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Tag Archives: African Development Bank

Senegal Supports Amadou Hott’s Bid for AfDB Presidency

SENEGAL has officially launched the candidacy of Amadou Hott for the presidency of the African Development Bank (AfDB) Group. The announcement, made by the Ministry of African Integration and Foreign Affairs, underscores Senegal’s commitment to pan-African progress and development. A legacy of leadership and vision Hott brings over 25 years of experience …

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Nigeria Ranks 6th on Africa Visa Openness Index – Report

NIGERIA ranked sixth among 54 countries in the African Development Bank (AfDB) and African Union’s 2024 African Visa Openness Index (AVOI) report. Newsextra24 reports that the AVOI tracks visa-openness on African continent and how easy it is for African citizens to travel to other African countries. “Visa openness refers to …

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AfDB Approves $102.79m for Sustainable Farming in West Africa

  THE African Development Bank (AfDB) has approved $102.79 million for the promotion of sustainable agricultural value chains in special agro-industrial processing zones (SAPZ) across Guinea, Senegal, and Togo. This initiative aims to foster sustainable agricultural practices while integrating climate resilience and reducing greenhouse gas emissions in these regions. The …

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AfDB Approves $1bn Loan To SA’s Transnet

THE African Development Bank (AfDB) announced on Thursday the approval of a $1bn loan to Transnet, South Africa’s state-owned rail and ports company. This loan is fully guaranteed by the South African government and will finance the initial phase of Transnet’s $8.1bn investment plan aimed at revitalising the country’s deteriorating …

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AfDB And Intel Partner To Transform Africa’s Digital Ecosystem

THE African Development Bank (AfDB) and technology giant Intel have formalised their cooperation to revolutionise the African digital ecosystem. This partnership aims to equip 3 million Africans and 30,000 government officials with artificial intelligence (AI) skills. The agreement was sealed at the recent African Development Bank’s annual meetings in Nairobi, …

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African Development Bank Group And Research Centres To Transform African agriculture And Improve Food Security

THE African Development Bank Group (www.AfDB.org) and the Consortium of International Agricultural Research Centres (CGIAR) committed on Thursday to strengthen their collaboration to increase food production and provide better nutrition for Africa’s growing population. With 65% of global uncultivated arable land, the African Development Bank believes that the continent can …

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Africa: Burundian Farmers Celebrate Great Yields Thanks To African Development Bank Support

BURUNDIAN farmers told visiting government officials and African Development representatives that they are delighted with the year’s great yields thanks to the hybrid, climate-resilient seeds and multi -strand support that has been provided by the Bank. Several cooperative members expressed their satisfaction. Marie-Thérèse Nahabaganwa, chair of the Tsindinzara (Combating Hunger …

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