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
Development Health Advice 

COVID-19 cases drop for seventh week, but deaths fall less slowly: WHO

However, while weekly cases are at their lowest since February, “deaths are not falling as quickly”, Tedros Adhanom Ghebreyesus, Director General of the World Health Organization (WHO), told journalists in Geneva.  “The number of deaths reported last week was similar to the previous week, and the global decline masks a worrying increase in cases and deaths in many countries”, he… Read More
Africa Investments 

2021 Annual Meetings of the African Development Bank Group

SAVE THE DATE   2021 Annual Meetings of the African Development Bank Group Building Resilient Economies in Post Covid-19 Africa 23-25 June 2021 Virtual event ———————————————– Public sessions Wednesday 23 June Formal Opening Ceremony High Level Knowledge Event: “From Debt Resolution to Growth: The Road Ahead for Africa”   Thursday 24 June Knowledge Event 1: “Climate Change and Green Growth”… Read More
Development Health Advice 

Landmark G7 agreement pledges 870 million COVID-19 vaccine doses, half by end-2021 

“Equitable access to COVID-19 vaccines represents the clearest pathway out of this pandemic for all of us — children included, and commitments announced by G7 members…are an important step in this direction”, the Executive Director of the UN Children’s Fund (UNICEF), Henrietta Fore, said in a statement.  Building on the momentum of the G20 Global Health Summit and the Gavi… Read More
Development Health Advice 

Counting down to Peace Day, UN chief urges: Stand up against hatred and care for planet 

As we strive to heal from the COVID-19 pandemic and reimagine a better future for people and planet, Secretary-General António Guterres introduced this year’s theme: “Recovering better for an equitable and sustainable world.”  Regardless of ethnicity, location or religion, the virus attacks everyone.   Confronting this common enemy, we must remember that we are not each other’s enemy.   To be able… Read More
Development Health Advice 

Guterres: Vaccines should be considered ‘global public goods’

Speaking via videolink in London, Secretary-General António Guterres said there was no other way of defeating a virus that spreads across developing countries “like wildfire” and risks mutating, other than through equitable, mass vaccination, adding that shots need to be “available and affordable to all”.  “That is not only a matter of fairness and justice but it’s also a question of… Read More
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