African ministers on Friday outlined the impact that the global food crisis is having on their countries and added their voices to calls for action.

The African Development Bank’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products.

In observation of UN Micro, Small and Medium-sized Enterprises (MSME) Day, today 27 June, we highlight small businesses that are receiving African Development Bank support as they navigate the impacts of the COVID-19 pandemic, food insecurity and the climate crisis. MSMEs are among the hardest hit by these multiple shocks yet play a key role in building Africa's resilience.
 

The African Development Bank and the Tanzanian government have signed a $125.2 million loan agreement for a project that will help address water shortages in three districts in the country’s Dodoma region.
The Dodoma Resilient and Sustainable Water Development and Sanitation Program (Phase I) will benefit more than two million residents in the Bahi, Chemba and Chamwino districts, which have suffered droughts and recorded high population growth.

What:          Leveraging Africa’s green minerals for the energy transition: The role of regional integration and the AfCFTA       
Who:            The African Development Bank
When:          Monday, 11 July 2022; 10:00 GMT
Where:         Virtual via Zoom - REGISTRATION

Chay-a Abdawa is a mother of six and president of the El Wihda cooperative in Nouakchott, Mauritania. El Wihda produces traditional tents known as khaïmas. Once emblematic of Mauritanian culture, the tents have historically been used in nomadic life in the Sahara Desert. Despite an increasing shift away from a nomadic way of life among Mauritanians, the tents are popular with tourists, traders and workers who like to relax in them after a long day of work. "It is our culture, the culture of our people," says the entrepreneur.,

The Board of Directors of the African Development Fund on 24 June approved a technical assistance grant of $2 million to fund research that will contribute to electricity reforms in the Economic Community of West African States (ECOWAS).

Country Report No. 2022/196

IMF Executive Board Completes Second Review Under the Policy Coordination Instrument and Modification of Targets for the Republic of Serbia

Policy Paper No. 2022/031