Investments 

Provide young people with new skills to meet the needs of a 21st century labor market, African Development Bank report urges

“Youth must be prepared for the jobs of the future – not the jobs of the past,” African Development Bank President Akinwumi Adesina said on Thursday at the launch of the Bank’s flagship African Economic Outlook. “Given the fast pace of change, driven by the 4th industrial revolution – from artificial intelligence to robotics, machine learning, quantum computing – Africa… Read More
Investments 

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development Bank’s President, Akinwumi Adesina, said as he unveiled the Bank’s flagship economic report on Thursday. The 2020 African Economic Outlook (AEO) showed that the continent’s economies are growing well, higher than the global average. The report… Read More
Opinions Science 

Who is Afraid of Witches on Campuses?

On January 30 2020, University of Ibadan Campus Humanists and Freethinkers held a talk on the theme: Who is afraid of witches on campuses? The venue of the event was the Tedder Hall Cafetaria. Students from Law, Political Science, Philosophy and Education faculties attended the program. The Advocacy for Alleged Witches(AfAW) organized the talk in response to the growing fears… Read More
Investments 

“Teach them smart solutions,” says out-of-the-box thinker Monique Ntumngia, founder of Green Girls, at 2020 African Economic Outlook launch

African governments must foster innovation and provide hands-on education solutions to young people if the continent is to beat the challenges of the next decade and meet global development targets. “Reality on the ground and the statistics do not meet, they are on parallel lines. There’s more of cram work in our educational system than actually getting us to think… Read More
Development Health Advice 

Coronavirus spread now a global emergency declares World Health Organization

Latest WHO figures state there are more than 7,800 confirmed cases globally, with 7,736 confirmed in China, and a further 12,167 suspected cases inside the country where the outbreak began in Wuhan, a city of around 11 million which remains in lockdown. Latest figures So far, 170 people have died in China, and 1,370 cases there are officially described as… Read More
Investments 

African Economic Outlook 2020: Africa’s economy forecast to grow despite external shocks

Africa’s economic growth remained stable in 2019 at 3.4 percent and is on course to pick up to 3.9 percent in 2020 and 4.1 percent in 2021, the African Development Bank’s 2020 African Economic Outlook (AEO) revealed Thursday. The slower than expected growth is partly due to the moderate expansion of the continent’s “big five” — Algeria, Egypt, Morocco, Nigeria,… Read More
Development Health Advice 

Stepped-up efforts needed to combat pneumonia; save nearly nine million children’s lives

According to a new scientific model produced by Johns Hopkins University, in the United States, improving pneumonia treatment and prevention services could prevent up to 3.2 million children under the age of five from dying. At the same time, it would create ‘a ripple effect’ that would prevent the deaths of an additional 5.7 million children from other major childhood… Read More
Investments 

Egypt: African Development Bank approves $22 million to expand leasing financing to corporates and SMEs

The Board of Directors of the African Development Bank  on Wednesday approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company (Corplease) expand its operations in the North African country. The decision signaled confidence in a burgeoning local market and in the Egyptian economy as a whole. The Bank will mobilize $7 million of the $22 million from… Read More
Investments 

Mali: African Development Bank support improves livelihood of rural youth

Momou Dembélé, 30, is a qualified electrician. Married with two children, she left her hometown of Kimparana, where she trained, for Ségou in central Mali. With her husband’s support, she landed her first job with Moulin Moderne du Mali (Modern Mill of Mali, or ‘M3’), which produces wheat flour and pasta products. « “M3 was a real opportunity for me. What… Read More
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