Africa Investments 

Tribute: Prime Minister Amadou Gon Coulibaly

July 8 was all like every normal day, focused on work. I had no inkling there would be a storm, even though we have weathered many storms and floods in Abidjan in recent times. Like a jolting bolt of thunder, everything changed when my wife, Grace, called my attention to a news item that the Prime Minister Amadou Gon Coulibaly had died. I told her this couldn’t be true as he just came back and as far as I knew he was fine. I quickly went to look at the…

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Africa Investments 

Impact of COVID-19 on Africa’s Education: Reflecting on Promising Interventions and Challenges, towards a New Normal

What: Launch of a report that examines the impact of the COVID-19 pandemic on education. Who: Association for the Development of Education in Africa (ADEA), in collaboration with the African Development Bank Group When: Thursday, 16 July 2020, from 12:00 pm to 2:15 pm GMT Where: Via Zoom The Association for the Development of Education in Africa (ADEA), in collaboration with the African Development Bank Group, is pleased to invite you to the launch of a report that examines the impact of the COVID-19 pandemic on education. ADEA undertook two rapid mapping…

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Africa Investments 

East Africa holds its ground as Africa’s fastest growing region, despite COVID-19 disruption

Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African regions and is forecast to rebound to 3.7 percent in 2021, according to the African Development Bank’s East Africa Regional Economic Outlook 2020. The projection is under the baseline scenario that assumes the virus is contained by the third quarter of this year. Prior to the COVID-19 pandemic, the region’s economic growth was projected at more than 5 percent, well above continent’s average of 3.3…

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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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