Category: Business

The African Development Bank joined a number of development leaders in calling for greater support of youth entrepreneurship during a virtual event organized by the Tony Elumelu Foundation. The webinar was timed to coincide with International Youth Day, which fell on Wednesday 12 August, 2020. “Africa is young, and we need to do whatever it takes to empower our youth… Read More

The groundwork has been laid for Indian investors who are looking to invest in Africa. During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its partners, officials called for Indo-African partnerships to go beyond government-to-government cooperation and promote private sector participation in order to accelerate Africa’s development. The Conference on Innovative Financing Mechanisms for Doing… Read More

The reconstruction of the Akatsi-Akanu road, completed in 2013, has stimulated trade between Ghana and neighbouring Togo, helping to alleviate poverty. More importantly, it has improved the livelihoods of many women living along the international route, according to a report by the African Development Bank, which funded the project. This road is an important international route that needed urgent attention… Read More

The African Development Bank Group will hold its 2020 Annual Meetings virtually, from 25-27 August, 2020. These will comprise statutory meetings of the Board of Governors. A major agenda item of this year’s Annual Meetings is the election of a president. Read More

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled $61.6 billion in 2019, of which $41.5 billion (67%) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance. The study expands the scope of reporting for the first time to all countries with multilateral development bank operations. It… Read More

Making Finance Work for Africa (MFW4A), in partnership with KPMG International last week hosted a webinar on strengthening corporate governance for financial sector development in Africa. As the COVID-19 pandemic strains the resilience of Africa’s financial sector, the 28 July webinar highlighted the role of corporate governance in strengthening the financial sector to cope with different stages of the crisis.… Read More

From a new digital marketplace to connect Africa’s creatives with global markets, to masterclasses to help designers share and learn, and webinars to inform and inspire: the African Development Bank’s flagship Fashionomics Africa initiative has taken great strides this year. The website and mobile app were unveiled at the Global Gender Summit in Kigali in November, to help Africa’s fashion… Read More

Le Projet d’amélioration de la gestion et de la valorisation des boues de vidange de Ziguinchor (PAGBZ), réalisé de 2013 à 2019, a favorisé l’accès aux services sécurisés d’assainissement aux populations des quartiers défavorisés de ce principal centre urbain situé au Sud-Ouest du Sénégal, à 455 km de Dakar. Avant ce projet, Ziguinchor connaissait des problèmes d’assainissement avec un faible… Read More

The African Development Bank hosted a webinar to present the findings and recommendations of the Angola Green Mini-Grid Market Assessment report, implemented through the Sustainable Energy Fund for Africa. The assessment was conducted with the technical assistance of Carbon Trust, in collaboration with the Government of Angola, and in consultation with key stakeholders such as development partners and private sector… Read More