Source: African Development Bank Group (AfDB) |

African Union holds global conference to accelerate African vaccine development and manufacturing capacity

The meeting was attended by several African heads of state, health, finance and trade ministers from across the continent

African leaders assembled at a global meeting to discuss the status of local pharmaceutical manufacturing on the continent, underscored the need to increase local production of vaccines and therapeutics to achieve greater public-health security. “The production of vaccines and access to vaccines is an absolute priority,” Cyril Ramaphosa, President of…

Source: African Development Bank Group (AfDB) |

African Development Bank President calls for Global Vaccine Solidarity and Justice for Africa

Acquiring vaccines has significant implications for African countries

African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina has called for vaccine justice for Africa. Speaking at the launch of the Bank’s African Economic Outlook 2021 report on Friday, Adesina decried the lack of Covid-19 vaccines reaching Africa. “We need global solidarity and vaccine justice for Africa,” Africa’s premier development…

Source: African Development Bank Group (AfDB) |

Aswan Forum: Put healthcare, including vaccines, at the center of rebuilding Africa back better and more resilient - WHO, African Development Bank, Africa CDC

WHO, African Development Bank and Africa CDC call for coordinated vaccination rollout and investments in local manufacture of drugs and diagnostics as a defense system for Africa

Africa must protect itself against future pandemics and other shocks through higher investment in primary healthcare and increased local manufacturing of key medical products, panelists at the Aswan Forum for Sustainable Peace and Development urged on Monday. Egypt hosted the virtual, second edition of the meeting, titled Shaping Africa’s New…

Source: African Development Bank Group (AfDB) |

Mauritius: JICA provides $289 million support to fight COVID-19 under initiative with African Development Bank

The loan is a parallel co-financing agreement between JICA and the African Development Bank under the Enhanced Private Sector Assistance for Africa joint initiative to spur private

The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to 30 billion Japanese yen ($289 million) to support Mauritius’ response to the COVID-19 pandemic and rebuild its economy. The loan, signed on 24 February, is a parallel co-financing agreement between JICA and the African…

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

African Development Bank President says vaccines and debt relief will be key to Africa’s recovery from COVID-19

“The world must not short-change Africa on access to vaccines” - President Adesina

The President of the African Development Bank (www.AfDB.org), Dr. Akinwumi A. Adesina, has called for fair access to COVID-19 vaccines for Africans and said debt relief would help African economies recover faster and better from the pandemic. Speaking on 8 February at a virtual event held in his honour as…

Source: African Development Bank Group (AfDB) |

COP26 Roundtable: ‘2021 will be critical in the fight against COVID-19 and climate change’ – UN Secretary-General António Guterres

COP26 President Sharma said the global transition to clean power must move at least four times the current pace to achieve targets set out in Paris Agreement on climate change

African Development Bank (www.AfDB.org) President Akinwumi Adesina on Monday joined world leaders to discuss the global transition to clean power as part of a green recovery and identify actions that can be taken to support this. The virtual COP26 Roundtable on Clean Power Transition, under the theme “Achieving a rapid shift…

Source: African Development Bank Group (AfDB) |

African Development Bank unveils Top 20 AfricavsVirus winners in virtual event

More than 25,000 participants from Africa and around the world pitched their ideas during a 72-hour ideathon

The African Development Bank (www.AfDB.org) has announced 20 finalists of the AfricavsVirus Challenge (https://AfricaVsVirus.com) who will receive a grant of up to $20,000 as well as access to business development and other in-kind services. The Top 20 Winners, announced during a virtual event held Friday, have been selected from a…

Source: African Development Bank Group (AfDB) |

Guinea Bissau: African Development Fund approves $9.8 million to Guinea-Bissau for COVID-19 relief and resilience

Guinea Bissau has been affected by the COVID-19 pandemic which has led to food shortages, economic pressure and reduced livelihood opportunities in the West African nation

The Board of Directors of the African Development Fund have approved a $9.8 million grant to Guinea Bissau for its national Control Support Project (PALPC), aimed at reducing the spread of the COVID-19 virus and boosting the resilience of health system and communities, especially the most vulnerable. Guinea Bissau has…

Source: African Development Bank Group (AfDB) |

Food security, agriculture, African Continental Free Trade Area (AfCFTA), crucial for Africa’s post-COVID-19 recovery - African Economic Conference

The African Development Bank has provided much-needed financial and technical assistance to the sector, including small scale agribusinesses

“The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration,” African Development Bank (www.AfDB.org) Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, said during a news conference on the opening day of the African Economic Conference…

Source: African Development Bank Group (AfDB) |

Youssou N’Dour, Graca Machel, Akinwumi Adesina discuss building back better after COVID-19 at Civil Society Forum

The two-day CSO Forum kicked off on Thursday under the theme “Engaging Civil Society in building back better after COVID-19”

Harness civil society’s “incredible potential to accelerate social change at scale” - Graça Machel; “Africa’s time is now. This should not only be words or prayers. It is within reach. I’m sure (the African Development Bank (https://www.AfDB.org/)) will be able to meet this challenge” - Youssou N’Dour; “We will work…