African Development Bank leads pan-African campaign against Fall Army Worm
The African Development Bank recently convened a meeting of experts and stakeholders in the agricultural sector to design integrated pest and disease management mechanisms for controlling the spread of the Fall Army Worm in East Africa.
The Fall Army Worm or Spodoptera frugiperda is an invasive insect threatening food supplies and incomes of millions of African smallholder farmers. The multi-stakeholder, regional action plans to stop the menace of the worm in Africa falls under the Bank’s Technologies for African Agriculture Transformation (TAAT) agenda.
Rwanda and African Development Bank sign €229 million loan agreements to finance electricity projects
The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s program to improve electricity supply and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This operation builds on the successful implementation of the Scaling Up Electricity Access Program (SEAP) approved by the Bank in 2013 with a combined estimated €39.74million loan and grant.
The African Development Bank to invest the Naira equivalent of USD 10 million into the Chapel Hill Denham Nigeria Infrastructure Debt Fund
The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF).
This investment aims to meet the country’s infrastructure investment needs, including in the power and energy infrastructure sectors. NIDF is the first and the only listed local currency infrastructure debt fund in Africa.
African Development Bank approves Malawi Country Strategy Paper 2018 – 2022
The African Development Bank has approved its Country Strategy Paper for Malawi for 2018-2022. The strategy blueprint is part of ongoing efforts to boost economic diversification, reduce dependency on rain-fed agriculture and build resilience for growth in the southern African nation.
Humanitarian-Security-Development Nexus in G5 Sahel Countries: International Committee of the Red Cross discusses partnership modalities with African Development Bank
The Gender, Women and Civil Society Department (AHGC) hosted a two day workshop from 8-9 October 2018 in Abidjan, Côte d’ivoire with a delegation from the International Committee of the Red Cross (ICRC). This workshop was a promising first step to exchange knowledge, ideas and expertise on how to respond in a timely and judicious manner to the needs and priorities of the population – particularly women and girls – in transition countries in Africa.