Category: Investments

What: Addressing Hidden Hunger Through Agriculture: Progress with Biofortification in West Africa Who: African Leaders for Nutrition (ALN) and HarvestPlus When: 15 September 2021 at 11:00-13:00 UTC Where: Virtual The African Development Bank is hosting a webinar organized by the African Leaders for Nutrition initiative (ALN) and HarvestPlus. The session will feature speakers from West Africa. Participants will discuss the… Read More

The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, has received the Leadership Person of the Year award from the Leadership Newspaper Group in Nigeria. The award was given “in recognition of his impeccable public service record and extra-ordinary accomplishments in driving the growth and development of the African Development Bank Group.” Senior Vice President, Leadership Group Limited, Azubuike Ishiekwene,… Read More

The African Development Bank, in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali, Niger and Somalia. The initiative is expected to strengthen recovery in the wake of the Covid-19 pandemic. The new initiative will enhance the sustainability of water… Read More

For years, Josephine Mbayo watched as fights broke out in her community over water. “There was only one hand pump for all the sections that everyone queued at to get water from as early as 4am,” says the 48-year-old refugee from the Democratic Republic of Congo, who lives in the Tongogara Refugee Camp in a semi-arid part of Zimbabwe. She… Read More

Global leaders stressed the critical urgency of climate adaptation when they came together in Rotterdam, the Netherlands, on Monday at a meeting of the Friends of the Global Center on Adaptation (GCA). The agenda was the acceleration of adaptation solutions ahead of November’s United Nations global climate summit, COP26. The leaders underlined the imperative for all countries to step up… Read More

The African Development Bank Group is pleased to announce the appointment of Mr. Solomon Mugera as Director, Communication and External Relations, effective 1 October 2021. Mr. Mugera, a Kenyan national, brings extensive experience to this role. He is a seasoned journalist and media manager with over 20 years of expertise working internationally. As Head of Journalism for the British Broadcasting… Read More

Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA with a stable outlook. The agency commended the African Development Bank for its strong member-country support, as evidenced by the seven general capital increases it has carried out to date. The report reflected on the institution’s financial structure, risk management and funding, noting that JCR… Read More

What:    East and Southern Africa Fertilizer Financing Forum Who:     Africa Fertilizer Financing Mechanism, African Fertilizer and Agribusiness Partnership and Afriqom When:   28 October 2021 at 9.00 GMT Where:   Virtual Theme: Strengthening Regional Collaboration to Finance Fertilizer in the Agribusiness Value Chain The East and Southern Africa Fertilizer Financing Forum will promote partnerships that enhance access to finance and agricultural… Read More

When Jean Damacene arrived at the Tongogara Refugee Camp in Zimbabwe, he was 38 years old and hoping to return to his country Rwanda soon. Eighteen years later, the maize farmer is married with children – a boy and five girls – who live with him in the camp. To support his family, he works the land on a plot… Read More

South Sudan has begun producing oxygen following the successful installation of the country’s first oxygen plant at Juba Teaching Hospital, set up with funding from the African Development Fund. The oxygen plant was procured as part of measures to support the country’s ongoing Covid-19 response with a grant from the African Development Bank Group’s concessional lending arm. The project was… Read More