The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a call to action to African economies to deepen their integration.
The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress of regional integration in Africa. It also helps to assess the level of integration for every Regional Economic Community (REC) and their member countries.Read More
African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the COVID-19 pandemic, delegates at a two-day webinar hosted by the African Development Institute (ADI) urged on Tuesday.
Africa must now, more than ever, develop and implement policies to enhance capacity to compete in the agriculture sector, processing, trade and industry, the speakers said in a clarion call for action.
In an interview with Financial Times journalist Vanessa Kortekaas, African Development Bank President Akinwumi Adesina discusses the overall impact of the COVID-19 pandemic on “the collective humanity” and narrows in on its possible burden for Africa.
Dr. Adesina emphasizes that the outbreak is a global pandemic and that “one death in any part of the world is one death too many.”
For the past five decades, the African Development Bank Group has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution.
The Bank has delivered on its goals of reducing poverty and fostering inclusive growth on the continent. We scaled up development support for our 54 regional member countries and recorded remarkable successes in recent years in our renewed push to help deliver life-changing impact to livelihoods.
This year’s celebration of Africa Day - the annual commemoration of the 1963 founding of the African Union (AU) - is themed ‘Silencing the Guns’, to convey the AU Commission’s advocacy for peace and security as the foundation for socio-economic development.
As the African Development Bank Group joins in a continentwide celebration of Africa Day, it seems fitting to reflect on the institution’s own efforts and its successes in spurring sustainable economic development and social progress across the continent and reducing poverty over the last 56 years.