The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria.
This fourth round of financing of $54.8 million will benefit almost 69,000 women entrepreneurs in developing economies with access to digital technology and finance.

The newest digital training centres of the African Development Bank’s Coding for Employment program will set aside half of their initial training slots to women applicants, the Bank said on International Girls in Information and Communication Technology (ICT) Day.
The Coding for Employment program, which equips African youth with the digital skills they need to contribute meaningfully to the global digital economy, is part of a foundational pipeline for girls and young women to pursue science and technology-related careers.

The head of the African Development Bank, Dr. Akinwumi Adesina, met with Nigerian President Muhammadu Buhari in Abuja on Tuesday to discuss the impact of the Russia-Ukraine war and the Bank’s strategy to avoid a food crisis in Africa.

US Treasury Secretary Janet Yellen hosted G-7 Ministers and heads of multilateral development banks on Tuesday. The high-level virtual roundtable event to discuss scaling up of infrastructure financing—organized in the context of President Biden’s Building Back a Better World plan—was moderated by US Assistant Secretary for International Trade and Development Alexia Latortue.

Your Excellency, Mr. President, I wish to thank you very much for granting me audience to meet with you today.
I am here Mr. President to brief you on the impacts of the Russian-Ukraine war and its implications for food security in Africa, and Nigeria; and to intimate you with decisive actions being taken by the African Development Bank to avert what is a looming food crisis.

Dans le hall du nouveau terminal de l’aéroport de Fès-Saiss, les premières lueurs de l’aube filtrent à travers de larges baies vitrées, qui rappellent les élégants « moucharabiehs », subtil mélange entre la tradition architecturale du Royaume chérifien et un art plus contemporain.,

The President of the African Development Bank Group, Akinwumi Adesina, concluded a three-day official visit to Washington, DC on Saturday. During his visit, he met with the African Union's Group of 15 Finance Ministers (F15), where Adesina outlined the continent's immediate challenges and the solutions being applied to tackle them successfully. Top of Adesina’s list was a plan for massive food production in the face of a looming global food crisis caused by the Russian war in Ukraine war, and the need for a more flexible and substantial replenishment of the African Development Fund.

In a quest to improve healthcare infrastructure and local capacity in Tanzania, the African Development Fund has financed a new Tanzanian Center of Excellence for Cardiovascular Science. This state-of-the-art facility at the Muhimbili University of Health and Allied Sciences has been a welcome response to the rising number of cases of cardiovascular diseases that the country has been combatting in recent years. The center has a goal to train medical staff in cardiovascular disease prevention, disease treatment and rehabilitation of patients touched by cardiovascular diseases.

The main objective of the technical assistance (TA) was to accelerate the penetration of renewable energy in the Central Energy System (CES) in Mongolia by assessing the status and supply–demand projection of electricity and heat in the CES, identifying innovative energy storage technologies, assessing the market potential for energy storage, and developing an energy storage deployment strategy. This project was expected to lead to increased renewable energy capacity in Mongolia.
This report validates the completion report's assessment of the technical assistance.