Tag: African Development Bank

African Development Bank President Dr. Akinwumi Adesina has called for vaccine justice for Africa. Speaking at the launch of the Bank’s African Economic Outlook 2021 report on Friday, Adesina decried the lack of Covid-19 vaccines reaching Africa. “We need global solidarity and vaccine justice for Africa,” Africa’s premier development bank chief said. Adesina underlined the stark disparities between vaccine acquisitions… Read More

For Women’s History Month, we spotlight Oluwaseun Sangoleye, founder of Baby Grubz, a Nigerian baby food company. As a first runner-up in the African Development Bank’s 2020 AgriPitch competition, Sangoleye and Baby Grubz received a $10,000 grant from the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. We asked Sangoleye about her journey to change the way mothers think about… Read More

What: Canada-Africa Clean Growth Symposium Who: The governments of Canada, Ethiopia and Senegal( organisers), with the participation of the African Development Bank and other international organizations When: 15 March 2021, 11:30-3:15 GMT; 16 March 2021, 11:00-14:50 GMT; 17 March 2021, 11:00-14:40 GMT Where: Virtual; Click here to register The Governments of Canada, Ethiopia and Senegal will co-host the Canada-Africa Clean… Read More

The Governing Council of the Africa Fertilizer Financing Mechanism (AFFM) issued a  call for greater action to secure adequate financing for the continent’s fertilizer sector at its ninth meeting. During a virtual meeting held 3 March and attended by 13 institutional members, the Governing Council adopted AFFM’s report on 2020 activities and endorsed a work program for 2021. The Governing… Read More

Nobel laureate Joseph E. Stiglitz has called for a comprehensive global plan to help countries cope with mounting debt that has been compounded by the Covid-19 pandemic. Stiglitz, a recipient of the Nobel Memorial Prize in Economic Sciences in 2001, was speaking on Friday at the virtual launch of the African Development Bank’s 2021 African Economic Outlook report during a… Read More

On Friday, 12 March 2021 the African Development Bank launched its flagship report – African Economic Outlook 2021 – an annual review of African economic performance. This year’s report entitled, “From Debt Resolution to Growth: The Road Ahead for Africa” focuses on debt resolution, governance and growth in Africa, while most countries are still reeling from the harsh socioeconomic impacts… Read More

Despite the challenging backdrop of a global pandemic and external economic shocks, Africa is expected to recover from its worst recession in half a century and reach 3.4 percent growth in 2021, the African Development Bank said in its 2021 African Economic Outlook report, launched on Friday. The outbreak of the novel coronavirus in December 2019 has taken a massive… Read More

Le Document de stratégie-pays 2021-2025 de la Banque africaine de développement pour les Comores, publié le 5 mars 2021, accorde la priorité au développement des infrastructures de base soutenables et de qualité dans les secteurs du transport et de l’énergie. Selon la stratégie, malgré les performances réalisées depuis 2014 dans la promotion de politiques inclusives et la légère reprise économique… Read More

Strengthening food systems must be an integral part of efforts to recover from the COVID-19 pandemic and to build resilience in Africa, said African Development Bank Director General for Southern Africa, Leila Mokaddem. Hunger is a greater threat to many Africans than the COVID-19 crisis, Mokaddem said in a session on sustainable food systems at the Southern Africa Impact Forum… Read More

To mark International Women’s Day, and a month of celebrating women, we asked the Bank’s Director for Agricultural Finance and Rural Development, Atsuko Toda, to share her thoughts on the progress in gender equality that she has witnessed in her career, her work to champion women and her tips for women starting out in the workplace. 1. What does International… Read More