Category: Business

Implemented in Sierra Leone between 2013 and 2021, the Rural Water Supply and Sanitation Project has increased access to safe drinking water by 13% and to safe basic sanitation by 3%. Approximately 720,000 people have benefited from rural water supply developments, while 25,371 households have gained access to safe basic sanitation. The project received UA 25.57 million ($39.38 million) in funding… Read More

The African Development Bank will release an additional $27.41 million to implement Phase II of its flagship agricultural initiative, “Technologies for African Agricultural Transformation” (TAAT). The goal is to increase farming households’ productivity and incomes by giving them access to climate-resilient technologies in 36 low-income African countries, by 2025. The decision to make this new disbursement was taken in Abidjan by… Read More

The African Development Bank Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate change and the Covid-19 pandemic. The first round of approvals is part of the Bank’s $1.5 billion African Emergency Food Production Facility, established in May to boost food security, nutrition, and… Read More

Le Conseil d’administration de la Banque africaine de développement a accordé, à la Côte d’Ivoire, le 15 juillet 2022, un prêt de 151,18 millions d’euros pour mettre en œuvre le Programme de production alimentaire d’urgence. Le programme bénéficie aussi de l’appui de l’Agence japonaise de coopération internationale (JICA), qui y contribue à hauteur de 68,14 millions d’euros. Ces financements vont… Read More

The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience. The program includes two major components: Support for the Food Security Response and… Read More

Cyriaque Ndagijimana was a modest Rwandan farmer in Bugesera, a district in Eastern Province, Rwanda, known for its many marshes. While he managed TO provide for his family, he was tired of struggling to make ends meet. I wasn’t especially poor,” he says modestly. “But I couldn’t afford to send my three children to school.”  Then he heard about the… Read More

The Board of Directors of the African Development Bank Group on Friday approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and boost livelihood resilience. The program will support fast-tracking of the implementation of key policy and institutional reforms and boost private sector participation in agriculture. This… Read More