Source: African Development Bank Group (AfDB) |

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum

The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives

Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar hosted by the African Development Bank (AfDB.org) at its headquarters in Abidjan. The event attracted Ivorian and regional…

Source: African Development Bank Group (AfDB) |

Getting Africans ready for the Fourth Industrial Revolution (4IR)

The African Development Bank will hold a workshop on the ability of the emerging technologies of the fourth industrial revolution to overcome the challenges that Africans face

WHAT: Workshop on the digital economy and the fourth industrial revolution in Africa WHO: The Industrial and Trade Development Department and Corporate IT Department WHEN: 19 to 20 February 2020 from 9 am to 5 pm WHERE: Babacar Ndiaye Auditorium, African Development Bank Headquarters The African Development Bank (AfDB.org) will…

Source: African Development Bank Group (AfDB) |

African Development Bank approves $1 million grant for Uganda to stem Ebola transmission

Funds have been disbursed through the World Health Organization (WHO), which is the implementing agency

The African Development Bank (AfDB.org) has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. The grant to support Uganda’s National Ebola Viral Disease (EVD) Preparedness and Response Plan, was approved in January. Funds have been disbursed through the…

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

Canadian Prime Minister Justin Trudeau meets African leaders to advance conflict resolution and economic security

Trudeau called for cooperation among international partners and governments to create economic opportunity and prosperity that is broadly shared

Canada’s Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on Monday to discuss ways to secure peace across the continent as a necessary condition for prosperity.  Trudeau, the 2020 chair of the United Nations…

Source: African Development Bank Group (AfDB) |

AU Summit: African leaders call for action to end malnutrition by 2025

Leaders acknowledged the scope of the challenge but sounded a note of optimism

African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message of a meeting that took place during the 33rd African Union Summit. Speakers at a meeting of the African Leaders for Nutrition…

Source: African Development Bank Group (AfDB) |

‘A blueprint to address the continent’s human capacity gap.’ African Development Bank’s African Economic Outlook 2020 lauded at 33rd AU Summit

If the recommendations in the African Economic Outlook are implemented, there is no stopping the continent.” - Caleb Meakins, social entrepreneur, global campaigner against poverty and TedX speaker

The report reminds us of the size of the investment that must be made in the development of human capital in Africa.” - Victor Harison, the African Union Commissioner for Economic Affairs; “If the recommendations in the African Economic Outlook are implemented, there is no stopping the continent.” - Caleb Meakins,…

Source: African Development Bank Group (AfDB) |

African Development Bank President Akinwumi Adesina to lead delegation to 33rd African Union Summit

Key engagements include a presidential dinner to address malnutrition, a high-level meeting with Canadian Prime Minister Trudeau, and the presentation of the 2020 African Economic Outlook

The president of the African Development Bank (www.AfDB.org) Akinwumi Adesina is expected in the Ethiopian capital for the African Union’s 33rd Assembly of Heads of State and Government. The summit runs from 8-10 February 2020 under the theme: Silencing the Guns: Creating Conducive Conditions for Africa’s Development. Adesina will arrive in…

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

African Development Fund approves close to $35 million to the Government of Liberia for renewable energy

The ceremony was attended by officials from government, the Rural Renewable Energy Agency (RREA), the National Investment Commission (NIC), development partners and other stakeholders

The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. At a signing ceremony on 29 January in Monrovia, Dr. Orison Amu, the African Development Bank’s (AfDB.org) Country Manager in Liberia, and Samuel Tweah Jr.,…

Source: African Development Bank Group (AfDB) |

Provide young people with new skills to meet the needs of a 21st century labor market, African Development Bank report urges

According to the report two-thirds of Africa's youth are either overeducated or undereducated

"Youth must be prepared for the jobs of the future – not the jobs of the past," African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said on Thursday at the launch of the Bank's flagship African Economic Outlook (https://bit.ly/2ShnTnI) "Given the fast pace of change, driven by the 4th industrial revolution –…

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

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

The 2020 African Economic Outlook (AEO) showed that the continent’s economies are growing well

Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development Bank’s (AfDB.org) President, Akinwumi Adesina, said as he unveiled the Bank’s flagship economic report on Thursday. The 2020 African Economic Outlook (AEO) (http://bit.ly/2vABQFU) showed that the…