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…

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),…

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…

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,…

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…

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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…

Source: African Development Bank Group (AfDB) |

South Sudan: A doctor recalls trauma and triumphs with Covid-19 patients

Lori said that improvements in the infectious disease unit have made a significant difference

Dr. Abe Manase Lori is haunted by the memory of a 45-year-old patient who succumbed to Covid-19 at the beginning of the pandemic in South Sudan. “This was a time when we ran out of resources…It was unfortunate. We lost him,” said the 34-year-old doctor, who works at the Dr.…

Source: African Development Bank Group (AfDB) |

Southern Africa Set for Economic Rebound, but Impact of Covid-19 Lingers

Southern Africa is projected to grow 3.2% in 2021 and 2.4% in 2022, according to the Bank’s Southern Africa Economic Outlook

Southern Africa is set for an economic rebound in 2021 and 2022, provided the Covid-19 pandemic tapers off, according to a report published by the African Development Bank (www.AfDB.org). Like elsewhere on the continent, the pandemic will be a deciding factor in the region’s economic fortunes. If all goes well,…