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Adesina Harps On AfDB’s Partnership With Caribbean Development Bank

(AFRICAN EXAMINER) – President of the African Development Bank (AfDB), Dr. Akinwumi Adesina has expressed his appreciation of the mutually rewarding collaboration between the Bank group and the Caribbean Development Bank’s (CDB). The bank chief said delivering sustainable development, prosperity and improved quality of life for citizens is a mandate the AfDB and the CDB […]

Tax Transparency In Africa Report For Launch On Tuesday

(AFRICAN EXAMINER) – This year’s edition of the Tax Transparency in Africa report has been scheduled for launch on Tuesday in Nairobi, Kenyan. The launch is part of the 11th meeting of the Africa Initiative, slated for 14-16 June in the east African nation. The conference will gather experts from tax administrations, regional and international […]

AfDB To Stake €10m Investment In Joint Reinsurance Company

(AFRICAN EXAMINER) – African Development Bank has signed an agreement to invest in the Joint Reinsurance Company of Member States of Conférence Interafricaine des Marchés d’Assurances (CICA-Re), which is owned by a group of African countries. Under the agreement, the AfDB will take a 6.56-billion FCFA stake (approximately €10 million) in CICA-Re and join its […]

Africa Fertilizer Financing Mechanism Supports Small Holder Farmers In Ghana With $2m Credit

(AFRICAN EXAMINER) – The Africa Fertilizer Financing Mechanism (AFFM), a subsidiary of the African Development Bank (AfDB), has approved a $2 million partial trade credit guarantee to support fertilizer delivery to 200,000 Ghanaian smallholder farmers. The facility which is extended to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in […]

AfDB Raise Climate Disaster Risk Financing In Malawi With $9.25m Grants

(AFRICAN EXAMINER) – African Development Bank (AfDB) has approved two grants of $9.25 million to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Malawi. The move will boost the country’s resilience against climate-related shocks and food insecurity. The funding will support the government of Malawi to develop climate risk management solutions and pay its […]

Initiative Steps Up Biodiversity Conservation In West Africa Forests

(AFRICAN EXAMINER) – Critical Ecosystem Partnership Fund (CEPF) in collaboration with BirdLife and other partners is currently improving the protection and preservation of animal and plant species, habitats, ecosystems found in the Guinean Forests of West Africa (GFWA) Biodiversity Hotspot that stretches across most of West Africa. The CEPF is a joint initiative of the […]

Paris Saint-Germain, Soklin Enter Pact To Gain More Ground In West Africa

(AFRICAN EXAMINER) – Paris Saint-Germain (PSG), a topflight French football club based in Paris has unveiled its partnership with SoKlin, a leading premium detergent in West Africa. The exclusive 3-year regional partnership which will extend to 2025, covers the West African countries of Nigeria, Ghana, Senegal, Ivory Coast, and Mali. SoKlin, a flagship Laundry Care […]

Centre Partners Kogi State Rights Commission On Access To Justice

(AFRICAN EXAMINER) – The Centre for Human Rights, Faculty of Law, University of Pretoria in South Africa has signed a partnership agreement with the Kogi State Office of the Public Defender and Citizens’ Rights Commission (PDCRC), to promote access to justice. The PDCRC is a hybrid institution that provides legal aid for indigent individuals in […]

EIB, Institut Pasteur de Dakar, Sign €75m Deal For Vaccine Manufacturing Facility

(AFRICAN EXAMINER) – European Investment Bank (EIB) and the Institut Pasteur de Dakar have announced the conclusion of a €75 million financing agreement to support the construction of the new MADIBA vaccine manufacturing facility. The Institut Pasteur de Dakar’s new facility is being built in Diamniadio, a town and special economic zone strategically located between […]

German Chancellor Harps On International Collaboration

(AFRICAN EXAMINER) – German Chancellor Olaf Scholz has reiterated the need to deliberately adopt new forms of international collaboration in order achieve better results for the global community. Scholz made the observation while addressing leaders at the World Economic Forum (WEF) in Davos, Switzerland. He said too often, nations don’t look far enough for partners […]

International Press Centre Decries Fresh Attacks On Journalists

(AFRICAN EXAMINER) – International Press Centre (IPC) has expressed concern over the renewed spate of attacks on journalists including those covering the primaries by political parties in Nigeria. lPC is a not-for-profit, non-governmental and independent media resource centre. Though based in south western Nigeria its activities cut across the West African nation. It coordinates activities […]

AfDB Supports Port Project In Morocco With Additional €57m Grant

(AFRICAN EXAMINER) – African Development Bank (AfDB) has approved additional financing of €57 million for construction of the Nador West Med port complex in Morocco. The new financing tranche follows an earlier one of nearly €113 million that the AfDB extended in 2015 to the North African nation. The Nador West Med project entails construction […]

European Investment Bank Announces Launch Of New Fund For Africa

(AFRICAN EXAMINER) – European Investment Bank (EIB), the long-term lending institution of the European Union (EU) has announced the launch of the new European solidarity financing fund for Africa also known as FEFISOL II. FEFISOL II is making its first closing at of €22.5 million, and a technical assistance package of €1 million euros from […]

UN Body Announces New $2m Grant To Tackle Escalating Refugee Crisis in Niger

(AFRICAN EXAMINER) – Education Cannot Wait (ECW), the United Nations (UN) global fund for education in emergencies and protracted crises have announced a new $2 million grant to address insecurity, school closures and escalating refugee crisis in Niger. ECW works through the multilateral system to both increase the speed of responses in crises and connect […]

Janet Jackson, Charlie Wilson To Grace Cincinnati Music Festival

(AFRICAN EXAMINER) – The legendary American female singer, songwriter, actress and dancer, Janet Jackson and R&B singer, songwriter, and producer, Charlie Wilson have been confirmed amongst the line-up of superstars and celebrities that will headline the upcoming edition of Cincinnati Music Festival. The Cincinnati Music Festival is one of America’s oldest and most highly anticipated […]

Ortom Seeks Intervention Of International Community On Nigeria’s Lingering Insurgency

(AFRICAN EXAMINER) – Benue State Governor, Samuel Ortom has appealed to the international community to prevail on the Federal Government to address the unabating acts of terrorism by armed herdsmen in the country without religious or ethnic bias. The governor said at the moment, it appears that the current administration in the Nigeria is unwilling […]

Forum Urges Regional Integration, Mobilization Of Resources For Africa

(AFRICAN EXAMINER) – Stakeholders and heads of Africa’s leading regional and continental bodies have harped on the need to strengthen regional integration and mobilization of resources to fast-track the continent’s development plan, known as Agenda 2063. The charge was given by participants at the roundtable organized by the African Development Bank (AfDB) on the sidelines […]

African Culture Has Become A Global Export -Adesina

(AFRICAN EXAMINER) – President of African Development Bank (AfDB), Dr. Akinwumi Adesina has lauded the increasingly growing influence, diversity and prospects of African arts and culture, saying that it has become a global export. The Bank chief made the observation at an event where Ghana shared its rich cultural legacy with participants during the Bank’s […]

Ethiopia Signs $830k Grant With AfDB To Strengthen Climate Resilience

(AFRICAN EXAMINER) – The Ethiopian Government has signed an $830,000 technical assistance grant agreement with the African Development Bank (AfDB), to improve climate resilience for communities and ecosystems. The funds will help mainstream climate risk management, gender and resilience into economic planning and development in the country’s Ziway-Shallah sub-Basin. The agreement was signed during the […]

More Resources Are Needed For Africa’s Recovery From COVID-19 Pandemic – New Report

(AFRICAN EXAMINER) – More resources are needed to ensure Africa’s recovery from the impacts of COVID-19 pandemic, a new report released on Thursday has said. The report entitled, “Returning Africa to its Development Path”, is published by the African Development Bank (AfDB). Published annually for the past 12 years, the Annual Development Effectiveness Review analyses […]

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