"High Five Priorities for Africa " 13th Aug 2018
Afreximbank supports development of Africa’s pharmaceutical industry
... Executive Vice President in charge of Business Development and Corporate Banking said that the Bank was committed to supporting the development of Africa’s pharmaceutical industry. “Afreximbank is determined to continue implementing its health and ...
AfDB head calls for agriculture technologies to optimize African farmers" output
African farms should be given access to technologies that will enhance production, with evidence from countries such as Nigeria demonstrating that technology coupled with strong government backing are yielding positive results, African Development Bank ...
Africa spends $35b annually to import food: AfDB
NAIROBI, Kenya, Aug 9 – Africa spends an average of US$35 billion a year to import food according to African Development Bank President Akinwumi Adesina. Speaking during the 2018 Agricultural and Applied Economics Association (AAEA) Annual ...
AfDB offers new financing opportunities for Zambia"s water and agriculture sectors
An African Development Bank (AfDB) team of experts, led by Martin Fregene, director of agricultural infrastructure and Wambui Gichuri, director of water development and sanitation, visited Zambia from 23-27 July to identify businesses in the nation's ...and more »
Land reform: The World Bank finally sees the light
On 30 April this year, the World Bank released a 147-page report titled An Incomplete Transition: Overcoming the legacy of exclusion in South Africa, which endorsed the South African government’s view contained in its 1994 Reconstruction and Development ...
Roadmap to Nigeria"s gas driven economic diversification
Nigeria has been described as a natural gas basin with some deposits of oil, however Nigeria's domestic gas market is underdeveloped and corollaries of this are that gas commercialisation and utilisation remain low.
Urbanisation in sub-Saharan Africa: Access to electricity
However, in most cases the reforms only helped open the generation subsector to independent power producers (IPPs), without much progress in improving the performance of the existing integrated utilities. Vertically integrated natural monopolies ...and more »
OVERVIEW - Africa"s mini grid sector preparing to take off
Jessica Stephens, global coordinator of the association, tells Renewables Now that the African Development Bank (AfDB) is currently developing a continent-wide RBF facility that is based on the principles that AMDA outlined in its SMART RBF policy paper.
24th ICE of Southern Africa: Blue economy, inclusive industrialization and economic development
The 24th Session of the Intergovernmental Committee of Experts (ICE) of Southern Africa will be hosted by the government of Mauritius under the theme: “Blue Economy, Inclusive Industrialization and Economic Development in Southern Africa” from 18-21 ...
ITU Regional conference lays emphasis on modern technology to develop Africa
... to build their digital economies and enhance regional integration could not have been better emphasized than at the 2018 International Telecommunication Union (ITU) Africa Regional Development Forum held recently in Accra. The conference was organized ...
Infrastructure key to intra-African trade
Ms. Lartey agrees, adding that she could not get a bank loan despite all efforts ... and cannot deliver the economic development Africa needs. Gyekye Tanoh, of Third World Network-Africa, an Accra-based civil society organization that promotes equitable ...
Rich countries pushing "dirty energy" in Africa, report claims
Of the regional and multilateral development banks and 10 countries examined for the study, China gave the most to the energy sector, providing $5bn a year, 88% of which was spent on fossil fuels.
Partnership To Accelerate Africa"s Transformation Through Regional Integration
An African Development Bank mission led by Dr. Marcellin Ndong Ntah, Lead Economist and comprising Mr. Patrick Kanyimbo, Regional Integration Coordinator at the Bank’s East African Regional Hub (RDGE) in Nairobi visited the EAC headquarters in Arusha ...
Ross announces $1 billion in deals during Africa mission
The delegation also met with officials at the African Development Bank to better understand how and where the bank is providing financing throughout the continent. This financing is a key tool for US companies as they seek procurement contracts.
South Africa’s manufacturing sector needs a rescue plan
Manufacturing is a key catalyst and multiplier for job creation, GDP growth and development in any country. In South Africa, manufacturing is in a ... According to the World Bank, manufacturing is the highest job multiplier out of any sector.
Women Hold The Key To Unlocking R175 Billion For South Africa’s Economy By 2022
Women who want to start their own businesses have the potential to boost the South African economy by R175 billion, according to new research released today by Facebook. The study, conducted by Development ... to transforming our society and creating ...
The BRICS 2018 Johannesburg Declaration: Small Wins For Civil Society
True to this year's theme on “BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution” the document has a significant focus on economic integration and the establishment of global value chains ...and more »
Future of Kenya"s small banks murky as bigger rivals swoop on projects
Kenya has 42 banks including those under liquidation and receivership; data from the Central Bank shows that 20 small lenders control a paltry 8.7 per cent of the banking business compared with eight big banks that control 65 per cent and 11 medium ...
Why peace and security are essential enablers of development
Peace and security is an essential factor of human life. A peaceful and secure environment is critical to every society since it affects all aspects of economic and social development in a country, and is a necessary sin-qua non to the realization of ...
Muslim UN & First Ladies from 16 African Nations combat cancer spread in Africa
The event included a training workshop facilitated by experts from WHO, the International Atomic Energy Agency, the Islamic Development Bank and SESRIC (Statistical, Economic And Social Research And Training Centre For Islamic Countries) among others ...and more »
ADB chief talks China, climate finance, internal matters
MANILA — The process to devise the Asian Development Bank's Strategy 2030 officially started three years ago in 2015, when the bank kicked off a series of consultations with member state representatives, experts, civil society organizations, and staff ...