Saturday 25 March 2023

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Davos: A need for debt relief and new economics

Day five of Davos saw concerns raised about economic coercion, mounting debt in developing nations, and a return to talk of a different type of capitalism.

AfDB forges ahead with Adaptation Benefits Mechanism

Flagship programme will serve as a vehicle for financing resilience-building in communities and ecosystems that are vulnerable to climate change.

Germany gives €100m to boost Africa’s renewables transition

Commitment made to AfDB’s Sustainable Fund for Africa following UN dialogue on Energy.

AfDB to map Africa’s hydropower

Major programme to evaluate opportunities and quick wins in hydropower facilities across the continent.  

AfDB President calls for integrity in leadership

Akinwumi A. Adesina stresses need for to tackle corruption and grow the next generation into transformative leaders.

Investor demand growing for Africa’s green transition, says Richard Abel

Managing director of UKCI says time is right for first African renewables yieldco.

Multilateral development banks call for new focus in sub-Saharan Africa

Unanimous call for urgent focus on the private finance sector to help recovery and response after tough 2020.

Nigeria backs $11bn Lagos-Calabar rail link

Government approves major investment to connect the nation’s economic powerhouse to every coastal city in the country.

AfDB gives $118m for irrigation and electricity projects in Ethiopia

Grants given to two projects, one to boost the economy and the other a new Ethiopia-Djibouti energy connection.

Electric vehicles will benefit everyone in Africa

Africa can leapfrog the world by becoming a leading adopter of electric vehicles, especially those on two wheels, says Schneider Electric’s AMEL CHADLI. There’s a...
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