Africa Investments 

Strong partnerships, boldness needed to tackle Covid-19 challenges, Ghanaian President Akufo-Addo says at African Development Bank Annual Meetings

Participants in the opening ceremony of the African Development Bank Group’s annual meetings on Wednesday issued forceful calls for action to secure access to Covid-19 vaccines and tackle mounting debt – two challenges that stand in the way of Africa’s recovery from the pandemic. Covid-19 provided a pressing backdrop to the meetings, which were held virtually for the second consecutive… Read More
Africa Investments 

Entrepreneurship is critical to Africa’s transformation – African Development Bank

A June 2021 African Development Bank White Paper, Entrepreneurship and Free Trade: Africa’s Catalysts for a New Era of Economic Prosperity, states that entrepreneurship must be at the heart of efforts to transform Africa’s economic prospects. The paper posits the Covid-19 crisis has triggered shifts that open up prospects for enhancing resilience and economic growth. As African economies begin rebounding… Read More
Africa Investments 

Strengthening the Bank’s position as the premier knowledge broker in Africa

Following the onset of the Covid-19 pandemic, Africa experienced its worst recession in half a century in 2020. GDP contracted 2.1 percent, in contrast to the 4 percent growth rate that had been projected before the crisis. This year, Africa’s economic growth is forecast to recover to 3.4 percent, and, in the medium term, higher still. However, recovery remains conditional… Read More
Development Health Advice 

Link between education and well-being never clearer, UN pushes for ‘health-promoting’ schools

There has been increased stress, anxiety and other mental health issues, while an estimated 365 million primary school students have gone without school meals, according to the World Health Organization (WHO) and the UN specialized agency handling education issues, UNESCO.   Based on a set of eight global benchmarks, Global Standards for Health-promoting Schools, calls for all classrooms to promote life skills, cognitive and socioemotional skills and healthy lifestyles for… Read More
Africa Investments 

Women-led plastic recycling market in Africa

What: Webinar on women-led plastic recycling market in Africa Who: African Development Bank and partners When: 29 June 2021; 10:00-11:30 GMT Where: Virtual – Register here. The African Development Bank will host a webinar on 29 June 2021 on the women-led plastic recycling market in Africa.   The session will feature various works and studies on the involvement of women… Read More
Africa Investments 

Africa should produce vaccines on the continent, African Development Bank Group head says on eve of the group’s 2021 Annual Meetings

African Development Bank Group president Dr Akinwumi A. Adesina has again urged regional leaders to focus on vaccine production and access for the African continent as the Covid-19 epidemic continues to take lives and hurt economies and livelihoods. Adesina addressed leaders of the Economic Community of West African States (ECOWAS) at a special summit held on Saturday, just days before… Read More
Development Health Advice 

COVID-19: First mRNA vaccine tech transfer hub a ‘great step forward’

The facility will allow manufacturers from developing countries to receive training in how to produce vaccines, and the relevant licenses to do so, as part of global efforts to scale-up access to lifesaving treatments.  Vaccine inequity has demonstrated that in a crisis, low-income countries can’t rely on vaccine-producing countries to supply their needs.Delighted to announce with my brother President @CyrilRamaphosa,… Read More
Africa Investments 

Fashionomics Africa teams up with Vogue Italia, Facebook, key digital media players to help fashion entrepreneurs stand out

More than 4.5 billion active internet users, or 60% of the world’s population, have an online presence, according to Statista, an online market and consumer data firm. Tapping that audience is critical to grow businesses and brands. A recent Fashionomics webinar brought together fashion and textile industry experts to explore ways to leverage digital media platforms to boost African fashion.… Read More
Africa Business West Africa World 

West African countries to adopt single currency in 2027

– – Ecowas leaders have agreed to now work towards launching a single currency by January 2027. The West African regional bloc had planned to adopt the currency called Eco in 2020 but said the road map was disrupted by the Coronavirus pandemic. On Saturday however the West African leaders at a summit in Ghana’s capital, Accra agreed a new… Read More
Development Health Advice 

COVID-19: Vaccines donated next year, ‘too late for those who are dying today’

That was one of the main messages relayed to reporters on Friday by World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus, who said if richer countries and pharmaceutical companies wait to donate and produce more shots until next year, that will be “too late for those who are dying today.” Lauding Guinea’s expected announcement on Saturday that its latest Ebola… Read More
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