Representatives of the African Risk Capacity (ARC) Group and the African Development Bank presented two cheques worth $1.5 million in insurance payouts to the Government of Madagascar and the World Food Programme (WFP) to support the country’s recovery from Tropical Cyclone (TC) Freddy.
The Director of the African Development Bank’s Climate Change and Green Growth Department, Prof. Anthony Nyong, on 25 April in Abidjan, received a delegation from Global Affairs Canada’s Cooperation for Pan-African and Regional Development Program in Cote D’Ivoire.
Digital technologies could offer Africa a great chance to unlock new pathways for rapid, inclusive economic growth and job creation, according to Ambassador Albert Muchanga, the African Union’s Commissioner for Economic Development, Trade, Tourism, Industry and Minerals.
A youth-led agricultural start-up is supporting farmers in climate-vulnerable Cameroon to produce crops sustainably year-round using low-cost greenhouses and solar-powered irrigation.
African Development Bank Group president Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward to working together with him to tackle current global challenges, including climate change.
African Development Bank Group President Akinwumi A. Adesina has called on young university graduates to be instruments of change in a world beset by increasing socio-economic challenges.
The Africa Road Builders Selection Committee has named Madagascar’s President Andry Rajoelina, the winner of the prestigious Babacar Ndiaye Trophy, for his commitment to infrastructure development in the island state.
The average annual GDP (Gross Domestic Product) growth in Africa was 3.4% between 2010 and 2021, according to African Development Bank data. This is well below the targeted yearly average growth of 7%. Combined with population growth, GDP per inhabitant has barely changed.
Transcript of the Regional Economic Outlook on Asia and Pacific Press Briefing
Country Report No. 2023/159
