African Investment Forum Road show in Cairo, attended by Egyptian public and Private Sector entities
Over 80 Egyptian public and private sector entities attended the African Investment Forum (AIF) road show organised by the African Development Bank on Wednesday 25 July 2018 in Cairo.
Leading business executives from a wide range of industries including the banking and investment sector, industry associations, the Government and its investment promotion agencies, as well as key AIF partners EBRD, World Bank and the IFC, participated in the road show.
South Africa sees Africa Investment Forum as vehicle for economic growth
The Africa Investment Forum (AIF), African Development Bank’s new platform to enhance private-sector cooperation and drive investment to key development sectors on the continent, has received commendation from South Africa’s business leaders.
African Development Bank reiterates support for Lake Chad Basin Heritage Project
The African Development Bank will continue its support for an environmental initiative to protect the shrinking Lake Chad - a source of water to millions of people in central and West Africa, the Bank’s Director General for Central Africa Region, Ousmane Dore told UN bodies and representatives of west and central African UN missions
In the past decade, the Bank has invested more than $160 Million through regional projects aimed at fighting the ecological and humanitarian crises in the Lake Chad region.
ALSF, UNECA, and African Union cooperate to develop a modeling mining laws
For more than a decade, Africa has enjoyed a mineral boom, producing more than 10% of the world’s minerals by value, from over 30% of its global mineral reserves. And yet, despite the critical role played by mineral exploration and production, mining and development have not necessary gone hand-in-hand. While development experts consider how to transform mining into an engine of development, the African Legal Support Facility (ALSF) is helping to make it a reality, alongside its partner institutions and regional stakeholders.
The Facility for Agricultural Finance in Africa receives FAPA donors’ approval seal
By 2030, it is estimated that Africa’s urban food markets will be valued at US$1 trillion.
Despite this potential, the sector substantially lacks financial investment. The share of commercial bank lending to agriculture remains very low, ranging from 3% in Sierra Leone, 4% in Ghana and Kenya, 6% in Uganda, 8% in Mozambique to 12% in Tanzania.