Category: Investments

The African Leaders for Nutrition (ALN) have unveiled a position paper calling upon African Heads of State and Governments to ensure that financing for nutrition is included in their country’s COVID-19 response and recovery plans. The position paper, titled “Embedding Nutrition within the COVID-19 Response and Recovery,” was sent to African member states by His Majesty King Letsie III of… Read More

A panel of gender, nutrition and food specialists explored food access challenges that vulnerable groups such as women and children face in Africa’s urban areas, at the African Green Revolution Forum held last week.  The online discussion had an added urgency in the wake of the COVID-19 pandemic, according to organizers of Africa’s largest agriculture conference.  African Development Bank Director… Read More

Participants at a webinar to present the African Development Bank’s African Economic Outlook Supplement to Asian audiences on Monday have endorsed the report as critical for post-COVID-19 Africa. The supplement revises the growth projections and outlook for Africa for 2020 and 2021 and highlights the impact of COVID–19 on Africa’s socio-economic landscape. It recommends policy responses to safely reopen economies… Read More

8th UN Secretary-General Ban Ki-moon joins AfDB President Adesina, IMF Managing Director Kristalina Georgieva and other global leaders to launch Global Center on Adaptation’s regional office in Africa | African Development Bank – Building today, a better Africa tomorrow <!– Read More

The provision of additional funds for the Water Supply and Sanitation Programme (WSSP) in  Uganda in 2015, has helped improve access to water and sanitation for one hundred thousand people in the east of the country, according to a recent report by the African Development Bank. The funding, amounting to $8.3 million, was used to preserve and improve the resilience… Read More

What: Webinar for the Asian Private Sector on Doing Business in Africa Who: African Development Bank When: Wednesday, 23 September 2020, 08.00 am to 10.00 am GMT13.30-15.30 pm, (Delhi), 16.00-18.00 pm, (Beijing),17.00-19.00 pm, (Seoul) Where: Virtual Until the COVID-19 pandemic, Africa was the second fastest growing continent outside Asia. The continent’s growth over the past decade, has seen the longest… Read More

Representatives of the African Development Bank, governments, Development Finance Institutions, the private sector and  professional associations joined a September 8 workshop to discuss how the Bank can strengthen support for Public Private Partnerships and channel greater investment toward economic and social infrastructure. The event, titled Designing the African Development Bank’s PPP Framework, was hosted virtually by the Bank.  The workshop… Read More

The African Development Bank’s Board of Directors on Wednesday approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilize a continental response to curb the COVID-19 pandemic. The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020, chaired by H.E.… Read More

A panel of some of Africa’s most promising small and medium-enterprise (SME) agripreneurs gathered online to call for more selective investment, accelerated business acquisitions and increased cooperation to help Africa feed itself and the world. The African Development Bank organized the virtual session, Integrating African Food Systems through the Lens of SME Champions, as a side-event ahead of Africa’s largest agriculture… Read More

The new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019, gives the country a high-end port facility. The terminal, commissioned in August 2019, is now fully operational, according to a report by the African Development Bank published on 3 September 2020. Constructed on 40 hectares of land reclaimed from the ocean as part of… Read More