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African Development Bank

14 Results / Page 2 of 2

Background

Africa

Global leaders call for increased resources to provide 1 billion people with clean cooking solutions in Africa

“Every woman, every mother must be able to turn on the gas cooker and cook a decent meal like anywhere else in the world”—Adesina African Development Bank to scale up contribution to clean cooking solutions “Lack of access to clean cooking is a stain on humanity”—Birol Africa requires $4 billion in annual investment,to provide  250 million with clean cooking energy,  says the Executive Director of the International Energy Agency (IEA) Fatih […]

todayDecember 7, 2023 4

Environment

COP28 Finance Day unlocks innovative financial mechanisms to support vulnerable countries fight climate change

COP28 Finance Day unlocked significant progress on international financial architecture reform to support low-income and vulnerable countries fight climate change. Major international financial institutions and countries made new commitments to offer climate-resilient debt clauses (CRDCs) in their lending. These clauses allow debt service to be paused to provide breathing space when countries are hit by climate catastrophes. The UK, France, World Bank, Inter-American Development Bank (IDB), European Investment Bank (EIB), […]

todayDecember 5, 2023 2

Namibia

Swapo Party Youth League central committee’s meeting to tackle unemployment and drought

Swapo Party Youth League central committee members gathered at the Sam Nujoma Multi-purpose Centre in the Oshana Region on Friday for the second central committee meeting to discuss bread and butter issues faced by Namibians. Party Vice-President, Netumbo Nandi-Ndaitwah, said the discussions come at the right time, however, the youth should remain united if they are to achieve their intended purpose. Nandi-Ndaitwah made the remarks during the official opening of […]

todayNovember 17, 2023 2

Namibia

African Development Bank approves $196 million loan to modernize railway Namibian infrastructure

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government will provide the remaining 48.2 percent. The project aligns with Namibia’s long-term Vision 2030 to the country’s Namibia’s logistics value […]

todayNovember 1, 2023 4

Africa

“Do not overlook Africa’s multi-trillion food and agribusiness sector” African Development Bank chief tells investors at World Food Prize Dialogue

Africa’s food and agribusiness will be worth an estimated US$11 trillion by 2030, African Development Bank President Dr Akinwumi Adesina told participants of the World Food Prize Foundation’s Norman E. Borlaug Dialogue in Des Moines, Iowa on Thursday. The annual event in America’s agricultural heartland, revolved around this year’s theme of “harnessing change,” with delegates and panellists exploring innovative ideas to shore up innovation, adaptation, and diversification, and mechanisms for improving resilience, recovery from […]

todayOctober 30, 2023 1

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