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

North Africa Economic Outlook 2020: An unparalleled crisis and a conditional recovery

Socioeconomic stability, social inclusion and human capital development are prerequisites for resilience and emerging from the crisis

In 2020, the region will face an economic contraction forecast between 0.8 and 2.3%; Socioeconomic stability, social inclusion and human capital development are prerequisites for resilience and emerging from the crisis. The tourism and industrial sectors in North Africa are likely to be hardest hit by the COVID-19 pandemic, according…

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

Libya: African Development Bank grants $0.5 million emergency relief assistance for personal protective equipment (PPE) protection against COVID-19

The Bank’s funding will contribute to supporting the country’s national Response Plan for COVID-19

The Board of Directors of the African Development Bank (www.AfDB.org) have approved a grant of $480,000 to Libya under the Special Relief Fund (SRF) for the procurement of much-needed personal protective equipment (PPE) intended for treatment of cases of infection of the novel Coronavirus. The Bank’s funding will contribute 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…