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African Development Bank Group (AfDB)

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    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company
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Source: African Development Bank Group (AfDB) |

Gender in Focus: Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success

The competition, which this year awarded $140,000 in prizes, is a key activity of the Bank’s ENABLE Youth Program

Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard…

African Development Bank Group (AfDB)

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    • Group photo following the AAAP regional forum on the Future of Resilient Food Systems in Africa opening session on 31st January in Nairobi, Kenya. The speakers included Prof. Patrick V. Verkooijen, CEO, Global Center on Adaptation (5th from Left) and Dr. Pascal Sanginga, Regional Sector Manager for Agriculture and Agro-Industries, African Development Bank (middle)
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Source: African Development Bank Group (AfDB) |

Global Center on Adaptation, African Development Bank (AfDB) host regional forum on the future of resilient food systems in Africa

The forum brought together stakeholders from ministries of agriculture, related government agencies, public research institutions, farmer organizations, universities and non-profit organizations working on climate adaptation

The Global Center on Adaptation (GCA) in collaboration with the African Development Bank (www.AfDB.org) and the Wangari Mathai Institute have concluded a three-day regional forum on the future of resilient food systems in Africa. The Forum, called the Future of Resilient Food Systems in Africa – AAAP Digital Solutions for…

African Development Bank Group (AfDB)

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    • Water facilities in the city Khenifra located in the Middle Atlas, in central Morocco.
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Source: African Development Bank Group (AfDB) |

Morocco: African Development Bank Group Strengthens its Technical Assistance to Boost Water Resources

The grant, extended through the Bank's Technical Assistance Fund for Middle-Income Countries, will support technical assistance to the Government of Morocco

Financing Approval Date: 21 December 2022 Project name: Technical Assistance for Dam Design and Interconnection Studies Amount: €201,00 Objectives The grant, extended through the Bank's Technical Assistance Fund for Middle-Income Countries, will support technical assistance to the Government of Morocco for the design of dams, river development and inter-basin interconnection…

African Development Bank Group (AfDB)

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    • L-R: Allan Kasujja, Moderator; Admassu Tadesse, president and CEO, Eastern and Southern African, Trade and Development Bank; Danladi Verheijen, Co-founder and CEO, Verod Capital; Mr. Malick Ndiaye, CEO, Banque Agricole; Dr. Olagunju Ashimolowo, Vice President, Operations, ECOWAS Bank for Investment and Development; Mr. Wagner Albuquerque de Almeida, Global Director for Manufacturing, Agribusiness and Services, International Finance Corporation
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Source: African Development Bank Group (AfDB) |

Unlock the impact potential of agricultural Small and Medium Enterprises (SMEs) in Africa, experts urge at Dakar 2 Food summit

The African Development Bank Group and the Government of Canada announced the establishment of a new special fund to support Africa’s small and medium-sized enterprises (SMEs) in the agriculture sector

Global experts meeting during a panel session at the second international summit on food production in Dakar (https://apo-opa.info/3DS5k2j) called for accelerated avenues to close the financial gap in agriculture and address barriers to the growing finance market for agricultural Small and Medium Enterprises (SMEs). The discussions come in the wake…

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    • Dakar 2 Summit: Partnership to deliver technologies to farmers to feed Africa – says Adesina
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Source: African Development Bank Group (AfDB) |

Dakar 2 Summit: Partnership to deliver technologies to farmers to feed Africa – says Adesina

The panel discussion was part of the three-day Dakar 2 Food Summit which was opened on Wednesday by Senegalese President Macky Sall

Africa’s push for food sovereignty and resilience depends on investments and partnerships, African Development Bank Group (www.AfDB.org) president Akinwumi Adesina said on Thursday at the Dakar 2 Food Summit a food summit in Senegal. Speaking during a panel discussion on Building Multilateral partnership and financing support, Dr Adesina outlined how…

African Development Bank Group (AfDB)

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    • (L to R) Nungari Mwangi, AgriSME Strategy and Partnerships Officer, AfDB, Atsuko Toda, Director, Agricultural Finance and Rural Development, AfDB, Andrew Mude, Lead, AgriSME Development and Financing, AfDB, Beth Dunford, Vice President, Agriculture, Human and Social Development, AfDB, Anita Vandenbeld, Parliamentary Secretary to Canada’s Minister of International Development and Edmond Wega, Executive Director for Canada, AfDB, pose for a photo at the press briefing for the launch of the African Development Bank’s Agri-food SME Catalytic Financing Mechanism”
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Source: African Development Bank Group (AfDB) |

Dakar 2: African Development Bank Group, Government of Canada announce funding facility to grow agriculture small and medium enterprises

The two organisations made the announcement at a press event on 27 January held during the Dakar 2 Africa Food Summit

The African Development Bank Group (www.AfDB.org) and the Government of Canada have established a new special fund to support Africa’s small and medium-sized enterprises (SMEs) in the agriculture sector. The Agri-food SME Catalytic Financing Mechanism aims to catalyze and de-risk investment for agriculture SMEs, as well as strengthen agricultural value…

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    • Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world
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Source: African Development Bank Group (AfDB) |

Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world

Opening the summit, President Sall — who is also the African Union chairperson — said the time had come for the continent to feed itself

The African Development Bank Group (www.AfDB.org), will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in…

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

Second International Summit on Food Production in Africa to Open in Dakar

Heads of state and government to chair sessions on developing country food and agriculture delivery compacts, spur commitment to political action toward eliminating hunger, malnutrition and extreme poverty in Africa

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…

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    • Winners of a previous AgriPitch Competition, pictured with African Development Bank and competition partner officials, receive big checks to fund their businesses
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Source: African Development Bank Group (AfDB) |

The African Development Bank Group’s $140,000 AgriPitch Competition names 25 finalists vying for top prizes

The AgriPitch Competition is a central and recurring activity of the African Development Bank’s ENABLE Youth Program

Twenty-five youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the African Development Bank (www.AfDB.org) Group’s 2022 AgriPitch Competition. The Bank, in collaboration with the implementing lead Private Equity Support and partner organizations Eldohub and the Private Finance Advisory Network, announced the 25 finalists…

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

African Leaders and United States (U.S.) Government Affirm Commitment to Nutrition Investment for Africa on Margins of United States (U.S.)-African Leaders Summit

U.S. Government is committing $760 million to expand and scale agricultural programs that support farmers and communities around the world hit by rising food, fuel, and fertilizer prices

African leaders and the United States government have underlined the the need for increased investment and prioritization of nutrition across the African continent. The African Development  Bank through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission convened a high-level discussion on 12 December, on…