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COP 26: Experts to offer innovative ways to finance adaptation in East Africa
04-Nov-2021 - African Development Bank climate change specialists will gather on the sidelines of COP26 to champion climate adaptation in East Africa and discuss opportunities for mobilizing resources to support the cause. On November 8, the African Development Bank and partners will make a case for a comprehensive adaptation financing framework that responds to the multiple climate risks directly impacting the economic and social systems of the highly vulnerable region. The event will feature a session on East Africa, a region that has been hit hard by the...
COP26: Africa’s Watershed Moment: building climate resilience requires a flood of investment in nature
04-Nov-2021 - Devastating drought in Madagascar, ferocious floods across East Africa, and powerful cyclones in Mozambique. These recent natural disasters are just a taste of what Africa can expect as the climate crisis intensifies. Climate change is powering ever more extreme weather events and disrupting precipitation across the continent. People and economies will increasingly feel the impacts of climate change through water – as it floods homes and businesses, disrupts supply chains, reduces agricultural yields, and as communities are deprived of clean...East Africa’s economic outlook bullish despite Covid-19 setback, African Development Bank report projects
03-Nov-2021 - East Africa’s economic growth is expected to recover to an average of 4.1% in 2021, up from 0.4% posted in 2020, according to the African Development Bank’s latest economic outlook report for the region. In 2022, average growth is projected to hit 4.9%. The flagship report, launched on 28 October, reviews the socio-economic performance of 13 countries: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, and Uganda.
Regional Civil Society Forum 2021 - North Africa region
03-Nov-2021 - What: North Africa Civil Society Regional Forum Who: The African Development Bank’s Civil Society and Community Engagement Division When: 16 November 2021; 9.00 -13.00 GMT +1 Where: VirtualAfrican Development Bank High 5s agenda changing millions of lives in Africa, says Bank President Akinwumi Adesina
03-Nov-2021 - African Development Bank Group President, Dr Akinwumi A. Adesina, has said that the Bank’s High 5 agenda is positively changing lives for millions in Africa. The Bank’s High 5 priorities involve lighting up and powering Africa, feeding the continent, industrializing Africa, integrate Africa, and improve the quality of life for the people of Africa.
COP26 : l’application de l’article 6 de l’Accord de Paris en débat
03-Nov-2021 - Les Banques multilatérales de développement ont partagé, lundi, leur expérience sur l’article 6 de l’Accord de Paris, au cours d’une réunion organisée en marge de la 26ème conférence de la Convention des Nations unies sur le climat (COP26), ouverte dimanche à Glasgow.
African, other world leaders gather for largest summit on climate adaptation at COP26
03-Nov-2021 - African and other global leaders came together at COP26 in Glasgow yesterday for the Africa Adaptation Acceleration Summit, the largest summit to date on climate adaptation. The summit called for the rest of the world to ramp up its support for the African continent as it adapts to the adverse effects of climate change, including devastating human impacts in Madagascar, where 1.3 million people live under food distress following four years of no rain. Madagascar’s situation has been described as the first climate induced drought.COP26 Leaders’ Event – Africa Adaptation Acceleration Summit
02-Nov-2021 - What: COP26 Leaders’ Event – Africa Adaptation Acceleration Summit Where: Meeting room 4, Zone F (in front of plenary rooms)/ also available on livestream here: https://bit.ly/31nTtIW When: 14:15-15:45 on Tuesday 2nd November Followed by press conference When: 16:00-16:30 Where: Press Conference Room Durdle Door, Area D - Ground FloorHistoric Alliance Launches at COP26 to Accelerate a Transition to Renewable Energy, Access to Energy for All, and Jobs
02-Nov-2021 - The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide.
DRC-Africa Business Forum : Moving Africa up the ladder in the battery, electric vehicle (BEV) and renewable energy value chain and market
02-Nov-2021 - What: DRC Africa Business Forum Who: President Félix Antoine Tshisekedi Tshilombo of the Democratifc Republic of Congo, UN Economic Commission for Africa, Afreximbank, African Development Bank (AfDB), African Legal Support Facility, Africa Finance Corporation, Arab Bank for Economic Development in Africa and UN Global Compact. When: 24 to 25 November 2021 at 9:00 am Kinshasa time Where: Kinshasa and online
Conference on Land Policy in Africa opens with calls for pro-poor land policies, equal access, and ownership of land
02-Nov-2021 - The 2021 Conference on Land Policy in Africa opened Monday with a resounding call for African countries to develop pro-poor land policies and inclusive land tenure rights, particularly for women and youth. The theme of this year's conference is "Land governance for safeguarding art, culture, and heritage towards the Africa we want." This is in line with the African Union declaration of 2021 as the year of "Arts, Culture and Heritage: Levers for Building the Africa we want" which is in line with aspiration 5 of Agenda 2063.
Youth Adaptation Solutions (YouthADAPT) Challenge Awards Ceremony
02-Nov-2021 - What: Youth Adaptation Solutions (YouthADAPT) Challenge Awards Ceremony Where: Africa Pavilion, COP26 in Glasgow, Scotland When: 5 November 2021, 11:00-12:30 GMT Moderator: Alan Kasujja - BBC journalist The Youth Adaptation Solutions (YouthADAPT) Challenge, launched on 6th September 2021, is an annual competition jointly organized by the Global Center on Adaptation and the African Development Bank, as part of the Africa Adaptation Acceleration Program.
Moody’s affirms African Development Bank AAA rating, stable outlook
02-Nov-2021 - Moody's Investors Service ("Moody's") has affirmed the African Development Bank's Aaa long-term issuer and senior unsecured ratings. The outlook remains stable.Great Green Wall will turn the Sahel green says African Development Bank chief
02-Nov-2021 - African Development Bank President Dr Akinwumi A. Adesina has highlighted the importance of stopping desertification in Africa’s Sahel and turning the region green. Adesina spoke at a high-level side event held on Monday 1 November, on the Great Green Wall initiative during the ongoing UN global climate conference, COP26, in Glasgow, Scotland. The event was co-hosted by His Royal Highness Prince of Wales, French President Emmanuel Macron and Mauritanian President Ould Ghazaouni.
TAAT program gains recognition ahead of COP26
31-Oct-2021 - The African Development Bank’s Technologies for African Agricultural Transformation (TAAT) program is gaining increasing recognition as stories emerge of its impact across the continent. The acclaim for TAAT is timely ahead of the COP26 climate conference in Glasgow, Scotland, where the African Development Bank will be showcasing its role as a global leader when it comes to climate action. TAAT has been instrumental in supporting communities who have been left vulnerable by weather patterns linked to climate change.African Development Bank and AfCFTA Secretariat partner to stimulate industry
30-Oct-2021 - African Development Bank Group President, Dr. Akinwumi A. Adesina, said on Friday that the Bank will integrate the African Continental Free Trade Area (AfCFTA) into its country and regional integration strategies. Receiving AfCTA Secretary-General Wamkele Mene, in Abidjan on 29 October, Adesina said “the implementation of the free trade area will become a key component of the Bank’s lending program. We want to have a critical mass of AfCFTA-aligned investments.”South Africa: African Development Bank approves $57.67 million loan to Eskom to boost electricity generation from renewable sources
30-Oct-2021 - The Board of Directors of the African Development Bank has approved a $57.67 million loan to Eskom Holdings SOC Ltd, South Africa’s public electricity utility—and Africa’s largest— to harness battery storage technology that will increase electricity generation from reliable and efficient renewable energy sources.
Tchad : la mise en œuvre du Document de stratégie-pays 2015-2020 de la Banque africaine de développement produit des résultats probants
29-Oct-2021 - La mise en œuvre du Document de stratégie-pays pour la période 2015-2020 (DSP 2015-2020) au Tchad a produit des résultats probants sur le terrain. Cependant, en raison de la pandémie de Covid-19, son délai d’exécution a été prorogé jusqu’en 2022, indique le rapport de mise à jour et de revue de performance du portefeuille 2020 de la Banque africaine de développement publié mercredi à Abidjan.
The Gambia: African Development Bank focuses on agricultural value chains in 2021-2025 Country Strategy Paper
29-Oct-2021 - Agricultural value chains will be a key lever for inclusive growth in The Gambia to address development challenges and combat fragility, according to the Country Strategy Paper (CSP 2021-2025) published by the African Development Bank.