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

Nigeria: African Development Bank Group, MTN sign $500,000 grant agreement to study women’s access to financial services

The research, which includes a feasibility study, women-focused design and testing, will focus on both agents and customers to provide insights into women’s use of mobile money services

The African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria. The research, which includes a…

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

How fashion entrepreneurs can conquer COVID-19: Experts share tips at first Fashionomics Africa webinar

In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion

The African Development Bank’s (www.AfDB.org) Fashionomics Africa (www.FashionomicsAfrica.org) initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. In total, 136 fashion entrepreneurs, digital innovators and creative minds joined the discussion. The theme of the first episode of the series was: “What…

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

COVID-19 pandemic bolsters case for technology-based economic resilience (by Stefan Nalletamby)

African Development Bank has raised an exceptional $3 billion, three-year bond to help alleviate the economic and social impact of the COVID-19 pandemic

By Stefan Nalletamby As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic crisis. As of April 7, over 10,000 cases have been reported across 52 countries in Africa (less than 1% of cases globally). Yet…

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

African Development Bank’s Fashionomics Africa launches “game changing” digital marketplace for the continent’s fashion creators

The aim is to connect suppliers, buyers, manufacturers and distributors to consumers and investors - to increase access and grow markets

The African Development Bank’s (www.AfDB.org) flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa’s fashion designers, textile and accessories professionals connect with global markets. The launch took place on 25 November at the Global Gender Summit, a gathering of more than 1,500 representatives…

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

CORRECTION - 2019 Conference on Land Policy in Africa: Technology and innovation will help speed up removal of land sector corruption in Africa - African Development Bank

The African Development Bank is committed to working with its partners to improve governance in land administration as part of efforts to boost agriculture production

African countries must act faster to purge corruption in the land sector by harnessing technology and innovation, African Development Bank (AfDB.org) Senior Vice President Charles Boamah urged on Monday. Boamah, who was speaking to policymakers and stakeholders at a conference on Land Policy in Africa in the Ivorian capital, Abidjan, also…

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

Digital publisher Quartz taps African Development Bank Vice President Dr. Jennifer Blanke as a “Quartz Pro” Contributor

Quartz Pros are featured in Quartz’s recently launched app aimed at civil discussion by smart people about the news

Quartz (www.QZ.com), the digital journalism platform focusing on the global economy, has selected African Development Bank (www.AfDB.org) Vice President Dr. Jennifer Blanke as a “Quartz Pro” contributor. Quartz Pros are featured in Quartz’s recently launched app aimed at civil discussion by smart people about the news. Blanke, an economist responsible for the…

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

A-List Attendees throw weight behind Africa Investment Forum 2018

Prominent foreign envoys in attendance at the Forum, signaled growing interest in trade and partnership deals in Africa from Europe and overseas

Heads of State, presidents of Development Finance Institutions (DFIs), global and regional investors, business moguls and other A-list attendees are lauding the recently concluded inaugural Africa Investment Forum (AfricaInvestmentForum.com) as an unprecedented game changer for Africa. South Africa’s President Cyril Ramaphosa has described the Forum, convened by the African Development Bank…

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

Africa Investment Forum: High-tech player Mara announces first African-made smartphone

The Maraphone is high-spec, affordable, smart, transformative and in line with the Bank’s Industrialize Africa High 5 priority

African high-tech player Mara (https://Mara.com) on Friday announced the production of their newest product the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa. “China has Huawei, Xiaomi; the U.S has iPhone and finally Africa has Maraphone,” Ashish​ Thakkar, founder of Mara Group told a press conference…