Source: African Development Bank Group (AfDB) |

In Lesotho, An African Development Bank project enhances primary and secondary school education - report

The eight-year project focused on improving the quality of primary and secondary instruction and building skills to give young people access to better job opportunities

An education project in Lesotho, financed by the African Development Bank (www.AfDB.org) and implemented between 2008 and 2016, has provided the country with new primary and secondary school infrastructure and teacher training to enhance educational quality, according to a recently published report by Bank. The Support to Education Quality Enhancement…

Source: African Development Bank Group (AfDB) |

“Teach them smart solutions,” says out-of-the-box thinker Monique Ntumngia, founder of Green Girls, at 2020 African Economic Outlook launch

The Bank’s African Economic Outlook provides headline numbers on Africa’s economic performance and outlook

African governments must foster innovation and provide hands-on education solutions to young people if the continent is to beat the challenges of the next decade and meet global development targets. “Reality on the ground and the statistics do not meet, they are on parallel lines. There’s more of cram work…

Source: African Development Bank Group (AfDB) |

Seventh Tokyo International Conference on African Development (TICAD7): Digital Agriculture next frontier for economic development in Africa

“There’s risk, yes, but there are juicy returns, now is the time for all of us to run in that direction.” - Jennifer Blanke

Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles, participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa,…

Source: African Development Bank Group (AfDB) |

African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization

Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non- sovereign lending book, including power, transportation, financial sector, and manufacturing assets

With “Room2run,” AfDB Launches Securitization Market for Multilateral Development Bank Sector Transaction is in Direct Response to G20 Action Plan for Mdb Balance Sheet Optimization AfDB Commits to Reinvest freed up Capital into New African Infrastructure Lending, Making Room2run one of the Largest Impact Investments ever Transaction is supported by…