Development Health Advice 

Pride Month: UN’s transgender rights campaign goes global

“If we want a healthy world, then it needs to be a kind and welcoming one too,” said Benedict Phillips, the UNAIDS Director of Communications and Global Advocacy. That means ensuring all communities are included, especially marginalized groups, he said. However, in many countries, stigma, discrimination, and criminalization tend to make transgender people invisible, with extreme forms of discrimination leading to… Read More
Development Health Advice 

Eastern DR Congo: Health system at breaking point warns WHO

Speaking from Kinshasa, Dr. Jorge Castilla, WHO’s Senior Emergency Officer, told journalists at the regular briefing in Geneva there had been a major increase in displacement due to ongoing violence fuelled by armed groups, leaving around 7.4 million in need of health assistance. Disease and displacement Since March 2022, almost three million people have been forced from their homes in… Read More
Africa Investments 

Mozambique: African Development Bank adopts new Country Strategy Paper covering 2023-2028

The Board of Directors of the African Development Bank Group has endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique on 13 June 2023. The new strategy aims to promote the country’s structural transformation by improving fiscal stability, creating decent jobs and generating inclusive growth. The strategy has two priority areas: fostering improved economic governance and the business environment to… Read More
Africa Investments 

USAID’s Power Africa, African Development Bank broaden cooperation on fighting energy poverty and climate change in Africa

The United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, and the African Development Bank, have signed an extension and expansion of their existing Regional Development Objectives Agreement (RDOAG) on the margins of the Africa Energy Forum in Nairobi. The move deepens the strategic partnership and expands the basis for cooperation in developing innovative and sustainable… Read More
Africa Investments 

African Development Bank’s UMDF and ICEX Spain Trade and Investment team up to boost sustainable urban development in Africa

 Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023. ICEX Spain Trade and Investment  and the African Development Bank have signed a cooperation agreement to… Read More
Development Health Advice 

Child health: More focus needed on earliest years, urges WHO

The report from the World Health Organization (WHO) and Children’s Fund UNICEF find that the first years of a child’s life provide “irreplicable opportunities to improve lifelong health, nutrition and well-being” according to a press release. It tracks progress against the global Nurturing care framework, which provides guidance on supporting the healthy physical, intellectual, and emotional development of young children. Protecting… Read More
Africa Investments 

Transition Support Facility: Focusing on MSMEs for post-Covid reconstruction in Africa

To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in transition states and in particular, the crucial role of supporting micro, small and medium-sized enterprises (MSMEs). Indeed, the latter have seen their already pre-existing fragility aggravated by the consequences of the health… Read More
Africa Business World 

Food and fuel prices surge in marginalised communities amid Ukraine war

The cost of food, fuel and fertiliser in some of the world’s most vulnerable communities is continuing to escalate to crisis levels since Russia’s invasion of Ukraine, with families spending up to 10 times what they paid almost 18 months ago, according to new analysis from international humanitarian organisation ActionAid. A survey of more than 1,000 community members and leaders… Read More
Africa Investments 

African Development Bank chief to attend Africa50 Infra for Africa Forum and General Shareholders Meeting

What: Africa50 Infra for Africa Forum and General Shareholders Meeting Who: President of the Republic of Togo, Faure Gnassingbé; President of the African Development Bank, Dr. Akinwumi Adesina; CEO of Africa50, Alain Ebobissé; Director-General of the World Trade Organization Ngozi Okonjo-Iweala; ministers; global and African experts When:  3 – 4 July 2023 Where:  Hôtel 2 Février, Lomé    The president… Read More
Africa Investments 

Kenya: African Development Bank Group Board okays funds to support women and youth in agribusiness

The Board of Directors of the African Development Bank Group has approved an equity investment of €18 million in the Africa Guarantee Fund (AGF) and another €1.2 million to support youth and women entrepreneurs engaged in agricultural value chains in Kenya. The funding, approved on June 6, 2023, was provided by the European Union (EU) under its partnership with the… Read More