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The World Bank Group
Source: The World Bank Group |

Malawi: World Bank Provides Additional Support to Assist Food Crisis Response

A quick-release of $57.6 million in innovative grant financing is designed to provide the country immediate liquidity through the Catastrophe Deferred Drawdown Option (CAT-DDO)

The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing food security crisis. A quick-release of $57.6 million in innovative grant financing is designed to provide the country immediate liquidity through the Catastrophe Deferred Drawdown Option (CAT-DDO1). This CAT-DDO support comes in the context…

African Development Bank Group (AfDB)

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    • Water for the future: Tangiers takes steps to secure its blue gold (1)
    • Water for the future: Tangiers takes steps to secure its blue gold (2)
    • Water for the future: Tangiers takes steps to secure its blue gold (3)
    • Water for the future: Tangiers takes steps to secure its blue gold (4)
    • Water for the future: Tangiers takes steps to secure its blue gold (5)
    • Water for the future: Tangiers takes steps to secure its blue gold (6)
    • Water for the future: Tangiers takes steps to secure its blue gold (7)
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Source: African Development Bank Group (AfDB) |

Water for the future: Tangiers takes steps to secure its blue gold

Overlooking the Strait of Gibraltar at the northern tip of Morocco, Tangiers is a cosmopolitan place and gateway to the great continent of Africa

The white city of Tangiers wakes gently at daybreak. Schoolchildren mill up and down the main streets of the old town, the medina, crossing paths with the crowd heading to offices and a few morning tourists. Overlooking the Strait of Gibraltar at the northern tip of Morocco, Tangiers is a…

Afreximbank

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    • Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts over 200 participants
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Source: Afreximbank |

Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts over 200 participants

Co-organised in collaboration with FCI, the global body for factoring, the conference provided a platform for in-depth discussions and strategic initiatives to promote and enhance factoring within the Southern Africa region

In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), thus bolstering their participation in intra-regional trade and industrialisation, the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and FCI recently held a two-day factoring conference in Harare. Centred on the overarching theme of…

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

Carbon tax on fossils fuels, marine and aviation transport could generate additional development financing for Africa

United Nations Economic Commission for Africa (ECA) studies also indicate that investing in nature-based solutions in African countries could generate up to US$82 billion annually at a price of US$120/tCO2 equivalent

A carbon taxation regime covering carbon tax on fossil fuel, maritime transport, and aviation could generate additional funds to support the Africa energy transition, says Claver Gatete, Executive Secretary of ECA at a dialogue on carbon markets and development held on the sidelines of the tenth Africa Regional Forum on…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

African Union and Economic Community of West African States (ECOWAS) Discuss Terrorism, Violent Extremism and The Resurgence of Coups in Africa

Efforts include the various normative instruments adopted by the African Union to address the security challenges facing the African continent

The African continent is currently facing the scourges of terrorism and violent extremism, as well as the resurgence of unconstitutional changes of government. These developments have adverse negative impact on the peace, security, and stability of African communities. These were comments made by Ambassador Jainaba Jagne, Permanent Representative of The…

President of the Republic of Kenya
Source: President of the Republic of Kenya |

Kenya is Open for Trade and Investment, President Ruto tells American Investors

The country has undertaken radical, but attractive transformation measures in the trade and investment regime, including creating Special Economic Zones

Kenya is offering robust opportunities for trade and investments to local and global companies and businesses, President William Ruto has said. He said the country has undertaken radical, but attractive transformation measures in the trade and investment regime, including creating Special Economic Zones. “All major brands in need of an…

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

Placing Farmers at the Core of Development Efforts is important to Achieve Food Security

In an event at the 10th African Regional Forum on Sustainable Development (ARFSD) held in Addis Ababa, a clarion call has been issued to policymakers to center their policies around the needs of farmers and enhance access to funding in the agricultural sector

As Africa races against time to meet the Sustainable Development Goals (SDGs) by 2030 and the Malabo Commitments to end hunger by 2025, the continent faces formidable challenges aggravated by climate change, inflation, and regional conflicts. The urgency to reevaluate financing mechanisms is increasingly recognized, with a growing emphasis on…

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

United Nations Economic Commission for Africa (ECA) urges African countries to adopt technological solutions to monitor their development strategies

ECA developed the Integrated Planning and Reporting Tool (IPRT), a web-based tool designed to enhance the effectiveness of planning

To bolster national planning activities, policymakers have been urged to embrace digital tools to foster greater transparency, efficiency, and effectiveness.  The call to action was made during the meeting on "Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of Multiple Crises", which took place as a side event…

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

Development planning is a key transformative tool to strengthen resilience and sustainable development in Africa

The aim is to strengthen the capacity of planning entities to design and implement integrated planning systems and strategies for the attainment of the SDGs and Agenda 2063 is imperative

African countries should effectively deploy development planning as a transformative tool to strengthen resilience and sustainable development in an era of unrelenting crises, according to panelists at a side event on development planning titled “Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Convenes West African Epidemiology Network on Drug Use (WENDU) Workshop to Validate Data and Address Regional Drug Abuse Challenges, Affirms Support for Sierra Leone

The workshop aims to foster an environment of enhanced cooperation and improved data quality and access, enabling ECOWAS to develop informed policies

The Economic Community of West African States (ECOWAS) has inaugurated a three-day workshop from April 23rd to 25th, 2024, focusing on the West African Epidemiology Network on Drug Use (WENDU). While the workshop primarily aims to validate the WENDU 2023 data and strengthen regional responses to drug abuse challenges, it…