Development Health Advice 

Build momentum to ‘finish the job’ and end COVID-19 pandemic, Guterres urges

Mr. Guterres celebrated rising vaccination coverage worldwide, particularly among high-risk populations, and the fact that, on average, countries have vaccinated around three-quarters of health care workers and older people. COVID-19 measures are increasingly integrated into routine health programmes, and new antiviral drugs are about to become available. Gaps remain However, gaps in coverage and protection remain, said Mr, Guterres. There… Read More
Africa Investments 

Business Opportunities Seminar: Fall 2022 Edition

What:        Business Opportunities Seminar, Fall 2022 Edition Who:         African Development Bank’s Resource Mobilization and Partnerships Department When:       Wednesday, 12 October 2022; 08:00-10:30 GMT (Asia)                   Thursday, 13 October 2022; 13:00 to 15:30 GMT (Africa, Americas and Europe) Where:      videoconference (via Zoom) The Resource Mobilization and Partnerships Department of the African Development Bank will hold the 2nd edition of… Read More
Africa Investments 

Senegal: African Development Bank provides €29 million for development of road networks 6 Communes

The Board of Directors of the African Development Bank Group has approved a €28.88 million loan for improvements to the road and transport network linking six Senegalese municipalities.  The loan was approved on 20 September 2022. The financing will be sourced from savings from the Senegal Cities Modernisation Programme. The funds will support the construction of 28 kilometers of urban… Read More
Africa Investments 

Connecting Africa conference

WHAT:       Connecting Africa conference WHO:        African Development Bank, TRANSNET WHEN:      Friday, 23 December 2022; 09:00– 17:00 ( CAT)/ 07:00-15:00 GMT WHERE:   Johannesburg, South Africa The African Development Bank and Transnet will jointly hold a one-day conference on 23 December 2022 to highlight the financing gap for African infrastructure projects and explore available financing opportunities. The conference will brainstorm solutions to… Read More
Africa Investments 

Global Leadership Council unveiled to scale up clean, reliable energy and stop global warming

The battle to stop global warming from rising above the catastrophic 1.5 degree Celsius received a boost on Wednesday as the newly launched Global Leadership Council got down to business during the 77th session of the UN General Assembly in New York. The Council is made up of a diverse and growing coalition of global leaders including the President of the… Read More
Africa Investments 

Global Environment Facility, African Development Bank’s SEFA provide $20 million to expand Covid-19 Off-Grid Recovery Platform

The Board of Directors of the African Development Bank Group has approved a $20 million concessional investment to support the second phase of the Covid-19 Off-Grid Recovery Platform (CRP). The CRP is a blended finance initiative to unlock private capital for energy access companies to mitigate the negative impacts of the pandemic while advancing access to clean electricity and ensuring… Read More
Africa Investments 

NEPAD-Infrastructure Project Preparation Facility holds 35th oversight committee meeting

The New Partnership for Africa’s Development-Infrastructure Project Preparation Facility (NEPAD-IPPF) holds its 35th oversight committee meeting today 22 September 2022. NEPAD-IPPF is a multi-donor special fund, hosted by the African Development Bank. Its mandate is to spur sustainable infrastructure development on the African continent through the preparation of bankable, investment-ready projects. It does this by providing grants and expertise to… Read More
Development Health Advice 

Seven Ebola cases, one death confirmed in Uganda, WHO scales up response

So far, seven cases of the rare Sudan strain of the virus, including one death, have been confirmed in the east African country. The announcement comes two days after WHO confirmed the first new case, after six suspicious deaths were reported in Mubende district earlier this month. Forty-three contacts have been identified, and 10 people are believed to have caught… Read More
Africa Investments 

No time to waste. Ministerial meeting calls for urgent financing for countries most vulnerable to climate change

With barely two months to go before the UN Climate Change Conference (COP27) in Egypt, Africa and other developing parts of the world that bear the severest brunt of climate change are warning against turning it into a mere talking shop of promises. African Development Bank Group President Dr. Akinwumi Adesina and speakers at the 2nd ministerial meeting on climate… Read More
Africa Investments 

African Domestic Bond Fund lists on Botswana Stock Exchange

The African Domestic Bond Fund (ADBF), an exchange-traded fund, has been listed in the local Pula currency on the Botswana Stock Exchange (BSE). The listing, on 15 September 2022, follows the Fund’s primary US dollar listing on the Mauritius Stock Exchange in 2018. The Pula-denominated listing will offer investors an innovative tool to gain exposure to African local currency fixed… Read More
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