Africa
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New AfDB, WWF study calls for increased investment in Africa’s biodiversity
MONTREAL-The African Development Bank [AfDB] and the Worldwide Fund for Nature [ WWF ], have launched a regional report on the performance of African countries under the Strategic Plan for Biodiversity 2011-2020.…
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Botswana: AfDB Group commits US$ 180mln to bolster post-Covid-19 economic recovery
GABORONE-The Board of Directors of the African Development Bank [AfDB] has approved a loan of US$179.66 million to support government of Botswana to restore post-pandemic fiscal stability and economic recovery. The funds…
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AfDB’s new 2023-2027 strategy to help spur economic transformation in Ethiopia
ADDIS-ABABA The African Development Bank [AfDB] recently approved the 2023-2027 Country Strategy Paper for Ethiopia, which will support the country in expanding inclusive and sustainable growth through agro-industrialization, improved connectivity, and competitiveness,…
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U.S. – African Leaders Summit 2022 to enrich cooperation on shared global priorities
KAMPALA-Heads of state and leaders from across the African continent will from December 13-15, 2022, converge in Washington D.C., within the context of the United States [ U.S. ] – Africa Leaders’…
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TUI, ACISA sign MoU for development of cooperative movement in Africa
KAMPALA-The Uhuru Institute for Social Development [TUI] and The Africa Cooperatives Institute of South Africa [ ACISA ] have signed a Memorandum of Understanding [MoU] for the development of the cooperative movement…
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ADF approves US$13.95mln grant to improve livelihoods of Ethiopian pastoralists
ADDIS ABABA– The Board of Directors of the African Development Fund [ADF] has approved a US$13.95 million grant to implement the first phase of a livelihood improvement project for Ethiopian pastoralist communities…
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Ministers to promote initiatives on food security and environmental management
LUSAKA-Ministers responsible for agriculture, natural resources, and environment from COMESA Member States have undertaken to support the development and implementation of the COMESA digital Regional Food Balance Sheet [RFBS] initiative. This undertaking…
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ADF invests over US$ 6mln to strengthen public finance governance in African countries
KAMPALA-The Board of Directors of the African Development Fund [ ADF ] have approved a grant of US$ 6.12 million to help strengthen public finance governance in low-income African countries. The funding…
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Over 30 African countries have industrialised in last decade-new AfDB report
NIAMEY-Thirty-seven of 52 African countries have become more industrialised over the past 11 years, according to a new report from the African Development Bank [AfDB], the African Union [AU], and the United…
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COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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