Handbook on special economic zones in Africa

 Towards economic diversification across the continent Special economic zones are widespread across the developing world. Policymakers seek to develop special economic zones with the aim of attracting foreign direct investment, achieving higher experts and creating jobs. Indirect economic benefits range from upgrading of the local industrial base to being catalysts for innovation, knowledge and technological spillovers. Against a backdrop of growing global interest in zone-based development strategies, an increasing number of countries are adopting new special economic zone regimes […]

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Huawei and UNESCO to Implement Project in Africa for Digital Education Systems

The three-year project will deliver online learning platforms for Ghana, Ethiopia, and Egypt At an online meeting on November 25, UNESCO and Huawei announced the launch of the implementations phase of the Technology-Enabled Open Schools for All (TeOSS) project in Ghana, Ethiopia, and Egypt. Aligned with UN SDG4, TeOSS will serve as a basis for powering the digital transformation of the education sector and support the three UNESCO member states in building resilient education systems that can withstand global disruptions […]

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Joint Statement on Dose Donations of COVID-19 Vaccines to African Countries

Building on lessons learned from our collective experience with dose donations over the past several months, the African Vaccine Acquisition Trust (AVAT), the Africa Centres for Disease Control and Prevention (Africa CDC) and COVAX wish to draw the attention of the international community to the situation of donations of COVID-19 vaccines to Africa, and other COVAX participating economies, particularly those supported by the Gavi COVAX Advance Market Commitment (AMC). AVAT and COVAX complement each other’s efforts to support African countries […]

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The African Development Bank’s efforts to Ending Gender-Based Violence

0 December 16 Days of Activism against Gender-based Violence – What does it take? The African Development Bank’s efforts to Ending Gender-Based Violence – 25 November – 10 December A statement from Dr. Beth Dunford Vice President for Agriculture, Human and Social Development The African Development Bank is marking this year’s 16 Days of Activism against Gender-Based Violence campaign from 25 November to 10 December. This is a time to reflect on how gender-based violence is affecting our society and […]

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African Development Bank Board approves new Water Strategy for 2021-2025

The five-year Strategy aims to increase water security and foster sustainable, green and inclusive growth and development in Africa The Board of Directors of the African Development Bank has approved a new Water Strategy for 2021-2025: “Towards a Water-Secure Africa.” The five-year strategy, approved on 17 November 2021, aims to increase water security in Africa, and to foster its sustainable, green and inclusive socio-economic growth and development. “This is a significant milestone for the Bank in terms of seeing water […]

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Mozambique: African Development Bank Group approves $36 million grant for power scheme

…that includes refugees and internally displaced persons UN workers deliver relief items to internally displaced people in Corrane Site in Nampula Province. The Board of Directors of the African Development Bank Group has approved a grant of $36 million to support a power scheme in Mozambique that also covers displaced persons and refugees. The Mozambique Energy for All Project will increase the number of residential connections to the electricity grid, enhance power exports and improve domestic and regional supply quality. […]

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Finance in Africa report: green, smart and inclusive finance

By Nina Fenton, Claudio Cali and Ricardo Santos The EIB, in partnership with Making Finance Work for Africa, surveyed 78 banks in sub-Saharan Africa in early 2021 to see how they are coping during the COVID-19 pandemic and to learn their views on climate risk, green finance and digital financial services. This work formed the basis of our new Finance in Africa report. The report also provides an in-depth analysis of the state of play in the microfinance, private equity […]

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