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

African Development Bank joins forces with international organisations to help developing countries build resilience to extreme weather

The members of the Alliance have committed to ramping up action that strengthens the capacity of developing countries

The African Development Bank (www.AfDB.org) has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather. Following a series of deadly weather events that have caused widespread destruction, especially in Africa, the institutions came together at…

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,…

African Development Bank Group (AfDB)
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…

African Development Bank Group (AfDB)
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…

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

Africa Day at COP 25 takes stock of climate talks

Africa Day marks Africa’s presence and participation at the various United Nations Climate Change Conference (UNFCCC) sessions since COP 17

What:              Africa Day When:             10 December 2019     Where:            Room 3, Hall 4 at IFEMA Conference Centre, Madrid Time:              18:30 to 20:00 Who:               Jointly organized by the African Union Commission, African Development Bank (http://AfDB.org/), and the United Nations Economic Commission for Africa       Officials, experts, activists and journalists…

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

African Development Bank’s Fashionomics Africa launches “game changing” digital marketplace for the continent’s fashion creators

The aim is to connect suppliers, buyers, manufacturers and distributors to consumers and investors - to increase access and grow markets

The African Development Bank’s (www.AfDB.org) flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa’s fashion designers, textile and accessories professionals connect with global markets. The launch took place on 25 November at the Global Gender Summit, a gathering of more than 1,500 representatives…

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

African Development Bank President wins All Africa Business Leaders Awards ™ 2019 African of the Year award

To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond description – Akinwmi Adesina

African Development Bank (https://www.AfDB.org/en) President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders Awards (AABLA™), Thursday, in recognition of his bold leadership and the innovation of the Africa Investment Forum which “opened up billions of dollars of investment into the continent.” The…

African Development Bank Group (AfDB)
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…

African Development Bank Group (AfDB)
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…