Tag Archives: AfDB

Africa must develop new education models that feature well-resourced virtual teaching and learning schemes to insulate it against disruptions due to disasters such as the COVID-19 pandemic, experts at a webinar hosted by the Association for the Development of Education in Africa (ADEA) said. The panelists, including Ministers of Education and senior …

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 …

By Mustapha Sanah As time ticks slowly towards 31st August, the end of tenure of office for the beleaguered President of the Africa Development Bank, Dr Adesina Akinwumi, the rumpus at our continent’s apex bank on who becomes its next President from August 31st, 2020, has generated deep sentiments among …

According to the UN’s 2019 State of Food Security and Nutrition in the World, hunger is on the rise in almost all African sub-regions, making the continent the region with the highest prevalence of undernourishment, at nearly 20%. The continent is still not able to feed itself, and there is an …

The African Development Bank Group is pleased to announce the appointment of Dr Rabah Arezki (picture ) as Chief Economist and Vice President, Economic Governance and Knowledge Management, effective 1st October 2020. Dr Rabah Arezki, a citizen of Algeria, is currently the Chief Economist for Middle East and North Africa …

Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African regions and is forecast to rebound to 3.7 percent in 2021, according to the African Development Bank’s East Africa Regional Economic Outlook 2020. The projection …

An additional 49 million Africans could be pushed into extreme poverty by coronavirus pandemic and its aftermath, according to updated forecasts released on Tuesday by the African Development Bank (AfDB). The report, which projected West and Central Africa to be worst hit by poverty, warned that governments and development partners …

Global health experts and practitioners at a policy webinar hosted by the African Development Institute (ADI) called for a “Marshall Plan on Inclusive Health in Africa.”   There is an urgent need for inclusive health policy in Africa – one that can detect and interpret warning signs and rapidly mobilize …

The Board of Directors of the African Development Fund (ADF) on 3 July approved a grant of $165.08 million to support Ethiopia’s response to the health and economic impacts of the COVID-19 pandemic, including helping to ease fiscal pressures on the economy. The grant, awarded from the country’s ADF-15 Performance-Based …

The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the COVID-19 pandemic. In a joint press release issued on 1 July 2020, the institutions  said they would prioritize their support to areas in …