African Development Bank (AfDB)

Investment to Make Africa a World leader in Renewables

Africa, where close to half of its 1.2 billion people have access to electricity, is set to become a world leader in renewable energy. As global business and development leaders met in Johannesburg, South Africa, to attend the Africa Investment Forum (AIF), held Nov. 11 to 13, one of the key focuses of the deals being discussed was around sustainable, renewable energy.

Mo Money Mo Solutions – the African Development Bank’s Ready to Double Investment Across the Continent

Buses carrying cross-border traders and goods from Cotonou in Benin to Bamako in Mali have recently been using the Lomé route — travelling through the capital of Togo and then getting onto the Ouagadougou corridor on their way to the Malian capital.

Agro-tech Offers Answers for African Farmers at Iowa Meet

Experts vaunted new strains of seeds, drone aircraft and other technological breakthroughs as solutions-in-the-making for farmers in Africa, where hunger, drought and food price hikes are continent-wide problems.

Africa’s Mineral Wealth May Just have to Stay in the Ground to Protect a Changing Climate

As a result of climate change, resource extraction industries in Africa will be impacted by asset stranding, researchers say.

Investments to Cushion African Countries against Climate Shocks Not Enough

African Development Bank (AfDB) President Akinwumi Adesina unveiled millions of dollars of new pledges at the United Nations this week amid growing fears of climate change ravaging the continent and derailing anti-poverty targets.

Not Enough Good Information About Africa’s Climate for Adaptation

"We don't have a good appreciation of our local weather systems," says Dr James Kinyangi head of the African Development Bank's climate and development Africa special fund, which supports investments in climate and weather observations networks in Africa.

African Development Bank Plans for a Self-sufficient, Integrated and Industrialised Continent

Arama Sire Camara, a fruit and vegetable seller in the province of Kindia, some 135 km from the Guinean capital of Conakry, feels safer trading well into the night thanks to the Rural Electrification Project, financed by 21-million-dollar investment by the African Development Bank. “With lighting on the road at night and illuminating our goods, it means we are safer, especially with all the cars on the road. You can work for longer after nightfall, and so we can make more of our products,” she says.

AfDB ‘s Solar Project Aims at Making Africa a Renewable Power House

When UN Secretary-General Antonio Guterres launched the International Solar Alliance last October, he applauded the goal of mobilizing about $1 trillion dollars towards the deployment of some 1,000 gigawatts of solar energy by 2030.

How the African Development Bank Plans to Mobilise Funds for Climate Adaptation

IPS Correspondent Isaiah Esipisu reports from the Climate Change and Development in Africa Conference taking place at the African Union headquarters in Addis Ababa, Ethiopia.

Let’s Walk the Talk to Defeat Climate Change – African Leaders Told

African leaders have been asked to walk the talk, and lead from the front, in order to build resilience and adaptation to the adverse impacts of climate change on the continent.

TICAD7: PM Shinzo Abe says Japan will help double Africa’s rice production by 2030

The Sasakawa Association will work with the Japan International Cooperation Agency (JICA), to help double rice production to 50 million tonnes by 2030.  Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7.

Africa Remains Resolute Heading to COP 24

In December 2015, nations of the world took a giant step to combat climate change through the landmark Paris Agreement. But African experts who met in Nairobi, Kenya at last week’s Seventh Conference on Climate Change and Development in Africa (CCDA VII) say the rise of far-right wing and nationalist movements in the West are threatening the collapse of the agreement.

Public-Private Pacts Open Doors to Climate Finance in Rwanda and Ethiopia

The Global Green Growth Institute (GGGI) presented the African model of a National Financing Vehicle in which the governments of Rwanda and Ethiopia have successfully promoted green growth and climate resilience, at an event May 25 on the sidelines of the annual meetings of the Board of Governors of the African Development Bank (AfDB) in Busan, South Korea.

Unlocking Private Finance for Developing Countries’ Green Growth

Climate finance has never been more urgently needed, with massive investments in climate action required to meet the goals of the Paris Agreement and avoid the devastating effects of a warmer planet.

U.S. “Dumping” Dark Meat Chicken on African Markets

The United States and Europe’s preference for white meat is hurting Africa’s poultry industry, says Luc Smalle, manager at the agro firm Rossgro in South Africa’s Mpumalanga area.

Growing Unemployed Youth in Africa a Time Bomb, But…

There are nearly 420 million young Africans between the ages of 15 and 35 today. And it is estimated that within ten years, Africa will be home to one-fifth of all young people worldwide.

Nutrition Key to Developing Africa’s “Grey Matter Infrastructure”

Developing Africa’s ‘grey matter infrastructure’ through multi-sector investments in nutrition has been identified as a game changer for Africa’s sustainable development.

Africa and India – Sharing the Development Journey

Africa, like India, is a continent of rich and compelling diversity. Both continents share a similar landscape, a shared colonial history, and similar economic and demographic challenges. This helps both India and Africa work especially well with each other.

Using Agriculture and Agribusiness to Bring About Industrialisation in Africa

No region of the world has ever moved to industrialised economy status without a transformation of the agricultural sector. Agriculture, which contributes 16.2% of the GDP of Africa, and gives some form of employment to over 60% of the population, holds the key to accelerated growth, diversification and job creation for African economies.

Convincing Investors to Unlock Africa’s Green Energy Potential

Lowering investment risks in African countries is key to achieving a climate-resilient development pathway on the continent, say experts here at the U.N.-sponsored Climate Conference.

Rewriting Africa’s Agricultural Narrative

Albert Kanga Azaguie no longer considers himself a smallholder farmer. By learning and monitoring the supply and demand value chains of one of the country’s staple crops, plantain (similar to bananas), Kanga ventured into off-season production to sell his produce at relatively higher prices.

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