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President of the Republic of Kenya
Source: President of the Republic of Kenya |

Kenya is Open for Trade and Investment, President Ruto tells American Investors

The country has undertaken radical, but attractive transformation measures in the trade and investment regime, including creating Special Economic Zones

Kenya is offering robust opportunities for trade and investments to local and global companies and businesses, President William Ruto has said. He said the country has undertaken radical, but attractive transformation measures in the trade and investment regime, including creating Special Economic Zones. “All major brands in need of an…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

Placing Farmers at the Core of Development Efforts is important to Achieve Food Security

In an event at the 10th African Regional Forum on Sustainable Development (ARFSD) held in Addis Ababa, a clarion call has been issued to policymakers to center their policies around the needs of farmers and enhance access to funding in the agricultural sector

As Africa races against time to meet the Sustainable Development Goals (SDGs) by 2030 and the Malabo Commitments to end hunger by 2025, the continent faces formidable challenges aggravated by climate change, inflation, and regional conflicts. The urgency to reevaluate financing mechanisms is increasingly recognized, with a growing emphasis on…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

United Nations Economic Commission for Africa (ECA) urges African countries to adopt technological solutions to monitor their development strategies

ECA developed the Integrated Planning and Reporting Tool (IPRT), a web-based tool designed to enhance the effectiveness of planning

To bolster national planning activities, policymakers have been urged to embrace digital tools to foster greater transparency, efficiency, and effectiveness.  The call to action was made during the meeting on "Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of Multiple Crises", which took place as a side event…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

Development planning is a key transformative tool to strengthen resilience and sustainable development in Africa

The aim is to strengthen the capacity of planning entities to design and implement integrated planning systems and strategies for the attainment of the SDGs and Agenda 2063 is imperative

African countries should effectively deploy development planning as a transformative tool to strengthen resilience and sustainable development in an era of unrelenting crises, according to panelists at a side event on development planning titled “Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Convenes West African Epidemiology Network on Drug Use (WENDU) Workshop to Validate Data and Address Regional Drug Abuse Challenges, Affirms Support for Sierra Leone

The workshop aims to foster an environment of enhanced cooperation and improved data quality and access, enabling ECOWAS to develop informed policies

The Economic Community of West African States (ECOWAS) has inaugurated a three-day workshop from April 23rd to 25th, 2024, focusing on the West African Epidemiology Network on Drug Use (WENDU). While the workshop primarily aims to validate the WENDU 2023 data and strengthen regional responses to drug abuse challenges, it…

President of the Republic of Kenya
Source: President of the Republic of Kenya |

President Ruto: Kenya’s Industrial Growth Trajectory is on Track

The Government had invested heavily in similar economic zones across the country

Kenya’s journey to becoming a global industrial powerhouse is on course, President William Ruto has said. He cited the current robust investor confidence, saying it is attracting substantial foreign and local investments and elevating the country’s industrial agenda. “Our Special Economic Zone programme is coming of age, vindicating its driving…

Ministry of Foreign Affairs of Japan
Source: Ministry of Foreign Affairs of Japan |

Diplomatic Missions of the Economic Community of West African States (ECOWAS) to Japan paid a courtesy call on Minister KAMIKAWA Yoko

Japan will continue to emphasize dialogue with each country and work closely with ECOWAS countries, both bilaterally and internationally, including at TICAD, in cooperation with the business community

On Wednesday, April 24, for about 50 minutes from 4:30 p.m., Minister for Foreign Affairs Ms. KAMIKAWA Yoko received a courtesy call from the Diplomatic Missions of the Economic Community of West African States (ECOWAS) to Japan. At the outset, Minister Kamikawa paid tribute to the ECOWAS diplomatic missions for…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (6)
    • The Bank played a key role in linking Cameroon and Nigeria through the Bamenda-Enugu road construction project
    • The building of the Cross River bridge, opened in October 2022
    • Marie-Laure Akin-Olugbade, the African Development Bank’s Vice-President for the Regional Development, Integration and Business Delivery Complex, meets with Joseph Dion Ngute, Prime Minister of Cameroon
    • Marie-Laure Akin-Olugbade, the African Development Bank’s Vice-President for the Regional Development, Integration and Business Delivery Complex, met Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning and Regional Development
    • Louis-Paul Motaze, Finance Minister
    • Meeting with Cameroon's principal technical and financial partners
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Source: African Development Bank Group (AfDB) |

Cameroon: The African Development Bank, a leading infrastructure partner

“The Bank's operations have changed the face of the region” – Cameroonian minister

In an era of transformative development, the African Development Bank Group (www.AfDB.org) stands as a beacon of progress in Central Africa, particularly in Cameroon, where the institution has earmarked more than 50 percent of its portfolio for funding transport infrastructure. The Bank spearheaded crucial projects such as the Ketta-Djoum Road,…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (3)
    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (1)
    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (2)
    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (3)
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Source: African Development Bank Group (AfDB) |

Africa's $824 billion debt burden and opaque resource-backed loans hinder its potential, African Development Bank President warns

The continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010

Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth, African Development Bank President Akinwumi Adesina (www.AfDB.org) said on Thursday. "I think it's time for us to have debt transparency accountability and make sure that this whole thing of these…

United Nations Economic Commission for Africa (ECA)
Source: United Nations Economic Commission for Africa (ECA) |

Strong calls for innovative financing and reform of the international financial system to achieve the Sustainable Development Goals in Africa

At least $500 billion a year is needed to scale up affordable long-term financing for development, alongside structural reforms

In a strong call to stakeholders at the opening of the tenth Africa Regional Forum on Sustainable Development (ARFSD-10) in Addis Ababa, Ethiopia, Amina Mohammed, UN Deputy Secretary-General said urgent action is needed to increase capital flows into developing countries, particularly in Africa to make the SDGs stimulus a reality.…