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

Empower women to help save Africa from climate change

Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector

That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when women are involved in decision making, agreements on the environment are more likely to be ratified and projects around natural resources, such…

Source: African Development Bank Group (AfDB) |

Tunisia Trains first set of Drone pilots for agricultural productivity

The training which focused on handling, maintenance and the security aspects of flying drones, took place in Tunis from 19-30 November 2018

Eight pilots have successfully passed their drone flight training in Tunisia following a two-week intensive training period organized by the Ministry of Agriculture of Tunisia, the African Development Bank (www.AfDB.org) and Busan Techno Park. The training which focused on handling, maintenance and the security aspects of flying drones, took place in…

Source: African Development Bank Group (AfDB) |

African Development Bank Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum

Egypt is the Bank’s second largest regional shareholder and third client in terms of cumulative historical approvals, making it the Bank’s strong partner

African Development Bank (www.AfDB.org) President Akinwumi Adesina has saluted Egypt’s strong macroeconomic performance, its improved ranking in the ‘Doing Business Index,’ and the success of major projects in which the Bank is supporting Egypt, lessons that can be learned for the development and the integration of the continent. Adesina was speaking…

Source: African Development Bank Group (AfDB) |

Huge desert solar initiative to make Africa a renewables power-house

Solar projects stretching across the Sahel region are expected to connect 250m people with electricity by tapping into the region’s abundant solar resource

The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. Energy poverty in Africa is estimated to cost the continent 2-4 % GDP annually, according to the African Development Bank (AfDB) (www.AfDB.org), which…

Source: African Development Bank Group (AfDB) |

Europe’s Future Lies in the South and not the North, says Italian Finance Minister at Africa Conference

Africa is currently home to five of the world’s fastest growing economies, and only 4 African countries out of 54 will record negative growth in 2018, compared to 8 in previous years

“Africa is a continent of great change and opportunities. However, Europe finds it difficult to understand that its future lies in the South and not in the North,” said Giovanni Tria, Italian Minister of Finance and Economy. He was a speaking in Rome at a conference on Africa, challenges and…

Source: African Development Bank Group (AfDB) |

African Development Bank, Big Win Philanthropy, Dangote Foundation launch ambitious plan to improve child nutrition, fight stunting

Objective: to contribute to a 40% reduction in stunting in African children aged under 5 by 2025

Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank (www.AfDB.org) has unveiled a new Multi-Sectoral Nutrition Action Plan (https://bit.ly/2E4d3vW) that aims at raising investments towards reducing stunting by 40% in African children aged under 5 by 2025. Africa loses $25 billion per year in costs attributed to…

Source: African Development Bank Group (AfDB) |

African Economic Conference (AEC2018): Moving the Africa Free Trade Area agreement ahead with quick win solutions

The African Continental Free Trade (AfCFTA) area aims to create a single continental market for goods and services, with free movement of business persons and investments

A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but policy makers say there is time enough - and practical solutions - to move the process ahead. The African Continental…

Source: African Development Bank Group (AfDB) |

African Economic Conference (AEC) 2018: Africa must focus on its big resource - its young people, experts urge

Dr. Collier, Professor of Economics and Public Policy in the Blavatnik School of Government at the University of Oxford, was delivering a keynote address at the African Economic Conference 2018, hosted by the African Development Bank in Kigali, Rwanda

Professor Paul Collier, one of the world’s most influential development economists, warns that Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent. Dr. Collier, Professor of Economics and Public Policy in…

Source: African Development Bank Group (AfDB) |

2018 African Economic Conference in Kigali: together for a common purpose to achieve an outcome

The 2018 AEC theme: “Regional and Continental Integration for Africa’s Development” is aligned with the African Development Bank Group’s strategy to promote strong, shared and sustainable growth in Africa

If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic operation has gained the country global recognition. Umuganda means “coming together for a common purpose to achieve an outcome.” That is…

Source: African Development Bank Group (AfDB) |

Women Must Redesign the table, and not just expect to be at the table, says Ģraça Machel

Graca Machel spoke during the 22nd Eminent Speakers’ Lecture of the African Development Institute held at the Babacar N’diaye Auditorium in Abidjan, Cote d’Ivoire

Dame Graça Machel, one of Africa’s foremost advocates for the rights of women and children, has called on African women and policy makers to challenge gender inequality and inadequate female representation in the continent’s business and economic, political and policy space. “Africa’s socio-economic transformation will only be realized once we…