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EIB, IFAD Seal €350m Deal To Strengthen Food Security, Climate Adaption In Africa

(AFRICAN DXAMINER) – The European Investment Bank (EIB) and the United Nations (UN) International Fund for Agricultural Development (IFAD) have signed two agreements to further strengthen their cooperation in low- and middle-income countries worldwide, with a particular focus on Africa. EIB is the long-term lending institution of the European Union (EU), owned by its Member […]

African Faces Annual GDP Shortfall Of $127.2bn By 2030 – AfDB

(AFRICAN EXAMINER) – African Development Bank (AfDB) says the African continent faces an annual GDP shortfall that could exceed 127.2 billion dollars by 2030. It stated on Friday that the shortfall would occur if current trends in climate finance flow into Africa continued. “Africa may lose as much as 12 per cent of GDP by […]

AfDB Has Mobilized $2.3bn To Finance Water Projects in Africa – Adesina

(AFRICAN EXAMINER) – President of African Development Bank (AfDB) Group, Dr. Akinwumi Adesina has said that the bank has successfully mobilized over $2 billion to finance its water pillar projects in Africa. Dr. Adesina disclosed this during his visit to Egypt where was warmly received by the Egyptian leader Abdel Fattah El-Sisi.  He was in […]

Africa’s Energy Transition Would Require $100b Annually – Adesina

(AFRICAN EXAMINER) – President of African Development Bank (AfDB) Group, Dr. Akinwumi Adesina has said that Africa’s energy transition would require an estimated $100 billion annually between 2020 and 2040. Dr. Adesina noted made the observation while speaking at the Berlin Energy Transition Dialogue, hosted by the German government. The annual Berlin Energy Transition Dialogue […]

US Govt Expresses Support For African Business Women Leaders

(AFRICAN EXAMINER) – The United States Government has expressed its support for business women leaders in Africa with a view to encouraging them to grow and attain greater heights. U.S. Ambassador to Cote d’Ivoire Jessica Davis disclosed this while speaking as special guest at a special evening session, hosted by the African Investment Forum (AIF) […]

2 Liberian Officials Charged For Raping Teenagers In Busan

(AFRICAN EXAMINER) – Prosecutors have sought nine-year prison terms for two Liberian government officials charged with raping  two South Korean teenage girls while visiting the port city of Busan to attend an international event. Sources said this on Tuesday. The two in their 50s and 30s, respectively, were charged with enticing two female middle school […]

Dozens Killed In Burkina Faso Airstrikes Targeting Rebels

(AFRICAN EXAMINER) – At least 110 terrorists were killed in Burkina Faso within a few days as the government targeted rebel groups in the north and the south of the West African country with airstrikes. An army spokesperson confirmed the offensive without saying how many people have been killed so far. In the north of […]

Climate Investment Funds Parley Holds On Monday In Côte d’Ivoire

(AFRICAN EXAMINER) – The Climate Investment Funds (CIF), the Government of Côte d’Ivoire, and the African Development Bank (AfDB) Group will on Monday hold a hybrid session to promote knowledge-sharing and to broker lessons from 15 years of CIF’s interventions in Africa. The CIF was established in 2008 following a multi-stakeholder design process. It embodies […]

Experts Seek Equitable Access To Clean Water, Sanitation Services Across Africa

(AFRICAN EXAMINER) – Stakeholders and experts in the water sector have harped on the need to ensure equitable access to clean water and sanitation services, particularly in rural communities across Africa. This observation was made at a panel session on the sidelines of the 21st International Congress of the African Water Association (AfWA) and 7th […]

Confab Offers Panacea For Resource Curse Syndrome In Africa Countries

(AFRICAN EXAMINER) – Participants at the just concluded workshop on harnessing Africa’s abundant natural resources, have proffered wide-ranging recommendations to overcome the problems militating against resource-rich countries in the continent. Such impediments which have been popularly tagged as “resource curse sydrome”, has denied resource-rich nations, including those in Africa, the chance of enjoying the benefits […]

EIB Backs New €540m Business Financing In Tanzania

(AFRICAN EXAMINER) – New investment by companies across Tanzania will benefit from €540 million (TSh 1.3 trillion) of new financing backed by the European Investment Bank (EIB), Cooperative and Rural Development Bank CRDB, NMB Bank Plc and KCB-Tanzania. This was disclosed at the European Union (EU)-Tanzania Forum held in Dar es Salaam earlier today. This […]

UN Rights Official Urges Dr Congo To Stop ‘Appalling’ Violence

(AFRICAN EXAMINER) –  A top UN human rights official, Ms Ilze Kehris, has called on authorities in the Democratic Republic of the Congo (DRC) to redouble efforts at promoting intercommunal trust amid series of deadly attacks targeting civilians. Kehris, the UN Assistant Secretary-General for Human Rights, made the call after concluding a 10-day visit to […]

Lesotho Monarch Urges More Investments To Boost Food Security In Africa

(AFRICAN EXAMINER) – His Majesty, King Letsie III of the Kingdom of Lesotho has harped on the need for African nations to accelerate investments and improve the coordination of efforts geared toward strengthening food security. The monarch made the observation in his remarks at a side event during the 36th Ordinary Session of the Assembly […]

Germany Announces New Initiative To Improve Labour Migration In Ghana

(AFRICAN EXAMINER) – The German Government has announced its proposed new initiative be launched in Ghana which is aimed at improving skilled migration. German Cabinet minister of Labour, Hubertus Heil and his colleague, the Minister of Development, Svenja Schulze disclosed this on Tuesday during a visit to West Africa. Their two ministries said the German […]

Experts Set Agenda For Inclusive Growth, Sustainable Development In Africa

(AFRICAN EXAMINER) – Economic experts, leaders and stakeholders at the just concluded 36th African Union (AU) Summit in Addis Ababa, have set a new benchmark for inclusive growth and sustainable development in Africa. Examining an ongoing study of key factors underlying development in Africa on Friday during the session, organized by the AU Commission and the […]

Congo Opposition Parties Say Voter Registration Skewed To Favour Ruling Coalition

(AFRICAN EXAMINER) –  Some opposition candidates in Democratic Republic of Congo have raised the alarm over delays and alleged irregularities in a voter registration drive that they say is being conducted to their disadvantage ahead of a general election in December. Over 50 million Congolese voters are meant to be registered by March 17, but […]

AfDB Harps On Partnership For Sustainable Development In Africa

(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has reiterated the importance of partnerships in driving sustainable development in Africa. AfDB Vice President of Infrastructure, Private Sector and Industrialization, Solomon Quaynor made the observation while speaking at the signing ceremony of a joint partnership action plan by the AfDB Group and the Islamic Development Bank (IsDB), […]

Nigeria Ready To Host Secretariat Of Sahel Climate Fund–Buhari

(AFRICAN EXAMINER) – President Muhammadu Buhari Friday in Addis Ababa, Ethiopia, pledged that Nigeria was ready to host the Secretariat of the Sahel Climate Fund, including equipping and provision of accommodation to the top management staff of the fund.  The “Sahel Climate Fund” is the financial body of the Sahel Region Climate Commission (SRCC).  The […]

AfDB Inaugurates Second Coding For Employment Centre In Kenya

(AFRICAN EXAMINER) – The African Development Bank (AfDB) Group has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi, Kenya. This marks an important milestone for the Bank’s Coding for Employment programme and its growing partnerships with higher education and technical and vocational education and training […]

EU Renews Pledge To Support Socio-economic Reforms In Tunisia

(AFRICAN EXAMINER) – European Union (EU) has reaffirmed its commitment to supporting the implementation of socio-economic reforms in Tunisia in order to enable the north African nation, achieve its targets. The EU said Tunisia is undergoing a delicate transitional phase and grappling with difficult political and economic challenges. EU High Representative for Foreign Affairs and […]

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