Africa Investments 

In Togo, the African Development Bank-supported Agro-Food Processing Project hits its stride

In the pilot agropole of Kara, located some 423 kilometres north of Lomé, the capital city of Togo, there is a constant hum of bulldozers and harrowers. A few metres away from the deafening noise, engineers and agricultural technicians are supervising the work and talking to community representatives. Launched at the end of 2018, the Agrifood Processing Project of Togo… Read More
Africa Business World 

Ten countries commit to sustainable commodities in Africa

– – Ministers from ten African countries will today sign the Africa Sustainable Commodities Initiative Declaration, a single set of principles for the responsible production of agricultural commodities in Africa. The Africa Sustainable Commodities Initiative (ASCI) puts producer countries in Africa at the forefront of defining the principles for the sustainable development of cocoa, rubber, palm oil, coffee and other commodities,… Read More
Africa Investments 

Global Leaders Rally Support and Finance for the Africa Adaptation Acceleration Program to Tackle Climate Change in Africa

Global leaders on Tuesday rallied around climate adaptation for Africa. They attended the Africa Adaptation Leaders’ Event, convened by African Union Chair President Macky Sall of Senegal, Global Center on Adaptation CEO Patrick Verkooijen, and African Development Bank Group President Akinwumi Adesina. The event took place at the global climate summit (COP27) in Sharm El-Sheikh, Egypt. It underscored the critical… Read More
Africa Investments 

Africa marks special day at COP27 with a resolve to tackle climate change relentlessly

African nations on Tuesday marked a special day on the sidelines of the 27th United Nations Climate Conference (COP27) in Egypt, with a common resolve to mobilize internal and external resources to tackle climate change. The event, dubbed ‘Africa Day,’ provided countries and development partners, including the African Development Bank, the opportunity to highlight measures to tap the continent’s unique… Read More
Development Health Advice 

Global disparity in access to essential vaccines, says WHO report

It is the first to examine the implications of COVID-19 for vaccine markets and highlights the disparity in access around the world. The report says that the way the global market is not fully conducive to the development, supply and access for essential vaccines – with some regions depending almost entirely on others for vaccine supply. “The right to health… Read More
Africa Investments 

African Union welcomes the Netherlands’ contribution of EUR 110 million for the Africa Adaptation Acceleration Program at COP27

The African Union (AU) welcomed the Netherlands’ contribution of EUR 110 million in support of the Africa Adaptation Acceleration Program (AAAP) ahead of the COP27 Leaders’ Event on Accelerating Adaptation in Africa. The Prime Minister of Netherlands Mark Rutte announced the financial commitment during a high-level meeting with Senegal’s President Macky Sall who is also the Chairperson of the African… Read More
Africa Investments 

COP27: Announcement of the Winners of 2022 YouthADAPT Awards

What:     2022 Youth Adaptation Solutions (YouthADAPT) Challenge Awards Ceremony Who:      African Development Bank and the Global Center on Adaptation When:    10 November 2022, 10:30-12:30 GMT+2 Where:   Africa Pavilion at COP27 (Sharm El-Sheikh, Egypt). Watch on Livestream The Youth Adaptation Solutions (YouthADAPT) Challenge, launched on 6 September 2021, is an annual competition that invites young entrepreneurs and micro, small, and medium… Read More
Africa Investments 

UK steps up climate adaptation finance support for Africa

The United Kingdom has announced a significant increase in its financial support to the poorest African countries that bear the brunt of climate change.  Speaking alongside African leaders at COP27 in the Egyptian city of Sharm El Sheikh, British Foreign Secretary James Cleverly confirmed the UK will provide £200 million to the African Development Bank Group’s Climate Action Window, a… Read More
Africa Business World 

Growing Popularity of eGaming and Online Gambling in Africa

– – For bettors and gamblers, African nations are rising to the top of the list of prospective locations for 2022 and beyond. Mobile gambling is still expanding its footprint in Africa, where it already has a sizable portion of the industry. There were around 184 million internet users in Africa as of August 2022, according to Statista, with the majority… Read More
Africa Investments 

COP27 Leaders’ Event: Accelerating Adaptation in Africa

What:     COP27 Leaders’ Event: Accelerating Adaptation in Africa Who:      African Development Bank, the African Union, and Global Center on Adaptation When:    8 November 2022, 11:00 EGY (GMT+2) Where:   Meeting Room MR20, Sharm El-Sheikh, Egypt Event description: The COP27 Leaders’ Event: Accelerating Adaptation in Africa aims to support the international community to make Sharm El-Sheikh a keystone moment to deliver… Read More
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