Africa
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African Development Bank Group Report 2023: Africa Remains Resistant to New Shocks, but Progress and Financing Need to Accelerate | African Development Bank
Diplomat.Today The African Development Bank 2023-05-25 00:00:00 ——————————————- In its latest annual report released on May 25, 2023, the African Development Bank Group highlights its crucial contributions to the development of the continent and the well-being of its people in 2022. Tea Annual evaluation of development effectiveness published annually since 2011, assesses the Bank’s support for the sustainable development of…
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Strengthen Africa to withstand financial shocks, build climate-resilient economies, African leaders say at African Development Bank annual meetings | African Development Bank
Diplomat.Today The African Development Bank 2023-05-24 00:00:00 ——————————————- The African Development Bank Group’s annual meetings for 2023 officially opened on Tuesday, with a clarion call from African leaders, along with the bank’s president, Dr Akinwumi Adesina, to ramp up funding to meet Africa’s pressing climate goals . In his welcome remarks, Adesina drew attention to the huge gap in resources…
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Africa Investment Forum Showcases $1.475 Billion in Green and Renewable Energy Deals at African Development Bank Annual Meetings 2023 | African Development Bank
Diplomat.Today The African Development Bank 2023-05-23 00:00:00 ——————————————- The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s annual meetings in 2023. The curated projects, from all African regions, come from the pipeline of the Africa Investment Forum. They reflect the growing urgency in…
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African Development Bank Annual Meetings 2023: African Development Bank Chief says lack of climate finance flows “suffocating” Africa | African Development Bank
Diplomat.Today The African Development Bank 2023-05-22 00:00:00 ——————————————- A lack of adequate funding to tackle climate change in Africa has become dire and “suffocating” the continent, said Dr. Akinwumi Adesina, chairman of the African Development Bank Group, Monday. He addressed dozens of journalists from Africa and around the world at a media lunch organized to kick off the Bank Group’s…
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Multilateral Development Banks, levers for inclusive and sustainable growth | African Development Bank
Diplomat.Today The African Development Bank 2023-05-21 00:00:00 ——————————————- African countries generally turn to bilateral and multilateral partners for their development finance mechanisms. These facilities offer greater benefits to African countries, especially those offered on concessional terms. To maximize resources, the continent’s leaders have agreed to pool development resources at the regional level, including from regional multilateral development banks. This could…
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South Africa prioritizes social entrepreneurship as key to Africa’s social development minister says during visit to African Development Bank | African Development Bank
Diplomat.Today The African Development Bank 2023-05-20 00:00:00 ——————————————- South African Social Accord Minister Lindiwe Zulu and Senior Vice President of the African Development Bank (AfDB), Bajabulile Swazi Tshabalala, agree that helping Africans acquire the skills to start and scale businesses is critical to building resilience. Minister Zulu led a 10-person delegation on May 16 for a courtesy visit to Tshabalala…
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African Development Bank Appoints Armand Nzeyimana Acting Director of Development Impact and Results Department | African Development Bank
Diplomat.Today The African Development Bank 2023-05-19 00:00:00 ——————————————- The African Development Bank Group has appointed Mr. Armand Nzeyimana, a national of Burundi, has been appointed Acting Director of the Development Impact and Results Department with effect from 1 May 2023. Nzeyimana, a result-oriented professional with over 30 years of experience, has been Manager of the Bank’s Delivery Support and Implementation…
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African Development Bank Approves $15 Million Loan for Infrastructure Credit Guarantee Company Limited to Support Infrastructure Finance in Nigeria | African Development Bank
Diplomat.Today The African Development Bank 2023-05-18 00:00:00 ——————————————- The Board of Directors of the African Development Bank has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit) to strengthen its capital base and help close the infrastructure funding gap in Nigeria. The financing will enable InfraCredit to leverage domestic capital markets to strengthen access to long-term…
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African Development Bank-funded company produces affordable, healthy hydroponic vegetables on urban rooftops | African Development Bank
Diplomat.Today The African Development Bank 2023-05-17 00:00:00 ——————————————- Africa is highly vulnerable to climate change and its impacts – floods, droughts, cyclones, sea level rise – are already shifting the way Africans grow food, live and make a living. Yet most of the continent’s climate finance goes to climate mitigation rather than adaptation. This is a problem, in part because…
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African Development Bank Group Annual Meetings 2023 – Thematic Knowledge Event 3: Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa | African Development Bank
Diplomat.Today The African Development Bank 2023-05-16 00:00:00 ——————————————- African Development Bank Group Annual Meetings 2023 – Thematic Knowledge Event 3: Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa | African Development Bank – Building a better Africa tomorrow today //–> ——————————————- Source www.afdb.org
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