Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank approves $124.2 million loan for water sector reforms in Akure to improve access to safe drinking water and sanitation

The project is set to address bottlenecks in critical water supply services to households in the densely populated project area

The Board of Directors of the African Development Bank (www.AfDB.org) on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes an African Growing Together Fund (AGTF) loan of $20 million. The overall project…

Source: African Development Bank Group (AfDB) |

Kenya & Tanzania: Over 3 million people to benefit from African Development Bank’s €345 million road construction support

The total amount of co-financing is expected to be more than $ 1.2 billion when subsequent phases of the project are concluded

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (https://www.AfDB.org/) board in Abidjan on Thursday. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I, is in the form of African…

Source: African Development Bank Group (AfDB) |

CORRECTION - African Development Fund (ADF)-15 replenishment: Donors commit $7.6 billion, a 32% boost from last replenishment, in support of Africa’s low-income, fragile, countries

ADF-15 will support Africa’s most vulnerable countries by tackling the root causes of fragility, strengthening resilience, and mainstreaming cross-cutting issues

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the…

Source: African Development Bank Group (AfDB) |

African Development Bank and African Union to roll-out a continent-wide electricity market Masterplan

The Masterplan also will inform the energy component of a Programme for Infrastructure Development (PIDA) Action Plan

The African Development Bank (AfDB.org) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power System Master Plan between the Bank and AUDA-NEPAD was unveiled, on November 29th, during a three-day…

Source: African Development Bank Group (AfDB) |

“Let’s address skills mismatch in jobs for the youth,” speaker tells African Economic Conference

According to Adamon Mukasa, senior researcher at the African Development Bank, under-skilled youth represented 28.9% of Africa’s population

The second day of the 2019 African Economic Conference, exploring ways to create jobs for Africa’s youth,  focused on the youth skills gap issue across the continent. The conference in the Egyptian resort of Sharm El Sheikh is hosted by the African Development Bank (AfDB.org) in partnership with the United…

Corteva
Source: Corteva |

Boosting Farm Productivity is the Key to Unlocking the Full Economic Value of Ethiopia’s Agricultural Sector

New-age agricultural companies can support these efforts with new technologies and practices around seeds, crop protection and digital farming technology

Ethiopia’s agricultural sector is the bedrock of the economy, employing more than 70% of the workforce, accounting for more than a third of GDP, and serving as the country’s largest earner of foreign exchange. Yet outdated farming practices and low productivity mean that agriculture in Ethiopia is far from reaching…

United Nations Information Centre (UNIC) in Lagos
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    • Make Cities Safe, Resilient, Inclusive and Sustainable – LASSMUN Urges UN Member States
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Source: United Nations Information Centre (UNIC) in Lagos |

Make Cities Safe, Resilient, Inclusive and Sustainable – LASSMUN Urges UN Member States

Also urges government and Habitat Agenda Partners to make provisions to increase resources for affordable housing and housing-related infrastructure

The Lagos Secondary Schools Model United Nations (LASSMUN) conference has called upon governments and Habitat Agenda Partners to develop strategic responses to the problems of sustainable urban development and requested international agencies to facilitate the access of cities to climate change mitigation and adaptation financing. This was one of the…

United Nations Mission in South Sudan (UNMISS)
Source: United Nations Mission in South Sudan (UNMISS) |

Lankien Residents Remain Fiercely Committed to Peace-Building Despite Fresh Hurdle of Floods

The signing of a peace deal in September 2018 has resulted in a significant reduction in political violence around the world’s youngest nation

Bul D. Gai happened to be paying a quick visit to family in Juba in 2013 when the city suddenly erupted in a firestorm of violence between South Sudanese government and opposition forces. He joined tens of thousands of others who fled for their lives to United Nations compounds seeking…

African Energy Chamber
Source: African Energy Chamber |

Ghana and Nigeria top list of markets to watch for key project developments

Ghana’s determination to become sub-Saharan Africa’s first LNG importer in 2020 is set to become a reality as the Tema LNG terminal project nears completion

In its African Energy Outlook 2020 report launched last month, the African Energy Chamber (“The Chamber”) (https://EnergyChamber.org/) highlighted the importance of increased infrastructure capacity in Africa’s long-term industrial development. Spotlighting the $12 billion Dangote Refinery in Nigeria and Ghana's Tema LNG Terminal, the Chamber noted essential role such projects play…

Shift Social Development
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    • Fred Swaniker, founder and CEO of Africa Leadership Group, to open the 2020 Africa Shared Value Leadership Summit (1)
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Source: Shift Social Development |

Fred Swaniker, founder and CEO of Africa Leadership Group, to open the 2020 Africa Shared Value Leadership Summit

Summit brings business leaders together to talk transforming Africa

“By 2030, Africa will have a larger workforce than China, and by 2050, it will have the largest workforce in the world. One billion people will need jobs in Africa, so if we don’t grow our economies fast enough, we’re sitting on a ticking time bomb, not just for Africa,…