Africa Investments 

Sustainable and Responsible Finance

The webinar, titled Sustainable and Responsible Finance: Lending and investing with care for environmental and social impacts, will bring together expert panelists to discuss the importance of sustainable and responsible finance in Africa. Panelists will share their perspectives on: How financial institutions can develop a holistic environmental and social framework that has a positive impact, aligned with the best practices… Read More
Africa Business World 

Azimo offers free remittances amid gloomy World Bank predictions

– – Azimo, the digital money transfer service, is offering a fee-free transfer for all senders on June 16, the UN’s International Day of Family Remittances, after remittance volumes in 2020 beat expectations. The International Day of Family Remittances was launched in 2015 to raise awareness of the contribution that migrant workers make to the economies of their home countries.… Read More
Africa Business World 

10 Best Profit-Making African Business Ideas

– – Despite the impact of the pandemic, the African economy is expected to increase this year, and the number of new millionaires on the continent is growing at an exponential rate; with its wealth of resources and untapped investment potential, African business possibilities could be a lucrative option for entrepreneurs, individuals and investors.  Let’s have a look at the… Read More
Development Health Advice 

Five polio vaccination workers shot dead in Afghanistan; UN condemns ‘brutal’ killings

The UN humanitarian coordination office OCHA, said the deaths and injuries occurred during five separate attacks on health workers – the latest in a recent spate which saw three health workers killed in March during the national polio vaccination effort in Nangahar. Earlier this month, humanitarian workers with the Halo Trust demining group, came under attack in northern Afghanistan,  where extremists… Read More
Development Health Advice 

‘Digital dumpsites’ study highlights growing threat to children: UN health agency  

In a statement coinciding with the launch, WHO Director-General Tedros Adhanom Ghebreyesus warned that the health threat was growing, in line with the “mounting ‘tsunami of e-waste’”.  “In the same way the world has rallied to protect the seas and their ecosystems from plastic and microplastic pollution, we need to rally to protect our most valuable resource –the health of our children… Read More
Africa Investments 

Appointment of Director, Financial Management, Mr. Jacques DJOFACK

The African Development Bank Group is pleased to announce the appointment of Mr. Jacques DJOFACK as Director, Financial Management, effective 1st June 2021. Jacques, a French national, brings to this role almost 20 years of international experience and expertise in Financial Risk Management from both Development Banks and Commercial Banks in Africa and Europe. Prior to his appointment, Jacques served… Read More
Development Health Advice 

Domestic workers among hardest hit by COVID crisis, says UN labour agency

Ten years on from the landmark adoption of the International Labour Organization Convention that confirmed their rights, ILO Director-General Guy Ryder insisted that despite “real progress” in labour laws and social security provision in some countries, these “essential service providers” had rarely been so vulnerable in many others. “These workers lost their jobs in greater numbers or saw their hours of work… Read More
Africa Investments 

Appointment Announcement : Vice President, Agriculture, Human and Social Development, Dr. Beth Dunford

The African Development Bank Group is pleased to announce the appointment of Dr. Beth Dunford as Vice President, Agriculture, Human and Social Development, effective 1st July 2021. Dr. Dunford, a national of the United States of America, brings extensive experience to this role. She has held senior level leadership positions in the US government where she managed large and complex… Read More
Africa Investments 

Building back better: African Development Bank to launch Strategy for Economic Governance in Africa

What:     Launch of the Strategy for Economic Governance in Africa 2021-2025 Who:      The African Development Bank When:     Friday, 2 July 2021, 10:30-11:30 GMT Where:    Virtual On Friday, 2 July 2021, the African Development Bank will launch a comprehensive five-year Strategy for Economic Governance in Africa (SEGA). The strategy will serve as the Bank’s operating manual for fostering public… Read More
Africa Investments 

G7 Development Finance Institutions and multilateral partners to invest over $80 billion into African businesses over the next five years

The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa. The Covid-19 pandemic has caused a severe global economic and health crisis.… Read More
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