Africa Investments 

Libya: African Development Bank grants $0.5 million emergency relief assistance for PPE protection against COVID-19

The Board of Directors of the African Development Bank have approved a grant of $480,000 to Libya under the Special Relief Fund (SRF) for the procurement of much-needed personal protective equipment (PPE) intended for treatment of cases of infection of the novel Coronavirus. The Bank’s funding  will contribute to supporting the country’s national Response Plan for COVID-19. The assistance is intended to focus on infection prevention and control and to shield communities, particularly  those most vulnerable including the health workers. The $480,000 grant, is considered the first granted to the…

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Africa Investments 

First flood, then drought: climate-resilience project helps farmers thrive in Mozambique

Mozambican farmer Alima Matusse is the head of a household of six and she used to worry that her children would go without nutritious food because her small plot of land was bone dry in the hot season and waterlogged when it rained. Thanks to a climate-resilience project providing irrigation and drainage in her home province of Gaza, Matusse has been able to increase the area she cultivates from a quarter to three quarters of a hectare and has added kale, cabbage, carrots to her staple crop, maize. In 2013,…

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Africa Investments 

Maroc : la station d’Oum Azza alimente en eau potable plus de cinq millions de personnes sur l’axe Rabat-Casablanca

Ahmed Attari est devenu propriétaire d’un appartement à Tamesna, une commune située à une vingtaine de kilomètres de Rabat, qui a émergé pour absorber le surcroît de population de la capitale marocaine. Ses dizaines de milliers d’habitants sont aujourd’hui approvisionnés en eau potable par la toute nouvelle station d’épuration d’Oum Azza, construite grâce à un soutien de la Banque africaine de développement. Ahmed, fonctionnaire à la quarantaine, ouvre les portes de son « trois pièces ». Il rejoint sa femme et ses filles, assises autour d’une table du salon, pour partager un thé.…

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Africa Investments 

African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA), ImpactHER and UN Women policy briefing webinar

“Empowering Women Entrepreneurs in the Fight Against COVID-19 – The Role of Government” What: Launch of the AFAWA, UN Women and ImpactHER Policy Brief Who: Gender, Women & Civil Society Department – Affirmative Finance Action for Women in Africa Initiative, ImpactHER and UN Women When: 1:00pm – 2:30pm GMT, Wednesday, 15 July 2020 Where: Online via Zoom The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative, in collaboration with ImpactHER and UN Women, will host a virtual high-level panel discussion on empowering women entrepreneurs in the…

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Africa Investments 

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank says in African Economic Outlook 2020 Supplement

Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate well, according to updated forecasts from the African Development Bank, released on Tuesday. In a comprehensive socio-economic assessment of the pandemic’s impact, the Bank said growth was now projected to rebound to 3% in 2021 from -3.4% in the worst-case scenario for 2020. The predictions are contained in a supplement to the Bank’s African Economic Outlook, which was released on 30 January. At the time, Africa’s growth was forecast at 3.9% in 2020 and 4.1%…

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Africa Investments 

Cap-Vert : les parcs éoliens de Cabeólica ouvrent de nouvelles perspectives pour le mix énergétique

Helder Andrade est ingénieur mécanique, spécialisé dans l’énergie éolienne. Il a fait ses études supérieures loin du Cap-Vert mais a décidé ensuite de mettre son savoir-faire au service de l’archipel. Son projet, financé par la Banque africaine de développement, vise à renforcer l’autonomie énergétique du Cap-Vert en développant ses capacités. « Je suis né au Portugal. Je suis arrivé au Cap-Vert à l’âge de deux ans et j’ai grandi à São Vicente dans une famille modeste, raconte Helder. Mon père qui a toujours été un travailleur, nous a inculqué le sens…

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Africa Investments 

Data-driven advisory services key for Africa’s agricultural development

What are some of the barriers preventing small farmers in Africa from adopting digital advisory services? What do we mean by big data? What can governments do to encourage greater digital uptake? These were some of the questions addressed during the second of four Transforming Agriculture in Africa Through Digitalization webinars hosted by the African Development Bank and the Food and Agriculture Organization’s Investment Centre. During the most recent webinar, panelists explored how data-driven technologies can transform the agricultural ecosystem and contribute to policy-making and investment. Event moderator Ed Mabaya,…

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Africa Investments 

Global experts call for a radical health policy shift in post COVID-19 Africa

Global health experts and practitioners at a policy webinar hosted by the African Development Institute (ADI) called for a “Marshall Plan on Inclusive Health in Africa.”   There is an urgent need for inclusive health policy in Africa – one that can detect and interpret warning signs and rapidly mobilize to isolate threats, absorb and adapt to shocks, and organically innovate new strategies to maintain its core functions, the delegates said. “There must be a radical shift in Africa’s health policy from one that focuses on medical outcomes, to one…

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Africa Investments 

Madagascar reçoit plus de 2 millions de dollars de l’ARC pour la couverture des risques liés à la sécheresse

Le gouvernement de Madagascar a reçu, le 2 juillet à Antananarivo, un chèque de 2,13 millions de dollars américains de la Société d’assurance de la Mutuelle panafricaine de gestion des risques (ARC Ltd) pour couvrir la perte des moyens de subsistance de sa population causée par les catastrophes climatiques.Ce paiement de l’ARC représente la prime d’une assurance contre la sécheresse souscrite par Madagascar, avec le soutien de la Banque africaine de développement, à travers l’Initiative africaine de financement des risques de catastrophe (ADRiFi), qui a financé la totalité de la…

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Africa Investments 

Appointment of Acting Vice President Agriculture, Human and Social Development, African Development Bank Group: Wambui Gichuri

The African Development Bank Group is pleased to announce the appointment of Wambui Gichuri as Acting Vice President- Agriculture, Human and Social Development, effective 5 July 2020. Wambui joined the African Development Bank Group in 2018 as Director, Water Development and Sanitation. She currently oversees the Bank’s water sector program of over $ 4.5 billion covering 44 countries and multinational projects. Wambui supervises two divisions: the Water Development, Coordination and Partnerships, and Water Security and Sanitation divisions, as well as the African Water Facility divisions, a project preparation facility.  She…

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