Category: African Development Bank

Transform political commitment to action to achieve nutrition targets in Africa, Nutrition Champion urges

photo caption: King Letsie III of Lesotho speaks during the High-level Dialogue on Nutrition Financing held in Maseru, Kingdom of Lesotho; King Letsie III of Lesotho has urged African leaders to translate commitments into action to meet regional and international development targets. The monarch addressed a high-level meeting on financing nutrition hosted by the African Union from 23-24 March. He stressed the urgency for adequate financing to end hunger and malnutrition in all its forms as a prerequisite for achieving […]

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African Development Fund extends $3 million in additional financing for Liberia’s Special Agro-Processing Zone scheme

photo: Women selling various grains at a community market in Monrovia, Liberia. The Board of Directors of the African Development Bank Group has approved an additional $3 million of mixed financing for the Special Agro-Industrial Processing Zone project in Liberia. The financing, approved on 12 October 2022, comprises a loan of $2.92 million and an $80,000 grant sourced from the African Development Fund, the Bank Group’s concessional lending arm for the continent’s low-income countries. On 20 October 2021, the African […]

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African Development Bank to showcase its youth agenda at Youth Connekt Africa Summit

What:      African Development Bank to host session at Youth Connekt Africa Summit Who:      The Government of Rwanda; YouthConnekt Africa Hub, the United Nations Development Programme; African Development Bank, Development Partners When:     14 October 2022 Where:    Intare Conference Arena, Kigali, Rwanda African Development Bank Vice President for Private Sector, Infrastructure and Industrialization Solomon Quaynor will join Africa’s young generation of innovators, policymakers, champions and leaders at the 2022 Youth Connekt Africa Summit, taking place in Kigali, Rwanda, from 13 to15 October […]

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African Development Bank’s African Leaders for Nutrition lauded by African Union during Assembly declaration of 2022 as “African Union Year of Nutrition”

The African Leaders for Nutrition initiative, housed at the African Development Bank, has been honored by the African Union for progress made toward advancing investments in nutrition across the continent. At the conclusion of the 35th Ordinary Session of the African Union Assembly on Sunday, an African Union summary decision commended “the African Leaders for Nutrition initiative in sustaining nutrition advocacy in the effort to ensure member states commit adequate financial resources to nutrition interventions.” The African Leaders for Nutrition […]

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Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Twenty-Fifth Ordinary Session of the Assembly of the African Union Addis Ababa, 5-6 February 2022

Mobilizing Financing for Africa’s Accelerated Economic Recovery, Development and Integration Your Excellency Macky Sall, President of the Republic of Senegal and Chairperson of the African Union Your Excellency Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, Our Gracious Host Your Excellencies Heads of State and Government Your Excellency Moussa Faki Mahamat, Chairperson of the Africa Union Commission Your Excellency Amina Mohammed, Deputy Secretary General of the United Nations, Representing the Secretary General of the United Nations Your […]

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“Africa cannot outsource its healthcare security to the benevolence of others”

Akinwumi Adesina says at 35th AU Summit African Development Bank Group President Dr Akinwumi Adesina has said that the most important lesson of the Covid-19 pandemic for Africa is the need to build a defense mechanism against external shocks, especially in healthcare and financial security. “Investing in health is investing in national security,” Adesina told African leaders on Saturday, at the opening of the 35th African Union Assembly in the Ethiopian capital. “Africa cannot afford to outsource the healthcare security […]

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As Covid-19 strains health budgets, African Development Bank and partners develop tool to enhance public-private collaboration

The African Development Bank, the World Health Organization Regional Office for Africa and their partners in the Harmonization for Health in Africa Initiative have published a study on public-private collaboration in the health sector. The publication provides an assessment tool to assist countries and other interested development partners to identify related constraints and conduct constructive dialogue that enhances partnerships. Insights are offered from Burkina Faso, Malawi and South Africa, where the assessment tool was tested. Public-private collaboration in health is […]

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African Development Bank President promoting continent’s recovery at 35th Ordinary Session of the African Union Assembly

African Development Bank Group president, Dr. Akinwumi A. Adesina, is leading his institution’s delegation to the African Union’s Executive Council and Assembly meetings taking place in Addis Ababa this week. Adesina and his team will use the summit as an opportunity to promote key issues on the African Development Bank Group’s agenda. This includes mobilizing financing for Africa’s accelerated economic recovery from the Covid-19 pandemic, and the all-important topic of nutrition, which is a key component of the African Development […]

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