African Development Bank highlights the need for strategic partnerships and innovative financing mechanisms…

… to promote quality education and skills development The African Development Bank joined the Global Partnership for Education and other multilateral development banks during the Global Education Summit: Financing GPE 2021-2025(link is external), to call for stronger strategic partnerships to build innovative financing mechanisms in support of quality education and skills development. The summit was co-hosted by the President of Kenya, Uhuru Kenyatta, and U.K. Prime Minister, Boris Johnson. The Bank’s Vice President of Agriculture, Human and Social Development, Dr. […]

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Senegal Commits to African Energy Week 2021

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Confirmed attendance by the Ministry of Petroleum and Energy, Petrosen and COS-Petrogaz reaffirm regional cooperation and partnerships A strong delegation of industry leaders from Senegal have committed to the African Energy Chamber’s (AEC) ( first-ever African Energy Week (AEW) 2021, to be held in Cape Town on the 9th-12th November 2021. With official attendance confirmations made by H.E. Aissatou Sophie Gladima, Minister of Petroleum and Energy, Senegal’s national oil company, Petrosen, and the strategic organizational committee COS-Petrogaz, AEW 2021 is […]

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IDEV beats 2020 evaluation targets under trying circumstances

The Independent Development Evaluation (IDEV) function delivered a record 20 evaluation products in 2020, exceeding its targets and contributing to learning and accountability on achievement of the Bank’s High-5 strategic priorities, according to its 2020 Annual Report released on 25 May 2021. Over the last year, IDEV produced its first Management Action Record System report, tracking the implementation of evaluation recommendations. It also produced two impact evaluations, two country strategy and program evaluations, and 4 corporate evaluations, demonstrating resilience and responsiveness by […]

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African Development Bank invites business enablers to apply for funding to support women entrepreneurs

This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding for innovative projects or programs to bolster the skills of small and medium enterprises (SMEs) owned and run by women across Africa, the Bank announced. Entrepreneurship enablers, which include business associations and civil society organizations, play an important role in empowering […]

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Invest Africa and DLA Piper partner to support ESG best practice in African renewable energy projects

The project will assemble experts from the worlds of impact investment, development finance and law The global law firm, DLA Piper, has partnered with Invest Africa (, the leading trade and investment platform for African markets, to support the development of ESG best practice in African renewable energy projects. Clear Environmental, Social and Governance (ESG) targets and measurements have become an increasingly important part of fundraising as investors seek to align their portfolios with sustainable growth. For a continent boasting […]

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African presidents and global leaders support bold action on climate change adaptation for Africa

In a historic and united show of solidarity for a continent that contributes only 5% to global emissions, more than 30 heads of state and global leaders committed to prioritize actions that help African countries adapt to the impacts of climate change and “build forward better.” Africa now faces the dual onslaught of climate change – currently estimated at between $7 billion and $15 billion each year – and Covid-19, which has claimed 114,000 lives. The African Development Bank expects […]

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OPINION: African agriculture is ready for a digital revolution


by Akinwumi Adesina and Patrick Verkooijen Akinwumi Adesina is president of the African Development Bank. Patrick Verkooijen is CEO of the Global Center on Adaptation.    After a dark 2020, a new year has brought new hope. In Africa, where up to 40 million more people were driven into extreme poverty and the continent experienced its first recession in 25 years, a brighter future beckons as the economy is forecast to return to growth this year. Africa now has an opportunity […]

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U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy

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The multi-day forum unites U.S. and African policymakers, energy executives and industry leaders to create new linkages and foster discussions The U.S. Africa Energy Forum 2021 – organized by Africa Oil & Power, in partnership with the African Energy Chamber’s U.S.-Africa Committee – will foster alignment between U.S. and African governments’ energy policies and highlight African oil, gas, power and renewable projects across the energy value chain for U.S. investors; the multi-day forum unites U.S. and African policymakers, energy executives […]

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