Africa

Ebuka Daniel Based on Article 11.2 of the United Nations Industrial Development Organization’s Constitution, the Director-General shall be appointed by the Conference upon recommendation of the Board for a period of four years. The General Conference, at its 17th session, appointed Mr. LI Yong as Director-General for a second period …

Oluwasina Phillip The President of the African Development Bank Group, Dr Akinwumi Adesina, said the bank was working on a Desert-to-Power Initiative, which would lead to the development of 10,000MW of solar power in the Sahel of Africa, providing electricity to 250 million people. He said this while giving his …

Oluwasina Phillip Geneva, Switzerland – UNESCO and the World Health Organization today launched the Global Standards for Health-promoting Schools, a resource package for schools to improve the health and well-being of 1.9 billion school-aged children and adolescents.  The closure of many schools around the world during the COVID-19 pandemic has …

Ebuka Daniel The high rate of insecurity within the African continent, if left unchecked, could threaten the implementation of the African Continental Free Trade Agreement. The President of AfDB, Dr Akinwumi Adesina said this in a speech delivered at the 59th Ordinary Session of the ECOWAS Authority of Heads of …

UNESCO and the World Health Organization today launched the Global Standards for Health-promoting Schools, a resource package for schools to improve the health and well-being of 1.9 billion school-aged children and adolescents.  The closure of many schools around the world during the COVID-19 pandemic has caused severe disruptions to education.  …

Ebuka Daniel The Board of Directors of the African Development Bank have approved an €83m loan to finance the second phase of Egypt’s Electricity and Green Growth Support Program. The funding is part of the Bank’s budget support to the Egyptian government to strengthen its electricity infrastructure, which is expected …

Ebuka Daniel The Central Bank of Gambia has reached out to the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele in tackling Gambia’s currency challenges and exchange rate volatility. The request, is in addition to   tapping from CBN’s wealth of experience in the management of monetary policy, information …

The global economic outlook is improving as vaccine rollouts allow businesses to resume operations and as the United States pumps trillions of dollars into the world’s largest economy, the OECD said on Monday, nudging its forecasts higher. The global economy is set to grow 5.8% this year and 4.4% next …

Ebuka Daniel A forum of candidates for the post of Director General of the United Nations Industrial Development Organization (UNIDO) has been held at the Organization’s headquarters. It provided an opportunity for UNIDO’s Member States to meet and to question the three nominees: Bernardo Calzadilla Sarmiento of the Plurinational State of …

The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing water security and the transformation of water assets to foster sustainable, green and inclusive economic growth in regional member countries. The bank’s acting Vice President for Agriculture, Human and Social Development, Atsuko …