Source: African Development Bank Group (AfDB) |

“Let us change the narrative on Africa in the United States” African Development Bank President tells African Diplomats in Washington

The Bank chief spoke during a meeting with African ambassadors at the chancery of the Embassy of the Republic of Congo in Washington last week

African Development Bank President Dr Akinwumi A. Adesina has said that a concerted effort to change the narrative on Africa in the United States is necessary to attract increased investments into the continent. He said the need for advocacy in the United States made having an African Development Bank office…

Source: African Development Bank Group (AfDB) |

UN GA 2021: Africa cannot outsource its health to the rest of the world, African Development Bank head says during panel on closing the health gap

The 76th General Assembly of the UN takes place this year against the Covid-19 pandemic, which has hit African economies badly, despite the overall lower death toll on the continent

Global leaders, in a sideline event on health during the United Nations General Assembly, voiced the urgent need to scale up Covid-19 vaccine production and access in the wake of a pandemic that has caused unprecedented economic loss and bankrupted health care systems in Africa. The Future Investment Initiative Institute…

Source: African Development Bank Group (AfDB) |

South Sudan: Country’s first oxygen plant comes on stream at Juba hospital to help fight Covid-19

The $980 000 oxygen plant project cost includes the procurement and construction of a facility to house the plant

South Sudan has begun producing oxygen following the successful installation of the country’s first oxygen plant at Juba Teaching Hospital, set up with funding from the African Development Fund. The oxygen plant was procured as part of measures to support the country’s ongoing Covid-19 response with a grant from the…

Source: African Development Bank Group (AfDB) |

South Sudan: African Development Bank and WHO hand over vehicles to support Covid-19 response

The cars will be used by the Public Health Emergency Operation Centre in Juba to coordinate the incident management system

The African Development Bank (www.AfDB.org) has donated two cars to support South Sudan’s ongoing Covid-19 response as part of efforts by the Bank and its partners to ease the toll of the pandemic on vulnerable African states. The donation was made to the Ministry of Health through the World Health…

Source: African Development Bank Group (AfDB) |

G20 Compact with Africa Reaffirms Commitment to Securing Africa’s Recovery from Covid-19 Pandemic through Private Sector Development and Vaccine Manufacturing

The Compact with Africa is a G20 initiative that promotes macroeconomic, business and financing reforms to attract more private investment in Africa

Participants of a G20 Compact with Africa meeting this week assessed Africa’s progress in fighting the Covid-19 pandemic. “We are meeting at a pivotal time in the relationship between Africa and the rest of the world,” said Italian prime minister Mario Draghi. The Compact with Africa is a G20 initiative…

Source: African Development Bank Group (AfDB) |

African Development Bank 2021 Annual Meetings: Members show support for plan to tackle Covid-19

Adesina also pledged that the Bank would strengthen support to African countries as they tackle the pandemic’s economic and health impacts

The African Development Bank Group’s (www.AfDB.org) shareholders have shown strong support for the Bank’s proposals to tackle the Covid-19 pandemic, and this as the continent faces the possibility of a third wave of infection amid poor vaccine access. This emerged from the 56th Annual Meetings of the Bank Group. The…

Source: African Development Bank Group (AfDB) |

Covid-19: African countries win the race against time with testing laboratories

Daily testing capacity of African countries rose from 13,200 at the beginning of the epidemic to 105,000

In March 2020, Africa had its back to the wall, helpless in the face of the magnitude of a virus that appeared in Asia and quickly spread to the entire planet. Only two African countries were then able to test for the novel coronavirus: Senegal, with its Pasteur Institute, and…

Source: African Development Bank Group (AfDB) |

African Union holds global conference to accelerate African vaccine development and manufacturing capacity

The meeting was attended by several African heads of state, health, finance and trade ministers from across the continent

African leaders assembled at a global meeting to discuss the status of local pharmaceutical manufacturing on the continent, underscored the need to increase local production of vaccines and therapeutics to achieve greater public-health security. “The production of vaccines and access to vaccines is an absolute priority,” Cyril Ramaphosa, President of…

Source: African Development Bank Group (AfDB) |

African Development Bank President calls for Global Vaccine Solidarity and Justice for Africa

Acquiring vaccines has significant implications for African countries

African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina has called for vaccine justice for Africa. Speaking at the launch of the Bank’s African Economic Outlook 2021 report on Friday, Adesina decried the lack of Covid-19 vaccines reaching Africa. “We need global solidarity and vaccine justice for Africa,” Africa’s premier development…

Source: African Development Bank Group (AfDB) |

Mauritius: JICA provides $289 million support to fight COVID-19 under initiative with African Development Bank

The loan is a parallel co-financing agreement between JICA and the African Development Bank under the Enhanced Private Sector Assistance for Africa joint initiative to spur private

The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to 30 billion Japanese yen ($289 million) to support Mauritius’ response to the COVID-19 pandemic and rebuild its economy. The loan, signed on 24 February, is a parallel co-financing agreement between JICA and the African…