African Development Bank
Total 21 Posts
African countries must eradicate all forms of “leakages” in public finances and pursue an all-out effort to harness digital technologies to propel the continent into the fourth industrial revolution and into a future that is far more resilient to economic shocks.
The African Development Bank Group is assisting Mozambique to recover from infrasture damage caused by recent cyclones. AfDB has funded the purchase of 26 bridges in Mozambique under the Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Program.
Rural electrification was hailed as a game-changer in improving the livelihoods of people in rural areas of Kenya. It didn't go as planned because for people to use electricity, there needs to be some form of economic empowerment.
Power cuts continued to plague some African countries. There has been no progress in expanding national electricity grids in most African countries since 2016.
“Coding must be compulsory, at all levels. The currency of the future is going to be coding…We must democratize technology,” - Akinwumi Adesina, President of AfDB.