Africa

Ebuka Daniel The President of African Development Bank, Dr. Akinwumi Adesina says the Bank  has invested $96m in its Higher Education and Science and Technology Project .  Adesina disclosed this while delivering his acceptance speech after receiving the Honorary Doctor of Letters (Honoris Causa) conferred on him by the Makerere …

Oluwasina Phillip The African Development Bank and the Government of Ethiopia have signed an agreement for a $31m grant to boost health and nutrition for children under the age of five. The African Development Fund’s Board of Directors approved funding for the government’s Multi-Sectoral Approach for Stunting Reduction Project (MASReP) …

Oluwasina Phillip The Association of African Development Finance Institutions on Monday task African Head of State and international organizations to finance the needed transitions and transformation of African economies  In the context of the Covid-19 crisis recovery, it said efforts should center on achieving sustainable, resilient and equitable development. There …

Ololade Omosan-Agie The African Development Bank Group and the European Bank for Reconstruction and Development (EBRD) on Monday signed a memorandum of understanding to promote sustainable private sector development in Africa. The memorandum of understanding will help catalyse new sources of financing to help bridge the $2.5 trillion annual financing …

Babajide Iletogun This Month, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding for innovative projects or programs to bolster the skills …

The African Union’s health agency urged countries on the continent to increase testing for the coronavirus as more states report different variants of the disease. Testing dropped 21% last week, John Nkengasong, director of the Africa Centres for Disease Control and Prevention, said in an online briefing Thursday. Six African …

Ebuka Daniel Finance, Justice Ministers, AU Commissioner, HEDA Headline Nigeria’s International Conference on IFFs, Asset Recovery Nigeria will next week hold a two-day international conference on Illicit Financial Flows (IFFs) and Asset Recovery. The international conference, which will hold both physically and virtually on Tuesday, 18th May and Wednesday, 19th …

Following approval of the proposal by the Boards of Directors of the African Development Bank Group to clear about $413 million in arrears on loans owed by Sudan, the Bank Group has completed the arrears clearance process, enabling the East African country to  have immediate access to new financing. The …

Ebuka Daniel The African Development Bank and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organisation, have pledged to work closely with African leaders to address rising hunger in the continent. They also pledged to provide …

Ebuka Daniel The African Development Bank and the International Fund for Agricultural Development, in partnership with the Forum for Agricultural Research in Africa and the System Organization, will co-host a high-level dialogue:Feeding Africa: leadership to scale up successful innovations tomorrow, Thursday, April, 28, 2021.  Forum participants will identify ways to …