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African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

CORRECTION - African Development Fund (ADF)-15 replenishment: Donors commit $7.6 billion, a 32% boost from last replenishment, in support of Africa’s low-income, fragile, countries

ADF-15 will support Africa’s most vulnerable countries by tackling the root causes of fragility, strengthening resilience, and mainstreaming cross-cutting issues

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

25th United Nations Climate Change conference (COP 25): ‘Africa’s future depends on solidarity’ Leaders and development partners rally around climate change goals

Speakers called for a united front to tackle the challenges of climate change in Africa

There was standing room only as ministers, diplomats, activists and journalists gathered at the IFEMA conference centre in Madrid to mark Africa Day at the COP 25 climate meeting. Speakers called for a united front to tackle the challenges of climate change in Africa. In the opening statement for Africa…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Fund (ADF-15) replenishment: Donors commit $7.6 billion, a 32% boost from last replenishment, in support of Africa’s low-income, fragile, countries

The Fund comprises 32 contributing states and benefits 37 countries

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Government of Flanders Grants 1 Million Euros to the Africa Climate Change Fund to Support 5 Projects in Malawi, Mozambique and South Africa

The new contribution follows an initial grant of two millions euros to the Africa Climate Change Fund (ACCF) in November 2016 by the Flanders government, bringing the total contribution to the ACCF to 11.4 million euros

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) (http://bit.ly/34JgdzF) to support five projects in three African countries - Malawi, Mozambique and South Africa. In Malawi, the project will contribute to “demonstration of an innovative results-based finance model for adaptation to…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Guinea-Bissau: African Development Bank presents the Lusophone Compact to private sector at Economic Forum

The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products and technical assistance

The African Development Bank (http://www.AfDB.org) presented the Lusophone Compact to the private sector in Guinea-Bissau last month, during an event at the national Economic Forum. The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

CORRECTION - 2019 Conference on Land Policy in Africa: Technology and innovation will help speed up removal of land sector corruption in Africa - African Development Bank

The African Development Bank is committed to working with its partners to improve governance in land administration as part of efforts to boost agriculture production

African countries must act faster to purge corruption in the land sector by harnessing technology and innovation, African Development Bank (AfDB.org) Senior Vice President Charles Boamah urged on Monday. Boamah, who was speaking to policymakers and stakeholders at a conference on Land Policy in Africa in the Ivorian capital, Abidjan, also…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

2019 Conference on Land Policy in Africa: Technology and Innovation Will Help Speed Up Removal of Land Sector Corruption in Africa - African Development Bank

The African Development Bank is committed to working with its partners to improve governance in land administration as part of efforts to boost agriculture production

African countries must act faster to purge corruption in the land sector by harnessing technology and innovation, African Development Bank (https://www.AfDB.org/) Senior Vice President Charles Boamah urged on Monday. Boamah, who was speaking to policymakers and stakeholders at a conference on Land Policy in Africa in the Ivorian capital, Abidjan,…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Getting women in the driver’s seat of Africa’s agribusiness revolution (by Mariam Yinusa and Edward Mabaya)

More African female agripreneurs must be supported to grow and progressively transition into the business segments of agricultural value chains which are most profitable

by Mariam Yinusa and Edward Mabaya Monica Musonda, CEO of Zambian food processing company Java Foods (https://Java-Foods.com/),  certainly faced hurdles in her rise to the top, but she overcame them. “Although the barriers to entry for women can be frustrating, they are often basic and relatively easy to resolve,” she said,…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

2019 conference on land policy in Africa: why it matters for the continent, by Cosmas Milton Ochieng

The theme of this year’s Conference on Land Policy in Africa is “Winning the fight against corruption in the land sector in Africa

Cosmas Milton Ochieng, an expert in natural resource governance and economic development in Africa, is the Director of the African Natural Resource Centre at the African Development Bank (https://www.AfDB.org). In collaboration with the African Union Commission and the United Nations Economic Commission for Africa, the African Development Bank will host…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2019: Unveiling the Boardroom: $67.6 billion dollars of deals tabled, $40.1 billion investor interest secured

Africa is winning…Africa is bankable- African Development Bank President Akinwumi Adesina

It was deals that brought participants to the 2019 Africa Investment Forum and they were not disappointed. The second Forum ended on a high note Wednesday, with 56 boardroom deals valued at $67.6 billion tabled - a 44% increase from last year. Fifty-two deals worth $40.1 billion secured investor interest…