Category: Business

What: African Development Bank at Innovate4Climate           Who: African Development Bank and partners       When: 25 and 26 May 2022 Where: https://www.innovate4climateconference.com/   The African Development Bank will take part in the World Bank Group’s flagship climate action event Innovate4Climate (I4C) 2022 with an exhibition booth and two workshops. The I4C 2022 edition will be held virtually over three days,… Read More

The African Development Bank Group’s Board of Directors has approved a $1.5 billion Emergency Food Production Facility to help tackle the global food crisis sparked by the Russian-Ukraine conflict. The funds will help 20 million African farmers produce an extra 38 million metric tons of food to address growing fears of starvation and food insecurity on the continent. The Bank, which is Africa’s… Read More

Women and their central role in fighting climate change and sustainable land management was the focus of a special session during the 15th summit of the United Nations Convention to Combat Desertification (UNCCD) which closed Friday in the Ivorian commercial capital. In a session organized by the African Development Bank on Monday 16 May, a panel comprising female entrepreneurs, women’s… Read More

Amid a looming food crisis, Ethiopia has emerged as an African country that has taken significant steps to achieve self-sufficiency in food production. With support from the African Development Bank’s agricultural Technologies for African Agricultural Transformation program, Ethiopia has not imported grain in 2022, African Development Bank President Akinwumi Adesina emphasized during a meeting with G7 development ministers meeting on… Read More

The African Development Bank is pleased to announce the appointment of Dr. Daniel Alexander Schroth as Director of the Renewable Energy and Energy Efficiency Department, effective 16 May 2022. Prior to his appointment, Schroth, a German citizen, served as Acting Director. Schroth joined the Bank in 2012 following several senior appointments with various international organizations, including as Political and Economic… Read More

The African Development Bank is pleased to announce the appointment of Ms. Malado Kaba as Director of the Gender, Women and Civil Society Department of the African Development Bank, effective 16th June 2022. Kaba, a Guinean citizen, brings over 25 years of experience in international development and finance, covering public policy, macroeconomic policies, gender and development strategies. She is an… Read More

In 2017, 32-year-old Hamsa Hamidou of Simiri in southwest Niger’s Tillabéry region, was given a cow. Three years later, he sold it and used the money to buy a sheep and ewe. “I fattened them and then sold them. I continued this way and three years later, I had four ewes, three sheep, and a cow,” he says. Supported by… Read More

In the early 2010s, Godelive Ngalula, a trader from Kikwit, the main town of Kwilu Province in the Democratic Republic of Congo, spent a week to travel the 350 kilometres (km) to Tshikapa in Kasaï Province and 50,000 Congolese francs (about $24.5) on food. A decade later, the situation has changed. “The trip takes only about a day thanks to the… Read More