African Development Bank Group (AfDB) / Press Release

Source: African Development Bank Group (AfDB) | Sep 07, 2021

African Development Bank partners with Alliance for a Green Revolution in Africa as sponsor of virtual African Green Revolution Forum (AGRF) Bank "Digital Delegation" to participate in more than a dozen AGRF events

The Government of Kenya and the AGRF Partners Group are hosting AGRF 2021, organized under the theme, Pathways to Recovery and Resilient Food System

The African Development Bank (www.AfDB.org) returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – to be held in a hybrid format 6-10 September 2021. The Bank has earmarked $100,000 to support this year’s annual AGRF, which will be headlined by African…

Source: African Development Bank Group (AfDB) | Sep 03, 2021

Zimbabwe: A farmer harvests success in refugee camp

Over the past two years, Damacene’s production has increased from 400kg of maize to 500kg, thanks to newly built irrigation infrastructure

When Jean Damacene arrived at the Tongogara Refugee Camp in Zimbabwe, he was 38 years old and hoping to return to his country Rwanda soon. Eighteen years later, the maize farmer is married with children – a boy and five girls – who live with him in the camp. To…

Source: African Development Bank Group (AfDB) | Sep 02, 2021

CORRECTION - Nigeria: Federal and state governments endorse Special Agro-industrial Processing Zones Programme: African Development Bank and partners to mobilize $520 million for Phase 1

The participants provided progress updates on the scheme, following their consultations with key stakeholders within the public and private sectors

Nigeria’s Federal and State governments have expressed overwhelming support for an initiative to create Special Agro-industrial Processing Zones (SAPZ) - public-private partnerships aimed at developing priority value chains through developing infrastructure in rural areas, focused on finishing and transforming raw materials and commodities. At a high-level briefing session held on…

Source: African Development Bank Group (AfDB) | Sep 01, 2021

Nigeria: Federal and state governors endorse Special Agro-industrial Processing Zones Programme: African Development Bank and partners to mobilize $520 million for Phase 1

Special Agro-industrial Processing are a flagship initiative of the Bank’s ‘Feed Africa’ strategic priority

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- Ikenna Nzewi
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Source: African Development Bank Group (AfDB) | Aug 12, 2021

International Youth Day: How winners of the Bank’s AgriPitch competition are helping to transform Africa’s food system

The Forum instills a culture of innovation and nurturing for technology-led agribusiness innovations to create jobs and improve youth livelihoods

As the world observes International Youth Day, Africa is producing a growing number of young entrepreneurs who are adopting new ideas to bring more affordable, quality food from farm to fork. This year’s theme is “Transforming Food Systems: Youth Innovation for Human and Planetary Health”, putting the spotlight on the…

Source: African Development Bank Group (AfDB) | Jul 08, 2021

African Development Bank to support creation of agricultural value chains in Côte d'Ivoire – President Adesina

Since 2015, the African Development Bank has quadrupled its investments in Côte d'Ivoire, bringing its portfolio to $2.7 billion

The African Development Bank (www.AfDB.org) will support Côte d'Ivoire in creating agricultural value chains to create more jobs and make economic growth more inclusive, the bank’s president, Dr. Akinwumi A. Adesina, said on Tuesday during a meeting with Ivorian Prime Minister Patrick Achi. "The African Development Bank will support the…

Source: African Development Bank Group (AfDB) | Jun 30, 2021

African Development Bank participates in launch of African Green Revolution Forum (AGRF) platform linking Africa’s SMEs to investment opportunity

The AGRF’s agriculture matchmaking platform initiative links some 4,000 actors in the agriculture sector to investment and networking opportunities

The African Development Bank’s (www.AfDB.org) incoming Vice President for Agriculture, Human and Social Development, Dr. Beth Dunford, and Director for Agricultural Finance and Rural Infrastructure Development Atsuko Toda joined development leaders online to launch this year’s African Green Revolution Forum (AGRF) Agribusiness Deal Room. The AGRF’s agriculture matchmaking platform initiative…

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- Mozambique: African Development Bank and Italian Technical Cooperation Fund extend €990,000 grant to boost agricultural value chains
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Source: African Development Bank Group (AfDB) | Jun 24, 2021

Mozambique: African Development Bank and Italian Technical Cooperation Fund extend €990,000 grant to boost agricultural value chains

The project will enable the businesses to better tap into national and regional markets and capitalize on the opportunities created by the African Continental Free Trade Area

The African Development Bank (www.AfDB.org), with financing from the Italian Technical Cooperation Fund, has provided a €990,000 grant to help smaller agro-processing enterprises boost production and quality control. The project will enable the businesses to better tap into national and regional markets and capitalize on the opportunities created by the…

Source: African Development Bank Group (AfDB) | Jun 16, 2021

Zambia: African Development Bank approves $1.4 million grant to improve household food security in the wake of Covid-19

The Zambian project is in line with the Bank’s High 5 strategic priorities, specifically, Feed Africa, Industrialize Africa, and Improve the quality of life for the people of Africa

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $1.4 million grant from the Global Agriculture and Food Security Program to reduce malnutrition among the Southern African nation’s most vulnerable households. The Mitigating Impacts of Covid-19 on Household Food Security Project will create about 150 permanent…

Source: African Development Bank Group (AfDB) | Apr 30, 2021

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

Of the overall amount pledged, more than $10 billion came from The African Development Bank

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…

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