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African Development Bank Group (AfDB)

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    • From l to r: Minata Samate Cessouma, Commissioner for Health, Humanitarian Affairs and Social Development, African Union Commission; Samuel Ntsokoane Matekane, Prime Minister and Minister of Defence, National Security and Environment of the Kingdom of Lesotho; Sahle-Work Zewde, President of the Federal Republic of Ethiopia; Akinwumi Adesina, President of the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

Leaders say financing and stronger policies needed to tackle malnutrition affecting more than 80 million children

Some 86 million children below five face various forms of malnutrition, 63 million are stunted, 10 million are overweight and three million are wasted - that is they have low weight for their height

Lesotho, African Union Commission, African Development Bank (www.AfDB.org), and partners call for renewed commitment to boost nutrition for Africa’s children; "We have a duty and a responsibility to reduce malnutrition and stunting in Africa by 40% by 2025 - just one year from now" - Adesina. Africa’s children are paying…

African Development Bank Group (AfDB)

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    • Pictured (L-R) at the Progress and Achievements in Addressing Malnutrition event: Ibrahim Assane Mayaki, Honorary President of the Sahel and West Africa Club; Dr. Beth Dunford, African Development Bank Vice President; Prime Minister Ntsokoane Matekane of Lesotho; Dr. Qu Dongyu, Director-General of the Food and Agriculture Organization of the United Nations; Minata Samate Cessouma, Commissioner for Health, Humanitarian Affairs and Social Development at the African Union Commission; Joachim Von Braun, Co-Chair, Malabo Montpellier Panel and Department Director, University of Bonn; Lia Tadesse Gebremedhin, Minister of Health Federal Republic of Ethiopia; and Sabin Nzanzimana, Minister of Health of Rwanda
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Source: African Development Bank Group (AfDB) |

African leaders urge continent to strengthen political will toward achieving continental nutrition targets

“It is unacceptable that we stay silent and indifferent” - King Letsie III, of the Kingdom of Lesotho

Heads of African Union member states have called for more commitment and accountability in Africa’s effort to achieve continental and global goals for nutrition ahead of the 2025 World Health Assembly Nutrition target deadline. The leaders took part in a nutrition-themed side event during the 36th Ordinary Session of the…

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

Multinational: African Development Bank approves $86.72 million loan to boost water security and socio-economic development in South Africa and Lesotho

The multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho

The African Development Bank Group’s (AfDB.org) Board of Directors has approved a loan of $86.72 million to co-finance the second phase of the Lesotho Highlands Water Project. The multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho. The project entails harnessing the…

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

Lesotho: African Development Fund extends $4.25 million loan to modernize tax collection, boost revenue

The funds will go to support the Supplemental Financing of the Lesotho Tax Modernization Project

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $4.25 million to the Lesotho Revenue Authority to provide digital tax services, including e-taxation and e-payment, that will broaden the country’s tax base and boost government revenue. The funds, to be sourced from the…

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) |

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…

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

African Development Bank Regional Economic Outlook 2020: COVID-19 response and economic diversification crucial to growth recovery in Southern Africa, the most affected region

Impact of COVID-19 in South Africa projected to affect rest of Southern African economies

Report recommends inclusive, broad-based and pro-poor policies to address inequality and reduce poverty rates; Impact of COVID-19 in South Africa projected to affect rest of Southern African economies. A higher level of preparedness is urgently needed to prevent and mitigate the COVID-19 pandemic in Southern Africa, including additional resources for…

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

African Development Fund approves COVID-19 Response grants for six Southern African countries and São Tomé & Príncipe

The funds will facilitate the procurement of laboratory and medical supplies

The Board of Directors of the African Development Fund on Tuesday approved nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African Development Community (SADC) countries. Separately, the Board approved $683,000 in grants to São Tomé & Príncipe, to support the two-island nation’s response to the…

African Development Bank Group (AfDB)

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    • Left to Right: Bank Executive Directors Paal Bjornestad, Amos Kipronoh Cheptoo (partly hidden), Mmakgoshi Lekhethe, Judith Kateera, Mbuyami Ilankir Matungulu, Zimbabwe President Emmerson Mnangagwa and Finance and Economic Development Minister Professor Mthuli Ncube
    • Bank Executive Directors; Mmakgoshi Lekhethe, Mbuyami Ilankir Matungulu, Kenyeh Barlay, Paal Bjornestad, Judith Kateera and Amos Kipronoh Cheptoo at Kopa Bridge over Rusitu River in Chimanimani
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Source: African Development Bank Group (AfDB) |

Zimbabwe: African Development Bank Executive Directors conduct consultative mission, tour project sites

The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions

A seven-member delegation of Executive Directors of the African Development Bank (www.AfDB.org) visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of officials including President Emmerson Dambudzo Mnangagwa. The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions, during…

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

AU Summit: African leaders call for action to end malnutrition by 2025

Leaders acknowledged the scope of the challenge but sounded a note of optimism

African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message of a meeting that took place during the 33rd African Union Summit. Speakers at a meeting of the African Leaders for Nutrition…