Sunday 17th November 2019
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Tag Archives: AfDB

AfDB president, Adesina, in first official visit to Nigeria

Dr Akinwumi Adesina

Dr Adesina meets Economic Team, commends authorities for bold steps taken, and announces emergency grant for Internally Displaced People Dr Akinwumi Adesina, President of the African Development Bank Group (AfDB), started his first official visit in Nigeria on Monday with an interactive session with the Government’s economic team chaired by Vice-President, Prof. Yemi Osinbajo. The session focused on how the ...

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Is the AfDB forgetting off-grid in its New Deal on Energy?

Akinwumi Adesina

A new senior job posting by the African Development Bank (AfDB) suggests that “business as usual” approaches at the bank will continue with regard to energy access, despite a clear rationale for more decentralised renewable approaches, writes William Brent, Director, Communications at Power for All In an advert this week in The Economist, the African Development Bank posted an opening for ...

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AfDB declares war on continent’s energy poverty

Akinwumi Adesina

The African Development Bank (AfDB) has declared its resolve to eliminate energy poverty in the continent of Africa. Addressing a high-level panel comprising African ministers of the environment and heads of country delegations at the ongoing 6th Special Session of the African Ministerial Conference on the Environment (AMCEN) in Cairo, the AfDB President, Dr. Akinwumi Adesina, revealed that over 645 ...

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Invest in renewable energy, AfDB urges business

Assaad Razzouk

“Investments in renewable energy should be the concern of both the government and the private sector. This is one of the best ever innovations in COP conferences and it is time private investors in Africa wake up and seize the opportunity,” notes Assaad Razzouk, chairman of Association for Sustainable and Responsible Investment in Asia at a discussion on the theme, ...

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‘Nigeria, driver of Africa’s economic growth’

African countries have been advised to develop and implement prudent macro-economic management policies, deepen structural reforms and build economic buffers in order to sustain their current economic growth rates. The advice was given on Thursday in Abuja by Dr. Ousmane Dore, Nigeria’s Country Director of the African Development Bank. Dore stated this at the launch of the bank’s “African Economic Outlook 2014″, ...

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Madagascar, Benin, Angola to get $17.8m AfDB climate change support

The African Development Bank (AfDB) has renewed its support for climate change resilience in Madagascar, Benin and Angola, which are accessing $17.8 million of adaptation finance in the form of grants from the Least Developed Countries Fund (LDCF) during the second quarter of 2013. It follows the approval last March to fund three water and sanitation projects. Under the scheme, ...

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Nigeria, others to benefit from $6.4bn AfDB climate fund

Nigeria and several other Africa countries facing the climate change challenge will benefit from a $6.4 billion fund to tackle the global menace, according to the African Development Bank (AfDB), which is providing the financing. Anthony Nyong of the AfDB, who made the disclosure on Monday in Doha, Qatar, stated that the money would support low-carbon and climate-resilient development in ...

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