Tag: African Development Bank

The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island nation fight the COVID-19 outbreak and mitigate its economic impacts. The loan, approved on 26 May, will be used to fund the country’s health and social response, support macro-economic stability, and assist the private sector.… Read More

The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to restoring the livelihoods of vulnerable populations severely affected by COVID 19. The intervention will seek to complement ongoing activities by Egypt’s government to mitigate the effects of the virus pandemic on… Read More

Le Conseil d’administration de la Banque africaine de développement a approuvé, mercredi 27 mai à Abidjan, un financement de 264 millions d’euros en faveur du Maroc dans le cadre de son programme d’appui à la réponse de Covid-19 (PARC-19). Avec un déploiement rapide des ressources, le PARC-19 contribue aux efforts de réponse du Royaume à la crise sanitaire, économique et… Read More

The Africa Regional Integration Index (ARII 2019), a new report jointly launched by the  African Development Bank, UN Economic Commission for Africa (UNECA) and the Africa Union (AU), highlights the tremendous promise regional integration holds for Africa post COVID-19. Director of Regional Development and Regional Integration at the Bank,Moono Mupotola provides insights on the way forward. The African Development Bank,… Read More

In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles to aid policy debate. The articles are authored by influential international scholars whose pioneering research and analysis have helped to direct policy on land reform in Africa for more than two decades.… Read More

This year’s celebration of Africa Day – the annual commemoration of the 1963 founding of the African Union (AU) – is themed ‘Silencing the Guns’, to convey the AU Commission’s  advocacy for peace and security as the foundation for socio-economic development. As the African Development Bank Group joins in a continentwide celebration of Africa Day, it seems fitting to reflect… Read More

On Africa Day, we hear from the African Development Bank’s senior management on the institution’s  priorities and how we are making a difference in the lives of millions of Africans. Bajabulile “Swazi” Tshabalala, Senior Vice President: “The celebration of 57 years of African unity and progress on this Africa Day 2020 comes during one of the greatest challenges the continent… Read More

What does the COVID-19 disruption mean for Africa’s Fashion Industry? Opportunities and Threats for Fashionpreneurs and Investors What: Launch of Fashionomics Africa Webinar Series  Who: Gender, Women & Civil Society Department, African Development Bank When: Tuesday, 2 June 2020: 10am to 12 noon Where: Online – Zoom, Sign in on Fashionomics Africa, Click HERE.Registration is free. The Gender, Women and… Read More

The Board of Directors of the African Development Bank  today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts. The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with… Read More

The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a call to action to African economies to deepen their integration. The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress… Read More