Joe Biden Talk Tough on US Denounces Chinese Sanctions On Trump Officials

WASHINGTHON/Nigeria: Joe Biden’s administration on Thursday slammed China’s “cynical” move on the new US president’s inauguration day to sanction nearly 30 officials from Donald Trump’s outgoing government, including his secretary of state Mike Pompeo. According to Beijing, “some anti-China politicians in the United States, out of their selfish political interests and prejudice and hatred against China… have planned, promoted and executed a series of crazy movies.” As a result, China decided to sanction 28 people “who have seriously violated China’s sovereignty,” the foreign ministry said in a statement. The officials…

AFRICA FREE TRADE AGREEMENT: President Adesina Receives Award For Strong Leadership And Support

ABIDJAN/Ivory Coast:  African Development Bank President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA) process. The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected to speed up the recovery of the continent and enhance its resilience by increasing the level of intra-African trade in goods and services. The award was organised by AeTrade Group in collaboration with the African Union Commission, the…

The African Development Bank Grants $11.26 Million For Women And Girls’ Education

ABIDJAN/Ivory Coast:  The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project– the first Bank grant exclusively targeting women and girls. The project will be financed from the Bank’s Transition Support Facility and will be implemented over a five-year period by the Chadian Ministry of National Education and Civic Promotion, in coordination with partners involved in the education sector, civil society organisations, and youth organisations. The Chadian government will contribute…

Akinwumi Adesina, Three Others Win Academy Of Public Health’s 2020 Top Distinguished Fellowship Award

ABIDJAN/Ivory Coast: The Academy of Public Health, the flagship body of the West African Institute of Public Health, has named African Development Bank Group, President Akinwumi Adesina and three other eminent persons as winners of its 2020 Distinguished Fellowship Award. Adesina, World Health Organisation(WHO)’s Tedros Ghebreyesus, Leith Greenslade of JustActions and Winnie Byanyima of the Joint United Nations Programme on HIV/AIDS, were nominated by young public health professionals across Africa for their demonstrated leadership in working to ensure equity, better health and wellbeing for all. The four have been recognized…

IAEA and African Energy Chamber Encourage Implementation Of Nuclear Derived Technologies In Africa

JOHANNESBURG/South Africa:  The African Energy Chamber met with the Director-General of the International Atomic Energy Agency (IAEA), Rafael Grossi to discuss the implementation of Human Development Application Of Nuclear Technology in Africa through appealing to private sector participation in the initiative. Forming part of its sustainable development goals, the initiative focuses on research and development, monitoring, diagnosis, treatment, capacity building, knowledge sharing and education in key areas including the fight against women’s cancers, increasing food security and agricultural development, preventing and combating zoonotic diseases and addressing climate change. In pursuing…

AfDB, 11 Leading Multilateral Development Banks, IMF Launch First Joint Report On Financing The Sustainable Development Goals

ABIDJAN/Ivory Coast:  The African Development Bank joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) on Thursday in launching a first-ever joint report on financing the Sustainable Development Goals (SDGs). The launch took place during a virtual ceremony attended by the heads of the institutions. The report is released at the end of a critical year, with the COVID-19 pandemic threatening to reverse progress on the SDGs. In response, MDBs have collectively mobilized a global response package of $230 billion between 2020 and 2021,…

Food Security, Agriculture, AfCFTA, Crucial for Africa’s Post-COVID-19 Recovery – African Economic Conference

ABIDJAN/Ivory Coast: “The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration,” African Development Bank,  Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, said during a news conference on the opening day of the African Economic Conference 2020. “We see this as an area that needs particular support, an area of opportunity going forward to increase inter-regional integration and to increase resilience against external shocks,” Morsy noted. The African Development Bank has provided much-needed financial and…

Pearson PTE To Launch Secure English Language Testing in Nigeria

LAGOS/Nigeria: Pearson the world’s learning company, hosted a virtual launch of its PTE Secure English Language Test (SELT) in Nigeria. These tests have been approved by the UK Home Office and are used for UK Visas & Immigration (UKVI) purposes. SVP for English Assessment at Pearson, Freya Thomas Monk, says these tests offer a fast, fair and convenient choice for anyone who wishes to work, study or come to live in the UK. Monk is excited about launching this product in the African continent and believes that this test will help…

COVID-19 Is A ‘Wake-Up Command’ To Address Africa’s Challenges – Tony Blair

ABIDJAN/Ivory Coast: The COVID-19 pandemic has exposed the challenges and opportunities of Africa’s development landscape, former British Prime Minister Tony Blair said on Monday in a lecture organized by the African Development Institute in Abidjan. “We have the same problems but what we also have is vastly increased urgency…not so much a wake-up call but a wake-up command,” Blair said. The former UK prime minister addressed a virtual audience on the topic Building Back Better in Post COVID-19 Africa: The Role of Technology and Governance, as part of the Kofi…

African Development Bank, Partners, Agree To Strengthen Commitment to Gender Equality

ABIDJAN/Ivory Coast:  Under the theme “Development Banks as Actors for Change towards Gender Equality,” the African Development Bank’s Director for Gender, Women and Civil Society, Vanessa Moungar, joined high-level representatives from global financial institutions, the Green Climate Fund (GCF) and UN Women in signing a joint declaration on gender equality to strengthen their commitment at all levels. The declaration was one highlight of a Finance in Common summit panel, hosted virtually by Agence Française de Développement (AFD) during the Paris Peace Forum on 12 November. Panel organizers said gender inequality…