Africa Investments 

Africa Development Bank and African Union Commission sign $9.73 million grant agreement to drive digital market development in Africa

The African Union Commission (AUC) and the African Development Bank have signed a grant agreement to implement Phase 1 of the Upstream Project for Digital Market Development in Africa. The signing ceremony took place on November 17 at AUC Headquarters in Addis Ababa, Ethiopia. The AUC Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Ambassador Albert M. Muchanga, and… Read More
Africa Investments 

On Global Women’s Entrepreneurship Day, Lionesses of Africa’s Business Confidence Report celebrates African women entrepreneurs’ optimism about…

Women entrepreneurs in Africa are expressing widespread optimism and continuing resilience despite the prevailing economic climate, according to the 2022 Lionesses Business Confidence Report and Index launched on Global Women’s Entrepreneurship Day. The report, prepared by Lionesses of Africa Public Benefit Corporation and New York University finds that ninety three percent of women entrepreneurs anticipate their companies will be better… Read More
Development Health Advice 

WHO unveils new strategy to tackle antimalarial drug resistance in Africa

Sub-Saharan Africa accounts for a disproportionately high share of the global malaria burden, with around 96 per cent of all cases and deaths in 2020.    As a result of drug resistance, medicines to treat the life-threatening disease become ineffective.  Worrying signs  Malaria is caused by parasites that are transmitted to humans through the bites of infected female Anopheles mosquitoes. … Read More
Development Health Advice 

Score ‘triple billion’ health goals, ahead of World Cup kick-off: WHO

On Saturday, people all around the world are “Walking the Talk” to reach the goals: one billion more people benefitting from universal health coverage, a billion more from health emergency protection, and another billion enjoying better health and wellbeing. ‘Walking in solidarity’ To celebrate the importance of health and wellbeing, WHO and the Qatar Public Health Ministry, in partnership with… Read More
Development Health Advice 

Almost half of us worldwide are neglecting oral healthcare: WHO report

“Oral health has long been neglected in global health, but many oral diseases can be prevented and treated with the cost-effective measures outlined in this report,” said WHO Director-General, Dr Tedros Adhanom Ghebreyesus.  In a first-ever comprehensive overview, the Global Oral Health Status Report analysed key areas and markers throughout 194 countries, and shows that cases have increased by one billion… Read More
Africa Business World 

What you need to know about the AfCFTA Guided Trade Initiative

– – The AfCFTA Guided Trade Initiative (GTI) is the latest development designed to boost trade in the Africa’s continent-wide free trade zone. The GTI was launched in October 2022 with the aim of testing meaningful, continuous trade under AfCFTA and to assist in the development of regional value chains that will allow for more climate-friendly, sustainable trade across the… Read More
Africa Investments 

African Development Bank and West African Monetary Union Capital Markets Authority sign grant agreement for development of regional financial…

The African Development Bank and the West African Monetary Union’s Capital Markets Authority (AMF-UMOA) have signed a grant agreement for $750,000 to implement the second phase of the Regional Financial Market Development Support Project (PADMAFIR 2). PADMAFIR 2 will enable the AMF-UMOA to develop a financial code for the region. It will also promote the deepening of mortgage and securitization… Read More
Africa Investments 

EBRD, AfDB and AFD launch tool to support private businesses and public sector improve gender responsiveness

The European Bank for Reconstruction and Development (EBRD), the African Development Bank Group and the French development agency AFD, in partnership with the Egyptian government, have launched the Gender Equality in Climate Action Accelerator. The Accelerator will support private sector companies improve the gender responsiveness of their corporate climate governance. It will also help governments to promote gender-sensitive climate sector… Read More
Africa Investments 

COP27: African ministers explore ways to scale up food production to feed the continent, bolster resilience

African agriculture ministers attending the United Nations climate summit in Egypt reiterated a commitment to work with development partners to unlock the continent’s agriculture potential. During the special ministerial session, there was a strong consensus that Africa can feed itself if supported with green financing and climate-smart technology to boost agriculture productivity. The African Development Bank hosted the event to… Read More
Africa Investments 

COP27: Spain, Swiss Confederation announce EUR 10 million support to African Development Bank Group’s Urban and Municipal Development Fund

In partnership with the African Development Bank Group, the Swiss Confederation through the Swiss State Secretariat for Economic Affairs (SECO)  and Spain today at COP 27  announced additional financial support to African countries and cities bearing the brunt of climate change. Switzerland and Spain confirmed  they will each donate approximately 5 Million euros to the African Development Bank Group’s Urban… Read More
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