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AfDB commits USD 92.9M to open up access of Southern Ethiopian regions
08-Dec-2016 - On Wednesday 7th December of 2016 in Abidjan, the Board of Directors of the African Development Bank Group (AfDB) approved USD 57.6M grant and USD 35.3M loan (Approximately USD 92.9 million) to the Government of Ethiopia for the upgrading of 240km of gravel road sections to all-weather asphalt concrete surfaced road.
AfDB urges East African CSOs to be involved in environmental and social safeguards process to ensure sustainability of projects
08-Dec-2016 - "Environmental and Social Safeguards (E&S) are crucial for the success of develpment projects. They are paramount to ensure projects are environmentally and socially sustainable and that they are implemented with stakeholders' participation and timely public information disclosure:" The issue was discussed on 8 December 2016 in Nairobi, Kenya on the second day of the African Development Bank (AfDB)'s ongoing regional consultations workshop for East Africa Civil Society organizations (CSOs).
Youths affirm agriculture as economic empowerment tool
07-Dec-2016 - The agro-allied industrialization of the African continent cannot materialize without the involvement of the youths because they have the right drive and energy, participants at a Tuesday session of the 2016 African Economic Conference that focused on youth entrepreneurship in agriculture said.Cashew nut value chains need State support to flourish in the Casamance, paper finds
07-Dec-2016 - Three presentations were made during the ongoing 11th African Economic Conference in Abuja on the examining the dynamics and constraints of the agricultural value chain on the continent. The first paper, titled “Agrobusiness de l’anacarde en Casamance (Senegal): atouts, contraintes et perspectives d’industrialisation” (“Cashew agro-business in Casamance (Senegal): Strengths, constraints and prospects of industrialization”), was presented by Sene Abdourahmane Mbade, of the Université Assae Seck de Ziguinchor in the Casamance, Senegal.Integrated solutions key to regional agro-allied industrialization
07-Dec-2016 - Participants at the African Economic Conference 2016 in Abuja have identified integrated solutions as key to regional agro-allied industrialization.
African Economic Conference closes with call for agriculture to be at the centre of Africa’s development
07-Dec-2016 - The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive discussions on how African countries can achieve agro-allied industrialization. Over 300 participants attended the annual event, co-organized by the African Development Bank (AfDB), UN Economic Commission for Africa (ECA) and United Nations Development Programme (UNDP), on the theme, "Feed Africa: Towards Agro-Allied Industrialization for Inclusive Growth."African Economic Conference: Why does Africa need an agricultural transformation?
07-Dec-2016 - The need for an Africa-wide agricultural transformation was the subject of a special session organized at the 11thAfrican Economic Conference (AEC) on Tuesday, December 6, 2016 in Abuja, Nigeria. For a continent which harbours 600 million hectares or 65% of all the uncultivated arable land in the world, agriculture (on-farm and off-farm) should be the bedrock of its development, says Chiji Ojukwu, Agriculture and Agro-Industry Director at the African Development Bank.
East African CSOs advocate for African funding to increase trust and legitimacy
07-Dec-2016 - The African Development Bank’s (AfDB) series of regional consultations meeting with Civil Society Organizations (CSOs) continues across the continent. The East African leg opened on 7 December in Nairobi, Kenya with CSOs advocating for financial support from African source to deliver better on their development agenda and restore trust with government authorities.
Presenting its report on gender equality at the 2016 African Economic Conference, UNDP stresses that women’s empowerment key to transforming the continent’s agriculture
07-Dec-2016 - According to a key finding in the United Nations Development Programme’s 2016 Africa Human Development Report (AfHDR) – Accelerating Gender Equality and Women’s Empowerment in Africa – gender inequality costs Sub-Saharan Africa about US $95 billion a year and hampers the continent’s efforts for inclusive human development and economic growth.Bénin : une nouvelle étape de franchie pour le programme « Énergie et Eau pour la Vie »
07-Dec-2016 - Une étape de plus vers la mise en œuvre du programme « Energie et Eau pour la Vie » vient d’être franchie au Bénin. Grâce à l’assistance technique fournie par la Banque africaine de développement (BAD) depuis août 2016, le programme dispose désormais de données concrètes en termes de budget et de cadrage institutionnel, ce qui devrait lui permettre de mobiliser les fonds nécessaires à son déploiement sur le terrain.Participants advocate for land rights for women farmers
07-Dec-2016 - Participants at the ongoing 11th African Economic Conference in Abuja advocated for measures that will guarantee women access to land and promote women’s land rights in rural communities of Africa.African Development Bank Group approves the first Multi-jurisdictional Fixed Income ETF in Africa
07-Dec-2016 - The Board of Directors of the African Development Bank (AfDB) has approved a seed equity capital investment of USD 25 million into the African Domestic Bond Fund (ADBF). The ADBF was conceived as part of the African Financial Markets Initiative (AFMI, www.africanbondmarkets.org), dating back to 2008. Its objectives are to contribute to the development of local debt markets in Africa, by strengthening the domestic bond market infrastructure and investing in local currency-denominated debts.
Continental validation meeting in Cairo paves the way for ADEA 2017 Triennale in Marrakech
06-Dec-2016 - On the occasion of the 2017 Continental Validation Meeting organized by the Association for the Development of Education in Africa (ADEA) in partnership with the Republic of Egypt, the country’s Minister for Higher Education and Scientific Research, Ashraf El Shihy, highlighted the core role of ADEA in fostering education, training and development in Africa.
Building a resilient and sustainable agriculture in Africa
06-Dec-2016 - Building a resilient and sustainable agriculture in Africa is the subject of one of the High Level Panel discussions of the 11th African Economic Conference (AEC) which entered its second day on Tuesday, 6 December 2016 in Abuja, the Nigerian capital. Chris Barrett, an agriculture professor at Cornell University in the United States, who led the discussion focused on a number of constraints faced by African smallholder farmers who account for 90% of the continent’s agricultural production.How stable policies, combined with investments could improve future of agriculture in Africa
06-Dec-2016 - Stable policies combined with investments could improve the future of agriculture in the African region, according to a report published by the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO).
Study expresses skepticism about ability of African agriculture to support agro-industry strategy
06-Dec-2016 - A study from the Meredith Hanlon Department of Economics, Environmental Science, and Biology, Allegheny College, USA, doubts the ability of African agriculture in its present state to support an agro-industrial sValue addition vital to industrialize African agriculture
06-Dec-2016 - A study by Namalguebzanga Christian Kafando, one of the paper presenters and discussants at the ongoing 11th African Economic Conference in Abuja has shown that there is a significant link between agriculture and manufacturing in Africa.
Private sector SMEs should be catalytic force in industrialization of agriculture
06-Dec-2016 - Private sector small and medium enterprises (SMEs) should be the catalytic force in the industrialization and modernization of agriculture, a paper delivered Monday at the 2016 African Economic Conference taking place in Abuja has proposed.
The promise of Africa’s youth may lie in agro-alliance
06-Dec-2016 - Despite the promise and force of globalization as a powerful engine for economic transformation, hardworking subsistence farmers have been left behind due to insufficient skills, said Nobel Laureate and Harvard Professor, Eric Maskin during a roundtable debate themed, The way forward to transforming Africa’s agriculture.