The African Development Bank President, Dr Akinwumi Adesina, has submitted that the global financial architecture constrains Africa’s development, recommending five ways it can be made fairer.

5 ways to make the Global Financial Architecture fairer – AfDB’s Akinwumi Adesina

The African Development Bank President, Dr Akinwumi Adesina, has submitted that the global financial architecture constrains Africa’s development, recommending five ways it can be made fairer. Speaking at a high-level roundtable—Towards a Fair International Financial Architecture—at the 78th United Nations General Assembly last week, Adesina said the international financial architecture was not delivering the scale of…

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AfDB and Google collaborate on digital transformation in Africa

AfDB and Google collaborate on digital transformation in Africa

The African Development Bank (www.AfDB.org) and Google today formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter of Intent during the Global Africa Business Initiative at the United Nations General Assembly in New York. The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure, and refine…

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The African Development Bank President (www.AfDB.org), Dr Akinwumi Adesina, has pledged his institution’s full support to the United Nations Secretary General’s Early Warning for All initiative and the Systematic Observations’ Financing Facility. The Bank is the implementing entity for the Facility in Africa.

AfDB launches $1-billion Africa Climate Insurance Facility for Adaptation

The African Development Bank President (www.AfDB.org), Dr Akinwumi Adesina, has pledged his institution’s full support to the United Nations Secretary General’s Early Warning for All initiative and the Systematic Observations’ Financing Facility. The Bank is the implementing entity for the Facility in Africa. Speaking yesterday at the United Nation’s Climate Ambition Summit session, Delivering Climate Justice: accelerating ambition and…

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AfDB joins global partners to raise financing for Zambia's Lobito Transportation Corridor

Africa Climate Summit: AfDB’s SEFA welcomes $50 million in new commitments from US & Germany

The African Development Bank’s (www.AfDB.org) Sustainable Energy Fund for Africa (SEFA)  welcomes approximately $50 million in new funding contributions from Germany and the United States. The contributions will serve to boost its position as one of the continent’s leading climate finance facilities. The funding was announced on Tuesday 5 September at a high-level event organised…

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