Africa Investments 

Climate finance in Africa: African Development Bank spearheading innovative mechanisms and instruments

 At its Annual Meetings in Sharm El-Sheikh, Egypt, from May 22-26, 2023, the African Development Bank will explore innovative approaches to boost private sector finance for climate action on the continent. Africa contributes the least – less than 3% — to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the… Read More
Africa Investments 

Zimbabwe commits to implementing key reforms to resolve debt burden, end 21 years of sanctions

Zimbabwe President Emmerson Mnangagwa has reassured development partners and creditors that his government is committed to the implementation of key reforms critical to resolving the country’s nearly $8.3 billion of debts and arrears.  He was speaking during the high-level debt resolution forum held Monday in the capital Harare, that was also addressed by the President of the African Development Bank Dr. Akinwumi… Read More
Africa Investments 

The African Development Bank invests in energy efficiency a central pillar for energy transition

“Energy efficiency is no longer an option, it is a priority because we are in a climate emergency,” says Jalel Chabchoub, chief investment officer in the African Development Bank‘s Renewable Energy and Energy Efficiency Department. Today, we no longer talk about climate change or global warming, but rather about “climate shock,” Chabchoub continues. He encourages countries to “act at the… Read More
Africa Investments 

African Development Bank Group Annual Meetings in Egypt: an ideal setting for concrete proposals towards inclusive, sustainable growth in Africa

African Development Bank Group Annual Meetings in Egypt: an ideal setting for concrete proposals towards inclusive, sustainable growth 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 

Namibia recognises same-sex marriages contracted abroad

Namibia’s Supreme Court on Tuesday recognised same-sex marriages contracted abroad between citizens and foreign spouses, a landmark ruling in a country where homosexuality is illegal. The decision overturns a ruling reached last year by the High Court, which refused to accept same-sex marriages concluded outside Namibia. Two Namibian nationals had sought recourse from the courts after the ministry of home… Read More
Africa 

African peace mission to visit Ukraine and Russia

South African president, Cyril Ramaphosa, announced on Tuesday that six African leaders are planning to travel to Ukraine and Russia to help find a solution to the war. Ramaphosa added that Russian president Vladimir Putin and the Ukrainian leader Zelenskyy had agreed to receive the African peace mission in their respective capitals. “The two leaders that I had occasion to speak… Read More
Africa Investments 

Virtual consultation on the preparation of the new African Development Bank Group’s Ten-Year Strategy

The African Development Bank is pleased to inform you that a virtual consultation workshop on its forthcoming new Ten-year strategy 2023-2032 (TYS) will be held with Regional Economic Communities on 15th May 2023 (10.00 – 11.00 am GMT). The new TYS will provide a vision of how the Bank can build on its achievements over the last decade to accelerate… Read More
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