Source: African Development Bank Group (AfDB) |

Government of Flanders Grants 1 Million Euros to the Africa Climate Change Fund to Support 5 Projects in Malawi, Mozambique and South Africa

The new contribution follows an initial grant of two millions euros to the Africa Climate Change Fund (ACCF) in November 2016 by the Flanders government, bringing the total contribution to the ACCF to 11.4 million euros

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) (http://bit.ly/34JgdzF) to support five projects in three African countries - Malawi, Mozambique and South Africa. In Malawi, the project will contribute to “demonstration of an innovative results-based finance model for adaptation to…

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…

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) |

Africa Investment Forum 2019: Billion dollar boost for African female entrepreneurs

The European Investment Bank (EIB) expects the gender-lending initiative to allow women to play a more active role in economies

The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what the EIB has…

Source: African Development Bank Group (AfDB) |

Malawi: The African Development Bank approves $13.2 million for sustainable fisheries, aquaculture development and watershed management

The project is expected to directly benefit 20,000 residents around the surrounding lakeshore and inland areas

The African Development Bank Group (www.AfDB.org) has approved a $13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi. The Sustainable Fisheries, Aquaculture Development, and Watershed Management project will provide infrastructure for increased fisheries productivity and market access. Board approval for the…

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…

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

Malawi: African Development Bank boosts cyclone response with emergency relief package and measures to combat climate change

The Bank’s Climate Fund will also release $150,000.00 to Malawi to enable authorities to assist communities and internally displaced persons impacted by the cyclone

Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai has received a boost from the African Development Bank (www.AfDB.org), which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region. Mateus Magala, the Bank’s Vice…

Source: African Development Bank Group (AfDB) |

Agriculture Fast Track Fund to launch 17 new projects in support of agribusiness Small and Medium Enterprises (SMEs) in Ghana and seven other African countries

The Agriculture Fast Track Fund (AFT) is managed by the Agriculture and Agro-Industry Department of the African Development Bank

Who: The African Development Bank What: Launch of 17 new grant projects funded by the Agriculture Fast Track Fund (AFT) (https://bit.ly/2P94vrr) Date: Wednesday, 17 April 2019, from 9:00 – 11:00am Venue: African Development Bank, Ghana Country Office, Ridge, Accra. The African Development Bank (www.AfDB.org) will launch 17 new grant projects…

Source: African Development Bank Group (AfDB) |

Agriculture Fast Track Fund to launch 17 new projects in support of agribusiness small and medium-sized enterprises (SMEs) in Ghana and seven other African countries

The Fund finances the project development cost of a broad range of agriculture infrastructure

Who: The African Development Bank What: Launch of 17 new grant projects funded by the Agriculture Fast Track Fund (AFT) (https://bit.ly/2P94vrr) Date: Wednesday, 17 April 2019, from 9:00 – 11:00am Venue:  African Development Bank, Ghana Country Office, Ridge, Accra. The African Development Bank (www.AfDB.org) will launch 17 new grant projects…