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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…

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

Malawi: the Mzuzu-Nkhata Bay road now among the country’s safest roads, thanks to African Development Bank support

Bank financing of USD$30 million went into widening the road

A five-year project to rehabilitate the Mzuzu-Nkhata Bay road with African Development Bank (https://www.AfDB.org/) financing has made the road one of Malawi’s safest, according to the project’s completion report. The project, began in 2013, wrapped up in 2018.  The road was formerly very narrow and poorly maintained, and it required…

African Development Bank Group (AfDB)
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…

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

African Development Fund approves UA100.4 million multi-country Covid-19 Response Support for Malawi, Madagascar, Mozambique and Sao Tome

The package will support the national actions of the four countries in mitigating the impact of COVID-19, with the overall objective of protecting lives and livelihoods

The Board of Directors of the African Development Fund (ADF) on Wednesday approved a UA100.4 million (about $138 million) crisis budget support package to four southern African countries – Malawi, Madagascar, Mozambique and São Tomé & Príncipe, in the wake of the COVID-19 pandemic. Under the package, known as the…

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

African countries making headway in tackling tax evasion and money laundering, 2020 Tax Transparency report says

The report was published during a virtual launch

African countries made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows in 2019, the latest Tax Transparency in Africa report, launched Thursday, revealed. Tax Transparency in Africa 2020 - produced by the Global Forum for Transparency and Exchange of Information…

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)
Source: African Development Bank Group (AfDB) |

Malawi: African Development Bank-managed water and sanitation project helping to curb COVID-19 wins Prince Talal International Prize for Human Development

The Integrated Urban Water and Sanitation Project for Mzimba Town project won the award in the ‘governments and social foundations’ category

An African Development Bank (www.AfDB.org) -financed and supervised water and sanitation project, now helping to curb the spread of COVID-19 in Malawi, has won the prestigious Prince Talal International Prize for Human Development. The Integrated Urban Water and Sanitation Project for Mzimba Town project, co-financed by the OPEC Fund for…

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

Africa cannot go back to ‘business as usual’ when COVID-19 pandemic is over (By Babatunde Omilola)

But it will teach us an important lesson: the need to invest in health infrastructure across the world, and particularly in Africa

By Babatunde Omilola Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be defeated, and life return to normal. But it will teach us an important lesson: the need to invest in health infrastructure across the world, and…

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

Keynote Speech delivered by Dr. Akinwumi A. Adesina at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum”

The Department for International Development (DFID) is a key strategic partner of the African Development Bank

By Dr. Akinwumi A. Adesina Good morning everyone! It’s a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The…

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

Hola, Madrid! African Development Bank takes the continent’s climate agenda to COP25 in Spain

The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025

The Bank is playing a leading role in guiding progress on climate change on the continent. The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025. The African Development Bank (http://www.AfDB.org) will on Monday kick off a campaign to plead the continent’s case at…