Source: African Development Bank Group (AfDB) |

African Development Bank approves $27 million to boost African Union’s COVID-19 Response Initiative

The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of State and Government with Africa’s private sector on 22 April 2020

The African Development Bank (http://www.AfDB.org) on Friday 24 July approved $27.4 million in grants to boost the African Union’s (AU) efforts to mobilize continental response to curb the COVID-19 pandemic. The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of…

Source: African Development Bank Group (AfDB) |

International community shows strong support for Sudan with $1.8 billion pledge

The African Development Bank has earmarked about $115 million in grants for the next three years to finance public sector projects and programs in Sudan

Over $1.8 billion dollars in pledges for Sudan poured in during a high-level Sudan Partnership Conference held on Thursday, 25 June 2020, marking an important step in the African nation’s re-engagement with the international community. African Development Bank (https://www.AfDB.org/) President, Akinwumi Adesina, and the World Bank and the International Monetary…

Source: African Development Bank Group (AfDB) |

African Development Bank ranks 4th on global index of transparency

Publish What You Fund ranked the Bank ‘very good’ — The highest of the five categories used to assess organisations’ transparency

Publish What You Fund has ranked the African Development Bank (www.AfDB.org) fourth out of 47 global development institutions on its Aid Transparency Index. The Index is the only independent measure of aid transparency among the world’s major development agencies. The index places the Bank in the highest category of transparency…

Source: African Development Bank Group (AfDB) |

Africa’s agriculture value chains must go digital to transform production - webinar

It explored digital responses that can be quickly deployed to address the disruptions to food systems, caused by COVID-19

Africa must seize the opportunity of the COVID-19 pandemic to deepen the digitalization of agricultural value chains and transform the sector, speakers at a webinar jointly hosted by the FAO Investment Centre and the African Development Bank (www.AfDB.org) said. The webinar, held on 10 June, is the first of a…

Source: African Development Bank Group (AfDB) |

Lawyering in Crisis: African countries among innovation leaders in the fight against COVID-19 pandemic

There have been 192 innovations directed at COVID-19 from Nigeria alone, as well as more than 90 from South Africa

African innovators have shown creativity and ingenuity in finding solutions to fight the COVID-19 pandemic, but face legal barriers to safeguarding their intellectual property. There have been 192 innovations directed at COVID-19 from Nigeria alone, as well as more than 90 from South Africa, it was revealed during a webinar…

Source: African Development Bank Group (AfDB) |

How fashion entrepreneurs can conquer COVID-19: Experts share tips at first Fashionomics Africa webinar

In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion

The African Development Bank’s (www.AfDB.org) Fashionomics Africa (www.FashionomicsAfrica.org) initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion. The theme of the first episode of the series was: “What…

Source: African Development Bank Group (AfDB) |

Launch of Fashionomics Africa Webinar Series

African Fashionpreneurs: Thriving in a (post-) COVID-19 World

What does the COVID-19 disruption mean for Africa’s Fashion Industry? Opportunities and Threats for Fashionpreneurs and Investors What: Launch of Fashionomics Africa Webinar Series Who: Gender, Women & Civil Society (AHGC) When: Tuesday, 2 June 2020: 10.00 am to 12.00 noon Where: Online The Gender, Women and Civil Society Department…

Source: African Development Bank Group (AfDB) |

Retool annual budgets toward agriculture production and expand food reserves, as COVID-19 exacerbates food scarcity, urges African Development Institute seminar

Africa must now, more than ever, develop and implement policies to enhance capacity to compete in the agriculture sector, processing, trade and industry

African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the COVID-19 pandemic, delegates at a two-day webinar hosted by the African Development Institute (ADI) urged on Tuesday. Africa must now, more than ever,…

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) |

On UN Global Compact Forum, panelists urge robust multi-stakeholder response to the coronavirus pandemic

Panelists stressed that humanity will need to accommodate itself to a new normal

The African Development Bank (www.AfDB.org) is ready to be a partner in coordinated international responses to the COVID-19 pandemic, and can offer expertise on the ground in Africa, an emerging and critical battleground in defeating the worldwide crisis. This was the top line message Acting Senior Vice President Bajabulile Swazi…