Source: African Development Bank Group (AfDB) |

African Development Bank, partners, host online workshop on enhancing water security in the Greater Horn of Africa

The virtual discussion, held on 15 December, was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility

The African Development Bank (www.AfDB.org) and the Intergovernmental Authority on Development (IGAD) (https://bit.ly/3nDsT4E), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to…

Source: African Development Bank Group (AfDB) |

South Sudan: For the people of Juba, an African Development Bank Group (AfDB) supported water project brings better health - and peace

Access to drinking water in South Sudan is a crucial issue for peacebuilding and dealing with community disputes that could undermine the country’s emergence from conflict and crisis

Farida, her school bag on her back and her face betraying a hint of a smile, sings softly on her way to school in Juba, the capital of South Sudan. Along with thousands of other South Sudanese girls, Farida has been able to attend class thanks to a project that…

Source: African Development Bank Group (AfDB) |

Financial modelling in the extractive sector: Harness Africa’s natural resources for sustainable development - African Development Bank

Natural resources play a critical role in economies, as they contribute to the well-being of the people, as a source of livelihood and contribute to GDP

Africa should harness its natural resources to accelerate sustainable development, the African Development Bank’s (www.AfDB.org) Chief Economist and Vice President for Economic Governance and Knowledge Management has said. Rabah Arezki was speaking to policymakers and stakeholders during a two-day inception workshop which began Monday on the Bank’s Financial Modelling for…

Source: African Development Bank Group (AfDB) |

African Development Bank Group approves $440,000 emergency relief assistance for flood victims in South Sudan and Sudan

The package, from the Bank’s Special Relief Fund, will be split nearly equally between the two countries and will be used to purchase food items and water

The African Development Bank Group (www.AfDB.org) has approved an emergency assistance relief package of $440,000 to fund ongoing humanitarian and emergency relief efforts in areas recently hit by floods in South Sudan and Sudan. The package, from the Bank’s Special Relief Fund, will be split nearly equally between the two countries…

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

East Africa holds its ground as Africa’s fastest growing region, despite COVID-19 disruption

Prior to the COVID-19 pandemic, the region’s economic growth was projected at more than 5 percent, well above continent’s average of 3.3 percent and global average of 2.9 percent

COVID-19 curbs East Africa’s growth, but still the strongest in the continent; Report calls for transition to higher value-added activities to build resilience to shocks. Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African…

Source: African Development Bank Group (AfDB) |

African Development Fund approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

The funds will be used to bolster health systems and disease surveillance, enhance infection prevention and control, and improve regional coordination

The Board of Directors of the African Development Fund (ADF) have approved grants totaling $9.52 million to strengthen responses to the COVID-19 pandemic in East Africa and the Horn, and in the Comoros. The grant, approved on 26 June, is part of the $10 billion COVID-19 Rapid Response Facility (CRF)…

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

African Development Bank approves $4 million grant to bolster South Sudan’s COVID-19 response

As of June 15, 2020, the country had reported 1,693 cases, 27 deaths and 49 recoveries

The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a UA 3 million ($4.16 million) grant to South Sudan to support the emergency response to COVID-19 and strengthen the country’s fragile health system. The grant, from the Transitional Support Facility of the Bank Group’s African Development…

African Development Bank Group (AfDB)
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    • 2020-02-14 Kiaruni/Kenya Swarm of 40-50 million adult desert locust hits millet fields in dmall Kenyan village - By Nicole Macheroux-Denault
    • Swarm of destructive Desert Locusts fill the sky over Samburu NR, Kenya. Locusts appear as dots in front of White clouds and blue sky. Schistocerca gregaria - By Jen Watson
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Source: African Development Bank Group (AfDB) |

African Development Bank approves $1.5 million emergency grant to curb desert locusts ravaging East and Horn of Africa

The proposed assistance will be channeled to the Intergovernmental Authority on Development (IGAD)

The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and food security. The proposed assistance will be…

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

President of the African Development Bank receives 8th African Leadership Magazine African of the Year Award

The African Leadership Magazine Persons of the Year Awards is now the most popular vote-based third-party endorsement in Africa

Over 200 leading African political, business, and diplomatic leaders gathered in Johannesburg for the 8th African Leadership Magazine Persons of the Year Award dinner. They witnessed Dr. Akinwumi Adesina, President of the African Development Bank (www.AfDB.org), being honored as the African of the Year 2019.  Themed ‘Africa for Africans –…

African Development Bank Group (AfDB)
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    • Left to Right: Bank Executive Directors Paal Bjornestad, Amos Kipronoh Cheptoo (partly hidden), Mmakgoshi Lekhethe, Judith Kateera, Mbuyami Ilankir Matungulu, Zimbabwe President Emmerson Mnangagwa and Finance and Economic Development Minister Professor Mthuli Ncube
    • Bank Executive Directors; Mmakgoshi Lekhethe, Mbuyami Ilankir Matungulu, Kenyeh Barlay, Paal Bjornestad, Judith Kateera and Amos Kipronoh Cheptoo at Kopa Bridge over Rusitu River in Chimanimani
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Source: African Development Bank Group (AfDB) |

Zimbabwe: African Development Bank Executive Directors conduct consultative mission, tour project sites

The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions

A seven-member delegation of Executive Directors of the African Development Bank (www.AfDB.org) visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of officials including President Emmerson Dambudzo Mnangagwa. The delegation also met officials from various ministries, civil society, private sector and multilateral financial institutions, during…