^{Photo Credit: JUMEME Rural Power Supply Ltd., a SEFA awardee}

The Board of Directors of the African Development Bank has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for a new technical assistance initiative meeting the needs of the continent’s fast-evolving renewable mini-grid industry.

The Third Review of the Independent Review Mechanism (IRM) of the African Development Bank Group (AfDB) was approved by its Board of Directors in February 2019 and commenced in December 2019.

According to the Terms of Reference (TOR), the review’s objectives are:

The Boards of Directors of the African Development Bank and the African Development Fund (ADF) have approved a grant of UA 16 million to the African Legal Support Facility (ALSF) to strengthen legal expertise and negotiating capacities of transition states in Africa.

The African Development Bank and the Intergovernmental Authority on Development (IGAD), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to growing water stress.

The African Development Bank has announced 20 finalists of the AfricavsVirus Challenge who will receive a grant of up to $20,000 as well as access to business development and other in-kind services.

The Top 20 Winners, announced during a virtual event held Friday, have been selected from a shortlist of a hundred applicants who pitched ideas for innovative solutions to the health and economic challenges presented by the COVID-19 pandemic.