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Tag: African Development Bank

African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat

African Continental Free Trade Area Secretariat Gets African Development Bank Grant

By African Development Bank Published July 16, 2022 African Development Bank, through its African Development Fund, has approved an US$11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA). AfCFTA, that is touted as being the world’s second-largest free trade area, has a potential market of 1.2 billion consumers…

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The three-day virtual boardroom meetings showcased 40 projects across several sectors. Dr Adesina said Africa was back for investments as the COVID19 pandemic gradually receded.

African Development Bank Attract 32 Billion Dollars in Investment Interest

By African Development Bank Published March 21, 2022 Africa Development Bank ‘s Africa Investment Forum virtual boardrooms have drawn US$32.8 billion in investment interest in bankable projects. Unveiling the results of the Forum’s sessions, African Development Bank Group President Akinwumi A Adesina told the 500 project sponsors, investors, deal brokers and government representatives from around…

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Beth Dunford calls on African and global leaders, as well as development organizations, to join the African Development Bank (AfDB)'s call for increased investments in agricultural technologies that boost Africa's food production and food security in the face of climate change.

Time to Invest in Africa’s Agriculture

By Beth Dunford Published October 17, 2021 Though more than six out of every 10 people in Sub-Saharan Africa work in the continent’s agriculture sector, the pace of the continent’s agricultural growth is not keeping up with Africa’s population growth and around 246 million Africans go to bed hungry every night. On this World Food…

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Prepare their meals with anti-viral and immune-boosting herbs and spices as a measure to fight the novel Coronavirus disease

Feeding Africa Calls for Increased Investments and Expanded Partnerships

By Irene Gaitirira Published April 23, 2021 Despite positive and ongoing gains in economic development in many African countries, hunger is on the rise, impacting some 246 million people. The Covid-19 pandemic has shone a spotlight on the cracks in the continent’s food systems, already under strain from climate change, conflict and pests. African Development…

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Africa Investment Forum 2020 Cancelled

By Abdi Ali Published December 4, 2020 An annual three-day investment marketplace for Africa that was scheduled for November 2020 has been postponed. The founding partners of Africa Investment Forum (AIF) that was to have been held in South Africa’s commercial capital, Johannesburg, have pushed the event to 2021 due to the ongoing COVID-19 pandemic.…

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Tax Transparency in Africa 2020, the latest report by Global Forum for Transparency and Exchange of Information for Tax Purposes

African Countries Tackle Tax Evasion and Money Laundering

By Abdi Ali Published July 4, 2020 African countries are making great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows. RELATED:Illicit Financial Flows and Inadequate Energy Hinder Africa’s Industrialisation Tax Transparency in Africa 2020, the latest report by Global Forum for Transparency and Exchange of Information…

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