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>Posts tagged "AfDB"

The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA), and the CGIAR System Organisation have formed an alliance to address rising hunger on the continent.

Last month,  the United Nations Food and Agriculture Organization (FAO) and World Food Programme (WFP) estimated that 34 million people are at risk of starvation globally with the most hotspots in Africa.

“Getting new and appropriate technologies into the hands of African farmers is a key part of addressing Africa’s agriculture and food security needs. Unless we show strong collective resolve and turn ambition into reality, we will be confronted with enormous food shortages on the continent,” African Development Bank President Dr. Akinwumi Adesina said.

“Rapid population growth, urbanization, and ongoing climate change will make this certain. The consequences of not acting would be devastating. Africa has the potential to feed itself and feed the world,” said IFAD President Gilbert Houngbo.

The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA), and the CGIAR System Organisation have formed an alliance to address rising hunger on the continent. Last month,  the United Nations Food and Agriculture Organization (FAO) and World Food Programme (WFP) estimated that 34 million people are at risk of starvation globally with the most hotspots in Africa. “Getting new and appropriate technologies into the hands of African farmers is a key part of addressing Africa’s agriculture and food security needs. Unless we show strong collective resolve and turn ambition

The African Development Bank’s (AfDB) Affirmative Finance Action for Women in Africa (AFAWA) program will unlock up to US$2 billion in loans to women-owned SMEs on the continent. The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has agreed to a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium-Sized Enterprises(SMEs) in Africa, by working with financial institutions to enhance their ability to lend to women. This marks the launch of AFAWA’s Guarantee for Growth (G4G) program, which aims to make available up to US$3 billion

As part of global solidarity towards building sustainable resilience against the effect of climate change in the world, especially in Africa, the African Development Bank has announced a $12.5 billion climate fund to support climate financing in Africa. President of the AfDB, Dr. Akinwumi Adesina, made this announcement at the online International Climate Adaptation Summit (CAS) 2021. The Climate Adaptation Summit (CAS), which is hosted by the Netherlands, is aimed at accelerating, innovating, and scaling-up the world's efforts in adapting the global societies and economies to the inevitable effects of climate change over the coming decade. Dr. Adesina who reemphasized AfDB's commitment

As part of its regional response strategy towards helping countries in the Sahel and Sahara regions mitigate and adapt to climate change; plus, improving food security, the African Development Bank has pledged a $6.5 Billion targeted at boosting the region’s Great Green Wall Initiative. The Great Green Wall initiative is a responds plan which aims to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel to help restore the degraded lands and help the region's inhabitants produce adequate food, create jobs and promote peace in the region. countries targeted by

New Release: The African Economic Congress 2020 Report.