Development

The prestigious US magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank (AfDB) as the “Best Multilateral Financial Institution in the world for 2021”. The award is a global recognition for the path breaking efforts of the African Development Bank as it transforms itself into a solutions bank for Africa, through a combination …

The 11th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM) has been launched. PARIS, France, March 9, 2021/ — Tuesday 9 March 2021 marks the start of submissions to the 11th Orange Social Venture Prize in Africa and the Middle East. Until 4 June 2021, entrants will be able to submit their projects on …

GIZ and Orange launch an Orange Digital Center in Ethiopia, the 3rd in the Africa and Middle East region, to train young people in digital technology and boost their employability. Following launches in Tunisia and Senegal, Ethiopia will be home to the third Orange Digital Center in Africa and the Middle East ADDIS ABABA, Ethiopia, February 25, 2021/ — Today, …

"Until vaccines reach everyone, new clusters of disease will keep popping up. The cycle of inequality will continue"

“Creating and maintaining secure access to food systems in Africa is crucial for the continent’s economic development,” said Stefan Liebing, Chairman of the Africa Association of German Business at the opening of the 7th German-African Agribusiness Forum (GAAF). The annual event, organised by Afrika-Verein (German-African Business Association) and the German Agribusiness Alliance (GAA) and held in digital form on Tuesday …

BERLIN, Germany, January 14, 2021/ — 800,000 people in Africa reached with over 100,000 registered users; digital learning enables Africa’s youth to reach their personal potential. atingi (www.atingi.org), the digital learning platform of the German Federal Ministry for Economic Cooperation and Development (BMZ) has exceeded expectations in its first year. Within twelve months, atingi has reached almost a million people …

After months of delays caused by the COVID-19 pandemic, the African Continental Free Trade Area (AfCFTA) went into operation on 1 January. “Truly today is a historic day, a day in which we start officially trading under the preferences of the African Continental Free Trade Area. Today is a day we take Africa a step closer to a vision of …

Senator Rasha Kelej, CEO of Merck Foundation has been named “African Woman of the year 2020”, for the third time Senator Dr. Rasha Kelej, CEO of Merck Foundation and Member of the Egyptian Senate (2020-2025) has been named one of the most influential African women in the world for 2020, for the third time. She has been nominated this year …

Rita Ekua Yamoah reports on a recent program, organised by the Frankfurt-based non-governmental organisation Maisha e.V. for the empowerment of girls and women in Ghana against irregular migration, which took place in Accra. — Germany-based Maisha – African Women in Germany e.V. has again held a 5-day program to empower women who went through difficulties as a result of irregular …

JOHANNESBURG, South Africa, December 14, 2020 -/ African Media Agency (AMA)/- The SAP Young Professional Program, which forms part of the broader Skills for Africa initiative, has extended its footprint with a revised, fully virtual model that has enabled young candidates in several African countries to participate in the program, despite the pandemic. Since its launch in 2012, the program …

President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has been reelected to a second 5-year term by the Board of Governors of the international financial institution. The election took place at the bank’s annual general meeting held via video conferencing on Thursday. Adesina was the first AfDB president to be re-elected with 100% votes of both African and …

Following Abia State Government's approval of a parcel of land to be set aside for investment and development by Diasporans of Abia origin for which the Diasporan community will also have the responsibility to..

President Nana Akufo-Addo on Monday, 17th August 2020 commissioned and handed over the African Continental Free Trade Area (AfCFTA) Secretariat building to the African Union Commission (AUC) in Accra. This move is a fulfilment of Ghana’s obligation to provide an office as the Headquarters for the AfCFTA Secretariat and an official residence for the Secretary-General. Delivering a speech at the …

NJ Ayuk, founder of one of Africa’s most successful law chambers, explains that “climate change — and the call to leave fossil fuels in the ground— is largely a western narrative”, which does not consider the situation of African countries whose oil and gas production earns export revenues, reduce energy poverty, create jobs etc. He explains how Western climate policy …

The Bank’s investments have benefited millions of Africans through its 10-year strategy which it began implementing from 2013 ABIDJAN, Ivory Coast, June 3, 2020/ — For the past five decades, the African Development Bank Group (www.AfDB.org) has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution. The …

Dr Akinwumi Adesina, President of the African Development Bank (AfDB), is at the centre of a brewing storm.  Adesina, a former Nigerian agriculture minister, is due for re-election for a second term of 5 years at the helm of Africa’s leading development finance institution. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting …

Afrolynk is a Berlin-based company that promotes increased African-European business relationship with a focus on technology as the chief driver of integration. The social enterprise, which is present in 8 African countries – Ghana, Kenya, Nigeria, South Africa, Tunisia, Uganda, Zambia and Zimbabwe, supports young entrepreneurs with free online courses for the development of their skills. The company, which organises …

The African Network in Germany (TANG) celebrated the concluding forum of its municipal development policy (kommunale Entwicklungspolitik) activities on Saturday, attracting participants, ranging from German government officials and communal politicians to representatives of African diaspora organisations. Declaring the event open, Dr Sylvie Nantcha, chairman of TANG, gave a brief introduction of the organization, a network of more than 600 African …

Ambassador of Mauritius to Germany, Prof Kheswar Jankee, has identified factors inhibiting Africa’s development and preventing the continent from realising its huge potential. Speaking at the 2019 Global Partnership for Africa’s Development (G-PAD) Forum, which took place on 22-23 November in the German city of Tubingen, the diplomat and scholar said it’s frustrating talking about African development challenges despite its …

The 2019 Global Partnership for Africa’s Development (G-PAD) Forum took place on 22-23 November in the German city of Tubingen.