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

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. But an online learning program piloted by the African Development Bank has given her two “gifts”: digital skills and a sense of confidence. Odetola,…

Source: African Development Bank Group (AfDB) |

Kenya & Tanzania: Over 3 million people to benefit from African Development Bank’s €345 million road construction support

The total amount of co-financing is expected to be more than $ 1.2 billion when subsequent phases of the project are concluded

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (https://www.AfDB.org/) board in Abidjan on Thursday. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I, is in the form of African…

Source: African Development Bank Group (AfDB) |

African Development Bank and partners inaugurate Shango power substation in Rwanda to facilitate access to the regional electricity market

The Bank’s support to the energy sector has more than doubled over the past three years to the current level of 410.66 million euros

The African Development Bank (AfDB.org), Embassy of Germany in Rwanda and the KfW Development Bank joined the Government of Rwanda to inaugurate the high voltage 188 MVA Shango power substation in the capital Kigali and its related transmission network. The substation is part of the NELSAP Regional Interconnection Project involving…

Source: African Development Bank Group (AfDB) |

African Development Bank launches digital tool to help African youth learn to code

The goal is to scale up the program to 130 centers of excellence across the continent over a 10-year period

The African Development Bank (www.AfDB.org) and technology firm Microsoft (https://bit.ly/2LiaqcU) today launched the ‘Coding for Employment’ digital training platform (https://Coding4Employment.org/), an online tool to provide digital skills to African youth, wherever they are across the continent. The platform, launched at the 2019 African Economic Conference in Sharm El Sheikh, Egypt, aims to…

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

Global Gender Summit 2019: African Leaders Take on the Responsibility to Urgently Close the Gender Gap

The 2019 Global Gender Summit, the first to be held on the continent, kicked off on Monday with a strong call to surge ahead on gender issues and move from commitment to action

‘There is no template to follow…we (women) can deliver but we can deliver differently” - President Sahle-Work Zewde, President of Ethiopia; ‘We are making sure that narrowing this gender gap is everyone’s responsibility,’ President Paul Kagame of Rwanda; “This discrimination is political, economic and social; it is politically incorrect, unjustifiable…

Source: African Development Bank Group (AfDB) |

Opening Statement - Global Gender Summit (By Dr Akinwumi A Adesina, President of the African Development Bank Group)

This is the first time that the Global Gender Summit is being held in Africa

By Dr Akinwumi A Adesina, President of the African Development Bank Group Your Excellency, Paul Kagame, President of the Republic of Rwanda; Your Excellency, Sahle-Work Zewde, President of the Federal Democratic Republic of Ethiopia; Your Excellency, Moussa Faki Mahamat, Chairperson of the African Union Commission; Your Excellency, Joyce Banda, former…

Source: African Development Bank Group (AfDB) |

2019 conference on land policy in Africa: why it matters for the continent, by Cosmas Milton Ochieng

The theme of this year’s Conference on Land Policy in Africa is “Winning the fight against corruption in the land sector in Africa

Cosmas Milton Ochieng, an expert in natural resource governance and economic development in Africa, is the Director of the African Natural Resource Centre at the African Development Bank (https://www.AfDB.org). In collaboration with the African Union Commission and the United Nations Economic Commission for Africa, the African Development Bank will host…

Source: African Development Bank Group (AfDB) |

2019 Africa Investment Forum: Achieving an African economy four times bigger with only a 50% increase in energy demand

The Africa Investment Forum (AIF) brings together project sponsors and investors, borrowers, lenders, policy makers and public and private sector investors

Africa has the potential to expand the continental economy fourfold, with energy demands expanding by only 50 percent, according to a new report. The International Energy Agency (IEA) unveiled its report on the first day of the second African Investment Forum in Johannesburg, South Africa. Africa Energy Outlook 2019 found…

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

2019 Africa Visa Openness Index: African Union Commission, African Development Bank report shows wins in visa restrictions across Africa

This fourth edition of the Index shows that 47 countries improved or maintained their visa openness scores in 2019

For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival; Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa. Dowload report: https://bit.ly/2rwlzQ9 For the first time, African travellers have liberal access…

Source: African Development Bank Group (AfDB) |

Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards

The initiative was formalized on 18 October, on the sidelines of the World Bank Group/International Monetary Fund (IMF) Annual Meetings in Washington DC

Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region. The initiative was formalized on 18 October, on the sidelines of the World Bank Group/IMF Annual Meetings in Washington DC. The countries agreed on priority projects and…