Source: African Development Bank Group (AfDB) |

COVID-19 crisis is pushing us to refocus priorities, says Bank Vice President Quaynor in Global Infrastructure Forum event on infrastructure project preparation

The COVID-19 pandemic has sharpened Africa’s already urgent need for added infrastructure spending

The African Development Bank (https://www.AfDB.org/) hosted an online seminar on 7 October as part of the fourth annual Global Infrastructure Forum, drawing together representatives of government, the private sector and multilateral development institutions to discuss strengthening infrastructure development in the COVID-19 pandemic era. The Bank’s workshop, titled Infrastructure Project Preparation:…

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)
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Source: African Development Bank Group (AfDB) |

Dr. Akinwumi Adesina, eighth President of the African Development Bank, sworn in for second term

Adesina – “Let us move forward, driven by the power of our mission, inspired by the primacy of our vision and emboldened by the strength of our togetherness”

“Today, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies of Africa...The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank.” With these powerful words President of the African Development Bank Group (www.AfDB.org),…

Source: African Development Bank Group (AfDB) |

African Development Bank Group Inaugration Speech Dr. Akinwumi A. Adesina September 1, 2020

I am grateful for the opportunity to serve Africa passionately

Protocols Your Excellency, President Alassane Ouattara, President of the Republic of Côte d’Ivoire  Your Excellency, President Muhammadu Buhari, President of the Federal Republic of Nigeria Your Excellencies, Heads of State and Governments  Excellencies former Heads of State and Governments  Chairperson of the African Union Commission  The Former Commonwealth Secretary General…

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

African water and sanitation projects critical to preparedness for COVID-19-like pandemics (By Wambui Gichuri)

Investments in improved water and sanitation infrastructure is a public health priority for countries and communities

By Wambui Gichuri, Acting Vice President, Agriculture, Human and Social Development and Director, Water Development and Sanitation at the African Development Bank (https://www.AfDB.org/) As the prevalence of COVID-19 accelerates across Africa, over 40% of the population in Sub-Saharan Africa do not have access to clean water and are unable to…

Source: African Development Bank Group (AfDB) |

‘Africa’s outlook is positive,’ African Development Bank tells Indian investors and officials

The African Development Bank and India have a long-standing strategic partnership dating back almost 40 years to 1982

The groundwork has been laid for Indian investors who are looking to invest in Africa. During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its partners, officials called for Indo-African partnerships to go beyond government-to-government cooperation and promote private sector participation in order to accelerate…

Source: African Development Bank Group (AfDB) |

In Lesotho, An African Development Bank project enhances primary and secondary school education - report

The eight-year project focused on improving the quality of primary and secondary instruction and building skills to give young people access to better job opportunities

An education project in Lesotho, financed by the African Development Bank (www.AfDB.org) and implemented between 2008 and 2016, has provided the country with new primary and secondary school infrastructure and teacher training to enhance educational quality, according to a recently published report by Bank. The Support to Education Quality Enhancement…

Source: African Development Bank Group (AfDB) |

Road to Annual Meetings: South African villagers find fresh water in ancient mountain springs

After undertaking a cost analysis of equipment to supply water from springs to village, community members pooled funds to buy it, and set up their water scheme

The village of Tsakhuma in the Vhembe district of South Africa’s Limpopo region is proof positive that communities can find solutions to their problems. Like many rural areas in South Africa, Tsakhuma lacked access to water for bathing, cooking, washing and chores, and the burden of fetching water fell on…

Source: African Development Bank Group (AfDB) |

Malawi to receive $45.07 million for national COVID-19 emergency response from the African Development Bank

The budget support intervention, will help boost the Malawi National COVID-19 Preparedness and Response Plan

Malawi will receive $45.07 million to finance the government’s response to the health, social and economic impacts of the COVID-19 pandemic, following a decision by the Board of Directors of the African Development Fund (ADF) held Wednesday. The package comprises a loan of $24.48 million, and a grant of $20.59…

Source: African Development Bank Group (AfDB) |

Niger: The African Development Bank enhances food security for nine million people (report)

The project entailed establishment of various types of infrastructure

The Water Mobilisation Project to Enhance Food Security in Maradi, Tahoua and Zinder Regions (PMERSA-MTZ) (https://bit.ly/32iTzQs), implemented between 2011 and 2018 in Niger, has sustainably increased agricultural production and productivity and increased food security for nearly nine million residents of this Sahelian country, according to a report by the African…