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African Development Bank participates in Women Empowering Africa panel at Africa 2018 Forum
11-Dec-2018 - At the Africa 2018 Forum held in Sharm-El-Sheik from 8-9 December 2018, the role of women and young people in unlocking the economic potential of Africa took centre stage. The Forum is an international event hosted under the High Patronage of President Abdel Fattah Al Sisi of Republic of Egypt, aiming to promote greater economic integration through increased investment flows into Africa.Gabon : La Banque africaine de développement et Entreprenarium soutiennent 200 femmes entrepreneures, en partenariat avec la Confédération patronale gabonaise
10-Dec-2018 - La Banque africaine de développement et Entreprenarium ont noué un partenariat dans le cadre d’AFAWA (Initiative pour favoriser l’accès des femmes au financement en Afrique, acronyme en anglais) pour soutenir 1 000 femmes entrepreneures dans cinq pays africains. Ces deux organisations se sont associées à la Confédération patronale gabonaise (CPG) pour la mise en œuvre du programme au Gabon.Côte d’Ivoire : La Banque africaine de développement et Entreprenarium lancent des masterclass pour 200 femmes entrepreneures
10-Dec-2018 - La Banque africaine de développement, dans le cadre de son Initiative pour favoriser l’accès des femmes au financement en Afrique (AFAWA, acronyme en anglais), et en partenariat avec Entreprenarium, lance lundi 10 décembre 2018 des sessions de formation pour 200 femmes entrepreneures en Côte d’Ivoire. Des masterclass en gestion d’entreprise et planification financière seront conduites toute la semaine par Entreprenarium dans les locaux de la Banque, au profit de 100 femmes entrepreneures.African Development Bank Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum
10-Dec-2018 - African Development Bank President Akinwumi Adesina has saluted Egypt’s strong macroeconomic performance, its improved ranking in the ‘Doing Business Index,’ and the success of major projects in which the Bank is supporting Egypt, lessons that can be learned for the development and the integration of the continent. Adesina was speaking during a session at the just-ended Africa 2018 Business Forum held in the Egyptian city of Sharm-el-Sheikh.
Risk management: weather services and insurance to counter natural disasters in Africa
10-Dec-2018 - In Africa, where many countries are exposed to risks of climate-change induced natural disaster, it is imperative to create integrated joint risk management strategies. This is because the economies of many African countries depend upon climate-sensitive sectors, such as agriculture, infrastructure, forestry, and fisheries.
COP24: From Policy to Action: Integrating Gender into National Climate Actions in Africa
10-Dec-2018 - “Women’s voice is critical, from local to the national, in planning and implementation. We must ensure women are given the skills tools and finance to address the climate change challenge,” Mafalda Duarte, Head of the Climate Investment Funds, urged attendees Monday, at a side-event at the 24th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24).
Tchad : Dialogue sur l’autonomisation des femmes et l’égalité des genres
10-Dec-2018 - Vanessa Moungar, directrice du département Genre, femmes et société civile de la Banque africaine de développement s’est rendue à N’Djaména, au Tchad, les 3 et 4 décembre, afin d’échanger avec les acteurs locaux du gouvernement, du secteur privé et de la société civile, au sujet de l’autonomisation des femmes au Tchad et au Sahel, ainsi que des priorités d’action pour donner les moyens aux femmes de participer pleinement à l’économie et à la croissance de leur pays.OECD and AfDB Join Forces in the Fight against Corruption
10-Dec-2018 - The fight against corruption will gain momentum with the launch of the Anti-Bribery and Business Integrity in Africa initiative supported by the African Development Bank (AfDB) and the OECD. As the world celebrates Anticorruption Day on the 9th of December, the Bank is pleased to announce the signature of this partnership and renew its commitment to support African countries in the area of governance.African Development Bank delivers strong development results in Egypt
10-Dec-2018 - The African Development Bank has published the ‘Country Results Brief’ on Egypt. The report, which looks at Egypt’s economic situation, puts a spotlight on the Bank’s investments in the energy, agriculture, sanitation, industrial and social sectors. Over the past five years, Egypt has regained its position as the first destination for foreign direct investment (FDI) in Africa. It has a diversified economy, with services accounting for about half of the gross domestic product (GDP), industry contributing 34% of GDP and agriculture 12%.
Kenya forests: over 14,000 hectares reforested under 10 years, thanks to African Development Bank
10-Dec-2018 - Key figures US$38.8 million contribution from African Development Bank 14,300 hectares rewooded between 2007 and 2016 3,000 sustainable jobs created in communities bordering forests 17,100 households (40% headed by women) have seen their incomes increase.L’état des villes africaines 2018
10-Dec-2018 - La Banque africaine de développement annonce la publication « L’état des villes africaines 2018, la géographie de l’investissement africain », un grand rapport produit par ONU Habitat en collaboration avec la Banque et le département britannique du développement (DfID). L’état des villes africaines entend éclairer les décideurs politiques africains, surtout au niveau des collectivités locales, afin de leur permettre de saisir les nombreuses opportunités d’in
Special Economic Zones in Fragile Situations – a useful policy tool?
08-Dec-2018 - Africa has witnessed impressive growth rates over the past decade. The continent has also become the world’s fastest-growing region for foreign direct investment (FDI). While global FDI fell by 16 per cent in 2014, foreign investment to Africa remained stable at US $54 billion. Maintaining the continent-wide level of investment is all the more remarkable, as North Africa experienced a 15 per cent decline that was offset by Sub-Saharan Africa, notably thanks to significant FDI increases in Central and East Africa.
Why Africa is the next renewables powerhouse
07-Dec-2018 - The potential was made clear by delegates and speakers at Energy Day, on the African Development Bank pavilion at COP24 in Poland.
Combating deforestation: Optimizing the implementation of the REDD+ mechanism in Africa
07-Dec-2018 - REDD+, the mechanism for reducing greenhouse gas emissions from deforestation and forest degradation, is celebrating ten years of implementation in Africa.
African Development Bank pushes for a solar-secure Sahel region
07-Dec-2018 - Africa’s Sahel region is sitting on a goldmine when it comes to renewable energy, the African Development Bank said on Tuesday at COP24. The Bank noted that at a time when about 600 million Africans are without electricity, stable economies can be built by harnessing solar energy.
Multilateral Development Banks: Turning the Paris Agreement into reality
07-Dec-2018 - Financial support is a critical element when it comes to achieving the world’s climate goals, such as keeping the raise in temperature to well below 2 degrees. For many developing countries, these goals can only be reached with financial support.Malawi: African Development Bank US$ 35 million loan to boost agriculture and natural resource management
06-Dec-2018 - The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program - Phase 1 (SVTP-1), aimed at reducing poverty through the development of agricultural value chain and climate adaptation mechanisms. The Shire Valley Transformation Project will provide access to gravity fed irrigation and drainage services to the Chikwawa and Nsanje Districts south of Malawi. It will also secure land tenure for smallholder farmers and strengthen management of wetlands and protected areas.
Europe’s Future Lies in the South and not the North, says Italian Finance Minister at Africa Conference
06-Dec-2018 - “Africa is a continent of great change and opportunities. However, Europe finds it difficult to understand that its future lies in the South and not in the North,” said Giovanni Tria, Italian Minister of Finance and Economy. He was a speaking in Rome at a conference on Africa, challenges and opportunities: Italy and the African Development Bank. Africa is currently home to five of the world’s fastest growing economies, and only 4 African countries out of 54 will record negative growth in 2018, compared to 8 in previous years.
A new climate action: Digital Decarbonization of the African continent
06-Dec-2018 - The African continent is one of the regions most impacted by the effects of climate change, and least capable to deal with them. The Global South in general, and Africa in particular, require capacity building and technology transfers to ensure their resilience to climate change, and this need has been clearly outlined in the Paris Agreement and the ongoing climate discussions.