Source: African Development Bank Group (AfDB) |

First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank

The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions

First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized by the African Development Bank (https://www.AfDB.org). The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable…

Source: African Development Bank Group (AfDB) |

UN General Assembly 2019: Scaling Up Nutrition Lead Group meets to chart way forward

The meeting of the group’s leaders took place at the UNICEF headquarters in New York on the sidelines of the UN General Assembly

“Energy, passion and a lot of young people who care about nutrition” will underpin the Scaling Up Nutrition (SUN) Movement’s newest phase, alongside stronger private sector engagement, members of the Lead Group heard on Tuesday. The meeting of the group’s leaders took place at the UNICEF headquarters in New York…

Source: African Development Bank Group (AfDB) |

7th Tokyo International Conference on African Development (TICAD7): Invest in Africa’s food markets to win the war on hunger and boost nutrition – African Development Bank

“There is a business case for governments to invest in grey matter – Jennifer Blanke

By investing in Africa’s food markets, governments can win the fight against stunting and improve nutrition across the continent. And with support from institutions like the African Development Bank (www.AfDB.org), the results would be a win-win situation for all. “What a huge potential the food markets represent. “Feed Africa,” which…

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

Japan and African Development Bank announce $3.5 billion in support of Africa’s private sector development

Electricity, transport, and health identified as key priorities

Japan and the African Development Bank (www.AfDB.org) on Friday announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4), during the 7th Tokyo International Conference on African Development (TICAD 7). Both Japan and the Bank have set a target of $1.75 billion each,…

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

Seventh Tokyo International Conference on African Development (TICAD 7): Japan, South Africa and the African Development Bank unveil priorities to accelerate Africa’s technology transformation journey

“Let’s be visionary. Let’s be bold. Let’s support concrete initiatives to boost science, technology, and innovation in Africa,”- Akinwumi Adesina

Science, technology and innovation as well as human resource development are critical in Africa, a continent, which has the biggest potential on earth, Prime Minister Shinzo Abe said at the Science and Technology in Society (STS) forum held in Yokohama, on Wednesday, as part of TICAD 7. The Science and…

Source: African Development Bank Group (AfDB) |

Seventh Tokyo International Conference on African Development (TICAD7): Digital Agriculture next frontier for economic development in Africa

“There’s risk, yes, but there are juicy returns, now is the time for all of us to run in that direction.” - Jennifer Blanke

Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles, participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa,…

Source: African Development Bank Group (AfDB) |

Seventh Tokyo International Conference on African Development (TICAD7): PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

“We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity” - Adesina urges

The Sasakawa Association will work with the Japan International Corporation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7. “Japanese technology can play a key role…

Source: African Development Bank Group (AfDB) |

Japan and Austria to support private sector climate change investments on the continent

The project will be implemented by the Climate Change and Green Growth Department of the African Development Bank

The governments of Japan and Austria have approved a $1 million fund to strengthen the participation of the private sector in combating climate change. The funding will be channeled to the Africa Private Sector Assistance (FAPA) grant, which aims to expand the role of the private sector in the Nationally…

Source: African Development Bank Group (AfDB) |

African Development Bank President Akinwumi Adesina leads delegation to IMF-World Bank Spring meetings

The meeting will be attended by other US government officials and investors

African Development Bank (www.AfDB.org) President Akinwumi Adesina is expected in Washington DC, on Monday, to take part in the IMF/ World Bank Spring meetings from 9-12 April. Dr. Adesina and a delegation of senior Bank officials, are expected to meet with US Congresswoman Karen Bass, who serves on the House…

Source: African Development Bank Group (AfDB) |

The African Development Bank and Sophia University in Japan sign memorandum of understanding (MOU) to build capacity

Sophia University, a leading private Jesuit university with a student population of 14,000 (2018), is one of many in the country that host the Japan-Africa Scholarship

The African Development Bank (AfDB.org) and Sophia University in Japan, have signed a Memorandum of Understanding to promote capacity development within the two institutions for their mutual benefit and the entire African continent. The agreement was signed Friday at the Bank’s Abidjan headquarters. “It is our sincere wish that this…