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African Development Bank, KFW Partner To Implement Electricity Regulatory Index

African Development Bank, KFW Partner To Implement Electricity Regulatory Index

The African Development Bank and KfW Development Bank will be partnering to accelerate implementation of recommendations contained in the 2018 Electricity Regulators Index (ERI) report for Côte d’Ivoire’s energy sector. This partnership arrangement between both institutions was announced during a technical workshop hosted by the African Development Bank in Abidjan on Wednesday, 13 March 2019. […]

African Development Bank And Partners Unite In Major Push Against Malnutrition

African Development Bank And Partners Unite In Major Push Against Malnutrition

Did you know that every $1 invested in nutrition generates as much as $138 in better health and increased productivity? The evidence is clear: improving nutrition boosts personal health as well as economic health. Africa has 20 of the 24 countries with stunting rates of over 40%. This includes Antonio, a little boy from Madagascar, […]

AfDB Donates $258m To Support Northeast Recovery Funds

AfDB Donates $258m To Support Northeast Recovery Funds

Vice President Yemi Osinbajo yesterday unveiled $258 million donation by the African Development Bank (AFDB) to support recovery efforts in the northeast. The fund, in collaboration with Presidential Committee on the North East Initiative is titled: “Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Project (IBSIP). Osinbajo said: “It has been gratifying to note how […]

AfDB’sTo Fund Women-Owned Businesses

AfDB’sTo Fund Women-Owned Businesses

Banks operating in Africa have been urged to accelerate funding for women-owned businesses or risk limited lending from the African Development Bank (AfDB), the institution cautioned on Wednesday. AfDB President Akinwumi Adesina made the announcement during an Invest in Women panel discussion at the three-day Africa Investment Forum at the Sandton Convention Centre in Johannesburg […]

Let’s Have More Science, Technology, Innovation Policies That Benefit Women – AFDB

Let’s Have More Science, Technology, Innovation Policies That Benefit Women – AFDB

The African Development Bank has called on African countries to make science, technology and innovation (STI) policies inclusive and place women and girls at the centre of STI programmes. The bank made the call as the International Day of Women and Girls in Science was celebrated across the world. Celebrated each year on February 11, […]

AfDB Supports ’50 Million Women Speak’ Initiative

AfDB Supports ’50 Million Women Speak’ Initiative

The African Development Bank (AfDB) is spearheading the development of an innovative networking platform called ’50 Million Women Speak (50MWS)’, developed within the framework of the programme on Affirmative Finance Action for Women in Africa (AFAWA). The move aimed at ensuring access to information on financial and non-financial services for women is riding on the […]

AfDB To Promote Remittances Into Africa

AfDB To Promote Remittances Into Africa

Africa Development Bank (AfDB) would promote remittances into Africa from its Diaspora community to boost the region’s economic growth, Gabriel Negatu, the bank’s Director General for East Africa Regional Centre, said. Negatu said this in Nairobi on Monday during the AfDB Business Opportunity Seminar. He added that the bank was working with national governments to […]

With AFDB’s Fashionomics Women Are Getting Groomed For Business In Fashion

With AFDB’s Fashionomics Women Are Getting Groomed For Business In Fashion

The African Development Bank (AfDB) has called for the empowerment of small and medium operators in the textiles, apparel and accessories sectors as a deliberate job creation strategy. The AfDB made the call at the recently concluded Small Business Indaba held on June 26, 2017 in Gauteng, South Africa. The main objective of the Small […]

“Lights, Power, Action”: AfDB’s Adesina and Kofi Annan Urge Governments to Close Africa’s Energy Deficit

“Lights, Power, Action”: AfDB’s Adesina and Kofi Annan Urge Governments to Close Africa’s Energy Deficit

The Chair of the Africa Progress Panel and former UN Secretary-General, Kofi Annan, and the President of the African Development Bank, Akinwumi Adesina, have called on African governments and their partners to do everything possible to close the continent’s huge energy gap. They made the call on Monday, March 13, 2017 in Abidjan, Côte d’Ivoire, […]

Nigeria’s Efforts To Secure International Loans Hit Deadlock

Nigeria’s Efforts To Secure International Loans Hit Deadlock

Nigeria’s efforts to secure funds from international lenders to help haul it out of recession have stalled because it has not submitted the required economic reform plans, according to one of the banks and sources close to the matter. The government has been in loan talks with the World Bank for a year. It had […]

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