insert_link Africa A Day Of Joy As The African Development Bank celebrates 60 Years The President of Cote d’Ivoire Alassane Ouattara led celebrations on Tuesday to mark the African Development Bank’s 60th anniversary. “This is an historic milestone and a cause for celebration, but it is also an opportunity to see that the African Development Bank has financed some pivotal infrastructure and helped improve the living conditions of millions of Africans. The Bank is a source of pride and hope for Africa,” President […] todaySeptember 11, 2024 18
insert_link Africa Climate change could cost Africa billions by 2030 Africa currently loses between $7 billion and $15 billion a year because of climate change. If that trend continues, African Development Bank President Akinwumi Adesina tells the Zero podcast, that number could reach $50 billion by 2030. That’s why Adesina is focusing the bank’s efforts on financing climate adaptation, which he describes as the “forgotten cousin” of climate mitigation. todayMay 2, 2024 43
Africa African Development Bank President Wins Obafemi Awolowo Leadership Prize The President of the African Development Bank Group, Akinwumi Adesina, has been awarded the prestigious Obafemi Awolowo Prize for Leadership. The award which promotes the legacy and democratic ideals of the late Nigerian nationalist and federalist leader Chief Obafemi Awolowo, also “recognises and celebrates excellence in leadership.” The Foundation’s Executive Director, Ambassador Dr Tokunbo Awolowo-Dosumu said, “Dr Adesina was the unanimous choice of the Foundation’s Selection Committee, which described Adesina as […] todayDecember 22, 2023 12
Africa Africa needs just trade for a Just Energy Transition, African Development Bank head says at Doha Forum The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of its climate change reduction measures. Adesina said this could penalize African […] todayDecember 14, 2023 11
insert_link 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 6
insert_link 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 5