Akinwunmi Adesina, President of the African Development Bank Group (AfDB),, has said that Africa must prepare for the inevitability of a global food crisis. Adesina was speaking about Africa’s priorities as a guest at the Atlantic Council’s Africa Centre, Washington. Fielding questions from the Council’s Africa Center Chair, Ambassador Rama Yade and other senior members […]
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Dr Akinwumi Adesina, President of the African Development Bank (AfDB), has said the travel ban on some African countries over Omicron, the new COVID-19 variant is “very unfair, non-scientific and discriminatory”. Adesina, who said this through his verified Twitter handle @akin_adesina, urged the western countries to lift the travel ban on the African countries He […]
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A coalition of multilateral development banks and development partners has pledged over US$17 billion in financing on Friday during a high-level forum, in a bold bid to address rising hunger on the African continent and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue – Feeding Africa: leadership […]
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The African Development Bank (AfDB) has advised Nigeria to formulate appropriate and sustainable strategies to promote agro-industrialisation to foster domestic and export competitiveness in the agro-business industry. The statement by the bank’s Communication and External Relations Department, reported Prof. Banji Oyelaran-Oyeyinka, Senior Special Advisor on Industrialisation to AfDB President to have given the advice at […]
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The Board of Directors of the African Development Bank (AfDB) has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund (AIIF3). AIIF3 is a closed-ended pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM). AIIM is one of Africa’s most experienced infrastructure fund managers. The Fund will focus […]
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The African Development Bank, AfDB, said it has lunched a Presidential Youth Advisory Group, an initiative that will create 25 million jobs for youths. Akinwunmi Adesina, president of the bank said, the initiative would provide insights and innovative solutions for job creation for Africa’s youth as outlined in the Bank’s Jobs for Youth in Africa Strategy. […]
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