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African Development Bank Group (AfDB)

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    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (1)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (2)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (3)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (4)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (5)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (6)
    • Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs (7)
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Source: African Development Bank Group (AfDB) |

Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs

The recommendations from the youth dialogue were presented to African ministers at a ministerial roundtable later at the African Economic Conference (AEC)

Young African entrepreneurs urged to make their voices heard in business policy-making across the continent and called on governments to implement friendlier tax policies, improve access to finance and boost support for youth-led businesses to create jobs. Speaking at the 2019 African Economic Conference in the Egyptian resort of Sharm…

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) |

Cameroon: Three Power Plants Financed by the African Development Bank to Reduce Power Cuts

With an estimated 23,000 MW hydroelectric production capacity, Cameroon has the second largest hydroelectric potential in Africa and the 18th largest worldwide

For many years, Cameroon’s national electricity supply has been notoriously unreliable and subject to power cuts. The last significant electric system outage, which lasted eight hours, occurred last March and affected several of the country’s regions (the Far North, North, Littoral, Adamaoua, South and Centre regions). However, three projects financed…

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

World Food Prize and World Hunger Fighters Foundation Launch Fellowship for Young African Agribusiness Innovators

The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans

The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs.  The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses…

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

First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank

The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions

First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized by the African Development Bank (https://www.AfDB.org). The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable…

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

UN General Assembly 2019: Scaling Up Nutrition Lead Group meets to chart way forward

The meeting of the group’s leaders took place at the UNICEF headquarters in New York on the sidelines of the UN General Assembly

“Energy, passion and a lot of young people who care about nutrition” will underpin the Scaling Up Nutrition (SUN) Movement’s newest phase, alongside stronger private sector engagement, members of the Lead Group heard on Tuesday. The meeting of the group’s leaders took place at the UNICEF headquarters in New York…

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

United Nations General Assembly (UNGA) 2019: Sahel threats necessitate ‘global response’: Issoufou

The Bank's vision of the Sahel is one of green growth and prosperity founded on clean, reliable and affordable energy systems

Niger's President Mahamadou Issoufou called on Sunday for a "global response" to the problems of land degradation that threaten the arid Sahel belt. Addressing a meeting of the Climate Commission for the Sahel Region at the United Nations, Mahamadou said the region's 250 million people are struggling with drought, desertification…

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

“To integrate Africa, bring down the walls,” Adesina urges at 2019 African Development Bank Annual Meetings Open in Malabo

Adesina urged African governments to work toward the elimination of non-tariff barriers

African leaders on Wednesday underscored the urgent need to fast-track the continent’s regional integration process in order to accelerate Africa’s economic transformation. The call was made at the opening ceremony of the Bank’s 2019 Annual Meetings, in Malabo, Equatorial Guinea, with the theme: “Regional Integration for Africa’s Economic Prosperity.” “Apart…

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

African Development Bank approves strategy for Central Africa - “crucial for the economic integration of the region”

The Central Africa Regional Integration Strategy Paper (RISP) for 2019 – 2025 builds on the lessons learned from the implementation of previous regional development initiatives

The Board of the African Development Bank (www.AfDB.org) has approved the Central Africa Regional Integration Strategy Paper 2019 – 2025, adopting the Bank’s multinational operations in Central Africa over the indicated period. The Central Africa Regional Integration Strategy Paper (RISP) for 2019 – 2025 builds on the lessons learned from…

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

Cameroon: African Development Bank approves €17.96 million Ring-Road project to improve socio-economic growth in the North-West province

The loan for the 365 km Ring Road is the Bank’s third intervention in the implementation of this important road network rehabilitation and upgrading project

The African Development Bank (www.AfDB.org) has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of the country. The Ring Road project, which falls under phase three of the country’s Transport Sector Support Programme, aims to improve…