Politicians must no longer manage Africa’s natural resources unilaterally, say experts

Politicians must no longer manage Africa’s natural resources unilaterally, say experts: 11/12/2017 - On Day 1 of the 12th African Economic Conference, which began on December 4, 2017 in Addis Ababa (Ethiopia), experts from Africa called for the inclusive management of the continent’s natural resources, where there is a high level of inequality, during the third plenary session entitled “Inclusive resource governance as a driver of structural transformation”. They asked political leaders to stop making decisions alone.

African Economic Conference: Should Africa be inspired by China’s industrial development?

African Economic Conference: Should Africa be inspired by China’s industrial development?: 11/12/2017 - Africa, which struggles to boost its industrial sector, has decided to seek inspiration from the Chinese model. Several African delegations were eager to attend the fifth and final plenary session of the 12th African Economic Conference (AEC) in Addis Ababa, Ethiopia. The theme of the session was “Institutions, competitiveness and industrial policy in the age of global value chains: lessons from China”.

Martha Phiri, Bank Group’s Country Manager to Rwanda, presents her Letters of Accreditation

Martha Phiri, Bank Group’s Country Manager to Rwanda, presents her Letters of Accreditation: 10/01/2018 - The African Development Bank Group’s newly appointed Country Manager to Rwanda, Martha Phiri, on January 8, 2018, presented her Letters of Accreditation to Olivier J.P. Nduhungirehe, Rwanda’s Minister of State at the Ministry of Foreign Affairs, Cooperation and East African Community.

Tunisian businesswoman Ouided Bouchamaoui makes a bold case for African cooperation

Tunisian businesswoman Ouided Bouchamaoui makes a bold case for African cooperation: 25/01/2018 - “It is not aid that will help Africa to develop.” Ouided Bouchamaoui, former President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA), made a spirited call for African cooperation in Abidjan, Côte d'Ivoire, on Monday, January 22, 2018.

Science, technology and innovation policies must be inclusive, with women and girls at the centre

Science, technology and innovation policies must be inclusive, with women and girls at the centre: 09/02/2018 - On the occasion of the International Day of Women and Girls in Science, the African Development Bank calls on African countries to make science, technology and innovation (STI) policies inclusive and to place women and girls at the centre of STI programmes. Celebrated each year on February 11, the International Day of Women and Girls in Science was adopted by the United Nations General Assembly to promote full and equal access to and participation in science for women and girls. The day is a reminder that women and girls play a critical role in science and technology communities and that their participation should be strengthened.

Strengthening Regional Collaboration on STI, Education & Research Networks in Africa

Strengthening Regional Collaboration on STI, Education & Research Networks in Africa: 16/02/2018 - Scientific Research and Technology are expected to play a huge role in development and industrialization in the coming years. They are strategic to Africa's industrialization and can enable the continent to leapfrog to the fourth industrial revolution.

African Development Bank and Mozambique sign US$ 29 million grant agreements to finance agriculture and skills acquisition projects

African Development Bank and Mozambique sign US$ 29 million grant agreements to finance agriculture and skills acquisition projects: 23/02/2018 - On Wednesday, 21 February 2018, the African Development Bank and the Government of Mozambique signed grant agreements for two operations totaling US$ 29 million.

Adesina urges America to support African agriculture as a business

Adesina urges America to support African agriculture as a business: 22/02/2018 - The President of the African Development Bank, Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa's agriculture potential.

African Development Bank President briefs diplomatic corps in Côte d’Ivoire on progress and perspectives for Africa’s development

African Development Bank President briefs diplomatic corps in Côte d’Ivoire on progress and perspectives for Africa’s development: 07/02/2018 - The President of the African Development Bank Group, Akinwumi Adesina, hosted the annual luncheon of diplomats accredited to Côte d’Ivoire in Abidjan on Tuesday with an appeal on the Bank’s member countries to contribute to the 7th General Capital Increase to enable the institution to realise its development objectives.

Speech Delivered by Dr. Akinwumi A. Adesina, President of the African Development Bank on the occasion of the 2018 Diplomatic Luncheon - Abidjan, Côte d'Ivoire - February 6, 2018

Speech Delivered by Dr. Akinwumi A. Adesina, President of the African Development Bank on the occasion of the 2018 Diplomatic Luncheon - Abidjan, Côte d'Ivoire - February 6, 2018: 06/02/2018 - Thank you for doing us the honour of attending our annual Luncheon gathering. It is a great privilege to welcome you on behalf of the Board of Directors, management and staff of the African Development Bank Group.

Hope rises for Single African Air Transport Market as 30th AU Summit kicks off in Addis Ababa

Hope rises for Single African Air Transport Market as 30th AU Summit kicks off in Addis Ababa: 29/01/2018 - The 30th Ordinary Session of the Assembly of the African Union kicked off on Saturday in Addis Ababa, Ethiopia, attended by the President of the African Development Bank, Akinwumi Adesina, alongside African Heads of State.

African leaders commit to overcome malnutrition, elevate nutrition as driver for economic growth

African leaders commit to overcome malnutrition, elevate nutrition as driver for economic growth: 29/01/2018 - African leaders on Monday made a landmark commitment to remove nutrition-related barriers that prevent children and societies from realising their full potential. The leaders made the commitments at the launch of African Leaders for Nutrition (ALN) − an initiative championed by the African Development Bank and the African Union Commission – in Addis Ababa, where they agreed to jointly overcome malnutrition and elevate nutrition as driver for economic growth and sustainable development.

Malaria is bad for business, invest in the local manufacturing of low-cost generic medicines, President Adesina tells African leaders

Malaria is bad for business, invest in the local manufacturing of low-cost generic medicines, President Adesina tells African leaders: 29/01/2018 - Malaria is bad for business. For this reason, Africa should invest in the local manufacturing of low-cost generic medicines to facilitate access to treatment for its people, the President of the African Development Bank, Akinwumi Adesina, told African Leaders in Addis Ababa on Sunday.

Nigeria makes formal request to host African Development Bank’s regional hub

Nigeria makes formal request to host African Development Bank’s regional hub: 19/01/2018 - Counting on its position as the largest shareholder of the Bank since inception, the Government of Nigeria has made a formal request to the African Development Bank to host its regional office in Abuja.

President Adesina to participate in the 30th AU Summit in Addis Ababa

President Adesina to participate in the 30th AU Summit in Addis Ababa: The President of the African Development Bank, Akinwumi Adesina, will join delegates at the 30th Ordinary Session of the Assembly of the Heads of State and Government of the African Union to explore strategies for winning the war against corruption.

Nigeria makes formal request to host African Development Bank’s regional hub

Nigeria makes formal request to host African Development Bank’s regional hub: 19/01/2018 - Counting on its position as the largest shareholder of the Bank since inception, the Government of Nigeria has made a formal request to the African Development Bank to host its regional office in Abuja.

“African Development Bank’s lifeline lifted Nigeria out of recession”: Buhari

“African Development Bank’s lifeline lifted Nigeria out of recession”: Buhari: 19/01/2018 - The African Development Bank provided a much-needed lifeline at a time when it was very difficult to secure budget support loans from anywhere else, as the country struggled with the 2015-2016 economic recession, the Nigerian Government has said.

Akinwumi Adesina receives accolade of highest honour of the Republic of Liberia

Akinwumi Adesina receives accolade of highest honour of the Republic of Liberia: 16/01/2018 - Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 15, received the Order of the Star of Africa with the Grade of Grand Band of the Republic of Liberia, during an investiture ceremony hosted by Liberian Head of State, Ellen Johnson Sirleaf, at the C. Cecil Dennis Auditorium of the Ministry of Foreign Affairs, in Monrovia, Liberia.

African Development Bank President to Participate in High-Level Panel on International Migration in Africa

African Development Bank President to Participate in High-Level Panel on International Migration in Africa: 14/01/2018 - The President of Liberia, Ellen Johnson Sirleaf, will host the inaugural meeting of the High-Level Panel on International Migration in Africa (HLPM), in Monrovia on Monday, January 15, 2018. Participants include the President of the African Development Bank, Akinwumi Adesina, and the Executive Secretary of the United Nations Economic Commission for Africa, Vera Songwe.

Nigeria consolidates position as African Development Bank’s largest shareholder

Nigeria consolidates position as African Development Bank’s largest shareholder: 14/01/2018 - Nigeria’s President, Muhammadu Buhari, will commission the new office complex of the African Development Bank in Abuja on January 18, 2018, consolidating the country’s position as the Bank’s largest shareholder.

WE CAN STAMP OUT FGM BY 2030-BOLANLE AMBODE

By Temitope Musowo

Wife of the governor of Lagos State, Mrs. Bolanle Ambode, has expressed optimism that Female Genital Mutilation could be stamped out of Africa by 2030, if all individual and institutional stakeholders worked together towards achieving that purpose.

She said this at Alausa, Ikeja, in comments to reporters, on the occasion of this year’s International Day of zero Tolerance for Female Genital Mutilation, FGM.

Mrs. Ambode noted that, although the practice was well entrenched in the continent, with some countries recording up to ninety per cent prevalence among girls and women, the situation was not hopeless if the current advocacy was sustained or increased.

According to her, ‘The pace of penetration of awareness seems slow because the practice is an ancient one, deeply rooted in our various cultures but that does not make our efforts fruitless. 

Though progress may be slow, we are going somewhere as rural women, mothers and young girls, are becoming aware of the severe health implications of the barbaric practice’. 

‘Few years ago, many women, even some educated ones, saw it as a normal and socially acceptable practice but the story is fast changing, as awareness is getting mileage and rural women are now campaigning against it’, she declared.

The governor’s wife implored governments to fight the practice with direct legislations, in the manner they are doing with some wicked anti-female practices. 

She reminded everyone that FGM constituted an extreme form of discrimination against women and girls, directly violating their rights to health, security and physical integrity, wondering why women should be subjected to such life-threatening dehumanization.

She contended that mothers, fathers and NGOs, must continue to voice their concern and governments must put in place the right statutes, for total eradication of the practice in our country and the continent by 2030.  

 

February 6 every year, was set aside by the United Nations, as the International Day of zero Tolerance for Female Genital Mutilation across the world.