Category: Investments

The African Development Bank’s flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa’s fashion designers, textile and accessories professionals connect with global markets. The launch took place on 25 November at the Global Gender Summit, a gathering of more than 1,500 representatives from multilateral development banks, finance institutions, governments and private sector leaders… Read More

« Les Parlementaires africains doivent parler d’une seule voix pour se faire entendre dans les négociations climatiques », a déclaré Arona Soumaré, expert principal en changement climatique et croissance verte à la Banque africaine de développement, ce jeudi lors de la 25è session de la conférence des Parties sur le Climat (COP 25).  « Pour la mise en œuvre effective de l’Accord de… Read More

While the UN climate talks are celebrating their 25th year, carbon emissions around the world have continued to climb. For many, that is where natural solutions could play a key role in managing a dramatic climate transition. Nature-based solutions or the process of working with and around natural ecosystems to deliver real-world benefits for climate resilience and sustainable development, took… Read More

African Development Bank President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders Awards (AABLA™), Thursday, in recognition of his bold leadership and the innovation of the Africa Investment Forum which “opened up billions of dollars of investment into the continent.” The ninth edition of the awards, organized by AABLA™ in conjunction with… Read More

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the Fund, which is the concessional window of the African Development… Read More

The African Legal Support Facility (ALSF) Management Board, the legal support arm of the African Development Bank, met in Abidjan, to review the institution’s activities, work plan and budget for 2020. “This is an opportunity for us to review and deliberate on ALSF interventions, which contribute meaningfully to development in Africa,” ALSF Board Chairperson, Gaston Kenfack, said in his opening… Read More

Dans la vallée de Boukitingho, en Basse-Casamance, les jeunes et les femmes s’activent dans les champs rizicoles. Tokyo, l’un d’eux, est tout heureux. « Grâce à la digue construite par le P2RS, nous pouvons labourer toutes les parcelles alors qu’avant, on ne pouvait labourer qu’une ou deux parcelles à cause de la rareté de l’eau », explique-t-il. Le P2RS est le Programme… Read More

A Sanankoro, dans la région de Kolda (sud du Sénégal), l’apiculture est devenue une activité prospère. La COOPAN, coopérative des apiculteurs du Niampampou, qui a aménagé une miellerie de 65 m2 composée d’une salle de transformation et un bloc d’hygiène, tire profit du fort potentiel de la région. « Avant, nous produisions du miel avec des ruches traditionnelles installées dans la… Read More

Africa must work as one to turn the continent’s ‘youth bulge’ into opportunities, delegates at the closing of the 2019 African Economic Conference said on Wednesday. The three-day conference in Sharm El Sheikh, Egypt, discussed initiatives for boosting entrepreneurship, improving the business ecosystem, access to capital and better infrastructure – all to create decent jobs for the continent’s unemployed and… Read More

In 38 of the continent’s most vulnerable countries, the African Development Fund or ADF is enhancing livelihoods by promoting regional integration, fostering businesses and enhancing food security through its investments in power projects, roads and bridges. ADF’s work and support began over four decades ago. The fund, administered by the African Development Bank, comprises 32 contributing states and benefits 38 countries.… Read More