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African Development Bank Group (AfDB)

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    • Vice Chancellor Professor Abiodun Adebayo of Nigeria’s Covenant University cuts the ribbon at a new Coding For Employment Center of Excellence on the university’s campus in Ogun State, Nigeria
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Source: African Development Bank Group (AfDB) |

International Girls in Information and Communication Technology (ICT) Day: Coding for Employment’s new digital skills training centres to boost women’s opportunity in information and communication technology fields

The new centres of excellence are equipped with 50 computers, ergonomic furniture in classroom-style learning stations, and informal networking areas

The newest digital training centres of the African Development Bank’s (www.AfDB.org) Coding for Employment program will set aside half of their initial training slots to women applicants, the Bank said on International Girls in Information and Communication Technology (ICT) Day. The Coding for Employment program, which equips African youth with…

African Development Bank Group (AfDB)

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    • Digital financial solutions are key to reducing the gender access-to-finance gap in Africa
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Source: African Development Bank Group (AfDB) |

We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses

The funds will enable the Africa Digital Financial Inclusion Facility to design and implement programs to improve digital access to finance for women entrepreneurs

The Women Entrepreneurs Finance Initiative (We-Fi)  has announced a new round of funding under which the African Development Bank’s (www.AfDB.org) Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria. This…

African Development Bank Group (AfDB)

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    • Ms. Esther Dassanou, Coordinator of the African Development Bank’s AFAWA initiative, (second from left), Mr. Felix Anoblé, Cote d’Ivoire’s Minister for Small and Medium Enterprises, Handcrafts and Informal Sector (centre), and Mrs. Antonia Ngabala Sodonon, UN Women Representative in Cote d’Ivoire (second from right) at the Abidjan launch of the Blaatto platform
    • Minister Felix Anoblé (left) and UN Women’s Antonia Ngabala Sodonon signed an agreement for the management of the Blaatto platform during the launch ceremony
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Source: African Development Bank Group (AfDB) |

Cote d’Ivoire: African Development Bank-supported Digital Platform will Support Women Farmers to Gain Access to Markets

The platform is part of a UN Women project in Cote d’Ivoire to strengthen women’s agricultural resilience to climate change

Women farmers in Cote d’Ivoire will more easily find markets for their crops, thanks to a digital platform recently launched by UN Women.  Blaatto (https://bit.ly/3k4dJFi), part of the UN agency’s Buy From Women initiative, is targeting women smallholder farmers and members of women-led agricultural cooperatives in the country’s central region…

African Development Bank Group (AfDB)

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    • The Bank’s investment is expected to accelerate the creation of a new class of successful African entrepreneurs that will serve as a model to younger innovators
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Source: African Development Bank Group (AfDB) |

Multinational: African Development Bank earmarks €10 million equity investment to drive technologies in the wake of Covid-19

The Bank’s investment is expected to accelerate the creation of a new class of successful African entrepreneurs that will serve as a model to younger innovators

The Board of Directors of the African Development Bank (www.AfDB.org) has approved an equity investment of €9.8 million to support venture capital investments in African start-ups, from seed to growth stages. Of the equity investment, €7 million will be sourced from the African Development Bank’s own resources; the additional €2.8…

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

Mozambique joins collaborative ICT data collection initiative developed by African Development Bank

RASME is a partnership of the African Development Bank and the World Bank’s Geo-Enabling initiative for Monitoring and Supervision and KoBoToolbox teams

The African Development Bank (www.AfDB.org) has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME) project to Mozambique, making it the sixth African country to benefit from the tool which enhances project-related data collection in remote areas. RASME is a partnership…

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

African Development Bank signs agreement to fund regional financial market infrastructure of the West African Monetary Union

The grant will fund the creation of a digital platform to automate securities issuance for the regional financial market

The African Development Bank (www.AfDB.org) on Monday signed a grant agreement for an amount of $400,000 with the Dépositaire Central/Banque de Règlement of the West African Monetary Union (WAMU) to modernize the regional financial market infrastructure. The grant will fund the creation of a digital platform to automate securities issuance…

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

Malawi: African Development Fund signs $14.2 grant agreement for financial digitalization initiative

Funding for the Support DFIC project, approved last December, will be sourced from ADF, the Bank Group’s concessional financing window

The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14.2 million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system. Funding for the Support for Digitalization, Financial Inclusion and Competitiveness (DFIC) project, approved last December, will be sourced…

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

Acceptance Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group Award of Honorary Doctorate Federal University of Technology Minna, February 2, 2022

Minna is a town that produces great and eminent leaders

PROTOCOLS Your Excellency former Head of State, General Abdulsalami Abubakar The Chancellor Mr. Vice Chancellor Members of the University Council and the Senate Faculty members, management, and staff of the University Great students of the Federal University of Technology, Minna The Graduating Class of 2022 Royal fathers, the Emirs Parents,…

African Development Bank Group (AfDB)

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    • African Development Bank President, Akinwumi Adesina awarded honorary doctoral degree at Federal University of Technology Minna
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Source: African Development Bank Group (AfDB) |

African Development Bank President, Akinwumi Adesina awarded honorary doctoral degree at Federal University of Technology Minna

Calls on graduating class to create a new, greater and dynamic Nigeria

The Federal University of Technology Minna has awarded the President of the African Development Bank (www.AfDB.org), Dr Akinwumi Adesina an honorary doctorate. The honor was conferred at the institution’s 38th Founders’ Day and 30th Convocation ceremony of the University, in Minna today. Adesina joined three others honorary doctoral awardees, namely…

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

African Development Fund grants $1.5 million to Smart Africa Alliance to strengthen the policy environment for digital trade and e-commerce across Africa

Smart Africa will consult public and private sector actors to develop an online training program that will directly benefit 600 stakeholders

The Board of Directors of the African Development Bank Group (www.AfDB.com) has approved a $1.5 million grant to assess policy gaps in the digital trade and e-commerce ecosystems in 10 countries in Africa. The funds, sourced from the African Development Fund, the Bank’s concessional window, will go to the Smart…