Source: African Development Bank Group (AfDB) |

British Prime Minister, African Leaders urge Investors to accelerate Economic Role on the Continent

The UK-Africa Investment Summit, the first of its kind hosted by the UK Government, was attended by the foreign secretary, Dominic Raab, the international development secretary, Alok Sharma, and Prince Harry

UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President…

Source: African Development Bank Group (AfDB) |

Egypt: African Development Bank board approves €109 million to transform sewage coverage in Upper Egypt rural areas

The initiative is in line with the Bank’s water sector policy, which promotes efficient, equitable and sustainable development through integrated water resources management

The Board of Directors of the African Development Bank (https://www.AfDB.org/) has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural areas in Luxor Governorate in Egypt’s Upper Nile region. The Integrated Rural Sanitation in Upper Egypt – Luxor (IRSUE-Luxor) project is set…

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

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. But an online learning program piloted by the African Development Bank has given her two “gifts”: digital skills and a sense of confidence. Odetola,…

Source: African Development Bank Group (AfDB) |

25th United Nations Climate Change conference (COP 25): ‘Africa’s future depends on solidarity’ Leaders and development partners rally around climate change goals

Speakers called for a united front to tackle the challenges of climate change in Africa

There was standing room only as ministers, diplomats, activists and journalists gathered at the IFEMA conference centre in Madrid to mark Africa Day at the COP 25 climate meeting. Speakers called for a united front to tackle the challenges of climate change in Africa. In the opening statement for Africa…

Source: African Development Bank Group (AfDB) |

African Development Bank and African Union to roll-out a continent-wide electricity market Masterplan

The Masterplan also will inform the energy component of a Programme for Infrastructure Development (PIDA) Action Plan

The African Development Bank (AfDB.org) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power System Master Plan between the Bank and AUDA-NEPAD was unveiled, on November 29th, during a three-day…

Source: African Development Bank Group (AfDB) |

“Let’s address skills mismatch in jobs for the youth,” speaker tells African Economic Conference

According to Adamon Mukasa, senior researcher at the African Development Bank, under-skilled youth represented 28.9% of Africa’s population

The second day of the 2019 African Economic Conference, exploring ways to create jobs for Africa’s youth,  focused on the youth skills gap issue across the continent. The conference in the Egyptian resort of Sharm El Sheikh is hosted by the African Development Bank (AfDB.org) in partnership with the United…

Source: African Development Bank Group (AfDB) |

2019 African Economic Conference: Work as one and listen to the youth to create jobs for Africa’s next generation, delegates urge policymakers

One of the highlights of this year’s conference was a session for young African entrepreneurs to share their work and ideas to shape the future of the continent

Africa must work as one to turn the continent’s ‘youth bulge’ into opportunities, delegates at the closing of the 2019 African Economic Conference said on Wednesday. The three-day conference in Sharm El Sheikh, Egypt, discussed initiatives for boosting entrepreneurship, improving the business ecosystem, access to capital and better infrastructure –…

African Development Bank Group (AfDB)
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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…

Source: African Development Bank Group (AfDB) |

Fostering jobs, entrepreneurship, and capacity development for African youth: the time for disruption is now! (by Hanan Morsy)

The 2019 African Economic Conference (AEC) is held in Egypt and hosted by the Bank on the theme; “Jobs, entrepreneurship and capacity development for African youth"

by Hanan Morsy “There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with…

Source: African Development Bank Group (AfDB) |

African Development Bank launches digital tool to help African youth learn to code

The goal is to scale up the program to 130 centers of excellence across the continent over a 10-year period

The African Development Bank (www.AfDB.org) and technology firm Microsoft (https://bit.ly/2LiaqcU) today launched the ‘Coding for Employment’ digital training platform (https://Coding4Employment.org/), an online tool to provide digital skills to African youth, wherever they are across the continent. The platform, launched at the 2019 African Economic Conference in Sharm El Sheikh, Egypt, aims to…