Tag: African Development Bank

What: Leaders’ Dialogue on the Africa Covid-Climate Emergency Who: African Development Bank and Global Center on Adaptation When: 6 April 2021, 13.00-15.00 GMT / 15.00-17.00 CEST Where: Virtual – Live streaming The African Development Bank and the Global Center on Adaptation (GCA) will bring together African heads of state and government for a virtual Leaders’ Dialogue on the Africa Covid-Climate… Read More

The African Union (AU) has welcomed the Democratic Republic of Congo as the newest member of its African Peer Review Mechanism. This took place during the AU’s 30th Forum of Heads of State and Government on Thursday. The meeting included presentations on ongoing or imminent reviews of governance and other spheres in a number of countries, including Liberia, Sierra Leone,… Read More

Exploring strategies to deepen private sector participation in the implementation African Continental Free Trade Area (AfCFTA) was the highlight of a panel session during the 2021 WTO Aid-for-Trade Stocktaking meeting. The African Development Bank, the United Nations Industrial Development Organization (UNIDO) and International Trade Centre (ITC) organized the session held on Wednesday 24 March. “The success of the AfCFTA hinges on… Read More

In 2019, the African Development Bank and technology firm Microsoft launched the Coding for Employment digital training platform, an online tool providing digital skills to African youth. Of the more than 126,000 students who have completed the courses, 47% are women. The platform aims to promote a continuous learning culture among young people and build their capacity to shape the… Read More

In 2021, Africa is forecast to rebound from its worst economic recession in half a century. Which indicators underpin the likelihood of such a recovery? After contracting by 2.1 % in 2020, Africa’s real GDP is expected to grow by 3.4 % in 2021. This anticipated recovery from the worst recession in more than half a century would be underpinned by… Read More

It was around midnight in Rabat in December 2020. The neighbourhoods are empty; time seems suspended in the kingdom’s capital. The only people seen are the occasional police patrol officer or street sweeper. An ambulance siren pierces the air of a city deep in sleep. Inside the vehicle, emergency medics clad in hazmat suits administer oxygen to a man in… Read More

The African Development Bank and Equity Group Holdings (EGH) have signed a $100 million (Kshs 11 Billion) loan facility to support the commercial bank’s expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises as it grows. The loan, a tier two facility with a seven-year maturity, is expected to promote EGH’s ability to offer… Read More

Le déficit d’accès à l’électricité est un des obstacles majeurs au développement économique et social en Afrique. Beaucoup d’unités industrielles, de petites et moyennes entreprises africaines, souffrent de ce fait. L’accès à l’énergie figure en bonne place des priorités stratégiques de la Banque africaine de développement, appelées « high5 » et traduites en programmes et projets à travers le continent.  Ainsi, le… Read More

The African Development Bank and the Climate Investment Funds (CIF) have joined forces to produce a study of the role of green banks and national climate change funds in mobilizing finance to support low-carbon, climate-resilient development in Africa. The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa. For… Read More

The Government of Canada and the African Development Bank  have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component. The fund will be capitalized through a combination of a CAD 122.9 million ($104.8 million)) repayable contribution, aimed at providing concessional… Read More