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

African Development Bank’s second virtual business opportunities seminar of 2020, draws 250 global partners and suppliers

During the seminars, participants are informed about the Bank’s strategy for supporting economic growth, its priority areas and rules and procedures for project and corporate procurement

The African Development Bank (www.AfDB.org) hosted its second virtual business opportunities seminar in 2020 (BOS) on 13 and 14 October. The BOS offers a one-stop shop for individuals and consulting firms, civil contractors, manufacturers, suppliers, and diplomatic commercial attachés from the Bank Group’s regional and non-regional members seeking to provide…

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

Affirmative Finance Action for Women in Africa, ImpactHER and UN Women Policy Brief exposes disadvantages to women entrepreneurs in post COVID-19 era, offers solutions

The coronavirus pandemic is wreaking economic havoc and hitting women the hardest, with women-led Small and Medium-sized Enterprises(SMEs) at greater risk of closure

Women-led businesses are more vulnerable to closure than those led by men in the era of the novel coronavirus, due to women’s limited access to finance, shifts in consumer behavior, and the increase in women’s household care responsibilities as a result of extended lockdowns. All across the continent, the coronavirus…

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

North Africa Economic Outlook 2020: An unparalleled crisis and a conditional recovery

Socioeconomic stability, social inclusion and human capital development are prerequisites for resilience and emerging from the crisis

In 2020, the region will face an economic contraction forecast between 0.8 and 2.3%; Socioeconomic stability, social inclusion and human capital development are prerequisites for resilience and emerging from the crisis. The tourism and industrial sectors in North Africa are likely to be hardest hit by the COVID-19 pandemic, according…

African Development Bank Group (AfDB)
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…

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

Integrity in Development Projects: The African Development Bank Debars Entreprise de Travaux et d’Etudes de Projets (ETEP) SA

The African Development Bank blacklists Entreprise de Travaux et d’Etudes de Projets (ETEP) SA for 13 months for engaging in various fraudulent practices in Mali and Guinea

The African Development Bank Group (www.AfDB.org), today, announced a decision by its Sanctions Appeals Board imposing a 13-month debarment on Entreprise de Travaux et d’Etudes de Projets (ETEP) SA, a civil engineering company registered in Tunisia, for engaging in sanctionable practices. An investigation conducted by the Bank’s Office of Integrity…

African Development Bank Group (AfDB)

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Source: African Development Bank Group (AfDB) |

Global Gender Summit 2019: African Leaders Take on the Responsibility to Urgently Close the Gender Gap

The 2019 Global Gender Summit, the first to be held on the continent, kicked off on Monday with a strong call to surge ahead on gender issues and move from commitment to action

‘There is no template to follow…we (women) can deliver but we can deliver differently” - President Sahle-Work Zewde, President of Ethiopia; ‘We are making sure that narrowing this gender gap is everyone’s responsibility,’ President Paul Kagame of Rwanda; “This discrimination is political, economic and social; it is politically incorrect, unjustifiable…

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

2019 Africa Visa Openness Index: African Union Commission, African Development Bank report shows wins in visa restrictions across Africa

This fourth edition of the Index shows that 47 countries improved or maintained their visa openness scores in 2019

For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival; Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa. Dowload report: https://bit.ly/2rwlzQ9 For the first time, African travellers have liberal access…

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

African Development Bank and partners launch pilot Cities Diagnostics tool in five cities

The tool includes key environmental and urban sustainability indicators as well as disaster risk and vulnerability, and urban footprint growth

“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa, held on the 25th and 26th September 2019 in Abidjan. Five cities were chosen for…

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

African Development Bank hosts masterclass on women’s skills in business development

The masterclasses are jointly conducted by the African Development Bank Group and Entreprenarium

The fourth Affirmative Finance Action for Women in Africa (AFAWA)/Entreprenarium masterclass began Monday in Pretoria, South Africa, aimed at improving women’s skills in business development and financial management. 40 business women, who came through an online application process, will attend the two-day masterclass, which will cover financial planning, lean start-up…

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

African Development Bank showcases impact of Korean drone technology on agricultural productivity

Drone technology is being used to collect and analyse data, and monitor irrigated areas, combat pests

At a special event highlighting the partnership between the African Development Bank (www.AfDB.org) and Korea held on the sidelines of the Bank’s Annual Meetings, the role of drone technology to boost food productivity in Africa, was on full display. A pilot project, underway in Tunisia, is designed to reduce food…