Category: Development
Eastern and Southern Africa’s COMESA is a Major Market Place for Internal and External Trading
By Abdi Ali Published March 30, 2024 The Common Market for Eastern and Southern Africa (COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia in the north to Eswatini in the south. COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Djibouti,…
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Employ Welfarist Policies and People-Centred Development in Tackling Poverty
By Abdi Ali Published March 11, 2024 Given the high levels of poverty in Africa, what is needed are welfarist policies that exponentially expand opportunities for all, reduce inequalities and improve the quality of life of people. Akinwumi Adesina, President of the African Development Bank, has said this while receiving Obafemi Awolowo Prize for Leadership…
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African Development Bank to Assist Kenya in Development of Infrastructure and Human Resources
By Abdi Ali Published February 9, 2024 African Development Bank has approved a new five-year Country Strategy Paper (CSP) for Kenya that focuses on boosting private sector-driven growth through infrastructure development, strategic reforms and human capital development. “Our support, within the context of the new CSP 2024-2028, will be selectively focused on four sectors: transport,…
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Burundi to improve water supply and boost climate change resilience with African Development Bank Grant
By African Development Bank Published January 3, 2023 Burundi and African Development Bank have signed two grant agreements totalling US$13.15 million to implement Phase 1 of the Water Sector and Climate Resilience Building Support Programme (PASEREC-Phase1). The programme will strengthen Burundi’s resilience to the effects of climate change and improve the socio-economic conditions of the…
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Africa’s Business Heroes Prize Competition for Entrepreneurial Excellence Announces Winners
By Abdi Ali Published December 21, 2023 Entrepreneurs from Nigeria, Kenya and Egypt have taken the top three positions in the 2023 edition of Africa’s Business Heroes (ABH) Prize Competition. ABH Prize Competition, a philanthropic initiative sponsored by Jack Ma Foundation and Alibaba Philanthropy, has named Ikpeme Neto (CEO and Founder, Wellahealth Technologies) from Nigeria,…
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Enter Global Environmental Conservation Contest and Win £1 Million Prize
By Abdi Ali Published November 10, 2023 Earthshot Prize invites innovators, entrepreneurs, community leaders and climate change activists to submit their entries to the 2024 edition of the competition. The Earthshot Prize, a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet, is awarded annually to five winners,…
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