Africa Investments 

Whistles and whips: Technologies for African Agricultural Transformation program results in sounds of success in Ethiopia’s lowlands

(Korofto, Adama District, Ethiopia) If the shrill sounds of policemen’s whistles echoing across Ethiopia’s Awash River Valley do not seem out of place, the crack of whips in the air will have some visitors to these irrigated wheat fields wondering what is going on at this patch of remote farm cooperative. A short walk through the thigh-high wheat stalks reveals… Read More
Africa Investments 

Regular economic performance analysis could bolster investment decisions in Africa, says African Development Bank Chief Economist

The African Development Bank Group’s Acting Chief Economist and Vice President for Economic Governance and Knowledge Management, Professor Kevin Chika Urama, shares his thoughts on the inaugural Africa’s Macroeconomic Performance and Outlook report, released on Thursday 19 January. The new biannual publication aims to provide African policymakers, global investors, researchers, and other development partners with an incisive, timely, evidence-based evaluation… Read More
Africa Investments 

Launch of Africa’s Macroeconomic Performance and Outlook (MEO) Report, 2023 – Keynote Speech By Dr. Akinwumi A. Adesina – President, African…

I am pleased to welcome you all to the official launch of this maiden edition of the African Development Bank’s report on Africa’s Macroeconomic Performance and Outlook 2023.  I commend the Bank’s Economic Governance and Knowledge Management Complex for the continued efforts to provide sound and evidence-based economic intelligence to inform the much-needed structural transformation across African economies as… Read More
Africa Investments 

Djibouti : le Fonds africain de développement accorde à 3,79 millions de dollars pour renforcer la résilience climatique de la ville de Djibouti

Le Fonds africain de développement a approuvé le 22 novembre 2022, à Abidjan, un don de 3,58 millions de dollars (2,8 millions d’unités de compte) pour mettre en œuvre le projet « Étude intégrée des infrastructures urbaines et de l’adaptation climatique dans la ville de Djibouti ». Outre le Fonds africain de développement, le projet sera cofinancé par le Fonds de développement… Read More
Africa Investments 

Pre-Africa Food Summit press conference (Dakar 2)

What:            Dakar 2 Summit launch press conference         Who:             Ministry of Agriculture, Rural Equipment and Food Sovereignty of Senegal and the African Development Bank Group When:           Monday, 23 January 2023                      Set up: 10:30 am GMT                      Duration: 11:00 am GMT -12:30 pm GMT Where:          Ministry of Agriculture, Rural Equipment and Food Sovereignty Auditorium – located in the ministerial bloc Ousmane… Read More
Africa Investments 

Africa’s economic growth to outpace global forecast in 2023-2024 – African Development Bank biannual report

Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and Outlook report for the region, released in… Read More
Africa Investments 

Second international summit on food production in Africa to open in Dakar

African heads of state and government together with development partners will gather in Senegal to strategically map plans to unlock Africa’s food-producing potential and position the continent to become a breadbasket to the world. President Macky Sall of Senegal, and Chairperson of the African Union, will host the three-day Dakar II Food summit from 25 January, with the African Development… Read More
Africa Investments 

Working group meets to discuss AU-AfDB study on driving inclusive growth in Africa

The African Union Commission (AUC) and the African Development Bank Group have a concluded a technical session on how to conduct an upcoming joint study on driving development in Africa. The goal of the study, titled Key Actions to Drive Inclusive Growth and Sustainable Development in Africa, is to identify key actions that will allow Africa to rise and remain… Read More
Africa Investments 

Africa Fertilizer Financing Mechanism welcomes $10.15 million from the Norwegian Agency for Development Cooperation to boost fertilizer supply to 850…

Africa Fertilizer Financing Mechanism welcomes $10.15 million from the Norwegian Agency for Development Cooperation to boost fertilizer supply to 850,000 African smallholder farmers | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– African Development Bank Group Read More
Africa Investments 

Greece Explores Ways to Strengthen Cooperation with Africa

Greece is committed to strengthening its cooperation with Africa. With this in mind, an official delegation, led by Greek Foreign Minister Nikos Dendias, visited the headquarters of the African Development Bank Group to benefit from its expertise and knowledge of the continent. The Minister, at the head of a delegation, expressed a wish to better understand the Bank’s activities and… Read More
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