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African Development Bank Group (AfDB)

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    • Fifth from left: Prof Emeritus Olugbemiro Jegede; AfDB President Akinwumi Adesina; Primate of the Church of Nigeria (Anglican Communion) Most Rev Henry C. Ndukuba at the Council of Anglican Provinces of Africa retreat, where Adesina spoke on 'Food Security and Financial Sustainability in Africa'
    • AfDB President Akinwumi Adesina speaking on 'Food Security and Financial Sustainability in Africa' at the Council of Anglican Provinces of Africa retreat in Abuja
    • Most Rev. Henry C. Ndukuba, Primate of the Church of Nigeria (Anglican Communion), thanks AfDB President Akinwumi Adesina (to the left) for his lecture on 'Food Security and Financial Sustainability in Africa' at the CAPA retreat in Abuja
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Source: African Development Bank Group (AfDB) |

Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending

The President of the African Development Bank Group Dr. Akinwumi Adesina (www.AfDB.org) has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This follows the announcement by Nigeria’s Minister for Agriculture Abubakar Kyari on July 10 that the Federal Government would suspend duties, tariffs,…

African Development Bank Group (AfDB)

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    • Several regions of Mauritania will benefit from the AfDB project, which aims to increase productivity, add value to agricultural products, boost women's incomes and support female entrepreneurship
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Source: African Development Bank Group (AfDB) |

Mauritania: The African Development Bank grants $17 million to strengthen resilience of female market gardeners, add value to agricultural production and increase incomes of rural women

The project will directly benefit up to 22,200 households and will have indirect impact on nearly 90,000 people

The African Development Bank (ADB) Group (www.AfDB.org) Board of Directors has approved a grant of $17 million to the Islamic Republic of Mauritania to implement the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women's Entrepreneurship (French acronym PCVASGEF) (http://apo-opa.co/3ztTpsd). This project is financed under the Global Agriculture and…

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

Liberia: African Development Fund approves $10 million from Global Agriculture and Food Security Program (GAFSP) Trust Fund to scale up nutrition project

The proposed project is anchored on government priorities to improve food security and strengthen livelihood, agricultural transformation, and economic prosperity for all

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia. The project aims to improve…

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

African Development Bank, World Food Programme (WFP) project boosts wheat production in war-torn Sudan amid soaring hunger

The yield of 645,000 metric tonnes of wheat this year accounted for 22 percent of the total wheat consumption needs of Sudan

An emergency wheat production project in Sudan financed by the African Development Bank (www.AfDB.org) and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across five states within the past year. The African Development Bank…

African Development Bank Group (AfDB)

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    • African Development Bank, African Union, United States Government, International Fund for Agricultural Development, CGIAR advance ties to boost Africa’s food production
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Source: African Development Bank Group (AfDB) |

African Development Bank, African Union, United States Government, International Fund for Agricultural Development, CGIAR advance ties to boost Africa’s food production

The African Union Commission-mandated Soil Initiative for Africa is a framework effort to systematically improve Africa’s soil health and productivity

Top development organisations have pledged to forge partnerships to expand the Vision for Adapted Crops and Soils (VACS), an initiative aimed at building resilient African food systems based on diverse, nutritious, and climate-adapted crops grown in healthy soils. On the sidelines of the African Fertilizer and Soil Health Summit in…

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

REISSUE: 2024 Annual Meetings: African Development Bank President Outlines Gains of Historic 2023 Dakar 2 Summit

Bank will invest $2.9 billion to support the Country Food and Agriculture Delivery Compacts; appoints Special Envoys to fast-track implementation

Since the Dakar 2 Summit (https://apo-opa.co/4bBfGm1), six African countries have set up Presidential-level Councils to drive implementation of the Country Food and Agriculture Delivery Compacts agreed at the summit, while another twelve countries are at various stages of establishing their councils. Presidential Councils have taken off in Tanzania, Democratic Republic of…

African Development Bank Group (AfDB)

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    • (L-R) Sudan’s Finance Minister and African Development Bank Governor, Dr. Gebreil Ibrahim Mohamed Fediel, warmly shakes hands with Rufus N. Darkortey, the Bank’s Executive Director for The Gambia, Ghana, Liberia, Sierra Leone, and Sudan
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Source: African Development Bank Group (AfDB) |

African Development Bank reaffirms support for Sudan amid civil conflict

The Bank approved $74 million for the Sudan Emergency Wheat Production project, implemented by the World Food Program, which is enhancing food security and wheat production

The African Development Bank (www.AfDB.org) has reassured Sudan of its continued support in providing humanitarian and economic assistance, while addressing other priority needs amid the country’s ongoing civil conflict. Rufus N. Darkortey, the Bank’s Executive Director representing The Gambia, Ghana, Liberia, Sierra Leone, and Sudan, reaffirmed this commitment during discussions…

African Development Bank Group (AfDB)

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    • $4 Trillion is New Annual Financial Target to Save Sustainable Development Goals, says African Development Bank’s Adesina
    • Africa is the worst affected region by climate change in the world, yet it receives the least in terms of climate financing. (Picture: floods in Nairobi, 24 April 2024. Credit: AFP)
    • 34 heads of state and government committed to implement country-led food and agricultural delivery compacts to achieve food security by 2030 at the Feed Africa Summit (Dakar 2) held in January 2023
    • The current annual investment of $4.5 billion in health infrastructure is significantly insufficient when measured against the actual need of $25 billion, said Dr. Adesina
    • “Islamic finance principles of shared prosperity, risk-sharing, and ethical investment present a clear path toward bridging the SDGs financing gap,” said Islamic Development Bank President Dr Mohammed Al Jasser
    • From left to right: African Development Bank Group President Dr. Akinwumi Adesina, Saudi Arabia’s Governor to the African Development Bank Dr Ryadh M. Alkhareif and Saudi Exim Bank CEO Engineer Saad Al-Khalb
    • From left to right: Dr. Akinwumi Adesina and Saudi Fund for Development CEO Sultan bin Abdulrahman Al-Marshad
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Source: African Development Bank Group (AfDB) |

$4 Trillion is New Annual Financial Target to Save Sustainable Development Goals, says African Development Bank’s Adesina

Adesina also spotlighted the African Development Bank’s strategic High 5 program as a cornerstone for progress, as underscored by an independent analysis by the United Nations Development Program

Adesina delivers keynote address as Islamic Development Bank marks its 50th anniversary; Climate and health initiatives are of paramount importance.  African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s…

African Development Bank Group (AfDB)

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    • Representatives of the African Development Bank, African Fertilizer Financing Mechanism, the Government of Norway and Apollo Agriculture at the Nairobi launch of the Financing for Sustainable Agriculture Management Project
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Source: African Development Bank Group (AfDB) |

Kenyan Farmers Get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee

The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales

In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism (https://apo-opa.co/3W642uA) has launched a project that will help deliver nearly 8,000 tons of fertilizers to 100,000 smallholder farmers, boosting harvests and incomes. Through its Fertilizer Financing for Sustainable Agriculture Management Project (https://apo-opa.co/3QfyVsr), the Mechanism will provide a…

African Development Bank Group (AfDB)

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    • Bank Executive Director Rufus Darkortey (right) welcoming Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire
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Source: African Development Bank Group (AfDB) |

African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing Conflict

The meeting between Ambassador Abdelhamid and Mr. Darkortey signifies a collaborative effort between the African Development Bank and Sudan to address challenges and pave the way for a more resilient future for the country

Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d’Affaires to Cote d’Ivoire, recently paid a courtesy visit to Mr. Rufus N. Darkortey, Executive Director for Sudan at the African Development Bank (www.AfDB.org). The meeting, held on April 4, 2024, at the African Development Bank’s headquarters in Abidjan, focused on collaborative efforts…