Amid a looming food crisis, Ethiopia has emerged as an African country that has taken significant steps to achieve self-sufficiency in food production.
With support from the African Development Bank’s agricultural Technologies for African Agricultural Transformation program, Ethiopia has not imported grain in 2022, African Development Bank President Akinwumi Adesina emphasized during a meeting with G7 development ministers meeting on Thursday.

The African Development Bank is pleased to announce the appointment of Ms. Malado Kaba as Director of the Gender, Women and Civil Society Department of the African Development Bank, effective 16th June 2022.

The Stock Exchange of Mauritius (SEM) on Thursday launched a new automated trading system, positioning itself as an attractive multi-currency listing platform capable of offering sophisticated products and services to domestic and international investors. The launch took place at a ceremony in Port Louis, the country’s capital.

Learn more about the African Emergency Food Production Facility.
The African Development Bank Group's Board of Directors on Friday approved a $1.5 billion facility to help African countries avert a looming food crisis.

In 2017, 32-year-old Hamsa Hamidou of Simiri in southwest Niger’s Tillabéry region, was given a cow. Three years later, he sold it and used the money to buy a sheep and ewe. “I fattened them and then sold them. I continued this way and three years later, I had four ewes, three sheep, and a cow,” he says.
Supported by the Programme for Strengthening Resilience to Food and Nutrition Insecurity in the Sahel (P2RS), Hamidou’s small-scale enterprise has allowed him to be financially independent and to meet his family’s needs.

In the early 2010s, Godelive Ngalula, a trader from Kikwit, the main town of Kwilu Province in the Democratic Republic of Congo, spent a week to travel the 350 kilometres (km) to Tshikapa in Kasaï Province and 50,000 Congolese francs (about $24.5) on food. A decade later, the situation has changed. “The trip takes only about a day thanks to the better road. Travel costs have dropped from $80 to $20 and I spend only 2,000 Congolese francs, or $1, on food,” she says happily.

Scaling up sustainable land management and ecosystem restoration have definite economic benefits for African countries, according to experts who took part in a panel discussion as part of the fifteenth Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification. The panel was moderated by the African Development Bank.

The African Development Bank is pleased to announce the appointment of Dr. Daniel Alexander Schroth as Director of the Renewable Energy and Energy Efficiency Department, effective 16 May 2022.
Prior to his appointment, Schroth, a German citizen, served as Acting Director.

The African Development Bank Group’s Board of Directors has approved a $1.5 billion Emergency Food Production Facility to help tackle the global food crisis sparked by the Russian-Ukraine conflict.
The funds will help 20 million African farmers produce an extra 38 million metric tons of food to address growing fears of starvation and food insecurity on the continent.
The Bank, which is Africa’s only AAA-rated financial institution, has consistently maintained this credit rating by all major global credit rating agencies.