Source: African Development Bank Group (AfDB) |

Africa Investment Forum roundtable event showcases agribusiness investment opportunities ahead of 2021 Market Days

During the roundtable, members of the AIF team presented an outline of the deals to investors

The  Africa Investment Forum held a roundtable event to preview two agribusiness deals worth nearly $400 million as part of the lead-in to its upcoming 2021 Market Days. The investment opportunities, drawn from the Africa Investment Forum’s pipeline, will be presented in full during the Market Days, to be held…

African Development Bank Group (AfDB)
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    • At Paris Fashion Week, Ghanaian entrepreneur Roberta Annan launches €100 m Impact Fund to invest in Africa’s creative industries
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Source: African Development Bank Group (AfDB) |

At Paris Fashion Week, Ghanaian entrepreneur Roberta Annan launches €100 m Impact Fund to invest in Africa’s creative industries

The Impact Fund for African Creatives (IFFAC), will award grants of up to €50,000 to selected projects to accelerate development of the continent’s creative sector

Ghanaian businesswoman and entrepreneur Roberta Annan earlier this week launched a €100 million fund to channel investment into small and medium African creative and fashion enterprises. The Impact Fund for African Creatives (https://bit.ly/3BpJS1h) (IFFAC), will award grants of up to €50,000 to selected projects to accelerate development of the continent’s…

Source: African Development Bank Group (AfDB) |

Africa Climate Week: African Development Bank stands ready to deploy its resources to save people and the planet

The event, hosted by the government of Uganda, is expected to drive urgent critical discussion ahead of the COP26 climate conference

Calls to action sounded loud and clear from leading voices from across the region as Africa Climate Week 2021 kicked off. The event, hosted by the government of Uganda, is expected to drive urgent critical discussion ahead of the COP26 climate conference. The African Development Bank is hosting thematic sessions…

Source: African Development Bank Group (AfDB) |

UNGA 2021: The World has the Resources to End Hunger, African Development Bank Head tells UN Food Systems Summit

The welfare of the 70% of Africa’s population working in agriculture and agribusiness is a barometer of the state of the continent’s health

“The world has the resources to end hunger,” African Development Bank President Dr. Akinwumi A. Adesina (www.AfDB.org) said in a message on the first day of the United Nations Food Systems Summit. Convened by UN Secretary General António Guterres, the event is billed by its organisers as “a historic opportunity…

Source: African Development Bank Group (AfDB) |

Africa, Latin America and the Caribbean join forces to drive circularity

Dialogue was held among entrepreneurs, academics, and champions on the need to scale up the transition towards circular economies

The African Circular Economy Alliance (ACEA) (www.ACEAafrica.org), and the Circular Economy Coalition of Latin America and the Caribbean (CEC LAC) (https://bit.ly/3hHaxPw) have organized the first regional dialogue to strengthen cooperation around their common objectives. The event, titled “Regional deep-dive: Africa, Latin America & the Caribbean joining forces for circularity,” took…

Source: African Development Bank Group (AfDB) |

Egypt-International Cooperation Forum (ICF) high-level conference: African Development Bank joins calls for stronger development partnerships to spur Covid-19 recovery efforts

Participants also urged greater cooperation with the private sector in the short term to secure more rapid vaccine access for Africans

The African Development Bank (www.AfDB.org) Wednesday joined leaders of government and international organizations in calling for stronger partnerships to support Africa’s recovery from the Covid-19 pandemic at the first Egypt-International Cooperation Forum. Participants also urged greater cooperation with the private sector in the short term to secure more rapid vaccine…

Source: African Development Bank Group (AfDB) |

Put Adaptation Atop the Climate Change Agenda, Global Leaders Urge Ahead of COP26. “We are in the eye of the storm.”

The leaders underlined the imperative for all countries to step up climate adaptation initiatives while mitigating carbon emissions in the global effort to combat climate change

Global leaders stressed the critical urgency of climate adaptation when they came together in Rotterdam, the Netherlands, on Monday at a meeting of the Friends of the Global Center on Adaptation (GCA). The agenda was the acceleration of adaptation solutions ahead of November’s United Nations global climate summit, COP26. The…

Source: African Development Bank Group (AfDB) |

African Development Bank partners with Alliance for a Green Revolution in Africa as sponsor of virtual African Green Revolution Forum (AGRF) Bank "Digital Delegation" to participate in more than a dozen AGRF events

The Government of Kenya and the AGRF Partners Group are hosting AGRF 2021, organized under the theme, Pathways to Recovery and Resilient Food System

The African Development Bank (www.AfDB.org) returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – to be held in a hybrid format 6-10 September 2021. The Bank has earmarked $100,000 to support this year’s annual AGRF, which will be headlined by African…

Source: African Development Bank Group (AfDB) |

G20 Compact with Africa Reaffirms Commitment to Securing Africa’s Recovery from Covid-19 Pandemic through Private Sector Development and Vaccine Manufacturing

The Compact with Africa is a G20 initiative that promotes macroeconomic, business and financing reforms to attract more private investment in Africa

Participants of a G20 Compact with Africa meeting this week assessed Africa’s progress in fighting the Covid-19 pandemic. “We are meeting at a pivotal time in the relationship between Africa and the rest of the world,” said Italian prime minister Mario Draghi. The Compact with Africa is a G20 initiative…

Source: African Development Bank Group (AfDB) |

International community must act to avert a two-speed global economic recovery post Covid-19

The Compact with Africa is a G20 initiative that promotes private investment in Africa

Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to discuss the uneven global economic recovery, access to vaccines, and strategies to drive a recovery from the Covid-19 crisis. Merkel was joined by the heads of the African Development Bank, World Trade Organization,…