Source: African Development Bank Group (AfDB) |

African Development Bank approves EUR 88 million loan to Cameroon to finance COVID-19 response

In Cameroon, the pandemic has revealed the structural weaknesses of the country’s health system and economy

The Board of Directors of the African Development Bank (www.AfDB.org) on Monday approved a EUR 88 million loan to Cameroon as direct budget support to finance the country’s COVID-19 crisis response. The loan, to the country’s COVID-19 Crisis Response Budget Support Programme (PABRC), falls under the framework of the Bank’s…

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

How Rwanda is spurring a generation of women in technology

Rwanda is renowned as a pioneer for gender equality

In 2020, it was the only African country ranked in the top 10 of the World Economic Forum’s Global Gender Gap Report. It ranked in the top four in the Report’s political empowerment category, in recognition of the high proportion of Rwandese women lawmakers and ministers. The country therefore seemed…

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

African Development Bank approves $4 million grant to bolster South Sudan’s COVID-19 response

As of June 15, 2020, the country had reported 1,693 cases, 27 deaths and 49 recoveries

The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a UA 3 million ($4.16 million) grant to South Sudan to support the emergency response to COVID-19 and strengthen the country’s fragile health system. The grant, from the Transitional Support Facility of the Bank Group’s African Development…

Source: African Development Bank Group (AfDB) |

Singer and activist Youssou N’Dour, Zambia’s Minister of Health, African Development Bank Vice President headline call to build African solidarity post-COVID-19

COVID-19 crisis could exacerbate inequalities in education, health and employment opportunities that exist on the continent

How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent’s development goals in the post-COVID world? That was the question posed at a webinar hosted by the African Union’s Economic, Social and Cultural Council (AU-ECOSOCC) and the African Development Bank’s Civil Society and Community…

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

The “High 5s”: A strategic vision and results that are transforming Africa

Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives

For the past ten years, Africa has recorded some of the world’s strongest rates of economic growth. At the same time, many African economies continue to function at well below their full potential. Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives. The African…

Source: African Development Bank Group (AfDB) |

Launch of publication on land reform

Rethinking land reform in Africa: new ideas, opportunities and challenges

What: Launch of publication and policy platform on land reform Who: African Natural Resources Centre (ANRC) When: Tuesday 26 May 2020 at 10.00 am Where: Digital on www.afdb.org The African Natural Resources Center (ANRC) of the African Development Bank Group (www.AfDB.org) will launch  a publication containing a series of articles…

Source: African Development Bank Group (AfDB) |

The African Development Bank and its partners want your ideas for beating the COVID-19 pandemic

Set to host an online #AfricaVsVirus Challenge from 16 to 19 April 2020

The African Development Bank (www.AfDB.org) and partners are set to host an online #AfricaVsVirus Challenge from 16 to 19 April 2020. The 72-hour competition is a global hackathon – or “ideathon” – to develop effective solutions to the coronavirus pandemic. The Challenge is open to entrepreneurs, companies, civil society organizations…

Source: African Development Bank Group (AfDB) |

African Development Bank to provide underserved communities in Nigeria with sustainable energy solutions

The project, which will be implemented by Nigeria’s Rural Electrification Agency, is a boost to efforts to achieve the target of universal energy access by 2030

The African Development Bank (www.AfDB.org) and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical energy access deficits by channeling private sector investments into mini grid and off-grid solutions. The project, which will be implemented by Nigeria’s Rural Electrification Agency, is a boost to efforts…

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

Sierra Leone to count on African Development Bank to help build resilient economy, restore self-sufficiency in rice production

Sierra Leone also sought the Bank’s support for the implementation of its free quality education programme

Sierra Leone will look to the African Development Bank (www.AfDB.org) to stimulate agribusiness development in the country with a focus on rice production, its president Maada Bio told a visiting delegation led by its president Akinwumi Adesina. Adesina began a two-day visit to Sierra Leone on Wednesday, during which he…

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

Nigeria: Visiting Abia State Governor seeks partnership with African Development Bank to transform state into industrial hub

The State Government’s goal is to transform the region into a manufacturing and industrial powerhouse and create 700,000 jobs over 5 years

A thriving entrepreneurship industry and agricultural base in Nigeria’s Abia State are the foundation for the creation of a potentially viable industrial hub, its governor Okezie Ikpeazu told the African Development Bank (https://www.AfDB.org/) Tuesday. Ikpeazu met with African Development Bank President Akinwumi Adesina at the Bank’s headquarters in Abidjan, Cote…