Africa Investments 

Lender Has $1 Billion Plan to Wean Africa Off Russian Wheat

https://www.bloomberg.com/news/articles/2022-03-15/africa-can-wean-off-r… By Yinka Ibukun March 15, 2022, 1:11 PM GMT A $1 billion plan to boost wheat production in Africa should be accelerated to avert potential food shortages arising from Russia’s invasion of Ukraine, according to the head of the continent’s biggest multilateral lender. The African Development Bank is raising the funds to help 40 million African farmers utilize climate-resilient technologies and… Read More
Africa Investments 

Covid-19 has opened Africa’s eyes – and the world’s – to investment opportunities says Africa Investment Forum

The Covid-19 pandemic has highlighted Africa’s urgent need for better healthcare. Unequal access to vaccines , along with   disruptions to supply chains caused by worldwide economic shutdowns have underscored the continent’s overreliance on medical and pharmaceutical imports. Investment opportunities in  healthcare and pharmaceuticals sector are  some of the areas being discussed at  the Africa Investment Forum virtual boardroom sessions taking… Read More
Development Health Advice 

Misinformation that Omicron is ‘the last COVID-19 variant’ fuelling uptick worldwide: WHO

“After several weeks of declines, reported cases of COVID-19 are once again increasing globally, especially in parts of Asia”, WHO Director-General Tedros Adhanom Gebreyesus told journalists in Geneva.  In the past week, the agency has seen an 8 per cent increase in detection of COVID-19 cases, with more than 11 million positive test results. “These increases are occurring despite reductions… Read More
Africa Investments 

2022 Business Opportunities Seminar – Spring edition

What: 2022 Business Opportunities Seminar – Spring edition Who: The African Development Bank’s Resource Mobilization and Partnerships Department When: Tuesday, 12 April 2022; 08:00-10:30 GMT (Asia)Wednesday, 13 April 2022; 13:00-15:30 GMT (Africa, Americas, and Europe) Where: Online Via Zoom                           The Resource Mobilization and Partnerships Department (FIRM) of the African Development Bank will hold the first edition of its 2022 Business… Read More
Technology 

Africa can adopt renewable energy on a massive scale and save billions along the way

By Kenneth Engblom, Wärtsilä’s VP Energy for Europe and Africa Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and society. Countries across Africa want to… Read More
Africa Investments 

Mozambique joins collaborative ICT data collection initiative developed by African Development Bank

AfDB staff along with Government of Mozambique personnel take part in the first day of training at the Radisson Blu, Maputo, Mozambique The African Development Bank has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME) project to Mozambique, making it the sixth African country to benefit from the tool which… Read More
Africa Investments 

African Development Bank delegation in Egypt to ensure success of COP27

African Development Bank Vice President Dr. Kevin Kariuki will lead a delegation to Egypt, the host country for this year’s United Nations Climate Change Conference 2022, for exploratory talks on how the Bank and Egypt can collaborate to make COP27 a truly breakthrough event for people and planet.  COP 27 is scheduled for November 2022 in the coastal city of… Read More
Africa Investments 

Africa Investment Forum Virtual Boardroom Sessions

What: The Africa Investment Forum Virtual Boardroom Sessions: Opening, Closing and Press Conference Who: The African Development Bank Group and Africa Investment Forum founding partners When: Opening session: 15 March (10:00 – 10:10 GMT); Closing session: 17 March (18:00 -18:15 GMT); and Press Conference (Media only): 17 March (18:15-18:45 GMT)  Where: Virtual The Africa Investment Forum will hold virtual boardroom… Read More
Africa Investments 

African Development Bank and World Bank executive directors explore deeper collaboration

Executive directors from the African Development Bank Group and the World Bank met in Abidjan on Thursday, March 3 to discuss a wide range of issues including the effectiveness of their work and ways of strengthening collaboration between the two institutions. The Dean of the Executive Directors of the African Development Bank Group, Mmakgoshi Lekhethe, and eight other executive directors received their World… Read More
Africa Investments 

Gender In Focus: Mozambican climate scientist says women’s contribution to climate change adaptation and mitigation in Africa is indispensable

Every March, the African Development Bank puts Gender In Focus, with a look at our work impacting women across Africa and beyond. We asked 28-year-old Mozambican Iracema Mamadu Hussein, who through a Bank-funded scholarship is pursuing her PhD in the climate change field at the University of Aveiro in Portugal, about the role of women in climate change adaptation, mitigation… Read More
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