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African Development Bank Group (AfDB)

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    • (L-R) Prof. Kevin Urama, Chief Economist/Vice President for Economic Governance & Knowledge Management, African Development Bank Group, Ms. Ellen Cathrine Rasmussen, Executive Vice President, Norfund, Mr. Hans Olav Kvalvaag, CEO, Release by Scatec and Prof Dan Banik of the University of Oslo in a panel discussion in Norway
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Chief Economist Kevin Chika Urama urges Nordic and Irish entrepreneurs in to make Africa their business and investment destination

According to Urama, agriculture and energy in Africa offer huge opportunities for trade and investment with Nordic countries

The African Development Bank Group’s (www.AfDB.org) Chief Economist, Prof Kevin Chika Urama, has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. Prof Urama, on an official visit to Denmark, Finland, Ireland, Norway and Sweden between 25-29 September, said Africa’s population boom - projected…

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

African Development Bank Group to Launch New Trust Fund for the Circular Economy

Circular economy principles play a strategic role in advancing the African Development Bank’s High-5 development priorities

The Board of Directors of the African Development Bank (www.AfDB.org) has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration of the circular economy into African efforts to achieve nationally defined contribution (NDC) targets. The Facility (https://bit.ly/3voaQVl), a multi-donor trust fund, will operate over a period…

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

“One” WASH program improves well-being of vulnerable communities in Ethiopia

The scheme combines the construction of infrastructure to extend access to water and sanitation to new areas and the revamping of disused equipment such as pumping stations and pipelines

Ethiopia’s ‘One’ model, under which the government runs its Water, Sanitation and Hygiene (WASH) National Program, (https://bit.ly/2Bif7lh) has steadily improved the well-being of the country’s rural and urban communities, top local officials say. “The ‘One’ here means we have one account, one budget and one report in one consolidated WASH…

African Development Bank Group (AfDB)

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    • Left to Right: Bank Executive Directors Paal Bjornestad, Amos Kipronoh Cheptoo (partly hidden), Mmakgoshi Lekhethe, Judith Kateera, Mbuyami Ilankir Matungulu, Zimbabwe President Emmerson Mnangagwa and Finance and Economic Development Minister Professor Mthuli Ncube
    • Bank Executive Directors; Mmakgoshi Lekhethe, Mbuyami Ilankir Matungulu, Kenyeh Barlay, Paal Bjornestad, Judith Kateera and Amos Kipronoh Cheptoo at Kopa Bridge over Rusitu River in Chimanimani
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Source: African Development Bank Group (AfDB) |

Zimbabwe: African Development Bank Executive Directors conduct consultative mission, tour project sites

The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions

A seven-member delegation of Executive Directors of the African Development Bank (www.AfDB.org) visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of officials including President Emmerson Dambudzo Mnangagwa. The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions, during…

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

African Development Bank showcases investment opportunities in Africa to Nordic investors

The Bank presented its strategy for the transformation of African economies and showcased investment opportunities on the continent

The African Development Bank (www.AfDB.org) in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark. The aim…