Devastating drought in Madagascar, ferocious floods across East Africa, and powerful cyclones in Mozambique. These recent natural disasters are just a taste of what Africa can expect as the climate crisis intensifies. Climate change is powering ever more extreme weather events and disrupting precipitation across the continent. People and economies will increasingly feel the impacts of climate change through water… Read More

African Development Bank President Dr Akinwumi A. Adesina has highlighted the importance of stopping desertification in Africa’s Sahel and turning the region green. Adesina spoke at a high-level side event held on Monday 1 November, on the Great Green Wall initiative during the ongoing UN global climate conference, COP26, in Glasgow, Scotland. The event was co-hosted by His Royal Highness… Read More

What:    North Africa Civil Society Regional Forum Who:     The African Development Bank’s Civil Society and Community Engagement Division When:    16 November 2021; 9.00 -13.00 GMT +1 Where:    Virtual The African Development Bank’s Civil Society and Community Engagement Division will host a virtual forum for civil society organizations in the North Africa region on 16 November 2021. The event’s theme is… Read More

Les Banques multilatérales de développement ont partagé, lundi, leur expérience sur l’article 6 de l’Accord de Paris, au cours d’une réunion organisée en marge de la 26ème conférence de la Convention des Nations unies sur le climat (COP26), ouverte dimanche à Glasgow. Plusieurs banques multilatérales de développement, notamment la Banque africaine de développement, la Banque mondiale, la Banque asiatique de… Read More

African and other global leaders came together at COP26 in Glasgow yesterday for the Africa Adaptation Acceleration Summit, the largest summit to date on climate adaptation. The summit called for the rest of the world to ramp up its support for the African continent as it adapts to the adverse   effects of climate change, including devastating human impacts in Madagascar,… Read More

Agricultural value chains will be a key lever for inclusive growth in The Gambia to address development challenges and combat fragility, according to the Country Strategy Paper (CSP 2021-2025) published by the African Development Bank. The Bank intends to support The Gambian government’s efforts to reduce food insecurity from 37.2 percent in 2020 to 30 percent in 2025, reduce the… Read More

Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank’s Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated 28 October 2021, Moody’s said the key factors underpinning the affirmation include robust capital buffers, combined with superior risk management which contain the challenges associated with low development asset credit quality amid a… Read More