Africa Archive

Governments must move to harness game-changing potential of drones in Africa in order to bolster security and millions of jobs

Brussels, Belgium, 5 June, 2018: Drones can save lives, provide hi-tech rural jobs, and ensure developing countries take a major step forward towards self-sufficiency in food production – but only if governments come up with enabling national regulations governing their use. That is the joint message from agriculture specialists CTA and agricultural drone pioneers Parrot-Airinov.

Three leading development finance institutions sign loan agreement to support capital markets and high impact sectors in Africa

US Overseas Private Investment Corporation (OPIC), the African Development Bank, and KfW support to African Local Currency Bond (ALCB) Fund to focus on housing, microlending, and agriculture projects Frankfurt, Germany, April 13, 2018 – Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high

African Development Bank and the International Solar Alliance team up to drive solar development in Africa

New Delhi, India, March 16, 2018 – The African Development Bank’s Vice-President for Power, Energy, Climate and Green Growth, Amadou Hott, took part in the Founding Conference of the International Solar Alliance (ISA) in New Delhi co-chaired by Prime Minister Narendra Modi of India and President Emmanuel Macron of France. About 50 countries were represented

Pfizer joins AMP Health Partnership to increase access to care in Africa

Washington, D.C., February 1, 2018 – The Aspen Management Partnership for Health (AMP Health) and Pfizer are working together in an innovative partnership to help advance access to healthcare in Africa. AMP Health is a partnership of cross-sector organizations that resides at the Aspen Institute and works with ministries of health (MOH) to scale up

Industrialize Africa: Strategies, policies, institutions and financing

Abidjan, Côte d’Ivoire, November 20, 2017 – A new report released Friday by the African Development Bank (AfDB) calls for the industrialization of the continent with a focus on smart industrial policy, structural transformations and a move towards processing the continent’s raw materials into value added products. The report, entitled “Industrialize Africa: Strategies, Policies, Institutions

AfDB approves US$200 million to IDC to support industrialisation projects in Africa.

Abidjan, Côte d’Ivoire 29 September 2017 – The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and   1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa. The operation will support industrialization projects in both South

AfDB joins international community in supporting sustainable tourism development in Africa

Abidjan, Côte d’Ivoire, September 27, 2017 – This World Tourism Day, September 27, 2017, the African Development Bank has called for collaborative actions from all stakeholders for sustainable tourism development in Africa. The Bank recognizes that Africa’s tourism and travel industry can serve as an engine of progress for socioeconomic transformation. The United Nations’ World

How to make the green revolution a reality in Africa – Jennifer Blanke

Jennifer Blanke is the Vice-President, Agriculture, Human and Social Development at the African Development Bank (AfDB). In this interview, she speaks on the seventh African Green Revolution Forum, taking place in Abidjan, Côte d’Ivoire, from 4-8 September 2017; how to mitigate the impact of climate change on agriculture; the Bank’s Feed Africa Strategy, and other

Addressing legal barriers to fast-track the HIV and TB response in Africa

JOHANNESBURG, South Africa, 3 August 2017 – Six years after the first Africa Regional Dialogue on HIV and the Law and five years since the report of the Global Commission on HIV and the Law was released, over 140 advocates are gathering this week in Johannesburg, South Africa, to take stock of progress on the

NEPAD Infrastructure Project Preparation Facility proposes regional information hub to stimulate investment in Africa

Abidjan, Côte d’Ivoire, 24 July 2017 – The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a regional information hub to advertise bankable projects in Africa. NEPAD-IPPF proposes that each country should have a window linked to the centralized hub as part of an overall objective to unlock bankable investment opportunities in