelles et clinique fiduciaire (RICF).Africa must forge strong partnerships, effectively manage its abundant natural resources, to rebuild faster post-COVID-19 - International Forum on African Leadership
07-Dec-2020 - African countries must strengthen governance and international partnerships, while also making better use of abundant natural resources to accelerate economic recovery in the post-COVID-19 period, the International Forum on African Leadership heard. “We owe it to posterity to leverage the partnerships that we have and forge new ones to expedite the resurgence of our economies,” said Lazarus Chakweras, President of the Republic of Malawi, during the forum, which was organized by African Leadership Magazine on Friday 5 December.
African Economic Conference 2020: Africa beyond COVID-19: acceleration towards inclusive sustainable development
07-Dec-2020 - WHAT: African Economic Conference 2020: Africa beyond COVID-19: acceleration towards inclusive sustainable development WHO: Economic Commission for Africa (ECA), the United Nations Development Programme (UNDP), The African Development Bank (AfDB) WHEN: