Video: “This is no ordinary time and this calls for no ordinary response,” says Bank Vice President
For more than 55 years, the African Development Bank has played a vital role in the continent’s development. The Bank’s current development strategy is guided by the “High 5” agenda – to Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve the quality of life for the people of Africa – and its plans to leapfrog the continent into the 21st century.
Zambia: From mine to field: agriculture project helps youth turn away from copper and live off the land
In Zambia’s Serenje district, young Zambians are being offered a ray of hope in the form of an agriculture project that is both an alternative to copper mining as a path out of poverty and a key element of the Zambian government’s strategy to diversify its economy away from a heavy dependence on copper.
In Ghana, African Development Bank-funded training builds skills for the economy of the future - report
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life of beneficiaries and a reduction in poverty, according to an African Development Bank report issued on 15 July 2020.
African Development Bank set to join landmark $20 billion Mozambique LNG financing
The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transformational project.
The Mozambique LNG Area 1 Project, estimated to cost over $20 billion, is ranked Africa's single largest foreign direct investment to date. It comprises a global team of energy developers and operators, led by Total alongside Mitsui, Oil India, ONGC Videsh Limited, Bharat Petroleum, PTT Exploration, as well as Mozambique's national oil and gas company, ENH.
African education experts push for more virtual learning to cushion against pandemics - ADEA webinar
Africa must develop new education models that feature well-resourced virtual teaching and learning schemes to insulate it against disruptions due to disasters such as the COVID-19 pandemic, experts at a webinar hosted by the Association for the Development of Education in Africa (ADEA) said.
The panelists, including Ministers of Education and senior officials of the Bank, called for a new approach to the professional development of teachers to enable them to embrace the new digital delivery model.