Wednesday 14th April 2021
Wednesday, 14th of April 2021
Home / Tag: African Development Bank (AfDB)

Tag Archives: African Development Bank (AfDB)

Africa must invest in innovative sanitation, wastewater management – Report

Wambui Gichuri

The African Development Bank (AfDB), the UN Environment Programme (UNEP) and GRID-Arendal have released the inaugural Sanitation and Wastewater Atlas of Africa, a tool to benchmark and propel Africa’s progress towards Sustainable Development Goals on safe sanitation and wastewater management. Wambui Gichuri, the AfDB’s Director for Water Development and Sanitation The Atlas aims to help policymakers accelerate change and investment ...

Read More »

AfDB’s climate resilient project in Zambia wins water award

Indie Dinala

A climate resilient project in Zambia supported by the African Development Bank (AfDB) and Climate Investment Funds (CIF) has won the Water ChangeMaker People’s Choice Award-Africa. Indie Dinala, SCRiKA’s Project Manager The Strengthening Climate Resilience in the Kafue Sub-basin Pilot Programme for Climate Resilience (SCRiKA) reportedly beat two other finalists identified by an expert jury to win first prize with roughly 7,000 votes, ...

Read More »

AfDB commits $12.5bn to climate finance

Akinwunmi Adesina

The African Development Bank (AfDB) has committed an additional $12.5 billion to climate finance between 2020 to 2025 in Africa. AfDB president, Akinwunmi Adesina President of the AfDB, Dr Akinwumi Adesina, said this at the first online international Climate Adaptation Summit (CAS) 2021 on Monday, January 25, 2021.  The two-day summit, hosted by the Dutch government, aimed to adopt a roadmap ...

Read More »

Renewable energy described as critical driver of Africa’s post-COVID-19 growth recovery

UK Africa Investment Summit

Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, panellists in a 2021 UK Africa Investment Summit event said on Wednesday, January 20, 2021, as they called for a stronger partnership between the United Kingdom and Africa. 2021 UK Africa Investment Summit The panel, themed “UK & Africa: Partnering in Sustainable and Resilient Infrastructure Development”, covered discussion ...

Read More »

AfDB supports Great Green Wall with $6.5bn

Akinwunmi Adesina

The African Development Bank (AfDB) has said that it will support the Great Green Wall initiative with $6.5 billion over the next five years. AfDB president, Akinwunmi Adesina President of the AfDB, Dr Akinwumi Adesina, said this at the One Planet Summit in a forum hosted by France and UK on Monday, January 11, 2021. The Great Green Wall or ...

Read More »

AfDB approves five-year gender strategy to boost inclusive growth

Vanessa Moungar

The African Development Bank (AfDB) Group has approved a new Gender Strategy for 2021 to 2025 tagged “Investing in Africa’s women to accelerate inclusive growth.” AfDB Director for Gender, Women and Civil Society, Vanessa Moungar This is contained in a statement from the bank in Addis Ababa, Ethiopia, on Thursday, January 7, 2021. The strategy was approved on Dec. 11, ...

Read More »

AfDB provides $25m to boost low-carbon energy generation

Akinwunmi Adesina

The African Development Bank’s Board of Directors on Monday, December 14, 2020 approved $15 million from the Sustainable Energy Fund for Africa (SEFA) and $10 million from the Clean Technology Fund (CTF) to advance African Renewable Energy Fund (AREF) II’s projects to boost low-carbon energy generation in sub-Saharan Africa. AfDB president, Akinwunmi Adesina SEFA’s contribution will comprise a package of ...

Read More »

Winner gets $2,000 in AfDB, UNEP Sustainable Fashion contest

Vanessa Moungar

The African Development Bank’s (AfDB) Fashionomics Africa initiative is inaugurating a competition to support designers for sustainable fashion, according to a statement from AfDB on Monday, December 14, 2020. AfDB Director for Gender, Women and Civil Society, Vanessa Moungar The first Fashionomics Africa online contest is inviting African fashion brands pursuing environmentally friendly measures, sustainability and circular economy actions to ...

Read More »

AfDB supported water project builds peace, better health in South Sudan

South Sudan water

Farida, her school bag on her back and her face betraying a hint of a smile, sings softly on her way to school in Juba, the capital of South Sudan. A South Sudanese boy drinking polluted water Along with thousands of other South Sudanese girls, Farida has been able to attend class thanks to a project that has freed her ...

Read More »

AfDB approves $120m loan to build Malagarasi hydropower project in Tanzania

Akinwunmi Adesina

The African Development Bank (AfDB) has approved a $120 million loan to fund the construction of a 50 MW hydropower plant in western Tanzania. AfDB president, Akinwunmi Adesina When operational, the plant will provide reliable renewable energy to households, schools, clinics and small- and medium-sized enterprises in the Kigoma Region. The Malagarasi Hydropower project has several components: a run-of-the-river hydropower ...

Read More »