Written by 

Founder and Managing editor of The Africa Global Village

Africa Investments 

African Development Bank updates its Integrated Safeguards Systems

The Board of Directors of the African Development Bank has approved updates to the institution’s Integrated Safeguards System (ISS) on April 12, 2023. Among other changes, the revision clarifies the bank’s roles, responsibilities, and accountability to borrowers and clients. The updates will align the bank more closely with its peers on community health and safety, gender-based violence, and stakeholder engagement… Read More
Africa Investments 

Nigeria: African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa

Nigeria: African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Investments 

African Development Fund, Smart Africa Alliance launch $1.5 million project to enhance digital trade and e-commerce ecosystems across Africa

African Development Fund, Smart Africa Alliance launch $1.5 million project to enhance digital trade and e-commerce ecosystems across Africa | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Investments 

Seychelles Civil Society Organizations Open Day

What:    Seychelles Civil Society Organizations Open Day Who:     African Development Bank East Africa and Seychellois CSOs When:   Thursday, 27 April 2023, 10:00 am – 12:30 pm (GMT+4) Where: Citizen’s Engagement Platform Seychelles (CEPS) Office, Room 28, Orion Mall, Victoria Mahe, Seychelles We are delighted to announce Civil Society Open Days will be held in Seychelles on Thursday 27 April 2023.… Read More
Africa Investments 

Japan: Smart water drainage facility reduces cost of damage caused by floods by 90%

Japan’s megalopolis region of Tokyo has a history of heavy rainfall and typhoons. But the days when the region used to be inundated with flooding are past. The pain of losing lives and livelihoods and seeing property worth billions of dollars being swept away by devastating floods, forced the region to turn to technology for a solution. The Japanese government… Read More
Africa Investments 

UN cites African Development Bank as a world model in climate-adaptation finance

As Africa’s foremost development finance institution, the African Development Bank Group has significantly increased its commitments to climate finance since the 2015 United Nations Climate Change Conference (COP 21) in Paris. Following the expiry of its Second Climate Change Action Plan after COP21, the Bank has launched a more comprehensive and ambitious strategic framework on climate change and green growth.… Read More
Africa Investments 

The African Development Fund's new Climate Action Window, a pivotal instrument for strengthening Africa's climate resilience

In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners created a Climate Action Window for low-income countries. The window covers 37 member countries of the ADF, which are also among the world’s most fragile and vulnerable to climate change. The recently published… Read More
Africa Investments 

African Development Bank Group, JICA sign $350 million loan agreement to support Africa’s private sector

The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa. The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa. The fifth version of EPSA, for an amount… Read More
Africa Featured World 

80-year old US President Biden to seek re-election in 2024

US President Joe Biden, 80, is to seek re-election in 2024, he announced on Tuesday. His quest for a second White House term is dividing opinions considering his age. He is already the oldest U.S. president ever. Doctors have declared Biden, who does not drink alcohol and exercises five times a week, “fit for duty” after an examination in February.… Read More
Africa North Africa Sudan World 

Sudan’s warring sides agree to a 72-hour ceasefire

Fighting in Sudan has abated after the army and the rival paramilitary force agreed to a 72-hour truce. The Sudan Armed Forces (SAF) said the U.S. and Saudi Arabia mediated the ceasefire. U.S. Secretary of State Anthony Blinken announced the agreement first and said it followed two days of intense negotiations. “During this period, the United States urges the SAF… Read More