Results for African Development Bank

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Seychelle's Blue Economy secures financial backing from AfDB
Seychelle's Blue Economy secures financial backing from AfDBArticle

The African Development Bank has signed an $800,000 grant agreement with the government of Seychelles to support micro, small and medium enterprises (MSMEs) in its Blue Economy sector...

19 Mar 2020

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New seed varieties help cocoa crops thrive in CameroonArticle

A new seed variety called "Brazilian cacao" is now widely in use, providing far better yields to Cameroonian farmers...

18 Mar 2020

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Boosting Nigeria's fertiliser supply to 200,000 farmersArticle

The Africa Fertiliser Financing Mechanism (AFFM) has launched a $2.2m project to provide fertiliser suppliers in Nigeria with financial support to improve supply for 200,000 smallholder farmers...

16 Mar 2020

Fashionomics Africa initiative trains 100 entrepreneurs
Fashionomics Africa initiative trains 100 entrepreneursArticle

The African Development Bank's Fashionomics Africa initiative recently held a workshop in Nairobi, Kenya on how to establish a successful fashion brand, training 100 entrepreneurs from the textile, apparel and accessories industry...

9 Mar 2020

Mozambique's gas promise
Mozambique's gas promiseArticle

It has been almost exactly 10 years since Anadarko drilled the well that would give Mozambique its first major gas find in over 60 years of mostly disappointing oil and gas exploration...

NJ Ayuk 3 Mar 2020

Nigeria to implement special agro-industrial processing zones
Nigeria to implement special agro-industrial processing zonesArticle

The African Development Bank, in collaboration with the government of Nigeria, held a workshop in Abuja from 17 to 18 February to discuss details around the categorisation and location of special agro-industrial processing zones (SAPZ)...

26 Feb 2020

A re-loaded judges' panel for the 2020 Brand Summit Africa
A re-loaded judges' panel for the 2020 Brand Summit AfricaArticle

In only three years since the annual destination Brand Summit was inaugurated, the number of award nominations have grown from about 20 in 2018 to just over 30 in 2019...

Issued by Brand Summit South Africa 24 Feb 2020

AfDB provides multi-million-dollar grant to boost renewable energy access in Liberia
AfDB provides multi-million-dollar grant to boost renewable energy access in LiberiaArticle

The AfDB has approved a $34.74m grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia...

12 Feb 2020

AU Summit: African leaders focus on eradicating malnutrition by 2025
AU Summit: African leaders focus on eradicating malnutrition by 2025Article

Addressing malnutrition and stunting at the 33rd African Union Summit, it was noted that while African countries have made progress, more needs to be done to hit the United Nations malnutrition eradication targets by 2025...

10 Feb 2020

'Nobody eats GDP' says AfDB president during economic report launch
'Nobody eats GDP' says AfDB president during economic report launchArticle

While Africa's economies are growing strongly, growth alone cannot meet the needs of the continent's poorest citizens...

6 Feb 2020

Using technology to plug wastage in Africa's agri value chain
Using technology to plug wastage in Africa's agri value chainArticle

"Technology is a critical enabler to solve many of the challenges experienced in the agriculture sector."

6 Feb 2020

Greater focus needed on human capital development in Africa
Greater focus needed on human capital development in AfricaArticle

If Africa is to beat the challenges of the next decade and meet global development targets, its governments must foster innovation...

3 Feb 2020

Agriculture is the most important business in the world, says AfDB's Akinwumi Adesina
Agriculture is the most important business in the world, says AfDB's Akinwumi AdesinaArticle

African Development Bank President Akinwumi Adesina reminded students of the important role they have to play in the continent's economic development, as he was conferred with an honorary doctorate in his homeland...

30 Jan 2020

AfDB signs 5-year agreement to use FIDIC standard contracts
AfDB signs 5-year agreement to use FIDIC standard contractsArticle

The International Federation of Consulting Engineers (FIDIC) has granted the African Development Bank (AfDB) a non-exclusive licence to refer to seven of its major contracts...

23 Jan 2020

Looking ahead to 2020 - the year to explore uncharted markets
Looking ahead to 2020 - the year to explore uncharted marketsArticle

Competition has become increasingly fierce. In 2019, we saw the expansion of price wars and the battle to remain relevant. It has become clearer that the companies that will survive are those which over the years have invested in...

Xolile Sizani 22 Jan 2020

African agribusinesses urged to be more self-sufficient
African agribusinesses urged to be more self-sufficientArticle

Agribusiness is evolving from a local and regional model to a global structure, making this sector of increasing interest to corporations, public agencies, and society at large - with the right expertise, investment and policies, Africa can evolve and curb the current annual food import bill of $35bn, which is estimated to rise to $110bn by 2025...

16 Jan 2020

Power cuts continued to plague some African countries. Shutterstock
Progress in rolling out of national power grids has stalled across AfricaArticle

The African Development Bank launched an initiative to speed up the supply of electricity in Africa in 2016...

Carolyn Logan 10 Jan 2020

#BizTrends2020: Route to water prosperity - new perspectives for 2020
#BizTrends2020: Route to water prosperity - new perspectives for 2020Article

The quickest win of all lies in reticulation efficiency. We currently lose about 25% of treated, expensive drinking quality water to leaks in our cities and towns...

Dhesigen Naidoo 6 Jan 2020

AfDB board approves $21.783m grant for solar-powered irrigation in Sudan
AfDB board approves $21.783m grant for solar-powered irrigation in SudanArticle

The African Development Bank has approved a $21.783m grant to accelerate the adoption of solar-powered irrigation pumps in Sudan's West Kordofan and North Kordofan states...

31 Dec 2019

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#EvolutionOfWork: Why African investors need to venture into the fast-growing flexible workspace industryArticle

There is a growing need for entrepreneurs to have flexible, affordable, readily available and convenient workspaces...

Gidgette Osborne 24 Dec 2019

AfDB-managed fund grants $1m to support Burundi solar-hydro hybrid project
AfDB-managed fund grants $1m to support Burundi solar-hydro hybrid projectArticle

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9MW solar-hydro hybrid project in Burundi...

24 Dec 2019

Why African investors need to venture into the fast-growing flexible workspace industry
Why African investors need to venture into the fast-growing flexible workspace industryArticle

Francis Kariuki, recently a former head of operations at a flexible workspace (also known as a coworking space) in Kenya sits across from me as we have a chat on the immediate future of the flexible working industry...

Issued by GO Content Lab 20 Dec 2019

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AfDB lends $272m for construction of Tanzania's Msalato International AirportArticle

A $272.12m loan has been approved from the African Development Bank (AfDB) to Tanzania for the construction of the new Msalato International Airport in the capital Dodoma...

20 Dec 2019

Investing in implementation models for water security and resilience
Investing in implementation models for water security and resilienceArticle

As we consider recent water shortages, droughts and flooding, it is evident that the water sector is slow to innovate...

Chantal Ramcharan-Kotze and Johann Lubbe 19 Dec 2019

AfDB provides €345m in road construction support to Tanzania and Kenya
AfDB provides €345m in road construction support to Tanzania and KenyaArticle

The total amount of co-financing is expected to be more than $ 1.2bn when subsequent phases of the project are concluded...

17 Dec 2019

COP 25 speakers call for united front in tackling climate change in Africa
COP 25 speakers call for united front in tackling climate change in AfricaArticle

In the opening statement for Africa Day at the COP 25 climate meeting on Tuesday, 10 December, Yasmin Fouad, Egypt's minister of environmental affairs, on behalf of the African Union, said: "We have, and will continue to engage and to seek landing grounds on the outstanding issues. But we must flag our concern...

13 Dec 2019

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Africa's greatest asset is its youthArticle

Fostering jobs, entrepreneurship, and capacity development for African youth: the time for disruption is now...

Hanan Morsy 13 Dec 2019

Fashionomics Africa launches "game-changer for Africa's fashion entrepreneurs"
Fashionomics Africa launches "game-changer for Africa's fashion entrepreneurs"Article

Fashionomics Africa's pilot phase of a digital marketplace is set to connect African creators with the world...

11 Dec 2019

Seedstars Summit Africa reaches its peak
Seedstars Summit Africa reaches its peakArticle

Seedstars World, a seed-stage startup competition for emerging markets and fast-growing startup scenes, has come to its peak during the latest edition Seedstars Summit Africa in South Africa...

9 Dec 2019

Youth must have a seat at the table to unlock jobs and economic growth
Youth must have a seat at the table to unlock jobs and economic growthArticle

Bring us to the table to unlock youth jobs and power growth, say young African entrepreneurs...

9 Dec 2019

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AfDB launches coding centres of excellence across AfricaArticle

African Development Bank launches digital tool to help African youth learn to code...

6 Dec 2019

Flanders government grants €1m to the Africa Climate Change Fund
Flanders government grants €1m to the Africa Climate Change FundArticle

Following a €2m grant to the Africa Climate Change Fund in 2016, the Government of Flanders has this year committed a further €1m to support five projects in three African countries - Malawi, Mozambique and South Africa...

3 Dec 2019

Youth development tops AEC 2019 agenda
Youth development tops AEC 2019 agendaArticle

More than 350 stakeholders are converging on Sharm El Sheikh, Egypt, to participate in the 2019 African Economic Conference (AEC), with this year's focus on jobs, skills and capacity development for Africa's youth...

2 Dec 2019

AfDB approves $210m in financing for Nigeria Transmission Expansion Project
AfDB approves $210m in financing for Nigeria Transmission Expansion ProjectArticle

The African Development Bank Group has approved a $210m financing package for the Nigeria Transmission Expansion Project...

2 Dec 2019

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Closing the gender gap in financingArticle

Leaders from multilateral development banks, financial institutions and the private sector called on peers to dispel myths about women being too "high risk" for financing...

29 Nov 2019

#GlobalGenderSummit: 'Financial sector has a responsibility to women of Africa' - AfDB president
#GlobalGenderSummit: 'Financial sector has a responsibility to women of Africa' - AfDB presidentArticle

At the recent inaugural session of the Global Gender Summit, hosted by the African Development Bank (AfDB), the organisation's president, Akinwumi Adesina, called for greater access to finance for African women...

29 Nov 2019

AfDB loans $400m for Mozambique LNG project
AfDB loans $400m for Mozambique LNG projectArticle

The African Development Bank Group has approved a long-term senior loan of $400m for an integrated liquefied natural gas (LNG) plant, including a liquification facility in Mozambique...

26 Nov 2019

African Leadership Persons of the Year nominees
African Leadership Persons of the Year nomineesArticle

Adesina, Masisi, nominated for the African Leadership Persons of The Year 2019...

26 Nov 2019

Technology, innovation can help halt land sector corruption in Africa - AfDB
Technology, innovation can help halt land sector corruption in Africa - AfDBArticle

Speaking at the 2019 Conference on Land Policy in Africa on Monday, 25 November, African Development Bank senior vice president Charles Boamah urged African countries to act faster in purging corruption in the land sector...

26 Nov 2019

Getting women in the driver's seat of Africa's agribusiness revolution
Getting women in the driver's seat of Africa's agribusiness revolutionArticle

More African female agripreneurs must be supported to grow and progressively transition into the business segments of agricultural value chains which are most profitable...

Mariam Yinusa and Edward Mabaya 25 Nov 2019

2019 Conference on Land Policy in Africa: Why it matters
2019 Conference on Land Policy in Africa: Why it mattersArticle

This year's Conference on Land Policy in Africa, 25-29 November, is themed 'Winning the fight against corruption in the land sector in Africa'...

25 Nov 2019

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The path to sustainable structural transformation in AfricaArticle

Sharm El Sheikh in Egypt lays the red carpet for the 14th Edition of the African Economic Conference...

23 Nov 2019

Rodwyn Peterson, head of litigation Chibesakunda & Co, DLA Piper Africa member firm in Zambia
Can AfCFTA solve Africa's energy challenge?Article

This serious shortage of electricity in most African countries creates a need for the introduction of power generation from alternative sources...

Rodwyn Peterson 22 Nov 2019

#EntrepreneurMonth: No hidden agenda with Naked Insurance
#EntrepreneurMonth: No hidden agenda with Naked InsuranceArticle

Naked Insurance wants to change the way we do insurance, and that is why they were crowned overall winners at the 2019 MTN Business App of the Year...

Evan-Lee Courie 21 Nov 2019

Demonising African oil & gas is not constructive for energy transition
Demonising African oil & gas is not constructive for energy transitionArticle

In a 2014 article written for the Guardian newspaper this week,Nobel Peace Prize laureate, Archbishop Emeritus Desmond Tutu argued for an Apartheid-style boycott on coal, oil and gas companies as a solution to fight climate change and help ensure global environmental sustainability goals...

NJ Ayuk 18 Nov 2019

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Peace in the Horn of Africa leads to economic recoveryArticle

Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards...

14 Nov 2019

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2019 Africa Visa Openness Index shows wins in visa restrictions across AfricaArticle

For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival; Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa.

12 Nov 2019

Akinwumi Adesina
African investment confidence reaping rewardsArticle

Africa is ready to absorb more investments. The risk perceptions from the continent, while high, are often exaggerated. And they do not often match what data shows and return performance on investment...

12 Nov 2019

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Achieving Africa's development goalsArticle

Extraordinary Meeting of African Development Bank Governors: "Make the right decision" for Africa to achieve its objectives, says Alassane Ouattara, President of Côte d'Ivoire...

4 Nov 2019

Nila Yasmin, APO Group African Women in Media Award Winner receiving the APO Group African Women in Media Award from Nicolas Ponpigne-mognard, founder and chairman, APO Group
Ugandan journalist wins APO media awardArticle

Ugandan journalist Nila Yasmin wins the 2019 APO Group African Women in Media Award...

1 Nov 2019

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