Africa Investments 

African Development Bank Annual Meetings 2022: Time to tackle triple crises of food, energy and finances, says Ghanaian Finance Minister

Ghanaian Finance Minister Ken Ofori-Atta on Thursday emphasized the nation’s partnership with the African Development Bank in its development as he addressed journalists at a press conference to publicize the institution’s upcoming annual meetings. Ofori-Atta described the meetings as seminal, in the context of a world seeking to rebalance in the wake of Covid-19 and the war in Ukraine. “The… Read More
Africa Investments 

COP15: Global GDP could gain $140 trillion a year, if we achieve the objectives of the UN Convention to Combat Desertification

The global economy could increase by more than $140 trillion a year, or 1.5 times the annual global GDP, if the objectives of the United Nations Convention to Combat Desertification (UNCCD) are achieved, participants heard during a side-event at the 15th summit of the UNCCD. Camilla Nordheim-Larsen, Senior Partnerships and Resource Mobilization Coordinator at the UN Convention, noted that action… Read More
Africa Investments 

African Development Bank Group seeks US support for $1.5 billion emergency food plan for Africa

The president of the African Development Bank Group, Dr. Akinwumi Adesina, made a compelling case, on Wednesday, for the United States to back the institution’s $1.5 billion emergency food production plan. The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine. The Bank chief, and a panel of witnesses, testified about global food insecurity… Read More
Africa Investments 

COP15 : les chefs d'État africains se mobilisent contre la sécheresse et pour la restauration des terres à la quinzième Conférence des parties à…

Neuf chefs d’État africains, de hauts responsables d’organisations panafricaines et internationales ont assisté lundi, à l’ouverture d’un sommet de haut niveau consacré à la sécheresse et la restauration des terres. Le sommet, une initiative du président ivoirien, Alassane Ouattara, est organisé en marge de la quinzième Conférence des parties (COP15) de la Convention des Nations unies sur la lutte contre… Read More
Africa Investments 

Niger : la Banque africaine de développement soutient le développement des marchés de capitaux nationaux

Le gouvernement du Niger et le Groupe de la Banque africaine de développement ont lancé jeudi, à Niamey, un projet de 450 000 dollars américains pour soutenir le développement des marchés de capitaux nationaux dynamiques au Niger. La subvention, provenant du Fonds fiduciaire pour le développement des marchés des capitaux de la Banque, impliquera l’élaboration aussi bien de la stratégie… Read More
Africa Business Ghana World 

Ghana’s inflation rises to highest level in 18 years

– – Ghana’s inflation rate has risen to the highest level in more than 18 years in April. Inflation for the month rose to 23.6% from 19.4% in March. Government Statistician Professor Samuel Kobina Annim told journalists in Accra that the rate is the highest since January 2004. Food-price growth surged to 26.6% year-on-year from 22.4% in March and non-food… Read More
Africa Business West Africa World 

Ghana to host West African Mining and Power Exhibition and Conference

– – The West African mining industry is thriving. As one of the world’s largest gold-producing regions, it also supplies 22.6% of global titanium oxide, 11.5% bauxite (used to create aluminum) and 5.6% uranium. Each year, its countries export minerals worth around US$16.1bn. At the mining helm is Ghana, a modern, democratic powerhouse that leads the continent’s mineral production and… Read More
Africa Investments 

Is Africa ready for green growth? New report assesses Gabon, Kenya, Morocco, Mozambique, Rwanda, Senegal and Tunisia

A new report co-authored by the African Development Bank and the Global  Green Growth Institute, has found evidence of growing political commitment to green growth in Africa. The Africa Green Growth Readiness Assessment Report was launched on Wednesday during a side-event at the 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification,… Read More
Africa Investments 

Anoumabo Urban Music Festival

What:     Roundtable discussion Who:      Civil Society and Community Engagement Division, African Development Bank When:    Friday 13 May 2022, from 10.00 to 12.00 GMT Where:   Hybrid (face-to-face at the National Institute of Youth and Sports in Marcory, Abidjan, and virtually). The Civil Society and Community Engagement Division of the African Development Bank, together with the Department of Human Capital, Youth and… Read More
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