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

Seventh Tokyo International Conference on African Development (TICAD7): PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

“We must end hunger in Africa. Yes, we must! Hunger diminishes our humanity” - Adesina urges

The Sasakawa Association will work with the Japan International Corporation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7. “Japanese technology can play a key role…

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

The African Development Fund improving and impacting lives of millions in Africa

In 38 of the continent’s neediest countries, the Fund is creating linkages to promote regional integration, commercial exchanges and enhancing food security

Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say. In 38 of the continent’s neediest countries, the Fund is creating linkages to promote…

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

Global partners announce $61.8 million allocation to boost African Development Bank initiative for women entrepreneurs

“This substantial support from the Women Entrepreneurs Finance Initiative, We-Fi, will help us scale up our actions and achieve greater results for women entrepreneurs across the continent” - Vanessa Moung

The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s (https://www.AfDB.org/en/) Affirmative Finance Action for Women in Africa (AFAWA) (https://bit.ly/2Q1fF1L) program. We-Fi (https://We-Fi.org/) is a partnership among 14 donor governments, eight multilateral development banks, and other public and…

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

Malawi: African Development Bank boosts cyclone response with emergency relief package and measures to combat climate change

The Bank’s Climate Fund will also release $150,000.00 to Malawi to enable authorities to assist communities and internally displaced persons impacted by the cyclone

Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai has received a boost from the African Development Bank (www.AfDB.org), which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region. Mateus Magala, the Bank’s Vice…

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

Women Must Redesign the table, and not just expect to be at the table, says Ģraça Machel

Graca Machel spoke during the 22nd Eminent Speakers’ Lecture of the African Development Institute held at the Babacar N’diaye Auditorium in Abidjan, Cote d’Ivoire

Dame Graça Machel, one of Africa’s foremost advocates for the rights of women and children, has called on African women and policy makers to challenge gender inequality and inadequate female representation in the continent’s business and economic, political and policy space. “Africa’s socio-economic transformation will only be realized once we…

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

Agri-tech can turn African Savannah into global food basket – African Development Bank

The African Development Bank has determined that the African Savannah can support the production of maize, soybean, and livestock, and transform the continent into a net exporter of these commodities

The African Development Bank (www.AfDB.org) is championing a new regional and global effort to transform the African Savannah from a “Sleeping Giant” to the cradle of the continent’s green revolution. “This sleeping giant needs to wake up,” the Bank’s Vice-President for Agriculture, Human and Social Development, Jennifer Blanke, told an audience…

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

Green Climate Fund Board approves three African Development Bank proposals for Green Climate Projects worth over US$ 110 million

The program is further resourced by co-financing from the Bank, the European Union, the Global Environmental Facility, the Forestry Investment Programme of the Climate Investment Funds

The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank (www.AfDB.org) totaling over US$110 million. The approvals were granted at the GCF’s 21st Board Meeting held October 17 – 20 2018 in Manama, Bahrain. Overall, the GCF Board, which was co-chaired…

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

The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office

He has led numerous development initiatives in diverse country settings, ranging from fragile states like Afghanistan and Somalia

The African Development Bank Group (https://www.AfDB.org/en/) is pleased to announce the appointment of Dr Kapil Kapoor as Director General, Southern Africa Regional Development and Business Delivery Office with effect from 1st September 2018. Dr Kapoor, a citizen of India, has been the Director for Strategy and Operational Policies since February 2012, when he joined the African Development Bank. He has an established track record of effectively…

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

AfDB launches pilot programme to cultivate the savannah in eight African countries

According to the AfDB President, so huge is the potential of African savannahs that the World Bank called the Guinea savanna zone “one of the major underutilised resources in Africa

The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, has said. But just 10% of this is cultivated, a mere 40 million hectares, Adesina said Wednesday, while speaking at a session titled “Transformation…