Africa Investments 

African Development Bank head urges multilateral development banks to drive healthcare financing

Africa will never again be caught flat-footed at the outset of another health pandemic, African Development Bank Group President Dr. Akinwumi Adesina stressed on Monday at the World Health Summit in Berlin. Adesina—who was a panelist in a session of the summit titled “Game Changer: a new lens on investment in health and well-being”—deplored the adverse situation that African countries… Read More
Africa Investments 

African Development Bank’s AFAWA initiative asks business enablers to apply for second round of funding to support Africa’s women-led businesses

The African Development Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is launching its second call for proposals for the Women Entrepreneurship Enablers program, targeting women’s business associations, incubators, accelerators, women-led cooperatives, and civil society organizations that promote the development of women entrepreneurs on the continent. AFAWA is offering grants of up to $250,000 to organizations helping… Read More
Development Health Advice 

Global health: Women and children pay heaviest price for ‘gaping inequities’

Data presented in the report show a clear and critical regression across virtually every major measure of childhood wellbeing, and many key indicators of the Sustainable Development Goals (SDGs). Since the last Every Woman Every Child Progress Report published in 2020, food insecurity, hunger, child marriage, risks from intimate partner violence, and adolescent depression and anxiety have all increased. ‘Protect… Read More
Africa Business World 

5 Benefits of Using Cryptocurrencies for Betting

– – Blockchain technology is being adopted in various sectors, including the health, e-commerce, and gaming industries. Over the years, the gaming industry has adopted improved technology devices to provide customers with better services. More than increasing customer base, cryptocurrencies in the betting industry offer several other benefits. Gambling sites are adopting cryptocurrencies as payment methods. According to the 2021… Read More
Development Health Advice 

Guterres calls for ‘sustained political commitment’ for a healthier world

To accomplish this, “wealthier countries and international financial institutions need to support developing countries to make these crucial investments”, said UN Secretary-General António Guterres.  In an address to the opening of the World Health Summit in Berlin, via a video message, he began by noting how poorly prepared most of the world is, for crises. The annual gathering is being hosted by… Read More
Africa Investments 

World Food Day: African Development Bank marks key milestones in interventions to feed Africa

To help mitigate the impacts of soaring food prices and grains, worsened by Russia’s war in Ukraine, the African Development Bank in May launched the African Emergency Food Production Facility to enable production of 38 million tonnes of food over the next two years. The $1.5 billion facility stepped into action, with the Bank approving initial programs in 26 African… Read More
Africa Investments 

U.S.-based Foundation for Democracy awards African Development Bank’s Akinwumi Adesina for exemplary leadership

U.S.-based Foundation for Democracy in Africa, an advocacy and research think tank, has conferred its topmost Medal of Glory Award on African Development Bank President Akinwumi Adesina for his exemplary leadership. The Medal of Glory Award is the Foundation’s highest honor, given annually for extraordinary contributions to democracy, good governance, and the advancement of trade, investment and cultural ties in… Read More
Africa Investments 

The African Development Bank Group’s $140,000 AgriPitch Competition invites youth agripreneurs to virtual information session on how to win seed…

The African Development Bank will host an online seminar to encourage African young entrepreneurs in the agriculture sector – or “agripreneurs” – to enter the Bank’s AgriPitch competition. AgriPitch is a platform where the continent’s top agripreneurs vie for a share of $140,000 in seed funding prizes, a slot in the competition’s business development boot camp, as well as receive… Read More
Africa Investments 

African Development Bank Group Approves $50 Million Trade Finance Risk Participation Partnership with Natixis

The Board of Directors of the African Development Bank Group has approved a $50 million Risk Participation Agreement (RPA) for Natixis, a French Bank. The agreement will enable Natixis to support African banks and their small and medium-sized enterprise (SME) clients to undertake more regional and international trade.  The agreement is expected to help achievement of a cumulative trade volume… Read More
Africa Investments 

European Union-African Development Bank Group High-Level Conference on Water Investment

What:       European Union-African Development Bank Group High-Level Conference on Water Investment Who:         African Development Bank Group – European Union      When:       16 – 19 october 2022 Where:      Hybrid: Cairo, Egypt and online Online Registration: click here to register. The African Development Bank and the European Union are co- organizing the second European Union-African Development Bank Water Investment Forum on… Read More
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