Source: African Development Bank Group (AfDB) |

African Development Bank approves $27 million to boost African Union’s COVID-19 Response Initiative

The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of State and Government with Africa’s private sector on 22 April 2020

The African Development Bank (http://www.AfDB.org) on Friday 24 July approved $27.4 million in grants to boost the African Union’s (AU) efforts to mobilize continental response to curb the COVID-19 pandemic. The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of…

Source: African Development Bank Group (AfDB) |

After COVID-19, will Africa Catch Up, Stand Still or Fall Further Behind? (By Professor Banji Oyelaran-Oyeyinka)

With this crisis comes an economic disruption of unprecedented proportion

At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities. African countries, at just such a crisis point as a result of the novel coronavirus, face three possible outcomes post-pandemic: play catch-up, stand still or fall even further…

Source: African Development Bank Group (AfDB) |

Africa Road Builders Babacar Ndiaye Trophy 2020: Egyptian president to receive Great Road Builder Award

Ivorian President Alassane Ouattara and African Development Bank President Akinwumi Adesina awarded special prizes

Egyptian president Abdel Fattah Al-Sisi was awarded the Babacar Ndiaye Great Road Builder Award it was announced Monday, a distinction for heads of state whose countries initiate outstanding projects or achievements in relation to the development of roads, transportation and mobility. Al Sisi was recognized for his “personal leadership” in…

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

How Rwanda is spurring a generation of women in technology

Rwanda is renowned as a pioneer for gender equality

In 2020, it was the only African country ranked in the top 10 of the World Economic Forum’s Global Gender Gap Report. It ranked in the top four in the Report’s political empowerment category, in recognition of the high proportion of Rwandese women lawmakers and ministers. The country therefore seemed…

Source: African Development Bank Group (AfDB) |

African Development Bank COVID-19 response: moving from commitment to action

As of June 12, the Bank’s COVID-19 emergency packages have reached the continent’s five geographic regions

The African Development Bank (https://www.AfDB.org) has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic. The Bank’s operations have continued to run smoothly since the first cases appeared in early March, despite the wide range of lockdowns and measures imposed by governments to flatten the…

Source: African Development Bank Group (AfDB) |

Singer and activist Youssou N’Dour, Zambia’s Minister of Health, African Development Bank Vice President headline call to build African solidarity post-COVID-19

COVID-19 crisis could exacerbate inequalities in education, health and employment opportunities that exist on the continent

How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent’s development goals in the post-COVID world? That was the question posed at a webinar hosted by the African Union’s Economic, Social and Cultural Council (AU-ECOSOCC) and the African Development Bank’s Civil Society and Community…

Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank (AfDB) approves 88 million euros emergency budget support for COVID-19 response

The operation will target support measures providing relief to the most vulnerable households, while safeguarding jobs and enabling businesses to quickly resume

The Board of Directors of the African Development Bank (www.AfDB.org) on Friday approved a loan of 88 million euros to Senegal, hit hard by the novel coronavirus pandemic, in support of the costs of its national COVID-19 Economic and Social Resilience Program. The financing, which falls under the Bank’s COVID-19 Rapid…

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) |

African Development Bank appoints Mrs. Nafissatou N’diaye Diouf Acting Director for Communications and External Relations

Nafissatou, a Senegalese national, is currently a Division Manager in the Communications and External Relations Department of the African Development Bank Group

The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mrs. Nafissatou N’diaye DIOUF as the Acting Director for Communications and External Relations Department (PCER), effective 1 April 2020. Nafissatou, a Senegalese national, is currently a Division Manager in the Communications and External Relations Department of the African Development…

Source: African Development Bank Group (AfDB) |

‘Let West Africa’s success echo throughout the world.’ Economic Community of West African States (ECOWAS) hails the success of African Development Bank investments in the region

The region’s economy is showing positive achievements, reaching 3.3 percent growth in 2019

The African Development Bank’s investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, said in Abuja on Saturday. He was speaking at the bloc’s fifty-sixth ordinary session, attended by regional heads of state and government. Brou said…