Category: Business

The African Development Bank has launched preparations for its next five-year Mozambique country strategy after a trying period that included cyclones, security challenges and the Covid-19 pandemic. The African Development Bank, in coordination with Mozambique’s Ministry of Economy and Finance, hosted a workshop on 12, 13 and 16 May 2022 on the Bank’s 2018-2022 Country Strategy Paper completion report, which… Read More

The African Development Bank and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new program to build the capacity of municipal chief financial officers across the continent. The Municipal CFO Initiative was announced during the 9th Africities Summit held recently in Kisumu, Kenya.   The new initiative will… Read More

What:    Panel discussion: Innovation in official statistics – hype or here to stay? Who:     African Development Bank When:   8 June 2022, 14:00pm – 15:30 GMT Where:  Virtual – Register here. The discipline of official statistics is poised for a revolution, with the emergence of data science. In its traditional form, official statistics have been about managing massive outbound and reverse… Read More

The Independent Development Evaluation (IDEV) unit at the African Development Bank has published two evaluation reports that examine the relevance, effectiveness, efficiency and sustainability of the Bank’s work in transition states, countries where the main development challenge is fragility. The first report analyzed the implementation of the Bank’s 2014-2019 Strategy for Addressing Fragility and Building Resilience in Africa. During the… Read More

Kenya is making rapid progress in the construction of its part of the Great Trans-African highway that runs from Cairo in Egypt to South Africa’s Cape Town. The 84km Kenol-Sagana-Marua highway, which runs through central Kenya, is being upgraded from a single lane road to a dual carriageway. It is expected to be completed in six months, two years earlier… Read More

When Hawa Koroma moved to Kenema in Sierra Leone’s Eastern Province twelve years ago, she was looking for a fresh start following the civil war, which claimed her husband’s life. She could not have imagined how the move to this city 200km from the capital Freetown would change her life. Koroma, a paraplegic and widowed mother of five, arrived in… Read More

The African Development Fund (ADF) has celebrated 50 years of driving socioeconomic development in Africa’s most fragile countries. Held during the African Development Bank Group’s Annual Meetings—23 to 27 May—the event brought together beneficiaries and donors to speak about the impact and performance of the Fund. It also featured live performance and video.   Ana Monteiro, an environmental project coordinator… Read More