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

Africa’s agriculture value chains must go digital to transform production - webinar

It explored digital responses that can be quickly deployed to address the disruptions to food systems, caused by COVID-19

Africa must seize the opportunity of the COVID-19 pandemic to deepen the digitalization of agricultural value chains and transform the sector, speakers at a webinar jointly hosted by the FAO Investment Centre and the African Development Bank (www.AfDB.org) said. The webinar, held on 10 June, is the first of a…

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

“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum

The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives

Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar hosted by the African Development Bank (AfDB.org) at its headquarters in Abidjan. The event attracted Ivorian and regional…

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

Getting Africans ready for the Fourth Industrial Revolution (4IR)

The African Development Bank will hold a workshop on the ability of the emerging technologies of the fourth industrial revolution to overcome the challenges that Africans face

WHAT: Workshop on the digital economy and the fourth industrial revolution in Africa WHO: The Industrial and Trade Development Department and Corporate IT Department WHEN: 19 to 20 February 2020 from 9 am to 5 pm WHERE: Babacar Ndiaye Auditorium, African Development Bank Headquarters The African Development Bank (AfDB.org) will…

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

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi Adesina

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (https://www.AfDB.org/) to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place…

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

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges United Kingdom (UK) investors

The Bank’s chief argued that Africa and the UK should be significant trading partners

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the…

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

Kenya & Tanzania: Over 3 million people to benefit from African Development Bank’s €345 million road construction support

The total amount of co-financing is expected to be more than $ 1.2 billion when subsequent phases of the project are concluded

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (https://www.AfDB.org/) board in Abidjan on Thursday. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I, is in the form of African…

African Development Bank Group (AfDB)
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…

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

Empower women to help save Africa from climate change

Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector

That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when women are involved in decision making, agreements on the environment are more likely to be ratified and projects around natural resources, such…

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…