Representatives from four African countries today called for a balanced approach to growing debt vulnerabilities to help low-income African countries meet their commitments to lenders.
African Development Bank President Akinwumi Adesina has reaffirmed stronger ties and increased support for Congo during a three-day visit to the Republic of Congo on 12 May 2019.
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program.
Mozambique: African Development Bank comes through with climate risk insurance solutions post cyclone
“We are committed to supporting Mozambique to seek sustainable solutions to climate vulnerabilities, through access to sustainable financial products”Atsuko Toda – Bank Agriculture, Finance and Rural Development Director
Nigeria: Investors say African Development Bank’s Special Agro-Industrial Processing Zones will drive agricultural revolution
Senior Nigerian government officials and key investors have endorsed the African Development Bank’s Special Agro-Industrial Processing Zones (SAPZ) initiative, describing it as a pathway to Africa’s agricultural revolution.
At a meeting with the African Development Bank President in Abuja, Nigeria’s President Muhammadu Buhari commended the Bank for its successes and pledged Nigeria’s continuous support for the institution.
Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai has received a boost from the African Development Bank (www.AfDB.org), which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region.