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The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing water security and the transformation of water assets to foster sustainable, green and inclusive economic growth in regional member countries.
“This new policy on water provides a general framework for the African Development Bank Group to expand its role as the continent’s partner promoting the integrated development and management of Africa’s water sector for inclusive and sustainable growth in Africa,” said Atsuko Toda, the Bank’s Acting Vice President for Agriculture, Human and Social Development.
The policy aims to promote Africa-wide attainment of a minimum platform of water security, with a special focus on areas of fragility, as well as assist African countries and sub-regional groups harness and sustain water resources productivity potential to support development.
Food and Agricultural Organisation (FAO) and the Arab Bank for Economic Development in Africa (BADEA) sealed a memorandum of understanding for future collaboration to promote agricultural infrastructure development and skills training for women and youth.
The agreement will also advance climate-smart agriculture in Africa.
FAO Director-General, Qu Dongyu and BADEA Director-General Sidi Ould Tah signed the agreement on 29 April in a virtual ceremony during a high-level dialogue organized by the African Development Bank and the International Fund for Agricultural Development, in partnership with the Forum for Agricultural Research in Africa and the CGIAR global partnership.
”Africa is a top priority for FAO,” said Qu Dongyu. With this agreement, “we want to modernise Africa’s agriculture, and make it more efficient, more inclusive and more sustainable,” he added.
AfDB to boost water security in the Greater Horn of Africa
AfDB to boost water security in the Greater Horn of Africa
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The African Development Bank (AfDB) and the Intergovernmental Authority on Development (IGAD), held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to growing water stress.
The virtual discussion was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility. The event was underpinned by several studies indicating that pressures on water supplies will continue to mount in the coming decades as a result of demographic change, urbanization, environmental degradation, stoking demand for food, energy and land.