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Tag:African Development Bank (AfDB)

Africa needs $2.7trn to finance climate change by 2030 – Adesina

African Development Bank (AfDB) Group President, Akinwumi Adesina, has said that Africa will need about $2.7 trillion by 2030 to finance climate change. Adesina said...

Stakeholders converge on Sharm El Sheikh for AfDB’s 2023 Annual Meetings

Major stakeholders on the African continent have converged on Sharm El Sheikh, Egypt, for African Development Bank (AfDB) Group’s Annual Meetings. The stakeholders include Central...

AfDB increases commitment to climate finance

The African Development Bank (AfDB) Group has significantly increased its commitment to climate finance since the 2015 United Nations (UN) Climate Change Conference (COP21)...

African governments should explore natural capital to finance SDGs – AfDB

Africa must use all its comparative advantages to mobilise the resources it needs to finance its sustainable development ambitions. The African Development Bank (AfDB) Group...

Africa, solution to Europe, Asia’s energy needs – AfDB

African Development Bank (AfDB) says Africa’s natural gas reserves have become a new major source of gas supplies to Europe and Asia. Dr Akinwumi A....

AfDB, EU, France invest $300m in Tanzania’s hydropower project

The government of Tanzania, the African Development Bank (AfDB), and the French Development Agency (AFD) have signed agreements for two development project loans worth...

AfDB boss calls for action to reduce world dependence on fossil fuel

African Development Bank (AfDB) Group President, Dr Akinwunmi Adesina, says urgent action is needed to reduce the world’s dependence on fossil fuels and harness...

Nigeria can build climate-resilient economy – AfDB report

The African Development Bank (AfDB) says Nigeria can build a climate-resilient economy by adopting climate-smart agricultural practices. The bank said this in its “Country Focus Report 2022...

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9,000 Niger Delta youths train as entrepreneurs in Shell LiveWIRE programme

A total of 9,000 youths in the Niger Delta have acquired entrepreneurial skills in the LiveWIRE programme of The...
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COP29 deal: Not most ambitious outcome, but provides a base on which to build – Guterres

In his COP29 closing statement, UN Secretary-General, António Guterres, says he had hoped for a more ambitious outcome, but...

COP29 agrees to triple public finance to developing countries, protecting lives and livelihoods 

The UN Climate Change Conference (COP29) closed on Sunday, November 24, 2024, with a new finance goal to help...

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9,000 Niger Delta youths train as entrepreneurs in Shell LiveWIRE programme

A total of 9,000 youths in the Niger Delta...

COP29 deal: Not most ambitious outcome, but provides a base on which to build – Guterres

In his COP29 closing statement, UN Secretary-General, António Guterres,...
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