Africa 

Kenya to restart khat exports to Somalia after two years

Somalia has agreed to lift a ban on air freighting khat from Kenya that had been in place for more than two years, Kenya’s agriculture minister announced Friday. The announcement, which comes a day after Kenyan President Uhuru Kenyatta visited Mogadishu for the inauguration of Somalia’s new president Hassan Sheikh Mohamoud, marks an easing of relations between the two countries,… Read More
Africa Ghana West Africa World 

Ghana: Pro-LGBTQ billboard pulled down following uproar

– – City authorities in Ghana’s capital Accra have pulled down a pro-LGBTQ billboard at a strategic location following an uproar over its presence. The billboard, which has four hands joined as a team, is said to have been mounted at the strategic spot of the motorway with the inscription “When all Ghanaians are treated equal no matter where they… Read More
Africa Investments 

African Development Bank President, Dr. Akinwumi A. Adesina to deliver the 2022 William G. Demas Lecture

President of the African Development Bank Group, (AFDB) Dr. Akinwumi A. Adesina will deliver the prestigious William G. Demas Memorial Lecture at the Caribbean Development Bank’s (CDB) Annual Meeting on Tuesday June 14, 2022, in Providenciales, Turks and Caicos Islands. The globally renowned economist and agricultural development expert will give a wide-ranging address drawing on success stories from the AFDB’s… Read More
Africa Investments 

Ghana: Economy shows signs of rebound, but Covid-19 and the Ukraine-Russia crisis will test resilience and inclusivity — report

Ghana has enjoyed two decades of steady growth, but the impact of the Covid-19 pandemic and the Ukraine-Russia crisis could dent economic prospects, according to an African Development Bank report launched on Thursday. The 52-page report, titled ‘Transforming Ghana,’ reviews the country’s development over the past ten years (2012–2021) and evaluates the African Development Bank’s contribution through its High 5… Read More
Africa 

Guinea: Group calls for protest against ruling junta on June 23

A collective that has led the protest in Guinea against former President Alpha Conde called Friday for demonstrations on June 23, overriding a ban imposed by the junta that took power by force in 2021. The National Front for the Defense of the Constitution (FNDC) denounced in a statement “the junta’s manifest desire to remain in power forever,” its “refusal”… Read More
Malawi 

Malawi: AfDB Extends Grants of $9.25 Million for Rollout of Climate Disaster Risk Financing

The funding will support the government of Malawi to develop climate risk management solutions and pay its sovereign risk premium for the transfer of drought risks under the Africa Disaster Risk Financing Programme ABIDJAN, Ivory Coast, June 10, 2022/ — The Board of Directors of the African Development Bank (www.AfDB.org) has approved two grants of $9.25 million to implement the… Read More
Africa Investments 

Ghana: Africa Fertilizer Financing Mechanism extends $2m to ETG Inputs Ghana Limited to boost farmers’ access to fertilizers

The Africa Fertilizer Financing Mechanism (AFFM) will extend a $2 million partial trade credit guarantee to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in Ghana’s Upper East, Savannah, Northeast, and Northern Regions. The move will ease the current shortages in supply and boost yields, food security, and incomes of farmers in the designated regions.… Read More
Africa Investments 

“Africa and the Bank have shown incredible resilience to the pandemic”

The Covid-19 pandemic led to a global economic recession, but what has been its impact on African economies? What makes this crisis unique is not so much its magnitude – Africa has experienced other major crises – but the confluence of multiple crises contained within it. The Covid-19 pandemic, with its countless victims, has sapped many countries of their vital… Read More
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