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…

Source: African Development Bank Group (AfDB) |

African Development Bank and Association for the Development of Education in Africa urge partners to tackle skills mismatch

The findings of the preliminary scoping study show that there are gaps in skills development for employability in Africa

The African Development Bank (https://www.AfDB.org/) and the Association for the Development of Education in Africa (ADEA) (http://www.ADEAnet.org/) have called for stronger links between technical and vocational education and training and industry to equip young people with the skills they need to boost technological advancement, trade and growth in Africa. A…

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

African Legal Support Facility launches new handbook on sovereign debt at 10th anniversary

The handbook discusses the fundamentals of sovereign debt, including the technical, financial and legal aspects of debt instruments and the markets in which they are traded

The African Legal Support Facility (ALSF) has launched a handbook on sovereign debt aimed at improving users’ understanding of the subject and offering development and implementation strategies and tips to avoid over-indebtedness. The Handbook on Sovereign Debt, produced by the ALSF in collaboration with 11 prominent debt professionals, was officially…

Source: African Development Bank Group (AfDB) |

Nigeria: All hands on deck to implement Special Agro-Industrial Processing Zones, says Minister Nanono

A workshop was held in Abuja from 17 to 18 February to address the categorization and location of the SAPZs

The African Development Bank (www.AfDB.org), in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing Zones in Nigeria. A workshop was held in Abuja from 17 to 18 February to address the categorization and location of the SAPZs, which are…

Source: African Development Bank Group (AfDB) |

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum

The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives

Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar hosted by the African Development Bank (AfDB.org) at its headquarters in Abidjan. The event attracted Ivorian and regional…

Source: African Development Bank Group (AfDB) |

African Development Bank Director Hanan Morsy named one of Egypt’s 50 most influential women

Dr Hala El Said, Egypt’s Minister of Planning and Economic Development, gave the award on 5 February in a ceremony organized under auspices of the Egyptian Prime Minister

The Director of Macroeconomic Policy, Forecasting and Research at the African Development Bank (https://www.AfDB.org/), Dr Hanan Morsy, has been named one of Egypt’s 50 most influential women. Dr Hala El Said, Egypt’s Minister of Planning and Economic Development, gave the award on 5 February in a ceremony organized under auspices…

Source: African Development Bank Group (AfDB) |

Getting Africans ready for the Fourth Industrial Revolution (4IR)

The African Development Bank will hold a workshop on the ability of the emerging technologies of the fourth industrial revolution to overcome the challenges that Africans face

WHAT: Workshop on the digital economy and the fourth industrial revolution in Africa WHO: The Industrial and Trade Development Department and Corporate IT Department WHEN: 19 to 20 February 2020 from 9 am to 5 pm WHERE: Babacar Ndiaye Auditorium, African Development Bank Headquarters The African Development Bank (AfDB.org) will…

Source: African Development Bank Group (AfDB) |

African Development Bank approves $1 million grant for Uganda to stem Ebola transmission

Funds have been disbursed through the World Health Organization (WHO), which is the implementing agency

The African Development Bank (AfDB.org) has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. The grant to support Uganda’s National Ebola Viral Disease (EVD) Preparedness and Response Plan, was approved in January. Funds have been disbursed through the…