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    • Global Forum Secretariat, African Development Bank and World Bank Group deliver new manual on Exchange of Information for tax purposes
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Source: African Development Bank Group (AfDB) |

Global Forum Secretariat, African Development Bank and World Bank Group deliver new manual on Exchange of Information for tax purposes

Exchange of information (EOI) is an essential tool for tax authorities worldwide to ensure that all taxpayers pay the correct amount of tax

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), the World Bank Group and the African Development Bank (www.AfDB.org) have jointly published a new version of the Manual on Exchange of Information (https://bit.ly/3CovIgS), in order to support tax authorities. Exchange of information (EOI) is an…

Source: African Development Bank Group (AfDB) |

Africa, Latin America and the Caribbean join forces to drive circularity

Dialogue was held among entrepreneurs, academics, and champions on the need to scale up the transition towards circular economies

The African Circular Economy Alliance (ACEA) (www.ACEAafrica.org), and the Circular Economy Coalition of Latin America and the Caribbean (CEC LAC) (https://bit.ly/3hHaxPw) have organized the first regional dialogue to strengthen cooperation around their common objectives. The event, titled “Regional deep-dive: Africa, Latin America & the Caribbean joining forces for circularity,” took…

Source: African Development Bank Group (AfDB) |

African Development Bank’s SEFA grant to support first Super Energy Service Company (ESCO) in East Africa

The Super ESCO, to be run by the Kenya Power and Lighting Company, will develop and implement energy efficiency projects for both the public and private sectors

The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/39fnc7x) has announced a $1 million grant to support the government of Kenya to create a Super Energy Service Company (ESCO). The Super ESCO, to be run by the Kenya Power and Lighting Company, will develop and implement energy efficiency projects for both…

Source: African Development Bank Group (AfDB) |

African Development Bank’s SEFA provides $1 million to kick off modernization of Africa’s Hydropower Fleet

The modernization of hydropower stations is an opportunity to increase generation capacity at low-cost, and with relatively short lead-times and minimal environmental impact

The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/3tZp0eB) has approved a $1 million grant for modernization of Africa’s aging hydropower fleet. The grant will fund the mapping and evaluation of African hydropower facilities’ rehabilitation needs. It will also support the preparation of modernization works for two pilot facilities to a…

Source: African Development Bank Group (AfDB) |

Global Center on Adaptation and African Development Bank call for applications for the African Youth Adaptation Solutions Challenge

Young entrepreneurs between the ages of 18 and 35 are invited to respond to the call for the expression of interest and submit their business plan through the official submission portal

The Global Center on Adaptation (GCA) and the African Development Bank (AfDB.org) have launched a call for applications for the first edition of the African Youth Adaptation Solutions (YouthAdapt) Challenge. The call encourages young entrepreneurs, innovators from micro, small and medium-sized enterprises (MSMEs) and other youth-led and youth-owned enterprises in Africa,…

Source: African Union (AU) |

National Youth Councils elect the first-ever Common Market for Eastern and Southern Africa (COMESA) Youth Advisory Panel

The Panel will regularly update the needs and interests of youth through reports and contributions to the reports of the various thematic groups

The National Youth Councils of the Common Market for Eastern and Southern Africa (COMESA) Member States, have elected the first-ever COMESA Youth Advisory Panel (COM-YAP). The elections were held during a two-day meeting convened on the 8th and 9th of September 2021, jointly by COMESA and the African Governance Architecture (AGA), focused…

Source: United Nations Economic Commission for Africa (ECA) |

UN Launches the First Regional Online Portal to Bring Together all African Countries with Data and Evidence on Sustainable Development

This is the first platform to serve as a one-stop-shop repository that captures high-quality data and evidence on the 2030 Agenda and the SDGs from all the African countries

Measuring and evaluating progress on the Sustainable Development Goals in Africa became much easier as a group of regional UN entities launched the first online data portal that brings together statistical data harvested across all countries on the continent. Today, 17 regional UN entities, under the Africa Regional Collaborative Platform…

Source: African Union (AU) |

Uganda’s Daniela Odong scoops ECOSOCC’s Young Africans Writing Contest (YAWC) top prize; Amb. Susan Sikaneta awarded the ECOSOCC Stalwarts Award

Daniela’s essay titled ‘A blueprint for the future’ was announced winner at the YAWC 2021 Awards Ceremony held on the 9th of September, African Union Day

Daniela Odong, a 17-year-old from Uganda’s Mt St Mary’s College, Namagunga has scooped the first prize of the African Union Economic, Social and Cultural Council (ECOSOCC) Secretariat Young Africans Writing Contest (YAWC). Daniela’s essay titled ‘A blueprint for the future’ was announced winner at the YAWC 2021 Awards Ceremony held…

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    • Nigeria: African Development Bank President conferred with Leadership Person of the Year Award 2020 - Leadership Newspaper Group
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Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank President conferred with Leadership Person of the Year Award 2020 - Leadership Newspaper Group

The award was given “in recognition of his impeccable public service record and extra-ordinary accomplishments in driving the growth and development of the African Development Bank Group”

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi A. Adesina, has received the Leadership Person of the Year award from the Leadership Newspaper Group in Nigeria. The award was given “in recognition of his impeccable public service record and extra-ordinary accomplishments in driving the growth and development…

Source: African Development Bank Group (AfDB) |

Botswana: African Development Bank approves $137 million loan for post-pandemic economic recovery

The funds will be used to enact multi-sector reforms that will increase spending efficiency, create jobs and drive inclusive growth

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $137 million loan to support Botswana’s economic recovery from the Covid-19 pandemic. The funds, extended under the Bank Group’s Botswana Economic Recovery Support Program, will be used to enact multi-sector reforms that will increase spending efficiency,…