Africa Investments 

Maroc : la Banque africaine de développement soutient l’amélioration du climat des affaires pour une sortie de crise par le haut

La Banque africaine de développement et le ministère marocain de l’Économie, des Finances et de la Réforme de l’administration ont signé, ce jour, un accord de don de près d’un million de dollars américains destiné à soutenir les services du chef du Gouvernement du Royaume du Maroc pour mettre en œuvre le projet d’appui à l’amélioration du climat des affaires… Read More
Africa Investments 

FAO and BADEA agree MOU to advance African agriculture at Africa high-level dialogue on food security

The United Nations Food and Agricultural Organization (FAO) and the Arab Bank for Economic Development in Africa (BADEA) signed a memorandum of understanding for future collaboration to promote agricultural infrastructure development and skills training for women and youth. The agreement would also advance climate-smart agriculture in Africa. FAO Director-General Dr. Qu Dongyu and BADEA Director-General Sidi Ould Tah signed the… Read More
Africa Investments 

African countries commit to double agricultural productivity as development banks and partners pledge over $17 billion to increase food security

A coalition of multilateral development banks and development partners has pledged over $17 billion in financing to address rising hunger on the African continent, and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue called Feeding Africa: leadership to scale up successful innovations. The African Development Bank and the UN’s International Fund… Read More
Africa Investments 

Ethiopia: African Development Fund provides $31.2 million to boost nutrition and end child stunting

The Board of Directors of the African Development Fund has approved a grant of $31.2 million to the Government of Ethiopia to increase access to multi-sectoral nutritional services for children under-five years, by boosting access to services for improved health, a more diverse and nutritious food,  and improving knowledge, attitude and practices on feeding, care and hygiene. The Multi-sectoral Approach… Read More
Africa Investments 

African Development Bank, IFAD and partners redouble efforts to stop hunger in Africa and strengthen food security

The African Development Bank and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food production. The impact of climate change,… Read More
Africa Investments 

Côte d'Ivoire: Vulnerable households and small businesses find relief from government program to ease Covid-19 headaches

For Hortense Koné, the manager of a small restaurant in Abobo Belleville, north of Côte d’Ivoire’s economic capital Abidjan, paying her water and electricity bills became a headache last year when Covid-19 lockdown restrictions hit her business. But a decision by the Ivorian government to cover water and electricity bills for households in the lower income brackets has finally brought… Read More
Africa Investments 

African Economic Outlook 2021 for Asian Audiences

What: Webinar to discuss the African Economic Outlook 2021 for Asian audiences Who: African Development Bank When: Thursday, 20 May 2021, 08:00 to 10:00 GMT/ 13:30-15:30 (Delhi time) / 16:00-18:00 (Beijing time) / 17:00-19:00 (Seoul and Tokyo time) Where: Virtual     The Asia External Representation Office and Macroeconomic Policy, Forecasting & Research Department of the African Development Bank will host… Read More
Africa Investments 

Women’s economic empowerment critical for sustainable post-Covid recovery, African Development Bank country gender profiles show

African women are still disproportionately affected by poverty, and the coronavirus pandemic is exacerbating gender inequalities, according to new African country gender profiles developed by the African Development Bank. The profiles also found that gender stereotypes are present in most countries and have a negative impact on women’s lives and livelihoods. Some of these impacts include a rise in gender-based… Read More
Africa Investments 

Banker-turned-poultry farmer becomes champion for African agriculture

When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating university, he thought he’d done well for himself. Then, he spotted an online advertisement for a youth agricultural training program and signed up, owing to his interest in farming as a hobby. Selected to interview for a place in the… Read More
Africa Investments 

New reports from African Development Bank, FAO and CGIAR showcase digital agriculture opportunities

Drones, satellites, geographic information systems, weather stations and advanced analytics are some of the most promising technologies for providing solutions to Africa’s agricultural challenges, according to the joint Digital Agricultural Profiles carried out by the African Development Bank, the Food and Agriculture Organization of the United Nations (FAO) and CGIAR in three countries. The profiles, covering Côte d’Ivoire, Rwanda and… Read More
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