Development Health Advice 

Step up investment to ensure water and sanitation access for all

Although 45 per cent of countries are on track to achieve drinking water targets by the end of the decade, only a quarter are likely to meet sanitation targets.  The findings come in a report published by WHO and UN-Water, which brings together UN agencies and other organizations working on the issue.  ‘An urgent crisis’  The study examines WASH access… Read More
Africa Investments 

Sudan: African Development Bank Group commits nearly $74 million to boost wheat production

The Board of Directors of the African Development Bank Group on 9 December 2022 in Abidjan approved $73.81 million to finance the Sudan Emergency Wheat Production Project under the Bank’s African Emergency Food Production Facility. Agriculture is the backbone of the Sudanese economy, accounting for 60% of total national exports and generating a third of its gross domestic product. It… Read More
Africa Investments 

2022 AEC: Accessing clean, affordable energy in Africa is key as the world moves towards energy transition: panelists

As the world moves toward energy transition, it is important that Africa’s ongoing challenges with access to clean, affordable and inclusive energy be addressed for the continent to achieve a fair and just energy transition, panelists said during the 2022 African Economic Conference (AEC). They made these points during a dialogue of development partners on Africa’s just energy transition on… Read More
Africa Business Ghana West Africa World 

Ghana to secure $3 bln IMF loan approval in 2023

– – Ghana expects to secure a $3 billion loan facility from the International Monetary Fund (IMF) by next year, Finance Minister Ken Ofori-Atta said on Tuesday. The West African nation is in serious economic crisis and urgently needs IMF bailout after earlier asserting it won’t turn to the fund for support. It would be the 17th time Ghana is… Read More
Africa Investments 

African Development Bank Group President appoints Senegal’s former Minister Amadou Hott as Special Envoy for the Alliance for Green Infrastructure in…

African Development Bank Group President Dr. Akinwumi Adesina has appointed Senegal’s former minister Amadou Hott, as his Special Envoy and global champion for the Alliance for Green Infrastructure in Africa (AGIA). The African Development Bank, Africa Union and Africa50 launched the Alliance during COP27 last November with global partners: the African Union Development Agency, the African Sovereign Investors Forum, the European… Read More
Africa Investments 

2022 Africa Visa Openness Index shows improvement in visa policies across continent

The 2022 Africa Visa Openness Index (AVOI) report shows African countries making progress in their freedom of travel policies, most of which had been severely curtailed by the Covid-19 crisis. The annual publication, prepared by the African Development Bank Group in collaboration with the African Union Commission, is now in its 7th edition and was launched on Sunday on the… Read More
Africa Investments 

African Pharmaceutical Technology Foundation: Enhancing technology access and transfer for domestic manufacturing in Africa

What:  Forum to introduce newly launched African Pharmaceutical Technology Foundation Who:  The Government of Rwanda; World Health Organisation; African Development Bank; Coalition of Epidemic Preparedness Initiative; Global Access in Action; German Federal Ministry for Economic Cooperation and Development; The South Centre, and other partners When:  14 December 2022, at 7:00 AM Kigali Time / 5:00 GMT Where:  Meeting Hall 2,… Read More
Africa Investments 

African Economic Conference 2022 urges development community to “walk the talk” on innovative solutions to fight climate change

The 17th African Economic Conference ended on Sunday with a charge to the development community and governments to take decisive actions to address climate change. The African Development Bank, United Nations Economic Commission for Africa, and United Nations Development Programme, the conference hosts, called on participants to walk the talk by producing concrete solutions for climate-smart development on the continent.… Read More
Africa Investments 

COP27: African Development Bank and OECD Development Centre join forces to roll out policy toolbox for a sustainable low-carbon transition in Africa

The African Development Bank and the Organisation for Economic Co-operation and Development’s (OECD) Development Centre have teamed up to roll out a new policy toolbox for a just low-carbon transition in Africa. The two institutions launched the Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) on 15 November on the side-lines of COP27 in Sharm El-Sheikh, Egypt. The toolbox… Read More
Africa Investments 

African Development Bank Group Appoints Professor Padmashree Gehl Sampath as Special Advisor for Pharmaceuticals and Health Infrastructure to Dr….

The African Development Bank Group has appointed renowned Professor Padmashree Gehl Sampath as a special advisor on pharmaceuticals and health infrastructure to the Bank’s president, Dr. Akinwumi Adesina. She will also be leading the technical work related to the setting up of the African Pharmaceutical Technology Foundation, a new pan-African institution launched by the Bank, at the request of Regional Member… Read More
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