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African Development Bank Group (AfDB)

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    • In the emergency units of the Ibn Sina Hospital in Rabat, Morocco, a team of doctors treat patients severely affected by Covid-19. The African Development Bank has provided Morocco with more than €380 million through the COVID-19 Response Support Programme and Additional Funding for the Social Protection Support Programme
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Source: African Development Bank Group (AfDB) |

Morocco: African Development Bank Commits €87 Million Loan to Widen Social Protection and Strengthen Health Services

The program aligns with Morocco’s human development objectives and the Bank’s High 5s strategic goal to foster sustainable and inclusive growth on the continent

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved an €87 million loan to implement the Support Program for the Generalization of Social Coverage in Morocco. The primary objective of this operation is to consolidate the foundations of a viable social protection program based on an integrated…

African Development Bank Group (AfDB)

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    • The Foundation will strengthen bilateral initiatives for local manufacture of pharmaceuticals, such as the recent partnership between BioNTech and Senegal’s Pasteur Institute to produce vaccines against Covid-19. Picture: Akinwumi Adesina visiting Senegal’s Institut Pasteur, January 2022.
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Board approves landmark institution: Establishment of African Pharmaceutical Technology Foundation to transform Africa’s pharmaceutical industry

“Africa can no longer outsource its healthcare security to the benevolence of others” – Akinwumi Adesina

The African Development Bank’s (www.AfDB.org) Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products. African Development Bank Group President, Dr. Akinwumi Adesina…

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)

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    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (1)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (2)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (3)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (4)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank Head Celebrates Food ‘Milestone for Africa’ at the Launch of First Special Agriculture Industrial Zone in Mozambique

As war in Ukraine threatens Africa’s food supplies, African Development Bank head says agricultural zones hold the key

African Development Bank head Akinwumi A. Adesina (www.AfDB.org) joined President of the Republic of Mozambique Filipe Jacinto Nyusi, to launch the “milestone” Pemba-Lichinga Integrated Development Corridor on Saturday, in Mozambique’s northern Niassa province. The Board of Directors of the African Development Fund, the concessional window of the African Development Bank…

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    • African Development Bank Group signs Memorandum of Understanding with ECOWAS for $3.56 million grant to develop West Africa pharmaceutical industry
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Source: African Development Bank Group (AfDB) |

African Development Bank Group signs Memorandum of Understanding with ECOWAS for $3.56 million grant to develop West Africa Pharmaceutical Industry

The project's total cost is $3.77 million, to which the ECOWAS Commission will provide $200,000 in cash and $400,000 in-kind

The African Development Bank (www.AfDB.org) and the Commission of the Economic Community of West African States (ECOWAS) have signed a memorandum of understanding for $3.56 million in grant funding to support the development of pharmaceutical industries in West Africa. Lamin Barrow, Managing Director of the Bank for Nigeria and Mamadou…

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

Biovac and Development Partners Collaborate to Support South Africa’s Vaccine Manufacturing Expansion and Advance Long-Term Health Security Across Africa

Biovac to raise around $150 million (ZAR2.3 billion) to boost increased local vaccine manufacturing capacity across the African continent

Consortium of nine development partners to support Biovac’s expansion of its existing vaccine manufacturing plant capacity, and enable the production of Pfizer-BioNTech’s COVID-19 vaccine and other vaccines; Biovac to raise around $150 million (ZAR2.3 billion) to boost increased local vaccine manufacturing capacity across the African continent; Partners include AfDB (www.AfDB.org),…

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

African Development Bank Group approves historic health infrastructure strategy

The strategy is in line with one of the African Development Bank’s High 5 strategic priorities, namely improving the quality of life for the people of Africa

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved its Strategy for Quality Health Infrastructure in Africa 2022-2030, a historic first for the Bank. The strategy was developed in response to a call by the Bank’s Governors for the institution to define its role in addressing…

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

African Development Bank and WHO strengthen South Sudan’s emergency response with phase two of public health center

During phase two, the Center was equipped with hardware and software to facilitate emergency response operations

The government of South Sudan on Thursday inaugurated its Public Health Emergency Operations Center designed to respond promptly and effectively to public health risks and emergencies of international concern. The center is part of a $4.2 million African Development Bank grant-financed Covid-19 response project that included procuring an oxygen plant,…

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

African Development Bank and partners publish guide to help governments address public health investments

This guide will support health policymakers to further develop, adopt, and sustain innovative solutions to maximize the benefits of investments in health

The African Development Bank (www.AfDB.org), the World Health Organization Regional Office for Africa and their partners in the Harmonization for Health in Africa Initiative have published A Practical Guide to Value for Money in the Health Sector in Africa. Global public health is increasingly pitting ambition against limited resources. Africa…

African Development Bank Group (AfDB)

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    • “Africa cannot outsource its healthcare security to the benevolence of others”
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Source: African Development Bank Group (AfDB) |

“Africa cannot outsource its healthcare security to the benevolence of others”

Akinwumi Adesina says at 35th AU Summit

African Development Bank Group (www.AfDB.org) President Dr Akinwumi Adesina has said that the most important lesson of the Covid-19 pandemic for Africa is the need to build a defense mechanism against external shocks, especially in healthcare and financial security. “Investing in health is investing in national security,” Adesina told African…