Liberia`s National Social Security and Welfare Corporation (NASSCORP), the only existing pension service provider in country, currently provides coverage to mainly formal sector public service employees The African Development Bank Group has approved $400,000 in grant funding for the Liberia…
New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing
The report provides an in-depth review of African countries progress towards five sustainable development goals and their 32 targets to meet the 2030 Agenda and the African Union 2063 Agenda The United Nations Development Programme (UNDP), the United Nations…
Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders
Bank leaders underscored the institution’s commitment to making investing in Africa more attractive Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank’s strong support to manage risks, African Development Bank…
AfDB and Red Cross stress co-creation to build resilience in Africa
African Development Bank and the International Committee of the Red Cross (ICRC) stress co-creation to build resilience in Africa The exchange highlighted the importance of strategic partnerships to reduce humanitarian funding gaps in the medium to long-term by pursuing a…
G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa
G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation.
African Development Bank Appoints Dr. Léandre Bassole as Deputy Director General for East African Region
The Bank’s engagement in Guinea increased from $240 million in 2017 to $728 million in 2023 The African Development Bank has appointed Dr. Léandre Bassole, a seasoned economic development specialist, as Deputy Director General for the East African Region, effective…
African Development Bank, African Union, United States Government, International Fund for Agricultural Development, CGIAR advance ties to boost Africa’s food production
….The African Union Commission-mandated Soil Initiative for Africa is a framework effort to systematically improve Africa’s soil health and productivity Top development organisations have pledged to forge partnerships to expand the Vision for Adapted Crops and Soils (VACS), an…
African Development Bank Group Unveils New Ten-Year Strategy 2024–2033
Central to the 2024–2033 strategic vision is the belief in Africa’s vast potential for societal and economic transformation The African Development Bank Group has unveiled its new Ten-Year Strategy 2024–2033, a blueprint to confront Africa’s pressing challenges and to help…
Water for the future: Tangiers takes steps to secure its blue gold
Overlooking the Strait of Gibraltar at the northern tip of Morocco, Tangiers is a cosmopolitan place and gateway to the great continent of Africa The white city of Tangiers wakes gently at daybreak. Schoolchildren mill up and down the…
Kenyan Farmers Get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee
The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales. In a significant step to advance food security in Kenya, the…