Africa Investments 

African Development Bank, African Continental Free Trade Area Secretariat, Sign $11 Million Institutional Support Grant Agreement

The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation. The signing took place on 25 July 2022, on the margins of the ninth meeting of the AfCFTA Council of Ministers responsible for trade, held in… Read More
Africa Investments 

Sierra Leone: African Development Fund approves $2 million grant to boost food production

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a grant of $2 million to boost food production in Sierra Leone. The program falls under the African Development Bank Group’s $1.5 billion African Emergency Food Production Facility, a response to the global food crisis that resulted from the Russia-Ukraine… Read More
Africa Investments 

Tenin Traoré: the "working housewife" who has seen her life change thanks to the new market

Every day, in Baguinéda, a small rural town in Kati Circle in the Koulikoro region of southern Mali, Tenin Traoré sells her biscuits on a sidewalk corner. Baguinéda  town has 32 villages and nearly 60,000 inhabitants. At 40 years old, married and with 12 children, Tenin describes herself as “a working housewife”. Taking care of twelve children is not an… Read More
Africa Investments 

Rethink development climate finance to get to net zero, African Development Bank DG says at OPEC Fund Development Forum

Creating fiscal space for development finance and stepping up regional infrastructure projects will be vital to Africa’s road to achieving net zero, African Development Bank Director General for Southern Africa Leila Mokaddem told participants at the OPEC Fund’s inaugural Development Forum. “We need to rethink the way we finance development. We need to put more resources into institutions like the… Read More
Development Health Advice 

Monkeypox: How it spreads, who’s at risk – here’s what you need to know

What is Monkeypox? Monkeypox got its name in 1958, when it was detected in several laboratory apes. It is a zoonotic viral disease, which means it can be transmitted from animals to humans. It can also pass from human to human. Human monkeypox was first identified in 1970 in the Democratic Republic of the Congo (DRC) in a 9-month-old boy,… Read More
Africa Investments 

‘We’ve forgotten about the rain.’ Water management project brings relief from flooding in Yaounde, Cameroon’s capital

Florence Latila remembers the destruction that flooding caused in Yaounde, the Cameroonian capital for over three decades from 1980. “When it rained, the water could reach my waistline. It was not possible to access the area to work on many days,” Latila said. About 2.8 million of the country’s 26 million inhabitants reside in Yaoundé. Over 130 floods struck the capital between 1980… Read More
Development Health Advice 

‘Do one thing’ to save lives on World Drowning Prevention Day: WHO

The appeal on World Drowning Prevention Day outlines actions that individuals, groups and governments can take, and highlights initiatives already underway in some countries.  The majority of drowning deaths, more than 90 per cent, occur in low- and middle-income nations, with children under five at greatest risk.  Most deaths preventable  These deaths are frequently linked to daily routine activities, such… Read More
Africa Investments 

African Development Bank debars Entreprise de Commerce et de Construction Immobilière for nine months for fraudulent practices

The African Development Bank Group, on 25 July 2022, announces the nine-month debarment of Entreprise de Commerce et de Construction Immobilière with effect from 27 June 2022. Entreprise de Commerce et de Construction Immobilière is a limited liability company registered under the laws of the Republic of Côte d’Ivoire. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption… Read More
Development Health Advice 

Monkeypox declared a global health emergency by the World Health Organization

“For all of these reasons, I have decided that the global monkeypox outbreak represents a public health emergency of international concern”, the World Health Organization’s Director, Tedros Adhanom Gebreyesus, announced on Sunday during a press conference. Tedros indicated that the current risk of Monkeypox is moderate globally and in all regions, except in the European region where the risk is… Read More
Social media & sharing icons powered by UltimatelySocial