Africa Investments 

Africa Road Builders: Tanzanian President Samia Suluhu Hassan wins the 2022 Babacar Ndiaye Trophy for transport success

Tanzanian President Samia Suluhu Hassan has been named the 2022 winner of the Africa Road Builders–Babacar Ndiaye Trophy. The prize is awarded to leading figures in Africa who have demonstrated their commitment to the development of transport infrastructure on the continent. The selection committee for the award commended Hassan for her “personal leadership, huge investments and commitment” to extending roads… Read More
Africa Investments 

Malawi: Country strategy sparks transformation in agriculture

Some 250 young agricultural entrepreneurs were trained, 10,000 people gained access to agricultural loans and 12 small agricultural businesses have been created. In total, 8,000 new irrigation projects were launched. Malawi has achieved significant progress in its agricultural sector, helped by a country strategy drafted by the African Development Bank. The 2018-2022 strategy also supported progress in the transport sector,… Read More
Development Health Advice 

Ukraine war linked to ‘massive malnutrition crisis’ affecting millions in other emergencies

Six weeks since Russia invaded its neighbour, the UN Children’s Fund, UNICEF, said that imports have been disrupted to the Middle East and North Africa – where more than 90 per cent of food comes from abroad. Prices have also risen for essentials, including wheat, cooking oil and fuel and if this situation continues, “it will severely impact children, especially… Read More
Africa Investments 

Sahel Alliance’s 3rd General Assembly strengthens commitments to Sahelian populations

Representatives of the Sahel Alliance and its partners met in Madrid on 4 April 2022, under the chairmanship of the Spanish Minister of Foreign Affairs, European Union and Cooperation, for the Sahel Alliance’s 3rd General Assembly. Deeply concerned by the deterioration of the political and security situation, the escalation of crises and a worsening food situation in several G5 Sahel… Read More
Africa Investments 

Zimbabwe: African Development Bank notes progress on arrears clearance

African Development Bank officials and representatives of the Zimbabwe government met on Wednesday to discuss the nation’s arrears clearance and ongoing partnership between the southern African nation and the development institution. They noted progress in Zimbabwe’s reform agenda. African Development Bank Group Vice President Yacine Fal and a delegation on a tour of two southern African countries, held talks with… Read More
Development Health Advice 

World Health Day: Take climate action, take care of each other

In its call-to-action, the World Health Organization (WHO) issued a shocking report on Monday, noting that 99 per cent of people breathe unhealthy air – mainly resulting from the burning of fossil fuels. “The climate crisis is a health crisis: The same unsustainable choices that are killing our planet are killing people,” said WHO Director-General Tedros Adhanom Ghebreyesus. Health and social… Read More
Africa Investments 

African Development Bank New Series of African Country Gender Profiles Show Progress in Addressing Gender Discriminatory Law

New reports the African Development Bank has produced on Benin, Djibouti, Somalia, Zimbabwe and Liberia show the countries have successfully put national policies in place to advance gender equality. At the same time, the Covid-19 pandemic has sharpened the challenges women face.   Prepared in collaboration with the countries and the international partner, UN Women, the Bank’s country gender profiles evaluate… Read More
Africa Investments 

Stakeholders discuss African ports and the role of the blue economy in integration

The African Natural Resources Center of the African Development Bank brought together a range of stakeholders on 30 March to explore ways to integrate African ports more effectively into the blue economy. Participants at the meeting—including representatives of the African Development Bank, the African Union Development Agency, governments, and regional bodies—agreed on the pressing need to develop national strategies to… Read More
Africa Business Featured World 

Why the AU is pushing for an African credit rating agency

– – There is an urge and surge from the African Peer Review Mechanism (APRM), an organization under the African Union to work towards establishing an African-owned credit rating agency by the end of this year. The need for such African Credit Rating Agency followed complaints from some African countries that credit rating agencies from the West aren’t being fair… Read More
Africa Business Nigeria News and Headlines World 

Dangote’s oil refinery to begin production in last quarter of 2022

– – Dangote’s oil refinery plant will begin production by the fourth quarter of 2022, Group Executive Devakumar Edwin has said. The 650,000 barrels per day (bpd) plant is being built in Nigeria was to become operational by 2019 but that deadline delayed. In 2018 when it was projected that the plant will only become operational in 2022, Edwin rejected… Read More
Social media & sharing icons powered by UltimatelySocial

Subscribe