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

African Development Bank commits $1.04 million towards two COVID-19 research projects in Angola

The Angolan Government intends to promote research and enhance capacity in the health sector, against the backdrop of the COVID-19 pandemic

Funds from the African Development Bank’s (www.AfDB.org) ongoing Science and Technology Development Project have been committed towards two research projects to mitigate the novel coronavirus (COVID-19) in Angola. The Science and Technology Development Project which is being executed by the Ministry of Higher Education, Science, Technology and Innovation, aims to…

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

UN General Assembly: strong plea to boost food security through South-South cooperation

The African Development Bank has launched the Technologies for African Agricultural Transformation (TAAT) to help take technologies to scale for millions of farmers across Africa

Leaders gathering for the United Nations General Assembly from 17-30 September 2019 in New York have made a strong plea for enhanced South-South cooperation to strengthen food security during a session co-hosted by the African Development Bank (https://AfDB.org/en). Speaking as part of this session on the role of South-South cooperation…

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

African Development Bank Boosts Jobs for Youth in Africa Strategy with close to $2 Million

Fund for African Private Sector Assistance (FAPA), of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute $923,570 and $988,202 to finance the Bank’s Fashionomics Africa Digital Marketplace and Entrepreneurship & Innovation Lab (eLab) programs

The African Development Bank’s (www.AfDB.org) Fund for African Private Sector Assistance (FAPA) (http://bit.ly/2xAJfTU), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative. FAPA, of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute…

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

African Development Bank and Portuguese-speaking countries sign declaration to spur economic development in Lusophone Africa

“Compact” seeks to attract increased private investment opportunities

The African Development Bank (www.AfDB.org) and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”. Dr. Akinwumi Adesina, President of the African Development Bank and Maria do Carmo Silveira, Executive Secretary of CLPL, signed the agreement…