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

Sudan: $28.233 million in African Development Fund Grants to bolster response to COVID-19

The grants are being provided under the African Development Bank’s COVID-19 Response Facility

The Board of the African Development Fund on Wednesday approved grants worth $28.233 million to Sudan to shore up the country’s health system to effectively respond and contain the COVID-19 pandemic, mitigate its social and economic impacts and build resilience to future pandemics, including climate-induced outbreaks.  The funding will take…

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

COVID-19 stresses the need to transform Africa’s water, sanitation and hygiene services sector (By Osward M. Chanda)

The SWA Africa Region Finance Ministers’ Meeting held 4 November, highlighted a need for the continent’s Ministers of Finance to place more focus on and increase investments for water, sanitation and hygiene (WASH)

By Osward M. Chanda Alarming headlines that announced the arrival of the coronavirus pandemic in Africa in March 2020 have given way to stories of chin-stroking scientists wondering about the reasons for the relatively mild impact – compared to other continents – which COVID-19 has had on Africa. More than…

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

Tanzania: African Development Fund Approves $50.7m COVID-19 Crisis Response Budget Support

The pandemic has put increased pressure on Tanzania’s health facilities, social protection systems and has dampened the country’s projected growth of over 6.2%

The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19 pandemic. The loan, from the African Development Bank Group’s (https://www.AfDB.org/) COVID-19 Response Facility (CRF), will support the Government of Tanzania’s…

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

Uganda: Sharp Decline in Cases of Typhoid Fever, Diarrhoea, in Capital, Thanks to Sanitation Project

Approximately 240 public sanitation facilities with hand-washing points have been built, as well as family facilities for landlords and tenants

For several years now, typhoid fever and diarrhoea cases have fallen significantly in the Ugandan capital, Kampala, especially in the major district of Kawempe, according to an African Development Bank (https://www.AfDB.org/) report published on 7 October. Kawempe is an administrative subdivision that has developed rapidly, but water and sanitation infrastructure…

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

African Leaders for Nutrition call on leaders to embed nutrition within the Covid-19 response and recovery

The pandemic has created major global health and economic shocks, with unprecedented impacts on people’s health, nutrition and livelihoods

The African Leaders for Nutrition (https://bit.ly/33zUF9k) (ALN) have unveiled a position paper calling upon African Heads of State and Governments to ensure that financing for nutrition is included in their country’s COVID-19 response and recovery plans. The position paper, titled “Embedding Nutrition within the COVID-19 Response and Recovery,” was sent…

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

Supporting Public Private Partnerships in Africa: African Development Bank ready to scale up

The African Development Bank estimates Africa’s infrastructure financing needs at up to $170 billion a year by 2025

Representatives of the African Development Bank (www.AfDB.org), governments, Development Finance Institutions, the private sector and  professional associations joined a September 8 workshop to discuss how the Bank can strengthen support for Public Private Partnerships and channel greater investment toward economic and social infrastructure. The event, titled Designing the African Development…

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

African Development Bank approves $27.33 million to ramp up the African Union’s COVID-19 Response Initiative

The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020

The African Development Bank’s Board of Directors (www.AfDB.org) on Wednesday approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilize a continental response to curb the COVID-19 pandemic. The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government…

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

CORRECTION: Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Adesina: "I am deeply grateful for the collective trust, strong confidence and support of our shareholders”

Newly reelected African Development Bank (www.AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for a second five-year term for Adesina, giving him a mandate to renew a focus on the institution’s priorities,…

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

Closing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group, 2020 Annual Meetings African Development Bank Group August 27, 2020

The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!

Honorable Niale Kaba, Chairperson of the Board of Governors Your Excellencies, Governors Members of the Board of Directors Senior Management and Staff of the African Development Bank (www.AfDB.org) Ladies and Gentlemen The 2020 Annual Meetings of the African Development Bank have been exciting, intense, and rich in debate and dialogue!…

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

Highlights: Day 2 of the African Development Bank Group’s 2020 Annual Meetings

This year’s Annual Meetings were held virtually for the first time to comply with COVID-19 social-distancing guidelines

The African Development Bank Group (www.AfDB.org) on Thursday climaxed its 2020 Annual Meetings with a decisive reelection of President Akinwumi Adesina for a second five-year term as the pan-African development body gears up to support the continent’s COVID-19 recovery efforts. “It shows your demonstrated weight of support for my vision.…