Download logo The Sustainable Energy Fund for Africa (SEFA) has extended a $1 million grant to help accelerate African countries’ transition to flexible green
Africa’s underinvested youth are in need of urgent attention and youth entrepreneurship investment banks must become the focus of global support, the African Development Bank (www.AfDB.org) head Dr. Akinwumi A. Adesina said Monday in a discussion on scaling up financing for the continent’s youth.
Adesina was speaking at a virtual roundtable at which he presented a novel concept for youth entrepreneurship investment banks. The roundtable, organized by the African Development Bank, came a day ahead of the Summit on Financing African Economies convened by President Emmanuel Macron.
Spanish Foreign Minister Arancha González Laya, Jean-Michel Severino, CEO of Investisseurs et Partenaires; Ashish J. Thakkar, CEO of Mara Phones; Yana Kakar Global Managing Partner Emeritus at Dalberg Advisors; Yvonne Otieno, CEO, Miyonga Fresh Greens, and other representatives of the private sector joined in the meeting.
Ethiopia: African Development Fund provides $31.2 million to boost nutrition and end child stunting
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The Board of Directors of the African Development Fund has approved a grant of $31.2 million to the Government of Ethiopia to increase access to multi-sectoral nutritional services for children under-five years, by boosting access to services for improved health, a more diverse and nutritious food, and improving knowledge, attitude and practices on feeding, care and hygiene. The Multi-sectoral Approach for Stunting Reduction Project (MASReP) will target forty districts or woredas in the country’s Amhara and Tigray regions.
The project, with a total cost of $48 million, has three programmatic components: climate-proofed infrastructure development for effective service delivery; livelihood support, production and promotion of nutritious foods; and strengthening institutional systems and capacity building.
Download logo The African Development Bank Group (www.AfDB.org), on 28 April 2021, announces the 36 month debarment of Maxicare Company (Nigeria) Limited with
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