Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank approves $1.4 million grant to improve household food security in the wake of Covid-19

The Zambian project is in line with the Bank’s High 5 strategic priorities, specifically, Feed Africa, Industrialize Africa, and Improve the quality of life for the people of Africa

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $1.4 million grant from the Global Agriculture and Food Security Program to reduce malnutrition among the Southern African nation’s most vulnerable households. The Mitigating Impacts of Covid-19 on Household Food Security Project will create about 150 permanent…

Source: African Development Bank Group (AfDB) |

Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report

The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa

The African Development Bank and the Climate Investment Funds [CIF (https://bit.ly/3vSPNtq)] have joined forces (https://bit.ly/2OQ4QU9) to produce a study of the role of green banks and national climate change funds in mobilizing finance to support low-carbon, climate-resilient development in Africa. The ground-breaking study (https://bit.ly/2OY4mv7), released on Tuesday 23 March, is…

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

African Development Bank’s climate resilient project in Zambia wins water change maker award

The Climate Adaptation Summit Water ChangeMaker award celebrates and promotes teams and organizations in Africa shaping water decisions that build climate resilience in Africa

A climate resilient project in Zambia supported by the African Development Bank (www.AfDB.org) and Climate Investment Funds (CIF) has won the Water ChangeMaker People’s Choice Award-Africa. The Strengthening Climate Resilience in the Kafue Sub-basin Pilot Program for Climate Resilience (SCRiKA) (https://bit.ly/2YmLBmk) beat two other finalists identified by an expert jury to…

Source: African Development Bank Group (AfDB) |

African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa

The Joint Action Plan was developed following an EIB delegation meeting with the African Development Bank in February 2020

The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow…

Source: African Development Bank Group (AfDB) |

Put small-scale traders at the heart of efforts to accelerate trade and investment in Africa post COVID-19

The AfCFTA will not in one dramatic swoop alter existing commercial and economic realities on a vast scale, but its implementation could lead the recovery efforts from the COVID-19 crisis – Solomon Quaynor, VP African Development Bank

Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by  the African Development…

Source: African Development Bank Group (AfDB) |

Uganda tops African countries with well-developed electricity regulatory frameworks - ERI 2020 report

The third edition of the ERI report was launched during the Digital Energy Festival of the Africa Energy Forum, on 5 November 2020

Uganda has for the third time in a row emerged as the top performer in this year’s Electricity Regulatory Index Report published by the African Development Bank (www.AfDB.org). The East African country, along with Namibia, Tanzania, Zambia and Kenya, the other top performers, have regulators with the authority to exert…

Source: African Development Bank Group (AfDB) |

Why COVID-19-impacted World Food Day 2020 is the time to prioritize investments in food systems (By Wambui Gichuri)

COVID-19 lockdowns and decreases in incomes have generated a double demand shock – increasing the number of poor and vulnerable people, particularly in Africa’s cities

By Wambui Gichuri, Acting Vice President for Agriculture, Human and Social Development, African Development Bank (www.AfDB.org) World Food Day 2020 marks the 75th anniversary of the founding of the Food and Agriculture Organization, but celebrations this 16 October are muted due to the coronavirus. COVID-19’s multi-sectoral impact should have governments…

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

African water and sanitation projects critical to preparedness for COVID-19-like pandemics (By Wambui Gichuri)

Investments in improved water and sanitation infrastructure is a public health priority for countries and communities

By Wambui Gichuri, Acting Vice President, Agriculture, Human and Social Development and Director, Water Development and Sanitation at the African Development Bank (https://www.AfDB.org/) As the prevalence of COVID-19 accelerates across Africa, over 40% of the population in Sub-Saharan Africa do not have access to clean water and are unable to…

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

Malawi: the Mzuzu-Nkhata Bay road now among the country’s safest roads, thanks to African Development Bank support

Bank financing of USD$30 million went into widening the road

A five-year project to rehabilitate the Mzuzu-Nkhata Bay road with African Development Bank (https://www.AfDB.org/) financing has made the road one of Malawi’s safest, according to the project’s completion report. The project, began in 2013, wrapped up in 2018.  The road was formerly very narrow and poorly maintained, and it required…

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

Conversation with Marieme Esther Dassanou, Coordinator of the African Development Bank’s Affirmative Finance Action for Women in Africa programme

She previously led IFC’s Gender Secretariat's work on advancing women's inclusion in the insurance and financial sectors

Marieme Esther Dassanou is the Coordinator of Affirmative Finance Action for Women in Africa (AFAWA) the African Development Bank’s (https://www.AfDB.org/) flagship pan-African initiative, which aims to bridge the $42 billion financing gap facing women entrepreneurs in Africa. She previously led IFC’s Gender Secretariat's work on advancing women's inclusion in the…