Africa Investments 

Benin: African Development Fund to provide partial credit guarantee to facilitate resource mobilization for Sustainable Development Goals

The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support Benin’s mobilization of financing to meet United Nations Sustainable Development Goals (SDGs) targets. The partial credit guarantee will enable Benin to raise funds in foreign currency from international investors for expenditures related to… Read More
Development Health Advice 

‘Worrying upsurge’ in deadly cholera, warns Tedros, in wide-ranging global health update

So far, 63 confirmed and probable cases of Ebola Virus infection have been reported, including 29 deaths; 10 infected health workers, four of whom have died; and four people who have recovered and are receiving follow-up care. “WHO has released $2 million from our Contingency Fund for Emergencies (CFE), and we’re…sending additional specialists, supplies, and resources,” WHO chief Tedros Adhanom… Read More
Development Health Advice 

New WHO strategy aims to strengthen rapid response to health emergencies

The Emergency Medical Teams (EMT) 2030 Strategy was launched at a meeting in Yerevan, Armenia, bringing together health workers, technical experts and international partners from 110 countries.  EMTs are groups of health professionals, including doctors, nurses, paramedics, support workers and logisticians. They are trained and prepared to provide immediate support during an emergency.  A stronger network  The more than 500… Read More
Africa Investments 

Guinea-Bissau: Energy and Transport infrastructure at the core of African Development Bank's 2022-2026 Country Strategy

To address Guinea-Bissau’s development challenges, the African Development Bank’s new strategy will promote economic diversification, structural transformation and lay the foundation for inclusive, resilient, and sustainable growth through support for infrastructure and good governance. The African Development Bank Group and Guinea-Bissau mutually adopted this approach in the Country Strategy Paper 2022-2026, published on 20 September 2022. The objective of the… Read More
Development Health Advice 

Dementia: WHO launches blueprint to tackle generational health challenge

“Although dementia is the seventh leading cause of death globally, dementia research accounts for less than 1.5 per cent of total health research output”, said WHO Chief Scientist Soumya Swaminathan. “Sadly, we are falling behind implementing the Global action plan on the public health response to dementia 2017-25,” she continued, adding that addressing dementia comprehensively requires “research and innovation to be… Read More
Africa Business East Africa World 

Kenya gives green light for cultivation of GM crops

– – The Kenyan government has given the green light for the cultivation and importation of genetically modified crops and animal feeds. The decision ends a decade-long ban that had been imposed due to health fears. It comes as the country is experiencing a devastating drought – the worst drought in 40 years which has left millions facing hunger. President… Read More
Africa Investments 

African Development Bank chief visits Norway — Shore up continued support for solutions to Africa’s development challenges

In the face of a looming food crisis that could hit Africa and other parts of the world on account of Russia’s war in Ukraine, Norway this week announced that it is providing 100 million Norwegian Kroner (approximately $9.2 million ) to the African Development Bank’s African Emergency Food Production Facility. Norway’s Minister for International Development Anne Beathe Tvinnereim said… Read More
Africa Investments 

77th UN General Assembly meetings stress key African Development Bank priorities: climate finance, job creation, and food insecurity

The African Development Bank had several productive engagements around its strategic priorities at the just concluded 77th United Nations General Assembly (UNGA) meetings in New York. Meeting highlights included an urgent call for increased financing to mitigate the effects of climate change and food insecurity. African Development Bank Group President Dr Akinwumi Adesina led the bank’s delegation to the meetings… Read More
Development Health Advice 

Haiti: UN supports Government efforts to quell cholera outbreak

The case was identified using the cholera surveillance mechanism, established by the Haitian authorities and supported by the United Nations.  It was confirmed as positive at the National Public Health Laboratory in Port-au-Prince on Sunday 2 October. Additional suspected cases are currently under investigation.  Emergency response  The UN is actively monitoring the situation and is working with national authorities to… Read More
Africa Investments 

Guinea-Bissau: African Development Bank project strengthens judiciary, boosts enrolment of women lawyers

Implemented between 2017 and 2021, the Guinea-Bissau Support Project to Build Institutional Capacity in the Justice Sector helped to improve the quality of training in the judicial sector, particularly for lawyers. It also contributed to an increase in the number of women members of the national bar association; there were three before the project and there are now 58. The… Read More
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