November 11, 2022
Southern Africa: African Development Fund Invests Over $6 Million to Develop the Pharmaceutical Sector in Southern and Eastern Africa
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, on 2 November 2022 in Abidjan, approved a $6.63 million… Read more »
October 28, 2022
Africa: Africa Investment Forum 2022 - Medical and Vaccines Transactions Expected to Draw Healthy Investor Interest During Market Days Event
Since the onset of the Covid-19 pandemic, the Africa Investment Forum, a marketplace for transactions that close Africa's investment gaps, has channeled investments to projects… Read more »
October 18, 2022
Africa: African Development Bank Head Urges Multilateral Development Banks to Drive Healthcare Financing
Africa will never again be caught flat-footed at the outset of another health pandemic, African Development Bank Group President Dr. Akinwumi Adesina stressed on Monday at the… Read more »
Africa: Ustda, Mobihealth Partner On African Telehealth Infrastructure
This USTDA press release was originally published on 17 October 2022 on USTDA's website. Read more »
October 06, 2022
Rwanda: How Rwanda Is Using Artificial Intelligence to Improve Healthcare
Drug stock-outs and shortage of medical equipment in health facilities in Rwanda are becoming a thing of the past, thanks to an innovation that is addressing procurement… Read more »
September 29, 2022
Namibia: Namibia - African Development Bank Board Approves $134.9 Million Loan for Post-Covid-19 Economic Recovery Support Program Phase II
The Board of Directors of the African Development Bank has approved a loan of 2.3 billion South African rands ($134.9 million) in co-financing for the second phase of Namibia's… Read more »
September 22, 2022
Africa: Global Environment Facility, African Development Bank's Sefa Provide $20 Million to Expand Covid-19 Off-Grid Recovery Platform
The Board of Directors of the African Development Bank Group has approved a $20 million concessional investment to support the second phase of the Covid-19 Off-Grid Recovery… Read more »
September 06, 2022
Cameroon: Climate Change Poses a Health Challenge in Cameroon
Dr. Paul Eloundou understands the challenges posed by climate change only too well. A resident in Yaoundé and the director of one of the largest district hospitals, he is an… Read more »
August 23, 2022
Africa: Eighth Tokyo International Conference On African Development Side Event - Re-Imagining Resilient and Sustainable Universal Health Coverage in Africa
What: Webinar on re-imagining resilient and sustainable Universal Health Coverage (UHC) in Africa, on the side-lines of the Eighth Tokyo International Conference on African… Read more »
July 12, 2022
Morocco: Morocco - African Development Bank Commits €87 Million Loan to Widen Social Protection and Strengthen Health Services
The Board of Directors of the African Development Bank Group approved an €87 million loan to implement the Support Program for the Generalization of Social Coverage in Morocco Read more »
June 30, 2022
Africa: Ghana - African Development Fund Approves $27.19 Million Grant for Skills Development Infrastructure to Boost Post Covid-19 Recovery
The Board of Directors of the African Development Fund today approved a $27.19 million grant to Ghana for infrastructure for skills development and job creation for youth and women… Read more »
June 27, 2022
Africa: African Development Bank's Board Approves Landmark Institution - Establishment of African Pharmaceutical Technology Foundation to Transform Africa's Pharmaceutical Industry
"Africa can no longer outsource its healthcare security to the benevolence of others" - Akinwumi Adesina Read more »
June 17, 2022
Gambia: Gambia - African Development Bank Strengthens Health System to Eradicate Covid-19 and Ward Off Possible Pandemics
Since 2020, the Multi-Country Covid-19 Crisis Response Program has strengthened the health system in Gambia. Significant health infrastructure has been built to contain possible… Read more »
June 10, 2022
Burkina Faso: Burkina Faso - A Food and Nutrition Project Has Been a 'Godsend' for Students At Village Schools
It's 13:00 at the primary school in Konioudou, a village in the rural commune of Kombissiri, about 40 km outside the capital Ouagadougou, and it's time for the pupils' midday… Read more »
Ghana: Ghana - Economy Shows Signs of Rebound, but Covid-19 and the Ukraine-Russia Crisis Will Test Resilience and Inclusivity - - Report
Ghana has enjoyed two decades of steady growth, but the impact of the Covid-19 pandemic and the Ukraine-Russia crisis could dent economic prospects, according to an African… Read more »
Africa: "Africa and the Bank have shown incredible resilience to the pandemic"
Simon Mizrahi heads the Delivery, Performance Management and Results Division of the African Development Bank, which publishes the Annual Development Effectiveness Review. Read more »
June 03, 2022
Mozambique: After Cyclones, Conflict and Covid-19, Recovering Mozambique Prepares Next Five-Year Strategy
The national economy is beginning to recover from the economic contraction seen in 2020, and has attracted greater volumes of domestic and foreign investment, said Mozambique… Read more »
May 27, 2022
Africa: African Development Bank Reports Strong Financial Health, Despite Covid-19 Crisis
The African Development Bank Group is progressing with financial reforms that have helped it become stronger, more resilient, and better equipped in the wake of the Covid-19… Read more »
May 25, 2022
Africa: African Economic Outlook 2022 - Africa's 2021 Economic Rebound Impacted By Lingering Covid-19 Pandemic and Russia-Ukraine War
Africa's gross domestic product has recovered strongly in the last year, but the lingering effects of the Covid-19 pandemic, Russia's invasion of Ukraine and the ensuing war could… Read more »
April 19, 2022
Africa: Multinational - African Development Bank Earmarks €10 Million Equity Investment to Drive Technologies in the Wake of Covid-19
The Board of Directors of the African Development Bank has approved an equity investment of €9.8 million to support venture capital investments in African start-ups, from seed… Read more »
March 25, 2022
West Africa: African Development Bank Group Signs Memorandum of Understanding With Ecowas for $3.56 Million Grant to Develop West Africa Pharmaceutical Industry
The African Development Bank and the Commission of the Economic Community of West African States (ECOWAS) have signed a memorandum of understanding for $3.56 million in grant… Read more »
March 29, 2022
Africa: It's Time to Nourish Africa Once and for All
Africa's food systems are failing to deliver diets that are healthy, affordable, secure and safe for vast swathes of its population. For many in Africa, persistent food shortages… Read more »
March 22, 2022
Africa: Lionesses Digital Transformation Playbook for Africa's Women Entrepreneurs Offers First-Person Hacks, Tactics and Strategies for Building Businesses Back From Covid-19 Pandemic
Report financed by African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) initiative Read more »
March 16, 2022
Africa: Covid-19 Has Opened Africa's Eyes - and the World's - to Investment Opportunities Says Africa Investment Forum
The Covid-19 pandemic has highlighted Africa's urgent need for better healthcare. Unequal access to vaccines , along with disruptions to supply chains caused by worldwide economic… Read more »
March 08, 2022
Africa: Lionesses Business Confidence Report Speaks to High Levels of Resilience By Africa's Leading Women Entrepreneurs Despite Covid-19
Report financed by African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) initiative Read more »