Tag: African Development Bank

South Sudan has begun producing oxygen following the successful installation of the country’s first oxygen plant at Juba Teaching Hospital, set up with funding from the African Development Fund. The oxygen plant was procured as part of measures to support the country’s ongoing Covid-19 response with a grant from the African Development Bank Group’s concessional lending arm. The project was… Read More

Nigeria’s Federal and State governments have expressed overwhelming support for an initiative to create Special Agro-industrial Processing Zones (SAPZ) – public-private partnerships aimed at developing priority value chains through developing infrastructure in rural areas, focused on finishing and transforming raw materials and commodities. At a high-level briefing session held on Monday, Minister of Finance, Budget, and National Planning Dr. Zainab… Read More

Pascaline Sango is a very busy woman. This 39-year-old mother arrived in the Nyankanda refugee camp in the east of Burundi in January 2020, after fleeing South Kivu in the Democratic Republic of Congo. She is not only the head of Ward 32 in the camp and a pastor, but also the vice-president of the parents’ committee. She is also… Read More

The African Legal Support Facility (ALSF) will hold a high-level conference on 22-23 September 2021 to celebrate its achievements and mark the renewal of its mandate for a further 14 years. The theme of the event is Smart Legal Capacity for Africa: A New Phase for the African Legal Support Facility. Former South African President Thabo Mbeki, Dr. Ngozi Okonjo-Iweala,… Read More

When: Monday 6th September Where: Floating Office Rotterdam, Rotterdam Rijnhaven and virtual access A group of global leaders composed of the heads of key international organizations – including the United Nations Framework Convention on Climate Change, International Monetary Fund, World Trade Organization, European Bank for Reconstruction and Development and African Development Bank – will gather in Rotterdam on Monday 6th… Read More

Participants of a G20 Compact with Africa meeting this week assessed Africa’s progress in fighting the Covid-19 pandemic. “We are meeting at a pivotal time in the relationship between Africa and the rest of the world,” said Italian prime minister Mario Draghi. The Compact with Africa is a G20 initiative that promotes macroeconomic, business and financing reforms to attract more… Read More

Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to discuss the uneven global economic recovery, access to vaccines, and strategies to drive a recovery from the Covid-19 crisis. Merkel was joined by the heads of the African Development Bank, World Trade Organization, the International Monetary Fund (IMF), the World Bank, the Organisation… Read More

In June and July of this year, an African Development Bank technical review committee approved eight project proposals to receive funding in an important milestone for its Jobs for Youth in Africa Strategy. Approved proposals will receive grant funding of more than $7.3 million to operationalize their activities, creating several new enterprises and an estimated 20,000 jobs for youth across the… Read More

The global Covid-19 pandemic should not dampen investor appetite in Africa. The continent remains an investment destination of choice despite the challenges, panelists at an opening session of the 2021 Africa Singapore Business Forum heard today. Trade between Singapore and Africa has been growing steadily over the past five years, with Singapore being among the top 10 investors in Africa.… Read More

Though affected by the political upheavals in Burkina Faso, the Programme to Build Resilience to Food and Nutrition Insecurity in the Sahel (P2RS), created to “strengthen the resilience of vulnerable populations to food and nutrition insecurity by addressing the structural causes of acute and chronic food and nutrition crises,” has not deviated from its objectives. Focusing in particular on the… Read More