Category: Business

Who:       The Government of Egypt; the Government of Germany; European Investment Bank Global; African Development Bank; African Centre of Excellence for Genomics of Infectious Diseases When:     22 May 2023, 9:00 to 10:30am GMT+3 Occasion: 58th African Development Bank Group Annual Meetings Where:    Fayrouz Room, Sharm El-Sheikh International Convention Center, Sharm el Sheikh, Egypt The African Development Bank will host a… Read More

Africa is highly vulnerable to climate change, and its impacts—flooding, droughts, cyclones, sea-level rise– are already driving shifts in how Africans grow food, live, and earn their livelihoods. Yet, most of the climate funding for the continent goes toward climate mitigation rather than adaptation. This is a problem, partly because adaptation creates well-paying jobs and diversifies economies, strengthening societal resilience.… Read More

African Development Bank Group 2023 Annual Meetings – Commemorating Africa Day: “ Africa’s Youth: Africa’s Development Answer” | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More

The Board of Directors of the African Development Bank on 16 May 2023 approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations. Tuesday’s approval adds up to $16.4 million extended to the Facility to support its 2023 budget. It includes $4.7 million, which was carried over from the previous year. The Board… Read More

African Development Bank Group Annual Meetings 2023 – (Side Event) Title: ‘IFRS Sustainability Disclosure Standards: better information to enable capital markets to support sustainable economic development in the African continent.’ | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More

 At its Annual Meetings in Sharm El-Sheikh, Egypt, from May 22-26, 2023, the African Development Bank will explore innovative approaches to boost private sector finance for climate action on the continent. Africa contributes the least – less than 3% — to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the… Read More

Zimbabwe President Emmerson Mnangagwa has reassured development partners and creditors that his government is committed to the implementation of key reforms critical to resolving the country’s nearly $8.3 billion of debts and arrears.  He was speaking during the high-level debt resolution forum held Monday in the capital Harare, that was also addressed by the President of the African Development Bank Dr. Akinwumi… Read More

“Energy efficiency is no longer an option, it is a priority because we are in a climate emergency,” says Jalel Chabchoub, chief investment officer in the African Development Bank‘s Renewable Energy and Energy Efficiency Department. Today, we no longer talk about climate change or global warming, but rather about “climate shock,” Chabchoub continues. He encourages countries to “act at the… Read More

African Development Bank Group Annual Meetings in Egypt: an ideal setting for concrete proposals towards inclusive, sustainable growth in Africa | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More