Africa
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COP27: On Gender Day, the African Development Bank is rallying global support for women to build climate resilience | African Development Bank
Diplomat.Today The African Development Bank 2022-11-16 00:00:00 ——————————————- Former Irish President Mary Robinson led a panel discussion to mark ‘Gender Day’ on the 27e United Nations Climate Change Conference (COP27) in Egypt. She called for a tailor-made climate fund to support grassroots women in tackling climate change and building resilience. The African Development Bank organized the session during COP27 in…
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African Development Bank and West African Monetary Union Capital Markets Authority sign grant agreement for development of regional financial markets. | African Development Bank
Diplomat.Today The African Development Bank 2022-11-16 00:00:00 ——————————————- The African Development Bank and the Capital Markets Authority (AMF-UMOA) of the West African Monetary Union have signed a grant agreement for $750,000 to implement the second phase of the Regional Financial Market Development Support Project (PADMAFIR 2). PADMAFIR 2 enables the AMF-UMOA to develop a financial code for the region. It…
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African Development Bank predicts economic slowdown in East Africa in 2022, but recovery in 2023 | African Development Bank
Diplomat.Today The African Development Bank 2022-11-16 00:00:00 ——————————————- The African Development Bank has published its latest East African Economic Outlook, forecasting a slow recovery in the region in 2022 at 4.0% from 5.1% in 2021. The delay is due to the ongoing effects of COVID-19; the negative consequences of geopolitical tensions (particularly the conflict between Russia and Ukraine); climate change…
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African Development Bank Invests $20 Million in Private Equity Fund Focused on Renewable Energy Projects in Sub-Saharan Africa | African Development Bank
Diplomat.Today The African Development Bank 2022-11-16 00:00:00 ——————————————- The Board of Directors of the African Development Bank Group today approved a $20 million equity investment in Evolution Fund III, a pan-African clean and sustainable energy private equity fund mobilizing approximately $400 million in renewable energy and resource efficiency assets in subregions. -Saharan Africa over a period of 10 years. Inspired…
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COP27: Germany pledges €40 million to the African Development Bank Group’s Climate Action Window initiative for fragile African states | African Development Bank
Diplomat.Today The African Development Bank 2022-11-16 00:00:00 ——————————————- Germany has pledged €40 million to the African Development Bank Group’s Climate Action Window, Germany’s Secretary of State for Economic Cooperation and Development Jochen Flasbarth has announced. The contribution is to support climate adaptation in fragile African states. Flasbarth made the announcement at a ministerial panel for climate-sensitive countries and adaptation finance…
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Particularly exposed to climate shocks, African cities are turning to adaptation and resilience | African Development Bank
Diplomat.Today The African Development Bank 2022-11-14 00:00:00 ——————————————- Water. Too much, or not enough… In South Sudan, flooding from the tributaries of the Nile in 2021 followed a long dry spell, while Somalia continues to suffer from recurring water shortages. Sandstorms have become more frequent and violent in Algeria, Egypt and Libya, spreading to the cities and even leading to…
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COP 27: Session on the theme “Accelerating gender-responsive climate investments for a resilient Sahel” | African Development Bank
Diplomat.Today The African Development Bank 2022-11-14 00:00:00 ——————————————- What ? Session on the theme “Accelerating gender-responsive climate investments for a resilient Sahel” at COP27 That ? African Development Bank When ? November 14, 2022, from 6:00 PM to 7:30 PM (GMT+2) Where ? In person at the Francophonie Pavilion, zone C, pavilion 81 (Sharm El-Sheikh, Egypt), and via video conference:…
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COP27: experts explore ways to mobilize more robust funding for climate action | African Development Bank
Diplomat.Today The African Development Bank 2022-11-14 00:00:00 ——————————————- Global experts gathered at a panel session at the 27th Global Climate Summit (COP27) in Egypt have endorsed a new climate finance roadmap to mobilize $1 trillion in annual external financing needed for emerging markets and developing countries – excluding China. The roadmap is based on the findings of a recently released…
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Launch of the North Africa Economic Outlook Report for 2022 | African Development Bank
Diplomat.Today The African Development Bank 2022-11-14 00:00:00 ——————————————- What: Launch of the 2022 Africa Economic Outlook report for North Africa Who: Regional Office of the African Development Bank for North Africa When: November 16, 2022, 3:00 PM Tunis time (GMT+1) Where: Virtual The African Development Bank’s regional office for North Africa will launch the 2022 edition of the North Africa…
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African Development Bank gathers partners to support flagship Desert to Power initiative to illuminate the Sahel | African Development Bank
Diplomat.Today The African Development Bank 2022-11-12 00:00:00 ——————————————- An African initiative to increase solar power generation capacity to give 250 million people access to electricity in Africa’s Sahel region for socio-economic development continues to receive funding from around the world. Launched in 2019 by the African Development Bank Group and its partners, the Desert to Power initiative aims to turn…
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